My mental model is a bit more like you have collections of warps in a block, and all warps in a block get scheduled onto an SM. Different GPU architectures allow for different numbers of warps to be simultaneously active or inactive, and each warp has its own instruction pointer and can be suspended while waiting for things like memory. I found the picture on pg 22 here really helpful: https://images.nvidia.com/aem-dam/en-zz/Solutions/data-cente...
Note that although there's 4 schedulers, on the A100, they don't dispatch every cycle iirc.