Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| ADDITIONAL INFORMATION | FORM 990 | PART IV LINE 34: IBEW LOCAL UNION NO. 557 SPONSORS THE FUND. HOWEVER, THAT ORGANIZATION DOES NOT CONTRIBUTE 10% OR MORE OF THE CONTRIBUTIONS OR PAYMENTS MADE TO THE FUND. (SEE THE INSTRUCTIONS TO SCHEDULE R.) |
| ADDITIONAL INFORMATION | FORM 990, PART VI | LINE 12A: ANNUALLY EACH TRUSTEE MUST ANSWER THE FIDUCIARY LIABILITY INSURANCE RENEWAL QUESTIONNAIRE WHICH CONTAINS QUESTIONS REGARDING POTENTIAL AND ACTUAL CONFLICTS OF INTEREST. |
| SIGNIFICANT CHANGES TO ORGANIZATIONAL DOCUMENTS | FORM 990, PAGE 6, PART VI, LINE 4 | THE FUND'S BOARD OF TRUSTEES AMENDED THE PLAN DOCUMENT, WHICH CONTAINS THE RULES GOVERNING THE FUND'S AFFAIRS, TO PROVIDE FOR JURY DUTY BENEFITS, DISABILITY BENEFITS, AND A SEVERANCE BENEFIT. |
| ELECTION OF MEMBERS AND THEIR RIGHTS | FORM 990, PAGE 6, PART VI, LINE 7A | THE FUND IS ADMINISTERED BY A BOARD OF FOUR TRUSTEES, EACH OF WHOM IS ELECTED BY THE LOCAL UNION MEMBERSHIP INTO AN OFFICER POSITION OF THE LOCAL UNION FROM WHICH HE HOLDS HIS FUND TRUSTEESHIP EX OFFICIO. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | THE FORM 990 IS PRESENTED AND APPROVED AT A MEETING OF THE BOARD OF TRUSTEES, SUBJECT TO REVIEW BY AND APPROVAL OF THE FUND'S LEGAL COUNSEL. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | THE FUND IS ESTABLISHED AND MAINTAINED PURSUANT TO THE EMPLOYEE RETIREMENT SECURITY ACT OF 1974, AS AMENDED. IT OPERATES IN COMPLIANCE WITH THE REPORTING AND DISCLOSURE REQUIREMENTS OF SUBTITLE B, PART 1 OF ERISA WITH RESPECT TO DISCLOSURE OF ITS GOVERNING DOCUMENTS AND FINANCIAL INFORMAITON. IT OPERATES IN COMPLIANCE WITH THE FIDUCIARY RESPONSIBILITY REQUIEMENTS OF SUBTITLE B, PART 4 OF ERISA. |
| ADDITIONAL INFORMATION | FORM 990, PART VII | LINE 1A: THES TRUSTEES OF THE FUND SERVE WITHOUT COMPENSATION FROM THE FUND, BUT, ONE TRUSTEES IS COMPENSATED AS AN EMPLOYEE OF IBEW LOCAL 557, WHICH IS THE "SPONSORING ORGANIZATION OF A VEBA"; HOWEVER, THAT ENTITIY DID NOT MAKE ANY CONTRIBUTIONS, LET ALONE 10% OR MORE OF THE CONTRIBUTIONS, TO THE FUND DURING THE TAX YEAR. (SEE THE INSTRUCTIONS TO SCHEDULE R.)" |
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