TY 2013 Form 990

(A) Name and Title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(E) Reportable compensation from related organizations (W- 2/1099-MISC)
(1) Henry Iida........................................................................ Co-Chairman	1.00 .......................	X	X	0
(2) Paul C K Chang........................................................................ Co-Chairman	1.00 .......................	X	X	0
(3) Russell Young........................................................................ Secretary	.10 .......................	X	X	0
(4) Thomas Toma........................................................................ Trustee	.10 .......................	X		0
(5) Glen Kaneshige........................................................................ Trustee	.10 .......................	X		0
(6) Ronald Taketa........................................................................ Trustee	.10 .......................	X		0
(7) Garrett Takara........................................................................ Alternate	.10 .......................	X		0
(8) Justin Kochi........................................................................ Alternate	.10 .......................	X		0
(9) George Ehara........................................................................ Trustee	.10 .......................	X		0
(10) Leonard Hoshijo........................................................................ Trustee	.10 .......................	X		0
(11) Audrey Hidano........................................................................ Alternate	.10 .......................	X		0
(12) Lance Yoshimura........................................................................ Alternate, partial year	.10 .......................	X		0
(13) Mitchell Tynanes........................................................................ Alternate, partial year	.10 .......................	X		0
(14) Eric Hashizume........................................................................ Alternate	.10 .......................	X		0
(15) Kyle Chock........................................................................ Trustee	.10 .......................	X		0
(16) Shayne Chung........................................................................ Trustee	.10 .......................	X		0
(17) Keith Hirota........................................................................ Trustee, Partial year	.10 .......................	X		3,207

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W- 2/1099-MISC)

(E)
Reportable compensation from related organizations (W- 2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(1) Henry Iida........................................................................
Co-Chairman

1.00
.......................

(2) Paul C K Chang........................................................................
Co-Chairman

1.00
.......................

(3) Russell Young........................................................................
Secretary

.10
.......................

(4) Thomas Toma........................................................................
Trustee

.10
.......................

(5) Glen Kaneshige........................................................................
Trustee

.10
.......................

(6) Ronald Taketa........................................................................
Trustee

.10
.......................

(7) Garrett Takara........................................................................
Alternate

.10
.......................

(8) Justin Kochi........................................................................
Alternate

.10
.......................

(9) George Ehara........................................................................
Trustee

.10
.......................

(10) Leonard Hoshijo........................................................................
Trustee

.10
.......................

(11) Audrey Hidano........................................................................
Alternate

.10
.......................

(12) Lance Yoshimura........................................................................
Alternate, partial year

.10
.......................

(13) Mitchell Tynanes........................................................................
Alternate, partial year

.10
.......................

(14) Eric Hashizume........................................................................
Alternate

.10
.......................

(15) Kyle Chock........................................................................
Trustee

.10
.......................

(16) Shayne Chung........................................................................
Trustee

.10
.......................

(17) Keith Hirota........................................................................
Trustee, Partial year

.10
.......................

3,207

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W- 2/1099-MISC)

(E)
Reportable compensation from related organizations (W- 2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(A) Name and business address	(B) Description of services	(C) Compensation
Hawaii Benefit Administrators Inc200 N Vineyard Blvd Ste 100HonoluluHI96817	Plan administration	490,582
Benefit Plan Solutions Inc680 Iwilei Road Suite 528HonoluluHI96817	Plan consulting	116,513
DeCarlo & Shanley533 So Freemont Ave 9th floorLos AngelesCA90071	Legal services	107,100
First Hawaiian BankPO Box 3200HonoluluHI96847	Investment custody	102,960

2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 4

(A)
Name and business address

(B)
Description of services

Hawaii Benefit Administrators Inc200 N Vineyard Blvd Ste 100HonoluluHI96817

Plan administration

490,582

Benefit Plan Solutions Inc680 Iwilei Road Suite 528HonoluluHI96817

Plan consulting

116,513

DeCarlo & Shanley533 So Freemont Ave 9th floorLos AngelesCA90071

Legal services

107,100

First Hawaiian BankPO Box 3200HonoluluHI96847

Investment custody

102,960

Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet

Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII.

(A)
Total expenses

(B)
Program service expenses

(D)
Fundraising expenses

Grants and other assistance to governments and organizations in the United States. See Part IV, line 21

Grants and other assistance to individuals in the United States. See Part IV, line 22

Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16

Benefits paid to or for members

30,859,107

Compensation of current officers, directors, trustees, and key employees ....

2,843

Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....

Other salaries and wages

Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....

Other employee benefits .......

Payroll taxes ...........

Fees for services (non-employees):

Management ......

490,582

Legal .........

119,704

Accounting ...........

73,874

Lobbying ...........

Professional fundraising services. See Part IV, line 17

Investment management fees ......

30,662

Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) ........

235,900

Advertising and promotion ....

Office expenses .......

85,820

Information technology ......

35,483

Royalties ..

Occupancy ...........

Travel ............

Payments of travel or entertainment expenses for any federal, state, or local public officials ......

Conferences, conventions, and meetings ....

23,884

Interest ...........

Payments to affiliates .......

Depreciation, depletion, and amortization .....

Insurance ..............

22,032

Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)

Claims processing expen

830,641

TRP and PCORI fees

219,941

Miscellaneous expenses

2,126

All other expenses

Total functional expenses. Add lines 1 through 24e

33,032,599

Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here MediumBullet

if following SOP 98-2 (ASC 958-720).

Part X Balance Sheet Check if Schedule O contains a response or note to any line in this Part X ..............
	1	Cash–non-interest-bearing .............		1
2	Savings and temporary cash investments .........	15,246,920	2	11,630,100
3	Pledges and grants receivable, net ...........		3
4	Accounts receivable, net .............	4,392,201	4	4,492,942
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L ..................
			5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
			6
7	Notes and loans receivable, net .............		7
8	Inventories for sale or use ..............		8
9	Prepaid expenses and deferred charges ..........	7,502	9	19,761
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a
b	Less: accumulated depreciation .....	10b			10c
11	Investments—publicly traded securities ..........	142,308,000	11	169,729,299
12	Investments—other securities. See Part IV, line 11 .....	2,202,203	12	84,166
13	Investments—program-related. See Part IV, line 11 .....		13
14	Intangible assets ...............		14
15	Other assets. See Part IV, line 11 ...........	1,350,371	15	1,310,980
16	Total assets. Add lines 1 through 15 (must equal line 34)......	165,507,197	16	187,267,248
	17	Accounts payable and accrued expenses .........	1,615,223	17	1,848,647
18	Grants payable .................		18
19	Deferred revenue ................		19
20	Tax-exempt bond liabilities .............		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D..		21
22	Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..........		22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ....		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D....................		25
26	Total liabilities. Add lines 17 through 25.........	1,615,223	26	1,848,647
		Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets ..............		27
28	Temporarily restricted net assets ...........		28
29	Permanently restricted net assets ...........		29
	Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds ........	0	30	0
31	Paid-in or capital surplus, or land, building or equipment fund .....	0	31	0
32	Retained earnings, endowment, accumulated income, or other funds	163,891,974	32	185,418,601
33	Total net assets or fund balances ...........	163,891,974	33	185,418,601
34	Total liabilities and net assets/fund balances ........	165,507,197	34	187,267,248

Part X Balance Sheet Check if Schedule O contains a response or note to any line in this Part X ..............

(A)
Beginning of year

(B)
End of year

Cash–non-interest-bearing .............

Savings and temporary cash investments .........

15,246,920

11,630,100

Pledges and grants receivable, net ...........

Accounts receivable, net .............

4,392,201

4,492,942

Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of
Schedule L ..................

Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L

Notes and loans receivable, net .............

Inventories for sale or use ..............

Prepaid expenses and deferred charges ..........

7,502

19,761

10a

Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D

10a

Less: accumulated depreciation .....

10b

10c

Investments—publicly traded securities ..........

142,308,000

169,729,299

Investments—other securities. See Part IV, line 11 .....

2,202,203

84,166

Investments—program-related. See Part IV, line 11 .....

Intangible assets ...............

Other assets. See Part IV, line 11 ...........

1,350,371

1,310,980

Total assets. Add lines 1 through 15 (must equal line 34)......

165,507,197

187,267,248

Accounts payable and accrued expenses .........

1,615,223

1,848,647

Grants payable .................

Deferred revenue ................

Tax-exempt bond liabilities .............

Escrow or custodial account liability. Complete Part IV of Schedule D..

Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified

persons. Complete Part II of Schedule L..........

Secured mortgages and notes payable to unrelated third parties ..

Unsecured notes and loans payable to unrelated third parties ....

Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D....................

Total liabilities. Add lines 17 through 25.........

1,615,223

1,848,647

Organizations that follow SFAS 117 (ASC 958), check here MediumBullet

and complete lines 27 through 29, and lines 33 and 34.

Unrestricted net assets ..............

Temporarily restricted net assets ...........

Permanently restricted net assets ...........

Organizations that do not follow SFAS 117 (ASC 958), check here MediumBullet

and complete lines 30 through 34.

Capital stock or trust principal, or current funds ........

Paid-in or capital surplus, or land, building or equipment fund .....

Retained earnings, endowment, accumulated income, or other funds

163,891,974

185,418,601

Total net assets or fund balances ...........

163,891,974

185,418,601

Total liabilities and net assets/fund balances ........

165,507,197

187,267,248

	(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate contributions to (during year) ...
3	Aggregate grants from (during year) .....
4	Aggregate value at end of year ........


a	Total number of conservation easements .......................	2a
b	Total acreage restricted by conservation easements ..................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register ....................	2d

		Amount
c	Beginning balance .................................	1c
d	Additions during the year ..............................	1d
e	Distributions during the year .............................	1e
f	Ending balance ...................................	1f

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......	1
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains on investments ..........	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................	2e
3	Subtract line 2e from line 1.....................	3
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b.......................	4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......	5

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........	1
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities ..........	2a
b	Prior year adjustments ..............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d......................	2e
3	Subtract line 2e from line 1.....................	3
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.......................	4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......	5

Return Reference	Explanation
Part X, Line 2:	The filing organization is an employee benefit trust consisting of two employee benefit plans. The two plans are separately audited. A consolidated audit at the trust level is not performed. The audited financial statements of each plan provide general disclosures pertaining to FIN 48 (ASC 740). The plan administrator is not aware of any uncertain tax positions affecting the plans or the trust.

1(a) Name of disqualified person

(b) Relationship between disqualified person and organization

(d) Corrected?

Yes

(a) Name of interested person

(b) Relationship with organization

(d) Loan to or from the organization?

(e)Original principal amount

(f)Balance due

(g) In default?

(h) Approved by board or committee?

(i)Written agreement?

From

Yes

Total ...... Small Bullet

(a) Name of interested person

(b) Relationship between interested person and the organization

(d) Type of assistance

(e) Purpose of assistance

(a) Name of interested person

(b) Relationship between interested person and the organization

(d) Description of transaction

(e) Sharing of organization's revenues?

Yes

(1) Hawaii Benefit Administrators Inc (HBAI)

One or more trustees of the organization is a director of HBAI.

490,582

The organization has contracted with HBAI to provide plan administration services to the Fund.

Return Reference	Explanation
Form 990, Part VI, Section A, line 2	The Board of Trustees is composed of ten voting trustees, five of whom are "union" trustees and five of whom are "contractor" trustees. The "union" trustees are appointed by the Hawaii Regional Council of Carpenters. The "contractor" trustees are appointed by the General Contractors Labor Association and/or the Building Industry Labor Association.
Form 990, Part VI, Section A, line 3	Management control is retained by the Board of Trustees. Administrative duties have been contracted to a third party administrator.
Form 990, Part VI, Section A, line 7a	The governing board is appointed by the Hawaii Regional Council of Carpenters, the General Contractors Labor Association, and/or the Building Industry Labor Association.
Form 990, Part VI, Section B, line 11	Form 990 was provided to the Board of Trustees as part of the May 2015 trustee meeting materials and reviewed with the trustees by the tax preparer at the May 2015 trustee meeting. Form 990 was subsequently filed with the IRS.
Form 990, Part VI, Section C, line 19	The organization makes its governing documents, form 990, and financial statements available for public inspection upon request.
Form 990, Part XII, Line 2c:	The process for reviewing the audits of the two employee benefit plans comprising the trust has not changed from the prior year.

Return Reference

Explanation

Form 990, Part VI, Section A, line 2

The Board of Trustees is composed of ten voting trustees, five of whom are "union" trustees and five of whom are "contractor" trustees. The "union" trustees are appointed by the Hawaii Regional Council of Carpenters. The "contractor" trustees are appointed by the General Contractors Labor Association and/or the Building Industry Labor Association.

Form 990, Part VI, Section A, line 3

Management control is retained by the Board of Trustees. Administrative duties have been contracted to a third party administrator.

Form 990, Part VI, Section A, line 7a

The governing board is appointed by the Hawaii Regional Council of Carpenters, the General Contractors Labor Association, and/or the Building Industry Labor Association.

Form 990, Part VI, Section B, line 11

Form 990 was provided to the Board of Trustees as part of the May 2015 trustee meeting materials and reviewed with the trustees by the tax preparer at the May 2015 trustee meeting. Form 990 was subsequently filed with the IRS.

Form 990, Part VI, Section C, line 19

The organization makes its governing documents, form 990, and financial statements available for public inspection upon request.

Form 990, Part XII, Line 2c:

The process for reviewing the audits of the two employee benefit plans comprising the trust has not changed from the prior year.

- TIN:

SCHEDULE R
(Form 990)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBullet

Attach to Form 990. MediumBullet

See separate instructions.
MediumBullet

Information about Schedule R (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2013

Open to Public Inspection

Name of the organization

Hawaii Carpenters Health & Welfare Fund

Employer identification number

99-6014752

Part I

Identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part IV, line 33.

(a) Name, address, and EIN (if applicable) of disregarded entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Total income	(e) End-of-year assets	(f) Direct controlling entity

Part II

Identification of Related Tax-Exempt Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No
(1) Hawaii Carpenters Apprenticeship Training Fund 200 N Vineyard Blvd Suite 100 Honolulu,HI96817 99-0119158	To provide education and training benefits to unionized employees	HI	501(c)(5)		None		No
(2) Hawaii Carpenters Market Recovery Program Fund 200 N Vineyard Blvd Suite 100 Honolulu,HI96817 99-0264270	To explore joint employer/employee work opportunities	HI	501(c)(5)		None		No
(3) Hawaii Carpenters Drywall Training Fund 200 N Vineyard Blvd Suite 100 Honolulu,HI96817 99-0143105	To provide education and training benefits to unionized employees	HI	501(c)(5)		None		No
(4) Hawaii Carpenters Vacation & Holiday Fund 200 N Vineyard Blvd Suite 100 Honolulu,HI96817 99-6025504	To provide vacation and holiday benefits to unionized employees	HI	501(c)(9)		None		No
(5) Hawaii Carpenters Financial Security Fund 200 N Vineyard Blvd Suite 100 Honolulu,HI96817 99-0264272	Employee benefit plan providing retirement benefits	HI			None		No
(6) Hawaii Carpenters 401(k) Fund 200 N Vineyard Blvd Suite 100 Honolulu,HI96817 55-0822045	Employee benefit plan providing retirement benefits	HI			None		No

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50135Y

Schedule R (Form 990) 2013

Page 2

Part III

Identification of Related Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No
(1) All Flooring LLC 1727 Repulican Street Honolulu,HI96819
(2) Apex Truss LLC 1900 Hau Street Honolulu,HI96819
(3) Armstrong Builders LLC 80 Sand Island Access Road Suite 20 Honolulu,HI96819
(4) Armstrong Pacific LLC 80 Sand Island Access Road Suite 20 Honolulu,HI96819
(5) Arrowpoint LLC 99-870 Iwaena Street Suite 101 Aiea,HI96701
(6) Best Vinyl LLC 62 North 1020 West American Fork,UT84003
(7) CK Interiors LLC 94-542 Palai Street Waipahu,HI96797
(8) Channel Construction LLC 99-1451 Koaha Place Aiea,HI96701
(9) DCK Pacific Construction LLC 707 Richards Street Suite 410 Honolulu,HI96813
(10) DJN Solutions LLC 124 W Oak Avenue Moorestown,NJ08087
(11) Finishing Edge Curb & Sidewalk LLC 2920 State Street Everett,WA98201
(12) FIRETEK PACIFIC LLC 2676 WAIWAI LOOP Honolulu,HI96819
(13) FIRST PACIFIC BUILDERS LLC 308 KILUA PLACE Honolulu,HI96819
(14) FOWLER-HDCC JV P O BOX 4088 HONOLULU,HI96812
(15) Gentry Builders LLC 560 N Nimitz Hwy 210 Honolulu,HI96817
(16) Honolulu Builders LLC 800 Bethel Street Suite 401 Honolulu,HI96813
(17) IPC Lydon LLC 35 Oak Hill Way Brockton,MN02301
(18) Island Pacific Installers LLC 500 Alakawa St 114 Honolulu,HI96817
(19) J&J Drywall and Plastering LLC PO Box 4734 Kailua Kona,HI96745
(20) Jennings Pacific LLC PO Box 37238 Honolulu,HI96813
(21) JN Builders LLC 84-694 Farrington Hwy Waianae,HI96792
(22) JR BUILT LLC 86-218 LEIPUPU PLACE Waianae,HI96792
(23) Kayar Construction LLC 819 Moowaa Street Suite 102 Honolulu,HI96817
(24) KIEWITKOBAYASHI JOINT VENTURE 650 IWILEI RD SUITE 202 HONOLULU,HI96817
(25) KiewitMcnally KKT AJV 1001 Kamokila Blvd Suite 305 Kapolei,HI96707
(26) Lanai Builders LLC 680 Iwilei Rd Suite 510 HONOLULU,HI96817
(27) Ledcor Construction Hawaii LLC 1003 Bishop St Ste 1250 Honolulu,HI96813
(28) Lewis & Mann Plastering & Drywall LLC PO Box 166 Lihue,HI96766
(29) Lincoln Builders LLC 747 Amana Street suite 216 Honolulu,HI96814
(30) No Ka Oi Woodworks LLC 151 Ahekolo Place Kihei,HI96753
(31) Oahu Garage Door LLC 94-388 OLOLU STREET MILilani,HI96789
(32) Ono Construction LLC 91-284 Komohana Street Kapolei,HI96707
(33) Pacific Concrete Works LLC 4517 Pueo Road Kekaha,HI96752
(34) Pacific Recreation Co LLC 99-899 Iwaena St 113 Aiea,HI96701
(35) Paradigm Construction LLC 197 Sand Island Access Rd 204 Honolulu,HI96819
(36) Prism Acoustical & Drywall LLC 91-747 Ihipahu Street Ewa Beach,HI96706
(37) Protech Roofing LLC PO Box 31226 Honolulu,HI96820
(38) Roger's Interiors LLC 45-201 Haunani Place Kaneohe,HI96744
(39) SEALASKA CONSTRUCTORS LLC 2020 S A STREET SUITE 102 AUBURN,WA98002
(40) Structural Components Hawaii LLC P O Box 927 Kailua,HI96734
(41) Takase Doors & Service LLC 1824 Kahai Street A Honolulu,HI96819
(42) TAYLOR & DAUGHTERS LLC 41 WEST MAKAUKAU LOOP Wailuku,HI96793
(43) The Lydon Company LLC 35 Oak Hill Way Brockton,MA02301
(44) THE WAIKOLU GROUP LLC 47-660 MELEKULA ROAD Kaneohe,HI96744
(45) Warrior Contracting LLC 500 Ala Moana Blvd 400 HONOLULU,HI96813
(46) Watts Constructors LLC 737 Bishop Street 2900 Honolulu,HI96813
(47) WDI Companies LLC 2627 Kilihau Street Honolulu,HI96819

Part IV

Identification of Related Organizations Taxable as a Corporation or Trust Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(i) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	Yes	No
(1) Hawaii Benefit Administrators Inc 200 N Vineyard Blvd Suite 100 Honolulu,HI96817	Administrative services	HI	None	C				No
(2) Absher Construction Co P O Box 280 Puyallup,WA98371
(3) Acoustical Drywall Systems 385 E Kuiaha Road Haiku,HI96708
(4) Agsalud Construction 91-1034 Lauia Street Bay 1 Kapolei,HI96707
(5) Aguda Construction Inc 1133 Gulick Avenue Honolulu,HI96819
(6) Airwall Specialists PO BOX 3077 DILLON,CA80435
(7) AKAMAI BUILDERS INC 1602 C Auiki Sreet Honolulu,HI96819
(8) Allied Builders System 1717 Akahi Street Honolulu,HI96819
(9) Allied Construction Inc 1917 Homerule Street Honolulu,HI96817
(10) Aloha Gypsum Floors co Altres Inc 967 Kapiolani Blvd Honolulu,HI96814
(11) American Piping & Boiler 91-335 Kauhi Street Kapolei,HI96707
(12) American Tradition Homes Ltd 111 East Lincoln Road Suite 104 Spokane,WA99208
(13) Arisumi Brothers Inc 291 Dairy Road Kahului,HI96732
(14) Artistic Builders Corporation 67 Ponana Street Kihei,HI96753
(15) A's Carpentry Inc PO Box 2329 Ewa Beach,HI96706
(16) Bauske Environmental Inc PO Box 75301 Kapolei,HI96707
(17) Beachside Roofing 91-571 Nukuawa Street Kapolei,HI96707
(18) BEALS MARTIN & ASSOCIATES INC 2596 BAY ROAD REDWOOD CITY,CA94063
(19) BEK Inc 99-870 Iwaena Street Suite A Aiea,HI96701
(20) BERKEL & CONPANY CONTRACTORS INC 2649 S 142ND STREET BONNER SPRINGS,KS66012
(21) BETSILL BROTHERS CONST CO INC 635 KENOLIO ROAD Kihei,HI96753
(22) Brett Hill Construction Inc Hawaiki Tower 88 Piikoi St Suite 30 Honolulu,HI96814
(23) Brian's Contracting Inc 1029 Puuwai Street Honolulu,HI96819
(24) Bruce Matson Co Inc 3465 Waialae Ave Suite 300A Honolulu,HI96816
(25) Cavalier Construction 14-48 Auauki Street Kailua,HI96734
(26) Ceco Concrete Construction 10100 N W Ambassador Dr Ste 400 Kansas City,MO64153
(27) Central Construction Inc 353 Hanamau Street 2 Kahului,HI96732
(28) CHARLES PANKOW BUILDERS LTD 199 S LOS ROBLES AVENUE SUITE 300 PASADENA,CA91101
(29) Chings's Nursery Inc (SERVICE CONTRACTING) 46-005 Kawa St 103 Kaneohe,HI96744
(30) Choice Construction Inc 3159 Magnolia Place Honolulu,HI96816
(31) City Construction Inc 98-021 Kamehameha Highway Suite 309 Aiea,HI96701
(32) Clear Choice Builders Inc PO Box 1151 Pearl City,HI96782
(33) Clifford Okinaga 94-165 Leokane St Unit 1 Waipahu,HI96797
(34) Close Construction Inc 94-405 Maikoiko Street Waipahu,HI96797
(35) Closet Systems of Hawaii c/o Altres 967 Kapiolani Boulevard Honolulu,HI96814
(36) Coastal Construction Co Inc 1900 Hau Street Honolulu,HI96819
(37) Commercial Shelving Inc 2835 Ualena Street Honolulu,HI96819
(38) Construction Materials & Supply Resources 1510 Midway Court E2 Elk Grove Village,IL60007
(39) Constructors Hawaii Inc 1728 Kahai Street Honolulu,HI96819
(40) Cooperative Installation 316 California Ave Suite 1001 Reno,NV89509
(41) Cornair Remodeling Inc 1132 Bishop St 2020 Honolulu,HI96813
(42) Custom Drywall Inc 488 ATWATER CIRCLE ST PAUL,MN55103
(43) D & D CONSTRUCTION INC P O BOX 1381 Kailua,HI96734
(44) D A BUILDERS PO Box 2027 Ewa Beach,HI96706
(45) Davidson Construction Inc 73-4209 Hawaii Belt Road KailuaKona,HI96745
(46) DCN Contracting Inc 1816 PALOLO AVE APT C Honolulu,HI96816
(47) Delta Construction Corp 91-255 Oihana Street Ewa Beach,HI96707
(48) Designer Built Systems Inc 94-101A Malakeke Place Waipahu,HI96797
(49) DME Construction Inc 94-400 Koaki St Ste B Waipahu,HI96797
(50) Dura Constructors Inc 765 Amana St Suite 500 Honolulu,HI96814
(51) DYK INCORPORATED PO BOX 696 EL CAJON,CA92022
(52) Dynamic Interiors 4137 Likini Street Honolulu,HI96818
(53) Eagle Interiors 96-1173 Waihona Street Unit A-1 Pearl City,HI96782
(54) EAST & WEST ALUM CRAFT HI LTD 3539 LANIHOU PLACE KIHEI,HI96753
(55) Edwards & Sands Constr Co Inc PO Box 971029 Waipahu,HI96797
(56) Every Door Service 339-A Ano Street Kahului,HI96732
(57) F & H Construction 1115 E Lockeford Street Lodi,CA95240
(58) Floor Technologies of Hawaii 99-1350 Koaha Place Aiea,HI96701
(59) Fopco Inc 2419 Lauwiliwili Street Kapolei,HI96707
(60) Foundations Hawaii Inc 2116 Lauwiliwili Street 107F Kapolei,HI96707
(61) FRANK COLUCCIO CONSTRUCTION CO 9600 M L KING WAY SOUTH Seattle,WA98118
(62) George M Raymond Company 6435 So Valleyview Boulevard Suite Las Vegas,NV89118
(63) GOEBEL FIXTURE COMPANY 5285 DALE STREET SW HUTCHINSON,MN55350
(64) Goodfellow Brothers Inc PO Box 598 Wenatchee,WA98807
(65) Goto Construction Inc 42-273 Old Kalanianaole Hwy Kailua,HI96734
(66) GRAMERCY GROUP INC 3000 BURNS AVENUE WANTAGH,NY11793
(67) Group Builders Inc 511 Mokauea Street Honolulu,HI96819
(68) Guy's Superior Interior Inc 1643 Kahai Street Honolulu,HI96819
(69) Haas Insulation Inc 94-1388 Moaniani Street 111 Waipahu,HI96797
(70) HAKO CONSTRUCTION 958 AKEPO LANE HONOLULU,HI96817
(71) Hamasaki Lyle Construction Inc 2130 Bannister Place Honolulu,HI96819
(72) Hawaii Carpenter Services Inc 520 Ahui Street Honolulu,HI96813
(73) HAWAII MASONRY & DEVELOPMENT CORP P O BOX 2537 KAILUAKONA,HI96745
(74) Hawaiian Dredging & Const Co PO Box 4088 Honolulu,HI96812
(75) HAWAIIAN ENERGY SYSTEMS 755 KALALEA STREET Honolulu,HI96825
(76) HE JOHNSON COMPANY 133 23RD STREET SE Puyallup,WA98372
(77) Healy Tibbitts Builders Inc 4 Commerce Drive Cranford,NJ07016
(78) Heeia Construction Co c/o Allen Arakaki CPA Inc 1314 S Ki Honolulu,HI96814
(79) HENSEL PHELPS CONSTRUCTION COMPANY 841 BISHOP STREET SUITE 2001 HONOLULU,HI96813
(80) Heritage Interior Finish Inc 13 Paalae Place Wailuku,HI96793
(81) Hidano Construction Inc 1620 Hau Street Honolulu,HI96817
(82) Hinahara Alan S Construction Inc 98-708 Ewelani Street Aiea,HI96701
(83) Honolulu Tile & Marble Inc 1602 Auiki St Suite B Honolulu,HI96819
(84) HUNT BUILDING COMPANY LTD 91-2031 ROOSEVELT AVE Kapolei,HI96707
(85) I G D Hospitality Inc 821 Ahuwale Street Honolulu,HI96821
(86) IDEAL CONSTRUCTION INC 1038 ULUPONO STREET Honolulu,HI96819
(87) Inouye Ralph S Co Ltd 2831 Awaawaloa Street Honolulu,HI96819
(88) Insul Acoustics North Inc 833 Mahler Road Suite 17 Burlingame,CA94010
(89) Insulation Acoustics Drywall & Plastering Inc 103 Sonora Court Oakley,CA94561
(90) Integrated Construction Inc 99-1400 Koaha Place Aiea,HI96701
(91) IPR Inc 1481 S King Street 226 Honolulu,HI96814
(92) Isec Inc 33 Inverness Drive E Englewood,CO80112
(93) Isemoto Contracting Co Ltd PO Box 4669 Hilo,HI96720
(94) ISLAND HERITAGE BUILDERS 91-1122 KIWI STREET Ewa Beach,HI96706
(95) J W Inc 630 Laumaka Street Honolulu,HI96819
(96) J TAMASHIRO INC 1628 DEMOCRAT STREET Honolulu,HI96819
(97) JDH CONSTRUCTION LTD PO BOX 1083 MAKAWAO,HI96768
(98) Ka Mo'I Construction 91-430 Komohana St Kapolei,HI96707
(99) KAI BUILDERS INC 94-411 HAIWALE PLACE MILILANI,HI96789
(100) Kadowaki Jay Inc 518 Ahui Street Honolulu,HI96813
(101) Kaikor Construction Co Inc PO Box 30162 Honolulu,HI96820
(102) Kauai Builders Ltd 3988 Halau Street Lihue,HI96766
(103) Kealoha Construction 1826 Kaohu Street Wailuku,HI96793
(104) Kelly Construction Inc PO Box 2727 KailuaKona,HI96745
(105) KENCO CONSTRUCTION INC 4611 SHILSHOLE AVE NW Seattle,WA98107
(106) Kennedy Construction Corp 512 Mililani Place Kihei,HI96753
(107) Kenwood Construction 1910 Ala Moana Blvd Suite 2 Honolulu,HI96815
(108) Kiewit Building Group 1000 Kiewit Plz Omaha,NE68131
(109) Kiewit Infrastructure West Co PO Box 31096 Omaha,NE68131
(110) Kingston Enviromental Service Inc 13810 SE Eastgate Way Suite 420 Bellevue,WA98005
(111) Kobayashi Albert C Inc 94-535 Ukee Street Waipahu,HI96797
(112) Koga Engineering & Construction Inc PO Box 31289 Honolulu,HI96820
(113) Kokomo Drywall & Acoustic Inc PO Box 626 Haiku,HI96708
(114) KPRS HAWAII CONSTRUCTION INC 3465 WAIALAE AVE SUITE 395 Honolulu,HI96816
(115) La'au Structures Inc 650 Kakoi Street Unit 200 Honolulu,HI96819
(116) Land Sea Engineering Construction Inc P O Box 12993 Lahaina,HI96761
(117) Lankford Construction Co 1455 Karlens Way Johnsburg,IL60051
(118) Lend Lease 2300 Yorkmount Road Suite 700 Charlotte,NC28217
(119) Lloyd W Aubry Company Inc 2148 Dunn Road Hayward,CA94545
(120) M Shiroma Construction Company 94-116 Pupuole Place Waipahu,HI96797
(121) Macmurray Construction PO Box 724 Kealakekua,HI96750
(122) Mark Dixon Construction 73-1202 Kuakapu Street KailuaKona,HI96740
(123) Maryl Pacific Construction Inc 55 Merchant St Ste 2900 Unit C-141 Honolulu,HI96813
(124) MAUI CLOSET COMPANY 310 HUKILIKE STREET UNIT M KAHULUI,HI96732
(125) MAUI MASTER BUILDERS INC 72 TINGS DRIVE WAILUKU,HI96793
(126) Mauna Kea Acoustic & Drywall Inc PO Box 575 Kamuela,HI96743
(127) McClone Construction Co 5170 Hillsdale Circle Suite B El Dorado Hills,CA95762
(128) Mitsunaga Construction Inc 1035 Mikole Street Honolulu,HI96819
(129) MJ Construction Co 94-155 Leoole Street C5 Waipahu,HI96797
(130) MOCON CORPORATION 1778 ALA MOAN BLVD 3206 HONOLULU,HI96797
(131) Monma H General Contractor Inc 252-B Koa Street Wahiawa,HI96786
(132) Mouse Builders Inc 905 Kalanianaole Hwy 7A Kailua,HI96734
(133) Nakamoto Concrete & Masonry P O BOX 7538 Hilo,HI96720
(134) NAN INC 636 LAUMAKA STREET Honolulu,HI96819
(135) Narito Construction Company P O Box 894387 MILilani,HI96789
(136) NATIONWIDE INST SERVICE INC 6688 N CENTRAL EXPWAY SUITE 1400 DALLAS,TX75206
(137) Neptune Construction Group Inc (MARK DIXON) 75-5919 Alii Dr EE23 Kailua Kona,HI96740
(138) NOGUCHI BUILDERS INC 94-148 LEOWAENA ST 3D WAIPAHU,HI96797
(139) Nordic PCL Construction Inc 1099 Alakea Street Suite 1560 Honolulu,HI96813
(140) O P Construction Co 94-869 Mokuahi Street Waipahu,HI96797
(141) OCEANVIEW BUILDERS INC 94-1388 MOANIANI ST UNIT 301 WAIPAHU,HI96797
(142) Okada Trucking Co Ltd 818 Moowaa Street Honolulu,HI96817
(143) P M J Builders Inc 94-155 Leoole Street Unit D-5 Waipahu,HI96797
(144) Paccon Construction Inc 2440 Campus Road 374 Honolulu,HI96814
(145) PACIFIC PRO INC 800 BETHEL SREET SUITE 303 HONOLULU,HI96813
(146) Paramount Builders 2298 Alahao Place Unit 1 Honolulu,HI96819
(147) Parsons Constructors Inc 100 W Walnut Street Pasadena,CA91124
(148) PARSONS RCI INC 1216 140th Avenue Ct E Sumner,WA98390
(149) Partition Specialties 7428 Redwood Blvd Ste 101 Novato,CA94945
(150) Penthouse Pacific Construction PO Box 2144 Kihei,HI96753
(151) Pioneer Contracting Co Ltd 930 Kilani Avenue Wahiawa,HI96786
(152) Premier Interior Development Inc 20610 Lassen Street Chatsworth,CA91311
(153) Primatech Construction Inc 1668 S King Street 201 Honolulu,HI96826
(154) Prime Construction Inc 830 Mapunapuna Street Honolulu,HI96819
(155) Pro-Bilt Construction Company Inc 400 Hookahi Street F-106 Wailuku,HI96793
(156) RK IIDA 45-554 B1 KAMEHAMEHA HWY Kaneohe,HI96744
(157) Reef Development of HI Inc 99-930 Iwaena Street 107B Aiea,HI96701
(158) Retama Management Group 73-4767 Halolani Street KailuaKona,HI96740
(159) Richard Taylor 41 W Makaukau Loop Wailuku,HI96793
(160) RLP Inc 205 Sand Island Access Way Box 105 Honolulu,HI96819
(161) Robert A Bothman Inc 650 Quinn Ave San Jose,CA95112
(162) Robert M Kaya Builders Inc 525 Kokea Street Bldg B-3 Honolulu,HI96817
(163) Royal Contracting Co Ltd 677 Ahua Street Honolulu,HI96819
(164) RSL DRYWALL PO BOX 492736 Keaau,HI96749
(165) S & G Construction Inc 1900-A Hau Street Honolulu,HI96819
(166) S & M Sakamoto Inc 500 Alakawa Street Ste 220 E Honolulu,HI96817
(167) S F Masonry 257 Kaiwahine Street Kihei,HI96753
(168) SAK and Associates Inc PO Box 1510 Sumner,WA98390
(169) SAMSUNG E&C AMERICA INC 330 GOLDEN SHORE SUITE 300 LONG BEACH,CA90802
(170) Sea Engineering Inc Pier 21 Honolulu,HI96817
(171) Servco Raynor Overhead Doors Inc Attn Payroll Department PO Box 2788 Honolulu,HI96803
(172) Shintani Alan I Inc 94-409 Akoki Street Waipahu,HI96797
(173) Shioi Construction Inc 98-724 Kuahao Place Pearl City,HI96782
(174) Sinclair Drywall Inc 905 Kalanianaole Hwy 2nd Floor Kailua,HI96734
(175) Site Engineering Inc 545 Kaaahi Street Honolulu,HI96817
(176) SOLAR UNIVERSE HAWAII 96-1382 Waihona Street 6 Pearl City,HI96782
(177) Solid Surface Technologies (WSC) 360 Mokauea St Honolulu,HI96819
(178) Stan's Contracting Inc 99-1280 Waiua Place Aiea,HI96701
(179) Statewide Gen Contracting & Construction Inc c/o John Young CPA 98-211 Pali Momi Aiea,HI96701
(180) Steel Truss & Panel 44-181-5 Laha Street Kaneohe,HI96744
(181) Steeltech Inc 99-1324 Koaha Place Aiea,HI96701
(182) STRONGENTERPRISES INC 46-441 C KAHUHIPA ST Kaneohe,HI96744
(183) Structural Dynamics Inc PO Box 30106 Honolulu,HI96820
(184) Summit Construction Inc 98-055 Kamehameha Hwy Bldg C-2 Aiea,HI96701
(185) Su-Mo Builders Inc 2688 Kilihau Street Bay C Honolulu,HI96819
(186) Sunrise Construction Inc PO Box 927 Kailua,HI96734
(187) Superior Concrete Service PO Box 700789 Kapolei,HI96709
(188) Sutton Construction Inc 48-486 Haupoa Street Kaneohe,HI96744
(189) SWI Finishing HI Inc 510 Cotton Gin Lane Kerrville,TX78028
(190) Swinerton BUILDERS 260 Townsend Street San Francisco,CA94107
(191) T Iida Contracting Ltd 45-558 Kamehameha Highway C13 Kaneohe,HI96744
(192) TALION CONSTRUTION 819 MOOWAA STREET 209 Honolulu,HI96817
(193) TCS Drywall Inc dba Alii Drywall 1805 Colburn Street Honolulu,HI96819
(194) Tek Pacific 96-1382 Waihona Street 6 Pearl City,HI96782
(195) The Looking Glass Corporation 2298 K Alahao Place Honolulu,HI96819
(196) Tokunaga Masonry Inc 916 Puuhale Road Honolulu,HI96819
(197) Tomco Corporation 500 Alakawa Street 100A Honolulu,HI96817
(198) Tommy S Toma Contractor Inc 820 Iwilei Road Honolulu,HI96817
(199) Tricon Inc 2353 Beckwith Street Honolulu,HI96822
(200) Universal Construction Inc 1038 Puuwai Street Honolulu,HI96819
(201) Unlimited Construction Services Inc 1696 Haleukana Street Lihue,HI96766
(202) V & C DRYWALL CONTRACTORS INC 91-430 KOMOHANA STREET KAPOLEI,HI96707
(203) VANGUARD BUILDERS INC 2140 KUHIO AVE SUTIE 508 Honolulu,HI96815
(204) VIKING CONSTRUCTION INC 381 HUKULII PLACE SUITE 2 KIHEI,HI96753
(205) Wahine Builders Gen Contractor 46-270 Kamehameha Highway Kaneohe,HI96744
(206) Walker-Moody Const Co Ltd 2927 Mokumoa Street Honolulu,HI96819
(207) Walsh Construction Company 929 Adams Street Chicago,IL60607
(208) Waltz Engineering Inc 500 Alakawa Street 119 Honolulu,HI96817
(209) Weber Company PO Box 61463 Honolulu,HI96839
(210) Western Industrial Contractors 14805 East Moncrieff Place Aurora,CO80011
(211) Western Overhead Door Co 80 Sand Island Access Road 226 Honolulu,HI96819
(212) White Sands Construction 67-1015 Keamuku Rd Kamuela,HI96743
(213) Wortington Military Construction Inc 1025 Westhaven Blvd Suite 260 Franklin,TN37064
(214) Yamada Paint Contracting Inc dba GW Construction 16-212 Melekahiwa Place Keaau,HI96749
(215) Z CONTRACTORS INC 612 KAIMALINO PLACE KAILUA,HI96734
(216) ZELINSKY COMPANY 91-310 KOMOHANA STREET Kapolei,HI96707
(217) Carpenters Union Local 745 1311 Houghtailing Street Honolulu,HI96817
(218) HAWAII CONSTRUCTION ALLIANCE 1311 Houghtailing Street Honolulu,HI96817
(219) HAWAII REGIONAL COUNCIL OF CARPENTERS 1311 Houghtailing Street Honolulu,HI96817
(220) Market Recovery Trust Fund 200 N Vineyard Blvd Bldg A Suite 10 Honolulu,HI96817

Schedule R (Form 990) 2013

Page 3

Part V

Transactions With Related Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.

Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.

Yes

1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?

a Receipt of (i) interest (ii) annuities (iii) royalties or (iv) rent from a controlled entity . . . . . . . . . . . . . . . . . . . . . . .

b Gift, grant, or capital contribution to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

c Gift, grant, or capital contribution from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

d Loans or loan guarantees to or for related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

e Loans or loan guarantees by related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

f Dividends from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

g Sale of assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

h Purchase of assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

i Exchange of assets with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

j Lease of facilities, equipment, or other assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . .

k Lease of facilities, equipment, or other assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . .

l Performance of services or membership or fundraising solicitations for related organization(s) . . . . . . . . . . . . . . . . . . . .

m Performance of services or membership or fundraising solicitations by related organization(s) . . . . . . . . . . . . . . . . . . . .

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) . . . . . . . . . . . . . . . . . . . . .

o Sharing of paid employees with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

p Reimbursement paid to related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

q Reimbursement paid by related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

r Other transfer of cash or property to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

s Other transfer of cash or property from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.

(a) Name of related organization	(b) Transaction type (a-s)	(c) Amount involved	(d) Method of determining amount involved

Schedule R (Form 990) 2013

Page 4

Part VI

Unrelated Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 37.

Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(e) Are all partners section 501(c)(3) organizations?		(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V?UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V?UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No

Schedule R (Form 990) 2013

Page 5

Part VII

Supplemental Information

Provide additional information for responses to questions on Schedule R (see instructions).

Return Reference	Explanation

Schedule R (Form 990) 2013

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: To operate health and welfare employee benefit plans.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	10
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	10
5	Total number of individuals employed in calendar year 2013 (Part V, line 2a) ......	5	0
6	Total number of volunteers (estimate if necessary) .............	6	0
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	0	0
9	Program service revenue (Part VIII, line 2g) .........	36,427,554	39,217,389
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	7,602,165	6,517,462
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	0	0
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)...................	44,029,719	45,734,851
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	0	0
14	Benefits paid to or for members (Part IX, column (A), line 4).....	31,157,104	30,859,107
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	740	2,843
16a	Professional fundraising fees (Part IX, column (A), line 11e).....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	1,846,275	2,170,649
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	33,004,119	33,032,599
19	Revenue less expenses. Subtract line 18 from line 12.......	11,025,600	12,702,252
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	165,507,197	187,267,248
21	Total liabilities (Part X, line 26).............	1,615,223	1,848,647
22	Net assets or fund balances. Subtract line 21 from line 20.....	163,891,974	185,418,601

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	Medical, dental, life insurance and other health & welfare benefits were provided to eligible participants under two employee benefit plans.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)............	3,207	0	0

				(A) Total revenue	(B) Related or exempt function revenue	(C) Unrelated business revenue	(D) Revenue excluded from tax under sections 512-514
1a	Federated campaigns..1a
b	Membership dues....1b
c	Fundraising events....1c
d	Related organizations...1d
e	Government grants (contributions)1e

f	All other contributions, gifts, grants, and similar amounts not included above1f

g	Noncash contributions included in lines 1a-1f:$
h	Total. Add lines 1a-1f.......
			Business Code
2a	Employer contributions		230000	37,774,052	37,774,052
b	Employee contributions		230000	1,443,337	1,443,337
c
d
e
f	All other program service revenue .
g	Total. Add lines 2a–2f........			39,217,389
3	Investment income (including dividends, interest, and other similar amounts).......			6,314,696			6,314,696
4	Income from investment of tax-exempt bond proceeds..
5	Royalties...........
		(i) Real	(ii) Personal
6a	Gross rents
b	Less: rental expenses
c	Rental income or (loss)
d	Net rental income or (loss).......
		(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory	8,378,530
b	Less: cost or other basis and sales expenses	8,175,764
c	Gain or (loss)	202,766
d	Net gain or (loss)..........			202,766	202,766
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ..
	a
b	Less: direct expenses ...b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
	a
b	Less: direct expenses ...b
c	Net income or (loss) from gaming activities...
10a	Gross sales of inventory, less returns and allowances .
	a
b	Less: cost of goods sold ..b
c	Net income or (loss) from sales of inventory..
Miscellaneous Revenue			Business Code
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......
12	Total revenue. See Instructions......			45,734,851	39,420,155	0	6,314,696

		(a)Current year	(b)Prior year	b (c)Two years back	(d)Three years back	(e)Four years back
1a	Beginning of year balance ....
b	Contributions ........
c	Net investment earnings, gains, and losses
d	Grants or scholarships .....
e	Other expenditures for facilities and programs ........
f	Administrative expenses ....
g	End of year balance ......

Description of property		(d) Book value
1a	Land .................
b	Buildings ................
c	Leasehold improvements ............
d	Equipment ................
e	Other .................
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).).......		0

(a) Description of security or category (including name of security)		(b)Book value	(c) Method of valuation: Cost or end-of-year market value
(1)Financial derivatives
(2)Closely-held equity interests
Other








Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

1.(a) Description of liability		(b) Book value
Federal income taxes









Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)
2. Liability for uncertain tax positions In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII ..................................................

1(a) Name of disqualified person	(c) Description of transaction	(d) Corrected?
1(a) Name of disqualified person	(c) Description of transaction	Yes	No

(a) Name of interested person	(b) Relationship with organization	(c) Purpose of loan	(d) Loan to or from the organization?		(e)Original principal amount	(f)Balance due	(g) In default?		(h) Approved by board or committee?		(i)Written agreement?
(a) Name of interested person	(b) Relationship with organization	(c) Purpose of loan	To	From	(e)Original principal amount	(f)Balance due	Yes	No	Yes	No	Yes	No






Total ...... $

(a) Name of interested person	(b) Relationship between interested person and the organization	(c) Amount of transaction	(d) Description of transaction	(e) Sharing of organization's revenues?
(a) Name of interested person		(c) Amount of transaction	(d) Description of transaction	Yes	No
(1) Hawaii Benefit Administrators Inc (HBAI)	One or more trustees of the organization is a director of HBAI.	490,582	The organization has contracted with HBAI to provide plan administration services to the Fund.		No