Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, LINE 11 | PROVISION OF A COPY OF FORM 990 TO ALL MEMBERS OF THE GOVERING BODY: THE CHIEF EXECUTIVE OFFICER REVIEWS THE 990 AND A COPY OF THE RETURN IS PROVIDED TO THE TRUSTEES SUBSEQUENT TO FILING. |
| FORM 990, PART VI, LINE 12C | CONFLICTS OF INTEREST POLICY: DISCLOSURE OF ACTUAL OR POTENTIAL CONFLICT OF INTEREST. SHOULD ANY INDIVIDUAL COVERED BY THIS POLICY DETERMINE THAT HE POSSESSES AN ACTUAL CONFLICT OR POTENTIAL CONFLICT OF INTEREST, SUCH INDIVIDUAL MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST OR RELATIONSHIP GIVING RISE TO THE CONFLICT AND DISCLOSE ALL RELEVANT FACTS PRIOR TO PARTICIPATING IN ANY DECISION TO ENTER INTO PROPOSED TRANSACTION OR ARRANGEMENT OR, IF LATER, AS SOON AS THE ACTUAL OR POTENTIAL CONFLICT IS RECOGNIZED. IN ADDITION, AT LEAST ONCE ANNUALLY, TRUSTEES AND OTHER INDIVIDUALS SUBJECT TO THIS POLICY WILL BE ASKED TO DISCLOSE IN WRITING ANY RELATIONSHIPS OR INTEREST THAT COULD GIVE RISE TO A CONFLICT PROCEDURE. UPON IDENTIFICATION OF A CONFLICT OF INTEREST CONSISTENT WITH THEIR FIDUCIARY OBLIGATIONS UNDER ERISA, THE TRUSTEES MAY PROCEED WITH OR CONTINUE A TRANSACTION DESPITE THE EXISTENCE OF AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST INVOLVING ONE OR MORE TRUSTEES OR OTHER FIDUCIARIES SUBJECT TO THIS POLICY IF ALL OF THE FOLLOWING ARE OBSERVED: A) THE CONFLICTING INTEREST IS FULLY DISCLOSED AND DOCUMENTED IN WRITING, B) THE TRUSTEES OR OTHER FIDUCIARY WITH THE CONFLICT OF INTERST IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTION AND DOES NOT ATTEMPT TO INFLUENCE THE DECISION IN ANY WAY, AND THE BOARD DETERMINES THAT THE TRANSACTION IS IN THE BEST INTEREST OF THE TRUST, THE TERMS OF THE TRANSACTION ARE FAIR WITH RESPECT TO TERMS AVAILABLE THROUGH ARMS-LENGTH TRANSACTIONS IN THE MARKETPLACE AND THE TRANSACTION DOES NOT CONSTITUTE A NON-EXEMPT PROHIBITED TRANSACTION UNDER ERISA. |
| FORM 990, PART VI, LINE 15A | DETERMINATION OF EXECUTIVE COMPENSATION: THE COMPENSATION COMMITTEE REVIEWS AND APPROVES EXECUTIVE COMPENSATION BASED UPON UPON COMPARABLE ANALYSIS OF SIMILAR POSITION IN SIMILAR ORGANIZATIONS. THE DELIBERATIONS AND DECISIONS ARE OUTLINED IN THE EXECUTIVE CONTRACTS THE PROCESS WAS LAST COMPLETED IN 2014. |
| FORM 990, PART VI, LINE 15B | DETERMINATION OF COMPENSATION FOR OTHER OFFICERS & KEY EMPLOYEES: COMPARABLE DATA IS GATHERED AND ANALYZED, A SALARY STRUCTURE WITH BANDS AND JOB TITLES IS PREPARED, AND THE CHIEF EXECUTIVE OFFICER DETERMINES INDIVIDUAL SALARY INCREASES. REVIEW AND APPROVAL OF THE PROCESS FOR COMPENSATION IS DOCUMENTED IN THE MINUTES. THE PROCESS WAS LAST COMPLETED IN 2015. |
| FORM 990, PART VI, LINE 19 | AVAILABILITY OF DOCUMENTS: GOVERNING DOCUMENTS ARE AVAILABLE ON THE WEBSITE WGAPLANS.ORG. FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS NOT MADE PUBLIC. |
| FORM 990, PART XI, LINE 9 | OTHER CHANGES IN NET ASSETS: MANAGEMENT DETERMINED THAT THERE WERE ERRORS IN THE COMPUTATION OF REBATES RECEIVEABLE UNDERSTATED BY $2,094,114 AND DEFERRED PARTICIPANTS CONTRIBUTIONS OVERSTATED BY $1,367,436 FOR THE YEAR ENDED DECEMBER 31, 2014. AS A RESULT OF THE RESTATEMENTS, NET ASSETS AVAILABLE FOR BENEFITS HAS BEEN INCREASED BY $3,461,551. |
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