| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PROVIDED TO THE ENTIRE BOARD OF TRUSTEES AND ADMINISTRATOR PRIOR TO FILING. AFTER THE BOARDS REVIEW AND APPROVAL, THE FORM IS SIGNED AND FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD OF TRUSTEES AND THE FUND ADMINISTRATOR SHALL REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THIS POLICY TAKING ALL STEPS THEY DEEM NECESSARY TO ENSURE SUCH MONITORING AND ENFORCEMENT. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, WHISTLEBLOWER POLICY, DOCUMENT RETENTION AND DESTRUCTION POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE FUND OFFICE. |
| FORM 990, PART VII, SECTION A / FORM 990, PART IX, LINE 7,8,9,10. | THE FUND SHARES EMPLOYEES OF THE LOCAL 4 SEIU HEALTH & WELFARE FUND, AN UNRELATED ENTITY, FOR ADMINISTRATION OF ITS HEALTH PLAN, PURSUANT TO A SHARED ADMINISTRATION AGREEMENT. THE LOCAL 4 SEIU HEALTH & WELFARE FUND COMPENSATES THESE EMPLOYEES. THIS FUND DOES NOT DIRECTLY COMPENSATE ANY EMPLOYEES. INSTEAD, THIS FUND REIMBURSES THE LOCAL 4 SEIU HEALTH & WELFARE FUND FOR SHARED ADMINISTRATIVE EXPENSES, WHICH ARE ESTIMATED USING A COST ALLOCATION STUDY APPROVED BY THE TRUSTEES. ANY REIMBURSEMENT FOR COMPENSATION-RELATED EXPENSES ARE REPORTED IN PART IX, LINES 7-10. |
| FORM 990, PART VI, SECTION B, LINE 15 / FORM 990, SCHDL J, PART I, LINE 3 | PREVIOUSLY, THE FUND ADMINISTRATOR ENTERED INTO AN EMPLOYMENT AGREEMENT WITH THE LOCAL 4 SEIU HEALTH AND WELFARE FUND THAT HAS EXTENDED INTO THE CURRENT FILING PERIOD. THE COMPENSATION APPROVED BY THAT FUND'S BOARD OF TRUSTEES WAS BASED, IN PART, ON AN ANNUAL SURVEY OF THE CHICAGO AREA ADMINISTRATORS GROUP THAT ANALYZED THE COMPENSATION LEVELS OF FUND ADMINISTRATORS WITHIN THE GEOGRAPHIC AREA, ADJUSTED FOR THE SIZE OF THE FUND, AND THE COMPENSATION OF THE PARTICIPANTS. |
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