2024-11-15T13:58:40-06:00 2023-12-31 300510353 MACNELL ACCOUNTING & CONSULTING 1153 SOUTH LEE ST UNIT 137 DES PLAINES IL 60016 990 2023-07-01 946277871 SACRAMENTO INDEPENDENT HOTEL RESTAURANT & TAVERN EMPLOYEES WELFARE TRUST SACR 6302365100 711 NORTH COMMONS DRIVE AURORA IL 60504 TY HUDSON CEO 6302365100 2024-11-15 1 1 THOMAS J CAPLICE P00058427 8476753100 2024-11-15 2023 2024-10-15 13:58:12Z X MATTHEW WALKER 711 NORTH COMMONS DRIVE AURORA IL 60504 8739875 0 X N/A X 1966 CA SEE SCHEDULE O FOR ORGANIZATION'S MISSION STATEMENT. X 8 7 0 0 0 0 0 0 4671119 1005216 365371 -461163 15788 3935 5052278 547988 0 0 4663791 411424 0 0 0 0 0 570339 376702 5234130 788126 -181852 -240138 11185841 0 1339058 0 9846783 0 X TO PROVIDE HEALTH AND WELFARE BENEFITS FOR ELIGIBLE PARTICIPANTS COVERED BY THE COLLECTIVE BARGAINING AGREEMENTS BETWEEN THE UNION AND EMPLOYERS OR EMPLOYER ASSOCIATIONS SIGNATORY TO THE AGREEMENTS. 0 1 EMPLOYER CONTRIBUTIONS PROVIDE HEALTH AND WELFARE BENEFITS AND DISABILITY BENEFITS FOR PARTICIPANTS OF THE PLAN. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 1 74 0 1 0 0 0 0 0 0 0 0 0 X 8 7 0 1 1 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 CA X STEVEN CRUMMY 9253987060 7180 KOLL CENTER PKWY STE 200 PLEASANTON CA 94566 X REGINA LONGO TRUSTEE 1.00 0.00 X 0 0 0 AAMIR DEEN TRUSTEE 1.00 0.00 X 0 0 0 ALEJANDRO RAYBURN TRUSTEE 1.00 0.00 X 0 0 0 JEROEN GERRESE TRUSTEE 1.00 0.00 X 0 0 0 MARTA RODRIGUEZ TRUSTEE 1.00 0.00 X 0 0 0 SANDRA PARKER TRUSTEE 1.00 0.00 X 0 0 0 TY HUDSON TRUSTEE 1.00 0.00 X 0 0 0 BOBBY WALIA TRUSTEE 1.00 0.00 X 0 0 0 0 0 0 0 0 0 0 BENESYS INC 7180 KOLL CENTER PARKWAY STE 200 PLEASANTON CA 94566 ADMINISTRATOR 154653 1 EMPLOYER CONTRIBUTIONS 900099 973324 973324 PARTICIPANT CONTRIBUTIONS 900099 31892 31892 1005216 185916 185916 7544808 8191887 -647079 -647079 -647079 LIQUIDATED DAMAGES 900099 3935 3935 3935 547988 1009151 0 -461163 411424 155394 9740 36248 68788 9629 2520 53400 PAYROLL COMPLIANCE FEES 39588 PCORI FEE AND DOMESTIC 1272 MISCELLANEOUS FEES 123 788126 2831146 0 0 0 509903 0 0 0 0 0 3548 0 0 7841244 0 0 0 0 0 11185841 0 41182 1297876 0 1339058 0 X 0 0 0 0 9846783 0 9846783 0 11185841 0 X -240138 732587 -10339232 X X 0 1 X 1 0 0 0 X 1280575 732587 732587 547988 0 547988 2086002 1297876 1297876 788126 0 788126 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. PLAN MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2023, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFIT OBLIGATIONS AT DECEMBER 31, 2023 NET ASSETS TRANSFERRED THROUGH MERGER WITH UNITE HERE HEALTH 2023-12-31 3181009 NET ASSETS AVAILABLE FOR BENEFITS 237385560 UNITE HERE HEALTH 711 NORTH COMMONS DRIVE AURORA IL 60504 501(C)(9) RESERVES REQUIRED TRHOUGH MERGER WITH UNITE HERE HEALTH 2023-12-31 7158223 NET ASSETS AVAILABLE FOR BENEFITS 237385560 UNITE HERE HEALTH 711 NORTH COMMONS DRIVE AURORA IL 60504 501(C)(9) 0 0 0 0 0 0 0 0 0 FORM 990, PAGE 1, PART I, LINE 1 TO PROVIDE HEALTH AND WELFARE BENEFITS FOR ELIGIBLE PARTICIPANTS COVERED BY THE COLLECTIVE BARGAINING AGREEMENTS BETWEEN THE UNION AND EMPLOYERS OR EMPLOYER ASSOCIATIONS SIGNATORY TO THE AGREEMENTS. FORM 990, PART III, LINE 3 THE TRUSTEES OF THE PLAN HAVE APPROVED A MERGER OF THE PLAN WITH UNITE HERE HEALTH AS OF DECEMBER 31, 2023 AFTER DETERMINING THAT A MERGER WOULD BE IN THE BEST INTEREST OF THE PLAN'S PARTICIPANTS AND BENEFICIARIES FOR REASONS INCLUDING, BUT NOT LIMITED TO, ECONOMIES OF SCALE IN THE ADMINISTRATION AND OPERATION OF THE MERGED PLAN, THE CREATION OF A LARGER AND MORE STABLE PARTICIPANT BASE WITH IMPROVED FUNDING OVERALL AND REDUCED FUNDING VOLATILITY, IMPROVED PROSPECTS FOR FUTURE GROWTH, GREATER MARKET POWER IN NEGOTIATING FAVORABLE ARRANGEMENTS WITH SERVICE PROVIDERS, AND IMPROVED PORTABILITY OF BENEFITS FOR ITS PARTICIPANTS. FORM 990, PART VI, SECTION A, LINE 3 THE PLAN HAS DELEGATED CONTROL OVER MANAGEMENT DUTIES CUSTOMARILY PERFORMED BY OR UNDER THE DIRECT SUPERVISION OF OFFICERS, DIRECTORS, TRUSTEES, OR KEY EMPLOYEES TO A CONTRACT ADMINISTRATOR. FORM 990, PART VI, SECTION A, LINE 4 THE TRUSTEES OF THE PLAN HAVE APPROVED A MERGER OF THE PLAN WITH UNITE HERE HEALTH AS OF DECEMBER 31, 2023 AFTER DETERMINING THAT A MERGER WOULD BE IN THE BEST INTEREST OF THE PLAN'S PARTICIPANTS AND BENEFICIARIES FOR REASONS INCLUDING, BUT NOT LIMITED TO, ECONOMIES OF SCALE IN THE ADMINISTRATION AND OPERATION OF THE MERGED PLAN, THE CREATION OF A LARGER AND MORE STABLE PARTICIPANT BASE WITH IMPROVED FUNDING OVERALL AND REDUCED FUNDING VOLATILITY, IMPROVED PROSPECTS FOR FUTURE GROWTH, GREATER MARKET POWER IN NEGOTIATING FAVORABLE ARRANGEMENTS WITH SERVICE PROVIDERS, AND IMPROVED PORTABILITY OF BENEFITS FOR ITS PARTICIPANTS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY MACNELL ACCOUNTING & CONSULTING, LLP AND REVIEWED BY INTERNAL PERSONNEL OF THE MERGING ORGANIZATION, UNITE HERE HEALTH, AND REVIEWED BY OUTSIDE FUND COUNCIL OF THE MERGING ORGANIZATION, SEYFARTH SHAW LLP, ON NOVEMBER 13, 2024. THE TRUSTEES OF THE MERGING ORGANIZATION, UNITE HERE HEALTH, WERE THEN PROVIDED A COPY OF THE FORM 990 AND THEIR REVIEW WAS COMPLETED BEFORE THE FORM 990 WAS FILED. FORM 990, PART VI, SECTION C, LINE 19 THE PLAN MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC REGINA LONGO - 3800 WATT AVENUE, STE 210, SACRAMENTO, CA 95821. AAMIR DEEN - 3800 WATT AVENUE, STE 210, SACRAMENTO, CA 95821. ALEJANDRO RAYBURN - 3800 WATT AVENUE, STE 210, SACRAMENTO, CA 95821. JEROEN GERRESE - 1230 J STREET, SACRAMENTO, CA 95814. MARTA RODRIGUEZ - 1230 J STREET, SACRAMENTO, CA 95814. SANDRA PARKER - 604 HEATHER BROOK CIRCLE, PRESCOTT, AZ 86303. TY HUDSON - 1025 3RD STREET, OAKLAND, CA 94607. BOBBY WALIA - 10400 FERNWOOD ROAD, BETHESDA, MA 20817. FORM 990, PART XI, LINE 9: RESERVE REQUIRED IN MERGER -7,158,223. NET ASSETS TRANSFERRED IN MERGER -3,181,009. PART XII, LINE 2C THE BOARD OF TRUSTEES ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE PLAN'S FINANCIAL STATEMENTS AND FOR SELECTION OF THE INDEPENDENT AUDITOR. SACRAMENTO INDEPENDENT HOTEL RESTAURANT PENSION 7180 KOLL CENTER PARKWAY STE 200 PLEASANTON CA 94566 946333497 PENSION CA 401 (A) N/A 0 UNITE HERE LOCAL 49 3800 WATT AVE SUITE 210 SACRAMENTO CA 95821 942254628 LABOR ORGANIZATION CA 501(C)(5) N/A 0 PARADIES 2849 PACES FERRY ROAD SUITE 400 ATLANTA GA 30339 CONTRIBUTING EMPLOYER GA N/A 0 0 CITIZEN HOTEL 926 J STREET SACRAMENTO CA 95814 CONTRIBUTING EMPLOYER CA N/A C 0 HOLIDAY INN - CAPITOL PLAZA 300 JAY STREET SACRAMENTO CA 95814 CONTRIBUTING EMPLOYER CA N/A C 0 HOST INTERNATIONAL RESTAURANT 6850 AIRPORT BLVD 28 SACRAMENTO CA 958371126 CONTRIBUTING EMPLOYER CA N/A C 0 LEGENDS 500 DAVID J STERN WALK SUITE 1C3210 SACRAMENTO CA 95814 CONTRIBUTING EMPLOYER CA N/A C 0 OPERATING ENGINEERS 14738 CANTOVA WAY SLOUGHHOUSE CA 95683 CONTRIBUTING EMPLOYER CA N/A C 0 RANCH COFFEE SHOP 1872 E MARIPOSA ROAD STOCKTON CA 952057733 CONTRIBUTING EMPLOYER CA N/A C 0 SACRAMENTO AUTOTRUCK PLAZA 2828 EL CENTRO ROAD SACRAMENTO CA 958339703 CONTRIBUTING EMPLOYER CA N/A C 0 SACRAMENTO HILTON ARDEN WEST 2200 HARVARD STREET SACRAMENTO CA 95815 CONTRIBUTING EMPLOYER CA N/A C 0 SACTO COMM CONV CNTR 1401 K STREET SACRAMENTO CA 95814 CONTRIBUTING EMPLOYER CA N/A C 0 SHERATON GRAND SACRAMENTO 1230 J STREET SACRAMENTO CA 95814 CONTRIBUTING EMPLOYER CA N/A C 0 SODEXO - BRUCEVILLE PO BOX 352 BUFFALO NY 14240 CONTRIBUTING EMPLOYER NY N/A C 0 SODEXO - MORSE PO BOX 352 BUFFALO NY 14240 CONTRIBUTING EMPLOYER NY N/A C 0 SSP AMERICA 20408 BASHON DR SUITE 300 ASHBURN VA 20147 CONTRIBUTING EMPLOYER VA N/A C 0 OVATIONS FOOD SERVICES 1600 EXPOSITION BLVD SACRAMENTO CA 95815 CONTRIBUTING EMPLOYER CA N/A C 0 RANCHO MURIETA COUNTRY CLUB 7000 ALAMEDA DR RANCHO MURIETA CA 95683 CONTRIBUTING EMPLOYER CA N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1