2022-03-08T09:40:20-06:00 2021-05-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2020-06-01 221594458 MID-JERSEY TRUCKING INDUSTRY AND TEAMSTERS LOCAL 701 WELFARE FUND MID- 7322973900 2003 US ROUTE 130 NO A NORTH BRUNSWICK NJ 08902 RONALD LAKE TRUSTEE 7322973900 2022-03-08 1 RONALD LAKE 999009999 RAYMOND HARGADON P01780635 9082727000 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z RONALD LAKE 2003 US ROUTE 130 NO A NORTH BRUNSWICK NJ 08902 12452419 0 X N/A X 1956 NJ TO PROVIDE HEALTH AND WELFARE BENEFITS FOR PARTICIPANTS 8 0 7 0 0 0 0 0 7463999 7848206 319466 506715 30761 221014 7814226 8575935 0 0 7018260 7463716 299215 335862 0 0 0 295205 237188 7612680 8036766 201546 539169 9593498 11595361 199732 315330 9393766 11280031 TO PROVIDE HEALTH AND WELFARE BENEFITS FOR PARTICIPANTS 0 0 PROVIDED HEALTH AND WELFARE BENEFITS TO PARTICIPANTS AND THEIR ELIGIBLE DEPENDENTS 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 1 0 0 1 50 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 0 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X BOARD OF TRUSTEES 7322973900 2003 US ROUTE 130 NORTH BRUNSWICK NJ 08902 ERNEST SOEHL TRUSTEE 1.00 X 0 121938 67723 RONALD LAKE TRUSTEE 1.00 X 0 117072 72035 ROCCO MORONGELLO TRUSTEE 1.00 X 9622 11804 0 ANTHONY SIDOTI TRUSTEE 1.00 X 11043 0 0 ROBERT WEISER TRUSTEE 1.00 X 0 0 0 RAYMOND MILMOE TRUSTEE 1.00 X 0 110305 64734 LAMAR BEINHOWER TRUSTEE 1.00 X 0 0 0 WOJCIECH SZYSZKO TRUSTEE 1.00 X 0 0 0 GIANCARLO PREZIOSO FUND MANAGER 40.00 X 61245 165506 46723 81910 526625 251215 0 0 1 0 AETNA LIFE INSURANCE CO 151 FARMINGTON AVE HARTFORD CT 06156 CLAIMS PROCESSING 153505 1 EMPLOYERS' CONTRIBUTIONS 525100 6901266 6901266 STOP LOSS REIMBURSEMENT 525100 896391 896391 COBRA CONTRIBUTIONS 525100 39749 39749 RETIREES' CONTRIBUTIONS 525100 10800 10800 7848206 281773 281773 4101426 3876484 224942 224942 224942 FORGIVENESS OF PPP LOAN 900099 149835 149835 OTHER INCOME 525100 71179 71179 221014 8575935 8069220 0 506715 7463716 81910 141893 42798 53819 15442 82233 20040 14253 40700 1508 16304 30410 1500 14009 OTHER ADMINISTRATIVE 5845 EQUIPMENT MAINTENANCE A 5237 POSTAGE 3871 TELEPHONE 1278 8036766 720039 1147813 2843 697 973010 572327 14907 17696 363635 361662 3473 1973 7666647 9669968 212579 184887 9593498 11595361 49897 315330 149835 0 199732 315330 X 0 0 0 0 9393766 11280031 9393766 11280031 9593498 11595361 539169 1347096 0 X 0 1 X 0 0 363635 361662 1973 1973 X 9908778 1347096 1347096 8561682 14253 14253 8575935 8022513 0 8022513 14253 14253 8036766 PART X, LINE 2: THE PLAN'S TRUSTEES AND LEGAL COUNSEL BELIEVE THAT THE PLAN IS DESIGNED AND IS CURRENTLY BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE SERVICE CODE ("IRC"). 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 PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF MAY 31, 2021, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANICAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. 0 0 0 GIANCARLO PREZIOSO FUND MANAGER 61245 165506 0 0 0 0 5578 15118 7016 19011 73839 199635 0 0 ERNEST SOEHL TRUSTEE 0 119966 0 0 0 1972 0 48464 0 19259 0 189661 0 0 RONALD LAKE TRUSTEE 0 114513 0 0 0 2559 0 49566 0 22469 0 189107 0 0 RAYMOND MILMOE TRUSTEE 0 109060 0 0 0 1245 0 45475 0 19259 0 175039 0 0 NILSA LAKE FAMILY MEMBER OF R. LAKE 111257 0 FORM 990, PART VI, SECTION A, LINE 2 UNION TRUSTEES ERNEST SOEHL, RONALD LAKE, AND RAYMOND MILMOE ARE OFFICERS OF TEAMSTERS LOCAL UNION NO. 701. FORM 990, PART VI, SECTION A, LINE 7A EMPLOYEE TRUSTEES ARE APPOINTED BY THE EXECUTIVE BOARD OF LOCAL UNION NO. 701. TWO EMPLOYER TRUSTEES SHALL BE APPOINTED BY THE APPLICABLE EMPLOYER APPOINTING AUTHORITIES (TOGETHER THE "DESIGNATED EMPLOYER TRUSTEES"). IN THE EVENT THAT A VACANCY ARISES AMONG EMPLOYER TRUSTEES, A REPLACEMENT DESIGNATED EMPLOYER TRUSTEE SHALL BE APPOINTED BY THE ORIGINAL APPOINTING AUTHORITY. THE THREE OTHER EMPLOYER TRUSTEES (NON-DESIGNATED EMPLOYER TRUSTEES") SHALL HAVE THE POWER TO DESIGNATE REPLACEMENT NON-DESIGNATED TRUSTEES TO FILL ANY VACANCY AMONG THE THREE NON-DESIGNATED EMPLOYER TRUSTEE POSITIONS. IN THE EVENT THAT TWO OF THE NON-DESIGNATED EMPLOYER TRUSTEES CANNOT AGREE UPON THE CHOICE TO FILL A VACANT EXISTING NON-DESIGNATED EMPLOYER TRUSTEE POSITION, THE MATTER WILL PROCEED TO ARBITRATION. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO ITS FILING, THE FORM 990 WAS PROVIDED TO THE FUND'S BOARD OF TRUSTEES FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THIS ORGANIZATION IS AN EMPLOYEE BENEFIT PLAN COVERED BY THE EMPLOYEE RETIREMENT INCOME SECURITY ACT. THE TRUSTEES HAVE A STATUTORY DUTY UNDER ERISA TO AVOID CONFLICTS AND TO REPORT THEM WHEN THEY OCCUR. IN ADDITION, THE FUND EXPECTS EMPLOYEES TO FULLY AND PROMPTLY DISCLOSE ANY FINANCIAL OR PERSONAL INTERESTS THAT THEY HAVE WITH OTHER PARTIES THAT DEAL WITH THE FUND. EACH SUCH PERSON SUBJECT TO A POTENTIAL CONFLICT OF INTEREST SHOULD PROMPTLY ADVISE THE BOARD OF TRUSTEES IN WRITING. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE TOP MANAGEMENT OFFICIAL IS REVIEWED AND APPROVED ANNUALLY BY THE BOARD OF TRUSTEES. THE FUND DOES NOT HAVE A CEO OR EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE FUND'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC IN ACCORDANCE WITH THE REQUIREMENTS OF ERISA AND OTHER GOVERNING LAWS. TEAMSTERS LOCAL UNION NO 701 2003 US ROUTE 130 NORTH BRUNSWICK NJ 08902 221533203 LABOR ORGANIZATION VEBA EMPLOYER NJ 501(C)(5) N/A N/A 0 MID-JERSEY TRUCKING LOCAL 701 PENSION FUND 2003 US ROUTE 130 NORTH BRUNSWICK NJ 08902 136043977 PENSION FUND NJ 501(A) N/A N/A 0 SOUTHERN WINE & SPIRITS OF PA LP 1600 NW 163RD STREET MIAMI FL 33169 232811446 VEBA CONTRIBUTING EMPLOYER PA N/A N/A 0 0 BIMBO BAKERIES USA INC PO BOX 976 HORSHAM PA 19044 752491201 VEBA CONTRIBUTING EMPLOYER PA N/A C 0 YRC FREIGHT INC 10990 ROE AVENUE OVERLAND PARK KS 66211 340492670 VEBA CONTRIBUTING EMPLOYER DE N/A C 0 DORZAR CORP 50 AVENUE L NEWARK NJ 07105 223020160 VEBA CONTRIBUTING EMPLOYER NJ N/A C 0 INDUSTRIAL WELDING SUPPLY INC 4 VAL STREET SAYREVILLE NJ 08872 221614170 VEBA CONTRIBUTING EMPLOYER NJ N/A S 0 BUNZL DISTRIBUTION NORTHEAST LLC 1 CITY PLACE DRIVE ST LOUIS MO 63141 111949280 VEBA CONTRIBUTING EMPLOYER MO N/A C 0 HM ROYAL INC 689 PENNINGTON AVE TRENTON NJ 08618 210552275 VEBA CONTRIBUTING EMPLOYER NJ N/A S 0 ACETYLENE SUPPLY CO 475 ROUTE 9 SOUTH WOODBRIDGE NJ 07095 221440594 VEBA CONTRIBUTING EMPLOYER NJ N/A S 0 SWSNJ WAREHOUSING INC 1600 NW 163RD STREET MIAMI FL 33169 202313553 VEBA CONTRIBUTING EMPLOYER NJ N/A S 0 ABC SUPPLY CO INC 1 ABC PARKWAY BELOIT WI 53511 391413708 VEBA CONTRIBUTING EMPLOYER DE N/A C 0 WR GRACE & COMPANY 7500 GRACE DRIVE COLUMBIA MD 21044 135114230 VEBA CONTRIBUTING EMPLOYER MD N/A C 0 ABF FREIGHT SYSTEMS INC 3801 OLD GREENWOOD ROAD FORT SMITH AR 72903 710249444 VEBA CONTRIBUTING EMPLOYER AR N/A C 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 MID-JERSEY TRUCKING LOCAL 701 PENSION FUND K 30410 MARKET RENT MID-JERSEY TRUCKING LOCAL 701 PENSION FUND O 203320 COST ALLOCATION MID-JERSEY TRUCKING LOCAL 701 PENSION FUND P 27740 COST ALLOCATION