2016-08-12T19:46:53-05:00 2015-09-30 990155373 LEMKE CHINEN & TANAKA CPA INC 210 WARD AVENUE SUITE 336 HONOLULU HI 968144012 990 2014-10-01 990104618 HAWAII ELECTRICIANS HEALTH AND WELFARE FUND HAWA 8088416169 1935 HAU STREET NO RM 300 HONOLULU HI 96819 TRACY HAYASHI JODY HANAMOTO UNION TRUSTEE/EMPLOYER TRUSTEE 8088416169 2016-08-03 1 TERRY TAKAKI P00036112 8085336254 2014 2016-09-27 15:27:22Z TRACY HAYASHI JODY HANA 1935 HAU STREET NO RM 300 HONOLULU HI 96819 174114536 0 X N/A X 1962 HI TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS ACCORDING TO PLAN RULES AND REGULATIONS. 6 6 0 0 0 0 0 0 20541316 22491217 2771126 2240019 611590 197905 23924032 24929141 0 0 15766625 17762093 0 0 0 0 0 1507990 2111224 17274615 19873317 6649417 5055824 87731114 91502617 181086 2544102 87550028 88958515 TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS ACCORDING TO PLAN RULES AND REGULATIONS. 0 0 16344041 TO PROVIDE SELF INSURED BENEFITS TO ELIGIBLE PARTICIPANTS. MEDICAL $10,848,424; DRUG $2,854,324; DENTAL $2,353,928; VISION $287,365. 1418052 TO PROVIDE GROUP INSURANCE BENEFITS TO ELIGIBLE PARTICIPANTS BY PAYING MONTHLY INSURANCE PREMIUMS TO INSURANCE CARRIERS. HMSA $742,980; PACIFIC GUARDIAN LIFE $641,831; ULLICO $33,241 707809 TO PAY FOR ADMINISTRATIVE FEES ASSOCIATED WITH SELF-INSURED CLAIMS PROCESSING. MEDICAL $483,766; DENTAL $140,101; DRUG $52,768; VISION $31,174 18469902 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 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 6 0 1 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 0 0 0 X HI ELECTRICIANS ADMINISTRATIVE OFFICE 8088416169 1935 HAU STREET ROOM 300 HONOLULU HI 96819 X X DAMIEN KIM UNION TRUSTEE 0.50 X 0 0 0 PETER AKAMU UNION TRUSTEE 0.50 X 0 0 0 TRACY HAYASHI UNION TRUSTEE 0.50 X 0 0 0 BRIAN LEE UNION TRUSTEE (ALT) 0.50 X 0 0 0 RODNEY CHUN EMPLOYER TRUSTEE 0.50 X 0 0 0 JODY HANAMOTO EMPLOYER TRUSTEE 0.50 X 0 0 0 AL ITAMOTO EMPLOYER TRUSTEE (ALT) 0.50 X 0 0 0 RONALD KB YEE EMPLOYER TRUSTEE 0.50 X 0 0 0 0 0 0 0 0 0 0 HWMG 737 BISHOP STREET SUITE 1200 HONOLULU HI 96813 MEDICAL CLAIMS ADMINISTRATOR 483766 HAWAII DENTAL SERVICE 700 BISHOP STREET SUITE 700 HONOLULU HI 96813 DENTAL CLAIMS ADMINISTRATOR 140101 2 EMPLOYER CONTRIB 900099 21388271 21388271 RETIREES CONTRIB 900099 886160 886160 SELF PAY CONTRIB 900099 175843 175843 LIQUIDATED DAMAGES 900099 40943 40943 22491217 2303210 2303210 149122204 149185395 -63191 -63191 -63191 OTHER INCOME 900099 197905 197905 197905 24929141 22625931 0 2303210 17762093 707809 27965 47934 253637 87656 23159 78353 11749 1062 8512 TRANSITIONAL REINSURANC 420561 HI ELECTRICIANS ADMIN O 418296 OTHER 12183 BANK FEES 7448 4900 19873317 27996 56337 3993295 5741546 3804822 4341216 2703 1176 205976 204997 2041 979 55823423 56840745 24045261 24520618 31573 0 87731114 91502617 61086 241303 120000 2302799 181086 2544102 X 87550028 88958515 0 0 0 0 87550028 88958515 87731114 91502617 5055824 -3647337 0 X X 0 1 X 1 0 205976 204997 979 979 FORT WASHINGTON HIGH YIELD INVESTORS II, LLC 4232125 F STRUCTURED NOTES 20288493 F 24520618 WAIVER OF PREMIUM RESERVE 120000 SECURITIES PURCHASED PAYABLE 2182799 2302799 X 21028167 -3647337 -3647337 24675504 253637 253637 24929141 19619680 0 19619680 253637 253637 19873317 PART X, LINE 2: THE AUDITED FINANCIAL STATEMENTS CONTAIN THE FOLLOWING DISCLOSURE PERTAINING TO FIN 48 (ASC 740): "THE TRUST FUNDING CERTAIN BENEFITS OF THE PLAN RECEIVED AN EXEMPTION LETTER FROM THE IRS DATED AUGUST 3, 1992, STATING THAT THE TRUST IS TAX-EXEMPT UNDER THE PROVISIONS OF SECTION 501(C)(9) OF THE IRC. HOWEVER, AS A RESULT OF THE PLAN'S FUNDING POLICY, FROM TIME TO TIME THE TRUST MAY BE SUBJECT TO INCOME TAXES. NO FEDERAL OR STATE INCOME TAXES HAVE BEEN RECORDED IN 2015 FOR UNRELATED BUSINESS TAXABLE INCOME. IN ADDITION, THE PLAN AND THE TRUST ARE REQUIRED TO OPERATE IN CONFORMITY WITH THE IRC TO MAINTAIN THE TAX-EXEMPT STATUS OF THE TRUST. THE PLAN ADMINISTRATOR BELIEVES THAT THE PLAN IS CURRENTLY DESIGNED AND BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC AND, THEREFORE, BELIEVES THAT THE RELATED TRUST IS TAX-EXEMPT. 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 IT HAS TAKEN AN UNCERTAIN POSITION THAT MORE THAN LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE PLAN ADMINISTRATOR BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR PLAN YEARS PRIOR TO 2012." FORM 990, PART VI, SECTION B, LINE 11 ALL DOCUMENTS ARE REVIEWED BY ONE LABOR TRUSTEE AND ONE MANAGEMENT TRUSTEE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS DISCUSSED WITH THE BOARD OF TRUSTEES FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART VII RODNEY CHUN - 315 SAND ISLAND ACCESS ROAD, HONOLULU, HI 96819. JODY HANAMOTO - 1320 KALANI STREET, #306, HONOLULU, HI 96817. AL ITAMOTO - 1286 KALANI STREET, SUITE B-203, HONOLULU, HI 96817. RONALD K.B. YEE - 1021 KIKOWAENA PLACE, UNIT #2, HONOLULU, HI 96819. FORM 990, PART VII, SECTION A THE ORGANIZATION WAS UNABLE TO OBTAIN OR ESTIMATE AND REPORT THE COMPENSATION FROM INDIVIDUALS OF RELATED ORGANIZATION(S) AFTER MAKING A REASONABLE EFFORT TO SECURE SUCH INFORMATION. FORM 990, PART XII, LINE 2C NO CHANGE IN THE REVIEW PROCESS FROM PRIOR YEAR. BOARD OF TRUSTEES SELECTS AND INDEPENDENT AUDITOR. ADMINISTRATOR AND BOARD OF TRUSTEES FORMALLY REVIEW AND APPROVE THE FINANCIAL STATEMENTS. HAWAII ELECTRICIANS ANNUITY PLAN 1935 HAU STREET HONOLULU HI 96819 996020486 PROVIDING ANNUITY BENEFITS TO ELIGIBLE PARTICIPANTS HI 401(A) N/A 0 PECA-IBEW WORKER'S COMPENSATION FUND 1935 HAU STREET HONOLULU HI 96819 959013314 PROVIDING WORKERS COMPENSATION BENEFITS TO ELIGIBLE PARTICIPANTS HI 501(C)(9) N/A 0 HAWAII ELECTRICIANS PENSION PLAN 1935 HAU STREET HONOLULU HI 96819 996005391 PROVIDING PENSION BENEFITS TO ELIGIBLE PARTICIPANTS HI 401(A) N/A 0 HAWAII ELECTRICIANS VACATION & HOLIDAY PLAN 1935 HAU STREET HONOLULU HI 96819 996015951 PROVIDING VACATION AND HOLIDAY BENEFITS TO ELIGIBLE PARTICIPANTS HI 501(C)(9) N/A 0 HAWAII ELECTRICIANS PREPAID LEGAL PLAN 1935 HAU STREET HONOLULU HI 96819 990163849 PROVIDING LEGAL BENEFITS TO ELIGIBLE PARTICIPANTS HI 501(C)(9) N/A 0 SEE SCHEDULE R ATTACHMENT SEE SCHEDULE R ATTACHMENT SEE SCHEDULE R ATTACHMENT 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 HAWAII ELECTRICIANS ADMINISTRATIVE OFFICE P 418296 PERCENTAGE ALLOCATION HAWAII ELECTRICIANS PENSION PLAN K 78353 SQ. FT. & PERCENTAGEALLOCATION FORM 990, SCHEDULE R, PARTS II, III, IV THE FILING ORGANIZATION IS A TAFT-HARTLEY MULTIEMPLOYER PLAN THAT PROVIDES HEALTH & WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS IN ACCORDANCE W/ THE TERMS SET FORTH IN TRUST AGREEM'TS, RULES & REGS., OF THE PLAN & CBA. THE ADMINISTRATIVE OFFICE MAINTAINS A DATABASE OF THESE CONTRIBUTING EMPLOYERS INCLUDING THE NAMES, ADDRESSES, AND OTHER CONTACT INFORMATION. HOWEVER, THE LEGAL STRUCTURE (CORPORATION, PARTNERSHIP, ETC) FOR EACH CONTRIBUTING EMPLOYER IS NOT ON FILE WITH THE ADMINISTRATIVE OFFICE AND COULD NOT BE REASONABLY OBTAINED. AS A RESULT, THE CONTRIBUTING EMPLOYERS COULD NOT BE SEPARATED BY TYPE OF ORGANIZATION. HOWEVER THEY ARE LISTED BELOW: K H ELECTRIC, INC A-1-A-LECTRICIAN INC A3 ELECTRIC LLC A A ELECTRIC, LTD A.G. ELECTRICAL SERVICES, INC ALII WIRING, INC AMPCO, INC AMERICAN ELECTRIC CO,LLC AMERICAN PIPING & BOILER CO AOKI ELECTRIC, LLC ARAKAKI ELECTRIC INC BIVEN'S ELECTRIC, INC. VERIZON FEDERAL, INC. BOWMAN ELECTRIC SHOP, LTD CIRCUIT BUILDERS INC C & C ELECTRICAL CONTRACTOR, INC CSI ELECTRIC, INC. CACHE VALLEY ELECTRIC CO. CONTROL TECH, LLC MUTUAL ELECTRIC INC CRITCHFIELD PACIFIC, INC. EMK ELECTRIC, LLC ELECTRICAL CONTR. HAWAII, INC. ENDO JACK ELECTRIC INC ELECTR CONTROL INNOVATIONS, INC FAIRWAY ELECTRIC CO, LLC FORCE ELECTRIC, INC. GRANTCO PACIFIC, INC. HH ELECTRIC, INC HMS CONSTRUCTION, INC. HOWARD T HAKIKAWA ELECTRICAL HENKELS & MCCOY, INC. HIROSE ELECTRIC ISLAND INDUSTRIAL ELECTRIC, LLC KAWAKAMI ELECTRIC INC KIEWIT INFRASTRUCTURE WEST CO. KOKAMI ELECTRICAL SERVICE INC KONA ELECTRIC LEWIS ELECTRIC, LLC ROSENDIN ELECTRIC, INC. MVC ELECTRICAL, LLC JAMES SCOTT SPARKMAN NORM'S ELECTRIC P G ELECTRICAL SERVICE,LLC PACIFIC INDUSTRIAL ELECTRIC PINE VALLEY POWER, INC. PACIFIC POWER ELECT. CONT. LLC. PAC ELECTRIC CO., INC POSITIVE ELECTRIC POWER WISE ELECTRICAL SVCS, LLC POWERNET INC PROGRESSIVE ELECTRIC CO., INC RMH ELECTRIC CO., INC RAMIA ELECTRIC, LLC ROMSCO INC D & S ELECTRIC INC SAGE ELECTRIC INC M. SAKUMA ELECTRIC, INC ROLAND SAKUMA ELECTRIC, INC. RON D ELECTRICAL LLC S & S TAYLAN ELECTRIC, INC. D. SUEHIRO ELECTRIC, INC. TEDS WIRING SERVICE, LTD TRI-POLY ELECTRIC LLC D. UYEUNTEN ELECTRICAL SERVICE VECA ELECTRIC & TECHNOLOGIES WASA ELECTRICAL SERVICES, INC M WATANABE ELECT CONTRACTOR INC STANDARD ELECTRIC INC ELECTRICIANS INC PAUL'S ELECTRICAL CONTRG., LLC. DU-WATTS ELECTRIC, INC. DORVIN D LEIS CO., INC. ELECTRITECH MAUI, INC. LITE ELECTRIC, INC. TESHIMA ELECTRIC INC TYPHOON ELECTRIC & TELECOM LLC LOCAL UNION 1186 IBEW LOCAL UNION 1186 IBEW FCU HAWAII ELECTRICIANS AD OFFICE HAWAII ELECTRICIANS TRNG FUND HI ELEC MKT ENHANCEMENT PROGR FD 808 ELECTRIC & TELECOM, LLC ABLE ELECTRIC, INC B BAUTISTA ELEC CONTRACTOR LLC DWE, INC. ELECTRIC-O SERVICES LELEIWI ELECTRIC, INC. R ELECTRIC, INC. PACIFIC CONNECTIONS RON'S ELECTRIC, INC PIONEER ELECTRIC INC CONSOLIDATED ELECTRICAL DISTR DIAL ELECTRIC SUPPLY CO INC ISLAND LIGHTING CO INC GENERAL SUPPLY & SERVICES, INC. ALEUT FACILITIES SUPPORT SERVICE BOWMAN CONNECTIVITY HENKELS & MCCOY, INC HOME SECURITY & SOUND LLC INTEGRATED BROADBAND NETWORK SOL INTEGRITY NETWORKS INC INTERLINK COMMUNICATIONS LLC JUSTICE SYSTEMS CORPORATION PC ENTERPRISES, INC. SEC CORPORATION COMMUNICATION CONSULT SVCS, INC