2015-11-05T14:18:56-06:00 2014-12-31 990 2014-01-01 926001972 ALASKA ELECTRICAL HEALTH & WELFARE FUND ALAS 9072761246 2600 DENALI STREET SUITE 200 ANCHORAGE AK 99503 LARRY BELL MIKE HODSDON TRUSTEES 9072761246 2015-10-26 2015-11-05 2014 2016-02-25 16:41:14Z LARRY BELL 712 W 36TH AVENUE ANCHORAGE AK 99503 71040832 false X WWW.AETF.COM X 1961 AK TO PROVIDE AND MAINTAIN HEALTH AND WELFARE BENEFITS 10 10 106 0 0 67480120 70741845 33228 36761 0 67513348 70778606 0 65743263 69412151 1031034 1114299 0 0 855082 835497 67629379 71361947 -116031 -583341 18742539 20345637 25752078 27940594 -7009539 -7594957 TO PROVIDE AND MAINTAIN HEALTH AND WELFARE BENEFITS false false MEDICAL, DENTAL, VISION, AND PRESCRIPTION CLAIMS PAID FOR PARTICIPANT BENEFITS GROUP INSURANCE PREMIUMS FOR LIFE, AD&D, AND STOP LOSS COVERAGE INCREASE IN ESTIMATED LIABILITY FOR FUTURE BENEFITS BASED ON PARTICIPANTS ACCUMULATED ELIGIBILITY AND LIABILITY FOR CLAIMS PAYABLE AND INCURRED BUT NOT YET REPORTED false false false false false false false false false true false false true true true true false false false false false false false false false false false false true false false false false false false false false false false false true true false false true 2122 0 true 106 true false false false false false false X 10 10 true false false false false false false true true true false false true false true false true true false false X ALASKA ELECTRICAL TRUST FUNDS 9072761246 2600 DENALI STREET SUITE 200 ANCHORAGE AK 99503 LARRY BELL TRUSTEE 1.00 X 0 0 0 STEVE BOYD TRUSTEE 0.50 X 0 0 0 LAEL FULLFORD TRUSTEE 0.50 X 0 0 0 GABRIEL MARIAN TRUSTEE 0.50 X 0 0 0 DAVE MCALLEN TRUSTEE 0.50 X 0 0 0 CHUCK PLATT TRUSTEE 0.50 X 0 0 0 DIEDRE WILLIAMS TRUSTEE 0.50 X 0 0 0 KNUTE ANDERSON TRUSTEE 0.50 X 0 0 0 PAMELA CLINE TRUSTEE 0.50 X 0 0 0 JOHN FERREE TRUSTEE 0.50 X 0 0 0 MIKE HODSDON TRUSTEE 1.00 X 0 0 0 DAVID REAVES JR TRUSTEE 0.50 X 0 0 0 DIANA RUHL TRUSTEE 0.50 X 0 0 0 GREGORY R STOKES ADMINISTRATO 21.00 19.00 X 93523 87478 116604 93523 87478 116604 false true false HEALTH FITNESS 1700 WEST 82ND STREET MINNEAPOLIS MN 55431 DISEASE MGMT 204735 MULTIPLAN P O BOX 974616 DALLAS TX 75397 NETWORKPROVIDER 193644 HEALTH CARE COST MANAGEMENT COOP 3000 A STREET 300 ANCHORAGE AK 99503 CONTRACT NEGO. 170282 BEECH STREET P O BOX 972326 DALLAS TX 75397 NETWORKPROVIDER 132511 RAEL LETSON 378 VINTAGE PARK DRIVE FOSTER CITY CA 94404 CONSULTANTS 120949 7 EMPLOYER CONTRIBUTIONS 525100 58973744 58973744 EMPLOYEE CONTRIBUTIONS 525100 11768101 11768101 70741845 36593 36593 262394 262226 168 168 168 70778606 70778606 69412151 122220 573788 154212 212941 51138 88147 72689 45086 186552 191176 74033 74947 4370 38333 14492 40561 5111 71361947 0 0 0 15235 15235 9246644 9214859 4805508 4871611 40563 10390 257291 216539 30387 40752 2416105 2783251 2188097 3409539 18742539 20345637 369941 807415 25382137 27133179 25752078 27940594 X -7009539 -7594957 -7009539 -7594957 18742539 20345637 -583341 -2077 X false true X true false 257291 216539 40752 40752 DUE FROM STOP LOSS CARRIER 3270561 OTHER RECEIVABLES 138872 ACCRUED INTEREST AND DIVIDENDS 106 3409539 EST BENEFITS ON ACCUM ELIGIBILITY 17058888 HEALTH CLAIMS PAYABLE & IBNR 10074291 27133179 X 70731443 -2077 -2077 70733520 45086 45086 70778606 69565818 69565818 45086 1751043 1796129 71361947 SCHEDULE D, PAGE 3, PART X U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES 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 POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2014, THERE ARE NO UNCERTAIN 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. THE PLAN ADMINISTRATOR BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2011. SCHEDULE D, PAGE 4, PART XII, LINE 4B IBNR AND ESTIMATED FUTURE BENEFITS 1,751,043 SCHEDULE D, PAGE 4, PART XIII PART XII LINE 4B INCLUDES THE INCREASE IN CLAIMS PAYABLE AND CLAIMS INCURRED BUT NOT REPORTED OF 1,630,631 AND THE INCREASE IN ESTIMATED FUTURE BENEFITS BASED ON PARTITIPANT'S ACCUMULATED ELIGIBLITY OF 140,411 X true false X X false false false GREGORY R STOKES ADMINISTRATOR 91812 85878 1711 1600 49988 46756 10262 9598 153773 143832 SCHEDULE J, PAGE 1, PART I, LINE 1A THE FUND'S TRUSTEE EXPENSE REIMBURSEMENT POLICY ALLOWS FOR REIMBURSEMENT NOT TO EXCEED COACH RATE FOR IN-STATE TRAVEL AND FIRST-CLASS RATE FOR OUT- OF-STATE TRAVEL FORM 990, PAGE 6, PART VI, LINE 2 MIKE HODSDON KNUTE ANDERSON TRUSTEE TRUSTEE BOTH ON IBEW EXECUTIVE BOARD MIKE HODSDON PAMELA CLINE TRUSTEE TRUSTEE BUSINESS RELATIONSHIP MIKE HODSDON JOHN FERREE TRUSTEE TRUSTEE BUSINESS RELATIONSHIP MIKE HODSDON DAVID REAVES JR. TRUSTEE TRUSTEE BUSINESS RELATIONSHIP MIKE HODSDON DIANA RUHL TRUSTEE TRUSTEE BUSINESS RELATIONSHIP KNUTE ANDERSON PAMELA CLINE TRUSTEE TRUSTEE BUSINESS RELATIONSHIP KNUTE ANDERSON JOHN FERREE TRUSTEE TRUSTEE BUSINESS RELATIONSHIP KNUTE ANDERSON DAVID REAVES JR. TRUSTEE TRUSTEE BUSINESS RELATIONSHIP KNUTE ANDERSON DIANA RUHL TRUSTEE TRUSTEE BUSINESS RELATIONSHIP FORM 990, PAGE 6, PART VI, LINE 9 LARRY BELL 712 WEST 36TH AVENUE ANCHORAGE, AK 99503 STEVE BOYD 712 WEST 36TH AVENUE ANCHORAGE, AK 99503 LAEL FULLFORD 303 E VAN HORN ROAD FAIRBANKS, AK 99701 GABRIEL MARIAN 819 ORCA STREET ANCHORAGE, AK 99501 DAVE MCALLEN 3700 SPRINGER ST. ANCHORAGE, AK 99503 CHUCK PLATT P.O. BOX 34977 JUNEAU, AK 99803 DIEDRE WILLIAMS 600 TELEPHONE AVENUE MS 15 ANCHORAGE, AK 99503 KNUTE ANDERSON PO BOX 55422 NORTH POLE, AK 99705 PAMELA CLINE 3333 DENALI STREET SUITE 200 ANCHORAGE, AK 99503 JOHN FERREE 2000 AIRPORT WAY FAIRBANKS, AK 99701 MIKE HODSDON 3333 DENALI STREET SUITE 200 ANCHORAGE, AK 99503 DAVID REAVES JR. 3333 DENALI STREET SUITE 200 ANCHORAGE, AK 99503 DIANA RUHL 3333 DENALI STREET SUITE 200 ANCHORAGE, AK 99503 FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS PREPARED AND REVIEWED AT THE DETAIL LEVEL BY THE CONTROLLER AND AN ACCOUNTING STAFF THEN KEY SECTIONS ARE REVIEWED BY KPMG AT THE HIGH LEVEL. KPMG DOES NOT SIGN THE RETURN. IT IS SIGNED BY TWO TRUSTEES OF THE PLAN. FORM 990, PAGE 6, PART VI, LINE 12C PERIODIC REVIEWS ARE PERFORMED BY THE TRUSTEES - PART VI LINE 12C THE PRACTICES FOR MONITORING PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND FOR DEALING WITH POTENTIAL OR ACTUAL CONFLICTS ARE AS FOLLOWS. INTERESTED PERSON(S), THAT IS PERSON(S) COVERED BY THIS POLICY, ARE DEFINED AS A TRUSTEE(S) WHO HAS DIRECT OR INDIRECT FINANCIAL INTEREST RELATED TO AN ACTUAL OR POTENTIAL TRUST TRANSACTION OR ARRANGEMENT. IN CONNECTION TO AN ACTUAL ORPOSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF FINANCIAL INTEREST AND BE GIVEN AN OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO ANY OTHER TRUSTEES WHO ARE CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS THE INTERESTED PERSON SHALL LEAVE THE MEETING; THE REMAINING TRUSTEES SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON WITH A CONFLICT OF INTEREST MAY NOT BE PRESENT DURING DISCUSSION OF AND VOTE ON THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRMAN MAY APPOINT SOMEONE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. IF NOT, THE TRUSTEES SHALL DETERMINE IF THE TRANSACTION OR ARRANGEMENT IS IN THE TRUST BEST INTEREST, AND IF IT IS FAIR OR REASONABLE. FORM 990, PAGE 6, PART VI, LINE 15A REVIEW IS PERFORMED BY TRUSTEES (MEMBERS OF THE ADMINISTRATIVE COMMITTEE). THE ALASKA CONSUMER PRICE INDEX IS USED TO DETERMINE COMPARABILITY. CONTEMPORANEOUS SUBSTANTIATION TAKES THE FORM OF A MEMO FROM THE ADMINISTRATIVE COMMITTEE. THE POSITIONS FOR WHICH THE DESCRIBED PROCESS IS USED ARE THE ADMINISTRATOR AND THE REAL ESTATE MANAGER, AND THE PROCESS WAS LAST PERFORMED FOR BOTH OF THESE POSITIONS DURING 2013. FORM 990, PAGE 6, PART VI, LINE 19 THE SUMMARY ANNUAL REPORT IS SENT OUT TO ALL MEMBERS/PARTICIPANTS PROVIDING A SUMMARY OF THE YEARS FINANCIAL ACTIVITIES AND NOTIFICATION THAT THE COMPLETE ANNUAL FILING WITH EBSA INCLUDING THE FORM 5500 AND FINANCIAL STATEMENTS IS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 IBNR AND ESTIMATED FUTURE BENEFITS 1,751,043 ALASKA AFL-CIO N/A false ALASKA WORKS PARTNERSHIP INC N/A false ALASKA CHAPTER NECA INC 712 W 36TH AVE ANCHORAGE AK 99503 920018638 EMPR ASSOC AK 501C6 N/A false ALASKA ELECTRICAL PENSION PLAN 2600 DENALI STREET SUITE 200 ANCHORAGE AK 99503 926005171 PENSION AK 401A N/A false ALASKA ELECTRICAL MONEY PURCHASE 2600 DENALI STREET SUITE 200 ANCHORAGE AK 99503 926005171 PENSION AK 401A N/A false ALASKA ELECTRICAL LEGAL PLAN 2600 DENALI STREET SUITE 200 ANCHORAGE AK 99503 920058156 LEGAL PLAN AK 501C9 N/A false BARROW UTILITIES & ELECTRIC COOP N/A false CHUGACH ELECTRIC ASSOCIATION N/A false MUNICIPALITY OF ANCHORAGE ML&P N/A false MUNICIPALITY OF ANCHORAGE N/A false CITY OF FAIRBANKS N/A false NOME JOINT UTILITIES N/A false CITY OF SEWARD N/A false COPPER VALLEY ELECTRIC N/A false COPPER VALLEY TELEPHONE COOP N/A false CORDOVA ELECTRIC COOPERATIVE INC N/A false GOLDEN VALLEY ELECTRIC ASSOCIATION N/A false HOMER ELECTRIC ASSOCIATION INC N/A false IBEW LOCAL 1547 3333 DENALI STREET ANCHORAGE AK 99503 920013179 UNION AK 501C5 N/A false ALASKA JOINT ELECTRICAL APPRENTICE N/A false CITY OF KETCHIKAN & KETCHIKAN PUBLI C UTILITIES N/A false KETCHIKAN GATEWAY BOROUGH N/A false KODIAK ISLAND BOROUGH N/A false KODIAK ELECTRIC ASSOCIATION INC N/A false KOTZEBUE ELECTRIC ASSOCIATION INC N/A false MATANUSKA ELECTRIC ASSOCIATION N/A false MATANUSKA TELEPHONE ASSOCIATION N/A false NAKNEK ELECTRIC ASSOC INC N/A false SE ALASKA POWER AGENCY (SEAPA) N/A false WRANGELL ML&P N/A false PACIFIC PILE & MARINE LIMITED PARTNERSHIP N/A false false AHTNA CONSTRUCTION CORPORATION N/A false A & D DRILLING N/A false AT & T ALASCOM N/A false AT & T MOBILITY N/A false ALASKA DIRECTIONAL LLC N/A false ALASKA ELECTRIC LLC N/A false ALASKA ELECTRIC & CONTROL N/A false ALASKA ELECTRICAL LIGHT & POWER CO N/A false ALASKA COMMUNICATIONS SYSTEMS 600 TELEPHONE AVE MS 15 ANCHORAGE AK 99503 911921377 TELECOMMUN AK N/A C CORP false ALASKA LINEBUILDERS LLC N/A false ALASKA POWER & COMMUNICATIONS SVCS N/A false ALASKA ROAD BORING COMPANY N/A false ALASKA INTEGRATED SERVICES N/A false ALASKA PRIME POWER N/A false ALCAN ELECTRICAL ENGINEERING INC N/A false ALEUT GLOBAL SOLUTIONS LLC N/A false ALL SEASONS CONSTRUCTION CO N/A false AMEE BAY LLC N/A false ALL WIRE ELECTRIC LLC N/A false ARCTIC ELECTRIC INC N/A false POWER ASSURANCE INC N/A false ASPLUNDH TREE EXPEPT CO N/A false B & B ELECTRIC INC N/A false BERING KAYA SUPPORT SERVICES LLC N/A false BOULDER CREEK ELECTRIC N/A false BRISTOL ENVIRONMENT REMEDIATION SVC N/A false BURKE ELECTRIC LLC N/A false C2C ELECTRIC N/A false CARLOS TREE SERVICE INC N/A false CB & I FEDERAL SERVICES LLC N/A false CHATHAM ELECTRIC INC PO BOX 34977 JUNEAU AK 99803 920169545 CONTRACTOR AK N/A C CORP false CHENEGA COMMERCIAL LEASING N/A false C&B CONSTRUCTION N/A false CITY ELECTRIC INC 819 ORCA ST ANCHORAGE AK 99501 920012068 CONTRACTOR AK N/A C CORP false CONTROL CONTRACTORS INC N/A false CSI ELECTRICAL CONTRACTORS INC N/A false DOYON ASSOCIATED LLC N/A false DOYON UTILITIES LLC N/A false DYLAN'S LEASING LLC N/A false EAGLE WOLF ELECTRIC INC N/A false ELECTRIC POWER CONSTRUCTORS INC N/A false ELECTRIC INTERNATIONAL LLC N/A false EVER ELECTRIC INC N/A false ENDEAVOR ELECTRIC INC N/A false FIRST CITY ELECTRIC INC N/A false FRONTIER DIRECTIONAL DRILLING N/A false FULLFORD ELECTRIC INC 303 E VAN HORN RD FAIRBANKS AK 99701 920099751 CONTRACTOR AK N/A C CORP false GLOBAL MANAGEMENT SERVICES N/A false GOLDEN HEART UTILITIES N/A false GMW FIRE PROTECTION INC N/A false GRASLE & ASSOCIATES INC N/A false NEW HORIZON'S TELECOM INC N/A false HOT WIRE ELECTRIC LLC N/A false HOUSTON CONTRACTING CO N/A false INDUSTRIAL COMMERCIAL ELECTRICAL N/A false INTEGRITY NETWORK INC N/A false HOT WIRE COMMUNICATIONS LLC N/A false JADE ELECTRIC LLC N/A false K & G ELECTRIC N/A false KACHEMAK ELECTRIC CO INC N/A false KITH MEDIA LLC N/A false LIBERTY ELECTRIC INC N/A false LITTLE SUSITNA CONSTRUCTION N/A false LOCAL ELECTRIC INC N/A false M J ELECTRIC LLC N/A false MARSHALLS ELECTRIC INC N/A false MICHELS CONSTRUCTION N/A false MORLEY ELECTRIC INC N/A false NAES POWER CONTRACTORS INC N/A false NORCON INC N/A false NORTHERN POWERLINE CONSTRUCTORS INC N/A false NPC ENERGY SERVICES LLC N/A false PTP MANAGEMENT INC N/A false PK ELECTRIC LLC N/A false POWER COMM INC N/A false PRICE GREGORY N/A false POWER SOURCE TELECOM INC N/A false ARCTEC ALASKA N/A false RANCO ELECTRIC N/A false REDI ELECTRIC LLC N/A false ROBINSON BROTHERS CONSTRUCTION N/A false SAUER ELECTRIC INC N/A false SHAW ENVIRONMENTAL INC N/A false STEELHEAD ELECTRIC COMPANY N/A false STURGEON ELECTRIC COMPANY N/A false TEC ELECTIC INC N/A false SUPERIOR PLUMBING & HEATING PO BOX 230387 ANCHORAGE AK 99507 920031270 CONTRACTOR AK N/A C CORP false SYSTEMHOUSE INC N/A false STAR ELECTRIC INC N/A false TEMPTEL INC N/A false TAYLOR FIRE PROTECTION SERVICES LLC N/A false VECA ELECTRIC CO INC N/A false WORLD TECHNICAL SERVICES INC N/A false YUKON ELECTRIC INC N/A false false false false false false false false false false false false false false true true true false false false