2015-11-05T09:32:22-06:00 2014-12-31 464001827 SAXBST LLP 28 WEST 44TH STREET NEW YORK NY 10036 990 2014-01-01 222238707 UNITED FOOD AND COMMERCIAL WORKERS UNION LOCAL 1262 EMPLOYERS LEGAL SERVICES FUND UNIT 9737785800 1389 BROAD ST CLIFTON NJ 07013 MATT MOLINARO TRUSTEE 9737785800 2015-11-05 1 PATRICK C STINES P01592735 2126618640 2014 2016-04-25 22:37:26Z MATT MOLINARO 1389 BROAD ST CLIFTON NJ 07013 579302 0 X N/A X WELFARE TRUST 1978 NJ TO PROVIDE LEGAL SERVICE BENEFITS TO ELIGIBLE PLAN PARTICIPANTS. 7 0 0 0 0 0 0 0 1015093 167308 14149 11994 0 400000 1029242 579302 0 0 788953 200289 0 0 0 0 0 516808 500667 1305761 700956 -276519 -121654 618534 392037 175981 72218 442553 319819 X TO PROVIDE LEGAL SERVICE BENEFITS TO ELIGIBLE PLAN PARTICIPANTS. 0 1 TO PROVIDE LEGAL SERVICE BENEFITS TO ELIGIBLE PLAN PARTICIPANTS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 16 0 1 0 0 0 0 0 0 0 0 0 X 7 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 X THE ORGANIZATION 9737785800 1389 BROAD ST CLIFTON NJ 07013 X DEWEY CANNELLA TRUSTEE 0.50 1.00 X 0 0 0 HARVEY WHILLE TRUSTEE 1.00 40.00 X 0 346637 24267 MICHAEL FREDERICKS TRUSTEE 0.50 1.00 X 0 0 0 MATTHEW MOLINARO TRUSTEE 1.00 40.00 X 0 305522 23557 JOHN COLELLA TRUSTEE 1.00 40.00 X 0 214867 22157 DAVID GILLIS TRUSTEE 0.50 1.00 X 0 0 0 SALVATORE COLARIETI TRUSTEE 1.00 40.00 X 0 153431 21055 FRANK VACCARO ADMINISTRATOR 0.50 24.50 X 12429 481531 0 12429 1501988 91036 0 0 1 0 PROSKAUER ROSE LLP 11 TIMES SQUARE NEW YORK NY 10036 ATTORNEY 336000 1 EMPLOYER CONTRIBUTION 900099 167308 167308 167308 11994 11994 SETTLEMENT INCOME 900099 400000 400000 400000 579302 567308 0 11994 200289 336535 23250 2500 5927 9230 3248 3884 71 2368 ALLOCATED PAYROLL 72572 COMMUNICATION TO PARTIC 23914 THIRD PART ADMINISTRATO 12429 MISCELLANEOUS 4739 700956 7460 10789 109510 144489 61778 1357 563 44226 44226 71 0 430294 236196 8064 618534 392037 151867 48104 24114 24114 175981 72218 X 0 0 0 0 442553 319819 442553 319819 618534 392037 -121654 -1080 0 X X 0 1 X 1 0 925 925 0 43301 43301 0 0 SERP LIABILITY 24114 24114 X 575722 -1080 -1080 576802 2500 2500 579302 698456 0 698456 2500 2500 700956 PART X, LINE 2: THE PLAN RECEIVED ITS LATEST DETERMINATION LETTER ON APRIL 14, 1997, IN WHICH THE INTERNAL REVENUE SERVICE ADVISED THAT THE PLAN QUALIFIES UNDER SECTION 501(C)(9) AND IS, THEREFORE, EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(A). THE PLAN HAS BEEN AMENDED SINCE RECEIVING THE DETERMINATION LETTER. THE PLAN'S TRUSTEES AND THE PLAN'S COUNSEL BELIEVE THAT THE PLAN IS CURRENTLY DESIGNED AND BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE CODE. THEREFORE, THEY BELIEVE THAT THE PLAN WAS QUALIFIED AND THE RELATED TRUST WAS TAX-EXEMPT AS OF THE FINANCIAL STATEMENT DATE. THE PLAN'S MANAGEMENT EVALUATES TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZES A TAX LIABILITY OR ASSET IF AN UNCERTAIN TAX POSITION WAS TAKEN AND IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE NO AUDITS IN PROGRESS AT THIS TIME. 0 0 0 HARVEY WHILLE TRUSTEE 0 346637 0 0 0 0 0 9771 0 14496 0 370904 0 0 MATTHEW MOLINARO TRUSTEE 0 305522 0 0 0 0 0 9061 0 14496 0 329079 0 0 JOHN COLELLA TRUSTEE 0 214867 0 0 0 0 0 7661 0 14496 0 237024 0 0 SALVATORE COLARIETI TRUSTEE 0 153431 0 0 0 0 0 6559 0 14496 0 174486 0 0 FRANK VACCARO ADMINISTRATOR 12429 481531 0 0 0 0 0 0 0 0 12429 481531 0 0 FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: TO PROVIDE HOSPITAL, SURGICAL, MAJOR MEDICAL, DENTAL, PRESCRIPTION DRUG, VISION, LIFE INSURANCE AND OTHER MEDICAL BENEFITS TO ELIGIBLE MEMBERS AND THEIR DEPENDENTS. FORM 990, PART III, LINE 3 EFFECTIVE MARCH 1, 2014 THE TRUSTEES HAVE VOTED TO TERMINATED. THE PLAN WILL REMAIN ACTIVE UNTILL ALL OPEN CLAIMS ARE COMPLETED. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO SUBCOMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 THE FUND'S 990 IS PREPARED BY ITS OUTSIDE AUDITOR AND IS SUBMITTED AND REVIEWED WITH THE ADMINISTRATOR, WHO THEN REVIEWS IT WITH THE CHAIRPERSON OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND MAY BE EXAMINED AT THE FUND OFFICE. FORM 990, PART VII, SECTION A: FRANK VACCARO & ASSOCIATES IS A THIRD PARTY ADMINISTRATOR OF THE PLAN AND ITS OTHER RELATED PLANS. THE COMPANY IS ENGAGED PURSUANT TO A RETAINER AGREEMENT AND IS COMPENSATED FOR SERVICES AND FUNCTIONS NOT BASED ON TIME CHARGES. FORM 990, PART XII, LINE 2C THE PROCESS FOR SELECTING THE OUTSIDE AUDITOR HAS NOT CHANGED SINCE THE PRIOR YEAR. FORM 990, PART VI, SECTION A, LINE 3: THE ORGANIZATION ENGAGES A MANAGEMENT COMPANY TO PERFORM ADMINISTRATIVE SERVICES INCLUDING OVERSIGHT OF CERTAIN PERSONNEL AND EXECUTING FINANCIAL OPERATIONS ON A LIMITED BASIS. THE SERVICES ARE PERFORMED UNDER THE TERMS OF A WRITTEN CONTRACT. FORM 990, PART VI, SECTION A, LINE 8B: THE ORGANIZATION HAS NO SUBCOMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART X, LINE 33: GENERALLY ACCEPTED ACCOUNTING PRINCIPLES ALLOW FOR PRESENTATION OF ESTIMATED CURRENT CLAIMS OBLIGATIONS ON A SEPARATE STATEMENT IN THE FUND'S AUDITED FINANCIAL STATEMENTS. FOR CONSISTENCY, THE BALANCE SHEET FOR FORM 990 WILL ALSO NOT INCLUDE LIABILITIES FOR ESTIMATED CURRENT CLAIMS OBLIGATIONS. NET ASSETS PER THE AUDITED FINANCIAL STATEMENTS DO NOT INCLUDE ESTIMATED CURRENT CLAIMS OBLIGATIONS OF $29,689. FORM 990, PART XI, LINE 5, CHANGES IN NET ASSETS: NET UNREALIZED LOSSES ON INVESTMENTS: $1,080. UNITED FOOD AND COMMERICAL WORKERS LOCAL 1262 AND EMPLOYERS PENSION FUND 1389 BROAD STREET CLIFTON NJ 07013 226074414 TO PROVIDE PENSION BENEFITS TO ELIGIBLE MEMBERS AND THEIR BENEFICIARIES NJ 501(A) 0 UNITED FOOD AND COMMERICAL WORKERS LOCAL 1262 AND EMPLOYERS WELFARE FUND 1389 BROAD STREET CLIFTON NJ 07013 226137317 TO PROVIDE WELFARE BENEFITS TO ELIGIBLE MEMBERS NJ 501(C)(9) 0 UNITED FOOD AND COMMERICAL WORKERS LOC 1262 & EMPLOYERS HEALTH & WELFARE FD 1389 BROAD STREET CLIFTON NJ 07013 237042767 TO PROVIDE HEALTH & WELFARE BENEFITS TO ELIGIBLE MEMBERS NJ 501(C)(9) 0 UNITED FOOD AND COMMERICAL WORKERS LOCAL 1262 1389 BROAD STREET CLIFTON NJ 07013 221339607 REPRESENTS MEMBERS IN COLLECTIVE BARGAINING MATTERS WITH EMPLOYERS NJ 501(C)(5) 0 UNITED FOOD AND COMMERICAL WORKERS LOCAL 1262 RETAIL NON-FOOD IND PENS F 1389 BROAD STREET CLIFTON NJ 07013 226181292 TO PROVIDE PENSION BENEFITS TO ELIGIBLE MEMBERS AND THEIR BENEFICIARIES NJ 501(A) 0 UNITED FOOD AND COMMERICAL WORKERS LOC 1262 & PATHMARK HEALTH & WELFARE FD 1389 BROAD STREET CLIFTON NJ 07013 371664252 TO PROVIDE WELFARE BENEFITS TO ELIGIBLE MEMBERS NJ 501(C)(9) 0 BOGRAD BROTHERS NJ N/A WAKEFERN CORPORATION NJ N/A FOODTOWN SUPERMARKETS NJ N/A STOP & SHOP SUPERMARKETS MA N/A A&P PATHMARK NJ N/A 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 UFCW LOCAL 1262 AND EMPLOYERS PENSION FUND O 72572 CASH UFCW LOCAL 1262 AND EMPLOYERS PENSION FUND P 105087 CASH