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      <NetUnrealizedGainsInvestments>1681299</NetUnrealizedGainsInvestments>
      <RevenueNotRptdF990>1681299</RevenueNotRptdF990>
      <RevenueSubtotal>27138566</RevenueSubtotal>
      <InvestmentExpensesNotIncluded>228017</InvestmentExpensesNotIncluded>
      <RevenueNotRptdOnFinStmt>228017</RevenueNotRptdOnFinStmt>
      <TotalRevenuePerForm990>27366583</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>26516762</TotExpensesEtcAuditedFinclStmt>
      <ExpensesSubtotal>26516762</ExpensesSubtotal>
      <InvestmentExpensesNotIncluded2>228017</InvestmentExpensesNotIncluded2>
      <ExpensesNotRptdOnFinStmt>228017</ExpensesNotRptdOnFinStmt>
      <TotalExpensesPerForm990>26744779</TotalExpensesPerForm990>
    </IRS990ScheduleD>
    <IRS990ScheduleO documentId="RetDoc3">
      <GeneralExplanation>
        <Identifier>ADDITIONAL INFORMATION</Identifier>
        <ReturnReference>FORM 990, PART VI</ReturnReference>
        <Explanation>LINE 2 - FAMILY RELATIONSHIP OR BUSINESS RELATIONSHIP - THE RELATIONSHIP BETWEEN THE TRUSTEES OF THE FUND IS A 'BUSINESS RELATIONSHIP'. THE FUND IS ESTABLISHED AND MAINTAINED PURSUANT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED, THE FUND, AS A TAFT-HARTLEY FUND, IS ADMINSITERED BY A BOARD OF TRUSTEES WHICH IS COMPOSED OF AN EQUAL NUMBER OF UNION AND EMPLOYER REPRESENTATIVES, BECAUSE OF THIS ORGANIZATIONAL REQUIREMENT, THERE IS A BUSINESS RELATIONAHIP BETWEEN THE TRUSTEES. LINE 12 - ANNUALLY, EACH TRUSTEE MUST ANSWER THE FIDUCIARY LIABILITY INSURANCE RENEWAL QUESTIONAIRE, WHICH CONTAINS QUESTIONS REGARDING POTENTIAL AND ACTUAL CONFLICT OF INTEREST.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ORGANIZATION'S PROCESS USED TO REVIEW FORM 990</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 11B</ReturnReference>
        <Explanation>THE FORM 990 IS PRESENTED AND APPROVED AT A MEETING OF THE BOARD OF TRUSTEES, SUBJECT TO APPROVAL BY AND REVIEW OF THE FUND'S LEGAL COUNSEL. IN ADDITION, EACH TRUSTEE IS PROVIDED A COPY OF THE FUND'S FINAL FORM 990 (INCLUDING REQUIRED SCHEDULES), AS ULTIMATELY FILED WITH THE IRS, PRIOR TO ITS FILING WITH THE IRS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>COMPENSATION PROCESS FOR TOP OFFICIAL</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 15A</ReturnReference>
        <Explanation>THE FUND DID NOT HAVE ANY EMPLOYEES WHO MET THE DEFINITIONS IN THE PLAN YEAR. IF THE FUND DID HAVE EMPLOYEES THAT MET THE LISTED DEFINITIONS, THEN ANY COMPENSATION WOULD HAVE BEEN ESTABLISHED IN ACCORDANCE WITH THE PROCESS DESCRIBED IN PART VI, LINE 15A OF FORM 990.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>COMPENSATION PROCESS FOR OFFICERS</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 15B</ReturnReference>
        <Explanation>THE FUND DID NOT HAVE ANY EMPLOYEES WHO MET THE DEFINITIONS IN THE PLAN YEAR. IF THE FUND DID HAVE EMPLOYEES THAT MET THE LISTED DEFINITIONS, THEN ANY COMPENSATION WOULD HAVE BEEN ESTABLISHED IN ACCORDANCE WITH THE PROCESS DESCRIBED IN PART VI, LINE 15B OF FORM 990.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GOVERNING DOCUMENTS DISCLOSURE EXPLANATION</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 19</ReturnReference>
        <Explanation>THE FUND IS ESTABLISHED AND MAINTAINED PURSUANT TO THE EMPLOYEE RETIREMENT SECURITY ACT OF 1974, AS AMENDED. IT OPERATES IN COMPLIANCE WITH THE REPORTING AND DISCLOSURE REQUIREMENTS OF SUBTITLE B, PART 1 ERISA WITH RESPECT TO DISCLOSURE OF ITS GOVERNING DOCUMENTS AND FINANCIAL INFORMATION. IT OPERATES IN COMPIANCE WITH THE FIDUCIARY RESPONSIBILITY REQUIREMENTS OF SUBTITLE B, PART 4 OF ERISA.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ADDITIONAL INFORMATION</Identifier>
        <ReturnReference>FORM 990, PART VII</ReturnReference>
        <Explanation>LINE 1A - STEVE CLAYWELL, JEFF BUSH, SCOTT CLARK SERVED AS TRUSTEES OF THE FUND WITHOUT COMPENSATION FROM THE FUND FOR THOS SERVCIES, HOWEVER, THEY WERE COMPENSATED AS EMPLOYEES OF EITHER LOCAL 445, LOCAL 498, LOCAL 665, OR LOCAL 979, WHICH WERE CONTRIBUTING EMPLOYERS TO THE FUND AND, AS SUCH, "RELATED ORGANIZTONS" AS THAT TERM IS DEFINED IN THE INSTRUCTIONS.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="RetDoc4">
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>SEE PART VII</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
        <ControlledOrg>false</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>SEE PART VII</BusinessNameLine1>
        </NameOfRelatedOrg>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
        <DisproportionateAllocations>false</DisproportionateAllocations>
        <GeneralOrManagingPartner>false</GeneralOrManagingPartner>
      </Form990ScheduleRPartIII>
      <Form990ScheduleRPartIV>
        <NameOfRelatedOrg>
          <BusinessNameLine1>SEE PART VII</BusinessNameLine1>
        </NameOfRelatedOrg>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
      </Form990ScheduleRPartIV>
      <ReceiptOfIntAnnRentsRoyalties>false</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>false</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>false</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>false</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>false</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>false</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>false</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>false</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>false</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>false</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>false</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>false</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>false</SharingOfFacilities>
      <SharingOfPaidEmployees>false</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>false</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>false</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>false</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>false</OtherTransferFromOtherOrg>
      <Form990ScheduleRPartVII>
        <Identifier>ADDITIONAL INFORMATION</Identifier>
        <ReturnReference>SCHEDULE R</ReturnReference>
        <Explanation>SCHEDULE R PARTS III IV AND V IDENTIFICATION OF RELATED ORGANIZATIONS THE FILING ORGANIZATION IS A MULTIEMPLOYER TRUST FUND AS DEFINED IN THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 AS AMENDED THE FUND PROVIDES HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS AS OF AUGUST 31 2012 THERE WERE 413 CONTRIBUTING EMPLOYERS TO THE FUND UNDER THE INSTRUCTIONS TO SCHEDULE R THOSE EMPLOYERS ARE CONSIDERED RELATED ORGANIZATIONS THE FUNDS ADMINISTRATIVE OFFICE MAINTAINS A DATABASE OF ALL CONTRIBUTING EMPLOYERS INCLUDING NAMES ADDRESSES AND OTHER CONTACT INFORMATION HOWEVER THE FUND DOES NOT HAVE AND HAS NO REASONABLE WAY TO OBTAIN MUCH OF THE INFORMATION TO BE REPROTED ON SCHEDULE R SUCH AS EMPLOYER IDENTIFICATION NUMBERS AND THE EMPLOYERS LEGAL STRUCTUREEG CORPORATION OR PARTNERSHIP THE FOLLOWING IS A LISTING OF THOSE CONTRIBUTING EMPLOYERS WITH ADDRESSES WHICH IS THE EXTENT OF THE INFORMATION THE FUND HAS WITH RESPECT TO EACH EMPLOYER A P COM 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TECHNOLOGIES INC CLEMENTS ELECTRIC INC CLEMENTS ELECTRIC INC CLEMENTS ELECTRIC INC COCHRAN ELECTRIC CO CODE ELECTRICAL INC CONTI ELECTRIC CONTI ELECTRIC INC CONTI ELECTRIC INC CRANDELL ELECTRIC INC CURRENT ELECTRIC INC OF BATTLE CREEK D F BEST COMPANY INC D L MILLER ELECTRIC INC D L MILLER ELECTRIC INC DAY ZIMMERMAN NPS DELTA ELEC CONTRLANSING DELTA ELEC CONTRLANSING DELTA ELEC CONTRLANSING DELTA ELEC CONTRLANSING DELTA ELEC CONTRLANSING DIVISION 16 ELECTRICAL SERVICE DOUBLE D ELECTRIC CO E L MECHANICAL ELECTRICAL BUILDERS INC ELECTRICAL INSIGHT INC ENERGY CONTROL DESIGN INC ENERGY CONTROL DESIGN INC ESSEXVILLE ELECTRIC INC ESSEXVILLE ELECTRIC INC ESSEXVILLE ELECTRIC INC EXCELLENCE ELECTRIC F D HAYES ELECTRIC CO F D HAYES ELECTRIC CO F D HAYES ELECTRIC CO FAULKNER ELECTRIC CO FAULKNER ELECTRIC CO FERNDALE ELECTRIC CO INC FLINT ELECTRICAL JATC G L BENDER ELECTRIC INC GEMELLARO SYSTEMS INTEGRATION GEMELLARO SYSTEMS INTEGRATION GEMELLARO SYSTEMS INTEGRATION GEPHART ELECTRICAL CONST GILLIS 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RANCK ELECTRIC INC J RANCK ELECTRIC INC J RANCK ELECTRIC INC J T T ELECTRIC INC J T T ELECTRIC INC J T T ELECTRIC INC JAG ELECTRIC LC JAG ELECTRIC LC JOHN HOWELL INC JOHNS ELECTRIC INC JOHNS ELECTRIC INC JONES ELECTRIC CO JONES ELECTRIC CO K F ELECTRIC CO K L A LABORATORIES INC KALAMAZOO ELECTRIC INC KALAMAZOO ELECTRICAL JATC KASTLE ELECTRIC COMPANY KEN DAVID ELECTRIC INC KEN DAVID ELECTRIC INC KOBAS ELECTRIC COMPANY INC KOONTZWAGNER ELECTRIC K AND K ELECTRIC INC L AND K ELECTRIC INC LABELLE ELEC SERV INC LAKELAND ELECTRICAL SERVICES LEDDY ELECTRIC INC LEET ELECTRIC DBA STEELCON INC LIBERTY ELECTRIC CTRLS INC LIBERTY ELECTRIC CTRLS INC LINK ELECTRIC COMPANY LINK ELECTRIC COMPANY LU 0008 TOLEDO ELEC WELF FD LU 0011 SO CA NECA IBEW HLTH LU 0012 EIGHTH DIST ELBEN FD LU 0014 WISCONSIN ELEC H W LU 0016 NECAIBEW WEL TR FND LU 0022 HEALTH WELFARE FUND LU 0024 MARYLAND ELEC IND WEL LU 0025 IBEW HEALTH BENEFIT LU 0034 NECAIBEW WEL TR FUND LU 0041 IBEW HEALTH FUND LU 0043 ELEC CONTR WEL FUND LU 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IBEWNECA LU 0494 EL CONST IND H W PLAN LU 0531 NECAIBEW WEL TR FUND LU 0532 8TH DIST ELEC BEN FD LU 0538 NECAIBEW WEL TR FUND LU 0558 NECA IBEW WEL TR FUND LU 0577 WISC ELEC H W PLAN LU 0601 NECA IBEW TRUST FUND LU 0639 M CALIF ELEC WORKERS LU 0649 NECA IBEW WEL TRST FUND LU 0666 4TH DISTRICT H W FUND LU 0697 LK CTY IND H W PLAN LU 0702 NECAIBEW WEL TRUST LU 0725 NECAIBEW WEL TR FUND LU 0743 IBEW H W TRUST FUND LU 0816 NECA IBEW WEL TRUST LU 0873 NECA IBEW WEL TRUST FUND LU 104 NEW ENG EL WRK BEN FD LU 1049 IBEW CRAFT H W LU 1070 IBEW LU 1249 IBEW INSURANCE FUND LU 131 IBEW LU 1547 ALASKA ELEC H W PLAN LU 1701 NECA IBEW WEL TR FD LU 219 IBEW LU 275 W MI IBEW LU 445 IBEW LU 498 IBEW LU 557 IBEW LU 665 IBEW LU 692 IBEW LU 948 IBEW LU 979 IBEW M C T SERVICES LLC M J ELECTRIC INC M J ELECTRIC INC M J ELECTRIC LLC MARKET ELECTRIC INC MARKEE ELECTRIC INC MARKEE ELECTRIC INC MARKEE ELECTRIC INC MARKEE ELECTRIC INC MARTELL ELECTRIC LLC MARYLAND ELECTRIC CO INC MARYLAND ELECTRIC CO INC MARYLAND ELECTRIC CO INC MASTER ELECTRIC INC MASTER ELECTRIC INC MASTER ELECTRIC INC MASTER ELECTRIC INC MASTER ELECTRIC INC MASTER ELECTRIC INC MASTER ELECTRIC INC MEAD WHITE ELEC METCALF ELECTRIC INC MGR PRO TECH MI LIGHTNING PROTECTION INC MI UP IBEW PENSION PLAN MICHIGAN BLDG TRADES MICHIGAN CHAPTER NECA MICHIGAN ELECTRIC LLC MICHIGAN ELECTRIC LLC MIDWAY ELECTRIC MOORE ELECTRICAL SERVICES INC MOORE ELECTRICAL SERVICES INC MOORE ELECTRICAL SERVICES INC MOORE SERVICE LLC MOOTE ELECTRICAL INC MOTOR CITY ELECTRIC CO MOTOR CITY ELECTRIC CO MOTOR CITY ELECTRIC CO MOTOR SHOP ELECTRICAL CONST CO MOTOR SHOP ELECTRICAL CONST CO MURPHY ELECTRICAL SERVICES INC N K ELECTRIC INC NEWKIRK ELECTRIC ASSOC INC NEWKIRK ELECTRIC ASSOC INC NEWKIRK ELECTRIC ASSOC INC NEWKIRK ELECTRIC ASSOC INC NEWKIRK ELECTRIC ASSOC INC NEWKIRK ELECTRIC ASSOC INC NEWKIRK ELECTRIC ASSOC INC NEWKIRK ELECTRIC ASSOC INC NEWKIRK ELECTRIC ASSOC INC NEWKIRK ELECTRIC ASSOC INC NORTHLAND ELEC OF ONTONAGON CO NORWICH ELECTRIC CO INC ORGANIZED COMMUNICATIONS ORGANIZED COMMUNICATIONS INC OWENS ELECTRIC COMPANY INC PARSONS ELECTRIC CO PENOKIE ELECTRIC PIONEER ELECTRIC POWER CONCEPTS INC PRECISION ELECTRICAL CONTR PRO ELECTRIC INC PROTECH CABLING SYSTEMS PROTECH CABLING SYSTEMS INC PROTECH CABLING SYSTEMS INC R M ELECTRIC INC R M ELECTRIC INC RAPID ELECTRIC SALES SERVICE RAPID ELECTRIC SALES SERVICE RAUHORN ELECTRIC INC RENSHAW ELECTRIC INC RENTON ELECTRIC ROTH ELECTRIC CONTROL INC ROTH ELECTRIC CONTROL INC RWL SIGN CO LLC S T ELECTRICAL INTERNATIONAL S T ELECTRICAL INTL S L BECKER ELECTRIC INC S L BECKER ELECTRIC INC SACHS ELECTRIC CO SAGINAW JEATC SHAMBAUGH SON LP SHAMBAUGH SON LP SHAMBAUGH SON LP SHAMBAUGH SON LP SHAW ELECTRIC CO SHAW STONE WEBSTER SHAW SYSTEMS INTEGRATION SHOULDICE BROS ELEC DIV SLIFCO ELECTRIC LLC SOUND ENGINEERING INC SOUND ENGINEERING INC SOUND ENGINEERING INC SPARTAN ELECTRICAL SERVICES SPENCERREDNER ELECTRIC INC SPENCERREDNER ELECTRIC INC SPENCERREDNER ELECTRIC INC STONE WEBSTER CONSTRUCTION STUDEBAKER ELECTRIC CO SUMMIT CON</Explanation>
      </Form990ScheduleRPartVII>
    </IRS990ScheduleR>
  </ReturnData>
</Return>