2011-11-14T10:30:38-06:00 2010-12-31 DANIEL A WINTERS & COMPANY CPAS 6 DICKINSON DRIVE SUITE 205 CHADDS FORD PA 19317 990 2010-01-01 236209407 NATIONAL ELEVATOR INDUSTRY HEALTH BENEFIT PLAN NATI 8005234702 19 CAMPUS BLVD SUITE 200 NEWTOWN SQUARE PA 19073 LARRY MCGANN 8005234702 2011-11-14 1 CRAIG D WINTERS CPA 6103582000 2011-11-14 2010 2016-02-24 21:20:13Z ROBERT O BETTS JR 19 CAMPUS BLVD SUITE 200 NEWTOWN SQUARE PA 19073 1358700447 0 X WWW.NEIBENEFITS.ORG X 1952 PA THE PURPOSE OF THIS PLAN IS TO PROVIDE HEALTH AND WELFARE BENEFITS AND THE MEANS FOR FINANCING THE EXPENSES OF THE TRUSTEES IN THE OPERATION AND ADMINISTRATION OF THIS TRUST. 8 8 0 0 0 0 0 0 513003793 477278073 31878715 27047599 318698 2006172 545201206 506331844 0 0 420043874 427011997 5911987 5986368 0 0 0 28783663 27609365 454739524 460607730 90461682 45724114 698049130 864105199 14938285 98066898 683110845 766038301 THE PURPOSE OF THIS PLAN IS TO PROVIDE HEALTH AND WELFARE BENEFITS AND THE MEANS FOR FINANCING THE EXPENSES OF THE TRUSTEES IN THE OPERATION AND ADMINISTRATION OF THIS TRUST. 0 0 THE PURPOSE OF THIS PLAN IS TO PROVIDE HEALTH AND WELFARE BENEFITS AND THE MEANS FOR FINANCING THE EXPENSES OF THE TRUSTEES IN THE OPERATION AND ADMINISTRATION OF THIS TRUST. THIS IS ESSENTIALLY THE ONLY PROGRAM SERVICE OF THE ORGANIZATION AND ALL OF THE REVENUES AND EXPENSES ARE CONSIDERED TO BE FOR THIS PURPOSE. 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 22741 0 1 0 0 1 JA PL 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 X ROBERT O BETTS JR 8005234702 19 CAMPUS BLVD SUITE 200 NEWTOWN SQUARE PA 19073 KEVIN P STRINGER 8.00 X 0 0 0 E JAMES WALKER JR 8.00 X 0 0 0 DONALD G MITCHELL 2.00 X 0 0 0 MICHAEL SHIELDS 2.00 X 0 0 0 VINCENT SCHIAVONE 2.00 X 0 0 0 R ALLEN SPEARS 2.00 X 0 0 0 DAVID POWILATIS 2.00 X 0 0 0 PATRICK MCGARVEY 2.00 X 0 0 0 CHRISTIAN GRENIER 2.00 X 0 0 0 ROBERT O BETTS JR 23.00 X 98361 0 22051 JOHN A MCGOWAN 40.00 X 125000 0 33358 223361 0 55409 1 0 1 0 HEALTH CARE SERVICE CORPORATION 300 EAST RANDOLPH - 26TH FLOOR CHICAGO IL 60601 ADMINISTRATION 15907733 OPTUMHEALTH CARE SOLUTIONS SDS 12-2420 PO BOX 86 MINNEAPOLIS MN 55486 ADMINISTRATION 2378347 VALUE OPTIONS INC PO BOX 534367 ATLANTA GA 30353 ADMINISTRATION 858628 CVS CAREMARK DECATUR AVENUE ANNAPOLIS MD 21403 ADMINISTRATION 549548 O'DONOGHUE & O'DONOGHUE 4748 WISCONSIN AVENUE NW WASHINGTON DC 20036 LEGAL 534523 22 EMPLOYER CONTRIBUTIONS 525100 414127177 414127177 RECEIPTS FOR EXT BENES 525100 54239494 54239494 MEDICARE/MEDICAID PAY 525100 6986934 6986934 PARTICIPANT CONTRIB 525100 1448464 1448464 CLASS ACTION STTLMNTS 525100 286195 286195 189809 189809 477278073 18442301 18442301 860973901 852368603 8605298 8605298 8605298 ERRP REIMBURSEMENT 525100 1542812 1542812 REIMB RELATED PLAN 525100 448600 448600 OTHER INCOME 525100 14760 14760 2006172 506331844 479284245 0 27047599 427011997 278770 3612292 362908 1435611 296787 605600 378372 1515488 400519 914034 154239 989614 7740 173558 59024 77163 BENEFIT ADMIN&PPO FEES 21220011 SUBROGATION RECOV FEES 373947 PRINTING & DUPLICATING 363951 REIMB FOR FIXED ASSETS 353802 DUES AND SUBSCRIPTIONS 15747 6556 460607730 235205 505138 84435355 44456396 56774180 80047733 226606 227503 1829058 1677219 187884 151839 359708192 502427369 196481708 236289221 698049130 864105199 14938285 87617331 0 10449567 14938285 98066898 X 0 0 0 0 683110845 766038301 683110845 766038301 698049130 864105199 X 45724114 37203342 X X 0 1 1 X 0 1829058 1677219 151839 151839 10205867 F COMMON/COLLECTIVE TRUSTS 226083354 F 236289221 0 SWAPS 10058246 PUT OPTIONS 325632 CALL OPTIONS 65689 10449567 506331844 460607730 45724114 37203342 37203342 82927456 541946189 37203342 37203342 504742847 1588997 1588997 506331844 459018733 0 459018733 1588997 1588997 460607730 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: IN JUNE OF 2006, THE FINANCIAL ACCOUNTING STANDARDS BOARD ISSUED ASC TOPIC 740-10, INCOME TAXES OVERALL (ASC SUBTOPIC 740-10), PREVIOUSLY INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ASC TOPIC 740-10 PRESCRIBES A MINIMUM THRESHOLD FOR FINANCIAL STATEMENT RECOGNITION OF THE BENEFIT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN BY A FILER IN THE FILER'S TAX RETURN. ASC SUBTOPIC 740-10 IS EFFECTIVE FOR FISCAL YEARS BEGINNING AFTER DECEMBER 15, 2008. THE PLAN HAS DETERMINED THAT THERE IS NO IMPACT OF THE ADOPTION OF ASC SUBTOPIC 740-10 ON ITS FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2010 OR 2009. 0 0 0 JOHN A MCGOWAN 125000 0 0 0 0 0 12426 0 20932 0 158358 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED BY THE CHAIRMAN AND CO-CHAIRMAN OF THE BOARD OF TRUSTEES AND THE EXECUTIVE DIRECTOR PRIOR TO FILING FOR ACCURACY WITH THE ACTIVITIES OF THE TRUST DURING THE YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 37203342. FORM 990, PART XII, LINE 2C: THE APPROVAL AND RESPONSIBILITY PROCESSES FOR THE OVERSIGHT OF AUDITS OF FINANCIAL STATEMENTS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART V, LINE 2A; PART VII, SECTION A; SCHEDULE J, PART II: THE FUND DOES NOT ISSUE W-2S TO ANY EMPLOYEES AND SHARES CERTAIN STAFF WITH ORGANIZATIONS NOT CONSIDERED BY THE FORM 990 INSTRUCTIONS TO BE RELATED ORGANIZATIONS. THESE STAFF ARE PAID THROUGH ESSENTIALLY A PAYMASTER ARRANGEMENT THAT FUNCTIONS AS THE STAFF'S EMPLOYER AND ISSUES FORMS W-2 AND COMPLIES WITH APPLICABLE PAYROLL REPORTING AND RELATED REQUIREMENTS. ACCORDINGLY, THE FUND'S ALLOCATED PORTION OF THE COSTS RELATED TO THIS SHARING IS REPORTED ON FORM 990, INCLUDING ON PART IX, LINES 7 THROUGH 10. FORM 990, PART V, LINE 4A THE FUND IS AN EMPLOYEE BENEFIT PLAN THAT FILED THE TD F 90-22.1, REPORT OF FOREIGN BANK AND FINANCIAL ACCOUNTS, UNDER EIN, 23-2790911, THAT THEY USE TO FILE THE FORM 5500, ANNUAL RETURN/REPORT OF EMPLOYEE BENEFIT PLAN. FORM 990, PART IV, LINE 32 THE FUND'S INVESTMENT PROGRAM INCLUDES CASH MANAGEMENT PROCEDURES THAT MAXIMIZE EARNINGS ON TEMPORARY BALANCES BY IMMEDIATELY PURCHASING SHORT TERM INVESTMENT VEHICLES UPON THE RECEIPT OF ESSENTIALLY ALL PRINCIPAL AND INTEREST TRANSACTIONS. THIS NECESSITATES THE SELLING OF SUCH ASSETS FOR EACH PURCHASE OF LONGER-TERM INVESTMENTS. THIS CASH MANAGEMENT ACTIVITY IS NOT INCLUDED IN PART VIII, LINE 7 AND ARE NOT CONSIDERED TO CONSTITUTE TRANSACTIONS CONSIDERED BY PART IV, LINE 32. FORM 990, PART II: LARRY J. MCGANN BECAME CO-CHAIRMAN OF THE BOARD OF TRUSTEES AFTER DECEMBER 31, 2010; THEREFORE, HE IS NOT LISTED IN PART VII, SECTION A.