Ibew Local 665 Supplemental

“The relattionship between the Trustees of the Fund is a business relationship. The Fund is estblished and maintained pursuant to the Employee Retirement Income Security Act of 1974, as amended. The Fund, as a Taft-Hartley Fund, is admninistered by a board of Trustees composed of an equal number of union and employer representatives. Because of this organizational requirement, there is a business relationship between the Trustees.”

“The Employer Trustees are appointed by the Lansing Division, Michigan Chapter, National Electrical Contractors Association, Inc. (the Employer Associations representing contributing employers to the Fund). The Unioin Trustees are appointed by the Local NO. 665, International Brotherhood of Electrical Workers.”

“The form 990 is presented and approved at a meeting of the Board of Trustees, subject to the review and approval of the Funds legal counsel.”

“Annually each Trustees must answer the ficuciary liability insurance renewal questionaire which contains questions regarding potential and actual conflicts of interst. The Fund monitors and enforces compliance with its policy in accordance with the requirements of the Employee Retirement Income Security Act of 1974, as amended.”

“The Fund is established and maintained pursuant to the Employee Retirement Income Security Act of 1974, as amended. It operates in compliance with the Reporting and Disclosure requirements of Subtitle B, Part 1 of ERISA with respect to disclosure of its governing documents and financial information. It operates in compliance with the Fiduciary Responsibility requiremens of Subtitle B, Part 4 of ERISA.”

“Form 990, Part VII - Additional InformationLine 1a - Aaron Nowland, Thomash Hollandsworth, and Aaron Pangbord serverd as a Trustees of the Fund without compensation from the Fund for those services. However, Aaron Pangbord and Aaron Nowland are compensated as employee of IBEW Local 665, which is a contributing employer to the Fund, and Bryan Benton was compensated as an employee of the Michigan Chapter NECA, which is a sponsoring organization of the Trust and, as such, related organizations as that term is defined in the instructions.”