Michiana Area Electrical Workers Health & Welfare

“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 Trust Fund, is administered 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 relationship between the Trustees.”

“Form 990, Part VI, Line 7a - Election of Members and Their RightsAll board members are elected by the membership into officer positions, from which they hold their Trusteeship”

“Form 990, Part VI, Line 11b - Organizations Process to Review Form 990The Form 990 is presented and approved at a meeting of the Board of Trustees, subject to approval by and review of the Funds legal counsel. In addition, each Trustee is provided a copy of the Funds final form 990 (including required schedules), as ultimately filed with the IRS.”

“Line 12 - Annually, each Trustee must answer the fiduciary liability insurance renewal questionnaire, which contains questions regarding potential and actual conflicts of interest.”

“Line 15 - The Fund did not have a CEO, Executive Director, or top management official, or other key employees, as those terms are defined in the instructions.”

“Form 990, Part VI, Line 19 - Governing Documents Disclosure ExplanationThe 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 ERISA with respect to disclosure of its governing documents and financial information. It operates in compliance with the Fiduciary Responsibility requirements of Subtitle B, Part 4 of ERISA. The Fund does not have a conflicts ofinterest policy.”

“Form 990, Part VII - Additional InformationLine 1a - Mike Leda, Kevin Wooding and Jason Piontek served as Trustees of the Fund without compensation from the Fund for those services. However, they were compensated as employees of IBEW Local 153, which was a contributing employer to the Fund, and as such, a related organization as that term is defined in the instructions.”