Vigilant Group Benefits Trust

“Rodger glos is a trustee of the trust and employed by vigilant services, inc. Vigilant services, inc. Provides services to the trust. Rodger glos is also related to derek glos, president of vigilant. Vigilant is the endorsing sponsor of the trust and related plan.”

“The trust has contracted with a third-party administrator (vimly benefit solutions, inc.) to provide bookkeeping and administrative services, and with vigilant services, inc. To provide service coordination, administration, compliance, and monitoring services, as well as certain marketing services.”

“The trust is administered by a board of trustees consisting of one to seven trustees, and benefits managers consisting of one to seven individuals or businesses. The trustees and the benefits managers are appointed by and serve with the approval of vigilant or its successor organization. An individual serving as benefits manager will not be an employee or officer of any insurance carrier from which the trust purchases coverage on behalf of participants and their dependents. Vigilant will provide participating employers with notice of the appointment of any trustee and the appointment will be subject to the approval of participating employers. Employer approval will be presumed unless a written instrument signed on behalf of participating employers whose contributions during the preceding 12 months totaled more than 75 percent of all contributions by the trust rejects the appointment. The rejection must be received by vigilant and the remaining trustees within 30 days of the notice. If vigilant is dissolved and there is no successor organization, then any successor trustee or benefits manager will be appointed by majority vote of the participating employers. The appointment of trustees and benefits managers is effective upon written acceptance by the appointee.”

“The form 990 was prepared under the guidance of the board of trustees by the independent accounting firm anastasi, moore & martin pllc. Draft copies of the trust's financial statements and form 990 were first provided to the trust's consultants and advisors, who reviewed the form 990 for accuracy and completeness. Any questions, concerns or issues raised by the consultants and advisors were addressed and any necessary revisions were made to the form 990. The revised form 990 was then provided to the chairman of the board of trustees for his review and approval. Any additional questions, concerns or issues raised by the chairman were addressed and any necessary revisions were made to the form 990. The final version of the form 990 was reviewed and approved for filing by the chairman. The final version of the form 990 was made available to the board of trustees prior to filing.”

“All proposed relationships and contracts with service providers, as well as all proposed investments that would be made by the trust, are provided to and reviewed by trust legal counsel for compliance with the prohibited transaction provisions of erisa. Additionally, each party-in-interest (fiduciary or service provider) has an ongoing duty to disclose all material facts to the board of trustees about any actual or potential conflicts of interest as soon as such facts become known or should have become known.”

“The trust's governing documents, conflict of interest policy, financial statements and form 990 are available to the general public upon written request sent to vimly benefit solutions, inc. At: p.o. Box 6, mukilteo, wa 98275.”

“The trust does not compensate the trustees, as the trustees serve on a voluntary basis. The chairman of the board of trustees is compensated for his services to vigilant services, inc., which provides management and consulting services to the trust. The trust does not readily have access to information related to compensation paid by other entities.”

“The process has not changed since filing the prior form 990.”