Plan a Health Care Plan Trust

“The nature of the entity does not require regularly scheduled and structured meetings with the trustee. The purpose of the entity is to act as a conduit for medical benefit premiums to be used for payment of medical claims of the participants. The trustee oversees the receipt of premiums and the payment of benefits as required, and also makes certain that the third party administrator fulfills its responsibilities.”

“The nature of the entity does not require regularly scheduled and structured meetings with the trustee. The purpose of the entity is to act as a conduit for medical benefit premiums to be used for payment of medical claims of the participants. The trustee oversees the receipt of premiums and the payment of benefits as required, and also makes certain that the third party administrator fulfills its responsibilities.”

“The trustee receives a paper copy of form 990 for their review and comment prior to its filing.”

“A paper copy of form 990 is provided upon request. The organization's form 990 is also available via the guidestar.org website.”

“The organization does not make its governing documents and financial statements available to the public except through public filing requirements.”

“A conflict of interest policy is not required for this entity. The trustee receives no payments or compensation from the plan a health care plan trust. The trustee is employed by rfms, inc. And rfms, inc., provides administrative services to the plan free of charge.”

“The trustee devotes a portion of the average hours per week to the related organizations listed on schedule r. However, the actual hours attributable to these related organizations is not specifically tracked. The hours reported in column b are a reasonable estimate, and the trustee normally devotes less than one hour per week to the plan a health care plan trust.”

“The organization is not subject to unrelated business income tax on investment income under section 512(a)(3)(e)(iii). Substantially all of the contributions to the plan a health care plan trust are made by employers who were exempt from tax throughout the 5-taxable-year period ending with the taxable year in which the contributions are made.”

“The 2021 form 990 for plan a health care plan trust is being amended for the tax period ending october 31, 2022. As a result, the following lines changed: - part vii, section b, line 1: independent contractors that received more than $100,000 of compensation from the organization. - part vii, section b, line 2: total number of independent contractors who received more than $100,000 of compensation from the organization.”

“The third party administrator for the plan a health care plan trust files joint forms 1099 for all plans under their administration.”

“Transfer of assets from rfms medical benefit plan trust (ein: 36-7042729) 9,137.”

“The process for oversight of the audit and selection of independent accountant is that the two trustees make arrangements for the audit, however the organization does not have a seperate audit committee.”