Michigan Electrical Employees Insurance Fund

“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 fund, is adminsitered 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 relationahip between the trustees. Line 12 - annually, each trustee must answer the fiduciary liability insurance renewal questionaire, which contains questions regarding potential and actual conflict of interest.”

“The form 990 is presented and approved at a meeting of the board of trustees, subject to approval by and review of the fund's legal counsel. In addition, each trustee is provided a copy of the fund's final form 990 (including required schedules), as ultimately filed with the irs, prior to its filing with the irs.”

“The fund did not have any employees who met the definitions in the plan year. If the fund did have employees that met the listed definitions, then any compensation would have been established in accordance with the process described in part vi, line 15a of form 990.”

“The fund did not have any employees who met the definitions in the plan year. If the fund did have employees that met the listed definitions, then any compensation would have been established in accordance with the process described in part vi, line 15b of form 990.”

“The fund is established and maintained pursuant to the employee retirement 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 compiance with the fiduciary responsibility requirements of subtitle b, part 4 of erisa.”

“Line 1a - steve claywell, jeff bush, scott clark served as trustees of the fund without compensation from the fund for thos servcies, however, they were compensated as employees of either local 445, local 498, local 665, or local 979, which were contributing employers to the fund and, as such, "related organiztons" as that term is defined in the instructions.”