Upper Peninsula Plumbers and Pipefitters Educational 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 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 relationsihp between the trustees. Line 12 - annually, each trustee must answer the fiduciary liability insurance renewal questionare, 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 officers or key employees, as those terms are defined.”

“The form 990 is presented and approved at a meeting of the board of trustees, subject to review by and approval 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 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 of erisa with respect to disclosure of its governing documents and financial information. It operates in compliance with fiduciary responsibility requirements of subtitle b, part 4 of erisa.”

“Line 1a - dean gutzman served as trustee of the fund without compensation from the fund for those services. However, he was compensated as an employee of the upper peninsula plumbers and pipefitters local 111, which is a contributing employer to the fund, and as such, a "related organization" as that term is defined in the instructions.”

“Training was provided to approximately 100 apprentices and journeyman working under the jurisdiction of local unions bound by applicable bargaining agreements.”