Laborers Vacation and Holiday Trust

“Line 2 - 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 adminstered 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.”

“The form 990 is presented and approved at the board of trustees' meeting, subject to review and approval by the fund's attorney.”

“The fund did not have any employees who met the definitions in the plan year. If the fund had 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 had 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 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 the fiduciary responsibility requirements of subtitle b, part 4 of erisa. The fund does not have a conflicts of interest policy.”

“Line 1a - paul gassel, william bass, michael aaron, and mark pulice served as trustees of the fund without compensation from the fund for those services, however, they were compensated as employees of laborers local 1076 and 1191, which is a contributing employer to the fund and, as such, a "related organization" as theat term is defined in the instructions.”