Screen Actors Guild-Producers Health Plan

“Certain trustees serve as board members, officers or key employees of the screen actors guild-american federation of television and radio artists and the alliance of motion picture and television producers; and have business relationships with the filling organization since they also serve as trustees on the board of the filing organization.”

“The board shall consists of forty (40) plan trustees. Of these, twenty (20) shall be employer trustees and twenty (20) shall be union trustees. Union trustees shall be appointed by sag-aftra. Employer trustees shall be appointed by employer appointers as follows: ten (10) employer trustees shall be appointed by the amptp, five (5) employer trustees shall be appointed by the jpc, one (1) employer trustee shall be appointed by the record company appointers jointly and four (4) employer trustees shall be appointed by the network appointers (with one (1) appointee for each network appointer). The board shall be the named fiduciary of the plan.”

“The form 990 is reviewed by the cfo and controller of the sag-producers funds.”

“The health plan is covered by the employee retirement income security act of 1974 ("erisa") and as such all of the conflict of interest rules under erisa are contained in the health plan. Thus, no separate conflict of interest policy needs to be adopted.”

“The chief executive officer's ("ceo") compensation is determined by the board of trustees, which is comprised of trustees from both the producers and sag-aftra. Increases are predetermined based on a contractual agreement. All plan salaries, with the exception of the ceo, are periodically examined by an independent, outside compensation consultant. Employee salaries are within a predetermined range for similar positions compared to industry standards for each position.”

“The organization complies with all requirements under federal law, including the tax code and the employee retirement income security act of 1974. Plan participants have access to all governing documents, policies and financial statements upon request. The general public has access to many documents through its annual filings with various agencies of the us government that may be accessed directly from their websites.”

“The health paln is related to a group of jointly administered not-for-profit organizations. Since the organization's co-exist at the same premises, they utilize each other's resources, equipment, and personnel. Salaries and certain administrative expenses are paid by a related organization based on predeterrmined percentages. All personnel are reported under the related organization's name and federal employer identification number. The health plan does not file federal employment tax returns under its own federal ein.”

“The organization does not have a separate audit committee. The board of trustees has the responsibility for oversight of the audit and the selection of the independent accountants.”