2024-01-26T15:37:34-06:00 2023-03-31 990155373 LEMKE CHINEN & TANAKA CPA INC 500 ALA MOANA BLVD BLDG 2 302 HONOLULU HI 96813 990 2022-04-01 996017123 HAWAII INSULATORS HEALTH AND WELFARE PLAN HAWA 8084418600 1440 KAPIOLANI BLVD 800 HONOLULU HI 96814 DOUGLAS FULP RONALD LABANON LABOR TRUSTEE / MANAGEMENT TRUSTEE 8084418600 2024-01-23 DOUGLAS FULP RONALD LABANON 999009999 0 TERRY TAKAKI P00036112 8085336254 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DOUGLAS FULP RONALD LAB 1440 KAPIOLANI BLVD SUITE 800 HONOLULU HI 96814 6643876 0 X N/A X 1968 HI TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS OF EMPLOYERS SIGNATORY TO THE COLLECTIVE BARGAINING AGREEMENT. THIS PLAN IS A MULTI-EMPLOYER PLAN. 6 0 0 0 0 0 0 0 1164639 1425587 147591 48584 0 0 1312230 1474171 0 0 1470073 1406096 0 0 0 0 0 192923 195795 1662996 1601891 -350766 -127720 5675672 5599042 906 87748 5674766 5511294 TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS OF EMPLOYERS SIGNATORY TO THE COLLECTIVE BARGAINING AGREEMENT. 0 0 1246768 TO PROVIDE MEDICAL BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS BY PAYING INSURANCE PREMIUMS AND SELF-INSURED CLAIMS. (MEDICAL - $1,242,497; SELF-INSURED VISION CLAIMS - $4,271) 103884 TO PROVIDE DENTAL BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS BY PAYING INSURANCE PREMIUMS. 55444 TO PROVIDE LIFE AND LONG-TERM CARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS BY PAYING INSURANCE PREMIUMS. (TDI - $29,046; LONG TERM CARE - $13,747; LIFE - $11,987; MEDICARE PART D - $664) 1406096 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 X 6 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 X PACIFIC ADMINISTRATORS INC 8084418600 1440 KAPIOLANI BLVD SUITE 800 HONOLULU HI 96814 X X CHAD MORALES MANAGEMENT TRUSTEE - ALT 0.50 X 0 0 0 GARY SILVA MANAGEMENT TRUSTEE 0.50 X 0 0 0 ROSS INOUYE MANAGEMENT TRUSTEE 0.50 X 0 0 0 RONALD LABANON JR MANAGEMENT TRUSTEE 0.50 X 0 0 0 ANDREW FORTUNO LABOR TRUSTEE 0.50 X 0 0 0 DOUGLAS FULP LABOR TRUSTEE 0.50 X 0 0 0 TROY EBALAROZA LABOR TRUSTEE - ALT 0.50 X 0 0 0 STEVE FORTUNO JR LABOR TRUSTEE 0.50 X 0 0 0 0 0 0 0 0 0 0 0 EMPLOYER CONTRIBUTIONS 900099 1410278 1410278 EMPLOYEE CONTRIBUTIONS 900099 14254 14254 COBRA SUBSIDY 900099 1055 1055 1425587 136761 136761 5081528 5169705 -88177 -88177 -88177 1474171 1425587 0 48584 1406096 68394 7127 24932 18216 56174 3036 10457 6159 DATA PRESERVATION FEES 1300 1601891 92398 664700 659001 113439 130317 4865378 4683219 32155 34107 5675672 5599042 906 38700 0 49048 906 87748 X 5674766 5511294 0 0 0 0 5674766 5511294 5675672 5599042 -127720 -35752 0 X X 0 1 X 1 0 0 DUE TO BROKER FOR SECURITIES PURCHASED 49048 49048 X 1420203 -35752 -35752 1455955 18216 18216 1474171 1583675 0 1583675 18216 18216 1601891 PART X, LINE 2: EXPLANATION: THE AUDITED FINANCIAL STATEMENTS CONTAIN THE FOLLOWING DISCLOSURE PERTAINING TO FIN 48 (ASC 740) "THE PLAN HAS RECEIVED AN EXEMPTION LETTER FROM THE IRS DATED AUGUST 27, 1970, STATING THAT THE TRUST ESTABLISHED UNDER THE PLAN WAS IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE PROVISIONS OF SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE (IRC). NO FEDERAL OR STATE TAXES HAVE BEEN RECORDED IN 2023 FOR UNRELATED BUSINESS TAXABLE INCOME. THE PLAN AND TRUST ARE REQUIRED TO OPERATE IN CONFORMITY WITH THE IRC TO MAINTAIN THE TAX-EXEMPT STATUS OF THE TRUST. THE PLAN ADMINISTRATOR BELIEVES THAT THE PLAN IS BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC AND, THEREFORE, BELIEVES THAT THE RELATED TRUST WAS TAX-EXEMPT AS OF THE FINANCIAL STATEMENTS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF IT HAS TAKEN AN UNCERTAIN POSITION THAT MORE THAN LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIOD IN PROGRESS. THE BOARD OF TRUSTEES HAVE NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS AS OF MARCH 31, 2023 AND 2022." FORM 990, PART VI, SECTION B, LINE 11B ONE MANAGEMENT AND ONE LABOR TRUSTEE REVIEWS AND SIGNS THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C REVIEWS POLICY AND DISCUSSES ANY ARISING ISSUES/QUESTIONS WITH LEGAL COUNSEL. TRUSTEES ARE ASKED TO DISCLOSE ANY CONFLICTS OF INTEREST ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VII, SECTION A THE ORGANIZATION WAS UNABLE TO OBTAIN OR ESTIMATE AND REPORT THE COMPENSATION FROM INDIVIDUALS OF RELATED ORGANIZATION(S) AFTER MAKING A REASONABLE EFFORT TO SECURE SUCH INFORMATION. FORM 990, PART XII, LINE 2C THE BOARD OF TRUSTEES SELECT AN INDEPENDENT AUDITOR. THE ADMINISTRATOR, ONE MANAGEMENT TRUSTEE REPRESENTATIVE, AND ONE UNION TRUSTEE REPRESENTATIVE REVIEW AND APPROVE THE FINANCIAL STATEMENTS. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. HAWAII INSULATORS PENSION PLAN 1440 KAPIOLANI BLVD SUITE 800 HONOLULU HI 96814 516103706 PROVIDE PENSION BENEFITS TO ELIGIBLE PARTICIPANTS HI 401(A) N/A 0 HAWAII INSULATORS SUPPLEMENTAL PENSION PLAN 1440 KAPIOLANI BLVD SUITE 800 HONOLULU HI 96814 990206924 PROVIDE SUPPLEMENTAL PENSION BENEFITS TO ELIGIBLE PARTICIPANTS HI 401(A) N/A 0 HAWAII INSULATORS SUPPLEMENTAL UNEMPLOYMENT BENEFITS PLAN 1440 KAPIOLANI BLVD SUITE 800 HONOLULU HI 96814 990208030 PROVIDE SUPPLEMENTAL UNEMPLOYMENT BENEFITS TO ELIGIBLE PARTICIPANTS HI 501(C)(9) N/A 0 HAWAII INSULATORS TRAINING PLAN 1440 KAPIOLANI BLVD SUITE 800 HONOLULU HI 96814 237108342 PROVIDE TRAINING BENEFITS TO ELIGIBLE PARTICIPANTS HI 501(C)(5) N/A 0 HAWAII INSULATORS VACATION & HOLIDAY PLAN 1440 KAPIOLANI BLVD SUITE 800 HONOLULU HI 96814 990167566 PROVIDE VACATION & HOLIDAY BENEFITS TO ELIGIBLE PARTICIPANTS HI 501(C)(9) N/A 0 HAWAII INSULATION INDUSTRY IMPROVEMENT FUND 1188 BISHOP STREET SUITE 1003 HONOLULU HI 96813 571136722 TO IMPROVE THE INSULATION INDUSTRY THROUGH PROGRAMS SUCH AS EDUCATION HI 501(C)(6) N/A 0 SEE SCHEDULE R SUPPLEMENTAL INFORMATION SEE SCHEDULE R SUPPLEMENTAL INFORMATION SEE SCHEDULE R SUPPLEMENTAL INFORMATION 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 FORM 990, SCHEDULE R THE FILING ORGANIZATION IS A TAFT-HARTLEY MULTIEMPLOYER PLAN THAT PROVIDES HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS. THE ADMINISTRATOR'S OFFICE MAINTAINS A DATABASE OF THESE CONTRIBUTING EMPLOYERS INCLUDING NAMES, ADDRESSES, AND OTHER CONTACT INFORMATION. HOWEVER, THE LEGAL STRUCTURE (CORPORATION, PARTNERSHIP, ETC.) FOR EACH CONTRIBUTING EMPLOYER IS NOT ON FILE WITH THE ADMINISTRATIVE OFFICE AND COULD NOT BE REASONABLY OBTAINED. AS A RESULT, THE CONTRIBUTING EMPLOYERS COULD NOT BE SEPARATED BY TYPE OF ORGANIZATION. HOWEVER, THEY ARE LISTED BELOW: ACUTRON, LLC. ALOHA STATE INSULATION LLC BRANDSAFWAY SERVICES, LLC INTERNATIONAL ASSOCIATION OF HEAT & FROST INSULATION & ALLIED WORKERS LOCAL 132 INSULATORS TRAINING TRUST FUND INSULATORS, INC. ISLAND INSULATION KR SERVICES, LLC R&L OHANA INSULATION, INC.