2024-04-11T13:22:36-05:00 2023-06-30 910189318 MOSS ADAMS LLP 2882 PROSPECT PARK DR STE 300 RANCHO CORDOVA CA 95670 990 2022-07-01 206722122 COMMUNITY COLLEGE EMPLOYEES BENEFIT TRUST COMM 8334684659 12121 HARBOUR REACH DR 105 MUKILTEO WA 98275 JEFFERY R LLOYD CHAIRPERSON 9166607660 2024-04-08 1 JEFFERY LLOYD 999009999 0 TRACY S PAGLIA P00366884 9165038100 2024-03-28 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JEFFERY R LLOYD 5100 SIERRA COLLEGE BLVD ROCKLIN CA 95677 8961743 0 X N/A X 2004 CA THE TRUST PROVIDES FOR REIMBURSEMENTS TO RETIRED BENEFICIARIES OF HEALTH INSURANCE PREMIUMS AND QUALIFIED MEDICAL EXPENSES PAID BY THE BENEFICIARY. 4 0 0 0 0 0 0 0 762986 818142 1043272 662443 0 0 1806258 1480585 0 0 356827 360766 0 0 0 0 0 167361 204575 524188 565341 1282070 915244 13475901 15069367 10013 11428 13465888 15057939 NONE 0 0 DURING THE CURRENT PLAN YEAR, THE TRUST PROVIDED REIMBURSEMENTS TO 155 ELIGIBLE RETIREES OF HEALTH INSURANCE PREMIUMS AND QUALIFIED MEDICAL EXPENSES PAID BY THE RETIREE. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 2 0 1 0 0 0 0 0 0 0 0 0 X 4 0 0 0 0 0 0 1 1 1 0 1 0 0 1 1 1 1 1 0 0 0 X VIMLY BENEFIT SOLUTIONS INC 8334684659 12121 HARBOUR REACH DR 105 MUKILTEO WA 98275 X JEFFREY R LLOYD CHAIRMAN 1.00 40.00 X X 0 0 0 VICKI DAY TRUSTEE 1.00 40.00 X 0 0 0 JULIE HOLCOMB TRUSTEE 1.00 40.00 X 0 0 0 KATHERINE LUCERO TRUSTEE 1.00 40.00 X 0 0 0 0 0 0 0 0 0 0 0 EMPLOYER CONTRIBUTIONS 900099 445334 445334 PARTICIPANT CONTRIBUTIONS 900099 372808 372808 818142 369975 369975 7773626 7481158 292468 292468 292468 1480585 818142 0 662443 X 360766 27542 26228 28123 114741 7858 GOVERNMENT FEES 83 565341 251307 252323 484187 0 0 1083 12740407 14815961 13475901 15069367 10013 11428 10013 11428 X 13465888 15057939 0 0 0 0 13465888 15057939 13475901 15069367 915244 676807 0 X X 0 1 X 1 0 0 X 2129269 676807 676807 1452462 28123 28123 1480585 537218 0 537218 28123 28123 565341 PART X, LINE 2: IN ACCORDANCE WITH GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, MANAGEMENT EVALUATED THE PLAN'S TAX POSITIONS AND DOES NOT BELIEVE THE PLAN HAS ANY UNCERTAIN TAX POSITIONS THAT REQUIRE DISCLOSURE OR ADJUSTMENT TO THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. FORM 990, PART VI, SECTION A, LINE 7A THE TRUST AGREEMENT PROVIDES THAT TWO OF THE FOUR TRUSTEES ARE ELECTED BY THE MEMBERS OF THE PARTICIPATING LABOR ORGANIZATIONS. THE REMAINING TWO TRUSTEES ARE APPOINTED BY THE BOARD OF DIRECTORS OF THE PARTICIPATING LABOR ORGANIZATIONS. FORM 990, PART VI, SECTION A, LINE 7B THE TRUST AGREEMENT RESERVES LIMITED AUTHORITY FOR THE PLAN SPONSOR TO MAKE DECISIONS REGARDING CHANGES TO THE COMPOSITION OF THE BOARD OF TRUSTEES AND TO RECEIVE NOTICE OR APPROVE OF MERGERS, TERMINATIONS AND TRUST AGREEMENT AMENDMENTS. FORM 990, PART VI, SECTION A, LINE 8B THE TRUST HAS NO SEPARATE COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B THE CHAIRPERSON OF THE TRUST READS FORM 990 FOR COMPLETENESS AND ACCURACY AND COMPARES TO THE TRUST'S AUDITED FINANCIAL STATEMENTS FOR CONSISTENCY, BEFORE SIGNING AND FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES MEETS REGULARLY TO REVIEW AND MONITOR TRUST ACTIVITIES. ALL BOARD MEMBERS ARE COVERED BY THE CONFLICT OF INTEREST POLICY. BOARD MEMBERS SHALL SUBMIT A DISCLOSURE FORM TO THE BOARD, IF ANY MEMBER DECIDES HE OR SHE MAY HAVE A CONFLICT OF INTEREST. THE MEMBER WILL BE EXCUSED FROM THE MEETING WHILE THE BOARD DETERMINES IF THERE IS A CONFLICT OF INTEREST. THERE HAVE BEEN NO INCIDENCES OF ANY CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE TRUST HAS NO EMPLOYEES. THE TRUST DOES NOT PAY COMPENSATION TO ANY TRUSTEES OR OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 THE TRUST'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. THE TRUST'S SUMMARY ANNUAL REPORT IS PROVIDED TO PARTICIPANTS ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 14: THE TRUST'S DOCUMENT RETENTION AND DESTRUCTION POLICY IS COVERED IN THE ARTICLE VI, SECTION 11 OF THE TRUST AGREEMENT. FORM 990, PART VI, SECTION B, LINE 13: THE TRUST'S WHISTLEBLOWER POLICY IS COVERED IN THE ARTICLE VI, SECTION 15 OF THE TRUST AGREEMENT. FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC JEFFREY R. LLOYD - 5100 SIERRA COLLEGE BLVD, ROCKLIN, CA 95677. VICKI DAY - 250 SIERRA COLLEGE DRIVE, GRASS VALLEY, CA 95945. JULIE HOLCOMB - 250 SIERRA COLLEGE DRIVE, GRASS VALLEY, CA 95945. KATHERINE LUCERO - 5100 SIERRA COLLEGE BLVD, ROCKLIN, CA 95677. FORM 990, PART VII, SECTION A , LINE 1A, BOX (F): THE TRUST DOES NOT HAVE INFORMATION REGARDING THE COMPENSATION RECEIVED BY THE TRUSTEES FROM THE SIERRA COMMUNITY COLLEGE DISTRICT (THE COLLEGE). THE MEMBERS OF THE BOARD OF TRUSTEES ARE PAID EMPLOYEES OF THE COLLEGE, AND RECEIVE ALL THEIR COMPENSATION SOLELY CONNECTED TO THEIR POSITIONS AS EMPLOYEES OF THE COLLEGE. IN THEIR ROLE AS TRUSTEES, THEY ARE FIDUCIARIES AND SUBJECT TO LEGAL PROHIBITIONS AGAINST SELF-DEALING. THEY SERVE ON A VOLUNTEER BASIS AS TRUST FIDUCIARIES; THEY DO NOT RECEIVE ANY ADDITIONAL COMPENSATION FROM THE COLLEGE OR ANY OTHER PARTY FOR THEIR SERVICES ON THE BOARD OF TRUSTEES. FURTHER, THE TRUST HAS A CONFLICT OF INTEREST POLICY, WHICH REQUIRES TRUSTEES TO DISCLOSE ANY FINANCIAL ARRANGEMENTS THAT WOULD CREATE A CONFLICT OF INTEREST. SECTION 7(A) OF THE CONFLICT OF INTEREST POLICY OF THE TRUST, EFFECTIVE DECEMBER 4, 2009, PROVIDES THAT: TRUSTEES SHALL SUBMIT A SIGNED CONFLICT OF INTEREST DISCLOSURE AND CONFIDENTIALITY FORM TO THE BOARD AND UPDATE THAT FORM ANNUALLY AS NEEDED. TRUSTEES MUST DISCLOSE ALL POTENTIAL CONFLICTS OF INTEREST IN CONNECTION WITH ANY BOARD OR COMMITTEE DECISION. TRUSTEES SHALL MAKE ALL DISCLOSURES UNDER THIS POLICY TO THE BEST OF THEIR KNOWLEDGE AND BELIEF. NOTE ALSO THAT THE DISCLOSURE OF COMPENSATION REQUESTED ON THE FORM 990 WOULD CAUSE ADDITIONAL ADMINISTRATIVE BURDEN BY REQUIRING THE TRUST TO COLLECT THIS INFORMATION ANNUALLY, SINCE THE TRUSTEES' COMPENSATION AS EMPLOYEES OF THE COLLEGE VARIES FROM YEAR TO YEAR, AND FROM TRUSTEE TO TRUSTEE. FINALLY, AND VERY IMPORTANTLY, THE FORM 990 IS PUBLIC INFORMATION. IT IS LIKELY THAT REQUIRING THE DISCLOSURE OF COMPENSATION WILL DISSUADE EMPLOYEES OF THE COLLEGE FROM VOLUNTEERING TO SERVE ON THE BOARD. THE TRUST WOULD THEN HAVE TO SPEND TRUST ASSETS TO HIRE A PROFESSIONAL TRUSTEE. PLEASE CONTACT THE TRUST OFFICE IF YOU WOULD LIKE FURTHER INFORMATION, AND/OR WOULD LIKE TO DISCUSS THIS FURTHER. THE TRUSTEES WANT TO BE COOPERATIVE WITH THE IRS, BUT REQUESTING THIS COMPENSATION INFORMATION IS PROBLEMATIC FOR THE REASONS STATED ABOVE. FORM 990, PART IX, LINE 11G THIRD PARTY ADMINISTRATOR FEES 86,281. ACTUARIAL EXPENSE 28,460. FORM 990, PART XI, LINE 2C: THE BOARD OF TRUSTEES ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS. THERE IS NO SEPARATE AUDIT COMMITTEE. SIERRA COMMUNITY COLLEGE DISTRICT 5100 SIERRA COLLEGE BLVD ROCKLIN CA 95677 946031260 COMMUNITY EDUCATION INSTITUTION CA N/A N/A 0 FEDERATION OF UNITED SCHOOL EMPLOYEES LOCAL 1212 5100 SIERRA COLLEGE BLVD ROCKLIN CA 95677 521357743 LABOR UNION CA 501(C)(5) N/A N/A 0 SIERRA COLLEGE FACULTY ASSOCIATION 5100 SIERRA COLLEGE BLVD ROCKLIN CA 95677 680008035 LABOR UNION CA 501(C)(5) N/A N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1