2024-03-28T20:19:51-04:00 2023-06-30 203920878 BULTYNCK & CO PLLC 15985 CANAL RD CLINTON TOWNSHIP MI 480385021 990 2022-07-01 386156571 KALAMAZOO PLUMBERS & STEAMFITTERS PIPEFITTERS 357 HEALTH & WELFARE PLUM 2696792570 30700 TELEGRAPH ROAD SUITE 2400 BINGHAM FARMS MI 48025 KEVIN WATERSTRADT SECRETARY 5173272131 2024-03-28 true KEVIN WATERSTRADT 999009999 true CHRISTOPHER SCOTT CPAPFS MST P00380614 5862867300 2024-03-28 2022 2023-04-26 12:10:37Z KEVIN WATERSTRADT 7125 SOUTH SPRINKLE ROAD KALAMAZOO MI 49003 17582108 false X WWW.UALOCAL357.COM X 1966 MI TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS AND BENEFICIARIES REPRESENTED BY KALAMAZOO PLUMBERS, STEAMFITTERS, AND PIPEFITTERS LOCAL UNION NO. 357 IN ACCORDANCE WITH THE MULTI-EMPLOYER COLLECTIVE BARGAINING AGREEMENT. 8 5 29 5 0 0 12444532 13646258 354472 317845 860458 586793 13659462 14550896 0 12536831 14250493 15290 24999 0 0 648797 718914 13200918 14994406 458544 -443510 17296602 19048175 6064357 8547510 11232245 10500665 X TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS AND BENEFICIARIES REPRESENTED BY KALAMAZOO PLUMBERS, STEAMFITTERS, AND PIPEFITTERS LOCAL UNION NO. 357 IN ACCORDANCE WITH THE MULTI-EMPLOYER COLLECTIVE BARGAINING AGREEMENT. false false TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS AND BENEFICIARIES REPRESENTED BY KALAMAZOO PLUMBERS, STEAMFITTERS, AND PIPEFITTERS LOCAL UNION NO. 357 IN ACCORDANCE WITH THE MULTI-EMPLOYER COLLECTIVE BARGAINING AGREEMENT. false false false false false false false false false false false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false true false false true 3 0 29 true false false false false false false false false X 8 5 false true false false false false false true true false false true true true true true true false false false X KALAMAZOO PLUMBERS STEAMFITTERS LOCAL UNION NO 357 2696792570 11847 SHAVER ROAD SCHOOLCRAFT MI 49087 RYAN FORD TRUSTEE 1.00 0.00 X 476 1039 498 BENJAMIN SNAPE TRUSTEE 1.00 0.00 X 1359 0 0 FRANK NYKAMP CHAIRMAN 1.00 0.00 X X 924 0 0 AMY JONES TRUSTEE 1.00 0.00 X 0 0 0 ROBERT V GULBRANSON JR TRUSTEE 1.00 0.00 X 0 0 0 STEVE RINGER TRUSTEE 1.00 0.00 X 0 0 0 DEREK ROWE TRUSTEE 1.00 0.00 X 0 0 0 KEVIN WATERSTRADT SECRETARY 1.00 0.00 X X 0 0 0 2759 1039 498 false false false LABOR FIRST LLC 1000 MIDLANTIC DR SUITE 100 MT LAUREL TOWNSHIP NJ 08054 CONSULTING 415282 NOVARA TESIJA & CATENACCI PLLC 888 W BIG BEAVER RD SUITE 600 TROY MI 48084 107174 2 EMPLOYER CONTRIBUTIONS 525100 11829827 11829827 PARTICIPANT CONTRIBUTIONS 525100 1816431 1816431 13646258 501159 501159 2847898 3031212 -183314 -183314 -183314 STOP LOSS REFUNDS 525100 586034 586034 CLASS ACTION SETTLEMENT 525100 759 759 586793 14550896 14233051 317845 14250493 8483 834 15682 423547 110394 18909 24625 81441 16296 2050 1648 8960 2813 WAGE REIMBURSEMENTS LOCAL 20228 PATIENT CENTERED OUTCOME 3908 TIC REPORTING SYSTEM 3150 UARS 945 14994406 0 0 0 974263 1527790 155942 27561 1429190 2044604 91504 91347 14645703 15356873 17296602 19048175 91357 1211510 5973000 7336000 6064357 8547510 X 11232245 10500665 11232245 10500665 17296602 19048175 X -443510 1074930 -1363000 X false true X false false FUTURE BENEFITS BASED ON ACCUMULATED 4968000 CLAIMS INCURRED BUT NOT REPORTED 2368000 7336000 X 13475966 -1074930 -1074930 14550896 14550896 14994406 14994406 14994406 SCHEDULE D, PAGE 3, PART X THE PLAN OBTAINED A FAVORABLE DETERMINATION LETTER ON JUNE 14, 1968, IN WHICH THE INTERNAL REVENUE SERVICE STATED THAT THE PLAN AND RELATED TRUST, AS THEN DESIGNED, WAS IN COMPLIANCE WITH APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE CODE. THE PLAN HAS BEEN AMENDED SINCE RECEIVING THE DETERMINATION LETTER. HOWEVER, THE PLAN ADMINISTRATOR AND THE PLANS LEGAL COUNSEL BELIEVE THE PLAN IS CURRENTLY DESIGNED AND BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE CODE. 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 IF THE PLAN HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE PLAN ADMINISTRATOR BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2020. FORM 990 - ORGANIZATION'S MISSION TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS AND BENEFICIARIES REPRESENTED BY KALAMAZOO PLUMBERS, STEAMFITTERS, AND PIPEFITTERS LOCAL UNION NO. 357 IN ACCORDANCE WITH THE MULTI-EMPLOYER COLLECTIVE BARGAINING AGREEMENT. FORM 990, PAGE 1, PART I, LINE 6 VOLUNTEERS CONSIST OF UNCOMPENSATED BOARD OF TRUSTEE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 3 BOARD OF TRUSTEES HAVE DELEGATED DAILY OPERATIONS OF THE FUND TO A THIRD PARTY ADMINISTRATOR, TIC. FORM 990, PAGE 6, PART VI, LINE 11B THE CPA PREPARES THE FORM 990 AND PRESENTS TO THE BOARD OF TRUSTEES AT THE BOARD MEETING. THE BOARD THEN REVIEWS THE FORM 990 DURING THE MEETING AND, ONCE APPROVED, THE BOARD AUTHORIZES THE FILING OF THE TAX RETURN. FORM 990, PAGE 6, PART VI, LINE 12C BOARD OF TRUSTEES' MEMBERS ARE REQUIRED TO REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. IF A CONFLICT IS IDENTIFIED, IT IS DOCUMENTED AND THE REMAINING BOARD MEMBERS ENSURE THE CONFLICTED MEMBER DOES NOT HAVE ANY INFLUENCE OVER DECISIONS RELATED TO THE INTERESTED PARTY. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 CHANGE IN CLAIMS INCURRED NOT REPORTED -157,000 CHANGE IN ACCUM ELIGIBILITY CREDITS -1,206,000 TOTAL -1,363,000 UNITED ASSOCIATION OF JOURNEYMEN LOCAL UNION NO 357 11847 SHAVER ROAD SCHOOLCRAFT MI 49087 383405395 UNION MI 501C5 N/A false false false false false false false false false false false false false true false false false false false false