2024-07-30T08:51:27-07:00 2023-09-30 990 2022-10-01 115219005 DENTAL BENEFITS PLAN OF THE ELEVATOR INDUSTRY DENT 7185912000 158-11 Harry Van Arsdale Jr Ave Flushing NY 11365 Humberto Restrepo Chairman 7185912000 2024-07-30 1 2022 2024-08-08 14:25:15Z Humberto J Restrepo 158-11 HARRY VAN ARSDALE JR AVENUE FLUSHING NY 11365 3682607 0 X WWW.JIBEI.ORG X 1981 NY The Plan has as its principal activity the collection and investment of contributions received from elevator contractors ("Participating Employers") for the purpose of providing group dental benefits to members of Local Union No. 3 of the International Brotherhood of Electrical Workers, AFL-CIO. 6 0 0 6 0 0 0 0 1741983 2774003 153545 86486 0 0 1895528 2860489 0 0 2488674 2628286 0 0 0 0 0 221426 226261 2710100 2854547 -814572 5942 2708459 2752111 242012 255018 2466447 2497093 Provide dental benefits to members of the Elevator Industry. 0 0 To provide dental benefits to members of the Elevator Industry. 0 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 X 6 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 X JOINT INDUSTRY BOARD OF THE ELECTRICAL INDUSTRY 7185912000 158-11 Harry Van Arsdale Jr Ave Flushing NY 11365 John Marcato Board Member 1 1 X 0 0 0 Robert Martin Board Member 1 1 X 0 0 0 Jack Morgan Jr Board Member 1 1 X 0 0 0 Jerry Marini Board Member 1 1 X 0 0 0 Lance Van Arsdale Board Member 1 1 X 0 0 0 Robert Olenick Board Member 1 1 X 0 0 0 0 0 0 0 0 0 0 0 0 EMPLOYER'S CONTRIBUTIONS 230000 2740374 2740374 0 0 OTHER CONTRIBUTIONS 230000 33629 33629 0 0 0 0 0 0 2774003 58604 0 0 58604 0 0 0 0 0 0 0 0 0 0 850000 0 822118 0 27882 0 27882 0 0 27882 0 2860489 2774003 0 86486 2628286 29 CLAIM PROVIDER FEES 73190 ADMINISTRATIVE AND RECORDKEEPING EXPENSES 153042 2854547 0 0 0 102357 294876 181600 299364 2421127 2153279 3375 4592 2708459 2752111 12012 1018 230000 254000 242012 255018 X 0 0 0 0 2466447 2497093 2466447 2497093 2708459 2752111 X 5942 48704 0 0 0 -24000 X X 0 1 X 1 0 0 CLAIMS PAYABLE, CLAIMS INCURRED BUT NOT PAID OR REPORTED AND PREMIUMS DUE TO INSURERS 254000 254000 X 2909193 48704 0 0 0 48704 2860489 0 0 0 2860489 2854547 0 0 0 0 0 2854547 0 0 0 2854547 Schedule D, Part X, Line 2 MANAGEMENT EVALUATED ALL OF THE PLAN'S TAX POSITIONS FOR ALL OPEN YEARS AND HAS CONCLUDED THAT THE PLAN HAS TAKEN NO UNCERTAIN TAX POSITONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. Form 990, Part I, Line 22 THE PLAN ALSO RECORDS BENEFIT OBLIGATIONS WHICH ARE PRESENTED IN SEPARATE STATEMENTS WITHIN THE AUDITED FINANCIAL STATEMENTS. THE TOTAL POST-RETIREMENT BENEFIT OBLIGATION AS OF SEPTEMBER 30, 2023 WAS $14,938,803 Form 990, Part VI, Section B, Line 11b THE PLAN'S BOARD OF TRUSTEES APPROVES ALL FINANCIAL STATEMENTS INFORMATION INCLUDED IN THE FORM 990 (THE FUND'S AUDITED SEPTEMBER 30, 2023 FINANCIAL STATEMENTS WERE APPROVED BY THE BOARD OF TRUSTEES). IN ADDITION, THE BOARD APPROVES ALL SIGNIFICANT TRANSACTIONS THAT IMPACT THE PLAN. Form 990, Part VI, Section C, Line 19 THE PLAN MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO ALL ITS MEMBERS. THIS IS COMMUNICATED IN VARIOUS MANNERS. (SUMMERY ANNUAL REPORTS, INTERNAL AND EXTERNAL WEBSITE, ETC). THE PLAN'S FINANCIAL STATEMENTS ARE ALSO FILED WITH ITS FORM 5500. Form 990, Part XI, Line 9 THE FIGURE REPRESENTS CHANGE IN BENEFIT OBLIGATIONS FROM PRIOR YEAR. Form 990, Part XII, Line 2c THE FINANCE COMMITTEE EVALUATES AND RECOMMENDS THE INDEPENDENT ACCOUNTANT FOR THE PLAN. Joint Industry Board Of The Electrical Industry 158-11 Harry Van Arsdale Jr Avenue Flushing NY 11365 130891035 Supervision and administration of various benefit funds NY 501(c)(5) Not applicable 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 Joint Industry Board Of The Electrical Industry m 0 THIS TRANSACTION TYPE IS PART OF THE TOTAL ALLOCATED EXPENSE CHARGED TO THE DENTAL PLAN OF THE ELEVATOR INDUSTRY BY THE JOINT INDUSTRY BOARD OF THE ELECTRICAL INDUSTRY FOR THE 2022 FISCAL YEAR. SEE PART V LETTER P FOR DETAILS. Joint Industry Board Of The Electrical Industry n 0 THIS TRANSACTION TYPE IS PART OF THE TOTAL ALLOCATED EXPENSE CHARGED TO THE DENTAL PLAN OF THE ELECTRICAL INDUSTRY BY THE JOINT INDUSTRY BOARD OF THE ELECTRICAL INDUSTRY FOR THE 2022 FISCAL YEAR. SEE PART V LETTER P FOR DETAILS. Joint Industry Board Of The Electrical Industry p 140505 THIS AMOUNT WAS ALLOCATED EXPENSES CHARGED TO THE PLAN BY THE JOINT INDUSTRY BOARD OF THE ELECTRICAL INDUSTRY FOR THE 2022 FISCAL YEAR.