2024-08-28T19:05:56-05:00 2023-12-31 842885766 ROMOLO & ASSOCIATES LLC 1700 W LUTHY DRIVE PEORIA IL 61615 990 2023-01-01 376031467 LABORERS LOCAL #231 HEALTH & WELFARE FUND LABO 3093477519 PO BOX 374 PEKIN IL 61554 GARY L SCIORTINO PLAN ADMINISTRATOR 3093477519 2024-08-28 1 0 KRISTIN ROMOLO P01381270 3096822001 2024-08-27 2023 2024-08-08 14:25:15Z GARY L SCIORTINO PO BOX 374 PEKIN IL 61554 13959470 0 X N/A X 1960 IL TO PROVIDE HEALTH, DENTAL & LIFE BENEFITS 8 8 2 0 0 0 0 0 5392369 6121389 112087 476037 213649 265015 5718105 6862441 0 0 5233688 5596775 353478 365308 0 0 0 296637 293588 5883803 6255671 -165698 606770 17194210 18801930 917461 782303 16276749 18019627 TO PROVIDE HEALTH, DENTAL & LIFE BENEFITS 0 0 TO PROVIDE HEALTH, DENTAL & LIFE BENEFITS 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 2 0 2 1 0 0 0 0 0 0 0 0 X 8 8 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 X GARY L SCIORTINO 3093477519 2503 BROADWAY PEKIN IL 61554 BILL AUPPERLE TRUSTEE 1.00 X 0 0 0 STEVE SCHROEDER TRUSTEE 1.00 X X 0 0 0 TERRY BAUM TRUSTEE 1.00 X 0 0 0 MIKE CULLINAN PAST TRUSTEE 1.00 X 0 0 0 SPENCER SMITH TRUSTEE 1.00 X 0 0 0 FRANK SCIORTINO TRUSTEE 1.00 X 0 0 0 BRANDON FOGLER TRUSTEE 1.00 X 0 0 0 KIRK BELLESS TRUSTEE 1.00 X 0 0 0 ALLAN CULLINAN TRUSTEE 1.00 X 0 0 0 GARY SCIORTINO PLAN ADMINISTRATOR 40.00 X 113158 0 98030 113158 0 98030 1 0 1 0 0 EMPLOYER CONTRIBUTIONS 900099 6077730 6077730 PARTICIPANT CONTRIBUTIONS 900099 43659 43659 6121389 520029 520029 7053037 7097029 -43992 -43992 -43992 EXPENSES REIMBURSED 900099 157333 157333 SERVICE FEES CHARGED 900099 65537 65537 OTHER INCOME 900099 42145 42145 265015 6862441 6386404 0 476037 5596775 208300 60000 61782 21670 13556 21000 17500 31875 57219 71333 6666 1784 12372 26191 BCBS ADMINISTRATIVE FEE 34769 PRICE COMPARISON TOOL I 6701 AUTO EXPENSE 2417 PCORI FEE 2313 1448 6255671 50 50 1561886 1827707 894437 660606 20843 23915 459282 382634 54667 76648 13111949 14584924 1550378 1628080 17194210 18801930 76790 226431 3250 3364 837421 552508 917461 782303 X 16276749 18019627 16276749 18019627 17194210 18801930 606770 1136108 0 X 0 1 X 1 0 174545 133224 41321 0 58951 52877 6074 225786 196533 29253 76648 POOLED SEPARATE ACCOUNT 1628080 F 1628080 CLAIMS INCURRED BUT NOT REPORTED 486800 DUE TO AFFILIATES 65708 552508 X 7966674 1136108 1136108 6830566 31875 31875 6862441 6455796 0 6455796 31875 -232000 -200125 6255671 PART X, LINE 2: THE TRUST ESTABLISHED UNDER THE PLAN TO HOLD THE PLAN'S ASSETS IS INTENDED TO QUALIFY PURSUANT TO SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE (IRC), AND, ACCORDINGLY, THE TRUST'S NET INVESTMENT INCOME IS EXEMPT FROM INCOME TAXES. THE PLAN WAS ESTABLISHED PRIOR TO 1984 AND WAS NOT REQUIRED TO OBTAIN AN IRS DETERMINATION LETTER. THE TRUST HAS BEEN AMENDED AND THE PLAN ADMINISTRATOR AND THE BOARD OF TRUSTEES BELIEVE THAT THE TRUST, AS AMENDED, CONTINUES TO QUALIFY AND TO OPERATE IN ACCORDANCE WITH APPLICABLE PROVISIONS OF THE IRC. THE TOTAL AMOUNTS OF INTEREST AND PENALTIES RECOGNIZED IN THE STATEMENTS OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS AND THE TOTAL AMOUNTS OF INTEREST AND PENALTIES RECOGNIZED IN THE STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS ARE $0. 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 THE PLAN HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2023 AND 2022, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN 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. THE PLAN HAS NEVER HAD UNRELATED BUSINESS INCOME TAX (UBIT) NOR HAS IT FILED THE FORM 990-T. THEREFORE, ALL TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES RELATED TO UBIT. PART XII, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN CLAIMS INCURRED BUT NOT REPORT -232,000. 0 0 0 GARY SCIORTINO PLAN ADMINISTRATOR 113158 0 0 0 0 0 76360 0 21670 0 211188 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 A FAMILY RELATIONSHIP EXISTS. FORM 990, PART VI, SECTION B, LINE 11B THE PLAN ADMINISTRATOR REVIEWS THE FORM 990 AFTER THE AUDITOR PREPARES THE FORM. HE THEN SIGNS THE FORM 8879-TE AND MAILS THAT FORM TO THE AUDITOR, WHO THEN ELECTRONICALLY FILES THE FORM 990. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST LABORERS LOCAL #231 PENSION FUND PO BOX 374 PEKIN IL 61554 376040563 PENSION FUND IL 401(A) 0 LABORERS LOCAL #231 ANNUITY FUND PO BOX 374 PEKIN IL 61554 371230607 ANNUITY FUND IL 501(A) 0 BOARD OF TRUSTEES - SEE PAGE 7 FOR INDIVIDUALS SEE PART VI ABBEY PAVING & SEALCOATING ABM MASONRY ACCESS CONTROL CO INC AFE CONSTRUCTION ALL MASONRY CONSTR CO INC ALLEN PRESTWOOD CONCRETE CONST INC ALLIED CONSTRUCTION SERVICES AMERICAN ASPHALT SURFACE RECYCLING B & D OUTDOORS INC BARTON MALOW COMPANY B E B EXCAVATING INC BEER BROS CONCRETE CUTTING & CORING BENIACH CONSTRUCTION CO INC BLACKHAWK FOUNDATION CO INC BLANKENSHIP CONSTRUCTION CO BRAND SAFWAY INDUSTRIES LLC BROCK INDUSTRIAL SERVICES LLC BYRNE & JONES CONSTRUCTION C&G CONCRETE CONSTR CO INC CJL LANDSCAPING INC CAD CONSTRUCTION CASPER CONSTRUCTION INC CENTRAL LANDSCAPING CENTRAL LABORERS1 PWAF CHICAGO AND VICINITY FUNDS CLEVENGER CONTRACTORS INC COBRA CONCRETE CUTTING COLLINS & HERMANN INC COMPLETE ASPHALT SERVICE CO CONCRETE CUTTING & BREAKING CO CONSTRUCTION LABORERS BENEFIT OFFICE CONSTRUCTION INDUSTRY LABORERS1 FUND CONTINENTAL PIPELINE SERVICES CONTRACTORS RENTAL CORPORATION CORE CONSTRUCTION SERVICES OF IL COUNTY CONTRACTORS INC DIAMOND CONSTRUCTION CO DUNN COMPANY EARTH CARE UNLIMITED INC F & W LAWN CARE FISCHER EXCAVATING INC FOCAL POINTE OF ST LOUIS LLC FOX VALLEY LABORERS FREEHILL ASPHALT INC FREESEN INC G M SIPES CONSTRUCTION INC GA RICH & SONS INC GENSINI EXCAVATING INC GIVSCO CONSTRUCTION GREAT WESTERN ABATEMENT INC GUNTHER CONSTRUCTION CO HAYDEN WRECKING CORPORATION HAYES MECHANICAL HEIN CONSTRUCTION CO INC HENKELS & MCCOY INC HOERR CONSTRUCTION INC HOHULIN BROS FENCE HOOD CONSTRUCTION GROUP MIDWEST LLC HUNTER MODULAR CONSTRUCTION I & I CONSTRUCTION CO ILLINOIS FOREST PRODUCTS CO ILLINOIS VALLEY PAVING CO ILLINOIS CIVIL CONTRACTORS INC ILLINOIS DEPARTMENT OF TRANSPORTATIO INTERCON CONSTRUCTION INC IRONHUSTLER EXCAVATING INC JC DILLON INC JJ BRAKER & SONS INC JL NELSON CONSTRUCTION JAYNE EXCAVATING & WELDING LLC JD TRAFFIC INC JIMAX CORP JOHNSON BROS CORPORATION JP BURNS EXCAVATING INC KE VAS COMPANY KEEN CO INC KEMPER CONSTRUCTION INC KNAPP CONCRETE CONTRACTORS KS ENERGY SERVICES L KEELEY CONSTRUCTION LABORERS1 LOCAL #231 H&W LABORERS' LOCAL 231 LAVERDIERE CONST INC LEANDER LAND CO INC LETOURNEAU ENTERPRISES LLC M & M CONCRETE INC MA MORTENSON CO MR MASON CONTRACTOR MAYER LANDSCAPING INC MCCARTHY IMPROVEMENT COMPANY MEADE ELECTRIC COMPANY MERIT CONSTRUCTION INC MICHEL BROS MASONRY INC MICHELS PIPELINE CONST INC MICHELS CORPORATION MICHUDA CONSTRUCTION MID-ILLINOIS COMPANIES MID-STATES CONCRETE INDUSTRIES MIDWEST CONSTR SERVICES MIDWEST FENCE CORP MIDWESTERN CONTRACTORS MILLER & SON CONSTR CO MILLER ENTERPRISE GROUP LLC NE FINCH CO NORTH CENTRAL IL HEALTH & WELFARE NORTHERN IL AND IA LABORERS H&W NPL CONSTRUCTION CO ORDAZ CONSTR CO INC OTIS MINNESOTA SERVICES LLC OTTO BAUM COMPANY INC P & P CONSTRUCTION PJ HOERR INC PENN LANDSCAPING PEORIA METRO CONSTR INC PETERSBURG PLUMBING AND EXCAVATING PHOENIX CORP PLOCHER CONSTRUCTION CO INC PORTER BROTHERS ASPHALT PRECISION PIPELINE LLC PRECISION ENVIRONMENTAL PREFERRED CONCRETE & EXCAVATING INC PRICE GREGORY INTERNATIONAL QUALITY SPOT REPAIR INC RA CULLINAN & SON INC RG CONSTRUCTION REAGAN TRAFFIC CONTROL RECIPROCITY TRANSFER REES CONSTRUCTION CO RIVER CITY CONSTR CO ROAD SAFE TRAFFIC SYSTEMS INC RUPP MASONRY CONSTRUCTION CO BERGANT CONSTRUCTION SHEET PILING SERVICES SOUTHERN IL HWAF SPIRTAS WRECKING CO STAAB TREE SERVICE STARK EXCAVATING INC SUMMIT CIVIL SERVICES LLC SUMMIT MASONRY & STONEWORKS KESSOR ENTERPRISES LTD TABITHA VENTURES TAZEWELL COUNTY ASPHALT CO TERRA5 CONSTRUCTION LLC THE PIPCO COMPANIES LTD THORNTON RAVE CONSTRUCTION LLC TOBIN BROTHERS INC TRAFFIC MANAGEMENT INC TRAFFIC CONTROL & PROTECTION UNITED PIPING INC URBAN INDUSTRIAL INC WL MILLER WALKER EXCAVATING CO INC WARNING LITES OF SOUTHERN ILLINOIS WATERKOTTE CONSTRUCTION INC WESTERN ASPHALT INC WHITE CONSTRUCTION INC WILKIN INSULATION CO WILLIAMS BROS CONSTR INC WISCONSIN LABORERS FRINGE BENEFIT FU WM AUPPERLE & SONS INC 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 LABORERS LOCAL #231 PENSION FUND Q 175385 ACCRUAL BASIS LABORERS LOCAL #231 ANNUITY FUND Q 95813 ACCRUAL BASIS LABORERS LOCAL #231 PENSION FUND P 68361 ACCRUAL BASIS PART IV THIS PLAN IS A VEBA EXEMPT UNDER SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE. PER THE INSTRUCTIONS FOR SCHEDULE R, VEBA TRUSTS ARE ONLY REQUIRED TO LIST THE NAMES OF THE SPONSORING ORGANIZATIONS AND CONTRIBUTING EMPLOYERS ON SCHEDULE R. THE PLAN DOES NOT KNOW THE TAXABLE STATUS OF EVERY CONTRIBUTING EMPLOYER AND THEREFORE IS UNABLE TO SPLIT UP THE INFORMATION BETWEEN THE VARIOUS SECTIONS OF SCHEDULE R.