2025-10-20T11:16:43-07:00 2024-12-31 200545687 LAWRENCE R MITCHELL & COMPANY CPAS 880 APOLLO ST STE 140 EL SEGUNDO CA 90245 990 2024-01-01 364684548 WHITAKER CONSTRUCTION GROUP INC EMPLOYEE BENEFIT TRUST WHIT 8052264020 2752 CONCRETE COURT PASO ROBLES CA 93446 MATTHEW BOUSMAN Trustee 2025-10-20 true true Lawrence R Mitchell CPA P00164733 3105631010 2024 2025-03-06 01:10:19Z MATTHEW BOUSMAN 2752 CONCRETE COURT PASO ROBLES CA 93446 461955 false X N/A X TO COLLECT AND TRACK DEPOSITS FROM THE EMPLOYER (PLAN SPONSOR) BY EMPLOYEE,FOR AMOUNTS EARNED THROUGH PREVAILING WAGE (PER CA DIR) OR CONTRIBUTIONS MADE IN ADDITION TO BY THE EMPLOYER, AND TRACK PAYMENTS MADE FROM THE EMPLOYEE BENEFIT TRUST PLAN (EBT) TO OUR EMPLOYER-DESIGNATED HEALTH AND DENTAL PLANS. 2 0 0 0 0 525666 456426 1630 5529 0 527296 461955 0 422048 402031 0 0 0 53188 21134 475236 423165 52060 38790 297785 337489 914 297785 336575 TO ADMINISTER EMPLOYEES HEALTH, DENTAL, AND LIFE INSURANCE PREMIUMPAYMENTS, WITH THE COLLECTION OF BENEFITS EARNED THROUGH PREVAILINGWAGES FOR FIELD EMPLOYEES AND ADDITIONAL CONTRIBUTIONS FROM THEEMPLOYER (PLAN SPONSOR). THOSE FUNDS EARNED BY THE EMPLOYEES AND PROVIDED BY THE EMPLOYER ARE TRACKED BY INDIVIDUAL EMPLOYEE, AND AREUSED TO PAY THE EMPLOYEES MONTHLY HEALTH AND DENTAL INSURANCE PREMIUMSWHEN DUE. BALANCES ARE PAID OUT TO THE EMPLOYEE UPON TERMINATION ANDISSUED A FORM 1099. false false 402031 437978 THE VAST MAJORITY OF REVENUES AND EXPENSES ARE GENERATED BY THEOPERATIONS OF THE EMPLOYEE BENEFIT TRUSTS (EBT) PLAN SPONSOR(EMPLOYER). THE REVENUE NOTED ABOVE CONSISTS OF DEPOSITS MADE BY THEEMPLOYER TO THE EBT ACCOUNT, WHICH IS TRACKED BY EMPLOYEE. THECALCULATION OF THE AMOUNTS DEPOSITED BY THE EMPLOYER ARE BASED ON THEAPPLICABLE RATES SET FORTH BY THE CALIFORNIA DEPARTMENT OF INDUSTRIALRELATIONS (CA DIR). CA DIR RATES DEPEND ON THE CRAFT PERFORMED BY THEEMPLOYEE ON PREVAILING WAGE-BASED JOBS. CONTRACTS THAT REQUIREPREVAILING WAGE RATES PAID TO THEIR EMPLOYEES ARE USUALLY WITHMUNICIPALITIES THAT RECEIVE THEIR PROJECT FUNDING FROM TAXPAYERDOLLARS. THE HEALTH PORTION OF THESE FRINGE BENEFITS ARE CALCULATED,ACCRUED, AND DEPOSITED TO THE EBTS BANK ACCOUNT MONTHLY BY THE EMPLOYER (EVEN THOUGH DEPOSITS ARE ONLY REQUIRED TO BE MADE QUARTERLY).THESE INDIVIDUALLY TRACKED FUNDS ARE THEN USED TO PAY FOR THEEMPLOYEES HEALTH AND DENTAL INSURANCE PREMIUMS. THE EMPLOYEE ALSOCONTRIBUTES AN ADDITIONAL AMOUNT BASED ON THE PERCENTAGE OF PRIVATEWAGE-BASED HOURS WORKED, DUE TO THE FACT THAT THE CA DIR SPECIFIES THATTHE PREVAILING WAGE BENEFITS EARNED CANNOT BE USED TO PAY FOR THEENTIRE PORTION OF THE EMPLOYEES PREMIUM, IF HE/SHE HAD PRIVATE WAGEEARNINGS IN THE SAME PERIOD. THUS, THE EXPENSES CONSIST OF THE HEALTHAND DENTAL INSURANCE PREMIUMS THAT ARE PAID OUT OF THE EBT. 21134 18448 REPORTED SEPARATELY FROM THE AMOUNTS NOTED ABOVE IN SECTION 4A, AREAMOUNTS THAT WERE PAID BY THE EMPLOYEE TO THE EBT PLAN, TOWARDS THEEMPLOYEES ACCOUNT, IN ORDER TO PROVIDE A SUFFICIENT BALANCE TO COVERTHEIR PREMIUMS DUE. THESE DEPOSITS ARE REQUIRED BY THE EMPLOYEE ATTIMES WHEN THE EMPLOYEE HAS NOT WORKED A SUFFICIENT NUMBER OF HOURSDURING THE MONTH TO COVER HIS/HER PREMIUMS DUE. FOR INSTANCE, IF THEREIS NOT ENOUGH WORK AVAILABLE TO THE EMPLOYEE, AND THE EMPLOYEES EBTBALANCE CANNOT COVER THEIR HEALTH AND DENTAL INSURANCE PREMIUMS, THEEMPLOYEE MUST COVER THE BALANCE OF THEIR PREMIUMS DUE BY DEPOSITINGADDITIONAL FUNDS TO THEIR EBT ACCOUNT. BY WORKING AN AVERAGE OF 40HOURS PER WEEK, THE EMPLOYEE IN ENSURED THAT HIS/HER PREMIUMS WILL BECOVERED BY THE AMOUNTS EARNED EITHER THROUGH THEIR PREVAILING WAGE HOURS WORKED ON PUBLIC CONTRACTS, OR FOR HOURS WORKED ON PRIVATE JOBS,WHICH THE PROPER PERCENTAGE OF THEIR PREMIUMS ARE COVERED BY THEEMPLOYER. 423165 false false false false 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 false false false false false false false false false true false false true 0 0 false 0 false false false false false false false false X 2 0 false false false false false false false true true false false true true true true true true false false false X MATTHEW BOUSMAN 8052264020 2752 CONCRETE COURT PACO ROBLES CA 93446 MATTHEW BOUSMAN Trustee 1.00 40.00 X X 0 208364 0 208364 0 false true false 0 0 EMPLOYEE DEPOSITS 437978 437978 EMPLOYEE EBT ACCT 18448 18448 456426 5529 5529 0 0 0 0 0 0 0 0 461955 461955 0 0 0 402031 402031 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 EMPLOYEE EBT BAL. PAID 21134 21134 0 423165 423165 0 0 155512 227151 0 0 142273 110338 0 0 0 0 0 0 0 0 0 0 0 297785 337489 914 0 914 X 297785 336575 297785 336575 297785 337489 38790 X false false false false false false MATTHEW BOUSMAN Trustee 208364 208364 Form 990, Part VI, Section B, Line 11b THE FORM 990 IS REVIEWED BY THE PLANS SOLE TRUSTEE BEFORE FILING. Form 990, Part VI, Section B, Line 12c REVIEW OF THE CONFLICT OF INTEREST POLICY IS PERFORMED BY THE BOARD OF DIRECTORS AND ANY POTENTIAL CONFLICTS ARE IDENTIFIED. EACH BOARD MEMBER SIGNS AN ETHICS AND CONFLICT OF INTEREST FORM ANNUALLY. Form 990, Part VI, Section C, Line 18 THE FORM 990 FILING AND GOVERNING DOCUMENTS ARE MADE AVAILABLE TO CURRENT PLAN EMPLOYEES UPON REQUEST, AND INDIVIDUAL BALANCE INFORMATION IS PROVIDED ANNUALLY TO ITS CURRENT EMPLOYEES, AND REVIEWED MONTHLY BY THE PLAN SPONSOR. FORM 990 FILINGS AND GOVERNING PLAN DOCUMENTS ARE NOT AVAILABLE TO PERSONS OUTSIDE OF THE PLAN, SINCE NO FUNDING IS DERIVED FROM OUTSIDE THE PLAN SPONSOR (I.E., NO DONATIONS OR OUTSIDE CONTRIBUTIONS FROM THE PUBLIC). Form 990, Part VI, Section C, Line 19 No documents available to the public. WHITAKER CONSTRUCTION GROUP INC 2752 CONCRETE COURT PASO ROBLES CA 93446 208389599 CIVIL CONTRACTOR CA N/A S CORP false false false false false false false false false false false false false false false false false false false false FORM 990, SCHEDULE R, PART IV THE RELATIONSHIP WITH THIS SCHEDULE R IS BETWEEN THE FILING ENTITY,WHITAKER CONSTRUCTION GROUP EMPLOYEE HEALTH BENEFIT TRUST, AND THESPONSOR OR EMPLOYER (WHITAKER CONSTRUCTION GROUP, INC.), WHICH CREATEDTHE FILING ENTITY. THE EMPLOYER, WHITAKER CONSTRUCTION GROUP, INC.,WILL BE REFERRED TO AS WCGI OR SPONSOR,AND THE FILING NON-PROFITENTITY, WHITAKER CONSTRUCTION GROUP EMPLOYEE HEALTH BENEFIT TRUST, WILLBE REFERRED TO AS THE PLAN OR WCGEBT. FORM 990, SCHEDULE R, PART IV PER CALIFORNIA DEPARTMENT OF INDUSTRIAL RELATIONS LABOR COMPLIANCE(DIR), ANY EMPLOYEE WORKING FOR A CONTRACTOR OR SUBCONTRACTOR WHO ISUNDER CONTRACT WITH A PUBLIC ENTITY REQUIRES PAYMENT OF PREVAILINGWAGES. THESE WAGES AND BENEFITS ARE PREDETERMINED, BASED ON THE TRADEPERFORMED. THESE PAYMENT OF WAGES INCLUDE FRINGE BENEFITS THAT CAN BEPAID TO THE EMPLOYEE OR DEPOSITED INTO AN ESTABLISHED FUND OR PLAN TOUSE TOWARDS EMPLOYEES BENEFITS SUCH AS INSURANCE PREMIUMS FOR HEALTHAND DENTAL. IT WAS DECIDED BY WCGI TO CREATE A SEPARATE ENTITY TOPROTECT THE EMPLOYEES CONTRIBUTIONS TOWARDS THEIR BENEFITS. THESEFUNDS ARE DEPOSITED INTO THE PLANS OWN BANK ACCOUNT, AND ONLY BENEFITPAYMENTS ARE PAID FROM THIS ACCOUNT AND ANY PAYOUTS TO TERMINATEDPARTICIPANTS. FORM 990, SCHEDULE R, PART IV PER IRS REGULATIONS, FORM 990 MUST BE FILED ANNUALLY, AFTER APPROVAL OFTAX-EXEMPT STATUS. IN THAT FILING, THE EMPLOYER (WCGI) IS CURRENTLYMADE UP OF TWO OWNERS THAT HAVE EQUAL SHARES IN THE S CORPORATION.THOSE OWNERS ARE TECHNICALLY THE "GOVERNING BODY" OF THE PLAN, AND WITH THE CREATION OF THE PLAN, ASSIGNED A SOLE TRUSTEE, WHO IS ONE OF THETWO OWNERS, AND A CORPORATE OFFICER OF WCGI. THE ROLE OF THE TRUSTEE,AND OTHER INFORMATION, IS SPELLED OUT IN THE PLAN DOCUMENTS, WHICH WASPROVIDED TO THE IRS DURING THE APPLICATION PROCESS FOR TAX-EXEMPTSTATUS (FORM 1024). THE TRUSTEE ENSURES THAT THE FUNDS REQUIRED BY THECALIFORNIA DIR ARE PROPERLY ACCRUED AND DEPOSITED INTO THE PLANS BANKACCOUNT, AND THAT THOSE FUNDS ARE USED TO PAY FOR THE PARTICIPANTSBENEFIT PREMIUMS. THESE PREMIUMS ARE FOR HEALTH AND DENTAL COVERAGE,CONTRACTED BETWEEN THE EMPLOYER (WCGI) AND THE VARYING INSURANCEPROVIDERS (I.E., ANTHEM - HEALTH, METLIFE - DENTAL). FORM 990, SCHEDULE R, PART IV UPON A PARTICIPANTS EMPLOYMENT TERMINATION WITH WCGI, THERE ARE TWOOPTIONS FOR THE PARTICIPANT. THEY MAY CONTINUE AND EXHAUST THEIR FUNDS,WHICH WILL BE USED TOWARDS COBRA COVERAGE, OR HAVE THEIR REMAININGBALANCE PAID OUT TO THEM. THIS CAN, AND ONLY WILL BE DONE ONCE THEPARTICIPANT HAS PROVIDED PROOF OF THEIR COVERAGE. IF A PARTICIPANT ISPAID OUT, THEY WILL RECEIVE A FORM 1099 ISSUED FROM THE PLAN NO LATERTHAN THE END OF JANUARY OF THE FOLLOWING YEAR. IN TURN, FORM 1096 ISFORWARDED TO THE IRS FOR THE PRIOR CALENDAR YEAR. THE TRUSTEE REVIEWSAND SIGNS ALL REQUIRED FORMS TO BE FILED WITH THE IRS. IN SUMMARY, THEPLAN SPONSOR HAS NO OWNERSHIP IN THE WCGEBT ENTITY, OTHER THAN THE SOLETRUSTEE OF THE WCGEBT IS A PARTIAL OWNER OF THE PLAN SPONSOR. IF THEIRENTITY WAS TO DISSOLVE; THE FUNDS IN THE WCBEBT WILL BE PAID OUT TO THEPARTICIPANTS AND ANY INTEREST EARNED WOULD BE DISTRIBUTEDPROPORTIONATELY.