2025-04-23T17:41:07-05:00 2024-12-31 991856619 GRANT THORNTON ADVISORS LLC 171 N CLARK ST STE 200 CHICAGO IL 60601 990 2024-01-01 411398122 KRAUS-ANDERSON INCORPORATED HEALTH CARE PLAN KRAU 6123327281 501 SOUTH 8TH STREET MINNEAPOLIS MN 55404 BRADLEY W ENGELSMA TRUSTEE 6123327281 2025-04-23 1 0 BRIDGET T ROCHE P00666837 3128560200 2024 2025-03-06 01:10:19Z BRADLEY W ENGELSMA 501 SOUTH 8TH STREET MINNEAPOLIS MN 55404 6440200 0 X N/A X 1981 MN TO PROVIDE HEALTH AND WELFARE BENEFITS TO EMPLOYEES UNDER THE TERMS OF THE PLAN. 5 5 0 5 1793 0 0 0 5144304 6342404 22653 1793 68660 96003 5235617 6440200 0 0 5133097 4848151 0 0 0 0 0 946852 1007928 6079949 5856079 -844332 584121 532902 1081440 33866 3087 499036 1078353 X THE TRUST WAS CREATED FOR THE EXCLUSIVE PURPOSE OF PROVIDING AND MAINTAINING (EITHER DIRECTLY OR THROUGH THE PURCHASE OF INSURANCE, OR BOTH) THOSE HEALTH BENEFITS (CONTINUED IN SCHEDULE O)(INCLUDING HOSPITALIZATION, MEDICAL, SURGICAL, MAJOR MEDICAL, DENTAL AND OTHER HEALTH CARE BENEFITS) AS MAY BE SPECIFIED IN THE PLAN STATEMENT AND FOR PAYMENT OF THE REASONABLE EXPENSES OF THE FUND TO ELIGIBLE EMPLOYEES AND THEIR BENEFICIARIES UNDER THE KRAUS-ANDERSON, INCORPORATED BENEFIT PROGRAMS. 0 0 PROVIDED HEALTH AND WELFARE BENEFITS TO ELIGIBLE EMPLOYEES AND THEIR BENEFICIARIES UNDER THE KRAUS-ANDERSON, INCORPORATED BENEFIT PROGRAM. TOTAL BENEFITS PAID TO (OR FOR THE BENEFIT OF) PARTICIPANTS DURING THE YEAR WERE $4,848,151. 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 0 1 1 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 5 5 1 1 0 0 0 1 0 1 1 1 0 1 1 1 1 1 1 0 0 0 X KRAUS-ANDERSON COMPANIES INC 6123327281 501 SOUTH 8TH ST MINNEAPOLIS MN 55404 X DENNIS G DIESSNER CO-TRUSTEE 1.00 0.00 X 0 0 0 BRUCE W ENGELSMA CO-TRUSTEE 1.00 0.00 X 0 0 0 BRADLEY W ENGELSMA CO-TRUSTEE 1.00 0.00 X 0 0 0 ALAN GERHARDT CO-TRUSTEE 1.00 0.00 X 0 0 0 PETER JDIESSNER CO-TRUSTEE 1.00 0.00 X 0 0 0 0 0 0 0 0 0 0 0 EMPLOYER CONTRIBUTION 525120 5341512 5341512 EMPLOYEE CONTRIBUTION 525120 1000892 1000892 6342404 1793 1793 COST OF CARE SAVINGS 900099 61441 61441 OTHER INCOME 900099 34562 34562 96003 6440200 6438407 1793 0 4848151 2164 23100 100 713299 ADMIN AND PROVIDER FEES 269265 5856079 190401 1032172 302115 33433 0 5467 28704 0 11682 10368 532902 1081440 32018 2818 1848 269 33866 3087 X 0 0 0 0 499036 1078353 499036 1078353 532902 1081440 X 584121 -4804 X 0 0 0 0 EAP FEES 269 269 FORM 990, PART VI, SECTION A, LINE 2 BRUCE W. ENGELSMA AND BRADLEY W. ENGELSMA HAVE A FAMILY RELATIONSHIP. DENNIS G. DIESSNER AND PETER J. DIESSNER HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 3 DELEGATING CONTROL BY ORGANIZATION THE DAY TO DAY OPERATIONS OF THE PLAN ARE DELEGATED TO THE PLAN ADMINISTRATOR. THE PLAN ADMINISTRATOR IS EITHER AN EXTERNAL THIRD PARTY OR KRAUS-ANDERSON COMPANIES, INC. AND HEALTH PARTNERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OR STOCKHOLDERS ELECTING MEMBERS OF GOVERNING BOARD KRAUS-ANDERSON, INCORPORATED HAS THE AUTHORITY TO APPOINT THE TRUSTEES OF THE PLAN, WHICH HAVE THE FIDUCIARY RESPONSIBILITY FOR MANAGEMENT OF THE PLAN AND INVESTMENTS WORKING WITH THE INVESTMENT MANAGER. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS KRAUS-ANDERSON INCORPORATED HEALTH CARE PLAN FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE RETURN IS THEN REVIEWED BY THE CHIEF FINANCIAL OFFICER OF KRAUS-ANDERSON COMPANIES, INC. A COPY OF THE RETURN IS DISTRIBUTED TO THE TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST MONITORING & ENFORCEMENT POLICIES THE PLAN WILL ADOPT ALL RULES AND PROCEDURES OF THE PLAN ADMINISTRATOR (KRAUS-ANDERSON COMPANIES, INC.), WHICH INCLUDE A CODE OF BUSINESS CONDUCT AND ETHICS THAT INCLUDES A SECTION ON CONFLICT OF INTEREST. OFFICERS, DIRECTORS, AND KEY EMPLOYEES OF THE PLAN ADMINISTRATOR AND PLAN SPONSOR ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. TRUSTEES ARE ALSO REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE CONFLICT OF INTEREST POLICY, WHISTLE BLOWER POLICY, AND DOCUMENT RETENTION AND DESTRUCTION POLICY ARE NOT AVAILABLE TO THE PUBLIC, AS THESE ARE ADOPTED FROM THE PLAN ADMINISTRATION. FORM 990, PART XI, LINE 9: OTHER NET ASSET CHANGES -884. REDEMPTION FORFEITURE -3,920. KRAUS-ANDERSON COMPANIES INC 501 S EIGHTH STREET MINNEAPOLIS MN 55404 411859613 CONSTRUCTION MN N/A C 0 KRAUS-ANDERSON INCORP SAVINGS PLAN 501 S EIGHTH STREET MINNEAPOLIS MN 55404 410358300 INSURANCE MN N/A T 0 KRAUS-ANDERSON INCORP HEALTH CARE PLAN 501 S EIGHTH STREET MINNEAPOLIS MINNEAPOLIS MN 55404 410358300 HEALTH BENEFITS MN N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1