2026-03-16T13:54:13-04:00 2025-04-30 411619880 Betts & Hayes Ltd 801 Meander Court Medina MN 55340 990 2024-05-01 416175413 MIDWEST CONSTRUCTION & DISTRIBUTION % William Weber MIDW 2919 EAGANDALE BLVD STE 120 EAGAN MN 55121 WILLIAM WEBER Chairman 2026-03-09 true true CINDY K HAYES CPA P01251233 7634783169 2026-03-16 2024 2025-03-06 01:10:19Z INDUSTRY BENEFIT TRUST William Weber 2919 EAGANDALE BLVD STE 120 EAGAN MN 55121 1881436 false X X 1970 MN PROVIDE HEALTH AND WELFARE BENEFITS FOR ELIGIBLE EMPLOYEES OF PARTICIPATING EMPLOYERS 3 3 0 0 0 0 1739928 1699135 176276 182301 0 1916204 1881436 0 1879185 1646028 0 0 0 136105 138189 2015290 1784217 -99086 97219 4299299 4415301 20366 39149 4278933 4376152 PROVIDE HEALTH AND WELFARE BENEFITS FOR ELIGIBLE EMPLOYEES OF PARTICIPATING EMPLOYERS false false 1784217 THE PLAN PROVIDES HEALTH, DENTAL, LIFE, SHORT-TERM DISABILITY, AND ACCIDENTAL DEATH AND DISMEMBERMENT BENEFITS. THE PLAN SELF-FUNDS ALL BENEFITS EXCEPT FOR LIFE AND ACCIDENTAL DEATH AND DISMEMBERMENT BENEFITS WHICH ARE PROVIDED THROUGH INSURANCE POLICIES. THE PLAN CARRIES STOP LOSS INSURANCE TO PROTECT THE PARTICIPANTS IN CASE OF A CATASTROPHIC LOSS IN THE SELF-FUNDED BENEFIT. 1784217 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 false true false false false false false false false false false false false true false false false true 250 0 true 0 false false false false false false false false X 3 3 false false false false false false false true true false false true true true true true true false false false X Formula Corporation 6516860108 2919 Eagandale Blvd Suite 120 Eagan MN 55121 X Keri Hanson Trustee 1.00 0.00 X 0 0 0 Mike Grunklee Trustee 1.00 0.00 X 0 0 0 William Weber Chairman 1.00 0.00 X X 0 0 0 Greg Skagerberg Trustee 0.00 0.00 X 0 0 0 0 0 0 0 true false false EMPLOYER CONTRIBUTION 525100 1698546 1698546 EMPLOYEE CONTRIBUTION 525100 589 589 1699135 182301 182301 0 1881436 1881436 0 0 1646028 1646028 4399 4399 15900 15900 INSURANCE 3199 3199 ACTUARIALBENEFIT ADMIN 35000 35000 ADMINISTRATIVE FEES 78375 78375 MISCELLANEOUS 1316 1316 1784217 1784217 0 0 4225429 4320128 73870 95173 4299299 4415301 20366 39149 20366 39149 X 4278933 4376152 4278933 4376152 4299299 4415301 97219 0 X false true X true false 1881436 1881436 1881436 1770819 1770819 13398 13398 1784217 Part XII, Line 4b-Other expenses not included on Sch D but on 990 Increase in benefits payable to claims administrators $13,398 Greg Skagerberg Trustee Amended return information Original 990 was filed before audit was completed - amendment necessary to reflect audit adjustments Form 990 governing body review Part VI line 11 Copies of form 990 provided to members of governing body for review prior to filing. Conflict of interest policy compliance Part VI line 12c The conflict of interest policy requires that trustees discuss with other trustees and Fund counsel situations which present the potential for affecting the ability to make unbiased and objective decisions. If it is determined that a conflict does exist, trustee refrains from participating in the decision. Governing documents etc available to public Part VI line 19 No documents available to the public Ferguson Enterprises Inc N/A 0.00000 Goodin Company N/A 0.00000 SPS Companies Inc N/A 0.00000