2026-08-17T13:22:39-05:00 2025-09-30 582663273 SYMPHONA LLP 118 PARK OF COMMERCE DR STE 200 SAVANNAH GA 31405 990 2024-10-01 582126333 EMPLOYERS - ILA NC PORTS WELFARE PLAN EMPL 9107638577 PO BOX 1116 WILMINGTON NC 284021116 KATHY WOMACK ADMINISTRATOR 9122381001 2026-08-17 1 1 ROBERT C REESE P01282154 9122381001 2026-08-14 X 2024 2025-03-06 01:10:19Z GREGORY WASHINGTON PO BOX 1116 WILMINGTON NC 284021116 9498401 0 X N/A X 1957 NC TO PROVIDE LIFE INSURANCE, SHORT-TERM DISABILITY FOR ELIGIBLE PARTICIPANTS OF THE PLAN AND MAINTAINED PARTICIPANT ELIGIBILITY INFORMATION FOR THIRD PARTY COLLECTIVELY-BARGAINED MEDICAL, DENTAL, PHARMACY AND VISION BENEFITS FOR ALL PARTICIPANTS OF THE PLAN. 9 4 6 0 0 0 0 0 3122309 2971018 187573 223529 668804 360341 3978686 3554888 0 0 3289535 3175720 455670 416460 0 0 0 186626 186203 3931831 3778383 46855 -223495 4194131 3191954 1142335 338471 3051796 2853483 X TO PROVIDE LIFE INSURANCE, SHORT-TERM DISABILITY FOR ELIGIBLE PARTICIPANTS OF THE PLAN AND MAINTAINED PARTICIPANT ELIGIBILITY INFORMATION FOR THIRD PARTY COLLECTIVELY-BARGAINED MEDICAL, DENTAL, PHARMACY AND VISION BENEFITS FOR ALL PARTICIPANTS OF THE PLAN. 0 0 PROVIDED LIFE INSURANCE, SHORT-TERM DISABILITY FOR ELIGIBLE PARTICIPANTS OF THE PLAN AND MAINTAINED PARTICIPANT ELIGIBILITY INFORMATION FOR THIRD PARTY COLLECTIVELY-BARGAINED MEDICAL, DENTAL, PHARMACY AND VISION BENEFITS FOR ALL PARTICIPANTS OF THE PLAN. N/A N/A 0 0 0 0 0 0 0 0 0 1 0 0 0 0 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 4 0 1 6 1 0 0 0 0 0 0 0 0 0 0 X 9 4 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 0 0 0 X KATHY WOMACK 9107638577 PO BOX 1116 WILMINGTON NC 284021116 PAUL LOKEY EMPLOYER TRUSTEE 0.20 X 0 0 0 MICHAEL CLEMMONS UNION TRUSTEE 0.20 X 28 11760 0 CHARLES E SEATON UNION TRUSTEE 0.10 X 0 11760 0 JOHN W ELLIS UNION TRUSTEE 0.10 X 0 11760 0 RYAN MAYER EMPLOYER TRUSTEE CHAIRMAN 0.20 X 0 0 0 KEM FRINK UNION TRUSTEE 0.10 X 28 11760 0 GREGORY WASHINGTON UNION TRUSTEE CHAIRMAN 0.20 X 83 0 0 PERTY GRISSETT ALTERNATE UNION TRUSTEE 0.10 X 134 11760 0 LUKE DOREMUS ALTERNATE EMPLOYER TRUSTEE 0.10 X 0 0 0 ADAM BALDERSON EMPLOYER TRUSTEE 0.20 X 0 0 0 TONY THOMPSON ALTERNATE EMPLOYER TRUSTEE 0.10 X 0 0 0 TERRY SYDNOR EMPLOYER TRUSTEE 0.20 X 0 0 0 GLEN HART ALTERNATE UNION TRUSTEE 0.10 X 18 11760 0 KENNETH EVANS ALTERNATE UNION TRUSTEE 0.10 X 0 11760 0 GREG MELTON ALTERNATE UNION TRUSTEE 0.10 X 30 11760 0 KATHY WOMACK SALARIED ADMINISTRATOR 25.00 X 181664 0 0 181985 94080 0 1 0 1 0 0 EMPLOYER CONTRIBUTIONS 525100 2971018 2971018 2971018 66951 66951 6100091 5943513 156578 156578 156578 ILA PENSION MGMT FEE 525100 228298 228298 ILA CONTAIN MGMT FEE 525100 131116 131116 MISCELLANEOUS REVENUE 525100 927 927 360341 3554888 3331359 0 223529 3175720 283228 21512 90640 21080 2930 19800 1784 4800 54658 22353 8772 5700 34906 30500 3778383 440270 274880 749726 110452 21914 22180 688967 464624 257096 224343 2725125 2560099 4194131 3191954 1142335 338471 1142335 338471 X 0 0 0 0 3051796 2853483 3051796 2853483 4194131 3191954 -223495 25182 0 X 0 1 X 1 0 65000 65000 419108 308061 111047 163638 127712 35926 41221 28851 12370 224343 3578286 25182 25182 3553104 1784 1784 3554888 3776599 0 3776599 1784 1784 3778383 FIN 48 EXPLANATION U.S. GAAP REQUIRES PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN, AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE PLAN HAS TAKEN ANY UNCERTAIN TAX POSITIONS THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A TAX AUTHORITY. MANAGEMENT EVALUATED THE PLAN'S TAX POSITIONS AND CONCLUDED THAT THE PLAN HAD MAINTAINED ITS TAX-EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE PLAN IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE UNITED STATES FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2020. X 0 0 0 KATHY WOMACK SALARIED ADMINISTRATOR 160696 0 20968 0 0 0 0 0 0 0 181664 0 0 0 PART I, LINE 3 THE BOARD OF TRUSTEES APPROVES ANNUAL COMPENSATION FOR THE PLAN ADMINISTRATOR EACH YEAR. FORM 990, PART VI, SECTION A, LINE 7A THE TRUSTEE BOARD REPRESENTS ELECTED PRESIDENTS FROM PARTICIPATING LOCAL UNIONS AND REPRESENTATIVES OF EMPLOYERS' MANAGEMENT FROM EMPLOYERS THAT ARE BOTH PARTIES TO THE COLLECTIVE BARGAINING AGREEMENT OR PARTICIPATION AGREEMENTS. THE LOCAL UNION PRESIDENTS ARE ELECTED BY GOOD STANDING MEMBERS OF THEIR RESPECTIVE UNIONS. EMPLOYER REPRESENTATIVES ARE NORMALLY MEMBERS OF THE NORTH CAROLINA SHIPPING ASSOCIATION (NCSA). THE NCSA'S LOCAL MEMBERS HAVE THE AUTHORITY TO ELECT THE EMPLOYER/MANAGEMENT POSITIONS TO REPRESENT THE EMPLOYER/MANAGEMENT POSITIONS ON THE TRUSTEE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE TRUSTEES ARE MADE AWARE OF THE INFORMATION TO BE DISCLOSED ON THE FORM 990 DURING THE TRUSTEES' MEETINGS DURING THE YEAR. ANY INFORMATION OF CONCERN IS DISCUSSED DURING THE MEETINGS. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES ARE AWARE OF THE CONFLICT OF INTEREST POLICY BECAUSE THE SAME GUIDELINES ARE ALSO IN ERISA AND THE AGREEMENT AND DECLARATION OF TRUST OF THE PLAN, TO WHICH TRUSTEES MUST ADHERE AS FIDUCIARIES OF THE PLAN. ANY ITEMS OR ISSUES OF CONCERN THAT COME TO THE ATTENTION OF ANY TRUSTEE, ADMINISTRATOR, EMPLOYEE, ACTUARY, CONSULTANT, OR THE PLAN'S ATTORNEY MAY BE INITIALLY DISCUSSED WITH ANY TRUSTEE AND/OR THE PLAN'S ATTORNEY FOR CLARITY AND RESEARCHED, IF REQUIRED. IF REQUIRED, THE ISSUE WOULD BE DISCUSSED AT THE NEXT SCHEDULED TRUSTEE'S MEETING TO BE ADDRESSED BY THE ENTIRE TRUSTEE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE PLAN IS REQUIRED TO ANNUALLY DISTRIBUTE THE PLAN'S SUMMARY ANNUAL REPORT TO ALL PARTICIPANTS. THE SUMMARY ANNUAL REPORT IS REQUIRED TO INFORM THE PARTICIPANTS OF THEIR RIGHTS TO CERTAIN INFORMATION AND DOCUMENTS PERTAINING TO THE PLAN AND HOW THEY CAN OBTAIN THE INFORMATION. THE PLAN IS ALSO REQUIRED TO DISTRIBUTE TO EACH PARTICIPANT A SUMMARY PLAN DESCRIPTION OF THE PLAN THAT EXPLAINS THE PARTICIPANT'S BENEFITS AND RIGHTS UNDER THE PLAN. THE PLAN REVISED THE EMPLOYEE HANDBOOK COVERING ALL POLICIES THAT HAVE BEEN APPROVED BY THE BOARD AND DISCUSSED WITH EMPLOYEES. EMPLOYERS - ILA NC PORTS PENSION PO BOX 1116 WILMINGTON NC 28402 516102977 PENSION TRUST NC 401 N/A 0 EMPLOYERS - ILA NC PORTS CONTAINERIZATION PO BOX 1116 WILMINGTON NC 28402 586153337 WELFARE TRUST NC 501(C)(9) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 EMPLOYERS - ILA NC PORTS CONTAINERIZATION Q 131116 PERCENTAGE ALLOCATION SEE BELOW EMPLOYERS - ILA NC PORTS PENSION Q 228298 PERCENTAGE ALLOCATION SEE BELOW