2023-05-31T10:21:53-05:00 2022-07-31 320043599 LEGACY PROFESSIONALS LLP 4 WESTBROOK CORPORATE CENTER SUITE 700 WESTCHESTER IL 60154 990 2022-01-01 352143298 LAKE COUNTY INDIANA NECA IBEW H&B PLAN P TRUST LAKE 2198454433 7200 MISSISSIPPI ST 300 MERRILLVILLE IN 46410 FELIPE HERNANDEZ TRUSTEE 2198454433 2023-05-31 1 FELIPE HERNANDEZ 999009999 0 ADAM SIMAGA P01649025 3123680500 2023-05-31 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X FELIPE HERNANDEZ 7200 MISSISSIPPI ST 300 MERRILLVILLE IN 46410 47565573 0 X N/A X 2001 IN TO FULLY OR PARTIALLY SUPPLEMENT RETIREE HEALTH & WELFARE BENEFITS. X 8 6 0 0 0 0 0 0 1997869 1188381 1364612 -7251956 169 641 3362650 -6062934 0 0 3815342 2213527 44609 26279 0 0 0 278512 91286 4138463 2331092 -775813 -8394026 65547943 0 54150 0 65493793 0 X TO PARTIALLY OR FULLY SUPPLEMENT RETIREE HEALTH AND WELFARE BENEFITS. 0 1 TO OFFSET, PARTIALLY OR FULLY, REQUIRED SELF-PAYMENTS TO PROVIDE RETIREE HEALTH AND WELFARE BENEFITS TO QUALIFIED PARTICIPANTS IN ACCORDANCE WITH PLAN DOCUMENTS. 0 0 0 0 0 0 0 0 0 0 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 1 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 X 8 6 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 IN X PATRICK KEENAN FUNDS MGR 2198454433 7200 MISSISSIPPI ST SUITE 300 MERRILLVILLE IN 46410 FELIPE HERNANDEZ TRUSTEE 1.00 50.00 X 0 128630 64388 EDWARD SHIKANY TRUSTEE 1.00 X 0 0 0 DAN WALDROP TRUSTEE 1.00 X 0 0 0 TOM CORSIGLIA TRUSTEE 1.00 X 0 0 0 WILLIAM WALTON JR TRUSTEE 1.00 X 0 0 0 RICK ANDERSON TRUSTEE 1.00 X 0 0 0 ALEC DAVIS TRUSTEE 1.00 X 0 0 0 JOREE RICHARDS TRUSTEE 1.00 50.00 X 0 157149 64388 0 285779 128776 0 0 1 0 0 EMPLOYER/RECIP CONTRIB. 900099 1188381 1188381 1188381 592407 592407 45784144 53628507 -7844363 -7844363 -7844363 MISCELLANEOUS INCOME 900099 641 641 641 -6062934 1188381 0 -7251315 2213527 15128 5239 4771 1141 5722 10610 35104 6927 736 9405 5663 874 6441 9804 2331092 0 5286407 0 0 253810 0 0 0 0 0 321853 0 0 5923 0 59679950 0 0 0 0 0 65547943 0 54150 54150 0 X 0 0 0 0 65493793 0 65493793 0 65547943 0 X -8394026 203238 -57303005 X 0 1 X 1 0 0 X -5894800 203238 203238 -6098038 35104 35104 -6062934 2295988 0 2295988 35104 35104 2331092 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE PLAN TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY IF THE PLAN HAD TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. 0 0 0 JOREE RICHARDS TRUSTEE 0 152758 0 0 0 4391 0 37931 0 26457 0 221537 0 0 FELIPE HERNANDEZ TRUSTEE 0 124440 0 0 0 4190 0 37931 0 26457 0 193018 0 0 CASH 2022-07-31 25000 ACTUAL 350911491 LAKE COUNTY INDIANA NECA-IBEW HEALTH AND BENEFIT PLAN 7200 MISSISSIPPI STREET MERRILLVILLE IN 46410 501(C)9 RECEIVABLES 2022-07-31 240816 ACTUAL 350911491 LAKE COUNTY INDIANA NECA-IBEW HEALTH AND BENEFIT PLAN 7200 MISSISSIPPI STREET MERRILLVILLE IN 46410 501(C)9 INVESTMENTS 2022-07-31 56778769 MARKET VALUE 350911491 LAKE COUNTY INDIANA NECA-IBEW HEALTH AND BENEFIT PLAN 7200 MISSISSIPPI STREET MERRILLVILLE IN 46410 501(C)9 PREPAID EXPENSES 2022-07-31 317374 ACTUAL 350911491 LAKE COUNTY INDIANA NECA-IBEW HEALTH AND BENEFIT PLAN 7200 MISSISSIPPI STREET MERRILLVILLE IN 46410 501(C)9 ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2022-07-31 -58954 ACTUAL 350911491 LAKE COUNTY INDIANA NECA-IBEW HEALTH AND BENEFIT PLAN 7200 MISSISSIPPI STREET MERRILLVILLE IN 46410 501(C)9 1 0 0 0 1 0 0 1 0 PART I, LINE 2E: PERSON(S) INVOLVED: JOREE RICHARDS, FELIPE HERNANDEZ, ALEC DAVIS, EDWARD SHIKANY, DAN WALDROP, TOM CORSIGLIA, WILLIAM WALTON JR, RICK ANDERSON. PART I, LINE 2E: EXPLANATION OF INVOLVEMENT: ALL FORMER TRUSTEES ARE CURRENT TRUSTEES ON THE LAKE COUNTY INDIANA NECA-IBEW HEALTH AND BENEFIT FUND. SCHEDULE N PART I LIQUIDATION, TERMINATION OR DISSOLUTION LAKE COUNTY INDIANA NECA IBEW H&B PLAN P TRUST CEASED OPERATIONS AT THE CLOSE OF BUSINESS ON JULY 31, 2022, PURSUANT TO AN ASSET TRANSFER AND MERGER AGREEMENT BETWEEN THE BOARD OF TRUSTEES OF LAKE COUNTY INDIANA NECA IBEW H&B PLAN P TRUST AND LAKE COUNTY INDIANA NECA-IBEW HEALTH AND BENEFIT PLAN. FORM 990, PART III, LINE 3 LAKE COUNTY INDIANA NECA IBEW H&B PLAN P TRUST CEASED OPERATIONS AT THE CLOSE OF BUSINESS ON JULY 31, 2022, PURSUANT TO AN ASSET TRANSFER AND MERGER AGREEMENT BETWEEN THE BOARD OF TRUSTEES OF LAKE COUNTY INDIANA NECA IBEW H&B PLAN P TRUST AND LAKE COUNTY INDIANA NECA-IBEW HEALTH AND BENEFIT PLAN. FORM 990, PART VI, SECTION A, LINE 8B THE PLAN DID NOT HAVE ANY COMMITTEES WHO HAD AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETED FORM 990 IS PROVIDED TO THE PLAN ADMINISTRATOR AND CERTAIN TRUSTEES OF THE FUND. THE PLAN ADMINISTRATOR AND TRUSTEES REVIEW THE FORM AND DISCUSS ANY MATTERS OF UNCERTAINTY. UPON FULLY UNDERSTANDING THE COMPLETED FORM 990, THE FORM IS APPROVED, SIGNED AND SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE PLAN ADOPTED THE CONFLICT OF INTEREST POLICY IN 2011. TRUSTEES WERE REQUIRED TO DISLOSE TO THE PLAN ADMINISTRATOR THEIR INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF INTERESTS OR THE APPEARANCE OF CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO ANY FORMER PARTICIPANT IN THE PLAN WHO COMES INTO THE FUND OFFICE AND REQUESTS TO SEE THEM. FORM 990, PART XI, LINE 9: TRANSFER OF NET ASSETS DUE TO MERGER -57,303,005. FORM 990, PART IX, LINES 7,8,9,10 LOCAL 697 IBEW & ELECTRICAL INDUSTRY PENSION FUND, WHICH IS A RELATED PARTY TO THE FILER, PAYS THE SALARIES, FRINGE BENEFITS, AND ANY OTHER RELATED TAXES FOR SEVERAL RELATED FUNDS INCLUDING THE REPORTING ORGANIZATION. IN TURN, THE PENSION FUND ALSO FILES THE REQUIRED TAX FORMS (W-2'S) FOR THESE EXPENSES. THE RELATED FUNDS REIMBURSE THE PENSION FUND FOR THEIR INDIVIDUAL SHARES OF THESE EXPENSES. IBEW & ELECTRICAL INDUSTRY LOCAL 697 MONEY PURCHASE PLAN 7200 MISSISSIPPI STREET SUITE 300 MERRILLVILLE IN 46410 351773526 PROVIDES RETIREMENT BENEFITS TO PARTICIPANTS IN 401A N/A 0 IBEW LOCAL 697 UNION 7200 MISSISSIPPI STREET SUITE 200 MERRILLVILLE IN 46410 350415488 LABOR UNION IN 501(C)(5) N/A 0 IBEW LOCAL UNION 697 SUB FUND 7200 MISSISSIPPI STREET SUITE 300 MERRILLVILLE IN 46410 030545014 PROVIDES SUPPLEMENTARY UNEMPLOYMENT BENEFITS TO PARTICIPANTS IN 501(C)(9) N/A 0 LAKE COUNTY & INDIANA NECA - IBEW HEALTH AND BENEFIT FUND 7200 MISSISSIPPI STREET SUITE 200 MERRILLVILLE IN 46410 350911491 PROVIDES HEALTH BENEFITS TO PARTICIPANTS IN 501(C)(9) N/A 0 LAKE COUNTY ELEC JATC CONTRIBUTING EMPLOYER 0 LOCAL 697 IBEW & ELECTRICAL INDUSTRY PENSION FUND 7200 MISSISSIPPI STREET SUITE 300 MERRILLVILLE IN 46410 516133048 PROVIDES PENSION BENEFITS TO PARTICIPANTS IN 401A N/A 0 NW IN BLDG & CONST TRADES CONTRIBUTING EMPLOYER 0 SCHOOL CITY OF HAMMOND CONTRIBUTING EMPLOYER 0 THE INDIANA PLAN CONTRIBUTING EMPLOYER 0 BASE ELECTRICAL SERVICES CONTRIBUTING EMPLOYER 0 0 A & E ELECTRIC CO INC CONTRIBUTING EMPLOYER 0 A PLUS DATACOMM INC CONTRIBUTING EMPLOYER 0 ABCO ELECTRICAL CONST & DESIGN CONTRIBUTING EMPLOYER 0 ACMS GROUP INC CONTRIBUTING EMPLOYER 0 ADVANCED COMMUNICATIONS INC CONTRIBUTING EMPLOYER 0 ADVENT SYSTEMS INC DBA ALLIED UNIVERSAL CONTRIBUTING EMPLOYER 0 AMBER MECHANICAL CONTRACTORS INC DBA CONTRIBUTING EMPLOYER 0 AMS MECHANICAL SYSTEMS CONTRIBUTING EMPLOYER 0 ATN TECHNOLOGY INC CONTRIBUTING EMPLOYER 0 AUSTGEN'S ELECTRIC INC CONTRIBUTING EMPLOYER 0 AUSTIN ELECTRIC INC CONTRIBUTING EMPLOYER 0 AZCO INC CONTRIBUTING EMPLOYER 0 BELLSOM ELECTRIC CONTRIBUTING EMPLOYER 0 BERRY ELECTRIC CONTRACTING CO CONTRIBUTING EMPLOYER 0 BLOCK ELECTRIC CO CONTRIBUTING EMPLOYER 0 BOSS ELECTRIC CONTRIBUTING EMPLOYER 0 BRITE ELECTRIC INC CONTRIBUTING EMPLOYER 0 CIRCLE 'R' ELECTRIC INC CONTRIBUTING EMPLOYER 0 COMMUNICATION CO OF SOUTH BEND CONTRIBUTING EMPLOYER 0 COMMUNICATION ZONE INC CONTRIBUTING EMPLOYER 0 CONTINENTAL ELEC CO INC-OFFICE CONTRIBUTING EMPLOYER 0 CONTINENTAL ELECTRIC CO INC CONTRIBUTING EMPLOYER 0 CREDENT INC DBA CREDENT QUALITY ELECTRIC CONTRIBUTING EMPLOYER 0 DURKIN ELECTRIC CO CONTRIBUTING EMPLOYER 0 ELECTRICAL SYSTEMS INC CONTRIBUTING EMPLOYER 0 ELLIS ELECTRIC INC CONTRIBUTING EMPLOYER 0 EMCORHYRE ELECTRIC CO CONTRIBUTING EMPLOYER 0 EMCORJWPHYRE ELECTRIC - OFFICE CONTRIBUTING EMPLOYER 0 ESCO COMMUNICATIONS INC CONTRIBUTING EMPLOYER 0 FLUOR CONSTRUCTORS INTERNATIONAL CONTRIBUTING EMPLOYER 0 GRAND KAHN CONTRIBUTING EMPLOYER 0 GREAT LAKES ELECTRICAL MAINT CONTRIBUTING EMPLOYER 0 GREEN LIGHT ELECTRIC LLC CONTRIBUTING EMPLOYER 0 H & T ELECTRICAL SERVICES LLC CONTRIBUTING EMPLOYER 0 H M M SYSTEMS INC CONTRIBUTING EMPLOYER 0 H P DEVELOPMENT INC CONTRIBUTING EMPLOYER 0 HARTMANN ELECTRIC CO CONTRIBUTING EMPLOYER 0 HAVEL BROTHERS INC CONTRIBUTING EMPLOYER 0 HAYES MECHANICAL CONTRIBUTING EMPLOYER 0 HERRMAN & GOETZ INC CONTRIBUTING EMPLOYER 0 HUSTON ELECTRIC INC CONTRIBUTING EMPLOYER 0 JAN ELECTRIC LLC CONTRIBUTING EMPLOYER 0 JJ WHITE INC CONTRIBUTING EMPLOYER 0 JOLEN ELECTRIC INC CONTRIBUTING EMPLOYER 0 KAISER ELEC CONTRACTORS INC CONTRIBUTING EMPLOYER 0 KW CONSTRUCTION SERVICES CONTRIBUTING EMPLOYER 0 L & S ELECTRIC CO INC CONTRIBUTING EMPLOYER 0 LOCAL 697 FED CR UN-OFFICE CONTRIBUTING EMPLOYER 0 LONG ELECTRIC CO INC CONTRIBUTING EMPLOYER 0 M B HERZOG ELECTRIC INC CONTRIBUTING EMPLOYER 0 MARCHIONE ELECTRIC INC CONTRIBUTING EMPLOYER 0 MARTELL ELECTRIC LLC CONTRIBUTING EMPLOYER 0 MEADE ELECTRIC COMPANY INC CONTRIBUTING EMPLOYER 0 MEANY ELECTRIC OF INDIANA CONTRIBUTING EMPLOYER 0 MIDWESTERN ELECTRIC INC CONTRIBUTING EMPLOYER 0 MJ ELECTRIC LLC CONTRIBUTING EMPLOYER 0 NEW AGE TELECOM INC CONTRIBUTING EMPLOYER 0 PALOS ELECTRIC CO CONTRIBUTING EMPLOYER 0 PRECISION CONTROL SYSTEMS INC CONTRIBUTING EMPLOYER 0 PROGRESS ELECTRIC COMPANY CONTRIBUTING EMPLOYER 0 SARGENT ELECTRIC COMPANY CONTRIBUTING EMPLOYER 0 SCHNEIDER ELEC BLDGS AMERICAS CONTRIBUTING EMPLOYER 0 SERVICE ELEC OF ALLEN CNTY CONTRIBUTING EMPLOYER 0 SKITCH ELECTGRIC CO CONTRIBUTING EMPLOYER 0 STANCY ELECTRIC INC CONTRIBUTING EMPLOYER 0 STORMS MCMULLEN ELEC INC CONTRIBUTING EMPLOYER 0 SWENEY ELECTRIC CO INC-OFFICE CONTRIBUTING EMPLOYER 0 SWENEY ELECTRIC COMPANY INC CONTRIBUTING EMPLOYER 0 TECH ELECTRONICS OF IL LLC CONTRIBUTING EMPLOYER 0 THE STATE GRP INDS (USA) LTD CONTRIBUTING EMPLOYER 0 TK ELECTRIC INC CONTRIBUTING EMPLOYER 0 TRI-ELECTRONICS INC CONTRIBUTING EMPLOYER 0 TRI-ELECTRONICS INC (ELEC) CONTRIBUTING EMPLOYER 0 UNION TECHNOLOGY GROUP LLC CONTRIBUTING EMPLOYER 0 VIDEOTEC CORPORATION II CONTRIBUTING EMPLOYER 0 VOLT ELECTRIC INC CONTRIBUTING EMPLOYER 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 1