2025-10-23T14:28:34-05:00 2024-12-31 461686881 Albanese Sinchar Smith & Co 12875 Route 30 Suite 22 North Huntingdon PA 15642 990 2024-01-01 251000614 Employment Partners Benefits Fund % William Parry WEST 4123632700 50 Abele Road STE 1005 Bridgeville PA 15017 WILLIAM PARRY Director 8002420410 2025-10-23 true true JOANNA L SINCHAR P01453357 7248634261 2025-10-23 2024 2025-03-06 01:10:19Z William L Parry Jr 50 Abele Road Ste 1005 Bridgeville PA 15017 71118902 false X www.epbfund.com X 1950 PA To provide for the payment of health welfare benefits to eligible members of the participating companies 10 10 6 0 0 0 58006493 57804134 2462365 1614091 187844 27554 60656702 59445779 0 67601691 64784592 609709 639074 0 0 1022342 1033600 69233742 66457266 -8577040 -7011487 85214135 83394651 5601179 7793003 79612956 75601648 To provide for payment of health & welfare benefits to eligible members of participating companies signatory to collective bargaining agreements entered into with Local Unions affiliated with JC #40 & IBT false false N/A false false false false false false false false false true true false false true true 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 false false false false false true 84 0 true 6 true false false false false false false false false X 10 10 false false false false true true true true true false false true false false true true true false X Board of Trustees 4123632700 50 Abele Road Bridgeville PA 15017 X WILLIAM L PARRY JR Fund Director 40.00 0.00 X 139446 0 30007 M E DOUTT Trustee 4.00 0.00 X 0 0 0 KEITH J FRANK Trustee 4.00 0.00 X 0 0 0 SCOTT J STANLEY Trustee 4.00 0.00 X 0 0 0 DOUG J LONGENETTE JR Trustee 4.00 0.00 X 0 0 0 RAYMOND J MILLER Trustee 4.00 0.00 X 0 0 0 JEFFREY J O'HARA Trustee 4.00 0.00 X 0 0 0 TAMMY M SABO Trustee 4.00 0.00 X 0 0 0 DARRYL P WATT Trustee 4.00 0.00 X 0 0 0 EDWARD A BOEHM Trustee 4.00 0.00 X 0 0 0 ROBERT J PERKINS Trustee 4.00 0.00 X 0 0 0 139446 0 30007 1 true true false Gallagher 444 Liberty Center Avenue Pittsburgh PA 15222 Acturial 209322 1 57804134 57804134 57804134 2118303 2118303 11168911 11673123 -504212 -504212 0 Subrogation Recoveries 900099 27554 27554 27554 59445779 57831688 0 2118303 64784592 416898 78679 102742 40755 22862 107520 280350 208400 187498 25256 67751 17852 13899 83388 PCORI Fee 18824 66457266 0 0 0 433398 477476 3461629 4808711 15117066 76629 118647 117654 110996 88085 35278 22911 65869193 77758561 178924 132709 85214135 83394651 1356356 1862535 4244823 5930468 5601179 7793003 X 79612956 75601648 79612956 75601648 85214135 83394651 X -7011487 5172239 -2172060 X false true X true false 23840 23301 539 87156 64784 22372 22911 Mutual Funds 24993794 F Gov Corp Bonds 4358927 F Common Stocks 17693852 F Common Trust Funds 8222563 F Limited Liab Entities 22489425 F 77758561 Estmt. Health Claims IBNR 5575161 Operating Lease Liab 135058 AP for Administrative Exp 220249 5930468 X 64337668 5172239 5172239 59165429 280350 280350 59445779 66176916 66176916 280350 280350 66457266 Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740) The trust established to hold the Funds assets is intended to qualify pursuant to Section 501(c)(9) of the Internal Revenue Code, and accordingly, the trusts net investment income is exempt from income taxes. The Fund has obtained a favorable tax determination letter dated October 24, 1961. The Trustees of the Fund believe the Fund, as amended, continues to qualify and to operate in accordance with applicable provisions of the Internal Revenue Code.U.S. GAAP requires management to evaluate tax provisions taken by the Fund and recognize a tax liability if the Fund has taken an uncertain position that more likely than not would be sustained upon examination by the Internal Revenue Service. The Trustees have analyzed the tax positions taken by the Fund and have concluded that as of December 31, 2024 and 2023, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The Fund is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Fund is no longer subject to income tax examinations for years prior to 2021. false false false ROBERT J PERKINS Trustee WILLIAM L PARRY JR Fund Director 139446 30007 139446 30007 Part VI Line 6 The organization has members; all are considered non-equity members. Part VI Line 7a The President of Joint Council 40 and the President of Local 249, both Part VI Line 7a members of the Fund, appoint the Union Trustees. Part VI Line 7b The Board of Trustees are appointed to make decisions on behalf of the Part VI Line 7b members. Part VI Line 11b It is the intent of the organization to always present the Form 990 to the Part VI Line 11b Full Board of Trustees before it is filed. Part VI Line 15a or b The Board of Trustees review and approve the annual salaries and bonuses of Part VI Line 15a or b key employees. Part VI Line 19 The organization makes all other governing documents and policies Part VI Line 19 available upon request. Part XI Line 9 Claims Payable and Due to Insurers (506,179); Increase/Decrease in the Part XI Line 9 incurred but not reported (1,665,881); Total other changes (2,172,060)