2025-02-03T14:32:28-06:00 2024-03-31 952302617 SINGERLEWAK LLP 500 ALA MOANA BLVD 2 302 HONOLULU HI 96813 990 2023-04-01 996017123 HAWAII INSULATORS HEALTH AND WELFARE PLAN HAWA 8084418600 1440 KAPIOLANI BLVD 800 HONOLULU HI 96814 DOUGLAS FULP RONALD LABANON LABOR TRUSTEE / MANAGEMENT TRUSTEE 8084418600 2025-01-29 0 JUDITH CHOCK P01072809 8085336254 2023 2025-03-06 01:10:19Z DOUGLAS FULP RONALD LAB 1440 KAPIOLANI BLVD SUITE 800 HONOLULU HI 96814 4549684 0 X N/A X 1968 HI TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS OF EMPLOYERS SIGNATORY TO THE COLLECTIVE BARGAINING AGREEMENT. THIS PLAN IS A MULTI-EMPLOYER PLAN. 6 0 0 0 0 0 0 0 1425587 1295449 48584 6781 0 0 1474171 1302230 0 0 1406096 1345817 0 0 0 0 0 195795 193950 1601891 1539767 -127720 -237537 5599042 5458220 87748 10955 5511294 5447265 TO PROVIDE HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS OF EMPLOYERS SIGNATORY TO THE COLLECTIVE BARGAINING AGREEMENT. 0 0 1201797 TO PROVIDE MEDICAL BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS BY PAYING INSURANCE PREMIUMS AND SELF-INSURED CLAIMS. (MEDICAL - $1,198,514; SELF-INSURED VISION CLAIMS - $3,283) 88608 TO PROVIDE DENTAL BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS BY PAYING INSURANCE PREMIUMS. 55412 TO PROVIDE LIFE AND LONG-TERM CARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS BY PAYING INSURANCE PREMIUMS. (TDI - $31,112; LONG TERM CARE - $12,460; LIFE - $11,404; MEDICARE PART D - $436) 1345817 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 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 X 6 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 X PACIFIC ADMINISTRATORS INC 8084418600 1440 KAPIOLANI BLVD SUITE 800 HONOLULU HI 96814 X X CHAD MORALES MANAGEMENT TRUSTEE - ALT 0.50 X 0 0 0 GARY SILVA MANAGEMENT TRUSTEE 0.50 X 0 0 0 ROSS INOUYE MANAGEMENT TRUSTEE 0.50 X 0 0 0 RONALD LABANON JR MANAGEMENT TRUSTEE 0.50 X 0 0 0 BRENT PASCUA MANAGEMENT TRUSTEE - ALT 0.50 X 0 0 0 DOUGLAS FULP LABOR TRUSTEE 0.50 X 0 0 0 TROY EBALAROZA LABOR TRUSTEE - ALT 0.50 X 0 0 0 STEVE FORTUNO JR LABOR TRUSTEE 0.50 X 0 0 0 KALE ALVAREZ LABOR TRUSTEE - ALT 0.50 X 0 0 0 0 0 0 0 0 0 0 0 EMPLOYER CONTRIBUTIONS 900099 1280667 1280667 EMPLOYEE CONTRIBUTIONS 900099 10914 10914 COBRA SUBSIDY 900099 3228 3228 LIQUIDATED DAMAGES 900099 640 640 1295449 142926 142926 3111309 3247454 -136145 -136145 -136145 1302230 1295449 0 6781 1345817 71354 11991 26178 19523 46342 6564 378 10271 DATA PRESERVATION FEES 1349 1539767 92398 43053 659001 416865 130317 121473 4683219 4842722 34107 34107 5599042 5458220 38700 10955 49048 0 87748 10955 X 5511294 5447265 0 0 0 0 5511294 5447265 5599042 5458220 -237537 173508 0 X X 0 1 X 1 0 0 X 1456215 173508 173508 1282707 19523 19523 1302230 1520244 0 1520244 19523 19523 1539767 PART X, LINE 2: EXPLANATION: THE AUDITED FINANCIAL STATEMENTS CONTAIN THE FOLLOWING DISCLOSURE PERTAINING TO FIN 48 (ASC 740) "THE TRUST FUNDING CERTAIN BENEFITS OF THE PLAN RECEIVED AN EXEMPTION LETTER FROM THE IRS DATED AUGUST 27, 1970, STATING THAT THE TRUST IS TAX-EXEMPT UNDER THE PROVISIONS OF SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE (IRC). HOWEVER, AS A RESULT OF THE PLAN'S FUNDING POLICY, FROM TIME TO TIME, THE TRUST MAY BE SUBJECT TO INCOME TAXES. NO FEDERAL OR STATE INCOME TAXES HAVE BEEN RECORDED IN 2024 OR 2023 FOR UNRELATED BUSINESS TAXABLE INCOME. IN ADDITION, THE PLAN AND THE TRUST ARE REQUIRED TO OPERATE IN CONFORMITY WITH THE IRC TO MAINTAIN THE TAX-EXEMPT STATUS OF THE TRUST. PLAN MANAGEMENT AND THE PLAN'S TAX COUNSEL BELIEVE THAT THE PLAN IS BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC AND, THEREFORE, BELIEVES THAT THE RELATED TRUST IS TAX-EXEMPT. GAAP REQUIRES PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF IT HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN AND CONCLUDED THAT, AS OF MARCH 31, 2024 AND 2023, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN, THAT WOULD REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS." FORM 990, PART II, PAID PREPARER EFFECTIVE 1/1/2024 LEMKE, CHINEN & TANAKA C.P.A. COMBINED WITH SINGERLEWAK, LLP AND IS NOW KNOWN AS LEMKE, CHINEN & TANAKA, A DIVISION OF SINGERLEWAK, LLP AND WILL PROSPECTIVELY UTILIZE SINGERLEWAK, LLP'S EIN. FORM 990, PART VI, SECTION B, LINE 11B ONE MANAGEMENT AND ONE LABOR TRUSTEE REVIEWS AND SIGNS THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C REVIEWS POLICY AND DISCUSSES ANY ARISING ISSUES/QUESTIONS WITH LEGAL COUNSEL. TRUSTEES ARE ASKED TO DISCLOSE ANY CONFLICTS OF INTEREST ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VII, SECTION A THE ORGANIZATION WAS UNABLE TO OBTAIN OR ESTIMATE AND REPORT THE COMPENSATION FROM INDIVIDUALS OF RELATED ORGANIZATION(S) AFTER MAKING A REASONABLE EFFORT TO SECURE SUCH INFORMATION. FORM 990, PART XII, LINE 2C THE BOARD OF TRUSTEES SELECT AN INDEPENDENT AUDITOR. THE ADMINISTRATOR, ONE MANAGEMENT TRUSTEE REPRESENTATIVE, AND ONE UNION TRUSTEE REPRESENTATIVE REVIEW AND APPROVE THE FINANCIAL STATEMENTS. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. HAWAII INSULATORS PENSION PLAN 1440 KAPIOLANI BLVD SUITE 800 HONOLULU HI 96814 516103706 PROVIDE PENSION BENEFITS TO ELIGIBLE PARTICIPANTS HI 401(A) N/A 0 HAWAII INSULATORS SUPPLEMENTAL PENSION PLAN 1440 KAPIOLANI BLVD SUITE 800 HONOLULU HI 96814 990206924 PROVIDE SUPPLEMENTAL PENSION BENEFITS TO ELIGIBLE PARTICIPANTS HI 401(A) N/A 0 HAWAII INSULATORS SUPPLEMENTAL UNEMPLOYMENT BENEFITS PLAN 1440 KAPIOLANI BLVD SUITE 800 HONOLULU HI 96814 990208030 PROVIDE SUPPLEMENTAL UNEMPLOYMENT BENEFITS TO ELIGIBLE PARTICIPANTS HI 501(C)(9) N/A 0 HAWAII INSULATORS TRAINING PLAN 1440 KAPIOLANI BLVD SUITE 800 HONOLULU HI 96814 237108342 PROVIDE TRAINING BENEFITS TO ELIGIBLE PARTICIPANTS HI 501(C)(5) N/A 0 HAWAII INSULATORS VACATION & HOLIDAY PLAN 1440 KAPIOLANI BLVD SUITE 800 HONOLULU HI 96814 990167566 PROVIDE VACATION & HOLIDAY BENEFITS TO ELIGIBLE PARTICIPANTS HI 501(C)(9) N/A 0 HAWAII INSULATION INDUSTRY IMPROVEMENT FUND 1188 BISHOP STREET SUITE 1003 HONOLULU HI 96813 571136722 TO IMPROVE THE INSULATION INDUSTRY THROUGH PROGRAMS SUCH AS EDUCATION HI 501(C)(6) N/A 0 SEE SCHEDULE R SUPPLEMENTAL INFORMATION SEE SCHEDULE R SUPPLEMENTAL INFORMATION SEE SCHEDULE R SUPPLEMENTAL INFORMATION 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 FORM 990, SCHEDULE R THE FILING ORGANIZATION IS A TAFT-HARTLEY MULTIEMPLOYER PLAN THAT PROVIDES HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS. THE ADMINISTRATOR'S OFFICE MAINTAINS A DATABASE OF THESE CONTRIBUTING EMPLOYERS INCLUDING NAMES, ADDRESSES, AND OTHER CONTACT INFORMATION. HOWEVER, THE LEGAL STRUCTURE (CORPORATION, PARTNERSHIP, ETC.) FOR EACH CONTRIBUTING EMPLOYER IS NOT ON FILE WITH THE ADMINISTRATIVE OFFICE AND COULD NOT BE REASONABLY OBTAINED. AS A RESULT, THE CONTRIBUTING EMPLOYERS COULD NOT BE SEPARATED BY TYPE OF ORGANIZATION. HOWEVER, THEY ARE LISTED BELOW: ACUTRON, LLC. ALOHA STATE INSULATION LLC BRANDSAFWAY SERVICES, LLC INTERNATIONAL ASSOCIATION OF HEAT & FROST INSULATION & ALLIED WORKERS LOCAL 132 INSULATORS TRAINING TRUST FUND INSULATORS, INC. ISLAND INSULATION CO., INC. KR SERVICES, LLC R&L OHANA INSULATION, INC.