2025-11-12T20:07:32-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 301 SW ADAMS STREET SUITE 1000 PEORIA IL 61602 990 2024-01-01 261382332 OPERATING ENGINEERS LOCAL 112 HEALTH & WELFARE TRUST OPER 7656435112 2716 S RANGELINE RD ANDERSON IN 46017 RANDALL HUGHES MANAGING TRUSTEE 7656435112 2025-11-10 1 1 ANDREW SMITH CPA P01518894 3096714500 2025-11-10 2024 2025-03-06 01:10:19Z RANDALL HUGHES 2716 S RANGELINE RD ANDERSON IN 46017 38941526 0 X N/A X 2007 IN PROVIDE HEALTH AND WELFARE BENEFITS FOR ELIGIBLE MEMBERS AND THEIR DEPENDENTS 5 5 0 0 0 0 0 0 9007552 8241896 -157095 1965725 17719 81611 8868176 10289232 0 0 8250688 9051619 0 0 0 0 0 1467926 1373256 9718614 10424875 -850438 -135643 58207771 61013389 25000 773752 58182771 60239637 PROVIDE HEALTH AND WELFARE BENEFITS FOR ELIGIBLE MEMBERS AND THEIR DEPENDENTS 0 0 THE PLAN PROVIDES MEDICAL, DENTAL, PHARMACY, VISION, LIFE AND SHORT-TERM DISABILITY BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS. ALL BENEFITS ARE PROVIDED ON A SELF-FUNDED BASIS EXCEPT FOR LIFE, WHICH IS FULLY INSURED. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X RANDALL HUGHES 7656435112 2716 S RANGELINE RD ANDERSON IN 46017 RANDALL HUGHES MANAGING TRUSTEE 5.00 55.00 X 0 203679 68161 ERIN BUCK UNION TRUSTEE 5.00 55.00 X 0 181734 66209 JIM BARRETT EMPLOYER TRUSTEE 1.00 40.00 X 0 0 0 JEREMY GURETZKI EMPLOYER TRUSTEE 1.00 40.00 X 0 0 0 CARY RICHARDSON UNION TRUSTEE 5.00 55.00 X 0 177204 68161 0 562617 202531 3 0 1 0 INTERNATIONAL UNION OF OPERATING ENGINEE 2716 S RANGELINE ROAD ANDERSON IN 46017 PLAN ADMINISTRATION 171526 1 EMPLOYER CONTRIBUTIONS 525100 8241896 8241896 8241896 1716116 1716116 28901903 28652294 249609 249609 249609 CLASS ACTION/LEGAL SETTLEMENTS 525100 81611 81611 81611 10289232 8323507 0 1965725 X 9051619 19720 56905 125216 346043 19174 30694 1275 22671 CLAIMS PROCESSING AND N 747474 OVER/SHORT 1930 CREDIT LOSS 1298 DISABILITY CLAIMS PAYRO 856 10424875 251739 315980 2213084 2112943 1170201 1382427 57531 3729 1103 1103 0 0 19997873 21904510 34266852 35293800 250491 0 58207771 61013389 551585 78240 25000 143927 25000 773752 X 0 0 0 0 58182771 60239637 58182771 60239637 58207771 61013389 -135643 2192509 0 X X 0 1 X 1 0 1103 1103 0 0 US GOVERNMENT BONDS 22709646 F CORPORATE BONDS 12158074 F MUNICIPAL BONDS 426080 F 35293800 PREPAID CONTRIBUTIONS 143927 143927 X 12356525 2192509 2192509 10164016 125216 125216 10289232 10424875 0 10424875 0 10424875 PART X, LINE 2: THE VEBA TRUST FUNDING BENEFITS OF THE PLAN HAS BEEN ORGANIZED UNDER THE PROVISIONS OF SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE (IRC). THE PLAN AND TRUST ARE REQUIRED TO OPERATE IN CONFORMITY WITH THE IRC TO MAINTAIN THE TAX-EXEMPT STATUS OF THE TRUST. THE BOARD OF TRUSTEES BELIEVES 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. U.S. GAAP REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS). THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. X 0 0 0 RANDALL HUGHES MANAGING TRUSTEE 0 174902 0 0 0 28777 0 50156 0 18005 0 271840 0 0 ERIN BUCK UNION TRUSTEE 0 154524 0 0 0 27210 0 50156 0 16053 0 247943 0 0 CARY RICHARDSON UNION TRUSTEE 0 150318 0 0 0 26886 0 50156 0 18005 0 245365 0 0 PART I, LINE 3 MANAGING TRUSTEE IS COMPENSATED BY A RELATED ORGANIZATION, WHICH ESTABLISHES COMPENSATION BY APPROVAL OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 7A THE TRUST IS GOVERNED BY A BOARD OF TRUSTEES CURRENTLY COMPRISING FIVE (5) TRUSTEES. TWO (2) TRUSTEES ARE APPOINTED BY THE INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 112, REPRESENTING PARTICIPANTS, AND TWO (2) TRUSTEES ARE APPOINTED BY THE CONTRIBUTING EMPLOYERS. AN ADDITIONAL TRUSTEE IS APPOINTED BY THE BOARD AS MANAGING TRUSTEE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY THE INDEPENDENT ACCOUNTANTS AND PRESENTED TO THE TRUSTEES FOR REVIEW. IF ANY OF THE TRUSTEES HAVE COMMENTS OR QUESTIONS, THEY ARE RESOLVED PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE TRUSTEES ARE REQUIRED TO DISCLOSE ACTUAL OR PERCEIVED CONFLICTS OF INTEREST BY DECEMBER 31ST OF EACH YEAR. ANY INTERESTED PERSON WITH OBJECTIVE EVIDENCE THAT A TRUSTEE MAY HAVE VIOLATED ANY OF THE PROVISIONS OF THE POLICY MAY REPORT SUCH POSSIBLE VIOLATION TO THE BOARD OF TRUSTEES IN WRITING. THE BOARD OF TRUSTEES WILL INVESTIGATE AND DETERMINE THE APPROPIRATE COURSE OF ACTION. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING 346,043. FORM 990, PART XII, LINE 2C: THE BOARD OF TRUSTEES ASSUMES RESPONSIBILITY FOR THE SELECTION, OVERSIGHT, AND RETENTION OF THE INDEPENDENT AUDITORS. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR. INTERNATIONAL UNION OF OPERATING ENGINEERS LOCAL 112 2716 S RANGELINE ROAD ANDERSON IN 46017 450546196 CONTRIBUTING EMPLOYER IN 501(C)(5) 0 LOCAL 112 NDE TRAINING FUND 2716 S RANGELINE ROAD ANDERSON IN 46017 431412060 CONTRIBUTING EMPLOYER IN 501(C)(5) 0 JAN X-RAY SERVICES INC CONTRIBUTING EMPLOYER MI 0 MID-AMERICAN INSPECTION SERVICES INC CONTRIBUTING EMPLOYER MI 0 PRIME NDT SERVICES INC CONTRIBUTING EMPLOYER OH 0 SHAW PIPELINE SERVICES INC CONTRIBUTING EMPLOYER OK 0 SPECTIVE TECHNICAL SERVICES LLC CONTRIBUTING EMPLOYER OK 0 TEI ANALYTICAL SERVICES INC CONTRIBUTING EMPLOYER PA 0 UT QUALITY INC CONTRIBUTING EMPLOYER TX 0 WAGGONER AND ASSOCIATES INC CONTRIBUTING EMPLOYER LA 0 VETERAN INSPECTION SERVICES LLC CONTRIBUTING EMPLOYER IL 0 US INSPECTION AND NDT LLC CONTRIBUTING EMPLOYER PA 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 LOCAL UNION NO 112 THE INTERNATIONAL UNION OF OPERATING ENGINEERS O 151673 COST, ALLOCATED BY HOURS WORKED LOCAL UNION NO 112 THE INTERNATIONAL UNION OF OPERATING ENGINEERS P 22515 COST, ALLOCATED BY ESTIMATED USAG