2024-11-14T17:28:16-06:00 2023-12-31 WITHUMSMITHBROWNPC 4600 EAST WEST HWY 900 BETHESDA MD 208143423 990 2023-01-01 530227042 BAKERY AND CONFECTIONERY UNION AND INDUSTRY INTERNATIONAL HEALTH BENEFITS FUND % JOHN BECK BAKE 3014683750 10401 CONNECTICUT AVENUE KENSINGTON MD 208953960 JOHN BECK EXECUTIVE DIRECTOR 3014683750 2024-11-13 true true RICHARD RUVELSON P00234075 3012726000 2023 2024-10-15 13:58:12Z JOHN BECK 10401 CONNECTICUT AVENUE KENSINGTON MD 20895 131046476 false X BCTRUSTFUNDS.ORG X 1953 NY TO PROVIDE CERTAIN HEALTH BENEFITS TO LOCAL UNION EMPLOYEES, FUND OFFICE EMPLOYEES AND COVERED EMPLOYEES OF PARTICIPATING EMPLOYERS UNDER COLLECTIVELY BARGAINED AGREEMENTS. 12 0 33 0 0 0 0 0 22239769 21018888 -8295 4701492 0 0 22231474 25720380 0 0 19564861 17444912 2085237 2139139 0 0 0 2289104 2119641 23939202 21703692 -1707728 4016688 235108207 257409746 1181341 1827496 233926866 255582250 THE ORGANIZATION IS THE TRUST FOR THE BAKERY AND CONFECTIONERY UNION AND INDUSTRY INTERNATIONAL HEALTH BENEFITS PLAN, A COLLECTIVELY BARGAINED WELFARE BENEFIT PLAN SERVING THE UNION MEMBERS OF THE BAKERY AND CONFECTIONERY INDUSTRY. false false FUNDED HEALTH, DISABILITY, AND DEATH BENEFITS FOR MEMBERS, NUMBERED 8,330 AS OF DECEMBER 31, 2023. false false false false false false false false false true false 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 true false false true 558 0 true 33 true false false false false false false false false X 12 0 true false false false false true false true false false false false false false true false false false NY X JOHN BECK 3014683720 10401 CONNECTICUT AVE KENSINGTON MD 20895 X JOHN BECK EXECUTIVE DIRECTOR 10.0 30.0 X 72653 217958 243487 JOHN HARRISON Manager of IT 16.0 24.0 X 94927 142391 203680 ANTHONY SHELTON UNION TRUSTEE/CHAIR 1.0 40.0 X X 0 363806 52868 DAVID WOODS UNION TRUSTEE/SECY-TREAS 1.0 40.0 X X 0 307068 103801 STEVEN BROCK Manager of Admin Services 8.0 32.0 X 50239 200956 105309 ZACHARY L TOWNSEND UNION TRUSTEE 1.0 40.0 X 0 214041 82033 SHAD CLARK UNION TRUSTEE 1.0 40.0 X 0 217340 73450 BRAD SCHMIDT UNION TRUSTEE 1.0 40.0 X 0 214007 50110 ROGER MILLER UNION TRUSTEE 1.0 40.0 X 0 219353 43360 MARGARET ZOOK IT RESEARCH ADMINISTRATOR 10.0 30.0 X 35254 105762 62998 MICHAEL LEE SOFTWARE ENGINEER 10.0 30.0 X 32106 96317 52102 LOU MINELLA EMPLOYER TRUSTEE 1.0 39.0 X 0 0 0 JON MCPHERSON EMPLOYER TRUSTEE 1.0 39.0 X 0 0 0 PHIL PATURZO EMPLOYER TRUSTEE 1.0 39.0 X 0 0 0 Pamela DiStefano EMPLOYER TTEE (Eff. 11/1/23) 1.0 39.0 X 0 0 0 Darrell Miller EMPLOYER TTEE (Eff. 11/1/23) 1.0 39.0 X 0 0 0 Darin Torosian EMPLOYER TTEE (Eff. 11/1/23) 1.0 39.0 X 0 0 0 285179 2298999 1073198 0 false true false THE SEGAL COMPANY 1920 N STREET NW 400 WASHINGTON MD 20036 ACTUARY SERVICES 390705 WITHUMSMITHBROWN PC 4600 EAST-WEST HWY 900 BETHESDA MD 20814 ACCOUNTING SERVICES 265789 PNC FINANCIAL SERVICES 1 E PRATT STREET BALTIMORE MD 21202 CUSTODIAL SERVICES 255759 MULTI PLAN INC PO BOX 29380 NEW YORK NY 10087 MEDICAL ADMIN FEE 123718 4 0 EMPLOYERS CONTRIBUTIONS 525100 11729643 11729643 PARTICIPANTS COBRA CONTRIBUTIONS 525100 142627 142627 RETIREES CONTRIBUTIONS 525100 9146618 9146618 21018888 7330192 7330192 0 0 0 0 0 102697396 105326096 -2628700 -2628700 -2628700 0 0 0 0 0 0 0 0 0 0 25720380 21018888 0 4701492 0 0 0 17444912 210155 0 1177810 455477 203909 91788 0 108019 267899 0 0 300044 506628 0 274935 0 0 309657 0 0 16489 0 0 30867 76005 ALLOCATED ADMINISTRATION 161451 MED. CLAIMS PROCESS & REVIEW 14453 TAXES 34040 MISCELLANEOUS 19154 21703692 976083 582314 0 0 0 0 1069695 1045930 0 0 0 0 0 0 0 0 165613 121040 6401581 5516752 480014 884829 230844629 253220111 0 0 0 0 0 0 1572173 1555522 235108207 257409746 198908 225280 0 0 338609 287290 0 0 0 0 0 0 0 0 0 0 643824 1314926 1181341 1827496 X 0 0 0 0 233926866 255582250 233926866 255582250 235108207 257409746 X 4016688 18287008 -648312 X false true X true false 1206071 1199132 6939 4927279 4088890 838389 268231 228730 39501 884829 0 NET UNFUNDED PENSION LIABILITY 1314926 1314926 X 43707344 18287008 18287008 25420336 300044 300044 25720380 21403648 21403648 300044 300044 21703692 PART X, LINE 2 - FIN 48 FOOTNOTE: U.S. GAAP requires management to evaluate income tax positions taken and accrue an income tax liability if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has evaluated the income tax positions taken and concluded that as of December 31, 2023 and 2022, there are no uncertain positions taken or expected to be taken that would require accrual of a liability 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. In addition, there have been no tax related interest or penalties for the periods presented in these financial statements. false false false SHAD CLARK UNION TRUSTEE 0 186526 0 0 0 30814 0 62064 0 11386 0 290790 0 0 ANTHONY SHELTON UNION TRUSTEE/CHAIR 0 285501 0 0 0 78305 0 41482 0 11386 0 416674 0 0 JOHN BECK EXECUTIVE DIRECTOR 68912 206735 0 0 3741 11223 58114 174342 2758 8273 133525 400573 0 0 STEVEN BROCK Manager of Admin Services 47432 189728 0 0 2807 11228 18856 75423 2206 8824 71301 285203 0 0 JOHN HARRISON Manager of IT 89443 134165 0 0 5484 8226 77060 115590 4412 6618 176399 264599 0 0 MARGARET ZOOK IT RESEARCH ADMINISTRATOR 35254 105762 0 0 0 0 12992 38975 2758 8273 51004 153010 0 0 MICHAEL LEE SOFTWARE ENGINEER 32106 96317 0 0 0 0 10268 30803 2758 8273 45132 135393 0 0 ROGER MILLER UNION TRUSTEE 0 191526 0 0 0 27827 0 31974 0 11386 0 262713 0 0 BRAD SCHMIDT UNION TRUSTEE 0 186526 0 0 0 27481 0 38724 0 11386 0 264117 0 0 DAVID WOODS UNION TRUSTEE/SECY-TREAS 0 266467 0 0 0 40601 0 92415 0 11386 0 410869 0 0 ZACHARY L TOWNSEND UNION TRUSTEE 0 186526 0 0 0 27515 0 70647 0 11386 0 296074 0 0 PART II, COLUMN C - DEFERRED COMPENSATION: THIS REPRESENT THE ANNUAL INCREASE (DECREASE) IN ACTUARIAL VALUE OF A QUALIFIED DEFINED BENEFIT PLAN, AS CALCULATED BY THE PLAN ACTUARY. PART V, LINE 2B - FEDERAL EMPLOYMENT TAX RETURNS: THE FUND FILES 941'S UNDER THE NAME BAKERY & CONFECTIONERY INDUSTRY INTERNATIONAL HEALTH BENEFITS AND PENSION FUNDS UNDER A SEPARATE EIN FROM THE FUNDS, AS THE HEALTH AND PENSION FUND EMPLOY THE PERSONNEL JOINTLY AND EACH FUND PAY THEIR ALLOCATED SHARE OF WAGES AND PAYROLL TAXES FOR EACH EMPLOYEE THAT PERFORMS SERVICES FOR THEM. PART VI, SECTION A, LINE 2 - BUSINESS RELATIONSHIPS: TRUSTEES ANTHONY SHELTON, DAVID WOODS, BRAD SCHMIDT, SHAD CLARK, ZACHARY L TOWNSEND AND ROGER MILLER SERVE AS OFFICERS OF BCTGM INTERNATIONAL UNION. TRUSTEES LOU MINELLA, DARRELL MILLER, AND PHIL PATURZO SERVE AS AN OFFICER, OFFICER, AND AN EMPLOYEE OF BIMBO BAKERIES USA. PART VI, SECTION A, LINE 7A - SELECTION OF TRUSTEES: THE TRUSTEES ARE APPOINTED BY THE UNION AND EMPLOYERS, WHO PARTICIPATE IN THE HEALTH BENEFIT PLAN. EACH GROUP HAS THE RIGHT TO SELECT UP TO EIGHT TRUSTEES TO SERVE ON THE BOARD. IN THE EVENT THERE IS AN UNEQUAL NUMBER OF EMPLOYER TRUSTEES AND UNION TRUSTEES AT ANY TIME, THE EMPLOYER AND UNION TRUSTEES SHALL NONETHELESS HAVE EQUAL VOTING STRENGTH. PART VI, SECTION A, LINE 8B - OTHER COMMITTEES: THE BENEFIT PLAN HAS NO OTHER COMMITTEE THAT CAN ACT ON THE BEHALF OF THE GOVERNING BODY. PART VI, SECTION B, LINE 11B - REVIEW PROCESS OF FORM 990: THE BOARD OF TRUSTEES HAS DELEGATED THE RESPONSIBILITY TO REVIEW THE FORM 990 PRIOR TO FILING TO THE MANAGER OF ADMINISTRATIVE SERVICES AND THE EXECUTIVE DIRECTOR. PART VI, SECTION C, LINE 19 - AVAILABILITY OF GOVERNING DOCUMENTS & F/S: THE BENEFIT PLAN DOES MAKE ITS PLAN DOCUMENT, TRUST DOCUMENT AND SUMMARY PLAN DESCRIPTION AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. PART XI, LINE 9 - OTHER CHANGE IN NET ASSETS: PENSION-RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST OF $(648,312). B&C UNION & INDUSTRY INTL PENSION 10401 CONNECTICUT AVE KENSINGTON MD 20895 526118572 PENSION FUND MD 401(A) NA false BOARD OF TRUSTEES B&C UNION & INDUSTRY 10401 CONNECTICUT AVE KENSINGTON MD 20895 JOINT BOARD MD N/A false BCTGM INT'L UNION N/A BCTGM LOCAL UNION 001 N/A BCTGM LOCAL UNION 003 N/A BCTGM LOCAL UNION 004 N/A BCTGM LOCAL UNION 006 N/A BCTGM LOCAL UNION 009 N/A BCTGM LOCAL UNION 025 N/A BCTGM LOCAL UNION 026 N/A BCTGM LOCAL UNION 042 N/A BCTGM LOCAL UNION 050 N/A BCTGM LOCAL UNION 053 N/A BCTGM LOCAL UNION 057 N/A BCTGM LOCAL UNION 068 N/A BCTGM LOCAL UNION 070 N/A BCTGM LOCAL UNION 083 N/A BCTGM LOCAL UNION 085 N/A BCTGM LOCAL UNION 102 N/A BCTGM LOCAL UNION 111 N/A BCTGM LOCAL UNION 116 N/A BCTGM LOCAL UNION 118 N/A BCTGM LOCAL UNION 149 N/A BCTGM LOCAL UNION 167G N/A BCTGM LOCAL UNION 218 N/A BCTGM LOCAL UNION 253 N/A BCTGM LOCAL UNION 280 N/A BCTGM LOCAL UNION 326 N/A BCTGM LOCAL UNION 358 N/A BCTGM LOCAL UNION 050G N/A BCTGM LOCAL UNION 464 N/A BCTGM LOCAL UNION 036G N/A BCTGM Local Union 364 N/A ALFRED NICKLES BKRY INC ALPHA BAKING CO BEECH-NUT NUTRITION CORP BIMBO BAKERIES USA BOEHMS CANDIES INC COMPASS GROUP DEL MONTE CORPORATION FRANZ BAKERIES INC GIANT FOODS INC GONNELLA BAKING CO INC GROCERY HAULERS INC KELLOGG COMPANY KLOSTER MANS BAKING CO KROGER CO LEWIS BAKERIES INC MALLET & CO INC MONDELEZ INT'L INC OLSON CO RICHMOND BAKING CO SAFEWAY STORES INC SCHMIDT BAKING CO INC THE BACHMAN COMPANY THE MARKETS LLC TOMCAT BAKERY INC TREEHOUSE FOODS ZEREGAS SONS INC false false false false false false false false false false true false false true true true false false true