2025-07-28T10:15:57-05:00 2024-09-30 WITHUMSMITHBROWNPC 6101 BOLLINGER CANYON RD SUITE 400 SAN RAMON CA 94583 990 2023-10-01 956049026 Operating Engineers Local 501 Security Fund % BARRY OSHAROW OPER 6266461079 PO BOX 990 WEST COVINA CA 91793 EDWARD CURLY CHAIRMAN 6266461079 2025-07-15 true true RICHARD THIERMANN P00974294 9252779100 2023 2025-03-06 01:10:19Z EDWARD CURLY PO BOX 990 WEST COVINA CA 91793 65926951 false X www.OURBENEFITOFFICE.COM/OELOCAL501/BENEFITS X 1952 CA TO PROVIDE HEALTH AND WELFARE BENEFITS. 9 1 0 0 0 0 0 0 58160655 59780993 2254058 3896198 33525 71616 60448238 63748807 0 0 52509810 56144135 0 0 0 0 0 3046003 3013355 55555813 59157490 4892425 4591317 114241771 130281600 16998699 17830318 97243072 112451282 TO PROVIDE HEALTH AND WELFARE BENEFITS. false false PROVIDED HEALTH AND WELFARE BENEFITS FOR PARTICIPANTS AND THEIR DEPENDENTS. false false false false false false false false false false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false true false false true 2 0 true 0 false false false false false false false false X 9 1 false true false false false false false true false false false true true false false true true false false false CA X BARRY OSHAROW 6266461079 PO BOX 990 WEST COVINA CA 91793 X EDWARD CURLY CHAIRMAN 1.0 0.0 X X 0 0 0 DENISE M VUKOJEVICH VICE CHAIRMAN 1.0 0.0 X X 0 0 0 THOMAS CROSSER SECRETARY 1.0 0.0 X X 0 0 0 THOMAS F O'MAHAR TRUSTEE 1.0 0.0 X 0 0 0 MIKE NAREZ TRUSTEE 1.0 0.0 X 0 0 0 DIEGO BACK TRUSTEE 1.0 0.0 X 0 0 0 REGINALD DENSON TRUSTEE 1.0 0.0 X 0 0 0 BRIAN PAGAC TRUSTEE - TERM. 6/12/2024 1.0 0.0 X 0 0 0 JOSE SOTO ALTERNATE TRUSTEE 1.0 0.0 X 0 0 0 CURTIS VAN BUSKIRK TRUSTEE 1.0 0.0 X 0 0 0 PAUL POWELL TRUSTEE - EFF. 11/08/2023 1.0 0.0 X 0 0 0 SEE SCHEDULE O FOR COMPENSATI PAID BY RELATED ORGANIZATION 0.0 0.0 X 0 0 0 0 0 0 0 false false false BENESYS INC 1050 LAKES DR SUITE 120 WEST COVINA CA 91790 CONTRACT ADMIN 1269476 WITHUMSMITHBROWN PC 6101 BOLLINGER CANYON RD SUITE 400 SAN RAMON CA 94583 ACCOUNTING SVCS 471049 ANTHEM BLUE CROSS OF CALIFORNIA 21555 OXNARD ST WOODLAND HILLS CA 91367 NETWORK ACCESS 374010 UBS 515 FLOWER STREET 5000 LOS ANGELES CA 90071 INVESTMENT MGMT. 230054 DELTA DENTAL 17871 PARK PLAZA DRIVE 200 CERRITOS CA 90703 CONTRACT ADMIN 149012 8 0 EMPLOYER CONTRIBUTIONS 900099 53242240 53242240 PARTICIPANT CONTRIBUTIONS 900099 2164762 2164762 STOP LOSS REIMBURSEMENT 900099 2254565 2254565 PRESCRIPTION REBATE 900099 2119426 2119426 59780993 4104626 4104626 0 0 0 0 0 1969716 2178144 -208428 -208428 -208428 0 0 0 0 0 0 0 0 0 SETTLEMENT 900099 71616 71616 71616 63748807 59852609 3896198 0 0 0 56144135 0 0 0 0 0 0 1242950 95979 489830 0 0 250697 771021 0 92970 0 0 0 0 0 4066 0 0 0 56824 MEMBERSHIP DUES 9018 59157490 17126851 15569134 0 0 0 0 5940126 6426779 0 0 0 0 0 0 0 0 7091 10975 0 0 91167703 108274712 0 0 0 0 0 0 0 0 114241771 130281600 58281 135639 0 0 2227887 1933827 0 0 0 0 0 0 0 0 0 0 14712531 15760852 16998699 17830318 X 0 0 0 0 97243072 112451282 97243072 112451282 114241771 130281600 4591317 10616893 X X false true X true false 0 CLAIMS PAYABLE AND IBNR 2481000 ACCUMULATED ELIGIBILITY CREDIT 8766000 DUE TO RELATED PLANS 4513852 15760852 X 74115003 10616893 10616893 63498110 250697 250697 63748807 59657393 59657393 250697 -750600 -499903 59157490 SCHEDULE D, PART X, LINE 2 - FIN 48 STATEMENT ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE THE TAX POSITIONS TAKEN BY THE PLAN AND TO RECOGNIZE A TAX LIABILITY IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT, MORE LIKELY THAN NOT, WOULD BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE PLAN HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN AND HAS CONCLUDED THAT, AS OF SEPTEMBER 30, 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 PLAN IS SUBJECT TO ROUTINE AUDITS BY THE TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. SCHEDULE D, PART XII, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN BENEFIT OBLIGATION - $(750,600) PART VI, SECTION A, LINE 3: THE PLAN HAS A CONTRACT WITH A THIRD-PARTY ADMINISTRATOR TO PROVIDE DAY TO DAY ADMINISTRATIVE SERVICES FOR THE ORGANIZATION. PART VI, SECTION A, LINE 8B: THERE ARE NO OTHER COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. PART VI, SECTION B, LINE 11B: PRIOR TO FILING, THE FORM 990 IS REVIEWED BY THE FUND MANAGER AND THEN BY THE BOARD OF TRUSTEES. PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT-OF-INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. PART VII, SECTION A, LINE 1A, ITEM B: TRUSTEES ARE NOT COMPENSATED BY THE TRUST. AVERAGE HOURS PER WEEK AND COMPENSATION PAID TO TRUSTEES EMPLOYED BY OTHER RELATED ORGANIZATIONS IS REPORTED ON THE FORM 990 FILED WITH THE INTERNAL REVENUE SERVICE BY THE RELATED TAX-EXEMPT ORGANIZATION. IF ADDITIONAL INFORMATION IS NEEDED, PLEASE CONTACT THE THIRD-PARTY ADMINISTRATOR, BENESYS ADMINISTRATORS. PART XII, LINE 2C: THE BOARD OF TRUSTEES ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE ANNUAL AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THERE HAS BEEN NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR. INTERNATIONAL UNION OF OPERATING ENGINEE 2405 WEST 3RD STREET LOS ANGELES CA 90057 951751526 LABOR UNION CA 501(c)(5) N/A NA false false false false false false false false false false false false false false false false false false true false SEE SCHEDULE R PART VII R SCHEDULE R IDENTIFICATION OF RELATED ORGANIZATIONS: THE FILING ORGANIZATION IS A TAFT-HARTLEY MULTIEMPLOYER TRUST THAT PROVIDES HEALTH AND WELFARE BENEFITS TO ELIGIBLE EMPLOYEES AND THEIR DEPENDENTS. AS OF SEPTEMBER 30, 2024, THERE ARE 127 EMPLOYERS THAT CONTRIBUTE TO THE TRUST. THE ADMINISTRATIVE OFFICE MAINTAINS A DATABASE OF THESE CONTRIBUTING EMPLOYERS, INCLUDING NAMES, ADDRESSES, AND OTHER CONTACT INFORMATION. THE FEDERAL TAX CLASSIFICATION (DISREGARDED ENTITY, TAX-EXEMPT ORGANIZATION, PARTNERSHIP, TAXABLE CORPORATION OR TRUST) FOR EACH CONTRIBUTING EMPLOYER IS NOT ON FILE WITH THE ADMINISTRATIVE OFFICE AND IT COULD NOT BE REASONABLY OBTAINED. 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LLC ELECTRONIC METROLOGY LABORATORY, LLC EMCOR (UNIT A) ENOVITY FASHION SHOW MALL, LLC FHR CENTURY PLAZA HOTEL MGMT CO, LLC. FLAMINGO HILTON/UNION ADMIN. FOUR SEASONS LV EMPLOYMENT INC G & K SERVICES GEORGE S HALL - 655 Broadway GLOBAL PRECISION SYSTEMS, LLC GRAND LAUNDRY HANDLERY HOTEL & COUNTRY CLUB HARD ROCK HOTEL & CASINO HARRAH'S LAS VEGAS, LLC HINES GS PROPERTIES LLC HOSTESS (WLAX)TRS LLC HYATT NEWPORTER IHG MANAGEMENT (MARYLAND) LLC INTERCONTINENTAL LOS ANGELES DOWNTOWN INTERNATIONAL UNION OF OPERATING ENGINEERS, LU 12 ISS FACILITY SERVICES J&J MAINTENANCE, INC. JOBSITE HOSPITALITY, LLC. JOINT APPRENTICESHIP COMMITTEE JONES LANG LASALLE AMERICAS L.A. ARENA CO/L.A. LIVE THEATRE (UTILITY) LA LIVE PROPERTIES (UTILITY) LAS VEGAS ARENA MANAGEMENT, LLC LINDE GAS & EQUIPMENT INC. LINQ HOTEL & CASINO LOEWS HOLLYWOOD HOTEL, LLC LOGZONE Urban JV2, LLC LOS ANGELES ARENA CO (ENG) LOS ANGELES COLD STORAGE MANDALAY BAY RESORT & CASINO MATS ETC. DBA SOUTHWEST LINEN METRO SERVICES GROUP MGM GRAND HOTEL & CASINO MISSION SUPPORT AND TEST SERVICES, LLC. MOHEGAN SUN CASINO LV MUSIC CENTER NA HOSPITALITY LLC NEWCASTLE CORP/ EXCALIBUR HOTEL & CASINO OCCIDENTAL COLLEGE OPERATING ENG LOCAL 501 PACIFIC DESIGN CO PARAGON SERVICES ENGINEERING PARBALL CORP (BALLY'S LV) PARIS LAS VEGAS PARIS SLOT PARK MGM PASADENA HILTON HOTEL PLANET HOLLYWOOD PRIDE INDUSTRIES, INC. PUNDIR GROUP, INC. RALPHS GROCERY CO. RAMPARTS, INC/ LUXOR HOTEL & CASINO RAVEN SERVICES CORPORATION RIO PROPERTIES, INC. RITE AID CORPORATION ROCKVIEW DAIRIES, INC. 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