2025-08-14T17:42:08-05:00 2024-09-30 813391684 PKF SAN DIEGO LLP 2020 CAMINO DEL RIO N STE 1000 SAN DIEGO CA 92108 990 2023-10-01 956035916 SAN DIEGO ELECTRICAL HEALTH AND WELFARE SAND 8585696322 PO BOX 231219 SAN DIEGO CA 921931219 JEREMY ABRAMS TRUSTEE 8585696322 2025-08-14 1 0 CURT J WELKER P00399137 6192381040 2023 2025-03-06 01:10:19Z JEREMY ABRAMS PO BOX 231219 SAN DIEGO CA 921931219 61880661 0 X HTTPS://569TRUSTS.ORG/HEALTH-WELFARE/ X 1954 CA TO PROVIDE MEDICAL, DENTAL, VISION AND LIFE INSURANCE BENEFITS TO THE PARTICIPANTS. 10 10 0 0 0 0 0 0 40954543 43658632 406205 682348 14065 3761 41374813 44344741 0 0 39704905 46838275 0 0 0 0 0 4057852 4376936 43762757 51215211 -2387944 -6870470 30349758 27154688 28287435 31789852 2062323 -4635164 TO PROVIDE MEDICAL, DENTAL AND VISION BENEFITS FOR PARTICIPANTS. 0 0 51215211 43662393 TO PROVIDE MEDICAL, DENTAL, VISION CARE, AND LIFE INSURANCE BENEFITS, PREMIUMS AND ADMINISTRATION TO PARTICIPANTS. 51215211 0 0 0 0 0 0 0 0 0 0 1 0 0 1 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 1 270 0 0 1 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 0 0 0 CA X MATT MORFOOT 8585696322 PO BOX 231219 SAN DIEGO CA 921931219 X ANDY BERG TRUSTEE/CHAIRMAN/SECRETARY 1.00 X X 0 0 0 TRAVIS KOMESCHER TRUSTEE 1.00 X 0 0 0 TED BAKER TRUSTEE 1.00 X 0 0 0 TERRALYN HARTMAN TRUSTEE 1.00 X 0 0 0 JOEL BASORE TRUSTEE 1.00 X 0 0 0 ROBERT DAVIES JR TRUSTEE 1.00 X 0 0 0 JEREMY ABRAMS TRUSTEE/CHAIRMAN/SECRETARY 1.00 X X 0 0 0 CHANNEY DOUD TRUSTEE 1.00 X 0 0 0 WILLIAM CUMMING TRUSTEE 1.00 X 0 0 0 MICHAEL MOSS TRUSTEE 1.00 X 0 0 0 0 0 0 0 0 0 0 SAN DIEGO ELECTRICAL INDUSTRY TRUST PO BOX 231219 SAN DIEGO CA 921931219 ADMINISTRATION SERVICES 1698760 BLUE CROSS 591 CAMINO DE LA REINA SAN DIEGO CA 921083182 CLAIMS ADMINISTRATION 792632 NAVITUS 2601 W BELTLINE HWY STE 600 MADISON WI 53713 PRESCRIPTION BENEFIT ADMINISTRATOR 299222 DELTA DENTAL 1450 FRAZEE ROAD SAN DIEGO CA 921084341 CLAIMS ADMINISTRATION 291399 LUCH 200 S LOS ROBLES AVENUE SUITE 500 PASADENA CA 91101 LEGAL FEES 191347 8 EMPLOYERS CONTRIBUTION 900099 42139632 42139632 EMPLOYEE CONTRIBUTIONS 900099 1519000 1519000 43658632 632157 632157 17586111 17535920 50191 50191 50191 LIQUIDATED DAMAGES 900099 3361 3361 MISCELLANEOUS INCOME 900099 400 400 3761 44344741 43662393 0 682348 46838275 191347 43400 246378 29110 12000 4701 40251 ADMINISTRATIVE OFFICE E 1618621 BLUE CROSS PPO FEES 792632 NAVITUS ADMINISTRATIVE 299222 DELTA DENTAL PLAN ADMIN 291399 807875 51215211 1035092 304492 4216700 4526647 3884666 3305728 6399468 3575581 14808243 15436651 5589 5589 30349758 27154688 155443 161393 28131992 31628459 28287435 31789852 X 0 0 0 0 2062323 -4635164 2062323 -4635164 30349758 27154688 -6870470 172983 0 X X 0 1 X 1 0 0 COLLECTIVE TRUST FUND 7312983 F INVESTMENTS AT NET ASSET VALUE 4824178 F US TREASURY AND SHORT-TERM OBLIGATIONS 3299490 F 15436651 CLAIMS PAYABLE 1476459 CLAIMS INCURRED BUT NOT REPORTED 4590000 CONTINUATION OF BENEFITS 25562000 31628459 X 44422647 172983 172983 44249664 95077 95077 44344741 47623667 -3496467 -3496467 51120134 95077 95077 51215211 PART X, LINE 2: THE TRUST IS INTENDED TO QUALIFY PURSUANT TO SECTION 501(C)9 OF THE INTERNAL REVENUE CODE (IRC), AND, ACCORDINGLY, THE TRUSTS NET INVESTMENT INCOME IS EXEMPT FROM INCOME TAXES. THE TRUST HAS OBTAINED A FAVORABLE TAX DETERMINATION LETTER DATED JULY 14, 2011 FROM THE INTERNAL REVENUE SERVICE. THE TRUST HAS BEEN AMENDED SINCE RECEIVING THE DETERMINATION LETTER. HOWEVER, THE TRUST ADMINISTRATOR AND THE TRUSTS TAX COUNSEL BELIEVE THAT THE TRUST CONTINUES TO QUALIFY AND TO OPERATE IN ACCORDANCE WITH APPLICABLE PROVISIONS OF THE IRC. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE TRUST MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE TRUST AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE TRUST ADMINISTRATOR 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 ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE TRUST IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE TRUST ADMINISTRATOR BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2021. PART XII, LINE 2D - OTHER ADJUSTMENTS: INCREASE IN HEALTH CLAIMS PAYABLE -708,467. INCREASE IN HEALTH CLAIMS INCURRED BUT NOT REPORTED -188,000. INCREASE IN FUTURE BENEFITS OF PARTICIPANTS' ACCUMULATED ELIGIBILITY -2,600,000. FORM 990, PART VI, SECTION A, LINE 8B THE GOVERNING BODY DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON ITS BEHALF. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED BY THE PLAN ADMINISTRATOR FOR ACCURACY AND THEN FILED AND SUBMITTED TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES FILLS OUT A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY, AND ARE REQUIRED TO NOTIFY THE TRUST OF ANY CHANGES IN THEIR INTERESTS THAT CAN GIVE RISE TO CONFLICTS. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE ON FILE AT THE TRUST OFFICE AND ARE AVAILABLE ON REQUEST. FORM 990 PART XII LINE 2C VI, SECTION A, LINE 7A: THE MEMBERS OF THIS ORGANIZATION VOTE FOR HALF OF THE GOVERNING BODY. PART VI, SECTION B, LINE 11B: THE 990 RETURN IS REVIEWED BY THE ADMINISTRATIVE MANAGER AND ATTORNEY. PART VI, SECTION C, LINE 19: THESE DOCUMENTS ARE ON FILE AT THE TRUST OFFICE AND ARE AVAILABLE ON REQUEST. SAN DIEGO ELECTRICAL HEALTH AND WELFARE PO BOX 231219 SAN DIEGO CA 921931219 956035916 H&W FUND CA 501(C)(9) 1 SAN DIEGO ELECTRICAL PENSION TRUST PO BOX 231219 SAN DIEGO CA 921931219 956101801 PENSION PLAN CA 1 SAN DIEGO ELECTRICAL INDUSTRY ADMINISTRATION CORPORATION PO BOX 231219 SAN DIEGO CA 92193 721571046 ADMINISTRATIVE SERVICES CA N/A C 0 LIST OF CONTR ERS IS AVAIL AT THE PL OFC 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0