TEAMSTER BENEFIT TRUST: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: TEAMSTER BENEFIT TRUST (EIN 94-2848389)
Tax period: 2017-10-01 to 2018-09-30
Filed: 2019-08-06
IRS object ID: 201912189349300801
Schema version: 2017v2.3
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2019-08-06T08:41:00-05:00	ReturnTs
Tax Period End	2018-09-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	522385296	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	LINDQUIST LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	5000 EXECUTIVE PARKWAY SUITE 400	AddressLine1Txt
City	SAN RAMON	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	945834346	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2017-10-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	942848389	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	TEAMSTERS BENEFIT TRUST	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	TEAM	BusinessNameControlTxt
Phone	5107964676	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	POST OFFICE BOX 5820	AddressLine1Txt
City	FREMONT	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94537	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	KEITH FLEMING	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Phone	5107964676	PhoneNum
Signature	2019-08-06	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JESSICA R ROSTER	PreparerPersonNm
PTIN	P01317380	PTIN
Phone	9252779100	PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	66.7.226.66	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2019-08-06	IPDt
IP Tm	06:40:42	IPTm
IP Timezone	PD	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	92C7F91AD246760067C653CBF66B8BF12B4D5FD1	AtSubmissionCreationDeviceId
At Submission Filing Device Id	92C7F91AD246760067C653CBF66B8BF12B4D5FD1	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2019-02-21 02:37:17Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	KEITH FLEMING	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	POST OFFICE BOX 5820	AddressLine1Txt
City	FREMONT	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94537	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$376,064,319	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.TEAMSTERSBENEFITTRUST.COM	WebsiteAddressTxt
Type Of Organization Trust	Yes (X)	TypeOfOrganizationTrustInd
Formation	1982	FormationYr
Legal Domicile State	CA	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE HEALTH AND WELFARE BENEFITS.	ActivityOrMissionDesc
Voting Members Governing Body	12	VotingMembersGoverningBodyCnt
Voting Members Independent	0	VotingMembersIndependentCnt
Total Employee	2	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$260,664	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$260,664	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$312,110,019	PYProgramServiceRevenueAmt
CY Program Service Revenue	$319,574,339	CYProgramServiceRevenueAmt
PY Investment Income	$7,016,069	PYInvestmentIncomeAmt
CY Investment Income	$29,328,725	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$319,126,088	PYTotalRevenueAmt
CY Total Revenue	$348,903,064	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$271,257,152	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$274,822,236	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$0	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$11,222,792	PYOtherExpensesAmt
CY Other Expenses	$11,339,241	CYOtherExpensesAmt
PY Total Expenses	$282,479,944	PYTotalExpensesAmt
CY Total Expenses	$286,161,477	CYTotalExpensesAmt
PY Revenues Less Expenses	$36,646,144	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$62,741,587	CYRevenuesLessExpensesAmt
Total Assets BOY	$349,515,385	TotalAssetsBOYAmt
Total Assets EOY	$407,860,556	TotalAssetsEOYAmt
Total Liabilities BOY	$36,471,909	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$35,441,757	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$313,043,476	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$372,418,799	NetAssetsOrFundBalancesEOYAmt
Mission	TO PROVIDE HEALTH AND WELFARE BENEFITS TO PLAN PARTICIPANTS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	PROVIDED HEALTH AND WELFARE BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR DEPENDENTS.	Desc
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	0	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	1000	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	2	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	12	GoverningBodyVotingMembersCnt
Independent Voting Member	0	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	Yes (1)	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	0	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LIPMAN INSURANCE ADMINISTRATORS INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	5107964676	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	39420 LIBERTY ST SUITE 260	AddressLine1Txt
City	FREMONT	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94538	ZIPCd

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	Yes (X)	InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
WILLIAM ALBANESE
TRUSTEE	1.00	Yes (X)	$0	$0	$0
KEITH FLEMING
TRUSTEE	5.00	Yes (X)	$0	$0	$0
RICHARD JORDAN
TRUSTEE	1.00	Yes (X)	$0	$0	$0
DENNIS HART
TRUSTEE	1.00	Yes (X)	$0	$0	$0
RICHARD MURPHY
TRUSTEE	1.00	Yes (X)	$0	$0	$0
BILL ROSSI
TRUSTEE	1.00	Yes (X)	$0	$0	$0
ROME ALOISE
TRUSTEE - PAST	5.00	Yes (X)	$0	$0	$0
LARRY DAUGHERTY
TRUSTEE	1.00	Yes (X)	$0	$0	$0
DON E GARCIA
TRUSTEE	5.00	Yes (X)	$0	$0	$0
BILL HOYT
TRUSTEE	1.00	Yes (X)	$0	$0	$0
RON PAREDES
TRUSTEE	1.00	Yes (X)	$0	$0	$0
CHRIS SERVI
TRUSTEE	1.00	Yes (X)	$0	$0	$0
CARLOS BORBA
TRUSTEE	1.00	Yes (X)	$0	$0	$0
JEANETTE PAIGE
TRUSTEE - PAST	1.00	Yes (X)	$0	$0	$0
SEE SCHEDULE O FOR COMPENSATION
PAID BY RELATED ORGANIZATIONS	0.00	Yes (X)	$0	$1	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$1	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
LIPMAN INSURANCE ADMINISTRATORS INC
39420 LIBERTY STREET SUITE 260	FREMONT	CA	94538	ADMINISTRATOR	$6,884,050
BLUE CROSS
21555 OXNARD STREET AC-1J	WOODLAND HILLS	CA	91367	COST CONTAINMENT	$970,240
LINDQUIST LLP
5000 EXECUTIVE PARKWAY SUITE 400	SAN RAMON	CA	94583	AUDIT SERVICES	$401,606
BEESON TAYER & BODINE
ROSS HOUSE 483 NINTH ST 2ND FLOOR	OAKLAND	CA	94607	LEGAL SERVICES	$296,852
RAEL & LETSON
2800 ZAMPUS DRIVE SUITE 150	SAN MATEO	CA	94403	CONSULTING SERVICES	$254,400

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	9	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
EMPLOYER CONTRIBUTIONS	900099	$306,386,998	$306,386,998
PARTICIPANT CONTRIBUTIONS	900099	$11,423,775	$11,423,775
MEDICARE PART D SUBSIDY	900099	$1,506,553	$1,506,553
STOP LOSS REFUNDS	900099	$165,869	$165,869
LIQUIDATED DAMAGES	900099	$91,144	$91,144

Field	Value	IRS element (for citing)
Total Program Service Revenue	$319,574,339	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$8,089,980	TotalRevenueColumnAmt
Unrelated Business Revenue	$260,664	UnrelatedBusinessRevenueAmt
Exclusion	$7,829,316	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$48,400,000	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$27,161,255	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$21,238,745	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$21,238,745	TotalRevenueColumnAmt
Exclusion	$21,238,745	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$348,903,064	TotalRevenueColumnAmt
Related Or Exempt Func Income	$319,574,339	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$260,664	UnrelatedBusinessRevenueAmt
Exclusion	$29,068,061	ExclusionAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$274,822,236	TotalAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$6,944,132	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$362,903	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$386,528	TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$1,055,888	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$1,979,340	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$316,114	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$24,354	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$106,573	TotalAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDesc	TotalTotalAmt
MISCELLANEOUS EXPENSE	$105,082
TRANSITIONAL INSURANCE	$58,327

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$286,161,477	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	-$215,843	BOYAmt
EOY	-$809,414	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$11,008,308	BOYAmt
EOY	$14,485,638	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$26,423,845	BOYAmt
EOY	$27,791,909	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$1,018,403	BOYAmt
EOY	$1,093,028	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$185,617,293	BOYAmt
EOY	$168,721,781	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$125,202,179	BOYAmt
EOY	$196,116,414	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$461,200	BOYAmt
EOY	$461,200	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$349,515,385	BOYAmt
EOY	$407,860,556	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$13,908,590	BOYAmt
EOY	$12,902,564	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$361,819	BOYAmt
EOY	$80,393	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$22,201,500	BOYAmt
EOY	$22,458,800	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$36,471,909	BOYAmt
EOY	$35,441,757	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$313,043,476	BOYAmt
EOY	$372,418,799	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$313,043,476	BOYAmt
EOY	$372,418,799	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$349,515,385	BOYAmt
EOY	$407,860,556	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$62,741,587	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$3,366,264	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$0	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
LIMITED PARTNERSHIPS	$187,676,660	F
LIMITED LIABILITY COMPANY	$8,439,754	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$196,116,414	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	ACCUMULATED ELIGIBILITY CREDITS	Desc
Amt	$22,458,800	Amt

Field	Value	IRS element (for citing)
Total Liability	$22,458,800	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$344,480,912	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$3,366,264	NetUnrealizedGainsInvstAmt
Revenue Not Reported	-$3,366,264	RevenueNotReportedAmt
Revenue Subtotal	$347,847,176	RevenueSubtotalAmt
Investment Expenses Not Incld	$1,055,888	InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt	$1,055,888	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$348,903,064	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$285,768,076	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$285,768,076	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$1,055,888	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	-$662,487	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$393,401	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$286,161,477	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART X, LINE 2:

THE PLAN'S ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN AND HAS CONCLUDED THAT, AS OF SEPTEMBER 30, 2018, 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. THE PLAN'S ADMINISTRATOR BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE FISCAL YEARS PRIOR TO 2015.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

CHANGE IN BENEFIT OBLIGATIONS

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3	THE TRUST HAS CONTRACTED WITH LIPMAN INSURANCE ADMINISTRATORS TO PROVIDE ADMINISTRATIVE SERVICES FOR THE ORGANIZATION.
FORM 990, PART VI, SECTION A, LINE 8B	THE ORGANIZATION HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION B, LINE 11B	A COPY OF FORM 990 WAS PROVIDED TO EACH MEMBER OF THE GOVERNING BODY FOR REVIEW PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	AT LEAST ONCE A YEAR, TRUSTEES AND OTHER FIDUCIARIES SUBJECT TO THE CONFLICT-OF-INTEREST POLICY WILL BE ASKED TO DISCLOSE IN WRITING ANY RELATIONSHIP OR INTERESTS THAT COULD GIVE RISE TO A CONFLICT. SHOULD ANY INDIVIDUAL COVERED BY THE POLICY DETERMINE OR SUSPECT THAT HE OR SHE POSSESSES AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST, SUCH INDIVIDUAL MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST OR RELATIONSHIP GIVING RISE TO THE CONFLICT AND DISCLOSE ALL RELEVANT FACTS PRIOR TO ANY DECISION TO ENTER INTO ANY PROPOSED TRANSACTION OR ARRANGEMENT OR, IF LATER, AS SOON AS THE ACTUAL OR POTENTIAL CONFLICT IS RECOGNIZED. THE TRUSTEE OR OTHER FIDUCIARY WITH THE CONFLICT OF INTEREST MUST BE EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTION AND THE CONFLICTED INDIVIDUAL IS NOT ALLOWED TO INFLUENCE THE BOARD'S DECISION IN ANY WAY.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT-OF-INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO PARTICIPANTS UPON REQUEST.
FORM 990, PART VII, SECTION A, LINE 1A:	TRUSTEES ARE NOT COMPENSATED BY THE TRUST. 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 YOU WOULD LIKE ADDITIONAL INFORMATION, PLEASE CONTACT THE THIRD-PARTY ADMINISTRATOR, LIPMAN INSURANCE ADMINISTRATORS.
FORM 990, PART XII, LINE 2C:	THE ORGANIZATION HAS A BOARD OF TRUSTEES THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED.
FORM 990, PART V, LINE 2A:	THE PLAN DOES NOT HAVE EMPLOYEES. HOWEVER, CERTAIN PARTICIPANTS OF THE PLAN RECEIVED A FORM W-2 FOR TAXABLE DOMESTIC PARTNER BENEFITS.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	SEE EXPLANATION AT PART VII	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Primary Activities	VARIOUS	PrimaryActivitiesTxt
Legal Domicile State	CA	LegalDomicileStateCd
Controlled Organization	Yes (1)	ControlledOrganizationInd

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	0	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE R, IDENTIFICATION OF RELATED ORGANIZATIONS:	FormAndLineReferenceDesc
Explanation	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, 2018, THERE ARE APPROXIMATELY 286 CONTRIBUTING EMPLOYERS AND SPONSORING ORGANIZATIONS. THE ADMINISTRATIVE OFFICE MAINTAINS A DATABASE OF THESE CONTRIBUTING EMPLOYERS AND SPONSORING ORGANIZATIONS, 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. AS A RESULT THE NAMES OF THE CONTRIBUTING EMPLOYERS ARE LISTED ON PART VII BELOW AND NOT ON PARTS II THROUGH IV BY FEDERAL TAX CLASSIFICATION. 1 STAR ON POINT TRUCKING A S DEZIGN, INC A. TEICHERT & SON, INC. ABC EXPO SERVICES, LLC ABF FREIGHT SYSTEM, INC AECOM ENERGY & CONSTR AIR CONDITIONING CO, INC AKT TRUCKING, LLC ALLIANCE GRAPHICS ALLIED WASTE ALLIED WASTE/ DRIVERS ALPHA PRESS, INC. ALSCO ANDREINI BROTHERS, INC. APOGEE APPLIANCE DELIVERY APRO INTERNATIONAL ARAMARK UNIFORM SERV ARB ARGONAUT CONSTRUCTORS ASHBROOK ENTERPRISES, INC B K MILL & FIXTURE BAKEMARK USA LLC BAUMAN LANDSCAPE, INC BAY AREA PAVING BAY CITIES PAVING & GRADI BAY CITIES REFUSE SERVICE BAY COUNTIES WASTE SERV BERONIO LUMBER CO BERRKELEY FARMS, INC BFI BLACK POINT PRODUCTIONS BLAINE CONVENTION SERVICE BRUCE CARONE GRADING& PAV C.F. ARCHIBALD CAL VALLEY CONSTRUCTION CALIF LABOR FED, AFL-CIO CALIF WASTE SOLUTIONS CALIFORNIA TRADE BINDERY CALMAT CO DBA SHAMROCK CAPS CARONE & CONMPANY CARPENTER RIGGING LO2785 CAST & CREW CEMEX CENTRAL CONCRETE SUPPLY C CERUTTI& SONS TRANSPORT CHALLENGE DAIRY CHANNEL LUMBER CO CHAUFFEURS, TMSTRS & HELP CHERNE CHUCK MACK AND ASSOCIATE CITY OF YAKIMA CONCEPT SERVICES, INC. CONCORD DISPOSAL SERVICE CONSOLIDATED PRINTING CO CONTRA COSTA BUILDING CT COZART BROTHERS, INC CURTIN CONVENTION CURTIN THEATRICAL MOVING CZARNOWSKI EXHIBIT D.A.V.E. TRUCKING& SWEEP DALY CITY SCAVENGER CO, I DARLING INTERNATIONAL, IN DHL LOCAL 287- H&W DINWIDDIE CONSTRUCTION DOUBLE R SERVICES DRAGADOS/FLATIRON/JV DRAGADOS/FLATIRON/JV DUMBARTON QUARRY ASSOC EAGLE DISTRIBUTION EAGLE SYSTEMS EARLE M JORGENSEN CO EAST BAY FORKLIFT EAST BAY RESTAURANT SUPPL EAST BAY SANITARY COMPANY ECONOMY LUMBER CO EMPLOYCO SERVICES, INC ENGEL AND GRAY, INC. ENGINEERED CONCRETE PLACE EP PROD EVENT PRODUCTIONS, INC EXTREAM REACH FERMA CORP FERMA GREENBOX, INC. FILM COMM FISHER SAND AND GRAVEL FLOYD JOHNSTON CONST. CO. FOSTER FARMS - HAYWARD FREEMAN EXPOSITIONS,LLC FREMONT UNIVERSAL TRANS G&C/APS JOINT VENTURE G. BORTOLOTTO & COMPANY GALLO SALES COMPANY GARDEN CITY SAN GES, INC GHILOTTI BROTHERS, INC GHILOTTI CONSTRUCTION CO GILLIG CORPORATION GILLIS & LANE, INC GLOBE - BAY AREA FORKLIFT GOLDEN GATE APPAREL ASSOC GOLDEN GATE DISPOS & RECY GOODFELLOW BROS. CA, LLC GRANITE CONSTRUCTION GRANITE ROCK GREEN SLATE GREEN TEAM OF SAN JOSE GREIF BROTHERS CORP HALF MOON BAY GRADING & P HANSON AGGREGATES MID-PAC HAROLD SMITH & SONS HEET TRUCKING, LLC HILL BROTHERS CHEMICAL CO IBT IEDA IN TERMINAL SERV INTERSTATE GRADING J & M, INC. J F C INTERNATIONAL, INC JARRETT, INC. JBS BAKESERVICE JERRY THOMPSON & SONS JF SHEA / PARSONS JV JOANN'S WATER TRUCK SERV KATCH ENVIRONMENTAL KIEWIT INFRA WEST CO. KNIFE RIVER CONSTRUCTION KYLE KOONTZ TRUCKING LARSEN BROS, INC LAWSON DRAYAGE, INC LIPMAN INSURANCE ADMIN/BA LITHOGRAPH REPROD. INC. LITHOTYPE COMPANY, INC. LUND CONSTRUCTION MAGGIORA & GHILOTTI INC MARIN SANITARY SERVICE MATERIAL RECOVERY SYSTEMS MATHESON TRI-GAS MAURI CONCRETE CONSTR MAXUM EXPO SERVICES MCGUIRE AD HESTRER MICHELS PIPELINE CONSTR MISSION TRAIL WASTE SYSTE MON ROC ADMINISTRATORS MONDELEZ MONTEREY MECHANICAL CO. MOUNTAIN CASCADE MYERS-RADOS, A JOINT VENT NAMAN TRUCKING NAPA RECYCLING & WASTE NATURIPE BERRY GROWERS NO CA TEAMSTERS APP TRAIN NORTH STATE AGGREGATE,INC O C JONES & SONS, INC O 'GRADY PAVING OPERATING ENGIN. INTERNAT OSBORNE LUMBER CO INC PACIFIC RACING ASSOCIATIO PALMISANO DELIVERY PAPICH CONSTRUCTION PENINSULA CRANE & RIGGING PERFORMANCE EQUIPMENT PINE CONE LUMBER PLANT RECLAMATION PLEASANTON READY MIX POTRERO HILLS LANDFILL PS SERVICES PSC PYRAMID PAINTING Q & D CONSTRUCTION QTS - RAMP RANSOME RECOLOGY RECOLOGY - SAN BRUNO GARB RECOLOGY HAY RD LANDFILL RECOLOGY OF S.M. RECOLOGY OF THE COAST RECOLOGY S.F. RECOLOGY SOUTH VALLEY RECOLOGY VALLEJO REED & GRAHAM RELIANCE SHEET & STRIP RELIANCE STEEL & ALUMINUM RENAISSANCE MANAGEMENT REPUBLIC SERVICES REYES COCA COLA BOTTLING RGW EQUIPMENT SALES, LLC RICH READY MIX CONCRETE RICHMOND SANITARY SERVICE ROCK N ROLL TRUCKING RYAN ENGINEERING, INC SAFEWAY,INC. SAN FRANCISCO EXPO SERV SAN MATEO LUMBER SAN RAFAEL ROCK QUARRY SANTA CLARA CHMBR OF COMMERCE SAVE MART SUPERMARKETS SCHAWK, INC. SECURITY PAVING SERVICE WEST SF CHRONICLE SHEEDY DRAYAGE CO SHELDON GAS SHEPARD EXPOSITION SERV SIERRA MOUNTAIN CONSTR SIERRA POINT LUMBER SIMSMETAL USA SKANSKA SNELSON COMPANIES, INC. SO SAN FRANCISCO SCAVENGER SOLANO RECYCLES SOUTH BAY REC-CLERICAL SOUTH CITY LUMBER & SUPP SOUTHERN WINE & SPIRITS SOUTHLAND TUTOR PERINI JV SPECIALTY SOLID WASTE & R SPER CONTRACTING CORP STATE BUILD & CON TRADE STATEWIDE CONST SWEEPING STEVE P RADOS, INC STL TRUCKING, LLC SUGAR CITY BUILDING MATER SUKUT CONSTRUCTION LLC SUNSET SCAVENGER COMPANY SYAR CONCRETE SYAR INDUSTRIES SYSCO SAN FRANCISCO INC. T3 EXPO LLC TDW CONSTRUCTION, INC TEAM COMPANIES TEAM GHILOTTI INC. TEAM SAN JOSE TEAMSTERS ASSISTANCE PROG TEAMSTERS JOINT COUNCIL 7 TEAMSTERS LO 2010 TEAMSTERS LO 2785 TEAMSTERS LO 287 TEAMSTERS LO 315 TEAMSTERS LO 350 TEAMSTERS LO 665 TEAMSTERS LO 760 TEAMSTERS LO 853 TEAMSTERS LO 890 TEAMSTERS LO 912 TEICHERT AGGREGATES TEICHERT READY MIX TELFER OIL CO. THE GRAND FUND THE HDD COMPANY THOMSON EQUIPMENT COMPANY TOMMY'S WATER TRUCK RENTL TRI VALLEY EXCAVATING CO TRI-CED COMMUNITY RECYCLI TRI-VALLEY WATER TRUCKS TRUITT & WHITE LUMBER CO TRUNXAI CONSTRUCTION TUTOR-SALIBA CORPORATION UNIFIED FIELD SERVICES UNION PAYROLL AGENCY INC UNION PLAZA APARTMENTS UNITED PARADYNE CORPORATION UNITED PARCEL SERV UNIVAR USA INC. URBAN ART LITHOGRAPHY VACAVILLE SANITARY SERV VALVERDE CONSTRUCTION VANGUARD CONSTRUCTION VERITIV OPERATING CO VERITIV OPERATING CO VIDO ARTUKOVICH AND SON VULCAN MATERIALS COMPANY W A RASIC CONSTRUCTION WEST CC SANITARY LANDFILL WEST COUNTY RESOURCE RECO WEST VALLEY COLLECTION WEST VALLEY CONSTRUCTION WESTERN APPLIANCE CO WESTERN EVENT SERVICE WESTROCK WESTSIDE BUILDING MATERIA WHITE BROTHERS WILLWORK, INC EXHIBIT SER WR FORDE YOLANDA'S CONSTRUCTION YOUNG'S MARKET-SALES-#853 YRC FREIGHT	ExplanationTxt