2018-11-14T16:23:09-06:00 2017-12-31 232586736 DANIEL A WINTERS & COMPANY CPAS 6 DICKINSON DRIVE SUITE 205 CHADDS FORD PA 19317 990 2017-01-01 231512313 PLUMBERS LOCAL UNION NO 690 HEALTH PLAN PLUM 2156776900 2791 SOUTHAMPTON ROAD PHILADELPHIA PA 19154 THOMAS J MCNULTY PLAN ADMINISTRATOR 2156776900 2018-11-13 1 CRAIG D WINTERS CPA P00154131 6103582000 2018-11-14 71.123.47.35 2018-11-14 17:22:58 ES P 1FFE5B72DC4B4ED1ECEEE06A8A6AC6D38CD739A9 9FB89652EA1FF234A3916649CED5FF5C571C7DBE 2017 2019-02-21 02:37:17Z THOMAS J MCNULTY 42631844 0 X N/A X 1954 PA THE EXEMPT PURPOSE OF THE PLAN IS TO PROVIDE PLAN PARTICIPANTS AND THEIR DEPENDENTS WITH HEALTH AND WELFARE BENEFITS. 8 4 0 0 0 0 0 0 24707635 25329472 904932 965136 0 0 25612567 26294608 0 0 20574661 19925703 600358 669671 0 0 0 1203578 1218900 22378597 21814274 3233970 4480334 33498821 39059145 3317485 3493796 30181336 35565349 THE EXEMPT PURPOSE OF THE PLAN IS TO PROVIDE PLAN PARTICIPANTS AND THEIR DEPENDENTS WITH HEALTH AND WELFARE BENEFITS. 0 0 THE EXEMPT PURPOSE OF THE PLAN IS TO PROVIDE PLAN PARTICIPANTS AND THEIR DEPENDENTS WITH HEALTH AND WELFARE BENEFITS. THIS IS ESSENTIALLY THE ONLY PROGRAM SERVICE OF THE ORGANIZATION AND ALL OF THE REVENUES AND EXPENSES ARE CONSIDERED TO BE FOR THIS PURPOSE. 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 X 0 0 0 0 0 0 0 0 0 X 8 4 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 1 0 0 X THOMAS J MCNULTY ADMINISTRATOR 2156776900 2791 SOUTHAMPTON ROAD PHILADELPHIA PA 19154 X JOHN I KANE CO-CHAIRMAN 1.00 39.00 X 0 181540 135889 TIMOTHY J BRINK CO-CHAIRMAN 1.00 3.00 X 0 0 0 JOSEPH F MIELE TRUSTEE 1.00 X 0 0 0 GEORGE C PEGRAM TRUSTEE 1.00 39.00 X 0 133457 114163 STEVEN KEENAN TRUSTEE 1.00 39.00 X 0 153547 123196 PATRICK J JORDAN TRUSTEE 1.00 39.00 X 0 133474 114168 RUDY BETZ TRUSTEE 1.00 X 0 0 0 WALTER KRZYZANOWSKI TRUSTEE 1.00 3.00 X 0 0 0 JOHN J BEE RESIGNED TRUSTEE 1.00 1.00 X 0 0 0 THOMAS J MCNULTY ADMINISTRATOR 16.00 24.00 X 68268 86535 142153 P DARBY DOYLE FIELD REPRESENTATIVE 16.00 24.00 X 59544 75477 130795 127812 764030 760364 0 0 1 0 AETNA 980 JOLLY ROAD MAIL STOP U11E BLUE BELL PA 19422 ADMIN SERVICE FEE 1091032 1 RECEIPTS FROM EMPLOYER 525100 23329726 23329726 PARTICIPANT CONTRIBUTI 525100 1341388 1341388 PRESCRIPTION REBATES 525100 628643 628643 PRESCRIPTION SETTLEMEN 525100 27121 27121 EXPENSE REIMBURSEMENT 525100 2594 2594 25329472 971593 971593 16330779 16337236 -6457 -6457 -6457 26294608 25329472 0 965136 19925703 248188 223549 96598 73573 27763 64142 37327 153217 808381 44767 54622 9889 12685 21356 PCORI FEE 8109 DUES AND SUBSCRIPTIONS 4405 21814274 3142324 3713639 3228722 3484939 29076 28172 162942 124455 51172 38487 19375940 21688045 7671587 10105863 33498821 39059145 221207 281323 3096278 3212473 3317485 3493796 X 0 0 0 0 30181336 35565349 30181336 35565349 33498821 39059145 4480334 903679 0 X 0 1 X 0 0 0 162942 124455 38487 38487 STATE STREET GLOBAL ADVISORS S&P 500 INDEX NON-QUALIFIED SECURITIES LENDING 5372169 F BOYD WATERSON GSA FUND LP 4733694 F 10105863 CLAIMS INCURRED BUT NOT REPORTED (IBNR) 3212473 3212473 X 27045070 903679 903679 26141391 153217 153217 26294608 21544862 0 21544862 153217 116195 269412 21814274 PART X, LINE 2: ASC TOPIC 740 - INCOME TAXES CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN, INCLUDING THE ENTITY'S STATUS AS A TAX-EXEMPT ENTITY. THE PLAN HAS DETERMINED THERE IS NO IMPACT OF ASC TOPIC 740 ON ITS FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2017 AND 2016. THE PLAN IS NO LONGER SUBJECT TO FEDERAL EXAMINATION FOR THE YEARS ENDED PRIOR TO DECEMBER 31, 2014. PART XII, LINE 4B - OTHER ADJUSTMENTS: NET CHANGE IN CLAIMS INCURRED BUT NOT REPORTED (IBNR) 116195. 0 0 0 JOHN I KANE CO-CHAIRMAN 0 181540 0 0 0 0 0 103188 0 32701 0 317429 0 0 GEORGE C PEGRAM TRUSTEE 0 133457 0 0 0 0 0 81462 0 32701 0 247620 0 0 STEVEN KEENAN TRUSTEE 0 153547 0 0 0 0 0 90495 0 32701 0 276743 0 0 PATRICK J JORDAN TRUSTEE 0 133474 0 0 0 0 0 81467 0 32701 0 247642 0 0 THOMAS J MCNULTY ADMINISTRATOR 68268 86535 0 0 0 0 48396 61345 14294 18118 130958 165998 0 0 P DARBY DOYLE FIELD REPRESENTATIVE 59544 75477 0 0 0 0 43387 54996 14293 18119 117224 148592 0 0 FORM 990, PART V, ITEM 2A THE FUND DOES NOT ISSUE W-2S AND SHARES CERTAIN STAFF WITH ORGANIZATIONS CONSIDERED BY THE FORM 990 INSTRUCTIONS TO BE RELATED ORGANIZATIONS. THE FUND DOES NOT HAVE ANY EMPLOYEES BUT INSTEAD THE FUND SHARES THE COSTS OF COMPENSATION, FRINGE BENEFITS AND OTHER COSTS BASED ON PERIODIC TIME STUDIES AND ANALYSES. ACCORDINGLY, THE FUND'S ALLOCATED PORTION OF THE COSTS RELATED TO THIS SHARING IS REPORTED ON FORM 990, INCLUDING ON PART VII, SECTION A, SCHEDULE J AND PART IX, LINES 5 THROUGH 10. THE FUND DOES REPORT CERTAIN A&S BENEFITS PAID TO MEMBERS ON W-2 FORMS WHICH GET TOTALED ON THE FORM W-3. THEREFORE, THE PLAN'S W-3 HAS 24 W-2'S ISSUED REPORTED ON FORM W-3. FORM 990, PART VI, SECTION A, LINE 2 STEVEN KEENEN AND GEORGE PEGRAM HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 7A PLUMBERS LOCAL UNION NO. 690 (THE UNION) HAS THE ABILITY TO APPOINT HALF OF THE TRUSTEES. THE MECHANICAL CONTRACTORS ASSOCIATION OF EASTERN PENNSYLVANIA, INC. HAS THE ABILITY TO APPOINT TWO OF THE EIGHT TRUSTEES. THE PLUMBING AND HEATING CONTRACTORS ASSOCIATION OF PHILADELPHIA AND VICINITY HAS THE ABILITY TO APPOINT ONE OF THE EIGHT TRUSTEES. THE PLUMBING AND HEATING SUPPLY HOUSE EMPLOYERS ASSOCIATION HAS THE ABILITY TO APPOINT ONE OF THE EIGHT TRUSTEES. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE PLAN'S ADMINISTRATOR AS WELL AS THE PLAN'S LEGAL COUNSEL. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR DETERMINING THE COMPENSATION OF THE PLAN ADMINISTRATOR HAS BEEN DETERMINED BY THE BOARD OF TRUSTEES. SALARY IS A MULTIPLE OF THE LEVELS OF WAGES SET FORTH IN THE APPLICABLE COLLECTIVE BARGAINING AGREEMENT. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE NOT PROVIDED TO THE GENERAL PUBLIC. FORM 990, PART VII, SECTION A, COLUMN F CERTAIN TRUSTEES CHANGED DURING THE YEAR. ACCORDINGLY, CERTAIN AMOUNTS OF OTHER COMPENSATION FROM RELATED ORGANIZATIONS ARE ESTIMATES. FORM 990, PART IV, LINE 32 THE FUND'S INVESTMENT PROGRAM INCLUDES CASH MANAGEMENT PROCEDURES THAT MAXIMIZE EARNINGS ON TEMPORARY BALANCES BY IMMEDIATELY PURCHASING SHORT TERM INVESTMENT VEHICLES UPON THE RECEIPT OF ESSENTIALLY ALL PRINCIPAL AND INTEREST TRANSACTIONS. THIS NECESSITATES THE SELLING OF SUCH ASSETS FOR EACH PURCHASE OF LONGER-TERM INVESTMENTS. THIS CASH MANAGEMENT ACTIVITY IS INCLUDED IN PART VIII ITEM 7 BUT IS NOT CONSIDERED TO CONSTITUTE TRANSACTIONS CONSIDERED BY PART IV ITEM 32. PEN PLAN FOR EMPLOYEES OF PLUMB 690 BENEFIT FUNDS 2791 SOUTHAMPTON ROAD PHILADELPHIA PA 19154 236405018 PROVIDE PENSION BENEFITS TO THE EMPLOYEES OF THE BENEFIT FUNDS OFFICE PA 401(A) N/A N/A 0 PLUMBERS LU NO 690 PENSION PLAN 2791 SOUTHAMPTON ROAD PHILADELPHIA PA 19154 236405018 PROVIDE RETIREMENT BENEFITS TO ITS PARTICIPANTS PA 401(A) N/A N/A 0 MECHANICAL CONTRACTORS ASSOCIATION OF EASTERN PENNSYLVANIA INC 721 ARBOR WAY SUITE 40 BLUE BELL PA 19422 231173155 TRADE ASSOCIATION PA 401(A) N/A N/A 0 PLUMBERS LOCAL UNION NO 690 2791 SOUTHAMPTON RD PHILADELPHIA PA 19154 231173153 LABOR UNION PA 501(C)5 N/A N/A 0 PLUMBERS LU NO 690 SRP 2791 SOUTHAMPTON RD PHILADELPHIA PA 19154 232487320 PROVIDE SUPPLEMENTAL RETIREMENT BENEFITS TO ITS PARTICIPANTS PA 401(A) N/A N/A 0 PLUMBERS LU NO 690 MTP 2791 SOUTHAMPTON RD PHILADELPHIA PA 19154 236442844 PROVIDE RETIREMENT BENEFITS TO ITS PARTICIPANTS PA 401(A) N/A N/A 0 PLUMBERS LU NO 690 APPRENTICESHIP PLAN 2791 SOUTHAMPTON RD PHILADELPHIA PA 19154 236296991 DEFRAY THE COSTS AND EXPENSES INCIDENT TO TRAINING PLUMBERS PA 501(C)5 N/A N/A 0 AT CHADWICK SERVICE CO ALBERT T CHADWICK BBJ MECHANICAL INC BENSALEM PARK MAINTENANCE LTD BINSKY & SNYDER INC BJK PLBG & HTG BOFINGER & BRESLIN PLUMBING BURKHARDT MECH INC BURNS MECH INC CHURCHVILLE MECHANICAL ASSOC LLC CORPORATE PIPING INC DEVINE BROTHERS INC DOLAN MECHANICAL DOMINIC GAROFOLO MECH DWD MECH CONTRACTOR INC E J RAITH MECH INC EAGLE MECH INC ELLINGER DAVE CO ELLIOTT LEWIS CORP F & G MECH CORP FAB-CRETE INC FALASCADANIEL S FERRY PLUMBING FIVE STAR INC FLUIDICS INC GENERAL ASPHALT CO HAYES MECHANICAL HERMAN GOLDNER CO INC J J WHITE INC J P C GROUP INC JR MCGEE PLUMBING JOHN J BEE INC KASER MECHANICAL LLC KOHLER JOHN C CO KRZYZANOWSKI LGB MECHANICAL INC LIBERTY MECHANICAL SERVICES LIMA COMPANY LIMBACH COMPANY LLC L-M SERVICE CO INC LOR-MAR MECH SER INC MBR CONSTRUCTION SERVICES MCCLOSKEY INC MCGINN KEVIN MECO CONSTRUCTORS INC MEGA CONSTRUCTION MELONEY EDWARD J INC MIELE PLBG & HTG MWI MECHANICAL MY LEAK PLUMBING NAGEL-LAVIN INC P M C MECHANICAL LP PHILA HOUSING AUTHOR PHILADELPHIA EAGLES QUAKER MECHANICAL INC REDEVELOPMENT AUTHO RIVER MECHANICAL INC SCANLON ASSOCIATES INDUSTRIAL SCOTT MECH INC SDA INC SERCO INC SPECTRUM STAR PLUMBING TANDEM ASSOC INC THE PHILLIES TKELLY INC TRACEY MECH INC VOEGELE MECHANICAL INC WEST CHESTER MECHANICAL CONT INC SURETY MECH SERVICES ROSATI MECHANICAL INC PARADIGM MECHANICAL JJM PLUMBING CO JF HIERHOLZER MECH & ELEC JOHN HEDRICK PLUMBING D'ANGELO BROS INC ENELL MCINTOSH MECHANICAL LLC DELONG SERVICE CO INC PRECISION PIPING INC STEPH SIN INC H T LYONS INC ADVANCED SPECIALTY CONTRACTORS LLC MULCO MECHANICAL MID-ATLANTIC MECHANICAL RAMOS & ASSOCIATES INC LUCKY MECHANICAL LLC STONE HILL CONTRACTING CO INC MCALORUM PLUMBING LLC MOY & LINDER MECHANICAL LLC GM MECHANICAL BETZ WILLIAM JR INC COONEY BROTHERS INC DEACON IND SUPPLY CO ECONOMY PLBG SUPP CO GROVE SUPPLY INC H M HILLMAN BRASS PENNYPACK SUPPLY INC THE LABOV HAJOCA CORP (WEINSTEIN) CSHARKEY ENTERPRISES INC FRANCO MECHANICAL CONTRACTORS INC PARKER LEN ASSOC INC THE WARKO GROUP US PIPING INC VINCENT POOLS INC EAST COAST CONSTRUCTORS INC CHESTER POOL SYSTEMS INC M E B PLUMBING LLC ATHENA CONTRACTING INC RICKBORN INDUSTRIAL SRV & ERECTORS THOMAS P CARNEY INC KIEWIT POWER CONSTRUCTORS CO SOUTHLAND INDUSTRIES GOLDEN & COWEN 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1 0 1 FORM 990, SCHEDULE R: THE PLAN UNDERSTANDS THE IRS CALLS FOR ALL EMPLOYERS CONTRIBUTING TO A VEBA, SUCH AS THE PLAN, THAT ARE TO BE CONSIDERED RELATED ORGANIZATIONS FOR PURPOSES OF REPORTING ON SCHEDULE R TO FORM 990 ARE TO BE REPORTED LISTING ONLY THEIR NAME, ON SCHEDULE R. HOWEVER, TO PROPERLY COMPLETE SCHEDULE R CERTAIN INFORMATION IS NEEDED FOR EACH EMPLOYER. WHILE THE PLAN HAS MADE A REASONABLE EFFORT TO OBTAIN, GATHER AND PROPERLY REPORT ALL OF THE REQUIRED DATA, CERTAIN INFORMATION HAS NOT BEEN AVAILABLE OR RECEIVED. THE PLAN WILL CONTINUE TO OBTAIN, GATHER AND PROPERLY REPORT ALL OF THE REQUIRED DATA IN THE FUTURE. IN ADDITION, CERTAIN INFORMATION THAT WAS NOT AVAILABLE BUT WAS CALLED FOR BY THE FORM WAS BASED ON AVAILABLE INFORMATION. THE TYPE OF ENTITY WAS CONSIDERED TO BE A C CORPORATION FOR CERTAIN BUSINESSES FOR WHICH THE PLAN DOES NOT HAVE THE TYPE OF ENTITY.