2018-05-23T22:11:28-05:00 2017-08-31 205496781 James P Hasselman CPA LLC PO Box 11149 Honolulu HI 96828 990 2016-09-01 996014752 Hawaii Carpenters Health & Welfare Fund HAWA 8088417575 200 N Vineyard Blvd No 100 Honolulu HI 96817 Ronald Taketa Co-Chair, Board of Trustees 8088417575 2018-05-21 1 James Hasselman P00653759 8087215483 2018-05-21 X 2016 2022-09-23 18:48:47Z Ronald Taketa 200 N Vineyard Blvd No 100 Honolulu HI 96817 128231203 0 X www.hbai.net X 1967 HI To operate health and welfare employee benefit plans. 10 10 0 0 0 0 0 0 59907189 53328749 7174833 8269573 0 0 67082022 61598322 0 0 34256299 39625544 0 0 0 0 0 2565591 2725845 36821890 42351389 30260132 19246933 221461175 248705737 571891 1393850 220889284 247311887 To operate health and welfare employee benefit plans. 0 0 Medical, dental, life insurance and other health & welfare benefits were provided to eligible participants under two employee benefit plans. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 65 0 1 0 0 0 0 0 0 0 0 0 X 10 10 1 1 0 0 0 1 0 1 1 0 0 1 0 0 0 0 0 0 X Hawaii Benefit Administrators Inc 8088417575 200 N Vineyard Blvd Suite 100 Honolulu HI 96817 X Eric Hashizume Co-Chairman 1.00 X X 0 0 0 Ronald Taketa Co-Chairman 1.00 X X 0 0 0 Russell Young Secretary 0.10 X X 0 0 0 Kyle Chock Trustee 0.10 X 0 0 0 Glen Kaneshige Trustee 0.10 X 0 0 0 Ralph Kai Hoohuli Trustee 0.10 X 0 0 0 George Ehara Trustee 0.10 X 0 0 0 Conrad Verdugo Trustee 0.10 X 0 0 0 Shayne Chung Trustee 0.10 X 0 0 0 Travis Murakami Trustee 0.10 X 0 0 0 Alika Fujimoto Alternate 0.10 X 0 0 0 Henry Iida Co-Chairman, partial year 0.10 X X 0 0 0 0 0 0 0 0 0 0 Hawaii Benefit Administrators Inc 200 N Vineyard Blvd Ste 100 Honolulu HI 96817 Plan administration 523906 UBS Financial Services 733 Bishop Street Ste 1600 Honolulu HI 96813 Investment management 202495 First Hawaiian Bank PO Box 3200 Honolulu HI 96847 Investment custody 152611 Benefit Plan Solutions Inc 680 Iwilei Road Suite 528 Honolulu HI 96817 Plan consulting 122487 4 Employer contributions 230000 51881047 51881047 Employee contributions 230000 1447702 1447702 53328749 7055912 7055912 67846542 66632881 1213661 1213661 1213661 61598322 53328749 0 8269573 39625544 523906 70077 80900 252606 288056 121554 30459 5442 25831 Claims processing expen 1191040 TRP and PCORI fees 131531 Miscellaneous expenses 4443 42351389 12792397 14356972 6952363 4513738 200218641 228026339 1497774 1808688 221461175 248705737 571891 1393850 571891 1393850 X 0 0 0 0 220889284 247311887 220889284 247311887 221461175 248705737 19246933 7175670 0 X X 0 1 X 1 0 0 X Part X, Line 2: The filing organization is an employee benefit trust consisting of two employee benefit plans. The two plans are separately audited. A consolidated audit at the trust level is not performed. The audited financial statements of each plan provide general disclosures pertaining to FIN 48 (ASC 740). The plan administrator is not aware of any uncertain tax positions affecting the plans or the trust. Hawaii Benefit Administrators Inc (HBAI) One or more trustees of the organization is a director of HBAI. 523906 The organization has contracted with HBAI to provide plan administration services to the Fund. 0 Form 990, Part VI, Section A, line 2 The Board of Trustees is composed of ten voting trustees, five of whom are union" trustees and five of whom are "contractor" trustees. The union" trustees are appointed by the Hawaii Regional Council of Carpenters. The "contractor" trustees are appointed by the General Contractors Labor Association and/or the Building Industry Labor Association. Form 990, Part VI, Section A, line 3 Management control is retained by the Board of Trustees. Administrative duties have been contracted to a third party administrator. Form 990, Part VI, Section A, line 7a The governing board is appointed by the Hawaii Regional Council of Carpenters, the General Contractors Labor Association, and/or the Building Industry Labor Association. Form 990, Part VI, Section B, line 11b A draft of form 990 was provided to the Board of Trustees as part of the May 2018 trustee meeting materials and reviewed with the trustees by the tax preparer at the May 2018 trustee meeting. Form 990 was subsequently filed with the IRS. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, form 990, and financial statements available for public inspection upon request. Form 990, Part XII, Line 2c: The process for reviewing the audits of the two employee benefit plans comprising the trust has not changed from the prior year. Hawaii Carpenters Apprenticeship Training Fund 200 N Vineyard Blvd Suite 100 Honolulu HI 96817 990119158 To provide education and training benefits to unionized employees HI 501(c)(5) None 0 Hawaii Carpenters Market Recovery Program Fund 200 N Vineyard Blvd Suite 100 Honolulu HI 96817 990264270 To explore joint employer/employee work opportunities HI 501(c)(5) None 0 Hawaii Carpenters Vacation & Holiday Fund 200 N Vineyard Blvd Suite 100 Honolulu HI 96817 996025504 To provide vacation and holiday benefits to unionized employees HI 501(c)(9) None 0 Hawaii Carpenters Financial Security Fund 200 N Vineyard Blvd Suite 100 Honolulu HI 96817 990264272 Employee benefit plan providing retirement benefits HI None 0 Hawaii Carpenters 401(k) Fund 200 N Vineyard Blvd Suite 100 Honolulu HI 96817 550822045 Employee benefit plan providing retirement benefits HI None 0 808 SOLAR LLC 96-1382 WAIHONA ST 6 PEARL CITY HI 96782 A'S CARPENTRY INC PO BOX 970505 WAIPAHU HI 96797 ACOUSTICAL DRYWALL SYS INC P O 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