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        <Desc>BENEFIT OBLIG - CLAIMS IBNR</Desc>
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        <Desc>RECIPROCITY PAYABLE</Desc>
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      <FootnoteTextInd>X</FootnoteTextInd>
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        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 3, PART X</FormAndLineReferenceDesc>
        <ExplanationTxt>THE PLAN OBTAINED ITS LATEST DETERMINATION LETTER ON APRIL 25, 2000, IN WHICH THE INTERNAL REVENUE SERVICE STATES THAT THE PLAN AND RELATED TRUST, AS THEN DESIGNED, WERE IN COMPLIANCE WITH APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE CODE. THE PLAN HAS BEEN AMENDED SINCE RECEIVING THE DETERMINATION LETTER. HOWEVER, THE PLAN ADMINISTRATOR AND THE PLAN'S LEGAL COUNSEL BELIEVE THE PLAN IS CURRENTLY DESIGNED AND BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY IF THE PLAN HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE PLAN ADMINISTRATOR BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2022.</ExplanationTxt>
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        <PersonNm>THOMAS LUTZ</PersonNm>
        <TitleTxt>CHAIRMAN</TitleTxt>
        <CompensationBasedOnRltdOrgsAmt>241870</CompensationBasedOnRltdOrgsAmt>
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        <TotalCompensationRltdOrgsAmt>370113</TotalCompensationRltdOrgsAmt>
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      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>MICHAEL BARNWELL</PersonNm>
        <TitleTxt>TRUSTEE</TitleTxt>
        <CompensationBasedOnRltdOrgsAmt>187712</CompensationBasedOnRltdOrgsAmt>
        <BonusRelatedOrganizationsAmt>600</BonusRelatedOrganizationsAmt>
        <OtherCompensationRltdOrgsAmt>10764</OtherCompensationRltdOrgsAmt>
        <DeferredCompRltdOrgsAmt>96657</DeferredCompRltdOrgsAmt>
        <NontaxableBenefitsRltdOrgsAmt>22859</NontaxableBenefitsRltdOrgsAmt>
        <TotalCompensationRltdOrgsAmt>318592</TotalCompensationRltdOrgsAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>RICH WILLIAMSON</PersonNm>
        <TitleTxt>TRUSTEE</TitleTxt>
        <CompensationBasedOnRltdOrgsAmt>147819</CompensationBasedOnRltdOrgsAmt>
        <BonusRelatedOrganizationsAmt>600</BonusRelatedOrganizationsAmt>
        <OtherCompensationRltdOrgsAmt>1520</OtherCompensationRltdOrgsAmt>
        <DeferredCompRltdOrgsAmt>86839</DeferredCompRltdOrgsAmt>
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        <TotalCompensationRltdOrgsAmt>249029</TotalCompensationRltdOrgsAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>PAUL JEWELL</PersonNm>
        <TitleTxt>TRUSTEE</TitleTxt>
        <CompensationBasedOnRltdOrgsAmt>112643</CompensationBasedOnRltdOrgsAmt>
        <BonusRelatedOrganizationsAmt>600</BonusRelatedOrganizationsAmt>
        <OtherCompensationRltdOrgsAmt>26740</OtherCompensationRltdOrgsAmt>
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        <NontaxableBenefitsRltdOrgsAmt>22859</NontaxableBenefitsRltdOrgsAmt>
        <TotalCompensationRltdOrgsAmt>240206</TotalCompensationRltdOrgsAmt>
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      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>MIKE JACKSON JR</PersonNm>
        <TitleTxt>TRUSTEE</TitleTxt>
        <CompensationBasedOnRltdOrgsAmt>102815</CompensationBasedOnRltdOrgsAmt>
        <BonusRelatedOrganizationsAmt>600</BonusRelatedOrganizationsAmt>
        <OtherCompensationRltdOrgsAmt>33500</OtherCompensationRltdOrgsAmt>
        <DeferredCompRltdOrgsAmt>75113</DeferredCompRltdOrgsAmt>
        <NontaxableBenefitsRltdOrgsAmt>12251</NontaxableBenefitsRltdOrgsAmt>
        <TotalCompensationRltdOrgsAmt>224279</TotalCompensationRltdOrgsAmt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990 - ORGANIZATION'S MISSION</FormAndLineReferenceDesc>
        <ExplanationTxt>THE EMPLOYEE BENEFIT FUND IS CRAFTED FOR THE PURPOSE OF PROVIDING HEALTH AND WELFARE BENEFITS TO PARTICIPANTS FOR THE BENEFIT OF THE MEMBERSHIP, ON BEHALF OF THE MICHIGAN REGIONAL COUNCIL OF CARPENTERS, IN COMPLIANCE WITH THE TAFT-HARTLEY ACT.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 1, PART I, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>VOLUNTEERS CONSIST OF UNCOMPENSATED BOARD OF TRUSTEES' MEMBERS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 3</FormAndLineReferenceDesc>
        <ExplanationTxt>THE MICHIGAN REGIONAL COUNCIL OF CARPENTERS EMPLOYEE BENEFITS FUND'S TRUSTEES HAVE HIRED BENESYS, INC. AS THE THIRD PARTY ADMINISTRATOR FOR THE FUND'S DAILY OPERATIONS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE CPA PREPARES THE FORM 990 AND PRESENTS TO THE BOARD OF TRUSTEES AT THE BOARD MEETING. THE BOARD THEN REVIEWS THE FORM 990 DURING THE MEETING AND, ONCE APPROVED, THE BOARD AUTHORIZES THE FILING OF THE TAX RETURN.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XI, LINE 9</FormAndLineReferenceDesc>
        <ExplanationTxt>CHANGE IN FUTURE ELIGIBILITY -1,400,000 CHANGE IN CLAIMS IBNR -1,133,501 CHANGE IN OTHER CLAIMS PAYABLE -4,551,793 TOTAL -7,085,294</ExplanationTxt>
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          <BusinessNameLine1Txt>CARPENTERS FRINGE BENEFIT FUNDS</BusinessNameLine1Txt>
          <BusinessNameLine2Txt>JOINT DELINQUENCY COMMITTEE</BusinessNameLine2Txt>
        </DisregardedEntityName>
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          <AddressLine1Txt>22260 HAGGERTY ROAD</AddressLine1Txt>
          <CityNm>NORTHVILLE</CityNm>
          <StateAbbreviationCd>MI</StateAbbreviationCd>
          <ZIPCd>48167</ZIPCd>
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      <IdRelatedTaxExemptOrgGrp>
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          <BusinessNameLine1Txt>MI REGIONAL COUNCIL OF CARPENTERS</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <USAddress>
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          <AddressLine2Txt>SUITE 1010</AddressLine2Txt>
          <CityNm>DETROIT</CityNm>
          <StateAbbreviationCd>MI</StateAbbreviationCd>
          <ZIPCd>48243</ZIPCd>
        </USAddress>
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          <BusinessNameLine2Txt>CONTRACTORS OF AMERICA</BusinessNameLine2Txt>
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          <AddressLine1Txt>2323 N LARCH STREET</AddressLine1Txt>
          <CityNm>LANSING</CityNm>
          <StateAbbreviationCd>MI</StateAbbreviationCd>
          <ZIPCd>48906</ZIPCd>
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          <BusinessNameLine2Txt>ASSOCIATION</BusinessNameLine2Txt>
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          <AddressLine1Txt>2524 HARTE DRIVE</AddressLine1Txt>
          <CityNm>BRIGHTON</CityNm>
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          <AddressLine1Txt>PO BOX 46445</AddressLine1Txt>
          <CityNm>MOUNT CLEMENS</CityNm>
          <StateAbbreviationCd>MI</StateAbbreviationCd>
          <ZIPCd>48046</ZIPCd>
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          <AddressLine1Txt>3135 S STATE STREET NORTH</AddressLine1Txt>
          <CityNm>ANN ARBOR</CityNm>
          <StateAbbreviationCd>MI</StateAbbreviationCd>
          <ZIPCd>48108</ZIPCd>
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          <StateAbbreviationCd>MI</StateAbbreviationCd>
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</Return>