﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2010v3.4">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2012-10-02T10:39:39-05:00</Timestamp>
    <TaxPeriodEndDate>2011-11-30</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>LEGACY PROFESSIONALS LLP</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>6800 FRANCE AVENUE SO SUITE 550</AddressLine1>
        <City>EDINA</City>
        <State>MN</State>
        <ZIPCode>55435</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990</ReturnType>
    <TaxPeriodBeginDate>2010-12-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>237115412</EIN>
      <Name>
        <BusinessNameLine1>MINNESOTA TEAMSTERS CONSTRUCTION</BusinessNameLine1>
        <BusinessNameLine2>DIVISION FRINGE BENEFIT FUNDS</BusinessNameLine2>
      </Name>
      <NameControl>MINN</NameControl>
      <Phone>6512561900</Phone>
      <USAddress>
        <AddressLine1>C/O ZENITH AMER SOL 2520 PILOT KNOB</AddressLine1>
        <AddressLine2>RD NO 325</AddressLine2>
        <City>MENDOTA HEIGHTS</City>
        <State>MN</State>
        <ZIPCode>55120</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>DAVID LABORDE</Name>
      <Title>CHAIRMAN</Title>
      <Phone>6512561900</Phone>
      <DateSigned>2012-09-14</DateSigned>
      <AuthorizeThirdParty>1</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>LEGACY PROFESSIONALS LLP</Name>
      <Phone>9528413950</Phone>
    </Preparer>
    <TaxYear>2010</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="4">
    <IRS990 documentId="RetDoc1038000001" referenceDocumentId="RetDoc1044400001">
      <NameOfPrincipalOfficerPerson>DAVID LABORDE</NameOfPrincipalOfficerPerson>
      <AddressPrincipalOfficerUS>
        <AddressLine1>C/O ZENITH AMER SOL 2520 PILOT KNOB</AddressLine1>
        <AddressLine2>RD NO</AddressLine2>
        <City>MENDOTA HEIGHTS</City>
        <State>MN</State>
        <ZIPCode>55120</ZIPCode>
      </AddressPrincipalOfficerUS>
      <GrossReceipts>17619670</GrossReceipts>
      <GroupReturnForAffiliates>0</GroupReturnForAffiliates>
      <Organization501c typeOf501cOrganization="9">X</Organization501c>
      <WebSite>N/A</WebSite>
      <TypeOfOrganizationTrust>X</TypeOfOrganizationTrust>
      <YearFormation>1970</YearFormation>
      <StateLegalDomicile>MN</StateLegalDomicile>
      <ActivityOrMissionDescription>PROVIDE HEALTH BENEFITS</ActivityOrMissionDescription>
      <NbrVotingMembersGoverningBody>8</NbrVotingMembersGoverningBody>
      <NbrIndependentVotingMembers>8</NbrIndependentVotingMembers>
      <TotalNbrEmployees>0</TotalNbrEmployees>
      <TotalNbrVolunteers>0</TotalNbrVolunteers>
      <TotalGrossUBI>0</TotalGrossUBI>
      <NetUnrelatedBusinessTxblIncome>0</NetUnrelatedBusinessTxblIncome>
      <ContributionsGrantsPriorYear>0</ContributionsGrantsPriorYear>
      <ContributionsGrantsCurrentYear>0</ContributionsGrantsCurrentYear>
      <ProgramServiceRevenuePriorYear>11895626</ProgramServiceRevenuePriorYear>
      <ProgramServiceRevenueCY>10744970</ProgramServiceRevenueCY>
      <InvestmentIncomePriorYear>311805</InvestmentIncomePriorYear>
      <InvestmentIncomeCurrentYear>707280</InvestmentIncomeCurrentYear>
      <OtherRevenuePriorYear>0</OtherRevenuePriorYear>
      <OtherRevenueCurrentYear>3422</OtherRevenueCurrentYear>
      <TotalRevenuePriorYear>12207431</TotalRevenuePriorYear>
      <TotalRevenueCurrentYear>11455672</TotalRevenueCurrentYear>
      <GrantsAndSimilarAmntsPriorYear>0</GrantsAndSimilarAmntsPriorYear>
      <GrantsAndSimilarAmntsCY>0</GrantsAndSimilarAmntsCY>
      <BenefitsPaidToMembersPriorYear>10352222</BenefitsPaidToMembersPriorYear>
      <BenefitsPaidToMembersCY>11189921</BenefitsPaidToMembersCY>
      <SalariesEtcPriorYear>0</SalariesEtcPriorYear>
      <SalariesEtcCurrentYear>0</SalariesEtcCurrentYear>
      <TotalProfFundrsngExpPriorYear>0</TotalProfFundrsngExpPriorYear>
      <TotalProfFundrsngExpCY>0</TotalProfFundrsngExpCY>
      <TotalFundrsngExpCurrentYear>0</TotalFundrsngExpCurrentYear>
      <OtherExpensePriorYear>919793</OtherExpensePriorYear>
      <OtherExpensesCurrentYear>889135</OtherExpensesCurrentYear>
      <TotalExpensesPriorYear>11272015</TotalExpensesPriorYear>
      <TotalExpensesCurrentYear>12079056</TotalExpensesCurrentYear>
      <RevenuesLessExpensesPriorYear>935416</RevenuesLessExpensesPriorYear>
      <RevenuesLessExpensesCY>-623384</RevenuesLessExpensesCY>
      <TotalAssetsBOY>20881224</TotalAssetsBOY>
      <TotalAssetsEOY>19841329</TotalAssetsEOY>
      <TotalLiabilitiesBOY>100129</TotalLiabilitiesBOY>
      <TotalLiabilitiesEOY>39354</TotalLiabilitiesEOY>
      <NetAssetsOrFundBalancesBOY>20781095</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>19801975</NetAssetsOrFundBalancesEOY>
      <MissionDescription>TO PROVIDE HEALTH CARE, DENTAL, DISABILITY, LIFE, AND ACCIDENTAL DEATH AND DISMEMBERMENT BENEFITS TO MEMBERS.</MissionDescription>
      <SignificantNewProgramServices>0</SignificantNewProgramServices>
      <SignificantChange>0</SignificantChange>
      <Description>PAYMENT OF HEALTH CARE, DENTAL, DISABILITY, LIFE, AND ACCIDENTAL DEATH AND DISMEMBERMENT BENEFITS FOR ELIGIBLE PARTICIPANTS AND DEPENDENTS AS PROVIDED BY THE SUMMARY PLAN DESCRIPTION.</Description>
      <DescribedIn501C3>0</DescribedIn501C3>
      <ScheduleBRequired>0</ScheduleBRequired>
      <PoliticalActivities>0</PoliticalActivities>
      <DonorAdvisedFunds referenceDocumentId="RetDoc1040000001">0</DonorAdvisedFunds>
      <ConservationEasements referenceDocumentId="RetDoc1040000001">0</ConservationEasements>
      <CollectionsOfArt referenceDocumentId="RetDoc1040000001">0</CollectionsOfArt>
      <CreditCounseling referenceDocumentId="RetDoc1040000001">0</CreditCounseling>
      <TermOrPermanentEndowments referenceDocumentId="RetDoc1040000001">0</TermOrPermanentEndowments>
      <ReportLandBldgEquip referenceDocumentId="RetDoc1040000001">0</ReportLandBldgEquip>
      <ReportInvestOthSecurities referenceDocumentId="RetDoc1040000001">0</ReportInvestOthSecurities>
      <ReportProgRelInvest referenceDocumentId="RetDoc1040000001">0</ReportProgRelInvest>
      <ReportOtherAssets referenceDocumentId="RetDoc1040000001">0</ReportOtherAssets>
      <ReportOtherLiabilities referenceDocumentId="RetDoc1040000001">0</ReportOtherLiabilities>
      <ReportFin48Footnote referenceDocumentId="RetDoc1040000001">1</ReportFin48Footnote>
      <IndependentAuditFinancialStmt referenceDocumentId="RetDoc1040000001">1</IndependentAuditFinancialStmt>
      <ConsolidatedAuditFinancialStmt referenceDocumentId="RetDoc1040000001">0</ConsolidatedAuditFinancialStmt>
      <School>0</School>
      <ForeignOffice>0</ForeignOffice>
      <ForeignActivities>0</ForeignActivities>
      <MoreThan5000KToOrganizations>0</MoreThan5000KToOrganizations>
      <MoreThan5000KToIndividuals>0</MoreThan5000KToIndividuals>
      <ProfessionalFundraising>0</ProfessionalFundraising>
      <FundraisingActivities>0</FundraisingActivities>
      <Gaming>0</Gaming>
      <Hospital>0</Hospital>
      <GrantsToOrganizations>0</GrantsToOrganizations>
      <GrantsToIndividuals>0</GrantsToIndividuals>
      <ScheduleJRequired>0</ScheduleJRequired>
      <TaxExemptBonds>0</TaxExemptBonds>
      <LoanToOfficerOrDQP>0</LoanToOfficerOrDQP>
      <GrantToRelatedPerson>0</GrantToRelatedPerson>
      <BsnssRltnshpWithOrganization>0</BsnssRltnshpWithOrganization>
      <BsnssRltnshpThruFamilyMember>0</BsnssRltnshpThruFamilyMember>
      <OfficerEntityWithBsnssRltnshp>0</OfficerEntityWithBsnssRltnshp>
      <DeductibleNonCashContributions>0</DeductibleNonCashContributions>
      <DeductibleContributionsOfArt>0</DeductibleContributionsOfArt>
      <Terminated>0</Terminated>
      <PartialLiquidation>0</PartialLiquidation>
      <DisregardedEntity referenceDocumentId="RetDoc1043400001">0</DisregardedEntity>
      <RelatedEntity referenceDocumentId="RetDoc1043400001">1</RelatedEntity>
      <RelatedOrgControlledEntity>0</RelatedOrgControlledEntity>
      <TransactionRelatedEntity referenceDocumentId="RetDoc1043400001">0</TransactionRelatedEntity>
      <ActivitiesConductedPartnership referenceDocumentId="RetDoc1043400001">0</ActivitiesConductedPartnership>
      <ScheduleORequired>1</ScheduleORequired>
      <NumberFormsTransmittedWith1096>514</NumberFormsTransmittedWith1096>
      <NumberW2GIncluded>0</NumberW2GIncluded>
      <ComplianceWithBackupWitholding>1</ComplianceWithBackupWitholding>
      <NumberOfEmployees>0</NumberOfEmployees>
      <UnrelatedBusinessIncome>0</UnrelatedBusinessIncome>
      <ForeignFinancialAccount>0</ForeignFinancialAccount>
      <ProhibitedTaxShelterTrans>0</ProhibitedTaxShelterTrans>
      <TaxablePartyNotification>0</TaxablePartyNotification>
      <NonDeductibleContributions>0</NonDeductibleContributions>
      <QuidProQuoContributions>0</QuidProQuoContributions>
      <Form8282PropertyDisposedOf>0</Form8282PropertyDisposedOf>
      <IndoorTanningServices>0</IndoorTanningServices>
      <InfoInScheduleOPartVI>X</InfoInScheduleOPartVI>
      <NbrVotingGoverningBodyMembers>8</NbrVotingGoverningBodyMembers>
      <NumberIndependentVotingMembers>8</NumberIndependentVotingMembers>
      <FamilyOrBusinessRelationship>0</FamilyOrBusinessRelationship>
      <DelegationOfManagementDuties>1</DelegationOfManagementDuties>
      <ChangesToOrganizingDocs>0</ChangesToOrganizingDocs>
      <MaterialDiversionOrMisuse>0</MaterialDiversionOrMisuse>
      <MembersOrStockholders>0</MembersOrStockholders>
      <ElectionOfBoardMembers>0</ElectionOfBoardMembers>
      <DecisionsSubjectToApproval>0</DecisionsSubjectToApproval>
      <MinutesOfGoverningBody>1</MinutesOfGoverningBody>
      <MinutesOfCommittees>0</MinutesOfCommittees>
      <OfficerMailingAddress>0</OfficerMailingAddress>
      <LocalChapters>0</LocalChapters>
      <Form990ProvidedToGoverningBody>1</Form990ProvidedToGoverningBody>
      <ConflictOfInterestPolicy>1</ConflictOfInterestPolicy>
      <AnnualDisclosureCoveredPersons>0</AnnualDisclosureCoveredPersons>
      <RegularMonitoringEnforcement>0</RegularMonitoringEnforcement>
      <WhistleblowerPolicy>0</WhistleblowerPolicy>
      <DocumentRetentionPolicy>0</DocumentRetentionPolicy>
      <CompensationProcessCEO>0</CompensationProcessCEO>
      <CompensationProcessOther>0</CompensationProcessOther>
      <InvestmentInJointVenture>0</InvestmentInJointVenture>
      <UponRequest>X</UponRequest>
      <TheBooksAreInCareOf>
        <NameBusiness>
          <BusinessNameLine1>ZENITH AMERICAN SOLUTIONS INC</BusinessNameLine1>
        </NameBusiness>
        <TelephoneNumber>6512561900</TelephoneNumber>
        <AddressUS>
          <AddressLine1>2520 PILOT KNOB ROAD SUITE 325</AddressLine1>
          <City>MENDOTA HEIGHTS</City>
          <State>MN</State>
          <ZIPCode>55120</ZIPCode>
        </AddressUS>
      </TheBooksAreInCareOf>
      <NoListedPersonsCompensated>X</NoListedPersonsCompensated>
      <Form990PartVIISectionA>
        <NamePerson>MIKE WELCH</NamePerson>
        <Title>SECRETARY</Title>
        <AverageHoursPerWeek>2.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>KEITH KRAMER</NamePerson>
        <Title>TRUSTEE-EMPLOYER - PAST</Title>
        <AverageHoursPerWeek>1.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>MARTHA HENRICKSON</NamePerson>
        <Title>TRUSTEE-EMPLOYER</Title>
        <AverageHoursPerWeek>1.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>TONY FRATTALONE</NamePerson>
        <Title>TRUSTEE-EMPLOYER</Title>
        <AverageHoursPerWeek>1.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>KENT PETERSON</NamePerson>
        <Title>TRUSTEE-EMPLOYER - PAST</Title>
        <AverageHoursPerWeek>1.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>STEVE SAUER</NamePerson>
        <Title>TRUSTEE-EMPLOYER</Title>
        <AverageHoursPerWeek>1.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JASON ZINS</NamePerson>
        <Title>ALTERNATE-EMPLOYER</Title>
        <AverageHoursPerWeek>1.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>DAVID LABORDE</NamePerson>
        <Title>CHAIRMAN</Title>
        <AverageHoursPerWeek>2.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>DAVE SCHRUNK</NamePerson>
        <Title>TRUSTEE-UNION</Title>
        <AverageHoursPerWeek>1.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>WAYNE PERLEBERG</NamePerson>
        <Title>TRUSTEE-UNION</Title>
        <AverageHoursPerWeek>1.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>QUINTEN HAUSAUER</NamePerson>
        <Title>TRUSTEE-UNION</Title>
        <AverageHoursPerWeek>1.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>LES KUNDO</NamePerson>
        <Title>ALTERNATE-UNION - PAST</Title>
        <AverageHoursPerWeek>1.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>ZACHARY RADZAK</NamePerson>
        <Title>ALTERNATE-UNION</Title>
        <AverageHoursPerWeek>1.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>TOM NELTON</NamePerson>
        <Title>ALTERNATE-UNION</Title>
        <AverageHoursPerWeek>1.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <TotalReportableCompFromOrg>0</TotalReportableCompFromOrg>
      <TotalReportableCompFrmRltdOrgs>0</TotalReportableCompFrmRltdOrgs>
      <TotalOtherCompensation>0</TotalOtherCompensation>
      <NumberIndividualsGT100K>0</NumberIndividualsGT100K>
      <FormersListed>0</FormersListed>
      <TotalCompGT150K>0</TotalCompGT150K>
      <CompensationFromOtherSources>0</CompensationFromOtherSources>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>ZENITH AMERICAN SOLUTIONS INC</BusinessNameLine1>
          </NameBusiness>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>2520 PILOT KNOB ROAD SUITE 325</AddressLine1>
            <City>MENDOTA HEIGHTS</City>
            <State>MN</State>
            <ZIPCode>55120</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>ADMINISTRATIVE, CLAIMS PROCESSING, AUDIT</DescriptionOfServices>
        <Compensation>389997</Compensation>
      </ContractorCompensation>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>BLUELINK TPA</BusinessNameLine1>
          </NameBusiness>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>1200 YANKEE DOODLE ROAD PO BOX 6</AddressLine1>
            <City>ST PAUL</City>
            <State>MN</State>
            <ZIPCode>55164</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>PPO ACCESS FEES</DescriptionOfServices>
        <Compensation>216084</Compensation>
      </ContractorCompensation>
      <NumberOfContractorsGT100K>2</NumberOfContractorsGT100K>
      <ProgramServiceRevenue>
        <Description>EMPLOYER CONTRIBUTIONS</Description>
        <BusinessCode>900099</BusinessCode>
        <TotalRevenueColumn>10126665</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>10126665</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <ProgramServiceRevenue>
        <Description>PARTICIPANT CONTRIB</Description>
        <BusinessCode>900099</BusinessCode>
        <TotalRevenueColumn>423633</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>423633</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <ProgramServiceRevenue>
        <Description>STOP LOSS RECOVERIES</Description>
        <BusinessCode>900099</BusinessCode>
        <TotalRevenueColumn>156501</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>156501</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <ProgramServiceRevenue>
        <Description>SUBROGATION SETTLEMENT</Description>
        <BusinessCode>900099</BusinessCode>
        <TotalRevenueColumn>36151</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>36151</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <ProgramServiceRevenue>
        <Description>LIQUIDATED DAMAGES</Description>
        <BusinessCode>900099</BusinessCode>
        <TotalRevenueColumn>2020</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>2020</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <TotalProgramServiceRevenue>10744970</TotalProgramServiceRevenue>
      <InvestmentIncome>
        <TotalRevenueColumn>621278</TotalRevenueColumn>
        <ExclusionAmount>621278</ExclusionAmount>
      </InvestmentIncome>
      <GrossAmountSalesAssets>
        <Securities>6250000</Securities>
      </GrossAmountSalesAssets>
      <LessCostOthBasisSalesExpenses>
        <Securities>6163998</Securities>
      </LessCostOthBasisSalesExpenses>
      <GainOrLoss>
        <Securities>86002</Securities>
      </GainOrLoss>
      <NetGainOrLossInvestments>
        <TotalRevenueColumn>86002</TotalRevenueColumn>
        <ExclusionAmount>86002</ExclusionAmount>
      </NetGainOrLossInvestments>
      <OtherRevenueMisc>
        <Description>SECURITIES LITIGATION</Description>
        <BusinessCode>900099</BusinessCode>
        <TotalRevenueColumn>3422</TotalRevenueColumn>
        <ExclusionAmount>3422</ExclusionAmount>
      </OtherRevenueMisc>
      <TotalOtherRevenue>3422</TotalOtherRevenue>
      <TotalRevenue>
        <TotalRevenueColumn>11455672</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>10744970</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
        <ExclusionAmount>710702</ExclusionAmount>
      </TotalRevenue>
      <BenefitsToMembers>
        <Total>11189921</Total>
      </BenefitsToMembers>
      <FeesForServicesManagement>
        <Total>378727</Total>
      </FeesForServicesManagement>
      <FeesForServicesLegal>
        <Total>46322</Total>
      </FeesForServicesLegal>
      <FeesForServicesAccounting>
        <Total>38270</Total>
      </FeesForServicesAccounting>
      <FeesForServicesInvstMgmntFees>
        <Total>1533</Total>
      </FeesForServicesInvstMgmntFees>
      <FeesForServicesOther>
        <Total>362407</Total>
      </FeesForServicesOther>
      <OfficeExpenses>
        <Total>40650</Total>
      </OfficeExpenses>
      <ConferencesMeetings>
        <Total>3220</Total>
      </ConferencesMeetings>
      <Insurance>
        <Total>9661</Total>
      </Insurance>
      <OtherExpenses>
        <Description>GOVERNMENT COMPLIANCE</Description>
        <Total>6753</Total>
      </OtherExpenses>
      <OtherExpenses>
        <Description>BANK CHARGES</Description>
        <Total>1542</Total>
      </OtherExpenses>
      <OtherExpenses>
        <Description>MEMBERSHIP FEES</Description>
        <Total>50</Total>
      </OtherExpenses>
      <TotalFunctionalExpenses>
        <Total>12079056</Total>
      </TotalFunctionalExpenses>
      <CashNonInterestBearing>
        <BOY>413246</BOY>
        <EOY>302399</EOY>
      </CashNonInterestBearing>
      <SavingsAndTempCashInvestments>
        <BOY>1057341</BOY>
        <EOY>2022195</EOY>
      </SavingsAndTempCashInvestments>
      <AccountsReceivable>
        <BOY>1386585</BOY>
        <EOY>1242490</EOY>
      </AccountsReceivable>
      <PrepaidExpensesDeferredCharges>
        <BOY>333</BOY>
        <EOY>0</EOY>
      </PrepaidExpensesDeferredCharges>
      <InvestmentsPubTradedSecurities>
        <BOY>18023719</BOY>
        <EOY>16274245</EOY>
      </InvestmentsPubTradedSecurities>
      <InvestmentsOtherSecurities>
        <BOY>0</BOY>
      </InvestmentsOtherSecurities>
      <TotalAssets>
        <BOY>20881224</BOY>
        <EOY>19841329</EOY>
      </TotalAssets>
      <AccountsPayableAccruedExpenses>
        <BOY>82299</BOY>
        <EOY>25725</EOY>
      </AccountsPayableAccruedExpenses>
      <DeferredRevenue>
        <BOY>17830</BOY>
        <EOY>13629</EOY>
      </DeferredRevenue>
      <TotalLiabilities>
        <BOY>100129</BOY>
        <EOY>39354</EOY>
      </TotalLiabilities>
      <DoNotFollowSFAS117>X</DoNotFollowSFAS117>
      <CapStckTrstPrinCurrentFunds>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </CapStckTrstPrinCurrentFunds>
      <PaidInCapSrplsLandBldgEqpFund>
        <BOY>0</BOY>
        <EOY>0</EOY>
      </PaidInCapSrplsLandBldgEqpFund>
      <RetainedEarningsEndowmentEtc>
        <BOY>20781095</BOY>
        <EOY>19801975</EOY>
      </RetainedEarningsEndowmentEtc>
      <TotalNetAssetsFundBalances>
        <BOY>20781095</BOY>
        <EOY>19801975</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>20881224</BOY>
        <EOY>19841329</EOY>
      </TotalLiabNetAssetsFundBalances>
      <InfoInScheduleOPartXI>X</InfoInScheduleOPartXI>
      <ReconcilationRevenueExpenses>-623384</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>-355736</ReconcilationOtherChanges>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>0</AccountantCompileOrReview>
      <FSAudited>1</FSAudited>
      <AuditCommittee>1</AuditCommittee>
      <FinancialStatementSeparate>X</FinancialStatementSeparate>
      <FederalGrantAuditRequired>0</FederalGrantAuditRequired>
    </IRS990>
    <IRS990ScheduleD documentId="RetDoc1040000001">
      <TotalOfBookValueLandBuildings>0</TotalOfBookValueLandBuildings>
      <TotalRevenue>11455672</TotalRevenue>
      <TotalExpenses>12079056</TotalExpenses>
      <ExcessOrDeficitForYear>-623384</ExcessOrDeficitForYear>
      <NetUnrealizedGLOnInvestments>-355736</NetUnrealizedGLOnInvestments>
      <TotalAdjustments>-355736</TotalAdjustments>
      <ExcessOrDeficitPerFS>-979120</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>11098403</TotRevenueEtcAuditedFinclStmt>
      <NetUnrealizedGainsInvestments>-355736</NetUnrealizedGainsInvestments>
      <RevenueNotRptdF990>-355736</RevenueNotRptdF990>
      <RevenueSubtotal>11454139</RevenueSubtotal>
      <InvestmentExpensesNotIncluded>1533</InvestmentExpensesNotIncluded>
      <RevenueNotRptdOnFinStmt>1533</RevenueNotRptdOnFinStmt>
      <TotalRevenuePerForm990>11455672</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>12077523</TotExpensesEtcAuditedFinclStmt>
      <ExpensesNotRptdF990>0</ExpensesNotRptdF990>
      <ExpensesSubtotal>12077523</ExpensesSubtotal>
      <InvestmentExpensesNotIncluded2>1533</InvestmentExpensesNotIncluded2>
      <ExpensesNotRptdOnFinStmt>1533</ExpensesNotRptdOnFinStmt>
      <TotalExpensesPerForm990>12079056</TotalExpensesPerForm990>
      <Form990ScheduleDPartXIV>
        <Identifier>DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:</Identifier>
        <ReturnReference>PART X:</ReturnReference>
        <Explanation>THE PLAN FILES FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, AND FORM 5500, ANNUAL RETURN/REPORT OF EMPLOYEE BENEFIT PLAN. THE PLAN'S RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE UNTIL THE APPLICABLE STATUTE OF LIMITATIONS EXPIRE.</Explanation>
      </Form990ScheduleDPartXIV>
    </IRS990ScheduleD>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <GeneralExplanation>
        <Identifier>FORM 990, PART VI, SECTION A, LINE 3</Identifier>
        <Explanation>ALTHOUGH THE TRUSTEES RETAIN THE ULTIMATE REPONSIBILITY, THE TRUSTEES HAVE DELEGATED THE DAY TO DAY ADMINISTRATIVE DUTIES TO ZENITH AMERICAN SOLUTIONS INC. AS THE THIRD PARTY ADMINISTRATOR OF THE FUND.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>FORM 990, PART VI, SECTION A, LINE 8B</Identifier>
        <Explanation>THERE IS NO COMMITTEE WITH AUTHORITY TO ACT ON THE BEHALF OF THE GOVERNING BODY.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>FORM 990, PART VI, SECTION B, LINE 11</Identifier>
        <Explanation>FORM 990 IS PROVIDED TO AND REVIEWED BY THE ENTIRE BOARD OF TRUSTEES BEFORE THE FORM 990 IS FILED.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION C, LINE 19</ReturnReference>
        <Explanation>THE PLAN MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO PARTICIPANTS AT THE PLAN OFFICE. THESE DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>CHANGES IN NET ASSETS OR FUND BALANCES:</Identifier>
        <ReturnReference>FORM 990, PART XI, LINE 5:</ReturnReference>
        <Explanation>NET UNREALIZED LOSSES ON INVESTMENTS: -355,736.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="RetDoc1043400001">
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>MN TEAMSTERS CONSTRUCTION DIV PENSION FUND</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>2520 PILOT KNOB ROAD STE 325</AddressLine1>
          <City>MENDOTA HEIGHTS</City>
          <State>MN</State>
          <ZIPCode>55120</ZIPCode>
        </AddressUS>
        <EIN>416187751</EIN>
        <PrimaryActivities>TO PROVIDE PENSION BENEFITS</PrimaryActivities>
        <LegalDomicileState>MN</LegalDomicileState>
        <ExemptCodeSection>401(A)</ExemptCodeSection>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>MN TEAMSTERS CONSTRUCTION DIV JATC FUND</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>2520 PILOT KNOB ROAD STE 325</AddressLine1>
          <City>MENDOTA HEIGHTS</City>
          <State>MN</State>
          <ZIPCode>55120</ZIPCode>
        </AddressUS>
        <EIN>411676452</EIN>
        <PrimaryActivities>TO PROVIDE TRAINING FOR APPRENTICES</PrimaryActivities>
        <LegalDomicileState>MN</LegalDomicileState>
        <ExemptCodeSection>501(C)(9)</ExemptCodeSection>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <ReceiptOfIntAnnRentsRoyalties>0</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>0</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>0</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>0</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>0</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>0</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>0</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>0</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>0</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>0</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>0</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>0</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>0</SharingOfFacilities>
      <SharingOfPaidEmployees>0</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>0</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>0</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>0</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>0</OtherTransferFromOtherOrg>
    </IRS990ScheduleR>
  </ReturnData>
</Return>