2011-11-08T09:57:59-06:00 2010-12-31 BANSLEY AND KIENER LLP 8745 WEST HIGGINS ROAD SUITE 200 CHICAGO IL 606312704 990 2010-01-01 362196735 STRUCTURAL IRON WORKERS LOCAL 1 WELFARE FUND STRU 7083661188 7700 INDUSTRIAL DRIVE FOREST PARK IL 60130 JEAN NEMCEK 7083661188 2011-11-03 1 PAUL A MERKEL 3122632700 2010 2016-03-07 17:11:31Z JEAN NEMCEK 7700 INDUSTRIAL DR FOREST PARK IL 60130 40513196 0 X WWW.IWLOCAL1.COM X 1951 IL TO PROVIDE PARTICIPANTS AND THEIR BENEFICIARIES BENEFITS AS DESCRIBED IN THE PLAN DOCUMENT 6 6 1 0 0 0 0 0 23471431 20730239 -790729 1673156 470 485 22681172 22403880 0 0 32303668 17544264 30459 10572 0 0 0 753019 810954 33087146 18365790 -10405974 4038090 35764627 34231425 30874289 24760957 4890338 9470468 TO PROVIDE PARTICIPANTS AND THEIR BENEFICIARIES BENEFITS AS DESCRIBED IN THE PLAN DOCUMENT. 0 0 THE PLAN PROVIDES MEDICAL, DENTAL, OPTICAL, HEARING AIDS, DISABILITY AND DEATH BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR BENEFICIARIES. 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 1 1 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 0 1 0 X JEAN NEMCEK 7083661188 7700 INDUSTRIAL DR FOREST PARK IL 60130 X JOHN ZAHORIK 0.30 X 0 0 0 THERESA KERN 0.30 X 0 0 0 PATRICK CLARK 0.30 X 0 0 0 ROBERT BOSKOVICH 0.30 X 0 0 0 CRAIG SATALIC 0.30 X 0 0 0 JOHN GARDINER 0.30 X 0 0 0 0 0 0 0 0 0 0 GROUP ADMINISTRATORS LTD 915 NATIONAL PARKWAY STE F SCHAUMBURG IL 60173 CLAIMS PROCESSING 372576 LANER MUCHIN DOMBROW BECKER LEVIN A 515 N STATE STREET STE 2800 CHICAGO IL 60610 LEGAL SERVICES 182928 THE SEGAL COMPANY 101 N WACKER DRIVE STE 500 CHICAGO IL 60606 CONSULTING SERVICES 170098 3 EMPLOYER CONTRIBUTIONS 900099 18363336 18363336 RETIREE CO-PAYMENTS 900099 1266593 1266593 COBRA CONTRIBUTIONS 900099 826761 826761 EARLY RETIREE REINSURA 900099 249878 249878 MEDICARE REIMBURSEMENT 900099 23671 23671 20730239 705725 705725 19076747 18109316 967431 967431 967431 MISCELLANEOUS INCOME 900099 485 485 485 22403880 21698155 0 705725 17544264 9692 880 305948 70985 64493 193150 6139 15717 1313 229 29498 ADMINISTRATIVE SERVICES 115135 OUTSIDE TEMPORARY SERVI 5280 DUES AND SUBSCRIPTIONS 3039 MISCELLANEOUS EXPENSE 28 18365790 248518 2045963 1890412 2093956 53226 22292 146593 146593 229 0 9865337 10159853 23456224 19393654 250681 515707 35764627 34231425 164375 178688 30709914 24582269 30874289 24760957 X 0 0 0 0 4890338 9470468 4890338 9470468 35764627 34231425 X 4038090 542040 X X 0 1 1 X 0 86609 86609 0 59984 59984 0 0 CERTIFICATES OF DEPOSIT 649147 F COMMON AND COLLECTIVE TRUSTS 14523141 F MUTUAL FUNDS 4221366 F 19393654 ESTIMATED LIABILITY FOR FUTURE BENEFITS 21268800 ESTIMATED LIABILITY FOR CLAIMS PAYABLE AND CLAIMS INCURRED AND NOT REPORTED 3313469 24582269 22403880 18365790 4038090 542040 542040 4580130 22881427 542040 542040 22339387 64493 64493 22403880 24371258 0 24371258 64493 -6069961 -6005468 18365790 PART XIII, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN CLAIMS PAYABLE -6,069,961. X X 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT ARE AUTHORIZED TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED BY THE TRUSTEES AT THE MEETING PRECEDING THE DUE DATE OF THE FILING. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE WITH THE POLICIES ARE REVIEWED AND MONITORED THROUGH DISCUSSION AT THE TRUSTEES' MEETINGS. FORM 990, PART VI, SECTION B, LINE 15B THE SALARY OF THE FUND ADMINISTRATOR IS DETERMINED AND APPROVED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND THE FINANCIAL STATEMENTS ARE MADE AVAILABLE TO PLAN PARTICIPANTS UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 542,040. FORM 990, PART XI, LINE 2C: THE ORGANIZATION'S BOARD OF TRUSTEES ASSUME THE RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS. THERE HAS BEEN NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR.