2011-11-14T11:19:51-06:00 2010-12-31 BOND BEEBE 4600 EAST-WEST HIGHWAY SUITE 900 BETHESDA MD 208143423 990 2010-01-01 530227042 BAKERY AND CONFECTIONERY UNION AND INDUSTRY INTERNATIONAL HEALTH BENEFITS FUND BAKE 3014683750 10401 CONNECTICUT AVE KENSINGTON MD 208953960 ROBERT BERGIN 2011-11-01 SCOTT PRICE 3012726000 2010 2016-02-24 21:20:13Z ROBERT J BERGIN 10401 CONNECTICUT AVENUE KENSINGTON MD 208953960 389361157 false X BCTRUSTFUNDS.ORG X 1953 NY THE FUND OPERATES AS A TRUST TO PROVIDE CERTAIN HEALTH BENEFITS TO LOCAL UNION EMPLOYEES, FUND OFFICE EMPLOYEES AND COVERED EMPLOYEES OF PARTICIPATING EMPLOYERS UNDER COLLECTIVELY BARGAINED AGREEMENTS. 14 14 75 0 0 0 0 0 39881266 39144339 10190786 22051817 0 0 50072052 61196156 0 0 39540043 38963950 2263472 2269135 0 0 0 3035086 2889014 44838601 44122099 5233451 17074057 230419622 242065608 2571635 3962636 227847987 238102972 THE ORGANIZATION IS THE TRUST FOR THE BAKERY AND CONFECTIONERY UNION AND INDUSTRY INTERNATIONAL HEALTH BENEFITS PLAN, A COLLECTIVELY BARGAINED WELFARE BENEFIT PLAN SERVING THE UNION MEMBERS OF THE BAKERY AND CONFECTIONERY INDUSTRY. false false FUNDED HEALTH, DISABILITY, AND DEATH BENEFITS FOR MEMBERS, WHICH NUMBERED approximately 37,500 AS OF DECEMBER 31, 2010. false false false false false false false false true false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false true false false false true 4698 0 true 75 true false false false false false false X 14 14 false false false false false true false true false true false false false false true false false false NY X ROBERT J BERGIN 3014683720 10401 CONNECTICUT AVE KENSINGTON MD 208953960 X FRANK HURT 1.0 X X 0 0 0 DAVID B DURKEE 1.0 X 0 0 0 STEVEN V BERTELLI 1.0 X 0 0 0 ANTHONY L JOHNSON 1.0 X 0 0 0 ART MONTMINY 1.0 X 0 0 0 ROBERT OAKLEY 1.0 X 0 0 0 RANDY D ROARK 1.0 X 0 0 0 JOSEPH THIBODEAU 1.0 X 0 0 0 RICHARD B COOK 1.0 X X 0 0 0 THOMAS G KIRCHNER 1.0 X 0 0 0 LOU MINELLA 1.0 X 0 0 0 JON MCPHERSON 1.0 X 0 0 0 JOHN WAGNER 1.0 X 0 0 0 DAN CRAIG 1.0 X 0 0 0 ROBERT J BERGIN 8.0 X 42533 170133 11030 STEVEN BROCK 8.0 X 24214 96859 40243 HILTON BRAKE 14.0 X 45382 84280 53241 MICHAEL KIDD 14.0 X 38887 72219 51907 151016 423491 156421 0 false true false PNC - FINANCIAL SERVICES TWO HOPKINS PLAZA BALTIMORE MD 21203 CUSTODIAL SERVICES 277544 BOND BEEBE 4600 EAST-WEST HWY SUITE 900 BETHESDA MD 208143423 ACCOUNTING SERVICES 231881 THE SEGAL COMPANY ONE PARK AVENUE 8TH FLOOR NEW YORK NY 100165895 ACTUARY SERVICES 288694 CAPARIO 4415 SOLUTIONS CENTER CHICAGO IL 606774404 MEDICAL REIMBURSEMNT 190991 FEDERATED MDT ADVISORS 125 HIGH STREET CAMBRIDGE MA 02140 INVESTMENT MGMT 321800 6 0 EMPLOYERS CONTRIBUTIONS 525100 24745615 24745615 PARTICIPANTS COBRA CONTRIBUTIONS 525100 186169 186169 RETIREES CONTRIBUTIONS 525100 14212555 14212555 39144339 8603816 8603816 0 0 341613002 328165001 13448001 13448001 13448001 0 0 0 0 61196156 39144339 22051817 0 0 0 38963950 71160 0 1321985 474695 289570 111725 0 124051 231881 0 0 599342 288694 0 530608 0 0 344592 0 0 29731 0 0 299560 29054 ADMINISTRATIVE COSTS 5944 ALLOCATED ADMINISTRATION 149400 MEMBERSHIP FEES 17774 HEALTH CARE AUDITING 5579 MEDICAL CLAIMS PROCESS/REVIEW 215793 17011 44122099 -39864 -377481 2936824 7890599 1985410 2355964 213021 75799 6691420 6140305 663777 551115 222034059 228944245 2626395 2625367 230419622 242065608 399535 334929 675879 668759 1496221 2958948 2571635 3962636 X 227847987 238102972 227847987 238102972 230419622 242065608 X 17074057 -6819072 X false true true X 1148333 1125864 22469 5333598 4816353 517245 209489 198088 11401 551115 0 CASH COLLATERAL OBLIGATION 1082749 DUE FOR INVESTMENTS PURCHASED 101018 NET UNFUNDED PENSION LIABILITY 1775181 2958948 61196156 44122099 17074057 -4942996 -1876076 -6819072 10254985 55653818 -4942996 -4942996 60596814 599342 599342 61196156 43522757 43522757 599342 599342 44122099 FIN 48 FOOTNOTE PART X, LINE 2 Accounting principles generally accepted in the United States of America require management of an organization to evaluate tax positions taken by the organization and recognize an income tax liability if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has evaluated the tax positions taken by the Fund and concluded that as of December 31, 2010 there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. OTHER CHANGE IN NET ASSETS RECONCILIATION PART XI, LINE 8 $1,876,076 REPRESENTS EFFECT OF ADOPTION OF ASC 715, WHICH IS THE RECOGNIZING OF PREPAID OR ACCRUED PENSION COSTS BY EMPLOYERS THAT SPONSOR A DEFINED BENEFIT PENSION PLAN. false false false ROBERT J BERGIN 39179 156716 0 0 3354 13417 0 0 2206 8824 44739 178957 0 0 HILTON BRAKE 42406 78754 0 0 2976 5526 11692 30518 3861 7170 60935 121968 0 0 STEVEN BROCK 22539 90157 0 0 1675 6702 8092 21121 2206 8824 34512 126804 0 0 MICHAEL KIDD 38887 72219 0 0 0 0 11323 29553 3861 7170 54071 108942 0 0 DEFERRED COMPENSATION PART II, COLUMN C THE AMOUNTS IN THIS COLUMN ONLY REPRESENT THE ANNUAL INCREASE IN ACTUARIAL VALUE OF A QUALIFIED DEFINED BENEFIT PLAN, AS CALCULATED BY THE PLAN ACTUARY. REVIEW PROCESS OF FORM 990 PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES HAS DELEGATED THE RESPONSIBILITY TO REVIEW THE FORM 990 PRIOR TO FILING TO THE MANAGER OF ADMINISTRATIVE SERVICES AND THE EXECUTIVE DIRECTOR. SELECTION OF TRUSTEES PART VI, SECTION A, LINE 7A THE TRUSTEES ARE APPOINTED BY THE UNIONS AND EMPLOYERS, WHO PARTICIPATE IN THE HEALTH BENEFIT PLAN. EACH GROUP HAS THE RIGHT TO SELECT UP TO EIGHT TRUSTEES TO SERVE ON THE BOARD. PUBLIC AVAILABILITY OF GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS PART VI, SECTION C, LINE 19 THE BENEFIT PLAN DOES MAKE ITS PLAN DOCUMENT, TRUST DOCUMENT AND SUMMARY PLAN DESCRIPTION AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. OTHER COMMITTEES PART VI, SECTION A, LINE 8B THE BENEFIT PLAN HAS NO OTHER COMMITTEE THAT CAN ACT ON THE BEHALF OF THE GOVERNING BODY. MAILING ADDRESSES FOR TRUSTEES DIFFERENT FROM FUND ADDRESS PART VI, SECTION A, LINE 11 LIST OF TRUSTEES THAT ARE REACHED AT AN ADDRESS DIFFERENT FROM THE TRUST: ------------------------------------------------------------------------- Steven V. Bertelli International Vice President, BCTGM International Union PO Box 199, Loami, IL 62661-0199 Richard B. Cook Secretary, Board of Trustees Cook Labor Relations Consultants, LLC 6205 West 127th Terrace, Overland Park, KS 66209 Anthony L. Johnson International Vice President, BCTGM International Union 8415 King William Street, Cordova, TN 38016 Art Montminy International Vice President, BCTGM International Union P. O. Box 628, Douglas, MA 01516 Robert Oakley International Vice President, BCTGM International Union 706 Stelwood Road, Philadelphia, PA 19115 Randy D. Roark International Vice President, BCTGM International Union 12506 37th Ave Court, N.W., Gig Harbor, WA 98332 Dan Craig Vice President, Labor & Employee Relations Sara Lee North America 3500 Lacey Road, Downers Grove, IL 60515 Thomas G. Kirchner Sr. Director of Labor Relations Kraft Foods 3 Lakes Drive, Northfield, IL 60093 Jon McPherson Vice President, Labor Relations Kellogg Company One Kellogg Square, Battle Creek, MI 49017 Lou Minella Vice President, Labor Relations Stroehmann Bakeries 255 Business Center Drive, #200, Horsham, PA 19044 John Wagner Vice President of Labor Relations The Kroger Company 1014 Vine Street, Cincinnati, OH 45202-1100 NONCASH OUTLAYS INCLUDED IN COMPENSATION PART VII, SECTION A, COLUMN E & F $112,299 OF COLUMN F REPRESENT AMOUNTS CALCULATED BY THE PLAN ACTUARY AS TO THE INCREASE IN ACTUARIAL VALUE IN DEFINED BENEFITS. THESE AMOUNTS REPORTED ARE NOT ACTUAL OUTLAYS OF COMPENSATION TO THE OFFICERs AND HIGHLY COMPENSATED EMPLOYEES. OTHER CHANGE IN NET ASSETS PART XI, LINE 5 UNREALIZED LOSSES FROM INVESTMENTS (4,942,996). EFFECT OF ADOPTION OF ASC 715 (1,876,076). ------------ OTHER CHANGE IN NET ASSETS (6,819,072). ============ CONTRIBUTING EMPLOYER RECEIVABLES AT YEAR-END PART X Contributions receivable outstanding at the plan's year-end from contributing employers represent amounts due for the last month of the fiscal year. These contributions are requirements, as stipulated under terms of written agreements and, approved by the governing board, with the employers that must be remitted to the plan on a timely basis. These amounts constitute receivables that were created in the ordinary course of the plan's business. HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:FRANK HURT TITLE:CHAIRMAN/UNION TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:DAVID B DURKEE TITLE:UNION TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:STEVEN V BERTELLI TITLE:UNION TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:ANTHONY L JOHNSON TITLE:UNION TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:ART MONTMINY TITLE:UNION TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:ROBERT OAKLEY TITLE:UNION TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:RANDY D ROARK TITLE:UNION TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:JOSEPH THIBODEAU TITLE:UNION TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:RICHARD B COOK TITLE:SECRETARY/EMPLOYER TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:THOMAS G KIRCHNER TITLE:EMPLOYER TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:LOU MINELLA TITLE:EMPLOYER TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:JON MCPHERSON TITLE:EMPLOYER TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:JOHN WAGNER TITLE:EMPLOYER TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:DAN CRAIG TITLE:EMPLOYER TRUSTEE HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:ROBERT J BERGIN TITLE:EXECUTIVE DIRECTOR HOURS:32 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:STEVEN BROCK TITLE:MANAGER OF ADMIN SERVICES HOURS:32 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:HILTON BRAKE TITLE:MANAGER OF INFORMATION TECH HOURS:26 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:MICHAEL KIDD TITLE:OPERATIONS & DATA CNTRL SUPER. HOURS:26 b&c union & industry intl pension 10401 CONNECTICUT AVE KENSINGTON MD 20895 526118572 PENSION FUND MD 401(A) false HOSTESS BRANDS INC 6031 CONNECTION DRIVE IRVING TX 75039 440296705 FOOD MFG DE C CORP KRAFT FOODS GLOBAL INC THREE LAKES DRIVE NORTHFIELD IL 60093 363083135 FOODS MFG VA C CORP false false false false false false false false false false false false true true false false false false