2025-02-07T11:12:22-06:00 2024-03-31 222951202 MSPC CPAS & ADVISORS PC 340 NORTH AVENUE EAST CRANFORD NJ 070162496 990 2023-04-01 222236617 TRUSTEES LOCAL 400 IBEW WELFARE FUND C/O IE SHAFFER & CO TRUS 6097181323 830 BEAR TAVERN ROAD WEST TRENTON NJ 08628 JONATHAN D LEVINE ADMINISTRATOR 6097181323 2025-02-07 1 1 PATRICK M TROMBETTA CPA P00450410 9082727000 2023 2025-03-06 01:10:19Z JONATHAN D LEVINE 830 BEAR TAVERN ROAD WEST TRENTON NJ 08628 16204503 0 X N/A X 1978 NJ TO PROVIDE GROUP HEALTH BENEFITS TO ELIGIBLE PARTICIPANTS. 7 7 0 0 0 0 0 0 15394881 15234594 168402 252615 0 18 15563283 15487227 0 0 14491500 14051629 0 0 0 0 0 629477 633310 15120977 14684939 442306 802288 12615377 13477898 1942599 1918123 10672778 11559775 TO PROVIDE GROUP HEALTH BENEFITS TO ELIGIBLE PARTICIPANTS. 0 0 TO PROVIDE GROUP HEALTH BENEFITS TO ELIGIBLE PARTICIPANTS. 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 1 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 X IE SHAFFER & CO 6097181323 830 BEAR TAVERN ROAD WEST TRENTON NJ 08628 ROBERT SHIMKO TRUSTEE 1.00 40.00 X 0 220564 156600 ROBERT INGMAN TRUSTEE 1.00 2.00 X 0 0 0 MICHAEL TOMASIELLO TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM JONES TRUSTEE 1.00 0.00 X 0 0 0 THOMAS O JOHNSTON ESQ TRUSTEE 1.00 0.00 X 0 0 0 ELIZABETH MANZO ESQ TRUSTEE 1.00 0.00 X 0 0 0 MICHAEL RICCA TRUSTEE 1.00 40.00 X 0 189063 134235 0 409627 290835 0 0 1 0 HORIZON HEALTHCARE SERVICES INC 3 PENN PLAZA EAST NEWARK NJ 07105 CLAIMS PROCESSING 448388 IE SHAFFER & CO 830 BEAR TAVERN ROAD WEST TRENTON NJ 08628 THIRD PARTY ADMINISTRATOR 389767 CAPITAL RX INC 228 PARK AVENUE SOUTH SUITE 87234 NEW YORK NY 10003 PRESCRIPTION BENEFITS MANAGEMENT 171206 3 EMPLOYERS CONTRIBUTIONS 230000 14240769 14240769 PARTICIPANTS CONTRIBUTIONS 230000 993825 993825 15234594 285632 285632 684259 717276 -33017 -33017 -33017 OTHER INCOME 525100 18 18 18 15487227 15234612 0 252615 14051629 63807 64573 63954 414122 7003 10193 1745 PCORI FEE 4391 BANK FEES 3351 FIDELITY BOND 171 14684939 1587815 1762370 1128368 1349706 3240 3661 2849805 2892039 6088562 6285178 957587 1184944 12615377 13477898 142047 182455 1800552 1735668 1942599 1918123 X 0 0 0 0 10672778 11559775 10672778 11559775 12615377 13477898 802288 84709 0 X X 0 1 X 1 0 0 GUARANTEED INVESTMENT CONTRACT 6285178 F 6285178 PRESCRIPTION REBATES RECEIVABLE 255848 RECIPROCALS RECEIVABLE 617607 ACCRUED INTEREST 22917 ADVANCE DEPOSIT 288572 1184944 BENEFIT OBLIGATIONS PAYABLE 1246000 RECIPROCALS PAYABLE 358628 DUE TO AFFILIATED FUNDS 131040 1735668 X 15509832 84709 84709 15425123 62104 62104 15487227 14724835 0 14724835 62104 -102000 -39896 14684939 PART X, LINE 2: THE TRUST ESTABLISHED UNDER THE PLAN TO HOLD THE PLAN'S ASSETS IS INTENDED TO QUALIFY PURSUANT TO SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE (IRC) AND, ACCORDINGLY, THE TRUST'S NET INVESTMENT INCOME IS EXEMPT FROM INCOME TAXES. THE TRUST HAS OBTAINED A FAVORABLE TAX DETERMINATION LETTER FROM THE IRS, AND THE PLAN SPONSOR BELIEVES THAT THE TRUST, AS AMENDED, CONTINUES TO QUALIFY AND OPERATE IN ACCORDANCE WITH APPLICABLE PROVISIONS OF THE IRC. 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 (OR ASSET) IF THE PLAN HAS TAKEN AN UNCERTAIN 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. PART XII, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN BENEFIT OBLIGATIONS PAYABLE -102,000. X 0 0 0 ROBERT SHIMKO TRUSTEE 0 220564 0 0 0 0 0 83814 0 72786 0 377164 0 0 MICHAEL RICCA TRUSTEE 0 189063 0 0 0 0 0 71844 0 62391 0 323298 0 0 FORM 990, PART VI, SECTION A, LINE 2 ROBERT SHIMKO & MICHAEL RICCA ARE EMPLOYEES & OFFICERS OF IBEW LOCAL UNION 400. FORM 990, PART VI, SECTION A, LINE 7A UNION TRUSTEES ARE APPOINTED BY IBEW LOCAL UNION 400 & EMPLOYER TRUSTEES ARE APPOINTED BY THE NORTHERN NEW JERSEY CHAPTER, INC. NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION WHO REPRESENTS THE EMPLOYERS HAVING A CONTRACTUAL RELATIONSHIP WITH THE UNION. FORM 990, PART VI, SECTION A, LINE 8B NO SUCH COMMITTEES EXIST. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS PROVIDED TO THE TRUSTEES FOR THEIR REVIEW & COMMENT PRIOR TO ITS FILING. FORM 990, PART VI, SECTION C, LINE 19 THE PLAN'S GOVERNING DOCUMENTS & FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST OR MAY BE EXAMINED AT THE ADDRESS OF THE PLAN. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS A BOARD OF TRUSTEES THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND THE ELECTION OF INDEPENDENT ACCOUNTANTS. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. LOCAL UNION 400 IBEW PENSION PLAN 830 BEAR TAVERN ROAD WEST TRENTON NJ 08628 226257847 PENSION FUND NJ 401(A) N/A 0 LOCAL UNION 400 IBEW SUPPLEMENTAL BENEFIT PLAN 830 BEAR TAVERN ROAD WEST TRENTON NJ 08628 260181078 TO PROVIDE HEALTHCARE REIMBURSEMENT BENEFITS TO PARTICIPANTS NJ 501(C)(9) N/A 0 LOCAL UNION 400 IBEW JOINT ANNUITY FUND 830 BEAR TAVERN ROAD WEST TRENTON NJ 08628 222160644 TO PROVIDE ANNUITY BENEFITS TO PARTICIPANTS NJ 401(A) N/A 0 IBEW 400 LOCAL UNION PO BOX 1256 WALL NJ 07719 210482995 TO REPRESENT UNION MEMBERS FOR THE PURPOSE OF COLLECTIVE BARGAINING NJ 501(C)(5) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0