PART V, LINE 2B - JOINTLY ADMINISTERED ACTIVITIES OF THE PLAN: |
THE AMERICAN MARITIME OFFICERS (AMO) SAFETY & EDUCATION PLAN IS RELATED TO A GROUP OF JOINTLY ADMINISTERED NOT-FOR-PROFIT ORGANIZATIONS. SINCE THE ORGANIZATION'S CO-EXIT AT THE SAME PREMISES, THEY UTILIZE EACH OTHER'S RESOURCES, EQUIPMENT, AND PERSONNEL. SALARIES AND OTHER ADMINISTRATIVE EXPENSES ARE PAID BY ANOTHER ENTITY (AMO MASTER OPERATING TRUST, EIN# 20-0406498) AND ALLOCATED BASED ON PREDETERMINED PERCENTAGES. AMO SAFETY & EDUCATION PLAN DOES NOT REPORT ANY EMPLOYEES ON FORM 941, AS ALL SUCH PLAN PERSONNEL ARE REPORTED ON AMO MASTER OPERATING TRUST FORM 941'S. |
PART VI, SECTION A, LINE 1 - SUBCOMMITTEE OF THE TRUSTEES: |
BETWEEN MEETINGS OF THE TRUSTEES, THE CHAIRMAN AND SECRETARY SHALL HAVE AUTHORITY TO MAKE SUCH DECISIONS CONCERNING THE OPERATION AND ADMINISTRATION OF THE MEDICAL PLAN AS THEY DEEM WISE AND NECESSARY, AND INDIVIDUAL TRUSTEES MAY NOT TAKE ANY ACTION FOR, OR ON BEHALF OF, THE TRUSTEES BETWEEN MEETINGS, EXCEPT AS THEY MAY BE SPECIFICALLY AUTHORIZED. |
PART VI, SECTION A, LINE 7A - SELECTION OF TRUSTEES: |
The plan shall be operated and administered by twelve (12) trustees, six (6) of whom shall be designated by the Union and six (6) of whom shall be designated by the Employers. The Union shall have the right to appoint two (2) alternate trustees who shall have full authority to act as an union trustee in the absence of any union trustee. The Employers shall appoint two (2) alternate trustees who shall have full authority to act as an employer trustee in the absence of the employer trustee. There shall at all times be an equal number of trustees designated by the union and the employers. |
PART VI, SECTION A, LINE 8B - OTHER COMMITTEES: |
NO OTHER COMMITTEES HAVE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF TRUSTEES. |
PART VI, SECTION B, LINE 11B - REVIEW PROCESS OF FORM 990: |
THE BOARD OF TRUSTEES HAS DELEGATED THE RESPONSIBILITY TO REVIEW THE FORM 990 PRIOR TO FILING TO THE DIRECTOR OF FINANCE. |
PART VI, SECTION B, LINE 12C - CONFLICT OF INTEREST POLICY COMPLIANCE: |
The Fund is maintained and administered in accordance with ERISA Sections 404 and 406 and the Fund's conflict of interest policy is set forth in ERISA Sections 404 and 406. The Board of Trustees monitors and enforces the Fund's compliance with ERISA, with the assistance of the Fund's professionals. |
PART VI, SECTION C, LINE 19 - AVAILABILITY OF GOVERNING DOCUMENTS AND F/S: |
the fund makes its governing documents, policies and financial statements available to participants and beneficiaries as required by employee retirement income security act of 1974 (erisa). |
PART XI, LINE 9 |
$4,200 PRIOR YEAR SCHOLARSHIP CHECKS VOIDED DURING CURRENT PERIOD. |