boston plasterers' & cement masons (clt) · fund reconciliation participant reconciliation...

Beginning of Year

Income Statement

Total assets

Total liabilities

Equity (Fund balance)

Income

Contributions

Expenses

Distributions

Net transfers

EOY fund balance per income statement

BOY fund balance

Net increase / decrease

Company contributions

EOY fund balance

Form 5500 Return Summary

, and ending

End of Year

Total income

Total deductions

Balance Sheet

Fund Reconciliation

Participant Reconciliation

Fund balance difference between balance sheet and income statement

Financial Statement Participant Statement Difference- =

Miscellaneous Information

Number of active participants at end of year

Amended return

For calendar year 2015, or tax year beginning

Return Due Date

04/01/2015 03/31/2016

Boston Plasterers' & Cement Masons' Union Local534 Pension Fund

001

Boston Plasterers' & Cement MasonsUnion Local 534 Pension Fund

04-6127786

22,393,838140,193

22,253,645

21,630,063161,604

21,468,459

-232,6642,968,752

2,736,088321,494

3,199,7803,521,274

021,468,459

22,253,645 0 22,253,645-3,753,938 0 -3,753,9382,968,752 0 2,968,75221,468,459 0 21,468,459

X474

10/31/2016

534PE5500 01/20/2017 8:27 AM Pg 1

Filing Instructions


Amended Annual Return/Report of Employee Benefit Plan

Taxable Year Ended March 31, 2016

Date Due: AS SOON AS POSSIBLE

Remittance: None is required. Your amended Form 5500 has been filed electronically and is not required to be mailed. Mailing a paper copy of the amended Form 5500 to EBSA will delay the processing of your return.

Schedule MB should be signed by the plan actuary on page 1.

534PE5500 01/20/2017 8:27 AM Pg 2


7 Frederika StreetBoston, MA 02124-5115

Summary Annual Report for theBoston Plasterers' & Cement Masons' Union Local

534 Pension Fund

This is the summary annual report for the Boston Plasterers' & Cement Masons' Union Local 534 Pension Fund, EIN 04-6127786, Plan number 001 for the period April 1, 2015 to March 31, 2016. The annual report has been filed with the Employee Benefits Security Administration, as required under the Employee Retirement Income Security Act of 1974 (ERISA).

Benefits under the plan are provided by a trust (benefits are provided in whole from trust funds). Plan expenses were $3,521,274. These included benefit payments of $3,199,780, administrative expenses of $321,494, and $0 in other expenses. A total of 474 persons were participants in or beneficiaries of the plan at the end of the plan year, although some may not have earned the right to receive benefits.

The value of plan assets, after subtracting liabilities of the plan, was $21,468,459 as of March 31, 2016, compared to $22,253,645 as of April 1, 2015. During the year the plan experienced an increase or (decrease) in its net assets of $-785,186. This increase or (decrease) includes unrealized appreciation or depreciation in the value of plan assets; that is, the difference between the value of the plan's assets at the end of the year and the value of the assets at the beginning of the year or the cost of assets acquired during the year. The plan had total income (loss) of $2,736,088, including employer contributions of $2,968,752, employee contributions of $0, gains or (losses) of $185 from the sale of assets, and net earnings from investments of $-318,632.

An actuary's statement shows that enough money was contributed to the plan to keep it funded in accordance with the minimum funding standards of ERISA.

Your rights to additional information

You have the right to receive a copy of the full annual report, or any part thereof, on request. The items listed below are included in that report.

- An accountant's report

- Financial information and information on payments to service providers

- Assets held for investment

- Information regarding any common or collective trusts, pooled separate accounts, master trusts or 103-12 investment entities in which the plan participates

- Actuarial information regarding the funding of the plan

534PE5500 01/20/2017 8:27 AM Pg 3

To obtain a copy of the full annual report, or any part thereof, write or call the office of Boston Plasterers' & Cement Masons Union Local 534 Pension Fund, who is the plan administrator, 7 Frederika Street, Boston, MA, 02124, 617-825-4500. These portions of the report are furnished without charge.

You also have the right to receive from the plan administrator, on request and at no charge, a statement of the assets and liabilities of the plan and accompanying notes, or a statement of income and expenses of the plan and accompanying notes, or both. If you request a copy of the full annual report from the plan administrator, these two statements and accompanying notes will be included as part of that report. The charge to cover copying costs given above does not include a charge for the copying of these portions or the report because these portions are furnished without charge.

You also have the legally protected right to examine the annual report at the main office of the plan:

Boston Plasterers' & Cement MasonsUnion Local 534 Pension FundPlan Administrator7 Frederika StreetBoston, MA 02124

and at the following address:

Boston Plasterers' & Cement MasonsUnion Local 534 Pension FundPlan Sponsor7 Frederika StreetBoston, MA 02124-511504-6127786

and at the U.S. Department of Labor in Washington, D.C., or to obtain a copy from the U.S. Department of Labor upon payment of copying costs. Requests to the Department should be addressed to:

U.S. Department of LaborEmployee Benefits Security AdministrationPublic Disclosure Room200 Constitution Avenue, N.W.Room N-1513Washington, DC 20210

534PE5500 01/20/2017 8:27 AM Pg 4

2015

Annual Return/Report of Employee Benefit Plan

Part I Annual Report Identification Information

A

B

CD

Part II Basic Plan Information—enter all requested information

1a 1b

1c

2a 2b

2c

2d

This form is required to be filed for employee benefit plans under sections 104

and 4065 of the Employee Retirement Income Security Act of 1974 (ERISA) and

sections 6047(e), 6047(b), and 6058(a) of the Internal Revenue Code (the Code).

Complete all entries in accordance with

This Form is Open to Publicthe instructions to the Form 5500.

Inspection

For calendar plan year 2015 or fiscal plan year beginning and ending

Caution: A penalty for the late or incomplete filing of this return/report will be assessed unless reasonable cause is established.

Signature of plan administrator

Preparer's name (including firm name, if applicable) and address (include room or suite number)

Form 5500

This return/report is for: a multiemployer plan; a multiple-employer plan (Filers checking this box must attach a list of

a single-employer plan: a DFE (specify)

This return/report is: the first return/report; the final return/report;

an amended return/report; a short plan year return/report (less than 12 months).

If the plan is a collectively-bargained plan, check here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Check box if filing under:

Name of plan Three-digit plan

number (PN) Effective date of plan

Plan sponsor's name (employer, if for a single-employer plan) Employer Identification

Plan Sponsor's telephone

Business code (see

Date Enter name of individual signing as plan administrator

OMB Nos. 1210 - 01101210 - 0089

Department of the TreasuryInternal Revenue Service

Department of LaborEmployee Benefits Security

Administration

Pension Benefit Guaranty Corporation

Under penalties of perjury and other penalties set forth in the instructions, I declare that I have examined this return/report, including accompanying schedules, statements and attachments, as well as the electronic version of this return/report, and to the best of my knowledge and belief, it is true, correct, and complete.

Form 5500 (2015)

SIGN

HERE

Signature of employer/plan sponsor

Form 5558;

special extension (enter description)

automatic extension; the DFVC program;

Number (EIN)

number

instructions)

HERE

SIGN

Enter name of individual signing as employer or plan sponsorDate

Date Enter name of individual signing as DFE

SIGN

HERESignature of DFE

For Paperwork Reduction Act Notice and OMB Control Numbers, see the instructions for Form 5500.

Preparer's telephone number

participating employer information in accordance with the form instructions); or

Mailing address (include room, apt., suite no. and street, or P.O. Box)

City or town, state or province, country, and ZIP or foreign postal code (if foreign, see instructions)

04/01/2015 03/31/2016X

X

X

Boston Plasterers' & Cement Masons' Union Local534 Pension Fund

001

04/01/1962


7 Frederika Street

Boston MA 02124-5115

04-6127786

617-825-4500

525100

12/01/2016 JAMES MULCAHY

STEPHEN P. AFFANATO

3a 3b

3c

4 4b

a 4c

56

a(1) 6a(1)

b 6b

c 6c

d 6d

e 6e

f 6f

g6g

h6h

8a

9a 9b(1) (1)

(2) (2)

(3) (3)

(4) (4)

Form 5500 (2015) Page 2

Plan administrator's name and address Administrator's EIN

Administrator's telephone

If the name and/or EIN of the plan sponsor has changed since the last return/report filed for this plan, enter the name, EIN

EIN and the plan number from the last return/report:

Sponsor's name PN

Total number of participants at the beginning of the plan year

Number of participants as of the end of the plan year unless otherwise stated (welfare plans complete only lines 6a(1),

Total number of active participants at the beginning of the plan year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Retired or separated participants receiving benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Other retired or separated participants entitled to future benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Subtotal. Add lines 6a(2), 6b, and 6c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Deceased participants whose beneficiaries are receiving or are entitled to receive benefits . . . . . . . . . . . . . . . . . . . . . . .

Total. Add lines 6d and 6e . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Number of participants with account balances as of the end of the plan year (only defined contribution plans

complete this item) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Number of participants that terminated employment during the plan year with accrued benefits that were

less than 100% vested . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Plan funding arrangement (check all that apply) Plan benefit arrangement (check all that apply)

Insurance Insurance

Code section 412(e)(3) insurance contracts Code section 412(e)(3) insurance contracts

Trust Trust

General assets of the sponsor General assets of the sponsor

number

5

7 Enter the total number of employers obligated to contribute to the plan (only multiemployer plans complete this item)

If the plan provides pension benefits, enter the applicable pension feature codes from the List of Plan Characteristic Codes in the instructions:

b If the plan provides welfare benefits, enter the applicable welfare feature codes from the List of Plan Characteristic Codes in the instructions:

b

(Single-Employer Defined Benefit Plan Actuarial

(Financial Transaction Schedules)

(Multiemployer Defined Benefit Plan and Certain Money

(DFE/Participating Plan Information)

(Service Provider Information)

(Insurance Information)

(Financial Information - Small Plan)

(Financial Information)(Retirement Plan Information)

Check all applicable boxes in 10a and 10b to indicate which schedules are attached, and, where indicated, enter the number attached. (See instructions)

SB

G(6)

MB

(3) D(5)

C(4)

A(3)

I(2)(2)

H(1)R(1)

Pension Schedules General Schedulesa

10

Purchase Plan Actuarial Information) - signed by the plan

actuary

Information) - signed by the plan actuary

7

Same as Plan Sponsor

6a(2), 6b, 6c, and 6d).

a(2) 6a(2)Total number of active participants at the end of the plan year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Boston Plasterers' & Cement Masons 04-6127786


7 Frederika Street

Boston MA 02124

04-6127786

617-825-4500

483

182

166

158

100

424

50

474

34

1B

X X

XX

X

XX

Form 5500 (2015)

Part III Form M-1 Compliance Information (to be completed by welfare benefit plans)11a If the plan provides welfare benefits, was the plan subject to the Form M-1 filing requirements during the plan year? (See instructions and 29 CFR

2520.101-2.) . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No

If "Yes" is checked, complete lines 11b and 11c.

11b

11c

Is the plan currently in compliance with the Form M-1 filing requirements? (See instructions and 29 CFR 2520.101-2.) . . . NoYes

Enter the Receipt Confirmation Code for the 2015 Form M-1 annual report. If the plan was not required to file the 2015 Form M-1 annual report,

enter the Receipt Confirmation Code for the most recent Form M-1 that was required to be filed under the Form M-1 filing requirements. (Failure

to enter a valid Receipt Confirmation Code will subject the Form 5500 filing to rejection as incomplete.)

Receipt Confirmation Code


534PE5500 01/20/2017 8:27 AM Pg 7

Service Provider Information (see instructions)

You must complete this Part, in accordance with the instructions, to report the information required for each person who received, directly or indirectly,$5,000 or more in total compensation (i.e., money or anything else of monetary value) in connection with services rendered to the plan or the person's

1

(b) Enter name and EIN or address of person who provided you disclosures on eligible indirect compensation

For Paperwork Reduction Act Notice and OMB Control Numbers, see the instructions for Form 5500 Schedule C (Form 5500) 2015


Employee Benefits Security AdministrationDepartment of Labor

Internal Revenue ServiceDepartment of the Treasury

Plan sponsor’s name as shown on line 2a of Form 5500

plan number (PN)Three-digitName of plan

For calendar plan year 2015 or fiscal plan year beginning

Retirement Income Security Act of 1974 (ERISA).This schedule is required to be filed under section 104 of the Employee

OMB No. 1210-0110

Employer Identification Number (EIN)

Inspection.This Form is Open to Public

File as an attachment to Form 5500.

(Form 5500)

Information on Persons Receiving Only Eligible Indirect Compensation

Part I

DC

BA

SCHEDULE C

2015

Service Provider Information

position with the plan during the plan year. If a person received only eligible indirect compensation for which the plan received the required disclosures,you are required to answer line 1 but are not required to include that person when completing the remainder of this Part.

a

b

Check "Yes" or "No" to indicate whether you are excluding a person from the remainder of this Part because they received only eligibleindirect compensation for which the plan received the required disclosures (see instructions for definitions and conditions). . . . . . .

If you answered line 1a “Yes,” enter the name and EIN or address of each person providing the required disclosures for the service providers whoreceived only eligible indirect compensation. Complete as many entries as needed (see instructions).

Yes No




and ending04/01/2015 03/31/2016

Boston Plasterers' & Cement Masons' Union Local

001


X

SEI TRUST COMPANY 06-12712301 FREEDOM VALLEY DRIVE

OAKS PA 19456

BANK OF NEW YORK MELLON 25-607809350 FREMONT STREET, STE 3900

SAN FRANCISCO CA 94105

ALLIANZ STRUCTURED ALPHA 500 LLC 02-07810301345 AVENUE OF THE AMERICAS

NEW YORK NY 10105

PIMCO 33-0629048650 NEWPORT CENTER DRIVE

NEWPORT BEACH CA 92660

Schedule C (Form 5500) 2015










LOOMIS SALES FIXED INCOME FUNDP.O. BOX 219594

KANSAS CITY MO 64121

VANGUARD FUNDSP.O. BOX 2900

VALLEY FORGE PA 19482

ARTISAN PARTNERS LTD PARTNERSHIP 39-18071881 FREEDOM VALLEY DRIVE

OAKS PA 19456

(a) Enter name and EIN or address (see instructions)



(i.e., money or anything else of value) in connection with services rendered to the plan or their position with the plan during the plan year. (See instr.).answered “Yes” to line 1a above, complete as many entries as needed to list each person receiving, directly or indirectly, $5,000 or more in total comp.Information on Other Service Providers Receiving Direct or Indirect Compensation. Except for those persons for whom you2.

Yes No NoYes Yes No

NoYesYes NoNoYes

compensation paidDid service provider

receive indirectcompensation? (sourcesother than plan or plan

sponsor)

Did indirect compen-sation include eligibleindirect compensation,

for which the plan

disclosures?

Enter total indirectcompensation received

by service providerexcluding eligible in-

direct compensation forwhich you answered

(f). If none, enter -0-.

Did the serviceprovider give you aformula instead of

an amount orestimated amount?

(h)(b) (c) (d) (e) (f) (g)

Yes No NoYes

"Yes" to element

Yes No

Service

received the required

Code(s)Relationship to

employer, employeeorganization, or

person known to bea party-in-interest

Enter direct


Enter direct

a party-in-interestperson known to be

organization, oremployer, employee

Relationship toCode(s)


Service

"Yes" to element

(g)(f)(e)(d)(c)(b) (h)

estimated amount?an amount or

formula instead ofprovider give you a

Did the service


which you answereddirect compensation forexcluding eligible in-by service provider

compensation receivedEnter total indirect

disclosures?

for which the planindirect compensation,sation include eligibleDid indirect compen-

sponsor)other than plan or plan

compensation? (sourcesreceive indirect

Did service providercompensation paid

compensation paidby the plan. If none,

enter -0-.

Did service providerreceive indirect

compensation? (sourcesother than plan or plan

sponsor)


for which the plan

disclosures?







(h)(b) (c) (d) (e) (f) (g)

"Yes" to element

Service





Enter direct

Page 3-

enter -0-.by the plan. If none



JAMIE BEARS 04-61277867 FREDERIKA STREETBOSTON MA 02124

30 N/A 11787 X

MELLON CAPITAL MANAGEMENT 25-6078093201 WASHINGTON STREETBOSTON MA 02108

51 N/A 27101 X X 0 X

CAMPBELL DEVASTO & ASSOC CPAS 04-2779892175 DERBY STREET SUITE 2HINGHAM MA 02043

10 N/A 12964 X





Yes No NoYes Yes No

NoYesYes NoNoYes



sponsor)


for which the plan

disclosures?







(h)(b) (c) (d) (e) (f) (g)

Yes No NoYes

"Yes" to element

Yes No

Service





Enter direct


Enter direct





Service

"Yes" to element

(g)(f)(e)(d)(c)(b) (h)



Did the service




disclosures?






enter -0-.



sponsor)


for which the plan

disclosures?







(h)(b) (c) (d) (e) (f) (g)

"Yes" to element

Service





Enter direct

Page 3-




THE SAVITZ ORGANIZATION INC 26-13716741845 WALNUT ST SUITE 1400PHILADELPHIA PA 19103

11 N/A 22000 X

KRAKOW & SOURIS LLC 04-3363718225 FRIEND STREETBOSTON MA 02114

29 N/A 12833 X

NEW ENGLAND PENSION CONSULTANTS 04-2927339ONE MAIN STREETCAMBRIDGE MA 02142

27 N/A 25000 X





Yes No NoYes Yes No

NoYesYes NoNoYes



sponsor)


for which the plan

disclosures?







(h)(b) (c) (d) (e) (f) (g)

Yes No NoYes

"Yes" to element

Yes No

Service





Enter direct


Enter direct





Service

"Yes" to element

(g)(f)(e)(d)(c)(b) (h)



Did the service




disclosures?






enter -0-.



sponsor)


for which the plan

disclosures?







(h)(b) (c) (d) (e) (f) (g)

"Yes" to element

Service





Enter direct

Page 3-




ISSI 23-2182079TWO EXECUTIVE CAMPUS #400CHERRY HILL NJ 08002

99 N/A 12465 X

MARY KEOHAN 04-61277867 FREDERIKA STREETBOSTON MA 02124

14 N/A 14653 X

CHRISTOPHER BROUSAIDES 04-61277867 FREDERIKA STREETBOSTON MA 02124

30 N/A 25829 X





Yes No NoYes Yes No

NoYesYes NoNoYes



sponsor)


for which the plan

disclosures?







(h)(b) (c) (d) (e) (f) (g)

Yes No NoYes

"Yes" to element

Yes No

Service





Enter direct


Enter direct





Service

"Yes" to element

(g)(f)(e)(d)(c)(b) (h)



Did the service




disclosures?






enter -0-.



sponsor)


for which the plan

disclosures?







(h)(b) (c) (d) (e) (f) (g)

"Yes" to element

Service





Enter direct

Page 3-




PAULA ALYWARD 04-61277867 FREDERIKA STREETBOSTON MA 02124

30 N/A 10514 X

ANCHOR CAPITAL ADVISORS, INC. 20-4669888ONE POST OFFICE SQUAREBOSTON MA 02108

687151 NONE 4694 X X 0 X

GAIL MILLS 04-61277867 FREDERIKA STREETBOSTON MA 02124

30 N/A 10996 X

Schedule C (Form 5500) 2015 Page 4-

Part I Service Provider Information (continued)3 If you reported on line 2 receipt of indirect compensation, other than eligible indirect compensation, by a service provider, and the service provider is a fid.

or provides contract administrator, consulting, custodial, invest. advisory, investment management, broker, or recordkeeping services, answer the followingquestions for (a) each source from whom the service provider received $1,000 or more in indirect compensation and (b) each source for whom the serviceprovider gave you a formula used to determine the indirect compensation instead of an amount or estimated amt. of the indirect compensation. Completeas many entries as needed to report the required information for each source.

(a) Enter service provider name as it appears on line 2 (b) Service Codes(see instructions)

(c) Enter amount of indirectcompensation

(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including anyformula used to determine the service provider’s eligibility

for or the amount of the indirect compensation.

for or the amount of the indirect compensation.formula used to determine the service provider’s eligibility(e) Describe the indirect compensation, including any(d) Enter name and EIN (address) of source of indirect compensation

compensation(c) Enter amount of indirect

(see instructions)(b) Service Codes(a) Enter service provider name as it appears on line 2

(a) Enter service provider name as it appears on line 2 (b) Service Codes(see instructions)

(c) Enter amount of indirectcompensation

(d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including anyformula used to determine the service provider’s eligibility

for or the amount of the indirect compensation.


534PE5500 01/20/2017 8:27 AM Pg 14

Service Providers Who Fail or Refuse to Provide Information

Page 5-Schedule C (Form 5500) 2015

this Schedule.Provide, to the extent possible, the following information for each service provider who failed or refused to provide the information necessary to complete4

Part II

(a) Enter name and EIN or address of service provider (seeinstructions)

(b)ServiceCode(s)

(c) Describe the information that the service provider failed or refused to provide

to provide(c) Describe the information that the service provider failed or refused

instructions)(a) Enter name and EIN or address of service provider (see









Nature of

Nature of

Code(s)Service

(b)

Nature of

Code(s)Service

(b)

(b)ServiceCode(s)

Nature of

Nature of

Code(s)Service

(b)

(b)ServiceCode(s)

Nature of


534PE5500 01/20/2017 8:27 AM Pg 15

Schedule C (Form 5500) 2015 Page 6-

Part III Termination Information on Accountants and Enrolled Actuaries (see instructions)(complete as many entries as needed)

a b

d e

Name:

Position:

Address:

c

Explanation:

EIN:

Telephone:

Telephone:

EIN:

Explanation:

cAddress:

Position:

Name:

ed

ba

EIN:

Telephone:

a b

d e

Name:

Position:

Address:

c

Explanation:

Telephone:

EIN:

Explanation:

cAddress:

Position:

Name:

ed

ba

EIN:

Telephone:

a b

d e

Name:

Position:

Address:

c

Explanation:


534PE5500 01/20/2017 8:27 AM Pg 16

2015

DFE/Participating Plan InformationSCHEDULE D(Form 5500)

Part I Information on interests in MTIAs, CCTs, PSAs, and 103-12 IEs (to be completed by plans and DFEs)

This Form is Open to Public File as an attachment to Form 5500.

Inspection.

A B

C D Employer Identification Number (EIN)

a

b

cd e

For Paperwork Reduction Act Notice and OMB Control Numbers, see the instructions for Form 5500. Schedule D (Form 5500) 2015

OMB No. 1210-0110

This schedule is required to be filed under section 104 of the Employee

Retirement Income Security Act of 1974 (ERISA).

For calendar plan year 2015 or fiscal plan year beginning and ending

Name of plan Three-digitplan number (PN)

Plan or DFE sponsor’s name as shown on line 2a of Form 5500

Name of MTIA, CCT, PSA, or 103-12 IE:

Name of sponsor of entity listed in (a):

Dollar value of interest in MTIA, CCT, PSA, orEIN-PN

103-12 IE at end of year (see instructions)

Department of the TreasuryInternal Revenue Service

Department of LaborEmployee Benefits Security Administration

Entity

(Complete as many entries as needed to report all interests in DFEs)

code

codeEntity

EIN-PN



edc

b

a

a

b

cd e



EIN-PNEntitycode

codeEntity

EIN-PN



edc

b

a

a

b

cd e



EIN-PNEntitycode

codeEntity

EIN-PN



edc

b

a

a

b

cd e



EIN-PNEntitycode

103-12 IE at end of year (see instructions)Dollar value of interest in MTIA, CCT, PSA, or

Dollar value of interest in MTIA, CCT, PSA, or103-12 IE at end of year (see instructions)





04/01/2015 03/31/2016


001


EB DV DYNAMIC GROWTH FUND

THE BANK OF NEW YORK MELLON

25-6078093 166 C 3367702

ARTISAN INTERNATIONAL GROWTH TRUST

ARTISAN MULTIPLE INVESTMENT TRUST

26-3299719 002 C 972382

Schedule D (Form 5500) 2015

codeEntity

EIN-PN



edc

b

a

Page 2-

a

b

cd e



EIN-PNEntitycode

codeEntity

EIN-PN



edc

b

a

a

b

cd e



EIN-PNEntitycode

codeEntity

EIN-PN



edc

b

a

a

b

cd e



EIN-PNEntitycode

codeEntity

EIN-PN



edc

b

a

a

b

cd e



EIN-PNEntitycode

codeEntity

EIN-PN



edc

b

a

a

b

cd e



EIN-PNEntitycode












Part II Information on Participating Plans (to be completed by DFEs)

a

b c

Plan name

Name of EIN-PN

Page 3-

(Complete as many entries as needed to report all participating plans)

plan sponsor

plan sponsorEIN-PNName of

Plan name

cb

a

a

b c

Plan name

Name of EIN-PNplan sponsor


Plan name

cb

a


Plan name

cb

a


Plan name

cb

a


Plan name

cb

a


Plan name

cb

a


Plan name

cb

a


Plan name

cb

a


Plan name

cb

a


Plan name

cb

a

Schedule D (Form 5500) 2015


Financial Information

Value of funds held in insurance company general account (unallocated

Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

C

1

Assetsa 1ab

1b(1)

1b(2)

1b(3)c

1c(1)

1c(2)

1c(3)(A)

1c(3)(B)

1c(4)(A)

1c(4)(B)

1c(5)

1c(6)

1c(7)

1c(8)

1c(9)

1c(10)

1c(11)

1c(12)

1c(13)

1c(14)

1c(15)

(a) (b)

(1)

(2)

(3)

(1)

(2)

(3)

(A)

(B)

(4)

(A)

(B)

(5)

(6)

(7)

(8)

(9)

(10)

(11)

(12)

(13)

(14)

(15)

For Paperwork Reduction Act Notice and OMB Control Numbers, see the instructions for Form 5500 Schedule H (Form 5500) 2015

This schedule is required to be filed under section 104 of the EmployeeRetirement Income Security Act of 1974 (ERISA), and section 6058(a) of the

Internal Revenue Code (the Code).

and ending

Plan sponsor's name as shown on line 2a of Form 5500

Current value of plan assets and liabilities at the beginning and end of the plan year. Combine the value of plan assets held in more than one trust. Report the value of the plan's interest in a commingled fund containing the assets of more than one plan on a line-by-line basis unless the value is reportable on lines 1c(9) through 1c(14). Do not enter the value of that portion of an insurance contract which guarantees, during this plan year, to pay a specific dollar benefit at a future date. Round off amounts to the nearest dollar. MTIAs, CCTs, PSAs, and 103-12 IEs do not complete lines 1b(1), 1b(2), 1c(8), 1g, 1h,and 1i. CCTs, PSAs, and 103-12 IEs also do not complete lines 1d and 1e. See instructions.

Beginning of Year End of YearTotal noninterest-bearing cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Receivables (less allowance for doubtful accounts):

Employer contributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Participant contributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

General investments:

Interest-bearing cash (include money market accounts & certificates

U.S. Government securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Corporate debt instruments (other than employer securities):

Preferred . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

All other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Corporate stocks (other than employer securities):

Preferred . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Common . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Partnership/joint venture interests . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Real estate (other than employer real property) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Loans (other than to participants) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Participant loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Value of interest in common/collective trusts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Value of interest in pooled separate accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Value of interest in master trust investment accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Value of interest in 103-12 investment entities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Value of interest in registered investment companies (e.g., mutual



2015

Name of plan

For calendar plan year 2015 or fiscal plan year beginning

OMB No. 1210-0110

A

Inspection File as an attachment to Form 5500.This Form is Open to Public

(Form 5500)SCHEDULE H

plan number (PN)

Three-digit

Employer Identification Number (EIN)D

B

Asset and Liability StatementPart I

of deposit) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

funds) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

contracts) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .


04/01/2015 03/31/2016


001


249,402

10,947

456,74055,295

163,263

2,029,489954,486

4,638,427

13,835,448

202,584

12,071

375,68357,005

347,395

2,099,301795,647

4,340,084

13,400,073

1d1d(1)

1d(2)

e 1e

f 1f

Liabilitiesg 1g

h 1h

i 1i

j 1j

k 1k

Net Assetsl 1l

Part II Income and Expense Statement2

Incomea

2a(1)(A)

2a(1)(B)

2a(1)(C)

2a(2)

2a(3)

b

2b(1)(A)

2b(1)(B)

2b(1)(C)

2b(1)(D)

2b(1)(E)

2b(1)(F)

2b(1)(G)

2b(2)(A)

2b(2)(B)

2b(2)(C)

2b(3)

2b(4)(A)

2b(4)(B)

2b(4)(C)

(a) Beginning of Year (b) End of Year

(1)

(2)

(a) Amount (b) Total

Contributions:

(1)

(B)

(C)

(2)

(3)

Earnings on investments:

(1)

(A)

(B)

(C)

(D)

(E)

(F)

(G)

(2)

(B)

(C)

(3)

(4)

(B)

(C)

Schedule H (Form 5500) 2015 Page 2

Employer-related investments:

Employer securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Employer real property . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Buildings and other property used in plan operation . . . . . . . . . . . . . . . . . . . . .

Total assets (add all amounts in lines 1a through 1e) . . . . . . . . . . . . . . . . . . .

Benefit claims payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Operating payables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Acquisition indebtedness . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Total liabilities (add all amounts in lines 1g through 1j) . . . . . . . . . . . . . . . . . .

Net assets (subtract line 1k from line 1f) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Plan income, expenses, and changes in net assets for the year. Include all income and expenses of the plan, including any trust(s) or separately maintained fund(s) and any payments/receipts to/from insurance carriers. Round off amounts to the nearest dollar. MTIAs, CCTs, PSAs, and 103-12 IEs do not complete lines 2a, 2b(1)(E), 2e, 2f, and 2g.

Received or receivable in cash from: (A) Employers . . . . . . . . . . . . . . . . . .

Participants . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Others (including rollovers) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Noncash contributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Total contributions. Add lines 2a(1)(A), (B), (C), and line 2a(2) . . . . . . . .

Interest:

Interest-bearing cash (including money market accounts and

certificates of deposit) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

U.S. Government securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Corporate debt instruments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Loans (other than to participants) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Participant loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Total interest. Add lines 2b(1)(A) through (F) . . . . . . . . . . . . . . . . . . . . . .

Dividends: (A) Preferred stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Registered investment company shares (e.g. mutual funds) . . . . . .

Total dividends. Add lines 2b(2)(A), (B), and (C) . . . . . . . . . . . . . . . . . . .

Rents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Net gain (loss) on sale of assets: (A) Aggregate proceeds . . . . . . . . . . .

Aggregate carrying amount (see instructions) . . . . . . . . . . . . . . . . . . . . . .

Subtract line 2b(4)(B) from line 2b(4)(A) and enter result . . . . . . . . . .

Other liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(D) 2b(2)(D)

Common stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Add lines 2b(5)(A) and (B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Total unrealized appreciation of assets.

Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Unrealized appreciation (depreciation) of assets: (A) Real estate . . .

(C)

(B)

(5)

2b(5)(C)

2b(5)(B)

2b(5)(A)


34122,393,838

140,193

140,193

22,253,645

22021,630,063

161,604

161,604

21,468,459

2,968,752

2,968,752

2,7765

9,714

1,02113,516

720,250720,250

13,21713,032

18521,60386,853

108,456

2b(6)

2b(7)

2b(8)

2b(9)

2b(10)

c 2c

d 2d

Expensese

2e(1)

2e(2)

2e(3)

2e(4)

f 2f

g 2g

h 2h

i 2i(1)

2i(2)

2i(3)

2i(4)

2i(5)

j 2j

Net Income and Reconciliationk 2k

l2l(1)

2l(2)

Part III Accountant's Opinion3

a

bc

d

(a) (b)

(6)

(7)

(8)

(9)

(10)

(1)

(2)

(3)

(4)

(2)

(3)

(4)

(5)

(1)

(2)

(1) (2) (3) (4)

(1) (2)

Schedule H (Form 5500) 2015 Page 3

Amount Total

Net investment gain (loss) from common/collective trusts . . . . . . . . . . . . . . . . . . . . . . . . . .

Net investment gain (loss) from pooled separate accounts . . . . . . . . . . . . . . . . . . . . . . . .

Net investment gain (loss) from master trust investment accounts . . . . . . . . . . . . . . . . .

Net investment gain (loss) from 103-12 investment entities . . . . . . . . . . . . . . . . . . . . . . . .

Net investment gain (loss) from registered investment

companies (e.g., mutual funds) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Total income. Add all income amounts in column (b) and enter total . . . . . . . . . . . . . . . . . .

Benefit payment and payments to provide benefits:

Directly to participants or beneficiaries, including direct rollovers . . . . . . . . . . . . . . . . . .

To insurance carriers for the provision of benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Total benefit payments. Add lines 2e(1) through (3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Corrective distributions (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Certain deemed distributions of participant loans (see instructions) . . . . . . . . . . . . . . . . . . . .

Interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Administrative expenses: (1) Professional fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Contract administrator fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Investment advisory and management fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Total administrative expenses. Add lines 2i(1) through (4) . . . . . . . . . . . . . . . . . . . . . . . . .

Total expenses. Add all expense amounts in column (b) and enter total . . . . . . . . . . . . . .

Net income (loss). Subtract line 2j from line 2d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Transfers of assets:

To this plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

From this plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Complete lines 3a through 3c if the opinion of an independent qualified public accountant is attached to this Form 5500. Complete line 3d if an opinion is not

attached.

Unqualified Qualified Disclaimer AdverseDid the accountant perform a limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)? Yes NoEnter the name and EIN of the accountant (or accounting firm) below:

The opinion of an independent qualified public accountant is not attached because:

This form is filed for a CCT, PSA, or MTIA. It will be attached to the next Form 5500 pursuant to 29 CFR 2520.104-50.

Other income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(1) Name: (2) EIN:

The attached opinion of an independent qualified public accountant for this plan is (see instructions):

"Yes" is checked.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4Part IV

loans secured by participant's account balance. (Attach Schedule G (Form 5500) Part I if

close of the plan year or classified during the year as uncollectible? Disregard participant

Were any loans by the plan or fixed income obligations due the plan in default as of the

until fully corrected. (See instructions and DOL’s Voluntary Fiduciary Correction Program.) . . . .

period described in 29 CFR 2510.3-102? Continue to answer “Yes” for any prior year failures

Was there a failure to transmit to the plan any participant contributions within the time

During the plan year:

103-12 IEs also do not complete lines 4j and 4l. MTIAs also do not complete line 4l.

CCTs and PSAs do not complete Part IV. MTIAs, 103-12 IEs, and GIAs do not complete lines 4a, 4e, 4f, 4g, 4h, 4k, 4m, 4n, or 5.

AmountNoYes

4b

b4a

a

Compliance Questions

N/A


-298,342

-862,51285,783

2,736,088

3,199,780

3,199,780

48,964

58,539213,991

321,4943,521,274

-785,186

XX

Campbell DeVasto & Associates, CPA' 04-2779892

X

X

c4c

d

4d

e 4e

f4f

g4g

h4h

i4i

j

4j

k4k

5a

5b

Yes No Amount

Schedule H (Form 5500) 2015

Were any leases to which the plan was a party in default or classified during the year as

uncollectible? (Attach Schedule G (Form 5500) Part II if "Yes" is checked.) . . . . . . . . . . . . . . . . . . . . .

Were there any nonexempt transactions with any party-in-interest? (Do not include

transactions reported on line 4a. Attach Schedule G (Form 5500) Part III if "Yes" is

checked.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Was this plan covered by a fidelity bond? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was

caused by fraud or dishonesty? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the plan hold any assets whose current value was neither readily determinable on an

established market nor set by an independent third party appraiser? . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the plan receive any noncash contributions whose value was neither readily

determinable on an established market nor set by an independent third party appraiser? . . . . . . .

Did the plan have assets held for investment? (Attach schedule(s) of assets if "Yes" is

checked, and see instructions for format requirements.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Were any plan transactions or series of transactions in excess of 5% of the current

value of plan assets? (Attach schedule of transactions if "Yes" is checked, and

see instructions for format requirements.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Were all the plan assets either distributed to participants or beneficiaries, transferred to

another plan, or brought under the control of the PBGC? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Has a resolution to terminate the plan been adopted during the plan year or any prior plan year?

If "Yes," enter the amount of any plan assets that reverted to the employer this year . . . . .

If, during this plan year, any assets or liabilities were transferred from this plan to another plan(s), identify the plan(s) to which assets or liabilities were

transferred. (See instructions.)

Page 4-

lm

none of the exceptions to providing the notice applied under 29 CFR 2520.101-3. . . . . . . . . . . . . . . .

If 4m was answered “Yes,” check the “Yes” box if you either provided the required notice or

CFR 2520.101-3.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If this is an individual account plan, was there a blackout period? (See instructions and 29

Has the plan failed to provide any benefit when due under the plan? . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4l

4m

4n

5b(3) PN(s)5b(2) EIN(s)5b(1) Name of plan(s)

Amount:NoYes

Trust InformationPart V

Name of trust6a 6b Trust's EIN

Yes NoIf the plan is a defined benefit plan, is it covered under the PBGC insurance program (see ERISA section 4021)? . . . . .5c Not determined

N/A

op Were in-service distributions made during the plan year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the plan trust incur unrelated business taxable income? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4o

4p

6c Name of trustee or custodian Trustee's or custodian's telephone number6d


X

XX 500000

X

X 7235032

X

X

X

XX

X

X

SIGNHERE



Internal Revenue Service

OMB No. 1210-0110

(1)

Enter the valuation date:

Plan sponsor's name as shown on line 2a of Form 5500 or 5500-SF

plan number (PN)Three-digitName of plan

and endingFor calendar plan year 2015 or fiscal plan year beginning

Internal Revenue Code (the Code).Retirement Income Security Act of 1974 (ERISA) and section 6059 of theThis schedule is required to be filed under section 104 of the Employee

For Paperwork Reduction Act Notice and OMB Control Numbers, see the instructions for Form 5500 or Form 5500-SF.

1a

Employer Identification Number (EIN)DC

BA

File as an attachment to Form 5500 or 5500-SF.

InspectionThis Form is Open to Public

(Form 5500)SCHEDULE MB Multiemployer Defined Benefit Plan and Certain

2015Money Purchase Plan Actuarial Information

Round off amounts to nearest dollar.

Caution: A penalty of $1,000 will be assessed for late filing of this report unless reasonable cause is established.

E Type of plan: Multiemployer Defined Benefit(1) (2) Money Purchase (see instructions)

b Assets

Current value of assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Actuarial value of assets for funding standard account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .(2)

c(2) Information for plans using spread gain methods:

Accrued liability for plan using immediate gain methods . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .(1)

(a)

(b)

(c)

Accrued liability under entry age normal method . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Normal cost under entry age normal method . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Unfunded liability for methods with bases . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Accrued liability under unit credit cost method . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .(3)

Information on current liabilities of the plan:d

Current liability . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Expected release from "RPA '94" current liability for the plan year . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Expected increase in current liability due to benefits accruing during the plan year . . . . . . . . . . .

(c)

(b)

(a)

(1) Amount excluded from current liability attributable to pre-participation service (see instructions) .

"RPA '94" information:(2)

(3) Expected plan disbursements for the plan year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Statement by Enrolled ActuaryTo the best of my knowledge, the information supplied in this schedule and accompanying schedules, statements and attachments, if any, is complete and accurate. Each prescribed assumption was applied inaccordance with applicable law and regulations. In my opinion, each other assumption is reasonable (taking into account the experience of the plan and reasonable expectations) and such other assumptions, incombination, offer my best estimate of anticipated experience under the plan.

Signature of actuary

Type or print name of actuary

Firm name

Address of the firm

Date

Most recent enrollment number

Telephone number (including area code)

If the actuary has not fully reflected any regulation or ruling promulgated under the statute in completing this schedule, check the box and see

instructionsSchedule MB (Form 5500) 2015

Department of the Treasury

Month Day Year

1b(1)

1b(2)

1c(1)

1c(2)(a)

1c(2)(b)

1c(2)(c)

1c(3)

1d(1)

1d(2)(a)

1d(2)(b)

1d(2)(c)

1d(3)

04/01/2015 03/31/2016


001

Boston Plasterers' & Cement Masons 04-6127786X

04 01 2015

22,253,64523,582,11238,652,095

38,652,095

69,111,8951,484,4163,142,2503,402,250

10/20/2016

HAL S. TEPFER

SAVITZ ORGANIZATION

14-03918

617-454-1099

233 NEEDHAM STREET

NEWTON MA 02464

5k

3(b)

For retired participants and beneficiaries receiving payment . . . . . . . . . . . . . . . . .

b "RPA '94" current liability/participant count breakdown:

Current value of assets (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Schedule MB (Form 5500) 2015 Page 2-

Operational information as of beginning of this plan year:2a

(1)

(2) For terminated vested participants . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(3) For active participants:

Total active . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .(c)

Vested benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .(b)

(a) Non-vested benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .(4)

If the percentage resulting from dividing line 2a by line 2b(4), column (2), is less than 70%, enter suchc

(1) Number of participants (2) Current liability

3 Contributions made to the plan for the plan year by employer(s) and employees:

(a) Date

(MM-DD-YYYY) employer(s)

(b) Amount paid by (c) Amount paid by

employees (MM-DD-YYYY)

(a) Date

employees

(c) Amount paid by(b) Amount paid by

employer(s)

Information on plan status:4

a

Enter code to indicate plan's status (see instructions for attachment of supporting evidence of plan's status). If

Funded percentage for monitoring plan's status (line 1b(2) divided by line 1c(3)) . . . . . . . . . . . . . . . . . . . . . . . . .

bcode is “N,” go to line 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Totals

c Is the plan making the scheduled progress under any applicable funding improvement or rehabilitation plan? . . . . . . . . . . . . . .

If the plan is in critical status or critical and declining status, were any benefits reduced (see instructions)? . . . . . . . . . . . . . . . . .d

e If line d is "Yes," enter the reduction in liability resulting from the reduction in benefits (see instructions),

measured as of the valuation date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

NoYes

Yes No

5 Actuarial cost method used as the basis for this plan year's funding standard account computations (check all that apply):Attained age normala

e Frozen initial liability

Reorganizationi j Other (specify):

Individual level premiumfb Entry age normal Accrued benefit (unit credit)c

g Individual aggregate Shortfallhd Aggregate

approving the change in funding method . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If line l is "Yes," and line m is "No," enter the date (MM-DD-YYYY) of the ruling letter (individual or class)nm If line l is "Yes," was the change made pursuant to Revenue Procedure 2000-40 or other automatic approval? . . . . . . . . . .

Has a change been made in funding method for this plan year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .lk If box h is checked, enter period of use of shortfall method . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

NoYes

Yes No

Checklist of certain actuarial assumptions:6

Mortality table code for valuation purposes:cb Rates specified in insurance or annuity contracts . . . . . . . . . . . . . . . . . . . . . . . . .

Interest rate for "RPA '94" current liability . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .a

NoYes Yes No N/AN/A

Pre-retirement Post-retirement%

percentage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . %

2a

2c

3(c)

4a

4b

4e

5n

6a

f If the rehabilitation plan projects emergence from critical status or critical and declining status, enter the plan

year in which it is projected to emerge.

If the rehabilitation plan is based on forestalling possible insolvency, enter the plan year in which insolvency is

expected and check here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4f

%


22,253,645

196 40,632,750105 9,875,176

1,292,31617,311,653

182 18,603,969483 69,111,895

32.20

09/30/2015 2968752

2968752

61.0

E

X

X

X

3.40

X X

Certain bases for which the amortization period has been extended

If line 8d(3) is “Yes,” is the amortization base eligible for amortization using interest rates applicable under section

Yes

7 New amortization bases established in the current plan year:

(1) Type of base (2) Initial balance (3) Amortization Charge/Credit

Yes No

Miscellaneous information:8

If line c is "Yes," provide the following additional information:dWas an extension granted automatic approval under section 431(d)(1) of the Code? . . . . . . . . . . . . . . . . . .(1)

(2) If line 8d(1) is “Yes,” enter the number of years by which the amortization period was extended . . .

a If a waiver of a funding deficiency has been approved for this plan year, enter the date (MM-DD-YYYY) of the

Is the plan required to provide a Schedule of Active Participant Data? (See the instructions.) If "Yes," attach a

b(1)

c Are any of the plan’s amortization bases operating under an extension of time under section 412(e) (as in effect prior to

ruling letter granting the approval . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2008) or section 431(d) of the Code? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Was an extension approved by the Internal Revenue Service under section 412(e) (as in effect prior to(3)

2008) or 431(d)(2) of the Code? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If line 8d(3) is “Yes,” enter number of years by which the amortization period was extended (not including(4)

the number of years in line (2)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(5) If line 8d(3) is “Yes,” enter the date of the ruling letter approving the extension . . . . . . . . . . . . . . . . . . . . .

(6)

6621(b) of the Code for years beginning after 2007? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

year and the minimum that would have been required without using the shortfall method or extending theIf box 5h is checked or line 8c is "Yes," enter the difference between the minimum required contribution for thee

NoYes

No

NoYes

Yes No

9 Funding standard account statement for this plan year:

Charges to funding standard account:

b Employer's normal cost for plan year as of valuation date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Prior year funding deficiency, if any . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .a

Amortization charges as of valuation date:c

d Interest as applicable on lines 9a, 9b, and 9c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

amortization period has been extended . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(3)

Funding waivers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .(2)

(1) All bases except funding waivers and certain bases for which the

e Total charges. Add lines 9a through 9d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Credits to funding standard account:

h Amortization credits as of valuation date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

f Prior year credit balance, if any . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Employer contributions. Total from column (b) of line 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .g

i Interest as applicable to end of plan year on lines 9f, 9g, and 9h . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Outstanding balance

Page 3-Schedule MB (Form 5500) 2015

8a

amortization base(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

8d(2)

8d(4)

8d(5)

8e

9a

9b

9c(1)

9c(2)

9c(3)

9d

9e

9f

9g

Outstanding balance

9h

9i

N/A

N/A

N/A

6h

6g

6f

6e

6d

6c(2)

6c(1)

%

%

% %

%

%

%Estimated investment return on current value of assets for year ending on the valuation date . . . . . . . . . .hg Estimated investment return on actuarial value of assets for year ending on the valuation date . . . . . . . .

Salary scale . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .f

Valuation liability interest rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .de Expense loading . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Males . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .(1)

(2) Females . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

b(2)schedule.

Is the plan required to provide a projection of expected benefit payments? (See the instructions.) if "Yes," attach a schedule. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No


1 11F 1F

8.00 8.0047.7 X

X5.68.8

X

X

0804930

18200129 3203313

3206594328902

7056812968752

2424465 543429217043

9o(1)

Due to amortization bases extended and amortized using the interest rate under section 6621(b) of the Code:

(3)

(2)

(1)

9 o

1011

Current year's accumulated reconciliation account:

Due to waived funding deficiency accumulated prior to the 2015 plan year . . . . . . . . . . . . . . . . . . . . . .

(a)

(b)

Total as of valuation date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Reconciliation outstanding balance as of valuation date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Reconciliation amount (line 9c(3) balance minus line 9o(2)(a)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Contribution necessary to avoid an accumulated funding deficiency. (See instructions.) . . . . . . . . . . . . . .

Has a change been made in the actuarial assumptions for the current plan year? If "Yes," see instructions. . . NoYes

Schedule MB (Form 5500) 2015 Page 4

9o(2)(a)9o(2)(b)9o(3)

10

9n

9m

9l

9k(2)

9k(1)

9j(3)

9j(2)

l Total credits. Add lines 9f through 9i, 9j(3), 9k(1), and 9k(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

m Credit balance: If line 9l is greater than line 9e, enter the difference . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Funding deficiency: If line 9e is greater than line 9l, enter the difference . . . . . . . . . . . . . . . . . . . . . . . . . .n

Other credits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

FFL credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

"RPA '94" override (90% current liability FFL) . . . . . . . . . . . . . . . . .

(1)

(2)

(3)

(2)

Waived funding deficiency . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .k

9j(1)ERISA FFL (accrued liability FFL) . . . . . . . . . . . . . . . . . . . . . . . . . . . . .(1)

j Full funding limitation (FFL) and credits:


40911684

4434905106003

0

0X

19352585

Part III

Part II

Decrease box. If no, check the "No" box . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Date:

YearDayMonth

OMB No. 1210-0110

NoIncrease

year that increased or decreased the value of benefits? If yes, check the appropriate

If this is a defined benefit pension plan, were any amendments adopted during this plan

N/ANoYes

authority providing automatic approval for the change or a class ruling letter, does the plan sponsor or plan

If a change in actuarial cost method was made for this plan year pursuant to a revenue procedure or other

(enter a minus sign to the left of a negative amount) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Subtract the amount in line 6b from the amount in line 6a. Enter the result

Enter the amount contributed by the employer to the plan for this plan year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Enter the minimum required contribution for this plan year (include any prior year accumulated funding

plan year, see instructions and enter the date of the ruling letter granting the waiver.

If a waiver of the minimum funding standard for a prior year is being amortized in this

N/ANoYesIs the plan administrator making an election under Code section 412(d)(2) or ERISA section 302(d)(2)? . . . . . . . . . . . . .

ERISA section 302, skip this Part)

year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Number of participants (living or deceased) whose benefits were distributed in a single sum, during the plan

EIN(s):

payors who paid the greatest dollar amounts of benefits):Enter the EIN(s) of payor(s) who paid benefits on behalf of the plan to participants or beneficiaries during the year (if more than two, enter EINs of the two instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Total value of distributions paid in property other than in cash or the forms of property specified in the

Plan sponsor's name as shown on line 2a of Form 5500

plan number

Three-digitName of plan

and endingFor calendar plan year 2015 or fiscal plan year beginning

6058(a) of the Internal Revenue Code (the Code).Employee Retirement Income Security Act of 1974 (ERISA) and sectionThis schedule is required to be filed under section 104 and 4065 of the

Schedule R (Form 5500) 2015For Paperwork Reduction Act Notice and OMB Control Numbers, see the instructions for Form 5500.

9

8

If you completed line 6c, skip lines 8 and 9.

6c

c6bb

6a6

If you completed line 5, complete lines 3, 9, and 10 of Schedule MB and do not complete the remainder of this schedule.

5If the plan is a defined benefit plan, go to line 8.

4

33

Profit-sharing plans, ESOPs, and stock bonus plans, skip line 3.

2

11All references to distributions relate only to payments of benefits during the plan year.

Employer Identification Number (EIN)DC

BA

File as an attachment to Form 5500. Inspection.This Form is Open to Public

Amendments

Funding Information (If the plan is not subject to the minimum funding requirements of section of 412 of the Internal Revenue Code or

DistributionsPart I

Retirement Plan Information

2015

(PN)

a

7 Will the minimum funding amount reported on line 6c be met by the funding deadline? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No N/A

NoYes12 Does the ESOP hold any stock that is not readily tradable on an established securities market? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes No(See instructions for definition of "back-to-back" loan.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

b If the ESOP has an outstanding exempt loan with the employer as lender, is such loan part of a "back-to-back" loan?

NoYesDoes the ESOP hold any preferred stock? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Were unallocated employer securities or proceeds from the sale of unallocated securities used to repay any exempt loan? .

ESOPs (see instructions). If this is not a plan described under Section 409(a) or 4975(e)(7) of the Internal Revenue Code, skip this Part.Part IV

10 Yes No

11 a

Both




(Form 5500)SCHEDULE R

administrator agree with the change? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

deficiency not waived) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

04/01/2015 03/31/2016

Boston Plasterers' & Cement Masons' Union Local001


0

X

X

X

Schedule R (Form 5500) 2015

Additional Information for Multiemployer Defined Benefit Pension PlansPart V13 Enter the following information for each employer that contributed more than 5% of total contributions to the plan during the plan year (measured in

dollars). See instructions. Complete as many entries as needed to report all applicable employers.

a Name of contributing employer

EINb c Dollar amount contributed by employer

d Date collective bargaining agreement expires (If employer contributes under more than one collective bargaining agreement, check box

Contribution rate information (If more than one rate applies, check this boxeand see instructions regarding required attachment. Otherwise, enter the applicable date.)Month Day Year

and see instructions regarding required attachment. Otherwise,

complete lines 13e(1) and 13e(2).)

(1)

(2)

Contribution rate (in dollars and cents)

Base unit measure: Hourly Weekly Unit of production Other (specify):

Base unit measure:


(2)

(1)



YearDayMonthand see instructions regarding required attachment. Otherwise, enter the applicable date.)

e Contribution rate information (If more than one rate applies, check this box

Date collective bargaining agreement expires (If employer contributes under more than one collective bargaining agreement, check boxdcb EIN

Name of contributing employera

and see instructions regarding required attachment. Otherwise, enter the applicable date.)Month Day Year

c


(1)

(2)


Base unit measure:


EINb



Contribution rate information (If more than one rate applies, check this boxe

Base unit measure:


(2)

(1)




Date collective bargaining agreement expires (If employer contributes under more than one collective bargaining agreement, check boxd


cb EIN


Base unit measure:


(2)

(1)






cb EIN



c


(1)

(2)


Base unit measure:


EINb




Dollar amount contributed by employer





Other (specify):Unit of productionWeeklyHourly






S & F CONCRETE04-2439090 682975

06 30 2016

12.21X

G & C CONCRETE04-3041248 351536

06 30 2016

12.21X

EAST COAST FIREPROOFING04-2693948 324664

06 30 2016

12.21X

MARGUERITE CONCRETE04-3035873 257460

06 30 2016

12.21X

H CARR & SONS05-0297043 217243

06 30 2016

12.21X

JL MARSHALL05-0178105 197617

06 30 2016

12.21X

534PE5500 01/20/2017 8:27 AM Pg 29

Schedule R (Form 5500) 2015

Additional Information for Multiemployer Defined Benefit Pension PlansPart V13 Enter the following information for each employer that contributed more than 5% of total contributions to the plan during the plan year (measured in

dollars). See instructions. Complete as many entries as needed to report all applicable employers.


EINb c Dollar amount contributed by employer


Contribution rate information (If more than one rate applies, check this boxeand see instructions regarding required attachment. Otherwise, enter the applicable date.)Month Day Year



(1)

(2)


Base unit measure: Hourly Weekly Unit of production Other (specify):

Base unit measure:


(2)

(1)





Date collective bargaining agreement expires (If employer contributes under more than one collective bargaining agreement, check boxdcb EIN



c


(1)

(2)


Base unit measure:


EINb




Base unit measure:


(2)

(1)






cb EIN


Base unit measure:


(2)

(1)






cb EIN



c


(1)

(2)


Base unit measure:


EINb















ANGELINI PLASTERING04-3110255 191789

06 30 2016

12.21X

CENTURY DRYWALL05-0460679 187750

06 30 2016

12.21X

534PE5500 01/20/2017 8:27 AM Pg 30

Schedule R (Form 5500) 2015 Page 3 -

14 Enter the number of participants on whose behalf no contributions were made by an employer as an employer of the

participant for:

abc

The current year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The plan year immediately preceding the current plan year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The second preceding plan year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

14a14b14c

15b15a

16a

16b

15 Enter the ratio of the number of participants under the plan on whose behalf no employer had an obligation to make an

employer contribution during the current plan year to:

ab

The corresponding number for the plan year immediately preceding the current plan year . . . . . . . . . . . . . . . . .

The corresponding number for the second preceding plan year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

16 Information with respect to any employers who withdrew from the plan during the preceding plan year:ab

Enter the number of employers who withdrew during the preceding plan year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If line 16a is greater than 0, enter the aggregate amount of withdrawal liability assessed or estimated to be

assessed against such withdrawn employers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

17 If assets and liabilities from another plan have been transferred to or merged with this plan during the plan year, check box and see instructions regarding supplemental information to be included as an attachment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part VI Additional Information for Single-Employer and Multiemployer Defined Benefit Pension Plans

18 If any liabilities to participants or their beneficiaries under the plan as of the end of the plan year consist (in whole or in part) of liabilities to such participants and beneficiaries under two or more pension plans as of immediately before such plan year, check box and see instructions regarding supplemental information to be included as an attachment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

19 If the total number of participants is 1,000 or more, complete lines (a) through (c)

a

b

c

Enter the percentage of plan assets held as:

Stock: % Investment-Grade Debt: % High-Yield Debt: % Real Estate: % Other: %

Provide the average duration of the combined investment-grade and high-yield debt:

0-3 years 3-6 years 6-9 years 9-12 years 12-15 years 15-18 years 18-21 years 21 years or more

What duration measure was used to calculate line 19(b)?

Effective duration Macaulay duration Modified duration Other (specify):

Part VII

22c

22b22a

21b

21a

20c

20b

20a

23

22d

Is the plan a 401(k) plan? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

if "Yes," how does the 401(k) plan satisfy the nondiscrimination requirements for employee deferrals and

employer matching contributions (as applicable) under sections 401(k)(3) and 401(m)(2)? . . . . . . . . . . . . . .

If the ADP/ACP test is used, did the 401(k) plan perform ADP/ACP testing for the plan year using the "current

year testing method" for nonhighly compensated employees (Treas. Reg sections 1.401(k)-2(a)(2)(ii) and

1.401(m)-2(a)(2)(ii))? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Check the box to indicate the method used by the plan to satisfy the coverage requirements under section

410(b): . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Does the plan satisfy the coverage and nondiscrimination tests of sections 410(b) and 401(a)(4) by combining

this plan with any other plans under the permissive aggregation rules? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Has the plan been timely amended for all required tax law changes? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Date the last plan amendment/restatement for the required tax law changes was adopted . Enter the applicable code (Seeinstructions for tax law changes and codes).If the plan sponsor is an adopter of a pre-approved master and prototype (M&P) or volume submitter plan that is subject to a favorable IRS opinion or

advisory letter, enter the date of that favorable letter and the letter's serial number .

If the plan is an individually-designed plan and received a favorable determination letter from the IRS, enter the date of the plan's last favorable

determination letter .

Is the Plan maintained in a U.S. territory (i.e., Puerto Rico (if no election under ERISA section 1022(i)(2) has

been made), American Samoa, Guam, the Commonwealth of the Northern Mariana Islands or the U.S. Virgin

Islands)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

Design-based

safe harbor

method

Yes

Ratio

percentage

test

Yes

Yes

Yes

No

ADP/ACP test

No

Average

benefit test

No

No

No

N/A

IRS compliance Questions


534PE5500 01/20/2017 8:27 AM Pg 31

Form 5500

Employer identification number

Plan name

, and ending

9nn

9mm

9ll

k(2)(2)

k(1)(1)k

j(3)(3)

j(2)(2)

j(1)(1)

j

9ii

9hh

Outstanding Balance

9gg

9ff

Credits to funding standard account:

e 9e

9dd

c(2)(2)

c(1)(1)

Outstanding Balancec

9bb

9aa

Charges to funding standard acct.:

9

2015Funding Standard Account Worksheet

Funding deficiency: If line 9e is greater than line 9l, enter the difference . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Credit balance: If line 9l is greater than line 9e, enter the difference . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Total credits. Add lines 9f through 9i, 9j(3), 9k(1), and 9k(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Other credits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Waived funding deficiency . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

FFL credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

"RPA '94" override (90% current liability FFL) . . . . . . . . . . . . . . . . . . . . . . . . .

ERISA FFL (accrued liability FFL) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Full funding limitation (FFL) and credits

Interest as applicable to end of plan year on lines 9f, 9g, and 9h . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

)($Amortization credits as of valuation date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Employer contributions. Total from column (b) of line 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Prior year credit balance, if any . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Total charges. Add lines 9a through 9f . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Interest as applicable on lines 9a, 9b, and 9c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

)($Funding waivers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

)($All bases except funding waivers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Amortization charges as of valuation date:

Employer's normal cost for plan year as of valuation date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Prior year funding deficiency, if any . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Funding standard account statement for this plan year:

Sponsor name

Three-digit plan number

c(3)Certain bases for which the amortization period has been extended . ($ )(3)

o(3)

o(2)(b)(b)

o(2)(a)(a)

(3)

(2)

o(1)(1)

o

Reconciliation account:

Total as of valuation date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Reconciliation amount. Line 9c(3) balance minus line 9o(2)(a) . . .

Reconciliation outstanding balance as of valuation date . . . . . . . . . .

Due to waived funding deficiencies:

Due to additional funding charges as of the beginning of the plan year . .

Current year's accumulated reconciliation account:

For calendar year 2015, or tax year beginning04/01/2015 03/31/2016

Boston Plasterers' & Cement Masons' Union Local 001


ALL EMPLOYERS0

804,930

18,200,129 3,203,313

320,6594,328,902

705,681

2,424,465 543,429217,043

19,352,58540,911,684

1,466,153

2,862,749

534PE5500 01/20/2017 8:27 AM Pg 32

534PE5500 Boston Plasterers' & Cement Masons 1/20/2017 8:26 AM04-6127786 Federal Statements Page 1

FYE: 3/31/2016 Boston Plasterers' & Cement Masons' Union LocalPlan: 001

Statement 1 - Form 5500, Schedule H, Line 2c - Other Income

Description AmountReal Estate Earnings $ 29,822Administrative reimbursements 20,477Collection reimbursement 33,112Other incomeClass action settlement 2,282REBATES 90 Total $ 85,783

Statement 2 - Form 5500, Schedule H, Line 2i(4) - Other Expenses

Description AmountCollection expense $ 35,215Computer expenses 12,641Depreciation 120Employee benefits 34,448Fiduciary liability 7,730Insurance 13,205International Foundation 3,773International pension 9,707MILEAGE 26Office expense 1,721Payroll tax 5,973Postage 1,944Rent 7,682Repairs and maintenance 2,186Salaries 73,779Telephone 1,453Trustee meeting expense 1,513Utilities 824DUES & SUBSCRIPTIONS 24SECURITY ADMIN 27 Total $ 213,991

Statement 3 - Schedule H, Line 4i - Schedule of Assets Held for Investment

Party in CurrentInterest Identity Description Cost Value see financial report $ $

1-3

534PE5500 Boston Plasterers' & Cement Masons 1/20/2017 8:26 AM04-6127786 Federal Statements Page 2

FYE: 3/31/2016 Boston Plasterers' & Cement Masons' Union LocalPlan: 001

Statement 4 - Schedule MB, line 9c - Schedule of funding Standard Account Bases

DescriptionInitial Amortization Outstanding Remaining Amortization Amortization Amortization

Date Amount Period Balance Period Amount BasisALL EMPLOYERS

3/31/15 $ $ 18,200,129 $ 3,203,313 Other

ALL EMPLOYERSStatement 5 - Schedule MB, line 9h - Schedule of Funding Standard Account Bases

Initial Amortization Outstanding Remaining Amortization AmortizationDescription Date Amount Period Balance Period Amount

AMORTIZATION CREDITS 3/31/15 $ $ 2,424,465 $ 543,429 Total $ 0 $ 2,424,465 $ 543,429

4-5

Electronic Filing - PDF Attachment ReportForm 5500

Name

Attachment SourceTitle

2015For calendar year 2015, or tax year beginning , and ending

Proforma

Taxpayer Identification Number04/01/15 03/31/16

Boston Plasterers' & Cement MasonsUnion Local 534 Pension Fund 04-6127786

Federal Attachments: Schedule MB and SB: Active Participant Data N:\CLIENT FILES\BPCM LOCAL 534\PENSION\2016\5500 attachmNo

ent\BPCM 534 Schedule MB - Line 8b - Schedule of ActiveParticipant Data.pdf

Schedule MB and SB: Actuarial Assumptions Methods N:\CLIENT FILES\BPCM LOCAL 534\PENSION\2016\5500 attachmNoent\BPCM 534 Schedule MB - Line 6 - Statement of Actuarial Assumptions-Methods.pdf

Schedule R: Funding Improvement Plan N:\CLIENT FILES\BPCM LOCAL 534\PENSION\2016\5500 attachmNoent\Schedule R Attachment - Summary of FIP.pdf

Schedule MB: Actuarial Certification N:\CLIENT FILES\BPCM LOCAL 534\PENSION\2016\5500 attachmNoent\BPCM 534 Schedule MB - Line 4b - Actuarial Certification of Status.pdf

Schedule MB: Illustration Supporting Actuarial CertifiN:\CLIENT FILES\BPCM LOCAL 534\PENSION\2016\5500 attachmNo cation of Status ent\BPCM 534 Schedule MB - Line 4b - Illustration Suppor

ting Actuarial Certification Status.pdf

Schedule MB and SB: Summary of Plan Provisions N:\CLIENT FILES\BPCM LOCAL 534\PENSION\2016\5500 attachmNoent\BPCM 534 Schedule MB - Line 6 - Summary of Plan Provisions.pdf

Schedule MB: Justification for Change in Actuarial AssN:\CLIENT FILES\BPCM LOCAL 534\PENSION\2016\5500 attachmNo umptions ent\BPCM 534 Schedule MB - Line 11 - Justification for C

hange in Actuarial Assumptions.pdf

Schedule MB: Schedule of Funding Standard Account BaseN:\CLIENT FILES\BPCM LOCAL 534\PENSION\2016\5500 attachmNo s ent\BPCM 534 Schedule MB - Lines 9c and 9h - Schedule of

FSA Bases.pdf

Signed Schedule MB or SB Image in PDF format N:\CLIENT FILES\BPCM LOCAL 534\PENSION\2016\5500 attachmNoent\BPCM 534 Schedule MB - Signed Schedule MB.pdf

Schedule H and I: IQPA report (Accountant Opinion) N:\CLIENT FILES\BPCM LOCAL 534\PENSION\2016\Loc 534PFFS.Nopdf

534PE5500 01/20/2017 8:27 AM Pg 35

Electronic Filing - PDF Attachment ReportForm 5500

Name

Attachment SourceTitle

2015For calendar year 2015, or tax year beginning , and ending

Proforma

Taxpayer Identification Number04/01/15 03/31/16

Boston Plasterers' & Cement MasonsUnion Local 534 Pension Fund 04-6127786

Schedule H: Schedule of Assets (Held at End of Year) (automatically attached) N/A

534PE5500 01/20/2017 8:27 AM Pg 36

boston plasterers' & cement masons (clt) · fund reconciliation participant reconciliation...

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