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Company:
Joint Board of Trustees Operating Engineers' Local 324 Defined Contribution Pension Plan

Plan:
Operating Engineers' Local 324 Defined Contribution Pension Plan
 
Form 5500 | Basic Information
Plan Information
Plan Year 05/01/2012 — 04/30/2013
Effective Date of Plan 05/01/1997
Net Assets as of 04/30/2013 $105,511,495
Plan Number 2
Plan Type Multi-Employer
Is the plan collectively bargained? Yes
Did the plan file for an extension of time or the DFVC Program? Yes
Plan Funding Arrangement Trust
Plan Benefit Arrangement Trust

Participant Information as of 04/30/2013
Active (Eligible) Participants 5,132
Retired or separated participants receiving benefits 33
Other retired or separated participants entitled to future benefits 6,427
Subtotal 11,592
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Total 11,592
Total number of participants as of 05/01/2012 11,202
Number of participants with account balances 11,592
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 0

Plan Sponsor Information
Address 700 Tower Drive, Suite 300
TROY, MI 48098 -2808
Telephone (248) 813-9800
EIN 38-3386104
Industry Code 813930
Named Administrator Scott Hart

Audit Information
Audit Status Audited
Auditor Plante & Moran, PLLC
Auditor EIN 38-1357951
Audit Opinion Unqualified
Audit Type Full Audit

Benefits Provided Under the Plan
Code Benefit Description
2C Money purchase A pension plan, other than a target benefit plan that requires a fixed percentage of compensation to be contributed to each eligible employee.

  Question Answer Amount
1. During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No  
2. Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No  
3. Were any leases to which the plan was a party in default or classified during the year as uncollectible? No  
4. Were there any nonexempt transactions with any party-in-interest? Yes $4,544
5. Was this plan covered by a fidelity bond? Yes $500,000
6. Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No  
7. 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? Yes $17,717,203
8. 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? No  
9. Did the plan have assets held for investment? Yes  
10. Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? Yes  
11. Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No  
12. Has the plan failed to provide any benefit when due under the plan? No  
13. If this is an individual account plan, was there a blackout period? No  
14. If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3?