Iandividual Account Pension Plan > SPD > Administrative Information

Summary Plan Description

Administrative Information

  1. Plan Name:
 The plan is known as the Carpenters of Western Washington Individual Account Pension Plan.
  1. Name, Address and Telephone Numbers of the Joint Board of Trustees:
 The plan is sponsored by a joint labor-management board of trustees. The Board’s name, address and telephone numbers are:

Board of Trustees
Carpenters Trusts of Western Washington
2200 Sixth Avenue, Suite 300
Seattle, WA  98121-1839
(206) 441-6514  Seattle Area
(800) 552-0635  Nationwide

A list of Trustees is below.

You and your beneficiary may obtain a complete list of the employer and employee organizations sponsoring the plan by written request to the Trustees. You may also examine this information at the Trust Office or your Local Union upon ten days advance written request. The Trustees may impose a reasonable charge to cover the cost of furnishing these lists and you may wish to ask the amount of the charges before requesting copies.

  1. Identification Number:
 The Internal Revenue Service (IRS) employer identification number assigned to this plan is 91-1160641. In accordance with IRS instructions, the Trustees have assigned this plan the identification number of 002.
  1. Type of Plan:
 The Carpenters of Western Washington Individual Account Pension Plan is a defined contribution plan that provides benefits upon retirement, disability retirement and preretirement death.
  1. Type of Administration:
 The plan is administered by a joint labor-management board of trustees with the assistance of a salaried administrator agent.
  1. Name, Address and Telephone Numbers of the Salaried Administrator:
 Norman A. Anderson
Carpenters Trusts of Western Washington
2200 Sixth Avenue, Suite 300
Seattle, WA  98121-1839
(206) 441-6514  Seattle Area
(800) 552-0635  Nationwide
  1. Description of Collective Bargaining Agreement:
 The plan is maintained according to the terms of collective bargaining agreements. You and your beneficiary may obtain a copy of an agreement by writing to the Trustees. You may also examine an agreement at the Trust Office or your Local Union upon ten days advance written request. The Trustees may impose a reasonable charge to cover the cost of furnishing an agreement and you may wish to ask the amount of the charges before requesting copies.
  1. Eligibility and Benefits:
 You are entitled to participate in this plan if you work under a collective bargaining agreement described in item G, and if your employer is required to make contributions to the Trust Fund on your behalf. You may also participate in this plan if you hold a position with a union or employer that is signatory to a written contribution agreement with the Trustees that requires a contribution to the plan on your behalf.

The eligibility rules which determine who is entitled to participate are in section Participation and Eligibility. Copies of these booklets are available from the Trust Office at the address in item B, or your Local Union. There is no charge for them.

The joint and survivor payment option is described in section Retirement Payment Options.
  1. Source of Contributions:
 The Carpenters of Western Washington Individual Account Pension Plan is funded by employer contributions. The contribution amount  is specified in the collective bargaining agreements described in item G.
  1. Entities Used For Accumulation of Assets and Payment of Benefits:
Contributions paid into the plan to obtain benefits are received and held in trust by the Board of Trustees, pending payment of retirement benefits and administrative expenses.
  1. Plan Year:
 January 1 through December 31.
  1. Agents For Legal Process:
 Smith McKenzie Rothwell & Barlow, P.S.
500 Union Street, Suite 700
Seattle, WA 98101
(206) 224-9900

Service for legal process may also be made on the Board of Trustees or plan administrator.
  1. Plan Actuary:
 Rael & Letson
378 Vintage Park Drive
Foster City, CA  94404-4813
(650) 341-3311

 

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