Summary Plan Description

Benefit Statements

Plan records are updated each quarter to reflect employer contributions, including 401(a) supplemental contributions, for the previous quarter. Quarterly Benefit Statements are mailed to you four times each year. We encourage you to review these statement and notify the Retirement Department at the Trust Office if you find any errors or discrepancies.

Benefit statements list, on a year-by-year basis, your beginning balance, employer contributions received on your behalf, investment earnings or losses, forfeitures and payouts (these two columns apply primarily to property settlement situations), the balance of your account at the end of each plan year, and your vesting status in this plan. 401(a) supplemental contributions are separately accounted for within the plan but are invested along with other plan assets. Currently, there is a separate benefit statement for 401(a) supplemental contributions.

We encourage you to review your Quarterly Benefit Statements and notify the Retirement Department at the Trust Office if you find any errors or discrepancies.

Quarterly Benefit Statement
Carpenters Individual Account Pension Plan
Plan Year Beginning Balance Employer Contributions Investment Gain / Loss Forfeitures
(+/-)
Payouts Ending Balance Status
90 .00



,00 New Entrant
91 .00 695.40 100.83

796.23 Active
92 796.23 604.50 114.86

1,515.59 Active
93 1,515.59 712.20 276.25

2,504.04 Active
94 2,504.04 893.70 17.67

3,415.41 Active
95 3,415.41 666.00 934.69

5,016.10 Vested
96 5,016.10 886.96 765.84

6,668.90 Vested
97 6,668.90 1,261.80 1,252.01

9,182.71 Vested
98 9,182.71 1,119.90 946.31

11,248.92 Vested
99 11,248.92 1,200.00 608.73

13,057.65 Vested
00 13,057.65 1,005.77 550.92

14,614.34 Vested
01 14,614.34 1,093.38 58.05

15,765.77 Vested
02 15,765.77 726.00 763.77-

15,728.00 Vested
03 15,728.00 729.17 3,440.68

19,897.85 Vested
04 19,897.85 1,014.90 669.88

21,582.63 Vested