• SPD Table of Contents
  1. Introduction
  2. Definitions
  3. Eligibility for SUB Fund Benefits
  4. Applying for SUB Fund Benefits
  5. Payment of SUB Fund Benefits
  6. Claim Denials
  7. Claim Appeals
  8. General Plan Provisions
  9. Your Rights Under ERISA
  10. Information About Your Plan

Information About Your Plan

NAME OF PLAN-The name of the Plan is the I.B.E.W. Local 701 Supplemental

Unemployment Benefit Fund of the Electrical Industry.

TYPE OF PLAN -This Plan is a welfare plan providing supplemental unemployment benefits administered and maintained by the Board of Trustees.

NAME AND ADDRESS OF THE ADMINISTRATIVE MANAGER - The Administrative Manager selected by the Trustees is:

Administrative Manager
The I.B.E.W. Local 701 Supplemental Unemployment
Benefit (SUB) Fund Office
28600 Bella Vista Parkway, Suite 1110
Warrenville, IL 60555
(630) 393-1701 prompt #3

ADDRESS OF THE BOARD OF TRUSTEES - The Board of Trustees’ office is:

I.B.E.W. Local 701 Supplemental Unemployment
Benefit (SUB) Board of Trustees
28600 Bella Vista Parkway, Suite 1110
Warrenville, IL 60555
(630) 393-1701 prompt #3

PLAN YEAR -The financial records of this Plan are based on a fiscal year that begins June

1 and ends May 31.

SOURCE OF INCOME; METHOD OF FUNDING -Sources of Trust Fund income include employer contributions and investment earnings. All employer contributions are paid to the Trust Fund subject to provisions in the collective bargaining agreements or nonbargaining participation agreements between the Union and an employer association, or for those employers who are not members of, or represented by, the association, individual collective bargaining agreements with the Union.

All benefits payable under the Plan are self-funded and paid directly from the accumulated assets of the Trust Fund. A portion of Fund assets are also allocated for reserves to meet future liabilities and carry out the objectives of the Plan.

NAMES AND ADDRESSES OF THE BOARD OF TRUSTEES -As of February 1,

PARTIES TO THE COLLECTIVE BARGAINING AGREEMENTS -The Fund is established and maintained under the terms of collective bargaining agreements. These agreements set forth the conditions under which participating employers are required to contribute to the Fund. The parties to the collective bargaining agreements are the DuPage

Division, Northeastern Illinois Chapter National Electrical Contractors Association, and International Brotherhood of Electrical Workers Local 701

PLAN IDENTIFICATION NUMBERS -The Internal Revenue Service Identification Number (EIN) issued to the Plan is 36-4166378. The Plan Number (PN) is 501.

AGENT FOR SERVICE OF LEGAL PROCESS -Fund Counsel to the Board of Trustees is the Fund’s agent for service of legal process. Accordingly, if legal disputes involving the Plan arise, any legal documents should be served upon Fund Counsel whose name and address is shown below:

Hugh B. Arnold, Esq.
ARNOLD AND KADJAN
203 N. LaSalle Street, Suite 1650 Chicago, IL 60601

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