A	B	C	D	E	F	G	H	I	J
1	EVERETT SCHOOL EMPLOYEE BENEFIT TRUST
2	STATEMENT OF OPERATIONS AND FUND BALANCE
3	For the Year Ended June 30, 2020
4
5							Current Month		2019-2020
6	REVENUES:						(September)
7	Employer Contributions					$	2,266,185	$	6,375,922
8	Employee Contributions						599,954		1,773,615
9	Interest Income								994
10	Corporate/Govt Obligations - market value adj								(268)
11							_		_
12	Total Revenues						2,866,139		8,150,263
13							_		_
14	COST OF BENEFITS PROVIDED:
15	Aetna						1,720,772		5,162,746
16	Kaiser Premium						753,826		2,268,830
17	WEA - WA Dental						128,833		386,738
18	WEA - Willamette Dental						68,931		206,628
19	Metropolitan Life ($50M) Premium						15,901		47,653
20	Metropolitan Life (VOL) Premium						16,151		48,842
21	Metropolitan Life - Vision						38,479		115,452
22	Metropolitan Life - LTD						68,475		205,148
23	Metropolitan Life - STD						7,447		22,464
24	UNUM LTC						1,083		3,334
25	Magellan Behavior						0		0
26	Weight Watchers						0		0
27							_		_
28		Cost of Benefits Provided					2,819,897		8,467,836
29							_		_
30	Excess (Deficiency) of Revenues over Cost of Benefits						46,242		(317,573)
31							_		_
32	ADMINISTRATIVE EXPENSES:
33	Administration						4,693		4,693
34	Wellness Program Salaries						0		8,312
35	Wellness Program Expenses						0		0
36	Audit Fee						0		0
37	Bank Fees						344		1,299
38	Investment Fees						0		0
39	Legal Fees						0		8,024
40	Liability Insurance						0		0
41	Misc. Expense						0		0
42	Office & Printing						11		11
43	Consultant Fee						0		0
44	Investment Consultant Fee						0		0
45							_		_
46		Total Administrative Expenses					5,048		22,339
47							_		_
48	Excess(Deficiency) of Revenue Over Expenses						41,194		(339,912)
49	Adjusted Fund Balance 9/01/19						2,852,195		3,233,301
50							_		_

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