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:						(July)
7	Employer Contributions					$	1,956,665	$	1,956,665
8	Employee Contributions						587,588		587,588
9	Interest Income						682		682
10	Corporate/Govt Obligations - market value adj						(268)		(268)
11							_
12	Total Revenues						2,544,667		2,544,667
13							_		_
14	COST OF BENEFITS PROVIDED:
15	Aetna						1,720,683		1,720,683
16	Kaiser Premium						758,617		758,617
17	WEA - WA Dental						129,153		129,153
18	WEA - Willamette Dental						68,849		68,849
19	Metropolitan Life ($50M) Premium						15,884		15,884
20	Metropolitan Life (VOL) Premium						16,470		16,470
21	Metropolitan Life - Vision						38,526		38,526
22	Metropolitan Life - LTD						68,352		68,352
23	Metropolitan Life - STD						7,524		7,524
24	UNUM LTC						1,126		1,126
25	Other Benefits						0		0
26	Optum						0		0
27	Magellan Behavior						0		0
28	Weight Watchers						0		0
29							_		_
30		Cost of Benefits Provided					2,825,184		2,825,184
31							_		_
32	Excess (Deficiency) of Revenues over Cost of Benefits						(280,516)		(280,516)
33							_		_
34	ADMINISTRATIVE EXPENSES:
35	Administration						0		0
36	Wellness Program Salaries						8,312		8,312
37	Wellness Program Expenses						0		0
38	Audit Fee						0		0
39	Bank Fees						40		40
40	Investment Fees						0		0
41	Legal Fees						8,024		8,024
42	Liability Insurance						0		0
43	Misc. Expense						0		0
44	Office & Printing						0		0
45	Consultant Fee						0		0
46	Investment Consultant Fee						0		0
47									_
48		Total Administrative Expenses					16,376		16,376
49							_		_
50	Excess(Deficiency) of Revenue Over Expenses						(296,892)		(296,892)

Back to top

---