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:						(August)
7	Employer Contributions					$	2,153,073	$	4,109,737
8	Employee Contributions						586,073		1,173,661
9	Interest Income						312		994
10	Corporate/Govt Obligations - market value adj								(268)
11							_
12	Total Revenues						2,739,457		5,284,125
13							_		_
14	COST OF BENEFITS PROVIDED:
15	Aetna						1,721,291		3,441,974
16	Kaiser Premium						756,387		1,515,004
17	WEA - WA Dental						128,753		257,905
18	WEA - Willamette Dental						68,849		137,697
19	Metropolitan Life ($50M) Premium						15,868		31,752
20	Metropolitan Life (VOL) Premium						16,222		32,691
21	Metropolitan Life - Vision						38,447		76,973
22	Metropolitan Life - LTD						68,321		136,673
23	Metropolitan Life - STD						7,493		15,017
24	UNUM LTC						1,126		2,252
25	Magellan Behavior						0		0
26	Weight Watchers						0		0
27							_		_
28		Cost of Benefits Provided					2,822,756		5,647,940
29							_		_
30	Excess (Deficiency) of Revenues over Cost of Benefits						(83,299)		(363,815)
31							_		_
32	ADMINISTRATIVE EXPENSES:
33	Administration						0		0
34	Wellness Program Salaries						0		8,312
35	Wellness Program Expenses						0		0
36	Audit Fee						0		0
37	Bank Fees						915		955
38	Investment Fees						0		0
39	Legal Fees						0		8,024
40	Liability Insurance						0		0
41	Misc. Expense						0		0
42	Office & Printing						0		0
43	Consultant Fee						0		0
44	Investment Consultant Fee						0		0
45									_
46		Total Administrative Expenses					915		17,291
47							_		_
48	Excess(Deficiency) of Revenue Over Expenses						(84,214)		(381,106)
49	Adjusted Fund Balance 8/01/19						2,936,409		3,233,301
50							_		_

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