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:						(October)
7	Employer Contributions					$	2,291,710	$	8,667,632
8	Employee Contributions						598,932		2,372,546
9	Interest Income								994
10	Corporate/Govt Obligations - market value adj								(268)
11							_		_
12	Total Revenues						2,890,642		11,040,905
13							_		_
14	COST OF BENEFITS PROVIDED:
15	Aetna						1,712,345		6,875,092
16	Kaiser Premium						764,098		3,032,928
17	WEA - WA Dental						126,911		513,649
18	WEA - Willamette Dental						73,162		279,790
19	Metropolitan Life ($50M) Premium						15,933		63,586
20	Metropolitan Life (VOL) Premium						15,690		64,533
21	Metropolitan Life - Vision						38,893		154,344
22	Metropolitan Life - LTD						69,181		274,330
23	Metropolitan Life - STD						7,406		29,870
24	UNUM LTC						1,126		4,460
25	Optum						399		399
26	Magellan Behavior						8,631		8,631
27	Weight Watchers						0		0
28							_		_
29		Cost of Benefits Provided					2,833,776		11,301,612
30							_		_
31	Excess (Deficiency) of Revenues over Cost of Benefits						56,866		(260,706)
32							_		_
33	ADMINISTRATIVE EXPENSES:
34	Administration						2,362		7,055
35	Wellness Program Salaries						0		8,312
36	Wellness Program Expenses						0		0
37	Audit Fee						0		0
38	Bank Fees						40		1,339
39	Investment Fees						0		0
40	Legal Fees						2,915		10,939
41	Liability Insurance						0		0
42	Misc. Expense						0		0
43	Office & Printing						33		44
44	Consultant Fee						0		0
45	Investment Consultant Fee						0		0
46							_		_
47		Total Administrative Expenses					5,350		27,689
48							_		_
49	Excess(Deficiency) of Revenue Over Expenses						51,517		(288,395)
50	Adjusted Fund Balance 10/01/19						2,893,389		3,233,301

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