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:						(November)
7	Employer Contributions					$	2,286,127	$	10,953,760
8	Employee Contributions						599,634		2,972,181
9	Interest Income						0		994
10	Corporate/Govt Obligations - market value adj						0		(268)
11							_		_
12	Total Revenues						2,885,762		13,926,667
13							_		_
14	COST OF BENEFITS PROVIDED:
15	Aetna						1,719,654		8,594,746
16	Kaiser Premium						765,485		3,798,413
17	WEA - WA Dental						127,632		641,281
18	WEA - Willamette Dental						74,406		354,197
19	Metropolitan Life ($50M) Premium						16,047		79,634
20	Metropolitan Life (VOL) Premium						15,947		80,479
21	Metropolitan Life - Vision						39,259		193,603
22	Metropolitan Life - LTD						69,919		344,248
23	Metropolitan Life - STD						7,393		37,262
24	UNUM LTC						1,126		5,586
25	Optum						0		399
26	Magellan Behavior						0		8,631
27							_		_
28		Cost of Benefits Provided					2,836,867		14,138,478
29							_		_
30	Excess (Deficiency) of Revenues over Cost of Benefits						48,895		(211,811)
31							_		_
32	ADMINISTRATIVE EXPENSES:
33	Administration						2,362		9,417
34	Wellness Program Salaries						0		8,312
35	Wellness Program Expenses						2,689		2,689
36	Audit Fee						7,500		7,500
37	Bank Fees						40		1,379
38	Investment Fees						0		0
39	Legal Fees						0		10,939
40	Liability Insurance						0		0
41	Misc. Expense						0		0
42	Office & Printing						0		44
43	Consultant Fee						0		0
44	Investment Consultant Fee						0		0
45							_		_
46		Total Administrative Expenses					12,591		40,280
47							_		_
48	Excess(Deficiency) of Revenue Over Expenses						36,304		(252,091)
49	Adjusted Fund Balance 11/01/19						2,944,906		3,233,301
50							_		_

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