OE News Special Edition June 2014

OPERATING ENGINEERS' BENEFITS PLANStatement of Administrative ExpensesFor the Years Ended December 31, 2013 and 20122013 2012Actuarial $ 38,181 $ 93,118Bank charges 1,500 1,678Miscellaneous 20,458 3,093Professional fees 30,001 34,120Legal fees - 3,153Management fees 852,000 852,000Other (12) 351Totals, to Exhibit “B” $ 942,128 $ 987,513These summarized financial statements are not complete and do not contain all of the disclosuresrequired under Canadian generally accepted accounting principles. A complete set of financialstatements, and notes thereto, are available upon request from the Operating Engineers Local 115Benefits Plan Administrator.32 News Special Edition Fall 2014