Sch MB (Form 5500) Multiemployer Defined Benefit Plan and Certain Money Pur

New Schedule
SCHEDULE MB
(Form 5500)

Multiemployer Defined Benefit Plan and Certain
Money Purchase Plan Actuarial Information

Department of the Treasury
Internal Revenue Service
Department of Labor
Employee Benefits Security Administration
Pension Benefit Guaranty Corporation

This schedule is required to be filed under section 104 of the Employee
Retirement Income Security Act of 1974 (ERISA) and section 6059 of the
Internal Revenue Code (the Code).
έ Attach to Form 5500 or 5500-EZ if applicable. (See instructions.)

Official Use Only

OMB No. 1210-0110

2008
This Form is Open to
Public Inspection.

For calendar plan year 2008 or fiscal plan year beginning
,
and ending
,
έ Round off amounts to nearest dollar.
έ Caution: A penalty of $1,000 will be assessed for late filing of this report unless reasonable cause is established.
A Name of plan
B Three-digit
plan number (PN) έ
C Plan sponsor's name as shown on line 2a of Form 5500 or 5500-EZ
D Employer Identification Number (EIN)

E Type of plan:
1a Enter the valuation date:
b Assets:

Multiemployer Defined Benefit
Month
Day

(2)

Money Purchase (see instructions)
Year

(1) Current value of assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(2) Actuarial value of assets for funding standard account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(1) Accrued liability for plan using immediate gain methods . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(2) Information for plans using spread gain methods:
(a) Unfunded liability for methods with bases . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(b) Accrued liability under entry age normal method . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(c) Normal cost under entry age normal method . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) Accrued liability under unit credit cost method. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1b(1)
1b(2)
1c(1)

O
O
F

c

(1)

d

1d(1)

1d(2)(a)
1d(2)(b)
1d(2)(c)
1d(3)

D

PR

Information on current liabilities of the plan:
(1) Amount excluded from current liability attributable to pre-participation service (see instructions)
(2) "RPA '94" information:
(a) Current liability . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(b) Expected increase in current liability due to benefits accruing during the plan year . . . . . .
(c) Expected release from "RPA '94" current liability for the plan year . . . . . . . . . . . . . . . . . . .
(3) Expected plan disbursements for the plan year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Statement by Enrolled Actuary

1c(2)(a)
1c(2)(b)
1c(2)(c)
1c(3)

SIGN
HERE

3R

To the best of my knowledge, the information supplied in this schedule and accompanying schedules, statements and attachments, if any, is complete and accurate.
Each prescribed assumption was applied in accordance with applicable law and regulations. In my opinion, each other assumption is reasonable (taking into account the
experience of the plan and reasonable expectations) and such other assumptions, in combination, offer my best estimate of anticipated experience under the plan.

Signature of actuary

Date

Type or print name of actuary

Most recent enrollment number

Firm name

Telephone number (including area code)

Address of the firm
If the actuary has not fully reflected any regulation or ruling promulgated under the statute in completing this schedule,
check the box and see instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
For Paperwork Reduction Act Notice and OMB Control Numbers,
v11.1
Schedule MB (Form 5500) 2008
see the instructions for Form 5500 or 5500-EZ.

Schedule MB (Form 5500) 2008

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Official Use Only

3

(a) Date
(MM-DD-YYYY)

4
a
b
c
d
e
5
a
e
i
add k
l
"5"
m
n
6
a
b
c

d
e
f
g
h

(b) Amount paid by
employer(s)

(c) Amount paid by
employees

(a) Date
(MM-DD-YYYY)

(b) Amount paid by
employer(s)

O
O
F

c

(2) Current liability

%
(c) Amount paid by
employees

3(c)
Totals έ 3(b)
Information on plan status:
Enter code to indicate plan's status (see instructions for attachment of supporting evidence of plan's
4a
status). If code is "N," go to line 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4b
Funded percentage for monitoring plan's status (line 1b(2) divided by line 1c(3)) . . . . . . . . . . . . . . . . . . . .
%
Is the plan making the scheduled progress under any applicable funding improvement or rehabilitation plan? . . . . . . . . . . .
Yes
No
If the plan is in critical status, were any adjustable benefits reduced? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
If line 4d is "Yes," enter the reduction in liability resulting from the reduction in adjustable benefits,
measured as of the valuation date. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4e
Actuarial cost method used as the basis for this plan year's funding standard account computations (check all that apply):
b
c
d
Attained age normal
Entry age normal
Accrued benefit (unit credit)
Aggregate
h
Frozen initial liability
f
Individual level premium
g
Individual aggregate
Shortfall
j
Reorganization
Other (specify):
5k
If box h is checked, enter period of use of shortfall method . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Has a change been made in funding method for this plan year?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
If line 5l is "Yes," was the change made pursuant to Revenue Procedure 2000-40? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
If line 5l is "Yes," and line 5m is "No," enter the date (MM-DD-YYYY) of the ruling letter (individual or
class) approving the change in funding method . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5n
Checklist of certain actuarial assumptions:
Interest rate for "RPA '94" current liability . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6a
%
Pre-retirement
Post-retirement
Rates specified in insurance or annuity contracts . . . . . . . . . . . . . . . . . . . .
Yes
No
N/A
Yes
No
N/A
Mortality table code for valuation purposes:
(1) Males . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6c(1)
(2) Females . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6c(2)
6d
Valuation liability interest rate. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
%
%
6e
Expense loading . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
%
%
Salary scale . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6f
%
Estimated investment return on actuarial value of assets for year ending on the valuation date . . . . . . . . 6g
%
Estimated investment return on current value of assets for year ending on the valuation date . . . . . . . . . 6h
%
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delete
"the"

Operational information as of beginning of this plan year:
Current value of the assets (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2a
"RPA '94" current liability/participant count breakdown:
(1) Number of participants
(1) For retired participants and beneficiaries receiving payment . .
2b(1)
(2) For terminated vested participants . . . . . . . . . . . . . . . . . . . . . .
2b(2)
(3) For active participants:
(a) Non-vested benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2b(3)(a)
(b) Vested benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2b(3)(b)
(c) Total active . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2b(3)(c)
(4) Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2b(4)
If the percentage resulting from dividing line 2a by line 2b(4), column (2), is less than 70%, enter such
percentage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2c
Contributions made to the plan for the plan year by employer(s) and employees:

D

a
b

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2

Schedule MB (Form 5500) 2008

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Official Use Only

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New amortization bases established in the current plan year:
(1) Type of base
(2) Initial balance

(3) Amortization charge/credit

8

Miscellaneous information:
If a waiver of a funding deficiency has been approved for this plan year, enter the
date (MM-DD-YYYY) of the ruling letter granting the approval . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8a
b Is the plan required to provide a Schedule of Active Participant Data? (see instructions) If "Yes," attach schedule . . . . . . . . .
c Are any of the plan's amortization bases operating under an extension of time under section 412(e) (as in effect
prior to 2008) or section 431(d)(1) of the Code? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
d If line 8c is "Yes," provide the following additional information:
(1) Was an extension granted automatic approval under section 431(d)(1) of the Code? . . . . . . . . . . . . . . . . . . . . . . . . . . .
(2) If line 8d(1) is "Yes," enter the number of years by which the amortization period was extended . .
8d(2)
(3) Was an extension approved by the Internal Revenue Service under section 412(e) (as in effect
prior to 2008) or 431(d)(2) of the Code? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4) If line 8d(3) is "Yes," enter number of years by which the amortization period was extended (not
including the number of years in line 8d(2)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8d(4)
(5) If line 8d(3) is "Yes," enter the date of the ruling letter approving the extension . . . . . . . . . . . . . . .
8d(5)
(6) If line 8d(3) is "Yes," is the amortization base eligible for amortization using interest rates
applicable under section 6621(b) of the Code for years beginning after 2007? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
e If box 5h is checked or line 8c is "Yes," enter the difference between the minimum required
contribution for the year and the minimum that would have been required without using the
shortfall method or extending the amortization base(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8e
9 Funding standard account statement for this plan year:
Charges to funding standard account:
a Prior plan year funding deficiency, if any . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9a
b Employer's normal cost for plan year as of valuation date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9b
c Amortization charges as of valuation date:
Outstanding balance
(1) All bases except funding waivers and certain bases for
which the amortization period has been extended . . . . . . . . . . . .
9c(1)
(2) Funding waivers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9c(2)
(3) Certain bases for which the amortization period has been
extended . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9c(3)
d Interest as applicable on lines 9a, 9b, and 9c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9d
e Total charges. Add lines 9a through 9d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9e
Credits to funding standard account:
f Prior year credit balance, if any . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9f
g Employer contributions. Total from column (b) of line 3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9g
Outstanding balance
h Amortization credits as of valuation date . . . . . . . . . . . . . . . . . . . . . . .
9h
i Interest as applicable to end of plan year on lines 9f, 9g, and 9h. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9i
j Full funding limitation (FFL) and credits:
(1) ERISA FFL (accrued liability FFL). . . . . . . . . . . . . . . . . . . . . . . . .
9j(1)
(2) "RPA '94" override (90% current liability FFL) . . . . . . . . . . . . . . . .
9j(2)
(3) FFL credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9j(3)
k (1) Waived funding deficiency . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9k(1)
(2) Other credits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9k(2)
l Total credits. Add lines 9f through 9i, 9j(3), 9k(1), and 9k(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9l
m Credit balance: If line 9l is greater than line 9e, enter the difference. . . . . . . . . . . . . . . . . . . . . . . . . . . .
9m
n Funding deficiency: If line 9e is greater than line 9l, enter the difference . . . . . . . . . . . . . . . . . . . . . . . .
9n
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D

PR

O
O
F

a

Yes

No

Yes

No

Yes

No

Yes

No

Yes

No

Schedule MB (Form 5500) 2008

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Official Use Only

O
O
F
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D

10
11

Current year's accumulated reconciliation account:
(1) Due to waived funding deficiency accumulated prior to the 2008 plan year . . . . . . . . . . . . . . . .
9o(1)
(2) Due to amortization bases extended and amortized using the interest rate under
section 6621(b) of the Code:
(a) Reconciliation outstanding balance as of valuation date . . . . . . . . . . . . . . . . . . . . . . . . . .
9o(2)(a)
(b) Reconciliation amount (line 9c(3) balance minus line 9o(2)(a)) . . . . . . . . . . . . . . . . . . . . .
9o(2)(b)
(3) Total as of valuation date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9o(3)
Contribution necessary to avoid an accumulated funding deficiency (see instructions) . . . . . . . . . . .
10
Has a change been made in the actuarial assumptions for the current plan year? If "Yes," see instructions . . . . . . . . . . . . . .
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9o

Yes

No