SUPPLEMENTAL UNEMPLOYMENT BENEFIT PLAN FOR EMPLOYEES OF COLD SPRING CONST CO
PO BOX 358 43 JACKSON STREET, AKRON, NY 14001

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Organizations Filed Purposes: TO SUPPLEMENT STATE UNEMPLOYMENT BENEFITS FOR COVERED EMPLOYEES OF COLD SPRING CONSTRUCTION COMPANY.

85 EMPLOYEES OF COLD SPRING CONSTRUCTION COMPANY WERE COVERED DURING THE CURRENT YEAR. THE OBJECTIVE IS TO COVER ALL ELIGIBLE EMPLOYEES OF COLD SPRING CONSTRUCTION COMPANY WITH SUPPLEMENTAL UNEMPLOYMENT BENEFITS WHILE ON LAYOFF.

IN NO EVENT SHALL TRUST FUNDS BE USED TO PAY ADMINISTRATIVE COSTS TO THE EXTENT SUCH COSTS EXCEED TRUST EARNINGS DURING A PLAN YEAR IN WHICH SUCH COST ARE INCURRED. THEREFORE, EXCESS ADMINISTRATIVE COST ARE REIMBURSED BY THE EMPLOYER.

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