| Summary of Operations | 2004 | 2003 |
|---|---|---|
| Premium Income | $1,485 | $973 |
| Losses from Plan Terminations | $14,707 | $5,377 |
| Investment Income | $3,251 | $3,386 |
| Actuarial Charges and Adjustments | $1,788 | $6,162 |
| Insurance Activity | 2004 | 2003 |
|---|---|---|
| Benefits Paid | $3,007 | $2,489 |
| Retirees | 518,220 | 459,190 |
| Total Participants Receiving or Owed Benefits | 1,061,000 | 934,000 |
| New Underfunded Terminations | 192 | 155 |
| Terminated/Trusteed Plans (Cumulative) | 3,479 | 3,287 |
| Financial Position - Single-Employer Program | 2004 | 2003 |
|---|---|---|
| Total Assets | $38,993 | $34,016 |
| Total Liabilities | $62,298 | $45,254 |
| Net Loss | $(12,067) | $(7,600) |
| Net Position | $(23,305) | $(11,238) |
| Financial Position - Multiemployer Program | 2004 | 2003 |
|---|---|---|
| Total Assets | $1,070 | $1,000 |
| Total Liabilities | $1,306 | $1,261 |
| Net Income (Loss) | $(25) | $419 |
| Net Position | $(236) | $261 |
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