Summary Plan Description

The purpose of this booklet is to provide a summary of the provisions and benefits of The Steamfitters’ Industry Supplemental Retirement Plan. The benefits summarized in this booklet are effective as of the printing of this document. However, the provisions of the Plan document govern the payment of all benefits and the full Plan text should be consulted if you have any questions regarding your benefits. A copy of the Plan text is available for your inspection and copying at the Fund Office.

Introduction

The Trustees of the Steamfitters’ Industry Supplemental Retirement Fund (the "Fund") are proud to announce an additional means of providing for your retirement security and for certain hardships you may encounter prior to retirement. The Steamfitters’ Industry Supplemental Retirement Plan is a defined contribution plan under which employer contributions will accumulate in an individual account established in your name. The Plan permits you to design and direct an investment program for your account balance which will reflect your individual needs and investment perspective.

The important features of the Plan are described in this booklet, which you should read carefully and retain for future reference. However, this booklet is only a summary of the Plan’s principal provisions. While every effort has been made to insure that it is accurate, if there is any conflict between this document and the Plan text, the full text of the Plan is controlling. A copy of the full plan text is available upon request.

If you have any questions which are not answered by the material contained in this booklet, we encourage you to contact the Fund Office or any of the Trustees. If your question relates to investment options, you may also contact John Hancock at 1-800-294-3575. This new Fund will serve you best if you take an active part in understanding the Plan’s options and in managing your Plan account, and we encourage you to do so.

Supplemental Retirement Summary Plan Description