
3350 East Paris Ave. SE
Grand Rapids, MI 49512
p. 877.274.8796
f. 616.301.2149


The Trust Fund has been established by CSI and the Trustees as the funding medium of the Plan. Under the provisions of the Declaration of Trust, the Trustees shall receive contributions of the Participants and the Participating Employers to the Plan and shall hold, invest, and distribute the Trust Fund in accordance with the terms and conditions of the Plan and Declaration of Trust.
The Participating Employers intend that the Plan shall be a permanent plan for the exclusive benefit of their Employees and expect to contribute with the Participants to the Trust Fund the amounts which will provide in full the benefits payable under the Plan. Any Participating Employer may, however, elect to terminate its participation in the Plan at the end of any school year and shall have no further obligation to make contributions to the Trust Fund thereafter. Neither the Board of Directors, nor any Participating Employer, nor the Trustees shall be liable in any manner if the assets of the Trust Fund shall be insufficient to provide for the payment of the benefits specified in the Plan. Such benefits are to be payable only from the Trust Fund and only to the extent that the Trust Fund shall suffice for the purpose.
The Trust Fund shall be used for the exclusive benefit of Participants, their Spouses, or other Beneficiaries. No Participating Employer shall have any right, title, or interest in or to the contributions made to the Trust Fund, and no part of the assets of the Trust Fund shall ever revert to or be repaid to any Participating Employer. The provisions of this Section 10 shall not be construed to prevent the use of Trust Fund assets to pay the reasonable administrative expenses of the Plan.