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As required by ERISA sections 104 and 4065, 88 Stat. 847,
1032, and sections 6057(b) and 6058(a), after the close of each
plan year the administrator of each CBA Plan filed Annual Reports
(Forms 5500) and accompanying schedules with the IRS. On
Schedule B of Form 5500, each CBA Plan reported for its plan year
only those contributions paid under the applicable agreement for
units of service worked during that particular year. Only a
defined benefit plan subject to the minimum funding standards of
section 412 and ERISA section 302, 88 Stat. 869, is required to
file a Schedule B. One purpose of the completion of the Schedule
B is to demonstrate compliance or noncompliance with such minimum
funding standards. At all times during the relevant periods,
each CBA Plan satisfied the minimum funding requirements of
section 412 and ERISA section 302. Petitioner's subsidiaries'
monthly contributions to each CBA Plan were reported on Schedule
B for that plan year in which the related units of service of the
covered employees had been worked.
While nothing in the collective bargaining agreements
prohibited petitioner from contributing more than the amount
required, or contributing amounts in advance of the date that
such amounts became due, no provision explained how the plan
administrator should credit an advance contribution from an
employer. Generally, advance pension contributions were not made
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