2024-11-12T11:23:51-06:00 2023-12-31 WITHUMSMITHBROWNPC 4600 EAST WEST HWY 900 BETHESDA MD 208143423 990 2023-01-01 521118310 The Railroad Employees National Health & Welfare Plan % THE PLAN RAIL 5713367600 251 - 18TH STREET SOUTH Suite 750 ARLINGTON VA 22202 JEFF RODGERS ARTHUR MARATEA CO-CHAIRS 5713367600 2024-11-11 true true RICHARD RUVELSON P00234075 3012726000 2023 2024-10-15 13:58:12Z JEFF RODGERS ARTHUR MARATEA 251 - 18TH STREET SOUTH 750 ARLINGTON VA 22202 1620036122 false X N/A X 1955 VA TO PROVIDE EMPLOYEE WELFARE BENEFITS PURSUANT TO COLLECTIVE BARGAINING AGREEMENTS. 2 2 0 0 0 0 0 0 1474975050 1614159839 1269918 5016229 515380 860054 1476760348 1620036122 0 0 1420501902 1454157751 0 0 0 0 0 69280905 71076863 1489782807 1525234614 -13022459 94801508 351351832 446563103 2569321 2979084 348782511 443584019 TO PROVIDE EMPLOYEE WELFARE BENEFITS PURSUANT TO COLLECTIVE BARGAINING AGREEMENTS. false false PROVIDES HEALTH AND RELATED BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR BENEFICIARIES. false false false false false false false false false false false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false true false false true 0 0 0 false false false false false false false false X 2 2 false true false false false false false false false false false true false false false false false false X THE PLAN 5713367600 251 - 18TH STREET SOUTH SUITE 750 ARLINGTON VA 22202 X X BRENDAN BRANON Chairman - NCCC 2.0 0.0 X 0 0 0 Arthur P Maratea CHAIRMAN - CRLO 2.0 0.0 X 0 0 0 JOHN SAMUELSEN Comm Mbr - CRLO 1.0 0.0 X 0 0 0 Rob KAROV Comm Mbr-NCCC 1/1 TO 10/19/23 1.0 39.0 X 0 0 0 Leo McCann Comm Mbr-CRLO 1/1/ TO 10/17/23 1.0 0.0 X 0 0 0 John Mansker Comm Mbr - CRLO 1.0 0.0 X 0 0 0 Thomas Sullivan comm mbr - nCCC 1.0 39.0 X 0 0 0 John Feltz Comm Mbr - CRLO 1.0 0.0 X 0 0 0 JEREMY R FERGUSON COMM Mbr - CRLO 1.0 0.0 X 0 0 0 JEFF WALL COMM MBR - NCCC 1.0 39.0 X 0 0 0 Al Russo Jr Comm Mbr - CRLO 1.0 0.0 X 0 0 0 Dean Devita Comm Mbr - CRLO 1.0 0.0 X 0 0 0 Jacob McCahill Comm mbr-nCCC 1/1 TO 4/14/23 1.0 39.0 X 0 0 0 Michael S Baldwin Comm Mbr - CRLO 1.0 0.0 X 0 0 0 TONY CARDWELL COMM MBR - CRLO 1.0 0.0 X 0 0 0 JOSH T HARTFORD COMM MBR - CRLO 1.0 0.0 X 0 0 0 KYLE K LOOS COMM MBR - CRLO 1/1 TO 9/30/23 1.0 0.0 X 0 0 0 MAQUILING PARKERSON COMM MBR - NCCC 1.0 39.0 X 0 0 0 WAI WONG COMM MBR - NCCC 1.0 39.0 X 0 0 0 SAM MACEDONIO COMM MBR-NCCC10/19 TO 12/31/23 1.0 39.0 X 0 0 0 JOE FRALEY COMM MBR - CRLO 1.0 0.0 X 0 0 0 EDWARD HALL COMM MBR - CRLO 1.0 0.0 X 0 0 0 EDWARD DOWELL COMM MBR-CRLO10/18 TO 12/31/23 1.0 0.0 X 0 0 0 ANDREW SANDBERG COMM MBR-CRLO 10/1 TO 12/31/23 1.0 0.0 X 0 0 0 0 0 0 0 false false false UNITEDHEALTHCARE 185 Asylum Street HARTFORD CT 06103 Contr Administr 48213861 Highmark 120 Fifth Avenue PITTSBURGH PA 152223099 Contr Administr 10201621 Aetna Inc 151 Farmington Avenue HARTFORD CT 06186 Contr Administr 5913292 Express Scripts Inc 400 Parsons Pond Drive FRANKLIN LAKES NJ 07417 Prescription Be 3342967 TELADOC Health INC 1945 Lakepointe Drive Suite 100 LEWISVILLE TX 75057 BENEFIT CARE SO 1386232 9 0 RR CONTRIBUTIONS 900099 1363298005 1363298005 PARTICIPANT CONTRIBUTIONS 900099 249202224 249202224 COBRA CONTRIBUTIONS 900099 1622243 1622243 RETIREE DRUG SUBS PRGM 900099 37367 37367 1614159839 5016229 5016229 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 OTHER 900099 860054 860054 860054 1620036122 1615019893 5016229 0 0 0 1454157751 0 0 0 0 0 0 0 0 448013 0 0 155378 132777 0 0 0 0 0 0 0 0 0 0 0 86709 ADMINISTRATION 69784213 PCORI FEE 469773 1525234614 3000000 1500000 34658981 132148614 0 0 296928747 293419977 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 16764104 19494512 351351832 446563103 2434953 2899117 0 0 0 0 0 0 0 0 0 0 0 0 0 0 134368 79967 2569321 2979084 X 0 0 0 0 348782511 443584019 348782511 443584019 351351832 446563103 94801508 X false true X true false 0 PREPAID COBRA CONTRIBUTIONS 79967 79967 X 1619880744 1619880744 155378 155378 1620036122 1525079236 1525079236 155378 155378 1525234614 Part X, Line 2: THE TRUST ESTABLISHED UNDER THE PLAN TO HOLD THE PLAN'S ASSETS RECEIVED AN EXEMPTION LETTER FROM THE IRS STATING THAT THE TRUST IS TAX-EXEMPT UNDER THE PROVISIONS OF SECTION 501(C)9 OF THE IRC. HOWEVER, AS A RESULT OF THE PLAN'S FUNDING POLICY, FROM TIME TO TIME THE TRUST MAY BE SUBJECT TO INCOME TAXES. NO FEDERAL OR STATE INCOME TAXES HAVE BEEN RECORDED IN 2023 FOR UNRELATED BUSINESS INCOME. IN ADDITION, THE PLAN AND THE TRUST ARE REQUIRED TO OPERATE IN CONFORMITY WITH THE IRC TO MAINTAIN THE TAX-EXEMPT STATUS OF THE TRUST. THE PLAN ADMINISTRATOR BELIEVES THAT THE PLAN IS BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC AND, THEREFORE, BELIEVES THAT THE RELATED TRUST IS TAX-EXEMPT. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF IT HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. FORM 990, PART 1, LINE 22 NET ASSETS IN ACCORDANCE WITH THE INSTRUCTIONS FOR COMPLETING THE FEDERAL FROM 990, THE FOLLOWING CLAIMS RELATED OBLIGATIONS HAVE NOT BEEN REPORTED IN THE FORM 990 FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. 2023 2022 HEALTH CLAIMS PAYABLE $51,850,796 $48,532,042 INSURANCE PREMIUMS PAYABLE 1,673 800 CLAIMS INCURRED BUT NOT REPORTED 119,842,765 116,406,959 ACCUMULATED ELIGIBILITY CREDIT AND EXTENDED BENEFIT COVERAGE 184,882,614 182,552,196 $356,577,848 $347,491,997 POSTRETIREMENT BENEFIT OBLIGATIONS 104,571,554 103,107,472 TOTAL PLAN BENEFIT OBLIGATIONS $461,149,402 $450,599,469 FORM 990, PART VI, SECTION A, LINE 3: CLAIMS PROCESSING AND ADMINISTRATION DUTIES HAVE BEEN DELEGATED TO THIRD PARTY ADMINISTRATORS. IN ADDITION, ONE THIRD PARTY ADMINISTRATOR ACTS AS THE CENTRAL ADMINISTRATOR WHOSE DUTIES INCLUDE ADMINISTRATIVE SERVICES RELATING TO THE MAINTENANCE AND PREPARATION OF THE PLAN'S FINANCIAL RECORDS (INCLUDES RECEIVING AND COMPILING INFORMATION FROM ALL OTHER THIRD PARTY ADMINISTRATORS) AND THE DETERMINATION AND MAINTENANCE OF EMPLOYEE ELIGIBILITY (INCLUDES RECEIVING WORK HISTORY REPORTING FROM THE PARTICIPATING RAILROADS, DETERMINING EMPLOYEE ELIGIBILTY, AND DISTRIBUTION OF ELIGIBILITY INFORMATION TO ALL OTHER THRID PARTY ADMINISTRATORS). FORM 990, PART VI, SECTION A, LINE 8A: GENERALLY SPEAKING, ACTIONS TAKEN BY THE GOVERNING BODY ARE CONTEMPORANEOUSLY DOCUMENTED. HOWEVER, FROM TIME TO TIME, THERE MAY BE ACTIONS TAKEN BY THE GOVERNING BODY THROUGH INFORMAL CONCURRENCE THAT IS NOT CONTEMPORANEOUSLY DOCUMENTED. FORM 990, PART VI, SECTION A, LINE 8B: GENERALLY SPEAKING, ACTIONS TAKEN BY THE GOVERNING BODY ARE CONTEMPORANEOUSLY DOCUMENTED. HOWEVER, FROM TIME TO TIME, THERE MAY BE ACTIONS TAKEN BY THE GOVERNING BODY THROUGH INFORMAL CONCURRENCE THAT IS NOT CONTEMPORANEOUSLY DOCUMENTED. FORM 990, PART VI, SECTION B, LINE 11B: THE 990 IS COMPILED BY THE PLAN'S ADMINSTRATOR AND DRAFT COPIES ARE PROVIDED TO A REPRESENTATIVE OF THE PLAN. THE PLAN REPRESENTATIVE COMPARES ALL FINANCIAL INFORMATION CONTAINED IN THE 990 TO THE PLAN'S AUDITED FINANCIAL STATEMENTS TO ENSURE AMOUNTS ARE CONSISTENT AND IN AGREEMENT. ALL NON-FINANCIAL INFORMATION CONTAINED WITHIN THE 990 IS ALSO REVIEWED FOR ACCURACY. ALL QUESTIONS AND/OR CONCERNS ARE DISCUSSED WITH THE AUDITOR. ONCE ALL QUESTIONS ARE REMEDIED, THE PLAN REPRESENTATIVE DISTRIBUTES COPIES OF THE 990 TO THE VOTING MEMBER OF THE NCCC AND HEALTH & WELFARE COMMITTEE CRLO. AMOUNTS ARE REVIEWED AND ANY RECOMMENDATIONS, ADJUSTMENTS OR CHANGES ARE DISCUSSED WITH THE PLAN REPRESENTATIVE AND PLAN AUDITOR. ALL APPROPRIATE CHANGES ARE MADE TO THE 990 AND THE FINAL DOCUMENT IS REVIEWED AND SIGNED BY THE VOTING MEMBER OF BOTH GOVERNING COMMITTEES. FORM 990, PART VI, SECTION B, LINES 12-14 ALTHOUGH NO WRITTEN CONFLICT OF INTEREST, WHISTLEBLOWER, OR DOCUMENT RETENTION AND DESTRUCTION POLICIES HAVE BEEN IMPLEMENTED FOR THE GOVERNING COMMITTEES OF THE PLAN, THE ORGANIZATIONS THAT HAVE BEEN DELEGATED MANAGEMENT DUTIES CUSTOMARILY PERFORMED BY OR UNDER THE DIRECT SUPERVISION OF OFFICERS, DIRECTORS, OR TRUSTEES HAVE SUCH POLICIES IN PLACE. FORM 990, PART VI, SECTION B, LINES 15A AND 15B: NO DIRECTORS ARE COMPENSATED BY THE PLAN, THEREFORE, THERE IS NO APPROVAL PROCESS FOR APPROVING DIRECTORS COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19: NO DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART VII, SECTION A: OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES. THE PLAN IS MANAGED BY THE JOINT PLAN COMMITTEE (JPC) WHICH CONSISTS OF THE NATIONAL CARRIERS' CONFERENCE COMMITTEE AND THE HEALTH AND WELFARE COMMITTEE OF THE COOPERATING RAILWAY LABOR ORGANIZATIONS. THE JPC IS THE PLAN SPONSOR AND THE PLAN ADMINISTRATOR AND THE COMMITTEES ARE LOCATED AT: NATIONAL CARRIERS' CONFERENCE COMMITTEE 251 - 18TH STREET, SOUTH SUITE 750 ARLINGTON, VA 22202 AND HEALTH AND WELFARE COMMITTEE COOPERATING RAILWAY LABOR ORGANIZATIONS 3 RESEARCH PLACE ROCKVILLE, MD 20850 THE COMMITTEE MEMBERS RECEIVE NO COMPENSATION FROM THE PLAN FOR THEIR SERVICES. EACH COMMITTEE HAS MULTIPLE MEMBERS, BUT EACH COMMITTEE HAS A SINGLE VOTE. FORM 990, PART IX: STATEMENT OF FUNCTIONAL EXPENSES HEALTH CLAIMS $1,133,553,609 PRESCRIPTION DRUG CLAIMS 311,819,996 INSURANCE PREMIUMS 8,784,146 TOTAL $1,454,157,751 Joint Plan Committee 251 - 18th St South Ste 750 Arlington VA 22202 800616625 Plan Sponsor VA 501(C)9 NA false ALTON & SOUTHERN RAILROAD CONTR EMPLOYER NA false THE BELT RAILWAY CO OF CHICAGO CONTR EMPLOYER NA false PORTLAND TERMINAL RAILROAD COMPANY CONTR EMPLOYER NA false IDAHO & SEDALIA TRANSPORTATION CO LLC CONTR EMPLOYER NA false ESCANABA & LAKE SUPERIOR RAILROAD CO CONTR EMPLOYER NA false NEW ORLEANS PUBLIC BELT RAILROAD CONTR EMPLOYER NA false PROVIDENCE & WORCHESTER RAILROAD CO CONTR EMPLOYER NA false CENTRAL CALIFORNIA TRACTION CO CONTR EMPLOYER NA false THE COLORADO & WYOMING RAILWAY CONTR EMPLOYER NA false DELAWARE & HUDSON RAILROAD CONTR EMPLOYER NA false GARY RAILWAY CONTR EMPLOYER NA false TERMINAL RAILWAY ALABAMA STATE DOCKS CONTR EMPLOYER NA false INDIANA HARBOR BELT CONTR EMPLOYER NA false ILLINIOS CENTRAL RAILROAD CONTR EMPLOYER NA false KANSAS CITY SOUTHERN RAILWAY CO CONTR EMPLOYER NA false UNION RAILROAD COMPANY CONTR EMPLOYER NA false SOO LINE RAILROAD COMPANY CONTR EMPLOYER NA false PORT TERMINAL RAILROAD ASSOC CONTR EMPLOYER NA false MISSISSIPPI EXPORT RAILROAD CO CONTR EMPLOYER NA false IOWA INTERSTATE RAILROAD LTD CONTR EMPLOYER NA false CSX TRANSPORTATION CONTR EMPLOYER NA false TERMINAL RAILROAD ASSOC OF ST LOUIS CONTR EMPLOYER NA false KOPPERS COMPANY INC-FOREST PRODUCTS DIV CONTR EMPLOYER NA false SPRINGFIELD TERMINAL RAILWAY CO CONTR EMPLOYER NA false STOCKTON TERMINAL & EASTERN RAILROAD CONTR EMPLOYER NA false BURLINGTON NORTHERN INC CONTR EMPLOYER NA false THE TEXAS MEXICAN RAILWAY CO CONTR EMPLOYER NA false UNION PACIFIC RAILROAD CO CONTR EMPLOYER NA false CHICAGO SOUTH SHORE&SOUTH BEND RAILROAD CONTR EMPLOYER NA false WICHITA TERMINAL ASSOCIATION CONTR EMPLOYER NA false NORTHEAST ILLINOIS RAILROAD COPRORATION CONTR EMPLOYER NA false NORFOLK SOUTHERN CORPORATION CONTR EMPLOYER NA false NORTHERN INDIANA COMMUTER TRANS DISTRICT CONTR EMPLOYER NA false GREAT WESTERN RAILWAY OF COLORADO CONTR EMPLOYER NA false CANTON RAILROAD CO CONTR EMPLOYER NA false LOUISIANA & NORTHWEST RAILROADS CO CONTR EMPLOYER NA false LOS ANGELES JUNCTION CONTR EMPLOYER NA false HERZOG TRANSIT SERVICES INC CONTR EMPLOYER NA false KANSAS CITY TERMINAL RAILWAY CO CONTR EMPLOYER NA false SOUTH CAROLINA PUBLIC RAILWAY CONTR EMPLOYER NA false CONSOLIDATED RAILWAY CORP CONTR EMPLOYER NA false PITTSBURG & SHAWMUT CONTR EMPLOYER NA false false false false false false false false false false false false false false false false false false false false