2017-11-15T12:50:24-06:00 2016-12-31 ERNST & YOUNG US LLP 2100 ONE PPG PLACE PITTSBURGH PA 15222 990 2016-01-01 043220614 Eversource Retirees Benefit Trust % THE BANK OF NEW YORK MELLON EVER 4122367175 C/O THE BNYM PO BOX 535007 PITTSBURGH PA 152535007 BRENT HEINTZELMAN VP, BNYM, AS TRUSTEE 4122367175 2017-11-15 true STEPHANIE LEW P01080011 4126447800 164.57.159.253 35057220173195000026 2017-11-15 P 582F47EFACDD6166E52205D1FBFEA2601660FA18 C0D8C5AAA40E33188D67D924048345967BDA0662 2016 2021-01-29 14:40:06Z X THE BANK OF NEW YORK MELLON PO BOX 535007 PITTSBURGH PA 152535007 82274833 false X N/A X 1993 MA DISTRIBUTION OF PAYMENTS TO CARRIERS AND SIMILAR ORGANIZATIONS FOR PROVISION OF BENEFITS TO ORGANIZATIONS AND INDIVIDUALS PROVIDING WELFARE BENEFITS TO PARTICIPANTS. 1 0 0 0 616133 250693 0 0 16648555 13650409 31664949 13595767 343374 3789961 48656878 31036137 0 0 43102103 40220907 129761 157646 0 0 0 684855 1259422 43916719 41637975 4740159 -10601838 537060372 546154668 801365 1570473 536259007 544584195 DISTRIBUTION OF PAYMENTS TO CARRIERS AND SIMILAR ORGANIZATIONS FOR PROVISION OF BENEFITS TO ORGANIZATIONS AND INDIVIDUALS PROVIDING WELFARE BENEFITS TO PARTICIPANTS. false false BENEFITS PAID TO MEMBERS false false false false false false false false false false true false false true false false false false false true 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 true true false false false false false X 1 0 false false false false false false false false false false false true false false false false false false X THE BANK OF NEW YORK MELLON 4122367175 PO BOX 535007 PITTSBURGH PA 152535007 X THE BANK OF NEW YORK MELLON TRUSTEE (SEE SCHEDULE O) 0.0 0.0 X 157646 0 0 157646 0 0 1 false false false EARNEST PARTNERS 1180 PEACHTREET ST NE STE 2300 ATLANTA GA 30309 INVESTMENT MGMT 223983 1 X 0 EMPLOYER CONTRIBUTIONS 525100 13650409 13650409 13650409 3491874 3491874 0 0 0 0 0 61342589 51238696 10103893 10103893 10103893 0 0 0 0 0 0 0 0 0 PARTNERSHIP INCOME 900099 3752873 616133 3136740 OTHER INCOME 900099 19330 19330 ACCRETION 900099 17758 17758 3789961 31036137 13650409 616133 16769595 0 0 0 40220907 157646 0 0 0 0 0 0 187 0 0 0 671725 0 0 0 0 0 0 0 0 0 0 0 0 0 MISCELLANEOUS 573671 0 0 0 TAXES WITHHELD FROM LP DIST 7982 0 0 0 COMMISSION FUTURE CONTRACTS 5857 0 0 0 41637975 0 0 0 0 1859559 21068842 32874771 0 0 417433 358069 0 0 0 0 0 0 0 0 0 0 0 0 515574097 49316464 0 461745805 0 0 0 0 0 0 537060372 546154668 801365 1161 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1569312 801365 1570473 X 0 0 0 0 536259007 544584195 536259007 544584195 537060372 546154668 X -10601838 22800343 -3873317 X X false false false PRIVATE EQUITY 182856634 F EQUITY 168268159 F ALTERNATIVE INVESTMENTS 84976234 F REAL ESTATE 19053713 F NATURAL RESOURCES 6648290 F FUTURES CONTRACT -57225 F 461745805 0 SHORT SALES 1098167 WRITTEN OPTIONS 471138 FOREIGN CURRENCY FLUCTUATIONS 7 1569312 Central America and the Caribbean 0 0 Investments 90493775 Europe (Including Iceland and Greenland) 0 0 Investments 24763459 0 0 0 0 115257234 115257234 true false true true true false FORM 990, PART VI, SECTION A, LINES 1A & B THE BANK OF NEW YORK MELLON SERVES AS SOLE DIRECTED TRUSTEE OF THIS TRUST. THE PLAN SPONSOR IS EVERSOURCE ENERGY SERVICES. THE TRUST IS ADMINISTERED BY THE INVESTMENT COMMITTEE OF THE PLAN SPONSOR IN ACCORDANCE WITH THE TERMS OF THE TRUST AGREEMENT. AS SUCH THE VEBA DOES NOT HAVE A GOVERNING BODY THAT EXERCISES DISCRETION. FORM 990, PART VI, SECTIONS A & B, LINES 8, 12-15 THESE QUESTIONS ARE NOT APPLICABLE TO THIS TRUST. ADDITIONALLY, IT DOES NOT HAVE ANY EMPLOYEES, THEREFORE, NO PROCESSES RELATED TO EMPLOYEE COMPENSATION ARE IN PLACE. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE ELECTRONIC COPY OF THE ORGANIZATION'S FORM 990 WAS PROVIDED TO THE TRUSTEE FOR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 AS A 501(C)(9) ORGANIZATION THE TRUST IS NOT REQUIRED TO MAKE THE DOCUMENTS REFERENCED IN QUESTION 19 AVAILABLE TO THE GENERAL PUBLIC. FORM 990, PART VII, SECTION A, LINE 1A, COLUMN (B) AVERAGE HOURS PER WEEK DEVOTED TO POSITION: AS TRUSTEE, THE BANK OF NEW YORK MELLON PROVIDES ADMINISTRATIVE SERVICES SUCH AS ACTING AS INVESTMENT MANAGER FOR EVERSOURCE RETIREES BENEFIT TRUST. THESE SERVICES REQUIRE NUMEROUS INDIVIDUAL BANK EMPLOYEES' INVOLVEMENT IN THE ACTIVITIES OF THE ORGANIZATION AND THUS CANNOT BE QUANTIFIED ON AN HOURLY BASIS. THEREFORE, THE TRUSTEE FEES ARE NOT BASED UPON AN HOURLY BASIS, BUT ARE CALCULATED BASED UPON FACTORS SUCH AS THE MARKET VALUE OF THE ACCOUNT AND IN ACCORDANCE WITH THE BANK OF NEW YORK MELLON'S AGREEMENT WITH EVERSOURCE ENERGY SERVICES. FORM 990, PART XI, LINE 9 ADJUSTMENT TO BEGINNING CAPITAL BALANCE $(3,873,317) FORM 990, PART XII, LINE 1 EVERSOURCE RETIREES BENEFIT TRUST HAS NOTED THAT ITS BOOKS AND RECORDS ARE REPORTED ON THE "MODIFIED CASH" BASIS WHICH IS A MORE ACCURATE DESCRIPTION OF THE ACCOUNTING METHOD USED BY EVERSOURCE RETIREES BENEFIT TRUST AND IS IN COMPLIANCE WITH REG. 1445-1(C)(IV). THOUGH THIS DESCRIPTION IS DIFFERENT FROM THE PRIOR YEAR, THERE HAS BEEN NO CHANGE IN THE ACCOUNTING METHOD AND IT IS IN CONFORMITY WITH THE METHOD USED FOR ITS BOOK. EVERSOURCE RETIREES BENEFIT TRUST BELIEVES THAT THIS METHOD CLEARLY REFLECTS INCOME AND IS CONSISTENTLY USED. EVERSOURCE ENERGY SERVICES ONE CORPORATE CENTER FLOOR 11 HARTFORD CT 061033220 060989432 ENERGY SERVICES CT NA C CORP false false false false false false false false false false false false false false false false false false false true