2012-11-15T15:12:34-06:00 2011-12-31 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2011-01-01 411414203 3M EMPLOYEES' BENEFITS TRUST ASSOCIATION 3MEM 6517368146 3M CENTER BUILDING 224-5N-40 ST PAUL MN 55144 JANICE ANGELL 6517368146 2012-11-14 1 XIAOYAN LUO P01305207 6123764500 2011 2016-02-24 21:20:13Z JANICE ANGELL 3M CENTER BUILDING 224-5N-40 ST PAUL MN 55144 20820201 0 X N/A X 1981 MA FINANCE THE COST OF LIFE AND SURVIVOR INSURANCE ARRANGEMENTS TO CURRENT 3M EMPLOYEES 10 10 0 11 0 0 0 0 16304094 17513048 2454191 1258916 0 0 18758285 18771964 0 0 18219690 14859359 789 1730 0 0 0 325697 197436 18546176 15058525 212109 3713439 32882519 34802121 1865838 41298 31016681 34760823 N/A 0 0 FINANCE THE COST OF LIFE AND SURVIVOR INSURANCE ARRANGEMENTS TO CURRENT 3M EMPLOYEES. 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 X H W GJERSDAL 6517336099 3M CENTER BUILDING 224-5N-40 ST PAUL MN 55144 JANICE K ANGELL 1.00 X X 0 0 0 JACK ARLAND 1.00 X X 0 0 0 DAVID J OVERSTREET 1.00 X X 0 0 0 JOAN ABARBANEL 1.00 X 0 0 0 JON KIRCHOFF 1.00 X 0 0 0 KAREN MARKOWSKI 1.00 X 0 0 0 KAREN MARTODAM 1.00 X 0 0 0 LYNNE MCNUTT 1.00 X 0 0 0 MARK RUBBERT 1.00 X 0 0 0 THE BANK OF NEW YORK MELLON 1.00 X 1730 0 0 JULIE NIELSEN 1.00 X 0 0 0 1730 0 0 0 0 0 0 MERCER 333 S SEVENTH ST 1600 MINNEAPOLIS MN 55402 BENEFITS ENROLLMENT AND RECORDKEEPING 159449 1 MEMBER CONTRIBUTIONS 900099 17513048 17513048 17513048 1207153 1207153 2100000 2048237 51763 51763 51763 18771964 17513048 0 1258916 14859359 1730 12440 184996 15058525 113 32882406 31479505 0 3322616 32882519 34802121 1865838 41298 1865838 41298 X 0 0 0 0 31016681 34760823 31016681 34760823 32882519 34802121 X 3713439 30703 X 0 1 1 X 0 0 DUE FROM INSURANCE COMPANY 3322616 3322616 18771964 15058525 3713439 30703 30703 3744142 18802667 30703 30703 18771964 0 18771964 15058525 0 15058525 0 15058525 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE TRUST FUNDING THE PLAN HAS RECEIVED AN EXEMPTION LETTER FROM THE INTERNAL REVENUE SERVICE DATED JUNE 30, 1983, STATING THAT THE TRUST, AS DESIGNED, WAS TAX-EXEMPT UNDER THE PROVISIONS OF SECTION 501(C)(9) OF THE INTERNAL REVENUE CODE (THE CODE) AS A VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION. THE PLAN AND TRUST ARE REQUIRED TO OPERATE IN CONFORMITY WITH THE CODE TO MAINTAIN THE TAX-EXEMPT STATUS OF THE TRUST. SUBSEQUENT AMENDMENTS ARE STRUCTURED TO, AND ARE INTENDED TO, MAINTAIN THE QUALIFIED STATUS OF THE TRUST. THE PLAN ADMINISTRATOR BELIEVES THE PLAN IS CURRENTLY DESIGNED AND BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE CODE AND, THEREFORE, BELIEVES THE RELATED TRUST IS TAX EXEMPT. THEREFORE NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THE PLAN'S FINANCIAL STATEMENTS. 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 THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS BY THE PLAN, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2011, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE PLAN ADMINISTRATOR BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2008. FORM 990, PART VI, SECTION A, LINE 8B THE TRUST IS NOT REQUIRED TO HOLD MEETINGS. THEREFORE, THE TRUST DID NOT PREPARE ANY CONTEMPORANEOUS DOCUMENTION. FORM 990, PART VI, SECTION B, LINE 11 THE RETURN IS REVIEWED BY INDIVIDUALS WITHIN THE 3M COMPANY TAX DEPARTMENT PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTATION AND FINANCIAL STATEMENTS ARE NOT LEGALLY REQUIRED TO BE DISCLOSED TO THE PUBLIC AND THEREFORE ARE NOT MADE AVAILABLE. THE TRUST DOES NOT HAVE A CONFLICT OF INTEREST POLICY. ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 30,703. 3M EMPLOYEES BENEFITS ASSOCIATION 3M CENTER BUILDING 224-5N-40 ST PAUL MN 55144 FINANCE BENEFITS TO MEMBERS OF THE CORPORATION MN 501(C)(9) N/A N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0