2022-11-14T16:27:19-06:00 2021-12-31 PricewaterhouseCoopers LLP 300 Madison Avenue New York NY 10017 990 2021-01-01 363768068 MARS INC VOLUNTARY EMPLOYEES BENEFICIARY ASSOCIATION % MARS INCORPORATED MARS 9088521000 C/O MARS INVMTS 800 HIGH STREET HACKETTSTOWN NJ 07840 JASON NASKIEWICZ INVESTMENT MANAGER 9088521000 2022-11-10 true JASON NASKIEWICZ 999009999 ANNE PANCHERI P01494192 6464713000 2022-11-09 3 2021 2022-09-23 18:48:47Z X JASON NASKIEWICZ C/O MARS INVMTS 800 HIGH ST HACKETTSTOWN NJ 07840 10179798 false X N/A X 1999 IL PAYMENT OF HEALTH, WELFARE, AND LIFE BENEFITS FOR ITS MEMBERS. 1 1 0 0 5183734 4826003 0 0 10177318 0 8250030 5183734 0 0 18427348 5183734 0 0 21532679 462708 9320 -13645 0 0 0 3329070 3644621 24871069 4093684 -6443721 1090050 51070947 57633749 1038406 407236 50032541 57226513 PAYMENT OF HEALTH, WELFARE, AND LIFE BENEFITS FOR ITS MEMBERS. false false 0 0 0 PAYMENT OF HEALTH, WELFARE, AND LIFE BENEFITS FOR ITS MEMBERS. 0 false false false false false false false false false false true false false true false false true 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 false false X 1 1 false false false false true false false false false false false true false false false false false false X MARS INCORPORATED 9088521000 C/O MARS INVESTMENTS 800 HIGH STRE HACKETTSTOWN NJ 07840 THE NORTHERN TRUST COMPANY TRUSTEE 0.0 1.0 X 65380 0 0 65380 0 0 0 false false false XEROX HR SOLUTIONS LLP 101 WOODCREST ROAD CHERRY HILL NJ 08003 RECORD KEEPER 599072 AETNA INC 151 FARMINGTON AVE LINCOLNSHIRE CT 06156 PLAN ADMINISTRATOR 559569 PRICEWATERHOUSECOOPERS LLP 300 MADISON AVENUE NEW YORK NY 10017 ACCOUNTING FEES 162654 3 0 0 2738309 2738309 0 0 0 0 0 7441488 4996064 2445424 2445425 2445425 0 0 0 0 0 0 0 0 0 0 5183734 5183734 X 0 0 0 462708 -13645 0 0 0 0 0 0 0 163005 0 0 111651 1314062 0 0 0 0 0 0 0 0 0 0 0 943718 UBTI TAX EXPENSES 1112185 4093684 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 44810977 52382902 5191187 3980332 0 0 0 0 1068783 1270515 51070947 57633749 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1038406 407236 1038406 407236 X 50032541 57226513 0 0 0 0 50032541 57226513 51070947 57633749 X 1090050 5296661 807261 X false true X true false PARTNERSHIPS & VENTURE CAPITAL 3980332 F 3980332 0 ADMINISTRATIVE FEES PAYABLE 325832 DUE TO BROKER 16404 UNRELATED BUSINESS INCOME TAX PAYABLE 65000 407236 X SCHEDULE D, PART X, LINE 2 The Trust established under the Plan to hold the former Mars Plan's assets is intended to qualify as tax-exempt pursuant to Section 501(c)(9) of the IRC and accordingly, the Trust's net investment income is exempt from income taxes. The Trust has obtained a favorable tax determination letter dated December 9, 1988, that the Plan and related trust are designed in accordance with applicable sections of the Internal Revenue Code ("IRC") Further, the Wm. Wrigley Jr. Company Voluntary Employees' Beneficiary Association Trust ("Wrigley Trust"), holding the Wrigley Retiree Health and Life Plan assets, received an exemption letter from the Internal Revenue Service dated February 6, 1992, stating that the Wrigley Trust is tax-exempt under Section 501(c)(9) of the IRC as a Voluntary Employee Beneficiary Association. The Plan has been amended since receiving the determination letters. The plan administrator believes the Plan is designed and is currently being operated in compliance with applicable requirements of the IRC, and qualifies as tax exempt. Accordingly, income of the Plan is exempt from federal income taxes under the provisions of Section 501(a) of the IRC. Pursuant to certain provisions of the IRC and state tax statutes, a portion of the income generated by the Trust is subject to an unrelated business income tax ("UBIT"). The Trust is potentially subject to UBIT examinations by the IRS and by various U.S. states, 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 2018. Europe (Including Iceland and Greenland) 0 0 Investments 46003 Central America and the Caribbean 0 0 Investments 121637 0 0 0 0 167640 167640 true false true true true false FORM 990, PART VI - GOVERNANCE, MANAGEMENT DISCLOSURE GENERAL PART VI IS ANSWERED FROM THE PERSPECTIVE OF THE TAXPAYER'S TRUSTEE, NORTHERN TRUST. THE EMPLOYER, MARS INC., HAS IN PLACE A BENEFITS PLAN COMMITTEE WHICH HAS OVERSIGHT AND GOVERNING AUTHORITY WITH RESPECT TO ALL COMPLIANCE AND DECISION-MAKING MATTERS RELATED TO THIS TAXPAYER, A VEBA TRUST. FORM 990, PART VI, LINE 6 THE ORGANIZATION IS A VOLUNTARY EMPLOYEES BENEFICIARY ASSOCIATION AS DESCRIBED IN CODE SECTION 501(C)(9). AS SUCH, THE ORGANIZATION WAS CREATED AND IS MAINTAINED FOR THE PAYMENT OF ELIGIBLE CLAIMS INCURRED BY PARTICIPANTS IN THE EMPLOYEE BEENFIT PLAN THAT IS FUNDED, IN PART, BY THE TRUST THAT IS THE FILING ORGANIZATION. FORM 990, PART VI, LINES 8 AND 12-15 THIS ORGANIZATION IS A VOLUNTARY EMPLOYEE BENEFITS ASSOCIATION EXEMPT UNDER IRC SECTION 501(C)(9). ITS TRUSTEE IS A BANK THAT HAS A FIDUCIARY DUTY TO MANAGE INVESTMENTS IN THE INTEREST OF THE BENEFICIARIES. FORM 990, PART VI, LINE 11B PRIOR TO FILING, THE FORM 990 IS REVIEWED BY THE AMERICAS BENEFIT DIRECTOR AND AMERICAS INVESTMENT MANAGER OF THE PARENT COMPANY, MARS, INCORPORATED. FORM 990, PART VI, LINE 19 AS A 501(C)(9) ORGANIZATION, THE TRUST IS NOT REQUIRED TO MAKE ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. THE TRUST GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS PARTNERSHIP INVESTMENTS: 816,937 VENTURE CAPITAL/PARTNERSHIP CONTRIBUTIONS: (9,676) ------------ TOTAL $ 807,261 FORM 990, PART XII, LINE 2C THE U.S. BENEFIT PLANS COMMITTEE MEETS ANNUALLY TO REVIEW FINANCIAL STATEMENTS AND AUDIT RESULTS WITH THE INDEPENDENT ACCOUNTANTS OF THE PARENT COMPANY, MARS, INCORPORATED. FORM 990 PART IX LINE 11G DESCRIPTION:OTHER SERVICE FEES TOTAL FEES:1314062 MARS INCORPORATED 6885 ELM STREET MCLEAN VA 22101 221594774 FOOD & CANDY DE NA C CORP false false false false false false false false false false false false false false false true false false false MARS INCORPORATED P 123737 COST SCHEDULE R, PART V, LINE 2 CONSISTENT WITH PROHIBITED TRANSACTION EXEMPTION 80-26, MARS TRUST-BILLS THE VEBA WITHIN 60 DAYS TO OBTAIN REIMBURSEMENT FOR PLAN ADMINISTRATION EXPENSES PAID BY THE COMPANY ON BEHALF OF THE RETIREE MEDICAL AND LIFE PLAN.