2022-11-02T09:37:52-05:00 2021-12-31 WITHUMSMITHBROWNPC 4600 EAST WEST HWY 900 BETHESDA MD 208143423 990 2021-01-01 371542425 HEALTH AND WELFARE BENEFITS TRUST FOR CERTAIN RETIRED EMPLOYEES OF KUCC % CDS ADMINISTRATORS INC HEAL 8669519403 60 BLVD OF THE ALLIES 5TH FL PITTSBURGH PA 15222 DAVID KINS CO-CHAIRMAN 4122012041 2021-10-20 true DAVID KINS 999009999 RICHARD RUVELSON P00234075 3012726000 2020-10-20 3 2021 2022-09-23 18:48:47Z DAVID KINS 60 BLVD OF THE ALLIES 5TH FL PITTSBURGH PA 15222 6339808 false X N/A X 2006 UT TO PROVIDE MEDICAL & RX DRUG BENEFITS TO ELIGIBLE RETIREES OF KENNECOTT UTAH COPPER LLC AND THEIR ELIGIBLE SPOUSES AND DEPENDENTS COVERED UNDER A COLLECTIVE BARGAINING AGREEMENT 6 6 0 0 0 0 0 0 2965234 2816250 1197349 1134687 0 0 4162583 3950937 0 0 3164713 3193048 0 0 0 0 0 143856 148962 3308569 3342010 854014 608927 26291574 27835327 4051 10330 26287523 27824997 TO PROVIDE MEDICAL AND PRESCRIPTION DRUG BENEFITS TO ELIGIBLE RETIREES OF KENNECOTT UTAH COPPER LLC AND THEIR ELIGIBLE SPOUSES AND DEPENDENTS, AS PROVIDED UNDER PROVISIONS OF THE TRUST, AS COVERED UNDER A COLLECTIVE BARGAINING AGREEMENT. false false PROVISION OF MEDICAL AND PRESCRIPTION DRUG BENEFITS TO RETIREES OF KENNECOTT UTAH COPPER LLC AND THEIR ELIGIBLE SPOUSES AND DEPENDENTS. false false false false false false false false false false false false false false 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 3 0 true 0 false false false false false false false false X 6 6 false false false false false true false true false false false true true true true true true false false false X CDS ADMINISTRATORS INC 4122012242 60 BLVD OF THE ALLIES 5TH FL PITTSBURGH PA 15222 X MARK GOODWIN CO-CHAIRMAN 1.0 0.0 X 0 0 0 WAYNE HOLLAND TRUSTEE 1.0 0.0 X 0 0 0 KATHERINE G HORIGAN TRUSTEE 1.0 0.0 X 0 0 0 DAVID KINS TRUSTEE 1.0 0.0 X 0 0 0 CHRISTOPHER SEPP TRUSTEE 1.0 0.0 X 0 0 0 ADAM TANNER TRUSTEE 1.0 0.0 X 0 0 0 0 0 0 0 false false false 0 0 EMPLOYER CONTRIBUTIONS 525100 2083772 2083772 PARTICIPANTS CONTRIBUTIONS 525100 732478 732478 2816250 583558 583558 0 0 0 0 0 2940000 2388871 551129 551129 551129 0 0 0 0 0 0 0 0 0 0 3950937 2816250 1134687 0 0 0 3193048 0 0 0 0 0 0 0 6221 20500 0 0 25982 26000 0 4680 0 0 0 0 0 0 0 0 0 22084 ADMINISTRATIVE EXPENSE 43297 OTHER FEES 198 3342010 159645 356528 0 0 0 0 534641 508645 0 0 0 0 0 0 0 0 15234 15204 0 0 25582054 26954950 0 0 0 0 0 0 0 0 26291574 27835327 4051 10330 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4051 10330 X 0 0 0 0 26287523 27824997 26287523 27824997 26291574 27835327 X 608927 928547 X false true X true false 0 0 X 4879484 928547 928547 3950937 3950937 3342010 3342010 3342010 PART X, LINE 2 - FIN 48 FOOTNOTE: Accounting principles generally accepted in the United States of America require management of the Plan to evaluate tax positions taken and recognize a tax liability if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Board has evaluated the tax positions taken by the trust and concluded that as of December 31, 2021 and 2020 there are no uncertain positions taken or expected to be taken that would require recognition 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. In addition, there have been no tax related interest or penalties for the periods presented in these financial statements. PART VI, SECTION A, LINE 7A-COMPOSITION OF THE BOARD OF TRUSTEES: THE BOARD SHALL BE COMPRISED OF SIX INDIVIDUALS, THREE TRUSTEES OF WHOM WILL BE APPOINTED BY KENNECOTT UTAH COOPER LLC AND THREE TRUSTEES OF WHOM WILL BE APPOINTED BY THE COLLECTIVE UNIONS WHOSE RETIREES ARE COVERED UNDER THE TRUST. PART VI, SECTION A, LINE 8B - OTHER COMMITTEES WITH AUTHORITY: NO OTHER COMMITTEES EXIST. PART VI, SECTION B, LINE 11B - REVIEW PROCESS OF FORM 990: THE FORM 990 IS PREPARED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM ("CPA FIRM"), ENGAGED BY THE BOARD OF TRUSTEES, WHO PROVIDE A DRAFT COPY OF THE RETURN TO THE BOARD FOR THEIR REVIEW AND COMMENT. UPON COMPLETION OF THE BOARDS REVIEW, ANY COMMENTS OR QUESTIONS ARE SENT TO THE CPA FIRM FOR DISCUSSION AND REVISION TO THE RETURN AS APPLICABLE. A FINAL COPY OF THE FORM 990 IS THEN FORWARDED TO THE BOARD OF TRUSTEES FOR THEIR FINAL APPROVAL AND AUTHORIZATION TO FILE. PART VI, SECTION B , LINE 12C - CONFLICT OF INTEREST POLICY: ON A PERIODIC BASIS, THE TRUSTEES REVIEW THE POLICY REQUIREMENTS AND DISCUSS ANY QUESTIONS AND/OR ISSUES WITH LEGAL COUNSEL THAT ARISE DURING THEIR REVIEW FOR POSSIBLE FURTHER INQUIRY. PART VI, SECTION C, LINE 19-AVAILABILITY OF GOVERNING DOCUMENTS: THE GOVERNING DOCUMENTS, POLICIES AND OTHER MEMORANDA ARE AVAILABLE UPON REQUEST FROM ANY MEMBER OF THE BOARD OR BY REQUEST FROM THE VEBA'S ADMINISTRATION OFFICE. BD OF TTEES OF THE H&W TRUST FOR KUCC 60 BLVD OF THE ALLIES 5Th FL PITTSBURGH PA 15222 PLAN SPONSOR PA false KENNECOTT UTAH COPPER LLC false false false false false false false false false false false false false false false false false false true