2021-11-11T13:33:52-06:00 2020-12-31 030583064 TMDG LLC 500 EAST PRATT ST SUITE 525 BALTIMORE MD 21202 990 2020-01-01 521184357 THE RAILROAD EMPLOYEES NATIONAL EARLY RETIREMENT MAJOR MEDICAL BENEFIT PLAN RAIL 5713367600 251 - 18TH STREET SOUTH NO 750 ARLINGTON VA 22202 BRENDAN M BRANON NCCC CHAIRMAN 5713367600 2021-11-11 1 BRENDAN BRANON 999009999 TIMOTHY A HELLER CPA P01620002 4437431277 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z 251 - 18TH STREET SOUTH NO 750 ARLINGTON VA 22202 142865407 0 X N/A X 1978 VA EMPLOYEE WELFARE BENEFITS 7 6 0 0 0 0 0 0 183081975 142749146 722900 112061 10587 4200 183815462 142865407 0 0 180529969 146602064 0 0 0 0 0 11923622 9933734 192453591 156535798 -8638129 -13670391 58290421 44557025 840958 777953 57449463 43779072 EMPLOYEE WELFARE BENEFITS 0 0 PROVIDES HEALTH AND RELATED BENEFITS TO ELIGIBLE PARTICIPANTS AND THEIR BENEFICIARIES. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 X THE PLAN 5713367600 251 - 18TH STREET SOUTH SUITE 750 ARLINGTON VA 22202 X BRENDAN BRANON NCCC CHAIRMAN 2.00 38.00 X 0 885184 96811 SCOTT WEAVER NCCC COMM MBR 1.00 39.00 X 0 0 0 MAQUI PARKERSON REPLACED NCCC COMM MBR 1.00 39.00 X 0 0 0 ROB KAROV NCCC COMM MBR 1.00 39.00 X 0 0 0 THOMAS SULLIVAN NCCC COMM MBR 1.00 39.00 X 0 0 0 ROD DOERR NCCC COMM MBR 1.00 39.00 X 0 0 0 JACOB MCCAHILL NCCC COMM MBR 1.00 39.00 X 0 0 0 JEFF WALL NCCC COMM MBR 1.00 39.00 X 0 0 0 0 885184 96811 0 0 1 0 UNITEDHEALTHCARE 185 ASLYUM STREET HARTFORD CT 06103 CONTR ADMINISTRATOR 9337131 EXPRESS SCRIPTS INC 400 PARSONS POND DRIVE FRANKLIN LAKES NJ 07417 CONTR ADMINISTRATOR 329491 TMDG LLC 500 EAST PRATT STREET BALTIMORE MD 21202 ACCOUNTING 146686 3 EMPLOYER CONTRIBUTIONS 900099 133003840 133003840 COBRA CONTRIBUTIONS 900099 9745306 9745306 142749146 112061 112061 OTHER 900099 4200 4200 4200 142865407 142753346 0 112061 X 146602064 146686 50770 7408 ADMINISTRATION 9666622 CONSULTING FEES 42948 19300 156535798 700000 200000 39702695 20930638 17887726 23426387 58290421 44557025 39231 52212 801727 725741 840958 777953 X 0 0 0 0 57449463 43779072 57449463 43779072 58290421 44557025 -13670391 0 X 0 1 X 1 0 0 PREPAID COBRA CONTRIBUTIONS 725741 725741 X 142814637 0 142814637 50770 50770 142865407 156485028 0 156485028 50770 50770 156535798 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 2020 FOR UNRELATED BUSINESS TAXABLE 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. 0 0 0 BRENDAN BRANON NCCC CHAIRMAN 0 513374 0 371000 0 810 0 25852 0 75859 0 986895 0 0 FORM 990, PART I, LINE 22 NET ASSETS IN ACCORDANCE WITH THE INSTRUCTIONS FOR COMPLETING THE FEDERAL FORM 990, THE FOLLOWING CLAIMS RELATED OBLIGATIONS HAVE NOT BEEN REPORTED IN THE FORM 990 FOR THE YEARS ENDED DECEMBER 31, 2020 AND 2019. 2020 2019 HEALTH CLAIMS PAYABLE $ 3,746,642 $ 5,742,154 CLAIMS INCURRED BUT NOT REPORTED 6,540,322 7,990,620 TOTAL OBLIGATIONS OTHER THAN POST-RETIREMENT BENEFIT OBLIGATIONS 10,286,964 13,732,774 POSTRETIREMENT BENEFIT OBLIGATIONS 3,810,688,041 3,289,709,375 TOTAL PLAN BENEFIT OBLIGATIONS $3,820,975,005 $3,303,442,149 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, MAINTAINING EMPLOYEE ELIGIBILITY RECORDS, AND DETERMINING ELIGIBILITY BASED ON WORK HISTORY AS WELL AS INFORMATION FROM OTHER RAILROAD ORGANIZATIONS). 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 ACTION 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 ACTION 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 AUDITOR 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 CHAIRMAN OF THE NCCC (THE GOVERNING BODY). AMOUNTS ARE REVIEWED AND ANY RECOMMENDATIONS, ADJUSTMENTS OR CHANGES ARE DISCUSSED WITH THE PLAN REPRESENTATIVE AND PLAN AUDITOR. ALL APPROPRIATE CHANGES ARE THEN MADE TO THE 990. THE FINAL DOCUMENT IS REVIEWED AND SIGNED BY THE CHAIRMAN, FILED WITH THE IRS AND A COPY IS PROVIDED TO EACH MEMBER OF THE GOVERNING BODY. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART VI, SECTION B. POLICIES, LINES 12 - 14 ALTHOUGH NO WRITTEN CONFLICT OF INTEREST, WHISTLEBLOWER, OR DOCUMENT RETENTION AND DESTRUCTION POLICIES HAVE BEEN IMPLEMENTED FOR THE GOVERNING COMMITTEE 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. POLICIES, LINE 15A AND 15B NO DIRECTORS ARE COMPENSATED BY THE PLAN, THEREFORE, THERE IS NO APPROVAL PROCESS FOR APPROVING DIRECTOR COMPENSATION. FORM 990, PART VII, SECTION A OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES THE PLAN IS MANAGED BY THE NATIONAL CARRIERS' CONFERENCE COMMITTEE. THE COMMITTEE IS THE PLAN SPONSOR AND IS LOCATED AT: NATIONAL CARRIERS' CONFERENCE COMMITTEE 251 18TH STREET, SOUTH SUITE 750 ARLINGTON, VA 22202 THE COMMITTEE MEMBERS RECEIVE NO COMPENSATION FROM THE PLAN FOR THEIR SERVICES. FORM 990, PART IX STATEMENT OF FUNCTIONAL EXPENSES HEALTH CLAIMS $104,934,390 PRESCRIPTION DRUGS 41,667,674 TOTAL $146,602,064 NATIONAL RAILWAY LABOR CONFERENCE 251 - 18TH ST SOUTH SUITE 750 ARLINGTON VA 22202 362491193 NATIONAL REPRESENTATION OF RAILROAD INDUSTRY. VA 501(C)(6) N/A 0 THE RAILROAD EE'S NATIONAL DENTAL PLAN 251 - 18TH ST SOUTH SUITE 750 ARLINGTON VA 22202 521102730 EMPLOYEE WELFARE BENEFITS VA 501 (C)(9) N/A 0 MAINT OF WAY EE'S SUPP SICK BENEFIT PLAN 251 - 18TH ST SOUTH SUITE 750 ARLINGTON VA 22202 521162945 EMPLOYEE WELFARE BENEFITS VA 501 (C)(9) N/A 0 SSBP COVERING RR SHOP CRAFT & SIGNAL EES 251 - 18TH ST SOUTH SUITE 750 ARLINGTON VA 22202 521162946 EMPLOYEE WELFARE BENEFITS VA 501 (C)(9) N/A 0 THE RR EES NATIONAL HEALTH FSA PLAN 251 - 18TH ST SOUTH SUITE 750 ARLINGTON VA 22202 800868908 EMPLOYEE WELFARE BENEFITS VA 501(C)(9) N/A 0 NATIONAL CARRIERS' CONFERENCE COMMITTEE 251 - 18TH ST SOUTH SUITE 750 ARLINGTON VA 22202 521036399 PLAN SPONSOR VA 501(C)(9) N/A 0 ALTON & SOUTHERN RAILROAD CONTRIBUTING EMPLOYER N/A 0 THE BELT RAILWAY CO OF CHICAGO CONTRIBUTING EMPLOYER N/A 0 PORTLAND TERMINAL RAILROAD CO CONTRIBUTING EMPLOYER N/A 0 IDAHO & SEDALIA TRANSPORTATION CO LLC CONTRIBUTING EMPLOYER N/A 0 NEW ORLEANS PUBLIC BELT RAILROAD CONTRIBUTING EMPLOYER N/A 0 PROVIDENCE & WORCHESTER RAILROAD COMPANY CONTRIBUTING EMPLOYER N/A 0 LOUISIANA & NORTH WEST RAILROAD CONTRIBUTING EMPLOYER N/A 0 THE COLORADO & WYOMING RAILWAY CONTRIBUTING EMPLOYER N/A 0 DELAWARE & HUDSON RAILROAD CONTRIBUTING EMPLOYER N/A 0 GARY RAILWAY CONTRIBUTING EMPLOYER N/A 0 TERMINAL RAILWAY ALABAMA STATE DOCKS CONTRIBUTING EMPLOYER N/A 0 INDIANA HARBOR BELT CONTRIBUTING EMPLOYER N/A 0 ILLINOIS CENTRAL RAILROAD CONTRIBUTING EMPLOYER N/A 0 KANSAS CITY SOUTHERN RAILWAY CONTRIBUTING EMPLOYER N/A 0 KANSAS CITY TERMINAL RAILWAY CONTRIBUTING EMPLOYER N/A 0 UNION RAILROAD COMPANY CONTRIBUTING EMPLOYER N/A 0 SOO LINE RAILROAD COMPANY CONTRIBUTING EMPLOYER N/A 0 SOUTH CAROLINA PUBLIC RAILWAY CONTRIBUTING EMPLOYER N/A 0 CONSOLIDATED RAILWAY CORPORATION CONTRIBUTING EMPLOYER N/A 0 PORT TERMINAL RAILROAD ASSOC CONTRIBUTING EMPLOYER N/A 0 TEXAS CITY TERMINAL RAILWAY CONTRIBUTING EMPLOYER N/A 0 MISSISSIPPI EXPORT RAILROAD CONTRIBUTING EMPLOYER N/A 0 IOWA INTERSTATE RAILROAD LTD CONTRIBUTING EMPLOYER N/A 0 CSX TRANSPORTATION CONTRIBUTING EMPLOYER N/A 0 TERMINAL RAILROAD ASSOC OF ST LOUIS CONTRIBUTING EMPLOYER N/A 0 CENTRAL CALIFORNIA TRACTION CONTRIBUTING EMPLOYER N/A 0 SPRINGFIELD TERMINAL RAILWAY CONTRIBUTING EMPLOYER N/A 0 STOCKTON TERMINAL & EASTERN RAILROAD CONTRIBUTING EMPLOYER N/A 0 BURLINGTON NORTHERN INC CONTRIBUTING EMPLOYER N/A 0 THE TEXAS MEXICAN RAILWAY CONTRIBUTING EMPLOYER N/A 0 UNION PACIFIC RAILROAD CONTRIBUTING EMPLOYER N/A 0 CHICAGO SOUTH SHORE & SOUTH BEND CONTRIBUTING EMPLOYER N/A 0 WICHITA TERMINAL ASSOCIATION CONTRIBUTING EMPLOYER N/A 0 ALBANY PORT RAILROAD CORPORATION CONTRIBUTING EMPLOYER N/A 0 NORTHEAST ILLINOIS RAILROAD CONTRIBUTING EMPLOYER N/A 0 NORFOLK SOUTHERN CORPORATION CONTRIBUTING EMPLOYER N/A 0 NORTHERN INDIANA COMMUTER TRANS DISTRICT CONTRIBUTING EMPLOYER N/A 0 FORE RIVER TRANSPORTATION CONTRIBUTING EMPLOYER N/A 0 CHICAGO RAIL LINK CONTRIBUTING EMPLOYER N/A 0 GREAT WESTERN RAILWAY OF COLORADO CONTRIBUTING EMPLOYER N/A 0 LONGVIEW SWITCHING COMPANY CONTRIBUTING EMPLOYER N/A 0 LOS ANGELES JUNCTION CONTRIBUTING EMPLOYER N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0