2021-11-11T16:27:23-06:00 2020-12-31 946214841 ARMANINO LLP 6 CITYPLACE DRIVE SUITE 900 ST LOUIS MO 63141 990 2020-01-01 266641110 VEBA INC VEBA TRUST C/O FOUR SEASONS VEBA 4164414329 1165 LESLIE STREET TORONTO ONTARIO CA M3C 2K8 BNY MELLON TRUSTEE 4164414329 2021-11-09 1 BNY MELLON 999009999 JENNIFER M VACHA P01251998 3149831200 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z BNY MELLON - SANDY DELAHU 1735 MARKET STREET 8TH FLOOR PHILADELPHIA PA 19103 57725551 0 X N/A X 2003 DE TO FUND WELFARE BENEFITS FOR EMPLOYEES OF FOUR SEASONS AND OTHER RELATED ORGANIZATIONS. 1 1 0 0 30375 0 0 0 62801903 57695176 169047 30375 0 0 62970950 57725551 0 0 55460000 51379544 0 0 0 0 0 9824657 8002023 65284657 59381567 -2313707 -1656016 7663273 6007257 0 0 7663273 6007257 TO FUND WELFARE BENEFITS FOR EMPLOYEES OF FOUR SEASONS AND OTHER RELATED ORGANIZATIONS AND THEIR ELIGIBLE DEPENDENTS. 0 0 51379544 PAYMENT FOR HEALTH CARE EXPENSES FOR 9,825 PARTICIPANTS AND THEIR DEPENDENTS, AS WELL AS ADMINISTRATIVE EXPENSES. 51379544 0 0 0 0 0 0 0 0 0 0 0 0 0 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 1 0 0 0 1 1 0 0 0 0 0 0 0 X 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 X FOUR SEASONS HOTELS LIMITED 4164414329 1165 LESLIE STREET TORONTO ONTARIO CA M3C 2K8 X BNY MELLON TRUSTEE 2.00 X 0 0 0 0 0 0 0 0 0 0 CIGNA 900 COTTAGE GROVE RD BLOOMFIELD CT 06002 CONTRACT ADMINISTRATION 7710647 LOCKTON COMPANIES 3 CITYPLACE DRIVE STE 900 ST LOUIS MO 63141 CONSULTANT 152000 2 EMPLOYER & EMPLOYEE CO 525100 57695176 57695176 57695176 30375 30375 57725551 57695176 30375 0 X 51379544 51379544 22747 22747 46086 46086 7933190 7933190 59381567 51379544 8002023 0 7655003 6007257 8270 0 7663273 6007257 0 0 X 0 0 0 0 7663273 6007257 7663273 6007257 7663273 6007257 -1656016 0 X X 0 1 X 1 0 0 X 57725551 0 57725551 0 57725551 59381567 0 59381567 0 59381567 PART X, LINE 2: THE VEBA TRUST ESTABLISHED UNDER THE PLAN TO HOLD THE PLAN'S NET ASSETS IS QUALIFIED, PURSUANT TO INTERNAL REVENUE CODE SECTION 501(C)(9), AND ACCORDINGLY, THE TRUST'S NET INVESTMENT INCOME IS EXEMPT FROM INCOME TAXES. THE VEBA TRUST FUNDING CERTAIN BENEFITS OF THE PLAN RECEIVED AN EXEMPTION LETTER FROM THE IRS DATED NOVEMBER 14, 2008 STATING THE TRUST IS TAX EXEMPT. THE PLAN'S TRUSTEES BELIEVE THAT THE TRUST, AS AMENDED, REMAINS QUALIFIED AND OPERATING AS DESIGNED. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2020 THERE ARE NO UNCERTAIN TAX 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. FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT DUTIES HAVE BEEN DELEGATED TO THE PLAN ADMINISTRATOR OF THE GROUP HEALTH PLANS MAINTAINED BY FOUR SEASONS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT CONSULTANT ON THE BASIS OF THE AUDITED FINANCIAL REPORT AND INFORMATION PROVIDED BY THE PLAN ADMINISTRATORS OF THE GROUP HEALTH PLANS MAINTAINED BY FOUR SEASONS. IT IS REVIEWED BY PLAN ADMINISTRATORS. FORM 990, PART VI, SECTION B, LINE 12C FOUR SEASONS MONITORS ADHERENCE TO ITS CONFLICT OF INTEREST POLICIES. FORM 990, PART VI, SECTION B, LINE 15 THE VEBA DOES NOT HAVE A CEO, EXECUTIVE DIRECTOR OR TOP MANAGEMENT OFFICIAL; MANAGEMENT HAS BEEN DELEGATED TO THE PLAN ADMINISTRATORS OF THE GROUP HEALTH PLANS MAINTAINED BY FOUR SEASONS. FORM 990, PART VI, SECTION C, LINE 19 SUMMARY ANNUAL REPORTS ARE PROVIDED TO PARTICIPANTS. PLAN DOCUMENTS AND ANNUAL REPORTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION A, LINE 9: THE ADDRESS FOR BNY MELLON, TRUSTEE, IS: 1735 MARKET STREET, 8TH FLOOR PHILADELPHIA, PA 19103 FORM 990, PART IX, LINE 11G CONTRACT ADMINISTRATION FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 7,710,647. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,710,647. ACTUARY CONSULTANTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 212,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 212,000. OTHER FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 10,543. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,543. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE EMPLOYEE BENEFITS COMMITTEE FOUR SEASONS HOTELS LIMITED 1165 LESLIE STREET TORONTO ON CA 980046457 HOTEL OPERATOR CA N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0