2020-11-06T12:36:45-06:00 2019-12-31 PricewaterhouseCoopers LLP 300 Madison Avenue New York NY 10017 990 2019-01-01 046957993 BAE SYSTEMS FUNDED RETIREE BENEFIT TRUST % DOHI SHIN BAE SYSTEMS INC BAES 5714616000 2941 FAIRVIEW PARK DRIVE FLOOR 13 FALLS CHURCH VA 22042 TARA W OLIVET CHAIRMAN ADMIN CMT 2020-11-04 true LAURA J PARELLO P01080295 6464713000 155.201.35.69 13049920203115000003 2020-11-06 P C3A24384C7FB6CB8AB7906F598D11C961889714C BB937A9EAF0258E2900CA48AEBB9445B27FAB226 2019 2022-01-07 14:23:13Z X TARA W OLIVET 2941 FAIRVIEW PARK DR FL 13 FALLS CHURCH VA 22042 15371928 false X N/A X 1992 NY THIS ORGANIZATION IS A VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION THAT FUNDS MEDICAL AND OTHER WELFARE BENEFITS FOR RETIREES. 1 1 0 0 5445744 5395468 0 0 2736412 2714153 13191818 12657775 0 0 15928230 15371928 0 0 13843287 9544728 111633 91336 0 0 0 3001204 2337562 16956124 11973626 -1027894 3398302 183096585 214162514 0 0 183096585 214162514 TO FUND WELFARE BENEFITS FOR RETIREES PURSUANT TO IRC SECTION 501(C)(9). false false 9544728 0 2714153 THE TRUST PREFUNDS WELFARE BENEFITS FOR RETIREES OF THE SPONSOR OF THE TRUST AND VARIOUS AFFILIATED ENTITIES. THE EXPENSES WERE INCURRED TO PAY BENEFITS TO THE RETIREES PURSUANT TO THE UNDERLYING BENEFIT PLAN, AND TO PAY ADMINISTRATIVE EXPENSES AND TAXES OWED. THE REVENUE AMOUNT RELATES TO PARTICIPANT AND EMPLOYER CONTRIBUTIONS TO FUND THE BENEFITS, INVESTMENT INCOME, MEDICARE REIMBURSEMENTS, AND UNRELATED BUSINESS INCOME TAX REFUNDS. 9544728 false false false false false false false false false false false false false false false false 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 0 0 0 true true false false false false false false false X 1 1 false false false false false false false false true false false false false false false false false false X DOHI SHIN BAE SYSTEMS INC 7032989907 2941 FAIRVIEW PARK DR FALLS CHURCH VA 22042 JP MORGAN CHASE BANK TRUSTEE 5.0 0.0 X 91336 0 0 91336 0 0 0 false false false ALIGHT SOLUTIONS LLC PO BOX 95135 CHICAGO IL 606945135 ADMINISTRATIVE SVCS 286582 KPMG LLP DEPT 0522 PO BOX 120522 DALLAS TX 753120522 AUDIT FEES 256510 2 0 EMPLOYER CONTRIBUTIONS 525100 1956421 1956421 PARTICIPANT CONTRIBUTIONS 525100 757732 757732 2714153 8667718 3552093 5115625 0 0 0 0 0 3990057 3990057 3990057 1893651 2096406 0 0 0 0 0 0 0 0 0 0 15371928 2714153 5445744 7212031 0 0 0 9544728 9544728 91336 91336 0 0 0 0 0 0 83346 83346 276567 276567 0 0 49218 49218 448431 448431 0 0 0 0 0 0 0 0 0 0 0 0 2018 UBIT EXPENSE 1480000 1480000 11973626 9544728 2428898 2108994 4658060 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 180987591 209504454 0 0 0 0 0 0 0 0 183096585 214162514 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 0 0 0 0 183096585 214162514 183096585 214162514 183096585 214162514 3398302 25558633 2108994 X X false false false FORM 990, PART VI, LINE 8A & 8B BECAUSE BAE SYSTEMS FUNDED RETIREE BENEFIT TRUST IS A VEBA, IT DOES NOT HAVE A GOVERNING BODY OF ITS OWN. THE GOVERNING BODY OF BAE SYSTEMS, INC. HAS A COMMITTEE WHICH RELATES TO ITS VEBAS. THIS COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE BAE SYSTEMS, INC. GOVERNING BODY. FORM 990, PART VI, LINE 11 FORM 990 WAS PREPARED AND REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. THE PLAN SPONSOR, BAE SYSTEMS' MANAGEMENT TEAM WITH OVERSIGHT RESPONSIBILITY OVER THE VEBA, PERFORMED A REVIEW OF FORM 990 BEFORE IT WAS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, LINE 19 THE VEBA DOES NOT MAKE ITS GOVERNING DOCUMENTS OR INTERNAL FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. COLLECTIVELY BARGAINED AGGREMENT THIS VEBA IS ESTABLISHED UNDER A COLLECTIVELY BARGAINED PLAN. PURSUANT TO THE TAX REFORM ACT OF 1986, THIS FUND IS GENERALLY RELEASED FROM THE LIMITATIONS OF IRC SECTION 419A AND SECTION 512(A)(3)(E). FOR EMPLOYEES COVERED UNDER THE COLLECTIVE BARGAINING AGREEMENT, THE FILING VEBA DOES NOT HAVE CONTRIBUTIONS TO THE FUND THAT EXCEED THE ACCOUNT LIMIT AND IS THEREFORE NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX ON SUCH EARNINGS. THE PORTION OF THE VEBA ATTRIBUTED TO ANY EMPLOYEES NOT COVERED BY THE COLLECTIVE BARGAINING AGREEMENT IS SUBJECT TO UNRELATED BUSINESS INCOME TAX AND IS REPORTED ACCORDINGLY ON FORM 990-T. PART XII, LINE 2B THE TRUST'S FINANCIAL STATEMENTS ARE AUDITED BY AN INDEPENDENT ACCOUNTANT FOR THE YEAR ON A CONSOLIDATED BASIS. HOWEVER, AT THE TIME OF FILING THIS TAX RETURN, THE AUDIT FOR 2019 WAS NOT ISSUED AND IN DRAFT WITH AN UNQUALIFIED OPINION. BAE SYSTEMS INC 2941 FAIRVIEW PARK DRIVE FLOOR 13 FALLS CHURCH VA 22042 046957993 DEFENSE CONTR VA NA C CORP false false false false false false false false false false false false false false false false false false false true BAE SYSTEMS INC S 9544728 BOOK