2015-11-12T16:32:21-06:00 2014-12-31 350921680 CROWE HORWATH LLP 225 West Wacker Drive Suite 2600 Chicago IL 606061224 990 2014-01-01 592183080 Employee Welfare Benefit Plans Trust of FPL Group Inc & Its Affiliates EMPL 5616946423 700 UNIVERSE BOULEVARD JUNO BEACH FL 33408 Dawn Nichols SECRETARY, EBPAC 2015-11-12 true Nicole Bencik P00756195 3128997000 2014 2016-02-25 16:41:14Z DAWN NICHOLS SECRETARY EBPAC 700 UNIVERSE BOULEVARD JUNO BEACH FL 33408 187650262 false X n/a X 1991 FL THE PURPOSE OF THE VEBA TRUST IS TO HOLD ASSETS OF THE "NEXTERA ENERGY, INC. EMPLOYEE HEALTH AND WELFARE PLAN" AND THE "NEXTERA ENERGY, INC. RETIREE BENEFITS PLAN". 1 1 0 7 0 0 0 0 197518698 182425073 2408145 1740035 0 0 199926843 184165108 0 0 190445724 182315449 0 18168 0 0 0 11765085 9423998 202210809 191757615 -2283966 -7592507 55026397 48944796 282965 1760125 54743432 47184671 THE VEBA TRUST HOLDS THE ASSETS OF THE HEALTH AND WELFARE PLAN AND THE RETIREE BENEFITS PLAN FOR THE PURPOSE OF ADMINISTERING THE FINANCIAL ACTIVITIES OF BOTH PLANS, PRIMARILY THE PAYMENTS OF ELIGIBLE EXPENSES INCURRED BY THE PLANS' PARTICIPANTS. false false 0 0 0 THE HEALTH AND WELFARE PLAN'S ACTIVITIES ARE TO PROVIDE MEDICAL, DENTAL, LIFE, VISION, PRESCRIPTION DRUG AND LONG/SHORT TERM DISABILITY BENEFITS, COUNSELING, AND REFERRAL SERVICES, AND REIMBURSEMENT OF PAID MEDICAL AND DEPENDENT CARE EXPENSES THROUGH IRS APPROVED FLEXIBLE SPENDING ACCOUNTS TO ELIGIBLE EMPLOYEES OF NEXTERA ENERGY, INC. THE PLAN IS ADMINISTERED BY INSURANCE COMPANIES AND BY THE COMPANY. AT THE END OF THE YEAR, THERE WERE 13,921 PARTICIPANTS. 0 0 0 THE RETIREE BENEFIT PLAN'S ACTIVITIES ARE TO PROVIDE MEDICAL, LIFE INSURANCE, AND PRESCRIPTION DRUG BENEFITS, COUNSELING AND REFERRAL SERVICES TO RETIREES OF NEXTERA ENERGY, INC. THE PLAN IS ADMINISTERED BY INSURANCE COMPANIES AND BY THE COMPANY. AT THE END OF THE YEAR, THERE WERE 4,793 PARTICIPANTS. 0 false false false false false false false false false true 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 0 0 0 false false false false false false X 1 1 false false false false false false false true true false false true true true true true true false false false X EMP BENEFIT PLANS ADMIN COMMITTEE 5616946423 700 UNIVERSE BLVD JUNO BEACH FL 33408 BANK OF NEW YORK NA 500 GRANT ST. PITTSBURGH, PA 15258 1.00 X 18168 0 0 18168 0 0 0 false false false CIGNA PO BOX 644546 PITTSBURGH PA 15264 BENEFITS ADMINISTRATION 7192679 FIDELITY 245 SUMMER STREET BOSTON MA 02210 BENEFITS ADMINISTRATION 973053 CAREMARK PO BOX 840336 DALLAS TX 75284 BENEFITS ADMINISTRATION 556981 CONSUMER'S MEDICAL RESOURCE 64 SCHOOSETT STREET PEMBROKE MA 02359 BENEFITS ADMINISTRATION 260620 CONEXIS PO BOX 8363 PASADENA CA 91109 BENEFITS ADMINISTRATION 113128 6 0 0 0 0 0 0 0 0 EMPLOYER CONTRIBUTIONS 525920 130112204 130112204 EMPLOYEE CONTRIBUTIONS 525920 52312869 52312869 0 0 0 0 182425073 17056 17056 0 0 5208133 3485154 1722979 0 1722979 1722979 0 0 0 0 0 184165108 182425073 0 1740035 182315449 18168 84150 0 17394 9322454 0 0 0 0 0 0 0 191757615 0 0 0 0 0 0 12630449 0 0 0 0 0 0 54993184 36295845 0 33213 18502 55026397 48944796 282965 1760125 0 0 0 282965 1760125 X 54743432 47184671 54743432 47184671 55026397 48944796 -7592507 33746 0 X false true X true false WESTERN ASSET US CORE PLUS LLC 8371405 F SSGA MSCI ACWI EX-US INDEX Fund 3322539 F SSGA US TOTAL MARKET INDEX FUND 10246592 F BNY MELLON DREYFUS INST. CASH ADV. FUND 14355309 F 36295845 0 X 184198854 33746 0 33746 184165108 0 0 184165108 191757615 0 0 191757615 0 0 191757615 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Trust established under the Plan to hold the Plan's net assets is intended to qualify pursuant to Section 501(c)(9) of the Internal Revenue Code, and, accordingly, the Trust's net investment income is exempt from income taxes. The Trust has obtained a favorable tax determination letter from the Internal Revenue Service dated February 5, 1988, and the Plan Sponsor believes that the Trust, as amended, continues to qualify and to operate in accordance with applicable provisions of the Internal Revenue Code. Accounting principles generally accepted in the United States of America require plan administrators to evaluate tax positions taken by the Plan and Trust. The plan administrator has analyzed the tax positions taken by the Plan and Trust, and has concluded that as of December 31, 2014 and 2013, respectively, there are no uncertain 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 authorities; 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 by the IRS for years prior to 2011. Form 990, Part VI, Line 15 COMPENSATION THERE ARE NO OFFICERS OR KEY EMPLOYEES THAT RECEIVE COMPENSATION FROM THE ORGANIZATION. THEREFORE LINES 15A AND 15B HAVE BEEN ANSWERED "NO" IN ACCORDANCE WITH FORM 990 INSTRUCTIONS. Form 990, Part VI, Line 1a Delegate broad authority to a committee The organization has an employee benefits advisory committee which has been designated by the plan sponsor as the committee that has approval to adopt, amend, and terminate all employee benefit plans as well as appoint members to two sub-committees which make plan administration and investment decisions. Form 990, Part VI, Line 11b Review of form 990 by governing body THE COMPLETED FORM 990 IS REVIEWED IN DETAIL WITH THE SECRETARY OF THE EMPLOYEE BENEFIT PLANS ADMINISTRATIVE COMMITTEE OF NEXTERA ENERGY, INC. THE EMPLOYEE BENEFIT PLANS ADMINISTRATIVE COMMITTEE HAS BEEN DELEGATED THE AUTHORITY TO ADMINISTER THE TWO PLANS PARTICIPATING IN THE TRUST. Form 990, Part VI, Line 12c Conflict of interest policy THE MEMBERS OF THE EMPLOYEE BENEFITS PLANS ADMINISTRATIVE COMMITTEE ARE BRIEFED AT LEAST ANNUALLY REGARDING CONFLICTS OF INTEREST BY COUNSEL. EACH MEMBER THEN AFFIRMS THEIR ELIGIBILITY ON THE COMMITTEE. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION WILL MAKE ALL GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICIES, AND FINANCIAL STATEMENTS AVAILABLE FOR INSPECTION AT ITS OFFICES LOCATED AT 700 UNIVERSE BOULEVARD, JUNO BEACH, FL 33408. NEXTERA ENERGY INC 700 UNIVERSE BOULEVARD JUNO BEACH FL 33408 592449419 PLAN SPONSOR FL NA C Corporation false TRANSACTIONS WITH RELATED ORGANIZATIONS NEXTERA ENERGY, INC. IS THE PLAN SPONSOR OF BOTH THE NEXTERA ENERGY, INC. HEALTH AND WELFARE PLAN AND THE NEXTERA ENERGY, INC. RETIREE BENEFITS PLAN WHICH CONSOLIDATED INTO THE EMPLOYEE WELFARE BENEFIT PLANS TRUSTS OF FPL GROUP, INC. & ITS AFFILIATES ("THE TRUST"). THROUGHOUT THE PLAN YEAR, NEXTERA ENERGY, INC. REMITS CASH EMPLOYER CONTRIBUTIONS TO THE TRUST. DURING 2014, NEXTERA ENERGY REMITTED A TOTAL OF $130,112,204 IN EMPLOYER CONTRIBUTIONS TO THE TRUST.