2015-11-14T13:56:04-06:00 2014-12-31 ERNST & YOUNG US LLP 2100 ONE PPG PLACE PITTSBURGH PA 15222 990 2014-01-01 276990053 Illinois Central Railroad Employee Benefits Trust % THE BANK OF NEW YORK MELLON ILLI 4122367175 C/O THE BNYM PO BOX 535007 PITTSBURGH PA 152535007 BRENT HEINTZELMAN VP, THE BNYM, AS TRUSTEE 4122367175 2015-11-13 true JANICE K MARTIN P00900299 4126447800 2014 2016-04-25 22:37:26Z X THE BANK OF NEW YORK MELLON PO BOX 535007 PITTSBURGH PA 152535007 5983853 false X N/A X 2011 NY ILLINOIS CENTRAL RAILROAD EMPLOYEE BENEFITS TRUST PROVIDES LIFE, SICK, ACCIDENT, AND OTHER PERMITTED EMPLOYEE BENEFITS UNDER ILLINOIS CENTRAL RAILROAD FUNDED WELFARE PLAN. X 1 0 0 0 0 0 0 6843422 5983851 99 2 0 0 6843521 5983853 0 0 5693850 6500185 15388 30137 0 0 0 606510 585427 6315748 7115749 527773 -1131896 1131898 0 0 0 1131898 0 X ILLINOIS CENTRAL RAILROAD EMPLOYEE BENEFITS TRUST PROVIDES LIFE, SICK, ACCIDENT, AND OTHER PERMITTED EMPLOYEE BENEFITS UNDER ILLINOIS CENTRAL RAILROAD FUNDED WELFARE PLAN. false true 0 0 0 ILLINOIS CENTRAL RAILROAD EMPLOYEE BENEFITS TRUST PROVIDES LIFE, SICK, ACCIDENT, AND OTHER PERMITTED EMPLOYEE BENEFITS UNDER ILLINOIS CENTRAL RAILROAD FUNDED WELFARE PLAN. 0 0 0 0 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 false false true 0 0 0 false false false false false false X 1 0 false false false false false false false false false false false true false false false false false false X THE BANK OF NEW YORK MELLON 4122367175 PO BOX 535007 PITTSBURGH PA 152535007 X THE BANK OF NEW YORK MELLON TRUSTEE (SEE SCHEDULE O) 0.0 0.0 X 30137 0 0 30137 0 0 0 false false false MARSH AFFINITY GROUP SERVICES 1166 AVENUE OF THE AMERICAS NEW YORK NY 100362774 ADMINISTRATION 174767 BCBS 225 NORTH MICHIGAN AVENUE CHICAGO IL 60601 ADMINISTRATION 381511 2 0 EMPLOYER CONTRIBUTIONS 525100 2400000 2400000 EMPLOYEE CONTRIBUTIONS 525100 3059235 3059235 REBATES & SETTLEMENTS 525100 524616 524616 5983851 2 2 0 0 0 0 0 0 0 0 0 0 5983853 5983851 2 0 0 0 6500185 30137 0 0 0 0 0 0 0 0 0 0 0 10891 0 0 0 0 0 0 0 0 0 0 0 0 ADMINISTRATION FEES 574536 7115749 -300000 0 1431898 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1131898 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 1131898 0 0 0 0 0 1131898 0 1131898 0 X -1131896 -2 X X false false false N/A false false false false true true true true false false false false false false Schedule N, Part III The Trust terminated as of December 31, 2014. There were no assets remaining in the trust at termination. FORM 990 PART VI SECTION A LINE 1A & B THE BANK OF NEW YORK MELLON SERVES AS THE SOLE DIRECTED TRUSTEE OF THIS TRUST. THE PLAN SPONSOR IS ILLINOIS CENTRAL RAILROAD COMPANY. THE TRUST IS ADMINISTERED BY THE PLAN SPONSOR IN ACCORDANCE WITH THE TERMS OF THE TRUST AGREEMENT. AS SUCH THE VEBA DOES NOT HAVE A GOVERNING BODY THAT EXERCISES DISCRETION. FORM 990 PART VI SECTION B LINE 11 B A complete electronic copy of the organization's Form 990 was provided to the Trustee for review prior to filing with the IRS. FORM 990 PART VI SECTION A & B LINE 8, 12-15 THESE QUESTIONS ARE NOT APPLICABLE TO THE TRUST. ADDITIONALLY, THE TRUST DOES NOT HAVE ANY EMPLOYEES, THEREFORE, NO PROCESSES RELATED TO EMPLOYEE COMPENSATION ARE IN PLACE. FORM 990 PART VI SECTION C LINE 19 AS A 501(C)(9) ORGANIZATION THIS TRUST IS NOT REQUIRED TO MAKE THE DOCUMENTS REFERENCED IN QUESTION 19 AVAILABLE TO THE GENERAL PUBLIC. FORM 990 PART VII SECTION A LINE 1A COLUMN (B) AVERAGE HOURS PER WEEK DEVOTED TO POSITION: AS TRUSTEE, THE BANK OF NEW YORK MELLON PROVIDES ADMINISTRATIVE SERVICES SUCH AS ACTING AS INVESTMENT MANAGER FOR THE ILLINOIS CENTRAL RAILROAD EMPLOYEE BENEFITS TRUST. THESE SERVICES REQUIRE NUMEROUS INDIVIDUAL BANK EMPLOYEES' INVOLVEMENT IN THE ACTIVITIES OF THE ORGANIZATION AND THUS CANNOT BE QUANTIFIED ON AN HOURLY BASIS. THEREFORE, THE TRUSTEE FEES ARE NOT BASED UPON AN HOURLY BASIS, BUT ARE CALCULATED BASED UPON FACTORS SUCH AS THE MARKET VALUE OF THE ACCOUNT AND IN ACCORDANCE WITH THE BANK OF NEW YORK MELLON'S AGREEMENT WITH ILLINOIS CENTRAL RAILROAD COMPANY. FORM 990 PART XI LINE 9 MINOR ADJUSTMENT TO CLOSE OUT NET ASSETS. FORM 990 PART III LINE 3 The Trust terminated as of December 31, 2014. ILLINOIS CENTRAL RAILROAD COMPANY 17641 South Ashland Avenue HOMEWOOD IL 60430 362728842 RAILROAD IL NA C CORP false false false false false false false false false false false false false false false false false false false true