2022-09-15T08:47:57-00:00 2021-12-31 861065772 Deloitte Tax LLP 30 Rockefeller Plaza New York NY 101120015 990 2021-01-01 300963392 Jennison Associates LLC Retiree Health Benefits Trust JENN 2124211000 466 Lexington Ave 18th Floor New York NY 10017 Janice Vrdoljak Officer 2124211000 2022-09-12 true Janice Vrdoljak XXX-XX-XXXX Marco V Bertolozzi P00967456 2124362264 2022-08-30 X 2 AAL1 IAL1 2021 2023-04-26 12:10:37Z Janice Vrdoljak 466 Lexington Avenue 18th Floor New York NY 10017 10300638 false X X 2016 CO Retiree Medical Benefits provided by the Jennison Associates LLC Welfare Benefit Plan. The assets within the Trust will be used to pay health insurance premiums for retirees. 3 0 0 3 293311 291902 0 682454 828566 669223 293311 0 1351677 1121877 0 682454 828566 0 0 0 249525 135410 931979 963976 419698 157901 45456268 49558063 0 45456268 49558063 The sole purpose of the Jennison Associates LLC Retiree Health Benefits Trust is to fund retiree benefits that are to be provided by the Jennison Associates Retiree Welfare Benefit Plan. Trust assets will be used to pay health insurance premiums for retirees under the health policies maintained by the Jennison Associates Retiree Welfare Plan. false false The sole purpose of the Jennison Associates LLC Retiree Health Benefits Trust is to fund retiree benefits that are to be provided by the Jennison Associates Retiree Welfare Benefit Plan. Trust assets will be used to pay health insurance premiums for retirees under the health policies maintained by the Jennison Associates Retiree Welfare Plan. false 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 true 0 true true false false false false false false false false X 3 0 false false false false false false false true true true false false true true true true true false false false X Jennison Associates LLC 2124211000 466 Lexington Avenue New York NY 10017 X Matrix Trustee 005.00 X 0 15900 0 Kenneth Moore Chair, Jennison Associates VEBA Investment Committee 000.10 037.50 X X 0 0 0 Warren Koontz Member, Jennison Associates VEBA Investment Committee 000.10 037.50 X 0 0 0 Michael Delbalso Member, Jennison Associates VEBA Investment Committee 000.10 037.50 X 0 0 0 15900 false false false Employer Contributions 900099 828566 828566 828566 47967 47967 9424105 9178761 245344 245344 245344 1121877 828566 293311 0 0 0 828566 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 UBI estimated taxes 135410 0 963976 45456268 49558063 45456268 49558063 0 0 X 45456268 49558063 45456268 49558063 45456268 49558063 157901 3943894 X X false true X true false Financial derivatives and other financial products Closely-held equity interests Variable Life Insurance Contracts TOLI 49553467 F Registered Investment Companies 4596 F 49558063 Federal income taxes X 5065771 3943894 3943894 1121877 1121877 963976 963976 963976 X 2 The Trust, funding certain benefits of the Plan, received an exemption letter from the Internal Revenue Service IRS dated April 11, 2018, stating that the Trust is tax exempt under the provisions of Section 501c9 of the IRC. However, as a result of the Plans funding policy, from time to time, the Trust may be subject to income taxes. The Plan paid 135,410 and 249,525 in unrelated business income taxes during the years ended December 31, 2021 and 2020, respectively. These amounts included state income taxes for unrelated business taxable income, when applicable. 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. U.S. GAAP requires Plan management to evaluate tax positions taken by the Plan and recognize a tax liability or asset if it has taken an uncertain tax position that more-likely-than not would not be sustained upon examination by the IRS and state jurisdictions. 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 I, Line 1 Retiree Medical Benefits provided by the Jennison Associates LLC Welfare Benefit Plan. The assets within the Trust will be used to pay health insurance premiums for retirees. Form 990, Part VI, Section B, Line 11B Deloitte Tax LLP prepares the Form 990 and provides a copy to the taxpayer for their review. Form 990, Part VI, Section B, Line 12C All persons with roles related to the Trust are employed by Jennison Associates LLC The Company. The Company requires employees to annually disclose conflicts of interest through questionnaires that are monitored for completion. Form 990, Part VI, Section C, Line 19 No documentation available to the public. Form 990, Part VII, Section A, Line 1a Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors Compensation for the investment oversite committee members, excluding Matrix Trust Company is reported as zero as the members serve as volunteers. Form 990, Part VI, Section A, Line 9 Matrix Trust Company, 717 17th Street, Suite 1300, Denver, CO 80202 Form 990, Part XII, Line 1 The financial statements of the Plan are prepared on the modified cash basis of accounting, which is a comprehensive basis of accounting other than accounting principles generally accepted in the United States of America U.S. GAAP. The modified cash basis of accounting is a cash receipts and disbursements method of accounting unlike U.S. GAAP where information is reported on an accrual basis. However, under the modified basis of accounting, investments are stated at fair value, which is consistent with U.S. GAAP. false false true false false false false false false false false false false false false false false false false Jennison Associates LLC c 828566 FMV