2024-11-15T16:17:05-06:00 2023-12-31 PwC US Tax LLP 2001 MARKET ST SUITE 1800 PHILADELPHIA PA 19103 990 2023-01-01 046957993 BAE SYSTEMS FUNDED RETIREE BENEFIT TRUST % DOHI SHIN BAE SYSTEMS INC BAES 5714616000 2941 FAIRVIEW PARK DRIVE FLOOR 13 FALLS CHURCH VA 22042 JODI COULTER BAE SYS INC VP/CONTR 7033126100 2024-11-11 true true SAPNA VASU P00545692 2673303000 2024-10-02 2023 2024-10-15 13:58:12Z JODI COULTER 2941 FAIRVIEW PARK DR FL 13 FALLS CHURCH VA 22042 74054655 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 1790451 2068011 0 0 945351 752542 -12784906 5446972 0 0 -11839555 6199514 0 0 11322704 10105441 89300 89300 0 0 0 2110177 1903073 13522181 12097814 -25361736 -5898300 164571811 161850365 0 0 164571811 161850365 TO FUND WELFARE BENEFITS FOR RETIREES PURSUANT TO IRC SECTION 501(C)(9). false false 10105441 0 752542 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. 10105441 false false false false false false false false false false false false false false false 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 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 5714616000 2941 FAIRVIEW PARK DR FALLS CHURCH VA 22042 JP MORGAN CHASE BANK NA TRUSTEE 5.0 0.0 X 89300 0 0 89300 0 0 0 false false false ALIGHT SOLUTIONS LLC PO BOX 95135 CHICAGO IL 606945135 ADMINISTRATIVE SVCS 264582 JPMORGAN CHASE BANK 270 PARK AVENUE NEW YORK NY 10017 INVESTMENT MGMT SVCS 173296 2 0 EMPLOYER CONTRIBUTIONS 525100 415251 415251 PARTICIPANT CONTRIBUTIONS 525100 337291 337291 752542 5581554 2119000 3462554 0 0 0 0 0 67720559 67855141 -134582 -134582 -328549 193967 0 0 0 0 0 0 0 0 0 0 6199514 752542 1790451 3656521 0 0 0 10105441 10105441 89300 0 89300 0 0 0 0 0 0 0 66517 66517 116793 116793 0 0 173296 173296 326015 0 326015 0 0 47 47 0 0 0 0 0 0 0 0 0 0 UBIT EXPENSE 1045000 0 1045000 0 ADMINISTRATIVE EXPENSES 175405 0 175405 0 12097814 10105441 1992373 0 2183241 5235281 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 162388570 156615084 0 0 0 0 0 0 0 0 164571811 161850365 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 164571811 161850365 164571811 161850365 164571811 161850365 -5898300 3176854 X X false true X true false 13541256 3176854 4338184 7515038 6026218 173296 173296 6199514 11924518 11924518 173296 173296 12097814 FORM 990, SCHEDULE D, PART XI, LINE 2D NET INCREASE IN 401(H) ACCOUNTS OF $4,338,184. 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. 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 415251 BOOK