2024-11-13T16:38:09-06:00 2023-12-31 WITHUMSMITHBROWNPC 4600 EAST WEST HWY 900 BETHESDA MD 208143423 990 2023-01-01 541875242 NALC HEALTH BENEFIT PLAN FOR EMPLOYEES AND STAFF % STEPHANIE STEWART ASST ADMI NALC 7037294677 20547 WAVERLY COURT ASHBURN VA 20149 STEPHANIE STEWART ASST. ADMINISTRATOR 7037294677 2024-11-12 true true RICHARD RUVELSON P00234075 3012726000 2024-11-12 2023 2024-10-15 13:58:12Z STEPHANIE STEWART 20547 WAVERLY COURT ASHBURN VA 20149 16632031 false X N/A X 1997 VA A WELFARE BENEFIT PLAN THAT COVERS EMPLOYEES & ANNUITANTS, AND THEIR ELIGIBLE DEPENDENTS & SURVIVORS, OF THE NATIONAL ASSOCIATION OF LETTER CARRIERS AND ITS RELATED ENTITIES. 3 0 0 0 0 0 0 0 11529682 13842901 -172987 26499 4462 13950 11361157 13883350 0 0 14233035 13189011 0 0 0 0 0 933632 1454053 15166667 14643064 -3805510 -759714 11517966 11506166 801858 700927 10716108 10805239 X THE ORGANIZATION IS THE TRUST FOR A WELFARE BENEFIT PLAN THAT COVERS EMPLOYEES AND ANNUITANTS, AND THEIR ELIGIBLE DEPENDENTS AND SURVIVORS, OF THE NATIONAL ASSOCIATION OF LETTER CARRIERS, A TAX-EXEMPT ORGANIZATION, AND ITS RELATED ENTITIES. THE ORGANIZATION IS AN EMPLOYEE BENEFIT PLAN SUBJECT TO THE LAWS OF EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974. false false FUNDED HEALTH BENEFITS (MEDICAL, HOSPITAL, SURGICAL, MAJOR MEDICAL, AND DENTAL) FOR ELIGIBLE PLAN PARTICIPANTS AND THEIR COVERED DEPENDENTS AND BENEFICIARIES. false false false false false false false false false false false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false true false false true 647 0 true 0 false false false false false false false false X 3 0 true false false false false false false true false false false true false true true false false false X STEPHANIE STEWART ASST ADMI 7037294677 20547 WAVERLY COURT ASHBURN VA 20149 X BRIAN RENFROE ADMINISTRATOR 1.0 39.0 X 0 272001 50811 STEPHANIE STEWART ASST ADMINISTRATOR 5.0 35.0 X 0 226098 55471 RICK LAFOLLETTE CONTROLLER 33.0 2.0 X 0 132385 136034 BERNARD PERLMUTTER ASSISTANT ADMINISTRATOR 34.0 1.0 X 0 148522 91822 JARDINE BERNITA SUPERINTENDENT OF CLAIMS 1.0 34.0 X 0 115864 70525 SHEWBRIDGE HOWARD ISS MANAGER 1.0 34.0 X 0 109624 47937 ELHAM GHATRI ASSISTANT CONTROLLER 2.0 33.0 X 0 110482 39661 SANDRA LAEMMEL TRUSTEE 1.0 39.0 X 0 43268 77965 CHARLES HEEGE TRUSTEE 1.0 39.0 X 0 42312 61469 LAWRENCE D BROWN JR TRUSTEE 1.0 39.0 X 0 44236 8753 0 1244792 640448 0 false true false NALC HEALTH BENEFIT PLAN 20547 WAVERLY COURT ASHBURN VA 20149 CONTRACT LABOR 730230 CIGNA HEALTHCARE 10490 LITTLE PATUXENT PKWY STE 400 COLUMBIA MD 21044 NETWORK ADMIN FEES 161068 WILLIS TOWERS WATSON 800 NORTH GLEBE ROAD FLOOR 10 ARLINGTON VA 22203 ACTUARIAL SERVICES 132871 3 0 EMPLOYER CONTRIBUTIONS 525100 13017490 13017490 PARTICIPANT CONTRIBUTIONS 525100 825411 825411 13842901 225914 225914 0 0 0 0 0 2549266 2748681 -199415 -199415 -199415 0 0 0 0 0 0 0 0 0 DISBURSEMENT WRITE-OFF 525100 10772 10772 OTHER INCOME 900099 3178 3178 13950 13883350 13856851 0 26499 0 0 0 13189011 0 0 0 0 0 0 0 55433 91421 0 0 37898 295764 0 64152 47155 0 39291 239 0 0 0 0 0 15446 ALLOCATED LABOR 730230 PROGRAM COMPLIANT INCIDENTALS 38737 CONTRACT DISCOUNT SAVINGS 19867 EQUIPMENT EXPENSES 9807 8613 14643064 0 0 138678 567365 0 0 1790647 2304449 0 0 0 0 0 0 676 676 1046 0 0 0 9398145 8527167 0 0 0 0 0 0 188774 106509 11517966 11506166 207114 80501 0 0 0 0 0 0 0 0 0 0 0 0 0 0 594744 620426 801858 700927 X 0 0 0 0 10716108 10805239 10716108 10805239 11517966 11506166 -759714 848845 X false true X true false 0 DUE TO RELATED ENTITY 389413 OUTSTANDING BENEFIT CHECKS 150736 OBLIGATION TO REFUND COLLATERAL 66350 UNREALIZED LOSS ON SECURITIES 13927 620426 X 14694297 848845 848845 13845452 37898 37898 13883350 14605166 14605166 37898 37898 14643064 PART X, LINE 2 - FIN 48 FOOTNOTE: Accounting principles generally accepted in the United States of America REQUIRE management to evaluate tax positions taken and recognize an income tax liability if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has evaluated the tax positions taken by the Plan and concluded that as of December 31, 2023 and 2022, there are no uncertain positions taken or expected to be taken that would require recognition in the financial statements. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits in progress for any tax periods. In addition, there have been no tax-related interest or penalties for the periods presented in these financial statements. false false false JARDINE BERNITA SUPERINTENDENT OF CLAIMS 0 115864 0 0 0 0 0 49279 0 21246 0 186389 0 0 STEPHANIE STEWART ASST ADMINISTRATOR 0 196974 0 0 0 29124 0 55471 0 0 0 281569 0 0 BERNARD PERLMUTTER ASSISTANT ADMINISTRATOR 0 148522 0 0 0 0 0 70576 0 21246 0 240344 0 0 RICK LAFOLLETTE CONTROLLER 0 131989 0 0 0 396 0 114788 0 21246 0 268419 0 0 SHEWBRIDGE HOWARD ISS MANAGER 0 109624 0 0 0 0 0 37767 0 10170 0 157561 0 0 ELHAM GHATRI ASSISTANT CONTROLLER 0 110482 0 0 0 0 0 29491 0 10170 0 150143 0 0 BRIAN RENFROE ADMINISTRATOR 0 245450 0 0 0 26551 0 37871 0 12940 0 322812 0 0 PART II, COLUMN C - DEFERRED COMPENSATION: REPRESENTS THE ANNUAL CHANGE IN THE ACTUARIAL VALUE OF A QUALIFIED DEFINED BENEFIT PLAN, AS CALCULATED BY THE PLAN ACTUARY. PART III, LINE 1 - ORGANIZATION MISSION: THE ORGANIZATION IS THE TRUST FOR A WELFARE BENEFIT PLAN THAT COVERS EMPLOYEES AND ANNUITANTS, AND THEIR ELIGIBLE DEPENDENTS AND SURVIVORS, OF THE NATIONAL ASSOCIATION OF LETTER CARRIERS, A TAX-EXEMPT ORGANIZATION, AND ITS RELATED ENTITIES. THE ORGANIZATION IS AN EMPLOYEE BENEFIT PLAN SUBJECT TO THE LAWS OF EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974. PART VI, SECTION A, LINE 2 - BUSINESS RELATIONSHIP BOARD MEMBERS BRIAN RENFROE, STEPHANIE M. STEWAR, LAWRENCE D. BROWN JR., CHARLES HEEGE, AND SANDRA LAEMMEL SERVE AS THE PRESIDENT, EXECUTIVE VICE PRESIDENT, DIRECTOR OF HEALTH BENEFITS, TRUSTEE, TRUSTEE, AND TRUSTEE, RESPECTIVELY, FOR THE NATIONAL ASSOCIATION OF LETTER CARRIERS. PART VI, SECTION A, LINE 8B - OTHER COMMITTEES: THE PLAN HAS NO OTHER COMMITTEES OUTSIDE OF THE BOARD OF TRUSTEES. PART VI, SECTION B, LINE 11B - REVIEW PROCESS OF FORM 990: THE FORM 990 IS REVIEWED BY THE PLAN ADMINISTRATOR BEFORE THE FORM IS SIGNED AND FILED. PART VI, SECTION C, LINE 19 - AVAILABILITY OF DOCUMENTS AND F/S: THE PLAN DOES NOT MAKE ITS GOVERNING DOCUMENTS NOR ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC; EXCEPT AS MAY BE REQUIRED UNDER THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 OR APPLICABLE STATE LAW. PART VII, SECTION A, COLUMN F - AMOUNTS IN OTHER COMPENSATION: $543,430 INCLUDES THE AMOUNTS CALCULATED BY THE PLAN ACTUARY AS TO THE CHANGE IN ACTUARIAL VALUE IN DEFINED BENEFITS. THESE AMOUNTS REPORTED ARE NOT ACTUAL OUTLAYS OF COMPENSATION TO THE ADMINISTRATOR AND TRUSTEES. USLC MUTUAL BENEFIT ASSOCIATION 100 INDIANA AVE NW STE 510 WASHINGTON DC 20001 620476257 BENEFIT PLAN DC 501(c)(5) NALC false NALC ANNUITY FUND 20547 WAVERLY COURT ASHBURN VA 20149 526038252 PENSION FUND DC 401(a) NALC false NATIONAL ASSOCIATION OF LETTER CARRIERS 100 INDIANA AVE NW WASHINGTON DC 20001 530114650 LABOR ORG DC 501(c)(5) NA false NALC COMM ON LETTER CARRIERS POLITICAL 100 INDIANA AVE NW WASHINGTON DC 20001 521269023 POLITICAL ORG DC 527 NALC false NALCREST PO BOX 6359 NALCREST FL 33856 591004167 SENIOR LIVING FL 501(c)(4) NALC false TRUSTEES NALC HEALTH BENEFIT PLAN 20547 WAVERLY COURT ASHBURN VA 20149 PLAN SPONSOR VA N/A false NALC DISASTER RELIEF FOUNDATION 100 INDIANA AVENUE NW WASHINGTON DC 20001 831184866 DISASTER RELF DC 501(C)(3) 7 NA false false false false false false false false false false false false false false true true true false false true