2025-10-30T09:42:52-05:00 2024-12-31 990 2024-01-01 416037362 ALLETE AND AFFILIATED COMPANIES EMPLOYEES' MEDICAL PLAN ALLE 2187237559 30 WEST SUPERIOR STREET DULUTH MN 55802 TROY RASCH PRINCIPAL OFFICER 2184545555 2025-10-30 0 2024 2025-03-06 01:10:19Z TROY RASCH 30 WEST SUPERIOR STREET DULUTH MN 55802 32456481 0 X N/A X 1962 MN PAYS MEDICAL CLAIMS ON BEHALF OF 950 ACTIVE EMPLOYEES AND THEIR DEPENDENTS. 10 0 0 14 183734 161869 0 0 14022249 13742387 201216 183734 0 0 14223465 13926121 0 0 13970071 16173453 1000 1000 0 0 0 792606 1014797 14763677 17189250 -540212 -3263129 7843671 4580542 0 0 7843671 4580542 PART 1, LINE 1 0 0 17189250 13742387 MEDICAL CLAIMS PAID ON BEHALF OF APPROXIMATELY 950 EMPLOYEES AND THEIR DEPENDENTS. 17189250 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 X 10 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 MN X ANDY SOLIN 2187237559 30 WEST SUPERIOR STREET DULUTH MN 55802 DON KOZLOVSKI DIRECTOR 0.00 X 0 0 0 LAURA KROLLMAN DIRECTOR 0.00 X 0 0 0 JOSH SKELTON DIRECTOR 0.00 X 0 0 0 RANDY LILJEGREN DIRECTOR 0.00 X 0 0 0 KAREN BECICKA DIRECTOR 0.00 X 0 0 0 CHLOE STRAND DIRECTOR 0.00 X 0 0 0 WILL KEYES DIRECTOR 0.00 X 0 0 0 KEVIN FLAHERTY DIRECTOR 0.00 X 0 0 0 STANLEY GREER DIRECTOR 0.00 X 0 0 0 JEWELEON TUOMINEN DIRECTOR 0.00 X 0 0 0 MIKE CASHIN DIRECTOR 0.00 X 0 0 0 JASON MCDONALD DIRECTOR 0.00 X 0 0 0 TARA ANDERSON DIRECTOR 0.00 X 0 0 0 ANDY KIENITZ DIRECTOR 0.00 X 0 0 0 PRINCIPAL INSTITUTIONAL TRUSTEE INSTITUTIONAL TRUSTEE 1.00 X 1000 0 0 1000 0 0 0 0 1 0 0 EMPLOYER CONTRIBUTION 525100 9705482 9705482 EMPLOYEE CONTRIBUTION 525100 4036905 4036905 13742387 183734 183734 18530360 18530360 0 13926121 13742387 183734 0 16173453 16173453 1000 1000 6250 6250 REINSURANCE FEES 943820 943820 UNRELATED BUSINESS INCO 58500 58500 PCORI FEE 6227 6227 17189250 17189250 0 0 7842145 4578935 1526 1607 7843671 4580542 0 0 X 7843671 4580542 0 0 0 0 7843671 4580542 7843671 4580542 -3263129 0 X 0 1 X 1 0 0 X 4223820 0 4223820 9702301 9702301 13926121 17189248 0 17189248 2 2 17189250 PART X, LINE 2: THE MODIFIED CASH BASIS OF ACCOUNTING REQUIRES PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT, MORE LIKELY THAN NOT, WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE DEPARTMENT OF LABOR OR IRS. PLAN MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024, 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 JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 4B - OTHER ADJUSTMENTS: MODIFIED CASH TO ACCRUAL ADJUSTMENT -3,181. TRANSFER OF ASSETS FROM OTHER ALLETE PLANS 9,705,482. PART XII, LINE 4B - OTHER ADJUSTMENTS: MODIFIED CASH TO ACCRUAL ADJUSTMENT 2. 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE TRUST IS RUN BY A GROUP OF 10 BOARD OF GOVERNORS WHICH CONSISTS OF 3 SELECTED BY THE EXECUTIVE MANAGEMENT TEAM REPRESENTING NON-UNION EMPLOYEES OF THE COMPANY AT THE RANK OF SUPERVISOR OR ABOVE, 3 SELECTED BY THE UNION REPRESENTING UNION EMPLOYEES, 3 SELECTED BY AND REPRESENTING NON-UNION EMPLOYEES BELOW THE RANK OF SUPERVISOR AND 1 SELECTED BY AND REPRESENTING PARTICIPATING RETIREES. ALTERNATE MEMBERS OF THE BOARD SHALL BE DESIGNATED BY EACH PARTICIPANT GROUP SO THAT AN ALTERNATE REPRESENTATIVE SHALL ATTEND EACH MEETING IN THE ABSENCE OF A MEMBER. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS NOT REVIEWED BY THE BOARD OF GOVERNORS, BUT THE FINANCIAL STATEMENT RESULTS ARE DISCUSSED AT THE BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 12C ALL OF THE MEMBERS OF THE BOARD OF GOVERNORS ARE REQUIRED BY THE COMPANY TO ATTEND ETHICS TRAINING ON AN ANNUAL BASIS AND TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST TO THE BOARD OF GOVERNORS. FORM 990, PART VI, SECTION C, LINE 19 THE FINANACIAL STATEMENTS OF THE TRUST AND ITS CONFLICT OF INTEREST POLICY ARE AVAILABLE TO ITS MEMBERS BY A WRITTEN REQUEST TO THE BOARD OF GOVERNORS. ALLETE INC 30 WEST SUPERIOR STREET DULUTH MN 55802 410418150 UTILITY MN N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 ALLETEINC N N/A ALLETEINC O N/A ALLETEINC S 9705482 CASH