Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| ORGANIZATION'S MISSION STATEMENT | FORM 990, PART I, LINE 1 & PART III, LINE 1 THE ORGANIZATION'S MISSION IS TO FUND MEDICAL, DENTAL, VISION, LIFE INSURANCE, AND ACCIDENTAL DEATH AND DISMEMBERMENT BENEFITS PURSUANT TO THE MAJOR LEAGUE BASEBALL PLAYERS WELFARE PLAN ON BEHALF OF ELIGIBLE ACTIVE AND FORMER PLAYERS AND OTHER UNIFORMED PERSONNEL OF MAJOR LEAGUE BASEBALL CLUBS. THE PLAN IS SUBJECT TO THE PROVISONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA). |
| DELEGATION OF MANAGEMENT DUTIES | FORM 990, PART VI, LINE 3 MERCER IS THE WELFARE PLAN ADMINISTRATOR. |
| MEETINGS HELD BY THE GOVERNING BODY | FORM 990, PART VI, LINE 8A Meeting minutes of all quarterly meetings of the Pension Committee of the MLB Players Welfare Plan are prepared and approved; copies of all meeting minutes are stored at the Plan Administration Office. No other meetings are held by a governing body. |
| REVIEW OF FORM 990 | FORM 990, PART VI, LINE 11 The completed form 990 is reviewed by the Plan Administration Office and sent to the Pension Committee and co-counsel for the Pension Committee for additional review prior to the signing of the form 990 by two members of the Pension Committee. |
| CONFLICT OF INTEREST POLICY/WHISTLEBLOWER POLICY | FORM 990, PART VI, LINES 12 & 13 Conflict of Interest and whistleblower policies are consistent with the ERISA prohibited transaction and fiduciary provisions. |
| DOCUMENTATION RETENTION AND DESTRUCTION POLICY | FORM 990, PART VI, LINE 14 No written policy is in place. However, no documents are destroyed and all documents are stored on site for two years and then sent to secured, off-site storage. |
| DISCLOSURE | FORM 990, PART VI, SECTION A, LINE 19 THE MLB PLAYERS WELFARE PLAN DOES NOT MAKE ITS PLAN DOCUMENT AVAILABLE TO THE PUBLIC - ONLY TO MEMBERS OF THE PLAN OR THEIR AUTHORIZED REPRESENTATIVES. THE PLANS DO NOT HAVE A CONFLICT OF INTEREST POLICY. THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC FROM THE 5500'S ON FILE WITH THE DEPARTMENT OF LABOR. |
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