Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Form 990, Part vi, SECTION A, LINES 1A & 1B | THE BANK OF NEW YORK MELLON SERVES AS THE SOLE DIRECTED TRUSTEE OF RAYTHEON WELFARE BENEFITS TRUST. THE PLAN SPONSOR IS RAYTHEON TECHNOLOGIES CORPORATION (FORMERLY RAYTHEON COMPANY). THE TRUST IS ADMINISTERED BY THE PLAN SPONSOR IN ACCORDANCE WITH THE TERMS OF THE TRUST AGREEMENT. AS SUCH, THE VEBA DOES NOT HAVE A GOVERNING BODY THAT EXERCISES DISCRETION. |
| Form 990, Part VI, Section A, Line 9 | THE BANK OF NEW YORK MELLON, THE INSTITUTIONAL TRUSTEE, IS LOCATED AT C/O BNY MELLON ASSET SERVICING, 135 SANTILLI HIGHWAY, EVERETT, MA 02149. |
| FORM 990 PART VI LINE 11B | THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND REVIEWED PRIOR TO FILING BY OTHERS AT THE SPONSOR WHO ARE RESPONSIBLE FOR THE ADMINISTRATION OF THE TRUST. |
| FORM 990 PART VI SECTION C LINE 19 | As a 501(C)(9) Organization, the Trust is not required to make the documents referenced in Question 19 available to the general public. |
| FORM 990 PART VII SECTION A LINE 1A COLUMN (B) | AVERAGE HOURS PER WEEK DEVOTED TO POSITION: AS TRUSTEE, THE BANK OF NEW YORK MELLON PROVIDES ADMINISTRATIVE SERVICES SUCH AS ACTING AS INVESTMENT MANAGER FOR RAYTHEON Welfare Benefits TRUST. THESE SERVICES REQUIRE NUMEROUS INDIVIDUAL BANK EMPLOYEES' INVOLVEMENT IN THE ACTIVITIES OF THE ORGANIZATION AND THUS CANNOT BE QUANTIFIED ON AN HOURLY BASIS. THEREFORE, THE TRUSTEE FEES ARE BASED UPON FACTORS SUCH AS THE MARKET VALUE OF THE ACCOUNT AND IN ACCORDANCE WITH THE BANK OF NEW YORK MELLON'S AGREEMENT WITH RAYTHEON Welfare Benefits TRUST. |
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