2024-05-10T18:17:42-05:00 2023-12-31 PwC US Tax LLP 1075 Peachtree Street Suite 2600 Atlanta GA 30309 990 2023-01-01 766094055 Farm Credit Benefits Alliance Employee Welfare Benefit Trust % CATHY CRETICOS AGFI 8037995000 PO Box 1499 Columbia SC 292021499 SYLVIA SCOTT SECRETARY, FID COMM 8037995000 2024-05-10 true SYLVIA SCOTT 999009999 true ROBERT PURSER P01976682 6784191000 2024-05-10 2 2023 2023-04-26 12:10:37Z Sylvia Scott PO Box 1499 Columbia SC 292021499 141815132 false X N/A X 1994 DE THE PROVISION OF LIFE, SICK, HEALTH, DENTAL, ACCIDENT OR SIMILAR BENEFITS TO ELIGIBLE EMPLOYEES THROUGH A VOLUNTARY EMPLOYEES BENEFICIARY ASSOCIATION. 6 6 0 0 0 0 0 0 58396590 66466078 142871 156636 2769707 6804458 61309168 73427172 0 0 58524262 70683103 0 0 0 0 0 1954328 2995004 60478590 73678107 830578 -250935 5304479 6671341 1463542 3081339 3840937 3590002 VOLUNTARY EMPLOYEES BENEFICIARY ASSOCIATION TRUST WHICH HOLDS AND ADMINISTERS FUNDS FOR PAYMENT OF LIFE, SICK, HEALTH, DENTAL, ACCIDENT OR OTHER SIMILAR BENEFITS FOR THE EXCLUSIVE BENEFIT OF PARTICIPANTS OR THEIR DEPENDENTS OR DESIGNATED BENEFICIARIES. false false 73428982 0 73270536 Providing sickness and hospitalization insurance, life insurance and disability insurance benefits to members. 73428982 false false false false false false false false false false false false false false false false 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 true 0 false false false false false false false false X 6 6 false true false false false false false true false true false false false false false false X CATHY CRETICOS 8037995000 1901 MAIN STREET COLUMBIA SC 29201 Russell Investments Institutional Trustee 1.0 0.0 X 1750 0 0 Amie Pala Trustee 1.0 40.0 X 0 0 0 Douglas S Thiessen Trustee 1.0 40.0 X 0 0 0 Brian E Rosati Trustee 1.0 40.0 X 0 0 0 Stephen Gilbert Trustee 1.0 40.0 X 0 0 0 Evan Kleinhans Trustee 1.0 40.0 X 0 0 0 Paxton Poitevint Trustee 1.0 40.0 X 0 0 0 1750 0 0 0 false false false 0 0 EMPLOYER CONTRIBUTIONS 900099 66466078 66466078 66466078 156636 0 0 156636 0 0 0 0 0 0 0 0 0 0 0 0 68387960 68387960 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 STOP LOSS REIMBURSEMENT 900099 6804458 6804458 6804458 73427172 73270536 0 156636 0 0 0 70683103 70683103 0 0 0 0 0 0 0 22449 0 22449 0 32818 0 32818 0 0 0 1750 0 1750 0 0 0 0 0 0 0 0 0 0 0 0 0 0 STOP LOSS PREMIUMS 2745879 2745879 0 0 CONSULTING EXPENSE 94759 0 94759 0 3RD PARTY ADMINISTRATOR FEES 84251 0 84251 0 OVERDRAFT FEES 9447 0 9447 0 3651 3651 73678107 73428982 249125 0 X 0 0 0 0 0 0 1875330 5597505 0 0 0 0 0 0 0 0 0 0 0 0 3429149 1073836 0 0 0 0 0 0 0 0 5304479 6671341 1463542 3081339 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1463542 3081339 X 3840937 3590002 0 0 0 0 3840937 3590002 5304479 6671341 -250935 X false false FORM 990, PART VI, SECTION A, LINE 3 GOVERNING BODY AND MANAGEMENT THE AGFIRST/FCBT PLAN FIDUCIARY COMMITTEE IS THE GOVERNING BODY AND SERVES AS TRUSTEE FOR THE VEBA. AGFIRST FARM CREDIT BANK ASSISTS THE COMMITTEE IN ITS ROLE AS TRUSTEE BY PROVIDING CERTAIN DELEGATED DAY-TO-DAY TRUST ADMINISTRATION SERVICES THAT ARE THE RESPONSIBILITY OF THE COMMITTEE AS ASSIGNED THROUGH THE AGFIRST/FCBT PLAN FIDUCIARY COMMITTEE SERVICES AGREEMENT. ------------------------------------------------- FORM 990, PART VI, SECTION A, LINE 9 THE INSTITUTIONAL TRUSTEE CANNOT BE REACHED AT THE ORGANIZATION'S MAILING ADDRESS. THEIR MAILING ADDRESS IS: RUSSELL INVESTMENTS 1301 SECOND AVENUE SEATTLE, WA 98101 --------------------------------------------------- FORM 990, PART VI, SECTION A, LINE 11 REVIEW OF FORM 990 INPUT DATA FOR THE FORM 990 IS PROVIDED TO PwC US TAX LLP FOR USE IN THE PREPARATION OF THE FORM 990. DATA LISTED ON THE PREPARED FORM IS REVIEWED AGAINST SOURCE DOCUMENTS (FOR EXAMPLE, INVESTMENT MANAGER STATEMENTS) AND RESPONSES TO QUESTIONS ARE REVIEWED FOR ACCURACY BEFORE THE FORM 990 IS SIGNED AND SUBMITTED TO THE IRS. ----------------------------------------------------- FORM 990, PART VI, SECTION B, LINES 12-15 GOVERNANCE AND POLICIES THE TRUST IS A VOLUNTARY EMPLOYEE BENEFITS ASSOCIATION PURSUANT TO IRC SECTION 501(C)(9). ITS TRUSTEE, RUSSELL INVESTMENTS, HAS A FIDUCIARY DUTY TO MANAGE INVESTMENTS IN THE BEST INTEREST OF THE BENEFICIARIES AND OPERATE PURSUANT TO A STRINGENT CODE OF CONDUCT. SINCE THE TRUST DOES NOT MAINTAIN EMPLOYEES, THERE ARE NO PROCESSES IN PLACE RELATED TO EMPLOYEE COMPENSATION. ------------------------------------------------------- FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, ETC. AVAILABILITY TO THE PUBLIC GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC ON ANOTHER'S WEBSITE. FORM 990 IS MADE AVAILABLE UPON REQUEST. ---------------------------------------------- FORM 990, PART VII, SECTION A GOVERNING BODY MEMBERS OF THE GOVERNING BODY ARE EMPLOYEES OF AGFIRST FARM CREDIT BANK, THE FARM CREDIT BANK OF TEXAS, OR ONE OF THE TWO BANKS' AFFILIATED FARM CREDIT ASSOCIATIONS. MEMBERS RECEIVE COMPENSATION FROM THEIR RESPECTIVE EMPLOYERS. THEY DO NOT RECEIVE ANY COMPENSATION FROM THIS VEBA TRUST. THE AMOUNT OF THEIR COMPENSATION RELATED TO TRUST ACTIVITIES IS AN IMMATERIAL PART OF THEIR OVERALL COMPENSATION SINCE THEY ARE NOT COMPENSATED FOR SERVICE ON THE GOVERNING BODY. --------------------------------------------------- FORM 990, PART VII, LINE 7, COLUMN B AVERAGE HOURS PER WEEK OF TRUSTEES AS TRUSTEE, RUSSELL INVESTMENTS PROVIDES VARIOUS ADMINISTRATIVE SERVICES TO THE TRUST, SUCH AS ACTING AS ITS INVESTMENT MANAGER. THESE SERVICES REQUIRE THE INVOLVEMENT OF NUMEROUS INDIVIDUAL BANK EMPLOYEES IN THE ACTIVITIES OF THE ORGANIZATION AND THUS CAN NOT BE QUANTIFIED ON AN HOURLY BASIS, BUT INSTEAD ARE CALCULATED BASED UPON FACTORS SUCH AS THE MARKET VALUE OF THE ACCOUNT AND IN ACCORDANCE WITH RUSSELL INVESTMENT'S AGREEMENT WITH AGFIRST. ---------------------------------------- AGFIRST FARM CREDIT BANK 1901 MAIN STREET COLUMBIA SC 29201 571016947 BANK SC NA false FARM CREDIT BANK OF TEXAS 4801 PLAZA ON THE LAKE DRIVE AUSTIN TX 78746 741110170 BANK TX NA false PLAINS LAND BANK 5625 FULTON DRIVE AMARILLO TX 79109 750801803 BANK TX NA false AGCAROLINA FARM CREDIT FLCA 4000 POOLE ROAD RALEIGH NC 276102923 043734817 Bank NC NA C Corp false AG NEW MEXICO FCS FLCA 233 FAIRWAY TERRACE NORTH CLOVIS NM 881011328 850479897 BANK NM NA C Corp false ALABAMA FARM CREDIT FLCA 300 2ND AVENUE SW CULLMAN AL 35055 631010176 BANK AL NA C Corp false AGCREDIT ACA 610 W LYTLE STREET FOSTORIA OH 448303422 341691741 BANK OH NA C CORP false AGGEORGIA FARM CREDIT ACA 468 PERRY PARKWAY PERRY GA 310691820 581932704 BANK GA NA C CORP false AGSOUTH FARM CREDIT FLCA 146 VICTORY LANE STATESVILLE NC 28687 562148606 BANK NC NA C CORP false AGTEXAS FLCA 5004 N LOOP 289 LUBBOCK TX 79416 752911358 BANK TX NA C CORP false ALABAMA AG CREDIT FLCA 7480 HALCYON POINTE DRIVE SUITE 20 MONTGOMERY AL 36117 631009513 BANK AL NA C CORP false ARBORONE FLCA 800 WOODY JONES BLVD FLORENCE SC 29501 571132826 BANK SC NA C CORP false CAPITAL FARM CREDIT FLBA 3000 BRIARCREST DRIVE SUITE 601 BRYAN TX 77802 741110065 BANK TX NA C CORP false AGSOUTH FARM CREDIT FLCA 146 VICTORY LANE STATESVILLE NC 28687 562148606 BANK NC NA C CORP false CENTRAL KENTUCKY ACA 2429 MEMEBERS WAY LEXINGTON KY 40504 611171735 BANK KY NA C CORP false CENTRAL TEXAS LAND BANK FLCA 1026 EARLY BLVD EARLY TX 76803 750793124 BANK TX NA C CORP false COLONIAL FARM CREDIT FLCA 7104 MECHANICSVILLE TURNPIKE MECHANISVILLE VA 231113661 542014289 BANK VA NA C CORP false FARM CREDIT OF CENTRAL FL FLCA 204 EAST ORANGE STREET SUITE 200 LAKELAND FL 33801 562488202 BANK FL NA C CORP false FLORIDA FLBA FLCA 11903 SOUTHERN BLVD WEST PALM BEACH FL 33411 651053336 BANK FL NA C CORP false FARM CREDIT OF NORTHWEST FLORIDA 5052 HWY 90 EAST MARIANNA FL 32446 593687982 BANK FL NA C CORP false FC OF THE VIRGINIAS ACA 102 INDUSTRY WAY STAUNTON VA 24401 540756781 BANK VA NA C CORP false FCS BUILDING ASSOCIATION 1501 FARM CREDIT DRIVE MCLEAN VA 22102 521230451 BANK VA NA S CORP false FIRST SOUTH ACA 574 HIGHLAND COLONY PKWY STE 100 RIDGELAND MS 39157 720401331 BANK MS NA C CORP false HERITAGE LAND BANK FLCA 4608 KINSEY DRIVE SUITE 100 TYLER TX 757038025 750974381 BANK TX NA C CORP false LEGACY LAND BANK FLCA 303 CONNALLY STREET SULPHUR SPRINGS TX 75483 750817988 BANK TX NA C CORP false LONE STAR FLCA 13525 SANDALWOOD DRIVE WACO TX 76712 750816353 BANK TX NA C CORP false LOUISIANA FLBA FLCA 2413 TOWER DRIVE MONROE LA 71201 721154585 BANK LA NA C CORP false HORIZON FARM CREDIT 45 AILERON COURT WESTMINSTER MD 21157 522352599 BANK MD NA C CORP false MISSISSIPPI LAND BANK FLCA 5509 HWY 51 NORTH SENATOBIA MS 38668 640780067 BANK MS NA C CORP false RIVER VALLEY AGCREDIT ACA 2731 OLIVET CHURCH ROAD PADUCAH KY 42001 611154657 BANK KY NA C CORP false SOUTHERN AGCREDIT FLCA 306 COMMERCE CENTER DRIVE RIDGELAND MS 39157 640780234 BANK MS NA C CORP false SOUTHWEST GA FARM CREDIT ACA 305 COLQUITT HIGHWAY BAINBRIDGE GA 39817 581932698 BANK GA NA C CORP false TEXAS FARM CREDIT SERVICES 1307 DOMINION PLAZA TYLER TX 75703 742982715 BANK TX NA C CORP false false false false false false false false false false false false false false false false false false false true