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        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 2</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD MEMBERS ARE OFFICERS OF PROTECTIVE LIFE CORPORATION. PAUL WELLS - EVP, CFO OF PROTECTIVE LIFE CORPORATION (95-2492236) BARBARA PUGH - SR VP AND CHIEF ACCT OFFICER OF PROTECTIVE LIFE CORPORATION (95-2492236) WENDY EVESQUE - EXEC VP AND CHIEF HR OFFICER OF PROTECTIVE LIFE CORPORATION (95-2492236)</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 8A</FormAndLineReferenceDesc>
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        <ExplanationTxt>THERE WERE NO MEETINGS HELD OR WRITTEN ACTIONS TAKEN DURING THE YEAR RELATED TO THE MASTER WELFARE BENEFIT TRUST. THEREFORE, NO DOCUMENTATION EXISTS AS SUPPORT FOR 2023.</ExplanationTxt>
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        <ExplanationTxt>THE ORGANIZATION PROVIDED A DRAFT COPY OF FORM 990 FOR THE YEAR ENDED DECEMBER 31, 2023 WITH SUPPORTING SCHEDULES TO EACH TRUSTEE TO REVIEW PRIOR TO FILING.</ExplanationTxt>
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        <ExplanationTxt>THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.</ExplanationTxt>
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        <ExplanationTxt>SINCE THE TRUSTEES MEET THE VOLUNTEER EXCEPTION, NO COMPENSATION FROM RELATED ORGANIZATIONS WAS REPORTED. DUE TO THE VOLUNTEER EXCEPTION, THE ORGANIZATION CHECKED THE BOX IN PART VII, SECTION A, LINE 1A AND ANSWERED "NO" TO PART VII, SECTION A, LINE 4 WHICH RESULTED IN THE OMISSION OF SCHEDULE J FOR THE TRUST.</ExplanationTxt>
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