GLOBAL AEROSPACE INC POST RETIREMENT MEDICAL TRUST
ONE SYLVAN WAY NO 3RD FL, PARSIPPANY, NJ 07054 www.global-aero.com

Total Revenue
$308,860
Total Expenses
$660,705
Net Assets
$4,349,883

Organizations Filed Purposes: TO PROVIDE MEDICAL, PRESCRIPTION, VISION, AND DENTAL BENEFITS TO PARTICIPANTS AS PROVIDED IN THE GLOBAL AEROSPACE POST-RETIREMENT MEDICAL PLAN

THE TRUST WAS FORMED JANUARY 1, 2017 WITH THE PURPOSE OF PROVIDING MEDICAL, PRESCRIPTION, VISION, AND DENTAL BENEFITS TO PARTICIPANTS OF THE GLOBAL AEROSPACE POSTRETIREMENT MEDICAL PLAN. EXCEPT TO THE EXTENT RECOVERABLE UNDER SECTION 403 OF ERISA, AND SUBJECT TO THE PROVISIONS OF THE PLAN DOCUMENT, THE TRUST ALONG WITH ALL EARNINGS ARE TO BE USED EXCLUSIVELY FOR THE BENEFIT OF THE PLAN PARTICIPANTS, AND EXPENSES OF THE TRUST. FUTURE ACTIVITIES ARE DESCRIBED IN THE PLAN DOCUMENT AS FOLLOWS: THE COMPANY SHALL, FROM TIME TO TIME, EVALUATE THE FUNDING OF THE PLAN AND DETERMINE THE AMOUNT TO BE CONTRIBUTED BY THE COMPANY. THE COMPANY SHALL FUND THE PLAN IN A MANNER CONSISTENT WITH THE PROVISIONS OF THE CODE, ERISA, APPROPRIATE STATE INSURANCE STATUTES AND SUCH OTHER LAWS AND REGULATIONS AS MAY BE APPLICABLE SO THAT THE PLAN SHALL BE FUNDED ON A LAWFUL BASIS. TO THE EXTENT PERMITTED BY GOVERNING LAW, THE COMPANY SHALL BE FREE TO DETERMINE THE MANNER AND MEANS OF MAKING PROVISION FOR FUNDING THE PLAN, INCLUDING THE EXECUTION OF ONE OR MORE FUNDING AGREEMENTS SETTING FORTH MUTUALLY ACCEPTABLE TERMS AND CONDITIONS WITH RESPECT TO THE COMPANY'S CONTRIBUTIONS TO THE PLAN, INCLUDING WITHOUT LIMITATION, PROVISIONS SPECIFYING THE MANNER IN WHICH THE AMOUNT OF THE OBLIGATION SHALL BE DETERMINED AND PAID TO THE TRUST. THE TRUSTEES WILL HOLD, INVEST AND REINVEST THE TRUST FUND ASSETS, AND DISTRIBUTE OR TRANSFER ASSETS OF THE FUND AS DIRECTED BY THE COMPANY OR SERVICE ADMINISTRATOR.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Luann CentanniTRUSTEE1$0
Anthony MoschettaTRUSTEE1$0
John G KellyTRUSTEE1$0
Jeffrey S BrunoTRUSTEE1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202013099349301751_public.xml