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Plan Information

  • Plan Year01/01/2008 — 12/31/2008
  • Date of Plan04/01/1074
  • Net Assets as of 12/31/2008 $3,651,822
  • Plan Number2
  • Plan Type Single Employer
  • Is the plan collectively bargained?Yes
  • Did the plan file for an extension of time or the DFVC Program?Yes
  • Plan Funding ArrangementInsurance Trust
  • Plan Benefit ArrangementInsurance Trust

Participant Information as of 12/31/2008

  • Active (Eligible) Participants112
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits7
  • Subtotal119
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total119
  • Total number of participants as of 01/01/2008129
  • Number of participants with account balances119
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested0
  • Number of participants required to be reported on Schedule SSA1


  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • Address1035 N. Warhington Ave.
  • CityScranton
  • StatePA
  • Zip18509-2917
  • Telephone(570) 348-2511
  • EIN24-0637695
  • Industry Code812990
  • Named AdministratorRcf Rn Ic Ir,
  • Named Plan Sponsor0 14^

Plan Administrator Information

  • Administrator NameSamp.
  • Administrator EIN

Audit Information

  • Audit StatusAudited
  • AuditorBlugrad Mp:Rkml Ouinn & Associates
  • Auditor EIN23-2226550
  • Audit Opinion Disclaimer

Benefits Provided Under the Plan

Code Benefit Description
2E Profit-sharing A defined contribution plan that allows employer discretionary contributions. These plans often contain a 401(k) feature.
2F ERISA section 404(c) Plan This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
2G Total participant-directed account plan Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2K Code section 401(m) arrangement Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contributions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
3G One-participant plan A plan without employees as defined in 29 CFR 2510.3-3(b).

Questions and Answers

Question Answer Amount
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No
Were any leases to which the plan was a party in default or classified during the year as uncollectible? No
Were there any nonexempt transactions with any party-in-interest? No
Was this plan covered by a fidelity bond? Yes $500,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan have assets held for investment? Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? No
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No


Income and Expense Statement

Income $-884,931
Contributions $394,844
Cash Contributions $394,844
Cash from Employers $94,328
Cash from Participants $300,516
Others (including rollovers) $0
Noncash Contributions $0
Total Earnings on Investments $-1,279,775
Total Interest $35,989
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $12,777
Interest from Other Investments $23,212
Total Dividends $0
Preferred Stock $0
Common Stock $0
Rents $0
Net gain (loss) on sale of assets $0
Aggregate Proceeds $0
Aggregate Carrying Amount $0
Total Unrealized Appreciation (depreciation) of assets $0
Real Estate $0
Other $0
Net investment gain (loss) from common/collective trusts $0
Net investment gain (loss) from pooled separate accounts $-1,315,764
Net investment gain (loss) from master trust investment accounts $0
Net investment gain (loss) from 103-12 investment entities $0
Net investment gain (loss) from registered investment companies $0
Other Income $0
Expenses $227,141
Total Benefit Payments $224,135
Directly to participants or beneficiaries, including direct rollovers $224,135
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $0
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $3,006
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $3,006
Net Income $0
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2008 12/31/2007 Change YOY
Total Assets $3,667,759 $4,163,894 -11.92%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $357 $1,007 -64.55%
Employer Contributions $357 $1,007 -64.55%
Participant Contributions $0 $0 0.0%
Other Contributions $0 $0 0.0%
General Investments $0 $0 0.0%
Interest-bearing cash $0 $0 0.0%
U.S. Government Securities $0 $0 0.0%
Corporate Debt Instruments $0 $0 0.0%
Preferred $0 $0 0.0%
All Other $0 $0 0.0%
Corporate Stocks $0 $0 0.0%
Preferred $0 $0 0.0%
Common $0 $0 0.0%
Partnership/joint venture interests $0 $0 0.0%
Real estate (other than employer real property) $0 $0 0.0%
Loans (other than to participants) $0 $0 0.0%
Participants Loans $234,469 $129,962 80.41%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $2,779,275 $4,058,778 -31.52%
Value of interest in master trust investment accounts $0 $0 0.0%
Value of interest in 103-12 investment entities $0 $0 0.0%
Value of interest in registered investment companies $0 $0 0.0%
Value of funds held in insurance co. general account $653,658 $574,147 13.85%
Other Investments $0 $0 0.0%
Employer-related Investments $0 $0 0.0%
Employer Securities $0 $0 0.0%
Employer Real Property $0 $0 0.0%
Buildings and other property used in plan operation $0 $0 0.0%
Total Liabilities $15,937 $0 0.0%
Benefit Claims Payable (1) $0 $0 0.0%
Operating Payables (1) $0 $0 0.0%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $15,937 $0 0.0%
Net Assets $3,651,822 $4,763,894 -23.34%

Service Providers

Service Providers

There are no service providers listed for this plan.



Name of Investment Investment Manager Type of Investment Dollar Value
Oakmark Equity & Incomv Prtjl)P.Ntiat, Rrtirvmrnt Ins. DFE: Pooled Separate Account $492,933
Lge Cp Vat./Lsv Asset Mgmt Prudfmttat. Rptifw-M8-Nt Ins. DFE: Pooled Separate Account $406,026
Lc Gr/Turner Inv Partners Prudential Retirv.M -Nt Ins. DFE: Pooled Separate Account $405,800
Corp. Plus Bond/Pim(;0 Prudential Rftirkm014T Ins. DFE: Pooled Separate Account $368,707
Thornburg Intl Value R3 Prudentiat. Retiremp:Nt Ins. DFE: Pooled Separate Account $299,339
Sm Cap Growth/Essex Prudential Prtipfmkwt Ins- DFE: Pooled Separate Account $197,177
Smai-L Valtje/Gpus Capitai. Pruventtat. Prtirfmp.Nt Ins. DFE: Pooled Separate Account $184,751
Victory Div Stock Fund Pruijp.Nttat. Rp-Tirkmp-Nt Ins. DFE: Pooled Separate Account $111,117
Msif Trust Mtd Cap Value Prtjl)F.Nttat, Retirf.Mknt Ins. DFE: Pooled Separate Account $57,983
Mid Cap Vat.Ue/Integrity Prtjdenttat. Retirfmpiy'I' Ins. DFE: Pooled Separate Account $55,392
Wad&Reed Anv Sci & Tech Prudfntiat, Retirf.Mp.Nt Ins. DFE: Pooled Separate Account $52,112
Mid Cap Gr/Timp.Ssquare Kii Prtjdenttat. Retiffmknt Ins. DFE: Pooled Separate Account $31,555
Dryden S&P 500 Index K'L)Ni) Prvj,)Entiat. Pftlrf-Mp-Nt Ins. DFE: Pooled Separate Account $30,198
Oppenheimp.R Glorat. Njnd Prui)F.Nttat. Rftirkmp.Nt Ins. DFE: Pooled Separate Account $27,506
T Rowe Price Gr Stk R Shr Prudentiat. Retirpmvnt Ins. DFE: Pooled Separate Account $24,689
Lord Arb Sm Cap Bt.P:Nii P Prtjijfaftiat. Retirpmfijt Ims. DFE: Pooled Separate Account $23,851
Am Centijry Reat, Estate A Prudential Retiremp:Nt Ins. DFE: Pooled Separate Account $5,144
Ia.;V/R]Krrow Hanley Fund Prulowtial Fzftir*-:Mknt Ins. DFE: Pooled Separate Account $3,679
Ikx Lt Inc & Eqlfity K'V Prudential Retipp;Mf.Nt Ins. DFE: Pooled Separate Account $761
:Dryden International Gr Prudential Retiri-.Mf.Nt Ins. DFE: Pooled Separate Account $555
Total $2,779,275

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
Prudential Retirfmfnt Insurance & Annuity Company 119
EIN 06-1050034
Industry Code 63629
Contract Number 3995Z
Contract Year 01/01/2008 — 12/31/2008
Value in General Account at Year End $653,658
Value in Separate Accounts at Year End $2,779,275
Insurance Fees and Commissions $0
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Quareecur, Inc. Other $0 $0 RVICES TO INSURER OR PIAN
Allocated Funds
Type of Contract Unspecified
Basis of premium rates
Premiums paid to carrier $0
Premiums due but unpaid at the end of the year $0
If the carrier, service, or other organization incurred any specific costs in connection with the acquisition or retention of the contract or policy, enter amount $0
Specify the nature of the costs
Unallocated Funds
Type of Contract Guaranteed Investment,
Balance at the end of the previous year $0
Additions $235,490
Contributions Deposited during the year $60,346
Dividends and credits $23,212
Interest credited during the year $0
Transferred from separate account $0
Other $151,932
Total of Balance and Additions $809,637
Deductions $155,979
Disbursed from fund to pay benefits or purchase annuities during the year $143,946
Administration charge made by carrier $429
Transferred to Separate Account $0
Other $11,604
Balance at the end of the current year $653,658