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Plan Information

  • Plan Year01/01/2009 — 12/31/2009
  • Date of Plan11/01/1953
  • Net Assets as of 12/31/2009 $2,360,666,463
  • Plan Number3
  • 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 Arrangement Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 12/31/2009

  • Active (Eligible) Participants10,086
  • Retired or separated participants receiving benefits1,074
  • Other retired or separated participants entitled to future benefits1,940
  • Subtotal13,100
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits34
  • Total13,134
  • Total number of participants as of 01/01/200911,438
  • Number of participants with account balances11,878
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested19


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

Sponsor Information

  • Address539 South Main Street
  • CityFindlay
  • StateOH
  • Zip45840-3295
  • Telephone(419) 422-2121
  • EIN25-1410539
  • Industry Code324110
  • Named AdministratorR. L. Sovine Jr

Plan Administrator Information

  • Administrator NameR. L. Sovine Jr.
  • AddressPo Box 3128
  • CityHouston
  • StateTX
  • Zip77253-3128
  • Telephone(713) 629-6600
  • Administrator EIN27-3212390

Audit Information

  • Audit StatusAudited
  • AuditorMcconnell & Jones LLP
  • Auditor EIN76-0488832
  • Audit OpinionUnqualified
  • Audit Type Full Audit

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.
2J Code section 401(k) feature A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
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.
3F Leased Employees Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.
3H Controlled Group Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

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 $40,000,000
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
Has the plan failed to provide any benefit when due under the plan? No
If this is an individual account plan, was there a blackout period? No
If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3? No


Income and Expense Statement

Income $539,852,486
Contributions $188,349,136
Cash Contributions $188,349,136
Cash from Employers $61,423,284
Cash from Participants $99,936,712
Others (including rollovers) $26,989,140
Noncash Contributions $0
Total Earnings on Investments $351,503,350
Total Interest $28,911,164
Interest-Bearing Cash $26,773,239
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $2,137,925
Interest from Other Investments $0
Total Dividends $23,635,923
Preferred Stock $0
Common Stock $7,235,956
Rents $0
Net gain (loss) on sale of assets $0
Aggregate Proceeds $0
Aggregate Carrying Amount $0
Total Unrealized Appreciation (depreciation) of assets $37,589,641
Real Estate $0
Other $37,589,641
Net investment gain (loss) from common/collective trusts $9,302,526
Net investment gain (loss) from pooled separate accounts $0
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 $252,064,096
Other Income $0
Expenses $179,809,842
Total Benefit Payments $179,809,842
Directly to participants or beneficiaries, including direct rollovers $179,809,842
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 $0
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $0
Net Income $360,042,644
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2009 12/31/2008 Change YOY
Total Assets $2,360,666,463 $1,987,207,086 18.79%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $419,873 $0 0.0%
Employer Contributions $0 $0 0.0%
Participant Contributions $0 $0 0.0%
Other Contributions $419,873 $0 0.0%
General Investments $186,696,099 $158,941,947 17.46%
Interest-bearing cash $186,696,099 $158,941,947 17.46%
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 $39,105,754 $34,580,167 13.09%
Value of interest in common/collective trusts $72,486,343 $0 0.0%
Value of interest in pooled separate accounts $0 $0 0.0%
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 $1,070,118,402 $778,243,490 37.50%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $762,991,650 $799,161,480 -4.53%
Employer-related Investments $228,848,342 $216,280,002 5.81%
Employer Securities $228,848,342 $216,280,002 5.81%
Employer Real Property $0 $0 0.0%
Buildings and other property used in plan operation $0 $0 0.0%
Total Liabilities $0 $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) $0 $0 0.0%
Net Assets $2,360,666,463 $1,987,207,086 18.79%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

There is no information on eligible indirect compensation for this plan.

Other Service Providers Receiving Direct or Indirect Compensation

Name Nature of Service Relationship to Plan Sponsor Direct Compensation Paid by Plan Indirect Compensation Paid by Plan Total Compensation
Fidelity Investments-See Attached Recordkeeping fees, Account maintenance fees, Securities brokerage commissions and fees Recordkeeper $279,957 $0 $279,957
Total $279,957 $0 $279,957

Indirect Compensation

There are no service providers with indirect compensation listed for this plan.

Service Providers Who Fail or Refuse to Provide Information

There are no service providers who failed or refused to provide information.

Termination Information on Accountants and Enrolled Actuaries

Name Position Explanation
Pricewaterhousecoopers LLP Accountants Mcconnell & Jones LLP, The New Auditor Is A Certified Public Accounting Firm, Which Is More Specialized In Employee Benefit Plan Audits. for This Reason, The Decision Was Made To Hire Mcconnell & Jones LLP.



No investments information available for this plan.

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.