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FORM 5500 DATA

H.D. Hudson Manufacturing Company Retirement Savings Plan

Overview

Plan Information

  • Plan Year01/01/2008 — 12/31/2008
  • Date of Plan01/01/2001
  • Net Assets as of 12/31/2008 $1,954,774
  • Plan Number10
  • Plan Type Single Employer
  • Is the plan collectively bargained? No
  • Did the plan file for an extension of time or the DFVC Program? No
  • Plan Funding ArrangementInsurance Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 12/31/2008

  • Active (Eligible) Participants154
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits45
  • Subtotal199
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total199
  • Total number of participants as of 01/01/2008197
  • Number of participants with account balances199
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested16
  • Number of participants required to be reported on Schedule SSA14

Expenses

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

Sponsor Information

  • Address500 N. Michigan Ave.
  • CityChicago
  • StateIL
  • Zip60611-3777
  • Telephone(312) 644-2830
  • EIN36-1243360
  • Industry Code333100
  • Named AdministratorI-Own;

Plan Administrator Information

  • Administrator NameSAME
  • Administrator EIN

Audit Information

  • Audit StatusAudited
  • AuditorErnst & Young LLP
  • Auditor EIN39-6565596
  • Audit OpinionUnqualified
  • Audit TypeLimited Scope 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.
3E Prototype plan A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion or notification letter; and under which a separate funding medium (for example, a separate trust or custodial account) is established for the use of each adopting employer.
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 $2,000,000
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

Financials

Income and Expense Statement

Income $-110,259
Contributions $689,165
Cash Contributions $689,165
Cash from Employers $280,457
Cash from Participants $408,708
Others (including rollovers) $0
Noncash Contributions $0
Total Earnings on Investments $-799,424
Total Interest $1,134
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $1,134
Interest from Other Investments $0
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 $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 $-800,558
Other Income $0
Expenses $110,283
Total Benefit Payments $89,011
Directly to participants or beneficiaries, including direct rollovers $89,011
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $21,272
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 $-220,542
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 $1,954,833 $2,175,704 -10.15%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $115 $1,047 -89.02%
Employer Contributions $115 $327 -64.83%
Participant Contributions $0 $720 -100.00%
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 $9,968 $14,358 -30.58%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $1,944,750 $2,160,299 -9.98%
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 $0 $0 0.0%
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 $59 $388 -84.79%
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) $59 $388 -84.79%
Net Assets $1,954,774 $2,175,316 -10.14%

Service Providers

Service Providers

There are no service providers listed for this plan.

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Transamerica Stable Value Adv Transamerica DFE: Pooled Separate Account $311,087
Vanguard Target Ret 2020 Transamerica DFE: Pooled Separate Account $219,049
Vanguard Target Ret 2025 Transamerica DFE: Pooled Separate Account $185,626
Vanguard Target Ret 2015 Transamerica DFE: Pooled Separate Account $162,233
Vanguard Target Ret 2035 Transamerica DFE: Pooled Separate Account $123,506
Wells Fargo Adv Small Cap Val Transamerica DFE: Pooled Separate Account $100,571
Vanguard Target Ret 2045 Transamerica DFE: Pooled Separate Account $94,016
Pioneer Cullen Value Transamerica DFE: Pooled Separate Account $90,412
Transamerica Ptnr Tret B Transamerica DFE: Pooled Separate Account $86,455
Vanguard Target 2030 Transamerica DFE: Pooled Separate Account $72,166
Thornburg Core Growth Transamerica DFE: Pooled Separate Account $69,416
Janus Adviser Intl Growth Transamerica DFE: Pooled Separate Account $67,602
Alliancebernstein Intl Value Transamerica DFE: Pooled Separate Account $64,246
Vanguard Target Ret 2040 Transamerica DFE: Pooled Separate Account $43,265
American Funds Grth Fund of Am Transamerica DFE: Pooled Separate Account $35,374
First American Small Cap Sel Transamerica DFE: Pooled Separate Account $32,343
Goldman Sachs Mid Cap Value Transamerica DFE: Pooled Separate Account $30,939
Columbia High Income Transamerica DFE: Pooled Separate Account $29,052
Evergreen Healthcare Transamerica DFE: Pooled Separate Account $24,853
Mutual Shares Transamerica DFE: Pooled Separate Account $23,821
Franklin Real Estate Sec Transamerica DFE: Pooled Separate Account $17,845
Vanguard Target Ret 2010 Transamerica DFE: Pooled Separate Account $15,274
Vanguard Target Ret 2050 Transamerica DFE: Pooled Separate Account $15,204
Ssga Mid-Cap Index Transamerica DFE: Pooled Separate Account $11,115
Diversified Inv Stock Index Transamerica DFE: Pooled Separate Account $9,912
Vanguard Small-Cap Index Transamerica DFE: Pooled Separate Account $5,186
Vanguard Target 2005 Transamerica DFE: Pooled Separate Account $4,181
Total $1,944,749

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
Transamerica Life Insurance Company 198
EIN 39-0989781
Industry Code 86231
Contract Number 998793-000
Contract Year 01/01/2008 — 12/31/2008
Value in General Account at Year End $0
Value in Separate Accounts at Year End $1,633,662
Insurance Fees and Commissions $9,706
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Paul Callahan 227 W. Monroe Street 34th Fl Chicago, IL 60603 Insurance Agent or Broker $5,910 $0
Megan Hanel 2155 West Big Beaver Road Mi1 TROY, MI 48084 $2,700 $0
Qualified Pension Professionals Inc 22W491 Arbor Lane Glen Ellyn, IL 60137 Third Party Administrator $0 $1,096 ADMINISTRATION
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 $67,752
Additions $269,793
Contributions Deposited during the year $96,766
Dividends and credits $0
Interest credited during the year $6,847
Transferred from separate account $166,180
Other $0
Total of Balance and Additions $337,545
Deductions $26,457
Disbursed from fund to pay benefits or purchase annuities during the year $15,000
Administration charge made by carrier $946
Transferred to Separate Account $2,317
Other $8,194
Balance at the end of the current year $311,088