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FORM 5500 DATA

Associated Banc-Corp 401k & Employee Stock Ownership Plan

Overview

Plan Information

  • Plan Year01/01/2006 — 12/31/2006
  • Date of Plan01/01/1987
  • Net Assets as of 12/31/2006 $460,125,155
  • Plan Number2
  • 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 ArrangementInsurance Trust

Participant Information as of 12/31/2006

  • Active (Eligible) Participants4,953
  • Retired or separated participants receiving benefits65
  • Other retired or separated participants entitled to future benefits1,659
  • Subtotal6,677
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits3
  • Total6,680
  • Total number of participants as of 01/01/20066,402
  • Number of participants with account balances5,929
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested166
  • Number of participants required to be reported on Schedule SSA404

Expenses

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

Sponsor Information

  • Address1200 Hansen Rd
  • CityGreen Bay
  • StateWI
  • Zip54304-5448
  • Telephone(920) 491-7018
  • EIN39-1098068
  • Industry Code551111
  • Named AdministratorKaren Garvey
  • Named Plan SponsorKaren Garvey

Plan Administrator Information

  • Administrator NameSAME
  • Administrator EIN

Audit Information

  • Audit StatusAudited
  • AuditorKpmg, LLP
  • Auditor EIN13-5565207
  • 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.
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.
2O ESOP other than a leveraged ESOP An Employee Stock Ownership Plan (ESOP) is a type of employee benefit plan designed to invest primarily in employer stock.

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 $25,000,000
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 $68,009,765
Contributions $20,436,236
Cash Contributions $20,436,236
Cash from Employers $4,430,191
Cash from Participants $13,695,301
Others (including rollovers) $2,310,744
Noncash Contributions $0
Total Earnings on Investments $47,584,041
Total Interest $95,048
Interest-Bearing Cash $6,430
U.S. Government Securities $2,633
Corporate Debt Instruments $4,214
Loans (other than to participants) $0
Participant Loans $81,771
Interest from Other Investments $0
Total Dividends $5,590,080
Preferred Stock $0
Common Stock $5,590,080
Rents $0
Net gain (loss) on sale of assets $9,504,502
Aggregate Proceeds $36,335,645
Aggregate Carrying Amount $26,831,143
Total Unrealized Appreciation (depreciation) of assets $1,586,520
Real Estate $0
Other $1,586,520
Net investment gain (loss) from common/collective trusts $16,815,876
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 $13,992,015
Other Income $-10,512
Expenses $48,123,970
Total Benefit Payments $46,916,616
Directly to participants or beneficiaries, including direct rollovers $46,897,538
To insurance carriers for the provision of benefits $19,078
Other Benefit Payment Fees $0
Corrective Distributions $31,908
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $1,175,446
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $1,155,341
Other Administrative Fees $20,105
Net Income $19,885,795
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2006 12/31/2005 Change YOY
Total Assets $462,170,959 $430,157,149 7.44%
Total noninterest-bearing cash $-586 $-2,458 -76.16%
Receivables $6,525,350 $12,315,096 -47.01%
Employer Contributions $4,430,191 $11,184,127 -60.39%
Participant Contributions $467 $-1,536 -130.40%
Other Contributions $2,094,692 $1,132,505 84.96%
General Investments $141,946 $78,278 81.34%
Interest-bearing cash $67,875 $29,013 133.95%
U.S. Government Securities $74,071 $49,265 50.35%
Corporate Debt Instruments $98,900 $49,313 100.56%
Preferred $0 $0 0.0%
All Other $98,900 $49,313 100.56%
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 $1,260,599 $1,427,265 -11.68%
Value of interest in common/collective trusts $187,718,394 $169,313,476 10.87%
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 $103,650,195 $80,646,693 28.52%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $168,050 $171,152 -1.81%
Employer-related Investments $162,608,111 $166,158,334 -2.14%
Employer Securities $162,608,111 $166,158,334 -2.14%
Employer Real Property $0 $0 0.0%
Buildings and other property used in plan operation $0 $0 0.0%
Total Liabilities $2,045,804 $2,366,284 -13.54%
Benefit Claims Payable (1) $1,475,857 $2,366,284 -37.63%
Operating Payables (1) $234,898 $0 0.0%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $335,049 $0 0.0%
Net Assets $460,125,155 $427,790,865 7.56%

Service Providers

Service Providers

Name Nature of Service Relationship to Plan Sponsor Gross Salary or Allowances Paid by Plan Fees and Commissions Paid by Plan Total Salary/Fees
Associated Trust Company Trustee (Corporate) $0 $1,155,341 $1,155,341
Mailhaus Printing/Duplicating $0 $20,105 $20,105
Total $0 $1,175,446 $1,175,446

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Abc Common Stock Fund Associated Trust Company, N.A. DFE: Common/Collective Trust $162,608,111
Associated Growth Lifestage Fund Associated Trust Company, N.A. DFE: Common/Collective Trust $52,958,561
Associated Balanced Lifestage Fund Associated Trust Company, N.A. DFE: Common/Collective Trust $46,975,097
Money Market Common Trust Fund Associated Trust Company, N.A. DFE: Common/Collective Trust $32,925,877
Assoc. Intermediate Term Bond Fund Associated Trust Company, N.A. DFE: Common/Collective Trust $15,990,388
Assoc. Common Stock Fund Associated Trust Company, N.A. DFE: Common/Collective Trust $10,407,207
Assoc. Emerging Growth Fund Associated Trust Company, N.A. DFE: Common/Collective Trust $10,047,592
Assoc. Foreign Equity Fund Associated Trust Company, N.A. DFE: Common/Collective Trust $7,881,313
Assoc. Growth Balanced Lifestage Associated Trust Company, N.A. DFE: Common/Collective Trust $6,344,622
Associated Equity Income Fund Associated Trust Company, N.A. DFE: Common/Collective Trust $2,885,998
Assoc Conserv Balanced Lifestage Associated Trust Company, N.A. DFE: Common/Collective Trust $986,667
Associated Short Term Bond Fund Associated Trust Comapany, N.A. DFE: Common/Collective Trust $315,071
Total $350,326,504

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
Penn Mutual Life 18
EIN
Industry Code
Contract Number 8108
Contract Year 01/01/2006 — 12/31/2006
Value in General Account at Year End $0
Value in Separate Accounts at Year End $0
Insurance Fees and Commissions $0
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
William Mueller 3091 Voyager Drive Green Bay, WI 54311 Insurance Agent or Broker $0 $0
Allocated Funds
Type of Contract Individual Policies
Basis of premium rates Insurance Company Rate Books
Premiums paid to carrier $6,971
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 Unspecified
Balance at the end of the previous year $0
Additions $0
Contributions Deposited during the year $0
Dividends and credits $0
Interest credited during the year $0
Transferred from separate account $0
Other $0
Total of Balance and Additions $0
Deductions $0
Disbursed from fund to pay benefits or purchase annuities during the year $0
Administration charge made by carrier $0
Transferred to Separate Account $0
Other $0
Balance at the end of the current year $0
The Guardian Life Insurance 12
EIN
Industry Code
Contract Number PL/PK688
Contract Year 01/01/2006 — 12/31/2006
Value in General Account at Year End $0
Value in Separate Accounts at Year End $0
Insurance Fees and Commissions $0
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
William Mueller 3091 Voyager Drive Green Bay, WI 54311 Insurance Agent or Broker $0 $0
Allocated Funds
Type of Contract Individual Policies
Basis of premium rates Supplied To Dol By Guardian Life In
Premiums paid to carrier $9,742
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 Unspecified
Balance at the end of the previous year $0
Additions $0
Contributions Deposited during the year $0
Dividends and credits $0
Interest credited during the year $0
Transferred from separate account $0
Other $0
Total of Balance and Additions $0
Deductions $0
Disbursed from fund to pay benefits or purchase annuities during the year $0
Administration charge made by carrier $0
Transferred to Separate Account $0
Other $0
Balance at the end of the current year $0
General American Life 5
EIN 43-0285930
Industry Code 63665
Contract Number 10732
Contract Year 01/01/2006 — 12/31/2006
Value in General Account at Year End $0
Value in Separate Accounts at Year End $0
Insurance Fees and Commissions $0
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Michael M. Nicholson 6408 Clovernook Rd. Middleton, WI 53562 Insurance Agent or Broker $0 $0
Allocated Funds
Type of Contract Individual Policies
Basis of premium rates Insurance Carrier Rates
Premiums paid to carrier $2,365
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 Unspecified
Balance at the end of the previous year $0
Additions $0
Contributions Deposited during the year $0
Dividends and credits $0
Interest credited during the year $0
Transferred from separate account $0
Other $0
Total of Balance and Additions $0
Deductions $0
Disbursed from fund to pay benefits or purchase annuities during the year $0
Administration charge made by carrier $0
Transferred to Separate Account $0
Other $0
Balance at the end of the current year $0