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FORM 5500 DATA

A. H. Harris & Sons, Inc. Retirement Plan

Overview

Plan Information

  • Plan Year01/01/2009 — 12/31/2009
  • Date of Plan06/30/1966
  • Net Assets as of 12/31/2009 $13,633,417
  • 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?Yes
  • Plan Funding ArrangementInsurance Trust
  • Plan Benefit ArrangementInsurance Trust

Participant Information as of 12/31/2009

  • Active (Eligible) Participants387
  • Retired or separated participants receiving benefits1
  • Other retired or separated participants entitled to future benefits31
  • Subtotal419
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total419
  • Total number of participants as of 01/01/2009496
  • Number of participants with account balances395
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested69

Expenses

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

Sponsor Information

  • Address367 Alumni Road
  • CityNewington
  • StateCT
  • Zip06111
  • Telephone(860) 665-9494
  • EIN06-0704758
  • Industry Code423300
  • Named AdministratorVance W Harris
  • Named Plan SponsorVance W Harris

Plan Administrator Information

  • Administrator NameA. H. Harris & Sons, Inc.
  • Address367 Alumni Road
  • CityNewington
  • StateCT
  • Zip06111
  • Telephone(860) 665-9494
  • Administrator EIN06-0704758

Audit Information

  • Audit StatusAudited
  • AuditorBlum, Shapiro & Company, P.C.
  • Auditor EIN06-1009205
  • Audit Opinion Disclaimer
  • 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.
2S Automatic Enrollment Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
2T Participant-directed Account Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
3D Master plan A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

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? Yes
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

Financials

Income and Expense Statement

Income $3,828,977
Contributions $1,202,552
Cash Contributions $1,202,552
Cash from Employers $135,990
Cash from Participants $1,066,352
Others (including rollovers) $210
Noncash Contributions $0
Total Earnings on Investments $2,626,425
Total Interest $113,587
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $13,206
Interest from Other Investments $100,381
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 $2,512,838
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 $1,050,201
Total Benefit Payments $985,087
Directly to participants or beneficiaries, including direct rollovers $985,087
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $6,390
Certain deemed distributions of participant loans $405
Interest expense $0
Total Administrative Expenses $58,319
Professional Fees $0
Contract Administrator Fees $11,531
Investment Advisory and management fees $46,532
Other Administrative Fees $256
Net Income $2,778,776
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 $13,633,417 $10,854,641 25.60%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $0 $0 0.0%
Employer Contributions $0 $0 0.0%
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 $244,403 $213,398 14.53%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $10,179,401 $7,992,314 27.36%
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 $3,209,613 $2,648,929 21.17%
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 $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 $13,633,417 $10,854,641 25.60%

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
Massachusetts Mutual Life Ins. Co. Trustee (discretionary), Investment management fees paid indirectly by plan, Distribution (12b-1) fees, Other investment fees and expenses, Other fees Contract Administrator $58,319 $0 $58,319
Total $58,319 $0 $58,319

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
Massachusetts Mutual Life Ins. Co. Select Diversified Valallncbrnstn Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Destination Retirement 2010 Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Destination Retirement Income Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Destination Retirement 2020 Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Destination Retirement 2030 Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Destination Retirement 2040 Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Premier Int'L Equity Ofi Inst Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Equity & Income Oakmark Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Select Indexed Eqty Northrn Trust Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Select Mid Cap Gr II T.Rowe Price Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Select Large Cap Value Davis Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Leveraged Co Stckfidelity Advisor Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Premier Small Cap Value Ofi Inst Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Large-Cap Value Eaton Vance Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Mutual Beacon Franklin Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Intl Growth Adv Alliancebrnstein Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Select Strategic Bond Western Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Destination Retirement 2050 Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Total Return Pimco Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Small Cap Value Van Kampen Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Small Cap Select First American Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Sel Mid Cap Val C & B/Systematic Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Nfj International Value Allianz Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Trimark Small Companies Aim Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Premier Global Ofi Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Premier Capital Appreciation Ofi Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Growth America American Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Spectrum Growth T. Rowe Price Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Blue Brandywine Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Equity Growth American Century Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Strategic Income Ofi Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. International Bond Ofi Distribution (12b-1) fees, Other investment fees and expenses, Other fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Mid Cap Value Perkins Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Value Thornburg Distribution (12b-1) fees, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Developing Markets Ofi Distribution (12b-1) fees, Other investment fees and expenses, Other fees Basis Points * Plan Assets $0
*As outlined by the Form 5500 Instructions for service providers with indirect compensation.

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
Gitlincampise LLC Accountant Costs; Consolidation of Audits

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Sia-Va Equity & Income Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $1,080,622
Sia-Wf Select Mid Cap Gr II Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $910,440
Sia-Nd Premier Global Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $846,552
Sia-Nc Premier Capital Appreciation Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $763,122
Sia-Wz Total Return Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $719,310
Sia-I Premier Int'L Equity Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $672,240
Sia-Wh Spectrum Growth Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $647,976
Sia-Mp Sel Mid Cap Val Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $584,650
Sia-X Select Indexed Eqty Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $526,336
Sia-Gw Growth America Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $522,481
Sia-Hf Small Cap Val Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $456,642
Sia-K1 Destination Retirement 2020 Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $445,216
Sia-J Select Large Cap Value Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $380,686
Sia-K6 Destination Retirement 2030 Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $252,626
Sia-Eh Mutual Beacon Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $249,582
Sia-Kp Small Cap Select Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $237,484
Sia-M1 Destination Retirement 2040 Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $235,659
Sia-Ol Nfj International Value Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $130,127
Sia-Vi Leveraged Co Stck Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $109,748
Sia-Ch Intl Growth Adv Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $92,501
Sia-Id Large-Cap Value Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $73,759
Sia-J6 Destination Retirement 2010 Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $69,738
Sia-Cw International Bond Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $62,881
Sia-Qg Small Companies Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $42,256
Sia-J1 Destination Retirement Incom Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $24,632
Sia-H5 Destination Retirement 2050 Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $20,467
Sia-Fm Blue Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $10,166
Sia-Cl Value Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $9,490
Sia-C Developing Markets Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $1,980
Sia-Ti Mid Cap Value Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $33
Sia-Ns Premier Small Cap Value Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $0
Sia-N8 Strategic Income Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $0
Sia-Wj Equity Growth Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $0
Sia-Mk Sel Dvrsfd Val Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $0
Sia-Te Select Strategic Bond Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $0
Total $10,179,402

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
Massachusetts Mutual Life Insurance Company 419
EIN 04-1590850
Industry Code 65935
Contract Number SF 51071
Contract Year 01/01/2009 — 12/31/2009
Value in General Account at Year End $0
Value in Separate Accounts at Year End $10,179,401
Insurance Fees and Commissions $34,965
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Icc Ins Agency Inc 230 Broadway Ste 203 Lynnfield, MA 01940 Agent or Broker other than Insurance $34,965 $0
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 GROUP ANNUITY CONTRACT
Balance at the end of the previous year $2,648,929
Additions $1,836,321
Contributions Deposited during the year $1,202,342
Dividends and credits $0
Interest credited during the year $100,381
Transferred from separate account $374,696
Other $158,902
Total of Balance and Additions $4,485,250
Deductions $1,275,637
Disbursed from fund to pay benefits or purchase annuities during the year $150,239
Administration charge made by carrier $15,255
Transferred to Separate Account $1,083,057
Other $27,086
Balance at the end of the current year $3,209,613