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FORM 5500 DATA

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

Overview

Plan Information

  • Plan Year01/01/2012 — 12/31/2012
  • Date of Plan06/30/1966
  • Net Assets as of 12/31/2012 $16,941,149
  • 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 12/31/2012

  • Active (Eligible) Participants450
  • Retired or separated participants receiving benefits1
  • Other retired or separated participants entitled to future benefits34
  • Subtotal485
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total485
  • Total number of participants as of 01/01/2012427
  • Number of participants with account balances449
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested39

Expenses

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

Sponsor Information

  • Address433 South Main St., Suite 202
  • CityWest Hartford
  • StateCT
  • Zip06110
  • Telephone(860) 216-9500
  • EIN06-0704758
  • Industry Code423300
  • Named AdministratorVance W Harris
  • Named Plan SponsorVance W Harris

Audit Information

  • Audit StatusAudited
  • AuditorBlumshapiro
  • 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.
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 $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
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 $3,549,827
Contributions $1,699,406
Cash Contributions $1,699,406
Cash from Employers $0
Cash from Participants $1,123,193
Others (including rollovers) $576,213
Noncash Contributions $0
Total Earnings on Investments $1,778,083
Total Interest $101,095
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $12,116
Interest from Other Investments $88,979
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 $1,676,988
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 $72,338
Expenses $1,486,967
Total Benefit Payments $1,433,923
Directly to participants or beneficiaries, including direct rollovers $1,433,923
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $1,172
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $51,872
Professional Fees $0
Contract Administrator Fees $8,767
Investment Advisory and management fees $41,895
Other Administrative Fees $1,210
Net Income $2,062,860
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2012 12/31/2011 Change YOY
Total Assets $16,941,149 $14,878,289 13.86%
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 $276,161 $287,797 -4.04%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $12,967,901 $10,726,067 20.90%
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 $3,697,087 $3,864,425 -4.33%
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 $16,941,149 $14,878,289 13.86%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Massachusetts Mutual Life Ins. Co.

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. Investment management fees paid indirectly by plan, Sub-transfer agency fees, Distribution (12b-1) fees, Recordkeeping fees, Soft dollars commissions, Other investment fees and expenses Contract Administrator $51,872 $0 $51,872
Janney Montgomery Scott LLC Investment advisory (plan) Investment Advisor $0 $33,984 $33,984
Total $51,872 $33,984 $85,856

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
Massachusetts Mutual Life Ins. Co. Retiresmart 2010 Investment management fees paid indirectly by plan, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Retiresmart In Retirement Investment management fees paid indirectly by plan, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Retiresmart 2020 Investment management fees paid indirectly by plan, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Retiresmart 2030 Investment management fees paid indirectly by plan, Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Retiresmart 2040 Investment management fees paid indirectly by plan, 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 Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Mm S & P 500 Index Northern Trust Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Select Mid Cap Gr II Trp/Frontier Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Sel Large Cap Val Columbia/Huber Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Leveraged Co Stckfidelity Advisor Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Sel Blue Chip Growth T.Rowe Price Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Large-Cap Value Eaton Vance Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Mutual Beacon Franklin Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Intl Growth Adv Alliancebrnstein Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Retiresmart 2050 Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Select Pimco Total Return Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Small Cap Value Invesco Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Small Cap Select Nuveen Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Sel Mid Cap Val Nfj/Systematic Other investment fees and expenses Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Nfj International Value Allianz Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Companies Select Invesco Sub-transfer agency fees 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. Growth America American Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Spectrum Growth T. Rowe Price Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Large-Cap Growth Eaton Vance Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Charter Invesco Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. International Bond Ofi Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Mid Cap Value Perkins Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Value Thornburg Sub-transfer agency fees Basis Points * Plan Assets $0
Massachusetts Mutual Life Ins. Co. Developing Markets Ofi Sub-transfer agency fees Basis Points * Plan Assets $0
Janney Montgomery Scott LLC Massachusetts Mutual Life Ins. Co. Investment advisory (plan) Plan Related Expenses $33,984
*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

There is no termination information for this plan.

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Sia-Wa Sel Blue Chip Growth Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $1,231,756
Sia-Wf Select Mid Cap Gr II Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $1,193,856
Sia-Va Equity & Income Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $1,135,564
Sia-Wz Select Pimco Total Return Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $1,113,301
Sia-K1 Retiresmart 2020 Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $836,214
Sia-Wh Spectrum Growth Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $792,411
Sia-Hf Small Cap Value Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $714,927
Sia-X Mm S & P 500 Index Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $714,273
Sia-Nd Premier Global Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $697,532
Sia-I Premier Int'L Equity Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $648,963
Sia-K6 Retiresmart 2030 Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $591,054
Sia-M1 Retiresmart 2040 Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $450,038
Sia-Mp Sel Mid Cap Val Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $447,541
Sia-Eh Mutual Beacon Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $371,820
Sia-D7 Charter Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $355,352
Sia-Kp Small Cap Select Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $269,850
Sia-Id Large-Cap Value Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $257,901
Sia-Ol Nfj International Value Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $228,679
Sia-Qg Companies Select Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $202,064
Sia-Vi Leveraged Co Stck Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $159,555
Sia-H5 Retiresmart 2050 Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $114,691
Sia-Cw International Bond Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $113,339
Sia-Ch Intl Growth Adv Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $95,691
Sia-J6 Retiresmart 2010 Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $95,250
Sia-C Developing Markets Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $88,229
Sia-Ti Mid Cap Value Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $30,836
Sia-Ge Large-Cap Growth Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $11,177
Sia-J1 Retiresmart In Retirement Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $6,037
Sia-Gw Growth America Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $0
Sia-Cl Value Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $0
Sia-J Sel Large Cap Val Massachusetts Mutual Life Insurance DFE: Pooled Separate Account $0
Total $12,967,901

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
Massachusetts Mutual Life Insurance Company 485
EIN 04-1590850
Industry Code 65935
Contract Number SF 51071
Contract Year 01/01/2012 — 12/31/2012
Value in General Account at Year End $0
Value in Separate Accounts at Year End $12,967,901
Insurance Fees and Commissions $0
Persons Receiving Commissions and Fees There are no brokers listed for this plan.
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 $3,366,546
Additions $2,207,811
Contributions Deposited during the year $1,123,142
Dividends and credits $0
Interest credited during the year $88,979
Transferred from separate account $273,965
Other $721,725
Total of Balance and Additions $5,574,357
Deductions $2,447,487
Disbursed from fund to pay benefits or purchase annuities during the year $806,890
Administration charge made by carrier $12,247
Transferred to Separate Account $1,606,348
Other $22,002
Balance at the end of the current year $3,126,870