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FORM 5500 DATA

Ainsworth Pet Nutrition Profit Sharing/401k Plan

Overview

Plan Information

  • Plan Year01/01/2009 — 12/31/2009
  • Date of Plan10/25/1961
  • Net Assets as of 12/31/2009 $30,168,236
  • Plan Number1
  • Plan Type Single Employer
  • Is the plan collectively bargained? No
  • Did the plan file for an extension of time or the DFVC Program?Yes
  • Report Description This is an amended report.
  • Plan Funding Arrangement Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 12/31/2009

  • Active (Eligible) Participants262
  • Retired or separated participants receiving benefits8
  • Other retired or separated participants entitled to future benefits21
  • Subtotal291
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits1
  • Total292
  • Total number of participants as of 01/01/2009265
  • Number of participants with account balances286
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested20

Expenses

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

Sponsor Information

  • Address18746 Mill Street
  • CityMeadville
  • StatePA
  • Zip16335
  • Telephone(800) 458-1801
  • EIN25-1235222
  • Industry Code311110
  • Named AdministratorJoy Sherry

Plan Administrator Information

  • Administrator NameDads Products Company, Inc
  • Address18746 Mill Street
  • CityMeadville
  • StatePA
  • Zip16335
  • Telephone(800) 458-1801
  • Administrator EIN25-1235222

Audit Information

  • Audit StatusAudited
  • AuditorMalin, Bergquist and Company, LLP
  • Auditor EIN25-1249913
  • 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.
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? Yes $427
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 $1,000,000
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? No
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 $9,111,543
Contributions $3,476,970
Cash Contributions $3,476,970
Cash from Employers $2,339,523
Cash from Participants $1,129,204
Others (including rollovers) $8,243
Noncash Contributions $0
Total Earnings on Investments $5,634,573
Total Interest $1,505
Interest-Bearing Cash $1,505
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $0
Interest from Other Investments $0
Total Dividends $303,315
Preferred Stock $0
Common Stock $8,819
Rents $0
Net gain (loss) on sale of assets $119,729
Aggregate Proceeds $792,059
Aggregate Carrying Amount $672,330
Total Unrealized Appreciation (depreciation) of assets $126,394
Real Estate $0
Other $126,394
Net investment gain (loss) from common/collective trusts $125,057
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 $4,958,573
Other Income $0
Expenses $1,306,470
Total Benefit Payments $1,257,267
Directly to participants or beneficiaries, including direct rollovers $1,257,267
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $49,068
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $135
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $135
Net Income $7,805,073
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 $30,217,304 $22,363,163 35.12%
Total noninterest-bearing cash $0 $185 -100.00%
Receivables $1,930,000 $295,514 553.10%
Employer Contributions $1,930,000 $295,514 553.10%
Participant Contributions $0 $0 0.0%
Other Contributions $0 $0 0.0%
General Investments $4,096,702 $4,344,066 -5.69%
Interest-bearing cash $4,096,702 $4,344,066 -5.69%
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 $555,674 $352,055 57.84%
Preferred $0 $0 0.0%
Common $555,674 $352,055 57.84%
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 $0 $0 0.0%
Value of interest in common/collective trusts $3,824,493 $2,637,627 45.00%
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 $19,810,435 $14,733,716 34.46%
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 $49,068 $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) $49,068 $0 0.0%
Net Assets $30,168,236 $22,363,163 34.90%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Fidelity Investments Institutional

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 Institutional Recordkeeping fees, Account maintenance fees, Securities brokerage commissions and fees, Sub-transfer agency fees Recordkeeper $8,044 $0 $8,044
Total $8,044 $0 $8,044

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
Fidelity Investments Institutional Aim Asia Pac Gr A - Invesco Trimark Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Amcent Infl Adj Bd A - American Cen Sub-transfer agency fees 0.25% $0
Fidelity Investments Institutional Blkrk Intl Opp A - Pnc Global Inves Sub-transfer agency fees 0.25% $0
Fidelity Investments Institutional Dreyfus S and P 500 Indx - Dreyfus Sub-transfer agency fees 0.15% $0
Fidelity Investments Institutional Perkins Mid Cp Val S - Janus Servic Sub-transfer agency fees 0.25% $0
Fidelity Investments Institutional Pim Total Return A - Boston Financi Sub-transfer agency fees 0.25% $0
Fidelity Investments Institutional Pioneer Cullen Val A - Pioneer Inve Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Rs Partners A - Boston Financial Da Sub-transfer agency fees 0.25% $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

There is no termination information for this plan.

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Fa Stable Value Fidelity Management Trust Company DFE: Common/Collective Trust $3,824,493
Total $3,824,493

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.