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Overview

Plan Information

  • Plan Year07/01/2010 — 06/30/2011
  • Date of Plan06/01/1982
  • Net Assets as of 06/30/2011 $240,428,595
  • 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
  • Plan Funding Arrangement Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 06/30/2011

  • Active (Eligible) Participants15,903
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits2,370
  • Subtotal18,273
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits37
  • Total18,310
  • Total number of participants as of 07/01/201023,632
  • Number of participants with account balances6,083
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested0

Expenses

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

Sponsor Information

  • Address300 Radioshack Circle Cf3-331
  • CityFort Worth
  • StateTX
  • Zip76102
  • Telephone(817) 415-3700
  • EIN75-1047710
  • Industry Code443112
  • Named AdministratorMark Barfield

Plan Administrator Information

  • Administrator NameRadioshack Corporation
  • Address300 Radioshack Circle Cf3-331
  • CityFort Worth
  • StateTX
  • Zip76102
  • Telephone(817) 415-3700
  • Administrator EIN75-1047710

Audit Information

  • Audit StatusAudited
  • AuditorWhitley Penn LLP
  • Auditor EIN75-2393478
  • Audit OpinionUnqualified
  • Audit Type Full 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.
2I Stock bonus A stock bonus plan is a type of profit-sharing by which a corporation uses its own stock to make contributions and distributions.
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.
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.
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 $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? 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 $38,674,061
Contributions $17,392,938
Cash Contributions $17,392,938
Cash from Employers $6,009,467
Cash from Participants $10,473,219
Others (including rollovers) $910,252
Noncash Contributions $0
Total Earnings on Investments $21,270,231
Total Interest $503,052
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $503,052
Interest from Other Investments $0
Total Dividends $2,809,790
Preferred Stock $0
Common Stock $768,930
Rents $0
Net gain (loss) on sale of assets $-912,471
Aggregate Proceeds $11,939,337
Aggregate Carrying Amount $12,851,808
Total Unrealized Appreciation (depreciation) of assets $-17,642,227
Real Estate $0
Other $-17,642,227
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 $36,512,087
Other Income $10,892
Expenses $30,511,606
Total Benefit Payments $30,070,436
Directly to participants or beneficiaries, including direct rollovers $30,069,172
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $1,264
Corrective Distributions $0
Certain deemed distributions of participant loans $-285
Interest expense $0
Total Administrative Expenses $441,455
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $441,455
Net Income $8,162,455
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

06/30/2011 06/30/2010 Change YOY
Total Assets $240,428,595 $232,266,140 3.51%
Total noninterest-bearing cash $0 $129,838 0.0%
Receivables $269,423 $209,373 28.68%
Employer Contributions $269,423 $209,373 28.68%
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 $8,673,901 $9,404,674 -7.77%
Value of interest in common/collective trusts $0 $0 0.0%
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 $191,904,765 $159,482,538 20.33%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $0 $0 0.0%
Employer-related Investments $39,580,506 $63,039,717 -37.21%
Employer Securities $39,580,506 $63,039,717 -37.21%
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 $240,428,595 $232,266,140 3.51%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • American Beacon
  • Columbia
  • Dreyfus
  • Harbor
  • Morgan Stanley
  • Pimco Funds
  • Royce
  • T. Rowe Price
  • Vanguard
  • Victory
  • Legg Mason/Western
  • Wells Fargo Advantage

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
Wells Fargo Bank, N.A. Recordkeeping and information management (computing, tabulating, data processing, etc.), Trustee (bank, trust company, or similar financial institution), Participant loan processing, Other services, Direct payment from the plan, Investment management fees paid indirectly by plan, Sub-transfer agency fees, Distribution (12b-1) fees, Recordkeeping fees NONE $282,765 $0 $282,765
Total $282,765 $0 $282,765

Indirect Compensation

There are no service providers with indirect compensation listed for this plan.

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

No investments information available for this plan.

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.