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FORM 5500 DATA

Alterra Mountain Company US Inc. 401k Retirement Plan

Overview

Plan Information

  • Plan Year01/01/2006 — 12/31/2006
  • Date of Plan06/30/1978
  • Net Assets as of 12/31/2006 $65,352,606
  • 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 12/31/2006

  • Active (Eligible) Participants3,213
  • Retired or separated participants receiving benefits10
  • Other retired or separated participants entitled to future benefits442
  • Subtotal3,665
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits4
  • Total3,669
  • Total number of participants as of 01/01/20063,509
  • Number of participants with account balances1,899
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested68
  • Number of participants required to be reported on Schedule SSA399

Expenses

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

Sponsor Information

  • Address221 Corporate Cir Ste Q
  • CityGolden
  • StateCO
  • Zip80401-5637
  • Telephone(303) 454-4645
  • EIN91-1616891
  • Industry Code713900
  • Named AdministratorDavid Blaiklock
  • Named Plan SponsorDavid Blaiklock

Plan Administrator Information

  • Administrator NameSAME
  • Administrator EIN

Audit Information

  • Audit StatusAudited
  • AuditorKPMG LLP
  • Auditor EIN13-5565207
  • 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.
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? Yes $159,253
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 $7,500,000
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

Financials

Income and Expense Statement

Income $14,963,860
Contributions $7,399,023
Cash Contributions $7,399,023
Cash from Employers $1,770,826
Cash from Participants $5,295,127
Others (including rollovers) $333,070
Noncash Contributions $0
Total Earnings on Investments $7,564,837
Total Interest $254,121
Interest-Bearing Cash $168,535
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $85,586
Interest from Other Investments $0
Total Dividends $15,329
Preferred Stock $0
Common Stock $15,329
Rents $0
Net gain (loss) on sale of assets $340,720
Aggregate Proceeds $2,405,266
Aggregate Carrying Amount $2,064,546
Total Unrealized Appreciation (depreciation) of assets $179
Real Estate $0
Other $179
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 $6,954,488
Other Income $0
Expenses $7,439,346
Total Benefit Payments $7,223,128
Directly to participants or beneficiaries, including direct rollovers $7,223,128
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $52
Certain deemed distributions of participant loans $71,794
Interest expense $0
Total Administrative Expenses $144,372
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $28
Other Administrative Fees $144,344
Net Income $7,524,514
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 $65,412,329 $57,875,571 13.02%
Total noninterest-bearing cash $0 $1,289 -100.00%
Receivables $82,825 $185,730 -55.41%
Employer Contributions $20,660 $118,479 -82.56%
Participant Contributions $62,165 $67,008 -7.23%
Other Contributions $0 $243 -100.00%
General Investments $3,838,959 $3,088,648 24.29%
Interest-bearing cash $3,838,959 $3,088,648 24.29%
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 $1,686,887 $1,543,417 9.30%
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 $59,803,658 $51,417,454 16.31%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $0 $0 0.0%
Employer-related Investments $0 $1,639,033 -100.00%
Employer Securities $0 $1,639,033 -100.00%
Employer Real Property $0 $0 0.0%
Buildings and other property used in plan operation $0 $0 0.0%
Total Liabilities $59,723 $47,479 25.79%
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) $59,723 $47,479 25.79%
Net Assets $65,352,606 $57,828,092 13.01%

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
Future Planning Associates, Inc. Consulting $0 $55,730 $55,730
Fid. Inv. Inst. Ops. Co. Recordkeeping $0 $52,802 $52,802
KPMG Accounting $0 $25,000 $25,000
Hinckley Allen & Snyder, LLP Legal $0 $10,812 $10,812
Total $0 $144,344 $144,344

Investments

Investments

No investments information available for this plan.

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.