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FORM 5500 DATA

Alterra Mountain Company US Inc. 401k Retirement Plan

Overview

Plan Information

  • Plan Year01/01/2009 — 12/31/2009
  • Date of Plan06/30/1978
  • Net Assets as of 12/31/2009 $62,922,524
  • 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) Participants8,925
  • Retired or separated participants receiving benefits10
  • Other retired or separated participants entitled to future benefits612
  • Subtotal9,547
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits6
  • Total9,553
  • Total number of participants as of 01/01/200912,780
  • Number of participants with account balances1,871
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested38

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 Suite Q
  • CityGolden
  • StateCO
  • Zip80401-5637
  • Telephone(303) 454-4645
  • EIN91-1616891
  • Industry Code713900
  • Named AdministratorMargot Campbell
  • Named Plan SponsorMargot Campbell

Plan Administrator Information

  • Administrator NameIntrawest U.S. Holding, Inc.
  • Address221 Corporate Cir Suite Q
  • CityGolden
  • StateCO
  • Zip80401-5637
  • Telephone(303) 454-4645
  • Administrator EIN91-1616891

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 $18,544
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
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 $18,730,218
Contributions $6,016,592
Cash Contributions $6,016,592
Cash from Employers $1,011,651
Cash from Participants $4,697,113
Others (including rollovers) $307,828
Noncash Contributions $0
Total Earnings on Investments $12,713,626
Total Interest $1,250,385
Interest-Bearing Cash $1,250,385
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 $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 $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 $11,463,241
Other Income $0
Expenses $6,086,157
Total Benefit Payments $5,910,039
Directly to participants or beneficiaries, including direct rollovers $5,910,039
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $0
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $176,118
Professional Fees $72,000
Contract Administrator Fees $95,841
Investment Advisory and management fees $7,785
Other Administrative Fees $492
Net Income $12,644,061
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 $63,174,682 $50,357,162 25.45%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $101,359 $216,043 -53.08%
Employer Contributions $19,643 $128,343 -84.69%
Participant Contributions $81,716 $87,700 -6.82%
Other Contributions $0 $0 0.0%
General Investments $5,746,939 $6,068,363 -5.30%
Interest-bearing cash $5,746,939 $6,068,363 -5.30%
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 $1,159,635 $1,192,696 -2.77%
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 $56,166,749 $42,880,060 30.99%
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 $252,158 $78,699 220.41%
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) $252,158 $78,699 220.41%
Net Assets $62,922,524 $50,278,463 25.15%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Champlains Funds
  • Dodge and Cox Stock
  • Rainer
  • T Rowe Price
  • Vanguard Group Inc.

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 Account maintenance fees, Recordkeeping fees, Direct payment from the plan, Participant loan processing NONE $95,841 $0 $95,841
KPMG Accounting (including auditing), Direct payment from the plan NONE $21,000 $0 $21,000
Denver Compensation Accounting (including auditing), Direct payment from the plan NONE $14,000 $0 $14,000
Strategic Advisors Inc Direct payment from the plan, Investment advisory (plan) NONE $7,785 $0 $7,785
Total $138,626 $0 $138,626

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
Fidelity Investments Institutional Champlain Sm Co Adv Hancock Bank An Sub-transfer agency fees 0.004 $0
Fidelity Investments Institutional Dodge and Cox Stock Boston Financia Sub-transfer agency fees .001 $0
Fidelity Investments Institutional Rainer Sm Mid Cap Us Bancorp Fund S Sub-transfer agency fees .0035 $0
Fidelity Investments Institutional Trp Blue Chip Grth T Rowe Price Inv Sub-transfer agency fees 0.0015 $0
Fidelity Investments Institutional Trp Mid Cap Value T Rowe Price Inve Sub-transfer agency fees 0.0015 $0
Fidelity Investments Institutional Trp Sm Cap Stock T Rowe Price Inest Sub-transfer agency fees 0.0015 $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

No investments information available for this plan.

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.