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Alterra Mountain Company US Inc. 401k Retirement Plan


Plan Information

  • Plan Year01/01/2010 — 12/31/2010
  • Date of Plan06/30/1978
  • Net Assets as of 12/31/2010 $57,115,572
  • 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 12/31/2010

  • Active (Eligible) Participants2,636
  • Retired or separated participants receiving benefits10
  • Other retired or separated participants entitled to future benefits548
  • Subtotal3,194
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits4
  • Total3,198
  • Total number of participants as of 01/01/20109,553
  • Number of participants with account balances1,420
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested18


  • 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? 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 $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


Income and Expense Statement

Income $10,166,232
Contributions $3,497,872
Cash Contributions $3,497,872
Cash from Employers $374,907
Cash from Participants $3,044,134
Others (including rollovers) $78,831
Noncash Contributions $0
Total Earnings on Investments $6,668,360
Total Interest $45,426
Interest-Bearing Cash $690
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $44,736
Interest from Other Investments $0
Total Dividends $1,024,698
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 $5,598,236
Other Income $0
Expenses $15,973,184
Total Benefit Payments $15,800,900
Directly to participants or beneficiaries, including direct rollovers $15,800,900
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 $172,284
Professional Fees $82,270
Contract Administrator Fees $81,354
Investment Advisory and management fees $8,409
Other Administrative Fees $251
Net Income $-5,806,952
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2010 12/31/2009 Change YOY
Total Assets $57,169,348 $63,174,682 -9.51%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $35,236 $101,359 -65.24%
Employer Contributions $31,642 $19,643 61.09%
Participant Contributions $3,594 $81,716 -95.60%
Other Contributions $0 $0 0.0%
General Investments $4,091,814 $5,746,939 -28.80%
Interest-bearing cash $4,091,814 $5,746,939 -28.80%
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 $776,058 $1,159,635 -33.08%
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 $52,266,240 $56,166,749 -6.94%
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 $53,776 $252,158 -78.67%
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) $53,776 $252,158 -78.67%
Net Assets $57,115,572 $62,922,524 -9.23%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Rainier Investment Management Inc
  • T Rowe Price Associates Inc
  • Vanguard Group Inc
  • Champlain Investment Partners LLC
  • Dodge and Cox

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 Inv Instl Op Company Inc Participant loan processing, Direct payment from the plan, Recordkeeping fees, Account maintenance fees NONE $81,354 $0 $81,354
Hewitt Associates LLC Consulting (general), Legal, Direct payment from the plan NONE $55,532 $0 $55,532
KPMG Accounting (including auditing), Direct payment from the plan NONE $22,000 $0 $22,000
Strategic Advisors Inc Investment advisory (plan), Direct payment from the plan NONE $8,409 $0 $8,409
Total $167,295 $0 $167,295

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 Dts Sys Inc. Sub-transfer agency fees 0.004 $0
Fidelity Investments Institutional Dodge Cox Stk Boston Fin Svs Inc Sub-transfer agency fees 0.001 $0
Fidelity Investments Institutional Rainier Sm Mid Cap Us Bancorp Fd Sv Sub-transfer agency fees 0.0035 $0
Fidelity Investments Institutional Trp Blue Chip Gw Trp Invt Svs Inc Sub-transfer agency fees 0.0015 $0
Fidelity Investments Institutional Trp Mid Cap Val Trp Invt Svs Inc Sub-transfer agency fees 0.0015 $0
Fidelity Investments Institutional Trp Sm Cap Stk Trp Invt Svs Inc 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.



No investments information available for this plan.

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.