401k Plan data: AKZONOBEL RETIREMENT SAVINGS PLAN FOR EMPLOYEES IN PUERTO RICO plan

AKZONOBEL RETIREMENT SAVINGS PLAN FOR EMPLOYEES IN PUERTO RICO 401k Plan overview

Plan Name	AKZONOBEL RETIREMENT SAVINGS PLAN FOR EMPLOYEES IN PUERTO RICO
Plan identification number	010

AKZONOBEL RETIREMENT SAVINGS PLAN FOR EMPLOYEES IN PUERTO RICO Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
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.
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.
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 contribtions 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.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
Plan not intended to be qualified - A plan not intended to be qualified under Code sections 401, 403, or 408.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

ICI PAINTS PUERTO RICO INC. has sponsored the creation of one or more 401k plans.

Company Name: ICI PAINTS PUERTO RICO INC.

Employer identification number (EIN): 660539946

NAIC Classification: 325500

Form 5500 Filing Information

Submission information for form 5500 for 401k plan AKZONOBEL RETIREMENT SAVINGS PLAN FOR EMPLOYEES IN PUERTO RICO

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
010 2011-01-01 CAROL CZARNECKI - AS PRACTITIONER
010 2010-01-01 ERIK PIENKOS - AS PRACTITIONER
010 2009-01-01 STEPHANIE WINTERS
010 2009-01-01
010 2008-01-01

Plan Statistics for AKZONOBEL RETIREMENT SAVINGS PLAN FOR EMPLOYEES IN PUERTO RICO

401k plan membership statisitcs for AKZONOBEL RETIREMENT SAVINGS PLAN FOR EMPLOYEES IN PUERTO RICO

Measure Date Value
2011: AKZONOBEL RETIREMENT SAVINGS PLAN FOR EMPLOYEES IN PUERTO RICO 2011 401k membership
Total participants, beginning-of-year 2011-01-01 309
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 222
Number of retired or separated participants receiving benefits 2011-01-01 3
Number of other retired or separated participants entitled to future benefits 2011-01-01 81
Total of all active and inactive participants 2011-01-01 306
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 5
Total participants 2011-01-01 311
Number of participants with account balances 2011-01-01 304
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 3
2010: AKZONOBEL RETIREMENT SAVINGS PLAN FOR EMPLOYEES IN PUERTO RICO 2010 401k membership
Total participants, beginning-of-year 2010-01-01 317
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 225
Number of retired or separated participants receiving benefits 2010-01-01 0
Number of other retired or separated participants entitled to future benefits 2010-01-01 78
Total of all active and inactive participants 2010-01-01 303
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 6
Total participants 2010-01-01 309
Number of participants with account balances 2010-01-01 302
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 5
2009: AKZONOBEL RETIREMENT SAVINGS PLAN FOR EMPLOYEES IN PUERTO RICO 2009 401k membership
Total participants, beginning-of-year 2009-01-01 376
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 233
Number of retired or separated participants receiving benefits 2009-01-01 3
Number of other retired or separated participants entitled to future benefits 2009-01-01 79
Total of all active and inactive participants 2009-01-01 315
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 2
Total participants 2009-01-01 317
Number of participants with account balances 2009-01-01 302
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 6

Measure	Date	Value
2011: AKZONOBEL RETIREMENT SAVINGS PLAN FOR EMPLOYEES IN PUERTO RICO 2011 401k membership
Total participants, beginning-of-year	2011-01-01	309
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	222
Number of retired or separated participants receiving benefits	2011-01-01	3
Number of other retired or separated participants entitled to future benefits	2011-01-01	81
Total of all active and inactive participants	2011-01-01	306
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	5
Total participants	2011-01-01	311
Number of participants with account balances	2011-01-01	304
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	3
2010: AKZONOBEL RETIREMENT SAVINGS PLAN FOR EMPLOYEES IN PUERTO RICO 2010 401k membership
Total participants, beginning-of-year	2010-01-01	317
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	225
Number of retired or separated participants receiving benefits	2010-01-01	0
Number of other retired or separated participants entitled to future benefits	2010-01-01	78
Total of all active and inactive participants	2010-01-01	303
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	6
Total participants	2010-01-01	309
Number of participants with account balances	2010-01-01	302
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	5
2009: AKZONOBEL RETIREMENT SAVINGS PLAN FOR EMPLOYEES IN PUERTO RICO 2009 401k membership
Total participants, beginning-of-year	2009-01-01	376
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	233
Number of retired or separated participants receiving benefits	2009-01-01	3
Number of other retired or separated participants entitled to future benefits	2009-01-01	79
Total of all active and inactive participants	2009-01-01	315
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	2
Total participants	2009-01-01	317
Number of participants with account balances	2009-01-01	302
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	6

Financial Data on AKZONOBEL RETIREMENT SAVINGS PLAN FOR EMPLOYEES IN PUERTO RICO

Measure	Date	Value
2011 : AKZONOBEL RETIREMENT SAVINGS PLAN FOR EMPLOYEES IN PUERTO RICO 2011 401k financial data
Total unrealized appreciation/depreciation of assets	2011-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$0
Total income from all sources (including contributions)	2011-12-31	$802,926
Total loss/gain on sale of assets	2011-12-31	$0
Total of all expenses incurred	2011-12-31	$223,191
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$218,319
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$796,845
Value of total assets at end of year	2011-12-31	$6,966,630
Value of total assets at beginning of year	2011-12-31	$6,386,895
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$4,872
Total interest from all sources	2011-12-31	$24,937
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$60,086
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$60,086
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$320,028
Assets. Loans (other than to participants) at end of year	2011-12-31	$471,118
Assets. Loans (other than to participants) at beginning of year	2011-12-31	$540,438
Administrative expenses (other) incurred	2011-12-31	$4,872
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$579,735
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$6,966,630
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$6,386,895
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2011-12-31	$2,720,155
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$2,146,532
Interest on participant loans	2011-12-31	$24,937
Value of interest in master investment trust accounts at end of year	2011-12-31	$3,076,659
Value of interest in master investment trust accounts at beginning of year	2011-12-31	$3,030,215
Value of interest in common/collective trusts at end of year	2011-12-31	$698,698
Value of interest in common/collective trusts at beginning of year	2011-12-31	$615,617
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-169,809
Net investment gain or loss from common/collective trusts	2011-12-31	$-14,374
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Contributions received in cash from employer	2011-12-31	$476,817
Employer contributions (assets) at end of year	2011-12-31	$0
Employer contributions (assets) at beginning of year	2011-12-31	$54,093
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$218,319
Did the plan have assets held for investment	2011-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	GRANT THORNTON LLP
Accountancy firm EIN	2011-12-31	366055558
2010 : AKZONOBEL RETIREMENT SAVINGS PLAN FOR EMPLOYEES IN PUERTO RICO 2010 401k financial data
Total transfer of assets from this plan	2010-12-31	$30,316
Total income from all sources (including contributions)	2010-12-31	$1,321,281
Total of all expenses incurred	2010-12-31	$335,660
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$334,805
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$779,202
Value of total assets at end of year	2010-12-31	$6,386,895
Value of total assets at beginning of year	2010-12-31	$5,431,590
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$855
Total interest from all sources	2010-12-31	$31,316
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$249,428
Participant contributions at end of year	2010-12-31	$540,438
Participant contributions at beginning of year	2010-12-31	$563,060
Administrative expenses (other) incurred	2010-12-31	$855
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$985,621
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$6,386,895
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$5,431,590
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Interest on participant loans	2010-12-31	$31,316
Value of interest in master investment trust accounts at end of year	2010-12-31	$5,792,364
Value of interest in master investment trust accounts at beginning of year	2010-12-31	$4,868,530
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Contributions received in cash from employer	2010-12-31	$529,774
Employer contributions (assets) at end of year	2010-12-31	$54,093
Employer contributions (assets) at beginning of year	2010-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$334,805
Did the plan have assets held for investment	2010-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	GRANT THORNTON LLP
Accountancy firm EIN	2010-12-31	366055558
2009 : AKZONOBEL RETIREMENT SAVINGS PLAN FOR EMPLOYEES IN PUERTO RICO 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for AKZONOBEL RETIREMENT SAVINGS PLAN FOR EMPLOYEES IN PUERTO RICO

2011: AKZONOBEL RETIREMENT SAVINGS PLAN FOR EMPLOYEES IN PUERTO RICO 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan is a collectively bargained plan	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: AKZONOBEL RETIREMENT SAVINGS PLAN FOR EMPLOYEES IN PUERTO RICO 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan is a collectively bargained plan	No
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: AKZONOBEL RETIREMENT SAVINGS PLAN FOR EMPLOYEES IN PUERTO RICO 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	Yes
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes
2008: AKZONOBEL RETIREMENT SAVINGS PLAN FOR EMPLOYEES IN PUERTO RICO 2008 form 5500 responses
2008-01-01	Type of plan entity	Single employer plan
2008-01-01	Submission has been amended	Yes
2008-01-01	This submission is the final filing	No
2008-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2008-01-01	Plan is a collectively bargained plan	No

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Company Name:	ICI PAINTS PUERTO RICO INC.
Employer identification number (EIN):	660539946
NAIC Classification:	325500

Plan id#	Filing Submission Date	Name of Administrator
010	2011-01-01	CAROL CZARNECKI - AS PRACTITIONER
010	2010-01-01	ERIK PIENKOS - AS PRACTITIONER
010	2009-01-01	STEPHANIE WINTERS
010	2009-01-01
010	2008-01-01