401k Plan data: PACTIV HOURLY 401(K) SAVINGS AND INVESTMENT PLAN plan

PACTIV HOURLY 401(K) SAVINGS AND INVESTMENT PLAN 401k Plan overview

Plan Name	PACTIV HOURLY 401(K) SAVINGS AND INVESTMENT PLAN
Plan identification number	034

PACTIV HOURLY 401(K) SAVINGS AND INVESTMENT PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

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.
Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

PACTIV LLC has sponsored the creation of one or more 401k plans.

Company Name: PACTIV LLC

Employer identification number (EIN): 362552989

NAIC Classification: 551112
NAIC Description: Offices of Other Holding Companies

Additional information about PACTIV LLC

Jurisdiction of Incorporation: Texas Secretary of State

Incorporation Date: 2012-01-04

Company Identification Number: 0801529816

Legal Registered Office Address: 1900 W FIELD CT

LAKE FOREST
United States of America (USA)
60045

More information about PACTIV LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PACTIV HOURLY 401(K) SAVINGS AND INVESTMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
034 2011-01-01 TERESE REILLY
034 2010-01-01 CLIFFORD HEW
034 2009-01-01 MICHAEL ALDRICH

Plan id#	Filing Submission Date	Name of Administrator
034	2011-01-01	TERESE REILLY
034	2010-01-01	CLIFFORD HEW
034	2009-01-01	MICHAEL ALDRICH

Plan Statistics for PACTIV HOURLY 401(K) SAVINGS AND INVESTMENT PLAN

401k plan membership statisitcs for PACTIV HOURLY 401(K) SAVINGS AND INVESTMENT PLAN

Measure Date Value
2011: PACTIV HOURLY 401(K) SAVINGS AND INVESTMENT PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 6,227
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 5,080
Number of retired or separated participants receiving benefits 2011-01-01 8
Number of other retired or separated participants entitled to future benefits 2011-01-01 155
Total of all active and inactive participants 2011-01-01 5,243
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 17
Total participants 2011-01-01 5,260
Number of participants with account balances 2011-01-01 2,921
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0
2010: PACTIV HOURLY 401(K) SAVINGS AND INVESTMENT PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 5,896
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 6,017
Number of retired or separated participants receiving benefits 2010-01-01 9
Number of other retired or separated participants entitled to future benefits 2010-01-01 183
Total of all active and inactive participants 2010-01-01 6,209
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 18
Total participants 2010-01-01 6,227
Number of participants with account balances 2010-01-01 3,097
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 0
2009: PACTIV HOURLY 401(K) SAVINGS AND INVESTMENT PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 6,112
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 5,556
Number of retired or separated participants receiving benefits 2009-01-01 11
Number of other retired or separated participants entitled to future benefits 2009-01-01 290
Total of all active and inactive participants 2009-01-01 5,857
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 39
Total participants 2009-01-01 5,896
Number of participants with account balances 2009-01-01 3,456
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 38

Measure	Date	Value
2011: PACTIV HOURLY 401(K) SAVINGS AND INVESTMENT PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	6,227
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	5,080
Number of retired or separated participants receiving benefits	2011-01-01	8
Number of other retired or separated participants entitled to future benefits	2011-01-01	155
Total of all active and inactive participants	2011-01-01	5,243
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	17
Total participants	2011-01-01	5,260
Number of participants with account balances	2011-01-01	2,921
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0
2010: PACTIV HOURLY 401(K) SAVINGS AND INVESTMENT PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	5,896
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	6,017
Number of retired or separated participants receiving benefits	2010-01-01	9
Number of other retired or separated participants entitled to future benefits	2010-01-01	183
Total of all active and inactive participants	2010-01-01	6,209
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	18
Total participants	2010-01-01	6,227
Number of participants with account balances	2010-01-01	3,097
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	0
2009: PACTIV HOURLY 401(K) SAVINGS AND INVESTMENT PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	6,112
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	5,556
Number of retired or separated participants receiving benefits	2009-01-01	11
Number of other retired or separated participants entitled to future benefits	2009-01-01	290
Total of all active and inactive participants	2009-01-01	5,857
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	39
Total participants	2009-01-01	5,896
Number of participants with account balances	2009-01-01	3,456
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	38

Financial Data on PACTIV HOURLY 401(K) SAVINGS AND INVESTMENT PLAN

Measure	Date	Value
2011 : PACTIV HOURLY 401(K) SAVINGS AND INVESTMENT PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2011-12-31	$26
Total unrealized appreciation/depreciation of assets	2011-12-31	$26
Total transfer of assets from this plan	2011-12-31	$98,580,863
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2011-12-31	$98,580,863
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	$8,056,461
Total loss/gain on sale of assets	2011-12-31	$-136,946
Total of all expenses incurred	2011-12-31	$15,004,362
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$14,795,309
Expenses. Certain deemed distributions of participant loans	2011-12-31	$94,725
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$8,558,528
Value of total assets at end of year	2011-12-31	$111,034,543
Value of total assets at beginning of year	2011-12-31	$117,982,444
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$114,328
Total interest from all sources	2011-12-31	$292,519
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$2,816,575
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	$2,816,575
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$15,000,000
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	$5,513,015
Participant contributions at end of year	2011-12-31	$7,787,205
Participant contributions at beginning of year	2011-12-31	$7,614,049
Income. Received or receivable in cash from other sources (including rollovers)	2011-12-31	$96,185
Value of other receiveables (less allowance for doubtful accounts) at end of year	2011-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2011-12-31	$3
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2011-12-31	$98,580,863
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2011-12-31	$0
Administrative expenses (other) incurred	2011-12-31	$114,328
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	$-6,947,901
Value of net assets at end of year (total assets less liabilities)	2011-12-31	$12,453,680
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$117,982,444
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	$86,254,113
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$92,230,949
Interest on participant loans	2011-12-31	$289,564
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2011-12-31	$16,956,044
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2011-12-31	$17,576,580
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2011-12-31	$17,576,580
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2011-12-31	$2,955
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-3,474,241
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	$2,949,328
Employer contributions (assets) at end of year	2011-12-31	$37,181
Employer contributions (assets) at beginning of year	2011-12-31	$38,328
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$14,795,309
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2011-12-31	No
Assets. Corporate common stocks other than exployer securities at end of year	2011-12-31	$0
Assets. Corporate common stocks other than exployer securities at beginning of year	2011-12-31	$522,535
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
Aggregate proceeds on sale of assets	2011-12-31	$385,621
Aggregate carrying amount (costs) on sale of assets	2011-12-31	$522,567
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	CROWE HORWATH
Accountancy firm EIN	2011-12-31	350921680
2010 : PACTIV HOURLY 401(K) SAVINGS AND INVESTMENT PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2010-12-31	$296,664
Total unrealized appreciation/depreciation of assets	2010-12-31	$296,664
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$27,590,936
Total loss/gain on sale of assets	2010-12-31	$7,023,055
Total of all expenses incurred	2010-12-31	$8,886,075
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$8,742,077
Expenses. Certain deemed distributions of participant loans	2010-12-31	$51,848
Value of total corrective distributions	2010-12-31	$3,378
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$8,858,757
Value of total assets at end of year	2010-12-31	$117,982,444
Value of total assets at beginning of year	2010-12-31	$99,277,583
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$88,772
Total interest from all sources	2010-12-31	$340,934
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$1,441,768
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$1,441,768
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$15,000,000
If this is an individual account plan, was there a blackout period	2010-12-31	Yes
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	$5,668,268
Participant contributions at end of year	2010-12-31	$7,614,049
Participant contributions at beginning of year	2010-12-31	$7,319,010
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$71,386
Value of other receiveables (less allowance for doubtful accounts) at end of year	2010-12-31	$3
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2010-12-31	$0
Administrative expenses (other) incurred	2010-12-31	$88,772
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	$18,704,861
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$117,982,444
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$99,277,583
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
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$92,230,949
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$57,480,603
Interest on participant loans	2010-12-31	$332,666
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$17,576,580
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$14,932,462
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$14,932,462
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2010-12-31	$8,268
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$9,629,758
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
Assets. Invements in employer securities at end of year	2010-12-31	$0
Assets. Invements in employer securities at beginning of year	2010-12-31	$19,511,906
Contributions received in cash from employer	2010-12-31	$3,119,103
Employer contributions (assets) at end of year	2010-12-31	$38,328
Employer contributions (assets) at beginning of year	2010-12-31	$33,602
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$8,742,077
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2010-12-31	Yes
Assets. Corporate common stocks other than exployer securities at end of year	2010-12-31	$522,535
Assets. Corporate common stocks other than exployer securities at beginning of year	2010-12-31	$0
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
Aggregate proceeds on sale of assets	2010-12-31	$28,116,566
Aggregate carrying amount (costs) on sale of assets	2010-12-31	$21,093,511
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	No
Opinion of an independent qualified public accountant for this plan	2010-12-31	Unqualified
Accountancy firm name	2010-12-31	ERNST & YOUNG LLP
Accountancy firm EIN	2010-12-31	346565596
2009 : PACTIV HOURLY 401(K) SAVINGS AND INVESTMENT PLAN 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 PACTIV HOURLY 401(K) SAVINGS AND INVESTMENT PLAN

2011: PACTIV HOURLY 401(K) SAVINGS AND INVESTMENT PLAN 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	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: PACTIV HOURLY 401(K) SAVINGS AND INVESTMENT PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	Yes
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	Yes
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: PACTIV HOURLY 401(K) SAVINGS AND INVESTMENT PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
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	Yes
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	PACTIV LLC
Employer identification number (EIN):	362552989
NAIC Classification:	551112
NAIC Description:	Offices of Other Holding Companies

Jurisdiction of Incorporation:	Texas Secretary of State
Incorporation Date:	2012-01-04
Company Identification Number:	0801529816
Legal Registered Office Address:	1900 W FIELD CT LAKE FOREST United States of America (USA) 60045