- 44 -
1989 Accrual Years of Vesting Vested
Compensation percent Service percent DWB
John Booth $84,900 4.196 10 100 $35,624
Robert Booth 84,900 4.196 10 100 35,624
Andrew Alvis 36,900 4.196 2 - 0 - - 0 -
Thomas Geary 37,674 4.196 4 40 2,529
Trevor Naugle 39,900 4.196 10 100 16,742
The report did not provide any information on the Trust as a
whole.
On September 14, 1992, IFTI forwarded the 1991 annual report
for N.L. Booth's account to John Booth. This report included
another actuarial valuation signed by Deloitte & Touche. In
order to accommodate the 1991 contribution, the accrual
percentage for DWB's was increased to 6.54 percent.
In all, the annual reports for N.L. Booth's account in the
Prime Plan included the following information:
1990 1991 1992 1993 1994
Fund value at yearend$100,281 $151,615 $150,370$160,563 $169,572
Contribution in transit- 0 - 55,000 - 0 -- 0 - - 0 -
Policy values - 0 - 96,219 149,983160,176 169,181
Surrender value N/A 90,412 141,438 151,632 160,636
Additional contrib. available 3,976 4,263 15,64723,058 35,386
Date of report 08/12/91 09/14/92 02/23/9412/08/94 01/16/96
E. Forms 5500-C/R
Forms 5500-C/R for N.L. Booth's account in the Prime Plan
included the following information:
1990 1991 1992 1993
Yearend assets $100,282 $145,808 $141,825 $152,019
Income 252 47,025 3,892 10,194
Expenses - 0 - 1,499 7,875 1,215
Contributions 100,030 55,000 - 0 - - 0 -
These forms did not list any insurance commissions paid from 1990
through 1993.
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