|
A.
Full title of the plan and the address of the plan, if different
from that of the issuer named
below:
|
|
B.
Name of issuer of the securities held pursuant to the plan and the
address of its principal executive
office:
|
Pg.
1
|
|
Audited
Financial Statements
|
|
Pg.
2
|
|
Pg.3
|
|
Pg.
4
|
|
Supplemental
Schedules
|
|
Pg.
12
|
|
Pg.
13
|
|
Pg.
14
|
|
Pg.
15
|
|
Magnetek
FlexCare Plus Retirement Savings Plan
|
||||||||
December
31, 2009 and 2008
|
||||||||
2009
|
2008
|
|||||||
Assets
|
||||||||
Investments
- at fair value
|
$ | 34,885,923 | $ | 30,812,271 | ||||
Receivables:
|
||||||||
Participant
contributions
|
7,359 | - | ||||||
Company
contributions
|
2,842 | - | ||||||
Net
assets available for benefits, at fair value
|
34,896,124 | 30,812,271 | ||||||
Adjustments
from fair value to contract value for
|
||||||||
fully
benefit-responsive investment contracts (Note 2)
|
348,750 | 1,268,301 | ||||||
Net
assets available for benefits
|
$ | 35,244,874 | $ | 32,080,572 |
Magnetek
FlexCare Plus Retirement Savings Plan
|
||||||||
For
the years ended December 31, 2009 and 2008
|
||||||||
2009
|
2008
|
|||||||
Additions:
|
||||||||
Interest
and dividend income
|
$ | 516,260 | $ | 837,236 | ||||
Net
appreciation in fair value of investments
|
4,059,989 | - | ||||||
Contributions:
|
||||||||
Participant
|
1,136,915 | 1,383,148 | ||||||
Company
|
260,936 | 464,526 | ||||||
Total
additions
|
5,974,100 | 2,684,910 | ||||||
Deductions:
|
||||||||
Benefits
paid to participants
|
2,750,404 | 3,037,016 | ||||||
Net
depreciation in fair value of investments
|
- | 8,099,792 | ||||||
Administrative
expenses
|
59,394 | 68,155 | ||||||
Total
deductions
|
2,809,798 | 11,204,963 | ||||||
Net
increase (decrease)
|
3,164,302 | (8,520,053 | ) | |||||
Net
assets available for benefits:
|
||||||||
Beginning
of year
|
32,080,572 | 40,600,625 | ||||||
End
of year
|
$ | 35,244,874 | $ | 32,080,572 |
Years
of Service
|
Vested
Percentage
|
||
Less
than one year
|
0%
|
||
One
|
20%
|
||
Two
|
40%
|
||
Three
|
60%
|
||
Four
|
80%
|
||
Five
or more years
|
100%
|
Level 1
|
Inputs
to the valuation methodology are unadjusted quoted prices for identical
assets or liabilities in active markets that the Plan has the ability to
access.
|
Level 2
|
Inputs
to the valuation methodology
include:
|
·
|
Quoted
prices for similar assets or liabilities in active
markets;
|
·
|
Quoted
prices for identical or similar assets or liabilities in inactive
markets;
|
·
|
Inputs
other than quoted prices that are observable for the asset or
liability;
|
·
|
Inputs
that are derived principally from or corroborated by observable market
data by correlation or other means.
|
|
If
the asset or liability has a specified (contractual) term, the level 2
input must be observable for substantially the full term of the asset or
liability.
|
Level 3
|
Inputs
to the valuation methodology are unobservable and significant to the fair
value measurement.
|
December
31,
|
||||||||
2009
|
2008
|
|||||||
JPMorgan
Stable Value Fund
|
$ | 9,864,053 | $ | 12,981,245 | ||||
American
Century Funds:
|
||||||||
Equity
Index Fund
|
5,503,967 | 5,779,990 | ||||||
Small
Cap Value Fund
|
3,221,759 | 2,303,551 | ||||||
Heritage
Fund
|
3,216,740 | 2,133,013 | ||||||
Inflation
Protected Bond Fund
|
2,099,716 | - | ||||||
PIMCO
Total Return Fund
|
4,172,004 | 1,678,804 | ||||||
First
Eagle Funds - Overseas Fund
|
2,705,643 | 2,272,571 | ||||||
Eaton
Vance Large Cap Value Fund
|
2,310,732 | 2,039,542 |
Year
ended December 31,
|
||||||||
2009
|
2008
|
|||||||
Mutual
funds
|
$ | 4,132,573 | $ | (7,954,215 | ) | |||
Magnetek,
Inc. common stock
|
(72,584 | ) | (145,577 | ) | ||||
Total
appreciation (depreciation) in fair value of Plan
investments
|
$ | 4,059,989 | $ | (8,099,792 | ) |
Investments
at Fair Value as of December 31, 2009
|
||||||||||||||||
Level
1
|
Level
2
|
Level
3
|
Total
|
|||||||||||||
Magnetek,
Inc. common stock
|
$ | 141,122 | $ | - | $ | - | $ | 141,122 | ||||||||
Mutual
funds
|
24,679,955 | - | - | 24,679,955 | ||||||||||||
Common
collective trust fund
|
- | 9,864,053 | - | 9,864,053 | ||||||||||||
Participant
loans
|
- | - | 200,793 | 200,793 | ||||||||||||
Total
investments - at fair value
|
$ | 24,821,077 | $ | 9,864,053 | $ | 200,793 | $ | 34,885,923 |
Investments
at Fair Value as of December 31, 2008
|
||||||||||||||||
Level
1
|
Level
2
|
Level
3
|
Total
|
|||||||||||||
Magnetek,
Inc. common stock
|
$ | 195,130 | $ | - | $ | - | $ | 195,130 | ||||||||
Mutual
funds
|
17,521,850 | - | - | 17,521,850 | ||||||||||||
Common
collective trust fund
|
- | 12,981,245 | - | 12,981,245 | ||||||||||||
Participant
loans
|
- | - | 114,046 | 114,046 | ||||||||||||
Total
investments - at fair value
|
$ | 17,716,980 | $ | 12,981,245 | $ | 114,046 | $ | 30,812,271 |
Participant
Loans
|
||||||||
2009
|
2008
|
|||||||
Balance,
beginning of year
|
$ | 114,046 | $ | 112,959 | ||||
New
loans issued, interest earned
|
||||||||
and
repayments-net
|
86,747 | 1,087 | ||||||
Balance,
end of year
|
$ | 200,793 | $ | 114,046 |
December
31,
|
December
31,
|
|||||||
2009
|
2008
|
|||||||
Net
assets available for benefits as reported
|
||||||||
in
the financial statements
|
$ | 35,244,874 | $ | 32,080,572 | ||||
Adjustment
to fair value for investment relating to fully
|
||||||||
benefit-responsive
investment contracts
|
(348,750 | ) | (1,268,301 | ) | ||||
Total
assets as reported on Form 5500
|
$ | 34,896,124 | $ | 30,812,271 |
Year
Ended
|
||||
December
31,
|
||||
2009
|
||||
Total
additions to Plan assets as reported in the financial
statements
|
$ | 5,974,100 | ||
Adjustment
to fair value for investment relating to fully
|
||||
benefit-responsive
investment contracts
|
919,551 | |||
Total
income as reported on Form 5500
|
$ | 6,893,651 |
Description
of Investment, Including
|
||||||||
Identity
of Issue, Borrower,
|
Maturity
Date, Rate of Interest,
|
Current
|
||||||
Lessor
or Similar Party
|
Collateral,
Par or Maturity Value
|
Value
|
||||||
* |
JPMorgan
Chase
|
JPMorgan
Stable Value Fund
|
$ | 9,864,053 | ||||
American
Century Investments
|
Equity
Index Fund
|
5,503,967 | ||||||
PIMCO
|
Total
Return Fund
|
4,172,004 | ||||||
American
Century Investments
|
Small
Cap Value Fund
|
3,221,759 | ||||||
American
Century Investments
|
Heritage
Fund
|
3,216,740 | ||||||
First
Eagle Funds
|
Overseas
Fund
|
2,705,643 | ||||||
Eaton
Vance
|
Large
Cap Value Fund
|
2,310,732 | ||||||
American
Century Investments
|
Inflation
Protected Bond Fund
|
2,099,716 | ||||||
* |
JPMorgan
Chase
|
International
Equity Index Fund
|
1,449,394 | |||||
* |
Magnetek,
Inc.
|
Common
Stock
|
141,122 | |||||
* |
Various
|
Participant
loans; rates ranging between 4.25%
|
||||||
and
9.25%, due 2009 to 2014
|
200,793 | |||||||
Total
investments at fair value
|
$ | 34,885,923 |
Relationship
to
|
||||||
Identity
of Party
|
Plan,
Employer, or
|
|||||
Involved
|
Other
Party-In-Interest
|
Description
of Transactions
|
Amount
|
|||
Magnetek,
Inc.
|
Employer/Plan
Sponsor
|
Participant
contributions aggregating $163,233 for various pay periods were not funded
within the time period prescribed by
D.O.L. Regulation 2510.3-102. Such contributions were
ultimately funded prior to December 31, 2009.
|
$163,233
|
|||
MAGNETEK
FLEXCARE PLUS RETIREMENT
SAVINGS
PLAN
|
|||
By:
|
/s/
MARTY J. SCHWENNER
|
||
VICE-PRESIDENT &
CHIEF
FINANCIAL
OFFICER
|
Exhibit
No.
|
Description
|
|
23.1
|
Consent
of Independent Registered Public Accounting Firm – Baker Tilly Virchow
Krause, LLP
|
|