x
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ANNUAL
REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF
1934
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¨
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TRANSITION
REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF
1934
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A.
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Full
title of the plan and the address of the plan, if different from that of
the issuer named below:
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B.
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Name
of issuer of the securities held pursuant to the plan and the address of
its principal executive office:
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Description
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Page No.
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Financial
Statements:
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As
of
December 31, 2008 and 2007 and the year ended December 31, 2008
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Report
of Independent Registered Public Accounting Firm
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Page 3
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Statements
of Net Assets Available for Benefits
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Page
4
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Statement
of Changes in Net Assets Available for Benefits
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Page
5
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Notes
to Financial Statements
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Page 6
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Schedule
H, Line 4i – Schedule of Assets (Held at End of Year)
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Page 12
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Exhibit No.
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Description
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Page No.
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23.1
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Consent
of Independent Registered Public Accounting Firm
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Page 15
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December 31,
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||||||||
2008
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2007
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|||||||
Investments,
at fair value:
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||||||||
Interest-bearing
cash
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$ | 494,485 | $ | 640,333 | ||||
Mutual
funds
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81,583,589 | 93,117,449 | ||||||
Common
collective funds
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41,536,086 | 30,250,164 | ||||||
Common
stocks
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7,671,215 | 11,533,687 | ||||||
Participant
notes receivable
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5,035,124 |
3,250,201
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||||||
Total
investments
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136,320,499 | 138,791,834 | ||||||
Other
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74,517 |
207,170
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Net
assets available for benefits, at fair value
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$ | 136,395,016 | $ | 138,999,004 | ||||
Adjustment
from fair value to contract value for fully benefit responsive investment
contracts
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2,322,336 |
194,521
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||||||
Net
assets available for benefits
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$ | 138,717,352 | $ | 139,193,525 |
Additions:
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||||
Employee
contributions
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$ | 10,520,531 | ||
Employer
contributions
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7,048,215 | |||
Rollover
contributions
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780,316 | |||
Transfers
in
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41,981,673 | |||
Investment
income:
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||||
Net
depreciation in fair value of investments (Note
4)
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(44,466,792 | ) | ||
Interest
and dividend income
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648,023 | |||
Total additions | 16,511,966 | |||
Deductions:
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||||
Benefits
paid to participants
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(16,910,470 | ) | ||
Administrative
fees
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(77,669 | ) | ||
Total deductions | (16,988,139 | ) | ||
Net
decrease in net assets
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(476,173 | ) | ||
Net
assets available for benefits, beginning of year
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139,193,525 | |||
Net
assets available for benefits, end of year
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$ | 138,717,352 |
Assets at Fair Value as of December 31, 2008
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||||||||||||||||
Level 1
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Level 2
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Level 3
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Total
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Interest
Bearing Cash
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$ | 494,485 | $ | – | $ | – | $ | 494,485 | ||||||||
Mutual
Funds
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81,583,589 | – | – | 81,583,589 | ||||||||||||
Common
Collective Funds
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– | 43,858,422 | – | 43,858,422 | ||||||||||||
Common
Stocks
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7,671,215 | – | – | 7,671,215 | ||||||||||||
Participants
Notes Receivable
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– | 5,035,124 | – | 5,035,124 | ||||||||||||
Total
assets at fair value
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$ | 89,749,289 | $ | 48,893,546 | $ | – | $ | 138,642,835 |
Net Realized and
Unrealized
Depreciation in
Fair Value of
Investments
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Common
Stock
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$ | (6,321,989 | ) | |
Common
Collective Funds
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1,518,541 | |||
Mutual
Funds
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(39,663,344 | ) | ||
$ | (44,466,792 | ) |
December 31,
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||||||||
2008
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2008
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|||||||
MassMutual
Stable Income Fund
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$ | 43,821,146 | $ | 30,393,906 | ||||
MassMutual
Indexed Equity Fund
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8,031,960 | 11,161,888 | ||||||
MassMutual
Select Destination Retirement 2020
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7,117,541 | 5,534,040 | * | |||||
PIMCO
Total Return Fund A
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15,525,145 | 5,810,746 | * | |||||
American
Funds EuroPacific Growth Fund R
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7,205,466 | 11,967,682 | ||||||
Greif,
Inc. Class A Common Stock
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7,671,215 | 11,533,687 |
*
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Amount
does not exceed 5% of the Plan’s net assets at the specified date. Shown
only for comparative purposes.
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Investment
Description
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Current/Contract
Value
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|||
Interest Bearing Cash
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||||
Money
Market Fund
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$ | 494,485 | ||
Mutual Funds
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||||
MassMutual
Indexed Equity Fund
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8,031,960 | |||
MassMutual
Mid Cap Growth II
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4,898,756 | |||
Dodge &
Cox Balanced Fund
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6,903,582 | |||
Dodge &
Cox Stock Fund
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4,934,188 | |||
MassMutual
Large Cap Value Fund
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4,686,233 | |||
Capital
Appreciation Fund
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5,148,816 | |||
MassMutual
Small Company Value Fund
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2,704,155 | |||
Mass
Mutual Select Destination Retirement 2020
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7,117,541 | |||
Mass
Mutual Select Destination Retirement 2030
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4,744,824 | |||
Mass
Mutual Select Destination Retirement 2040
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3,025,951 | |||
Mass
Mutual Select Destination Retirement Income
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433,381 | |||
Mass
Mutual Select Destination Retirement 2010
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3,243,002 | |||
Mass
Mutual Select Destination Retirement 2050
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452,357 | |||
SEI
Small Cap Growth Fund
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1,066,440 | |||
PIMCO
Total Return Fund A
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15,525,145 | |||
Lord
Abbett Mid-Cap Value Fund
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1,461,792 | |||
American
Funds EuroPacific Growth Fund R
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7,205,466 | |||
Total
mutual funds
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81,583,589 | |||
Common/Collective Fixed Income
Funds
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MassMutual
Stable Income Fund
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43,821,146 | |||
Mass
Mutual Moderate Journey Fund
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37,276 | |||
43,858,422 | ||||
Common Stock
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||||
Greif,
Inc. Common Stock*
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7,671,215 | |||
Loans to Participants
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||||
Participant
notes receivable, with interest rates of 5.0% to 10.5% and various due
dates
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5,035,124 | |||
Total
investments
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$ | 138,642,835 |
*
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Indicates
party-in-interest to the Plan
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GREIF
401(k) RETIREMENT PLAN
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Date:
June 29, 2009
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By:
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/s/ Karen
Lane
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Printed Name:
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Karen
Lane
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Title:
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Plan
Administrator
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Exhibit No.
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Description
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Page No.
|
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23.1
|
Consent
of Independent Registered Public Accounting Firm
|
Page 15
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