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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 11-K
X ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the fiscal year ended: December 31, 2006
OR
TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the transition period from to
Commission file number 000-06217
INTEL CORPORATION 401(k) SAVINGS PLAN
(Full title of the Plan)
INTEL CORPORATION
(Name of the issuer of the securities held pursuant to the Plan)
2200 MISSION COLLEGE BOULEVARD
SANTA CLARA, CALIFORNIA, 95054-1549
(Address of principal executive office of the issuer)
INTEL CORPORATION 401(k) SAVINGS PLAN
Index to Financial Statements and Exhibits
Item
1
Report of Ernst & Young LLP, Independent Registered Public Accounting Firm
The SERP Administrative Committee
Intel Corporation 401(k) Savings Plan
We have audited the accompanying statements of net assets available for benefits of the Intel
Corporation 401(k) Savings Plan as of December 31, 2006 and 2005, and the related statement of
changes in net assets available for benefits for the year ended December 31, 2006. These financial
statements are the responsibility of the Plan’s management. Our responsibility is to express an
opinion on these financial statements based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight
Board (United States). Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the financial statements are free of material misstatement. We
were not engaged to perform an audit of the Plan’s internal control over financial reporting. Our
audits included consideration of internal control over financial reporting as a basis for designing
audit procedures that are appropriate in the circumstances, but not for the purpose of expressing
an opinion on the effectiveness of the Plan’s internal control over financial reporting.
Accordingly, we express no such opinion. An audit also includes examining, on a test basis,
evidence supporting the amounts and disclosures in the financial statements, assessing the
accounting principles used and significant estimates made by management, and evaluating the overall
financial statement presentation. We believe that our audits provide a reasonable basis for our
opinion.
In our opinion, the financial statements referred to above present fairly, in all material
respects, the net assets available for benefits of the Plan at December 31, 2006 and 2005, and the
changes in its net assets available for benefits for the year ended December 31, 2006, in
conformity with U.S. generally accepted accounting principles.
Our audits were performed for the purpose of forming an opinion on the financial statements taken
as a whole. The accompanying supplemental schedule of assets (held at end of year) as of December
31, 2006, is presented for purposes of additional analysis and is not a required part of the
financial statements but is supplementary information required by the Department of Labor’s Rules
and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of
1974. This supplemental schedule is the responsibility of the Plan’s management. The supplemental
schedule has been subjected to the auditing procedures applied in our audits of the financial
statements and, in our opinion, is fairly stated in all material respects in relation to the
financial statements taken as a whole.
San Jose, California
June 18, 2007
2
Intel Corporation 401(k) Savings Plan
Statements of Net Assets Available for Benefits
| |
|
|
|
|
|
|
|
|
| |
|
December 31, |
| |
|
2006 |
|
2005 |
| |
|
|
Assets |
|
|
|
|
|
|
|
|
Value of interest in the Stable Value Fund, at fair
value |
|
$ |
107,320,210 |
|
|
$ |
100,014,181 |
|
Investments, at fair value |
|
|
3,655,594,536 |
|
|
|
3,165,678,287 |
|
|
|
|
|
|
|
|
|
|
Receivables: |
|
|
|
|
|
|
|
|
Interest and dividends receivable |
|
|
1,162,192 |
|
|
|
1,294 |
|
Receivable from brokers for securities sold |
|
|
1,272,059 |
|
|
|
1,866,721 |
|
Employee contributions receivable |
|
|
8,456,771 |
|
|
|
9,298,616 |
|
| |
|
|
Total receivables |
|
|
10,891,022 |
|
|
|
11,166,631 |
|
| |
|
|
Total assets |
|
|
3,773,805,768 |
|
|
|
3,276,859,099 |
|
|
|
|
|
|
|
|
|
|
Liabilities |
|
|
|
|
|
|
|
|
Other accrued liabilities |
|
|
8,468,729 |
|
|
|
2,074,374 |
|
| |
|
|
Net assets available for benefits, at fair value |
|
|
3,765,337,039 |
|
|
|
3,274,784,725 |
|
|
|
|
|
|
|
|
|
|
Adjustment from fair value to contract value for
fully benefit-responsive investment contracts held by
the Stable Value Fund |
|
|
1,540,511 |
|
|
|
1,842,907 |
|
| |
|
|
Net assets available for benefits |
|
$ |
3,766,877,550 |
|
|
$ |
3,276,627,632 |
|
| |
|
|
See accompanying notes.
3
Intel Corporation 401(k) Savings Plan
Statement of Changes in Net Assets Available for Benefits
Year ended December 31, 2006
| |
|
|
|
|
Additions |
|
|
|
|
Employee contributions |
|
$ |
396,188,551 |
|
Net investment income: |
|
|
|
|
Interest and dividend income |
|
|
186,756,968 |
|
Net investment gain from participation in Stable Value Fund |
|
|
4,454,907 |
|
Net realized and unrealized appreciation in fair value of
investments |
|
|
87,390,484 |
|
|
|
|
|
Total net investment income |
|
|
278,602,359 |
|
|
|
|
|
Total additions |
|
|
674,790,910 |
|
|
|
|
|
|
Deductions |
|
|
|
|
Benefits paid to participants and participant withdrawals |
|
|
183,748,240 |
|
Administrative fees |
|
|
758,670 |
|
Transfers to other plan |
|
|
34,082 |
|
|
|
|
|
Total deductions |
|
|
184,540,992 |
|
|
|
|
|
|
Net increase |
|
|
490,249,918 |
|
|
|
|
|
|
Net assets available for benefits: |
|
|
|
|
Beginning of year |
|
|
3,276,627,632 |
|
|
|
|
|
End of year |
|
$ |
3,766,877,550 |
|
|
|
|
|
See accompanying notes.
4
Intel Corporation 401(k) Savings Plan
Notes to Financial Statements
December 31, 2006
1. Description of the Plan
The following description of the Intel Corporation 401(k) Savings Plan (the Plan) provides only
general information. Participants should refer to the plan document for a more complete description
of the Plan’s provisions.
General
The Plan is a defined contribution plan covering all eligible United States (U.S.) employees of
Intel Corporation (the company). Eligible employees may participate in the Plan any time on or
after their date of hire. The Plan was amended to require all employees who become eligible to
participate on or after January 1, 2007, to be automatically enrolled in the Plan unless they make
an affirmative election not to participate. Participants who are automatically enrolled will
initially have 3% of their compensation withheld and deposited in the appropriate LifeStage Fund,
which invests in varying percentages of stocks, bonds, and short-term investments based on the
participants’ age.
The Plan is intended to be qualified under Section 401(a) of the U.S. Internal Revenue Code of 1986
(the Code), as amended, and is subject to the provisions of the Employee Retirement Income Security
Act of 1974 (ERISA), as amended.
Trustee
Mellon Bank, N.A. is the Plan’s trustee, and holds all investments of the Plan and the Intel
Corporation Master Trust (the Master Trust).
Administration of the Plan
The Sheltered Employee Retirement Plan (SERP) Administrative Committee (as appointed by the Finance
Committee of the company) is the fiduciary responsible for the general operation and administration
of the Plan (but not management or control of Plan assets) and the Investment Policy Committee (as
appointed by the Finance Committee of the company) is the fiduciary responsible for the management
and control of Plan assets. The company is the plan sponsor, as defined by ERISA. Fidelity
Investments Institutional Operations Company provides recordkeeping services with respect to the
Plan.
5
Intel Corporation 401(k) Savings Plan
Notes to Financial Statements (continued)
1. Description of the Plan (continued)
Contributions and Participant Accounts
Participant Contributions
Participants may contribute up to 50% (limited to certain percentages for highly compensated
individuals) of their annual compensation on a before-tax basis, provided the amounts do not exceed
the annual Internal Revenue Service (IRS) limit. Such contributions are withheld by the company
from each participant’s compensation and deposited in the appropriate fund in accordance with the
participant’s directives. Participants who are fifty years of age or older by the end of a
particular plan year and have contributed the maximum 401(k) deferral amount allowed under the Plan
for that year are eligible to contribute an additional portion of their annual compensation on a
before-tax basis as catch-up contributions, up to the annual IRS limit. As of December 31, 2006,
participants could elect to invest in any combination of the 75 different investment options
offered under the Plan; however, effective November 1, 2006, participants may not elect to invest
more than 20% of their account in the Intel Stock Fund. Participants may change their investment
elections daily.
Participant Accounts
Separate accounts are maintained for each participant. The account balances are generally adjusted
as follows:
| |
• |
|
Bi-weekly or semi-monthly for participant contributions. |
| |
| |
• |
|
Daily for a pro rata share of investment income or losses on the Plan’s investments
based on the ratio that each participant’s account bears to the total of all such
accounts. |
ESOP Conversion
The Plan was amended effective January 1, 2007, to convert the Intel Stock Fund into an employee
stock ownership plan (ESOP) in accordance with Code section 4975(e)(7). As such, participants will
have the option to receive dividends on their shares of stock held in the Intel Stock Fund
distributed in cash or reinvested within the Intel Stock Fund.
6
Intel Corporation 401(k) Savings Plan
Notes to Financial Statements (continued)
1. Description of the Plan (continued)
Vesting
Participants are immediately 100% vested with respect to contributions to all investment options in
the Plan, as well as the related earnings from such contributions.
Payment of Benefits
Participants are eligible for a distribution of Plan benefits upon termination of service, whether
by disability, retirement, death or leaving the company. In the event of financial hardship (as
defined by the Plan), participants may withdraw money from their Plan accounts while they are still
employed. Upon termination of service, a participant or applicable beneficiary may elect to have
benefits paid in a single lump-sum distribution or monthly annuity payments, or may request that
the company make a direct transfer to another eligible retirement plan. Spousal consent may be
required based on the value of the account balance or type of distribution.
Participants who elect monthly annuity payments will have the balance of their accounts transferred
to the Intel Corporation Defined Benefit Pension Plan (Intel Pension Plan). A single annuity is
paid to those participants based on the combined benefit under the terms of the two plans. There
were transfers under this option of $34,082 for the year ended December 31, 2006.
Participant Loans
All participants are permitted to obtain loans of up to 50% of their vested account balances in the
Plan up to a maximum of $50,000 when combined with all other loans from this Plan and the Intel
Corporation Profit Sharing Retirement Plan (Intel Profit Sharing Plan). The participants’ account
balances secure their loans. The interest rate is based on the prime rate plus 1% as reported in
The Wall Street Journal on the last business day of each month. The loan provisions are established
by the SERP Administrative Committee and administered by the record keeper.
Participants may choose to obtain loans from either this Plan or the Intel Profit Sharing Plan.
Repayments of loans are transferred to the participants’ Plan and Intel Profit Sharing Plan
accounts in the ratio in which such accounts provided funding for the loan.
7
Intel Corporation 401(k) Savings Plan
Notes to Financial Statements (continued)
1. Description of the Plan (continued)
Administrative Expenses
The company pays a portion of the expenses for administration of the Plan. All other administrative
expenses are paid directly by the Plan.
2. Summary of Significant Accounting Policies
Basis of Accounting
The accompanying financial statements are prepared on the accrual basis of accounting in accordance
with U.S. generally accepted accounting principles.
Beginning as of January 1, 2006, the Plan adopted the requirements as described in Financial
Accounting Standards Board Staff Position, FSP AAG INV-1 and SOP 94-4-1, Reporting of Fully
Benefit-Responsive Investment Contracts Held by Certain Investment Companies Subject to the AICPA
Investment Company Guide and Defined-Contribution Health and Welfare and Pension Plans (FSP AAG
INV-1 and SOP 94-4-1). These requirements are effective for financial statements issued for periods
ending after December 15, 2006. The provisions of FSP AAG INV-1 and SOP 94-4-1 have been
retroactively applied to the statement of net assets available for benefits presented as of
December 31, 2005, as required. FSP AAG INV-1 and SOP 94-4-1 requires investment contracts held by
a defined-contribution plan to be reported at fair value. However, contract value is the relevant
measurement attribute for that portion of the net assets available for benefits of a defined
contribution plan attributable to fully benefit responsive investment contracts because contract
value is the amount participants would receive if they were to initiate permitted transactions
under the terms of the Plan. Contract value represents the cost plus contributions made under the
contracts plus interest at the contract rates less withdrawals and administrative expenses. In
particular, FSP AAG INV-1 and SOP 94-4-1 affected the presentation of the amounts related to the
Plan’s participation in the Stable Value Fund. The statements of net assets available for benefits
present the fair value of the investment in the Stable Value Fund as well as the adjustment from
fair value to contract value for the Plan’s proportionate share of fully benefit responsive
investment contracts within the Stable Value Fund. The statement of changes in net assets available
for benefits is prepared on a contract value basis.
8
Intel Corporation 401(k) Savings Plan
Notes to Financial Statements (continued)
2. Summary of Significant Accounting Policies (continued)
Investment Valuation and Income Recognition
A portion of the investments of the Plan are held in the Master Trust, which consists of the assets
of the Plan, the Intel Profit Sharing Plan, and the Intel Pension Plan. The Master Trust includes
multiple investment accounts, in which different combinations of the above-mentioned plans invest.
Each participating plan shares in the assets and earnings of the master trust investment accounts
(see Note 3: Master Trust Investment Accounts) based on its respective interest in each master
trust investment account. The Plan participates in one such investment account, the Stable Value
Fund, along with the Intel Profit Sharing Plan.
The Plan, either directly or through investment in the Stable Value Fund, holds investments in
mutual funds, common collective trust funds, debt securities, equity securities and participant
loans, all of which are stated at fair value as of the last day of the plan year. The fair value
for securities traded on a national securities exchange or over-the-counter market is the last
reported sales price as of the valuation date. Mutual funds are valued at quoted market prices that
represent the net asset values of shares held at year-end. Participation units in common collective
trust funds are stated at their unit price as established by the fund sponsor based on the fair
values of underlying assets in the funds on the last business day of the plan year. Participant
loans are valued at their outstanding balances as of the last day of the year, which approximate
fair value.
Within the Stable Value Fund, traditional Guaranteed Investment Contracts (GICs) and Variable
Synthetic (VS) GICs are stated at estimated fair value, computed using discounted cash flows.
Wrapper contracts related to Fixed Maturity Synthetic (FMS) GICs and Constant Duration Synthetic
(CDS) GICs also held in the Stable Value Fund are stated at estimated fair value, based on a
replacement cost determined by Standish Mellon Asset Management (Standish Mellon), the Stable Value
Fund’s investment manager. The Stable Value Fund is allocated to the Plan and the Intel Profit
Sharing Plan based on each plan’s proportionate share of the underlying assets.
Investment transactions are recognized as of their trade dates, and collateral has been obtained
and secured against investments whenever deemed necessary. Interest is accrued daily; dividends are
accrued when declared.
9
Intel Corporation 401(k) Savings Plan
Notes to Financial Statements (continued)
2. Summary of Significant Accounting Policies (continued)
Investment Valuation and Income Recognition (continued)
Net investment income includes the gain (loss) realized on the sale of securities and unrealized
appreciation (depreciation) in the fair value of investments, which is the difference between the
fair value of investments at the beginning and the end of the year.
Benefit Payments
Benefits are recorded when paid.
Contributions
Participant contributions are accrued when the participants’ salary deferrals are made.
Use of Estimates
The preparation of financial statements in conformity with U.S. generally accepted accounting
principles requires management to make estimates and judgments that affect the amounts reported in
the financial statements and accompanying notes. Actual results could differ materially from
management’s estimates.
3. Master Trust Investment Accounts
A substantial majority of the Plan’s investments are in various participant-directed investments,
included in “Investments, at fair value” in the statements of net assets available for benefits. A
significantly smaller portion of the Plan’s investments are in the Stable Value Fund. The value of
the Plan’s interest in the Stable Value Fund included in the
statements of net assets available for
benefits represents 85.0% of the net assets available for benefits of the Stable Value Fund at
December 31, 2006 and 89.1% at December 31, 2005.
10
Intel Corporation 401(k) Savings Plan
Notes to Financial Statements (continued)
3. Master Trust Investment Accounts (continued)
The Stable Value Fund’s net assets available for benefits consisted of the following at:
| |
|
|
|
|
|
|
|
|
| |
|
December 31, |
|
| |
|
2006 |
|
|
2005 |
|
| |
|
|
Assets |
|
|
|
|
|
|
|
|
Investments, at fair value: |
|
|
|
|
|
|
|
|
Common collective trusts |
|
$ |
79,916,975 |
|
|
$ |
71,383,483 |
|
Debt securities |
|
|
33,878,511 |
|
|
|
30,340,535 |
|
Traditional guaranteed investment contracts |
|
|
9,505,596 |
|
|
|
10,141,776 |
|
Variable synthetic guaranteed investment
contracts |
|
|
2,508,397 |
|
|
|
— |
|
Wrapper contracts |
|
|
7,977 |
|
|
|
6,565 |
|
| |
|
|
Total investments, at fair value |
|
|
125,817,456 |
|
|
|
111,872,359 |
|
|
|
|
|
|
|
|
|
|
Interest and dividends receivable |
|
|
493,341 |
|
|
|
392,308 |
|
| |
|
|
Total assets |
|
|
126,310,797 |
|
|
|
112,264,667 |
|
|
|
|
|
|
|
|
|
|
Liabilities |
|
|
|
|
|
|
|
|
Investment advisory fees |
|
|
29,636 |
|
|
|
25,387 |
|
| |
|
|
Net assets available for benefits, at fair value |
|
|
126,281,161 |
|
|
|
112,239,280 |
|
|
|
|
|
|
|
|
|
|
Adjustment from fair value to contract value
for fully benefit responsive investment
contracts |
|
|
1,812,683 |
|
|
|
2,068,172 |
|
| |
|
|
Net assets available for benefits |
|
$ |
128,093,844 |
|
|
$ |
114,307,452 |
|
| |
|
|
The net investment gain in the Stable Value Fund for the year ended December 31, 2006, was
comprised of interest and dividends in the amount of $5,179,579.
11
Intel Corporation 401(k) Savings Plan
Notes to Financial Statements (continued)
4. Investments
The fair value of individual investments that represent 5% or more of the fair value of the Plan’s
net assets available for benefits at year-end are as follows:
| |
|
|
|
|
|
|
|
|
| |
|
December 31, |
|
| |
|
2006 |
|
|
2005 |
|
| |
|
|
Mutual funds: |
|
|
|
|
|
|
|
|
Fidelity Low-Priced Stock Fund |
|
$ |
324,443,235 |
|
|
$ |
298,169,802 |
|
Vanguard Institutional Index Fund |
|
$ |
279,044,861 |
|
|
$ |
259,453,265 |
|
Fidelity Contrafund® |
|
$ |
258,121,401 |
|
|
$ |
214,493,744 |
|
Fidelity Growth Company Fund |
|
$ |
205,895,490 |
|
|
$ |
201,092,692 |
|
American Funds® EuroPacific Growth Fund |
|
$ |
223,288,203 |
|
|
$ |
169,861,907 |
|
Common collective trust fund: |
|
|
|
|
|
|
|
|
EB Daily Liquidity Stock Index Fund |
|
$ |
294,881,790 |
|
|
|
* |
|
Common stock: |
|
|
|
|
|
|
|
|
Intel Corporation |
|
$ |
447,663,383 |
|
|
$ |
613,888,717 |
|
|
|
|
| * |
|
Fair value did not exceed 5% of the Plan’s net assets available for benefits at
year-end. |
During 2006, the Plan’s investments (including investments purchased, sold as well as held
during the year) appreciated in fair value as follows:
| |
|
|
|
|
| |
|
Year Ended |
|
| |
|
December 31, |
|
| |
|
2006 |
|
Net realized and unrealized appreciation
(depreciation) in fair value of
investments: |
|
|
|
|
Mutual funds |
|
$ |
135,725,875 |
|
Common collective trust funds |
|
|
64,673,003 |
|
Intel common stock |
|
|
(114,217,079 |
) |
Other common stock |
|
|
1,208,685 |
|
|
|
|
|
Net realized and unrealized appreciation in
fair value of investments |
|
$ |
87,390,484 |
|
|
|
|
|
12
Intel Corporation 401(k) Savings Plan
Notes to Financial Statements (continued)
5. Investment Contracts
The Stable Value Fund holds investment contracts with insurance companies and banks in order to
provide participants with a stable, fixed-rate return on investment and protection of principal
from changes in market interest rates. Standish Mellon has discretionary authority for the purchase
and sale of investments in the Stable Value Fund, subject to the general investment policies of the
Investment Policy Committee.
The Traditional GICs crediting rate is based upon the rate that is agreed to when the insurance
company writes the contract and is generally fixed for the life of the contract. The initial
crediting rate for both the CDS GICs and the FMS GICs is set based on the market interest rates at
the time that the initial asset is purchased and is guaranteed to have an interest crediting rate
not less than zero percent. The CDS GICs crediting rate and the FMS GICs crediting rate reset every
quarter based on the book value of the contract, the market value of the underlying assets, and the
average duration of the underlying assets. The crediting rate for CDS GICs aims at converging the
book value of the contract and market value of the contract and therefore will be affected by
interest rate and market changes. The VS GICs crediting rate is reset every quarter based on the
then current market index rates and investment spread. The investment spread is established when
the contract is issued and is guaranteed by the issuer for the life of the investment.
Certain events may limit the ability of the Stable Value Fund to transact at contract value with
the issuers. Such events include the following: a) employer initiated events which are within the
control of the plan sponsor that would have a have a material and adverse impact on the fund; b)
employer communications designed to induce participants to transfer from the fund; c) competing
fund transfer or violation of equity wash or equivalent rules in place; and d) changes in
qualification status of the employer or the plans participating in the fund. If one of these events
should occur, market value will likely be used in determining the payouts to the participants.
In general, issuers may terminate the contract and settle at other than contract value if the
qualification status of employer or plan changes, breach of material obligations under the contract
and misrepresentations by the contract holder, or failure of the underlying portfolio to conform to
the pre-established investment guidelines.
13
Intel Corporation 401(k) Savings Plan
Notes to Financial Statements (continued)
5. Investment Contracts (continued)
The FMS GICs and CDS GICs use wrapper contracts in order to manage market risks and to alter the
return characteristics of the underlying portfolio of securities owned by the Stable Value Fund to
match certain fixed income fund objectives. Wrapper contracts generally change the investment
characteristics of underlying securities (such as corporate debt or U.S. government securities) to
those of traditional GICs. The wrapper contracts provide that benefit-responsive distributions for
specific underlying securities may be withdrawn at contract or face value. Benefit-responsive
distributions are generally defined as a withdrawal on account of a participant’s retirement,
disability, or death, or participant-directed transfers in accordance with the terms of the Plan.
The investment contracts owned by the Stable Value Fund earned the following average yields:
| |
|
|
|
|
|
|
|
|
| |
|
Year Ended |
| |
|
December 31, |
| |
|
2006 |
|
2005 |
| |
|
|
Earned by the Plan |
|
|
4.57 |
% |
|
|
4.12 |
% |
Credited to participants |
|
|
4.51 |
% |
|
|
4.02 |
% |
6. Party-In-Interest Transactions
Approximately 12% of the Plan’s investments are shares of the company’s common stock. Transactions
in shares of the company’s common stock qualify as party-in-interest transactions under the
provisions of ERISA. During 2006, the Plan made purchases of the company’s common stock of
$43,292,654 and sales and distributions of $95,300,909.
7. Concentration of Credit Risk
The Plan’s exposure to a concentration of credit risk is limited by the diversification of
investments across 75 participant-directed fund elections. With the exception of the Intel Stock
Fund, the investments within each participant-directed fund election are further diversified into
varied financial instruments. The Intel Stock Fund invests in a single security. The Plan’s
exposure to credit risk on the wrapper contracts is limited to the fair value of the contracts with
each counterparty.
14
Intel Corporation 401(k) Savings Plan
Notes to Financial Statements (continued)
8. Income Tax Status
The Plan has received a determination letter from the IRS dated February 7, 2006, stating that the
Plan is qualified under Section 401(a) of the Code, and therefore the related trust is exempt from
taxation. Subsequent to this issuance of the determination letter, the Plan was amended and
restated. To maintain its qualified status, the Plan is required to operate in conformity with the
Code. The plan sponsor has indicated that it will take the necessary steps, if any, to maintain the
qualified status of the Plan.
9. Plan Termination
The company has the right under the Plan to amend and terminate the Plan at any time for any
reason. In the event of a plan termination, participants will remain 100% vested in their accounts.
10. Reconciliation of Financial Statements to Form 5500
The following is a reconciliation of net assets available for benefits per the financial statements
at December 31, 2006 to Form 5500:
| |
|
|
|
|
| |
|
December 31, |
|
| |
|
2006 |
|
Net assets available for benefits per the financial statements |
|
$ |
3,766,877,550 |
|
Less: Adjustment between fair value and contract value
related to fully benefit responsive investment contracts held
by the Stable Value Fund |
|
|
(1,540,511 |
) |
|
|
|
|
Net assets available for benefits per the Form 5500 |
|
$ |
3,765,337,039 |
|
|
|
|
|
15
Intel Corporation 401(k) Savings Plan
Notes to Financial Statements (continued)
10. Reconciliation of Financial Statements to Form 5500 (continued)
The following is a reconciliation of net investment gain per the financial statements for the year
ended December 31, 2006, to Form 5500:
| |
|
|
|
|
| |
|
Year Ended |
|
| |
|
December 31, |
|
| |
|
2006 |
|
Net investment gain from participation in Stable Value Fund
per the financial statements |
|
$ |
4,454,907 |
|
Less: Adjustment between fair value and contract value
related to fully benefit responsive investment contracts held
by the Stable Value Fund |
|
|
(1,540,511 |
) |
|
|
|
|
Net investment gain from master trust investment accounts per
Form 5500 |
|
$ |
2,914,396 |
|
|
|
|
|
16
Intel Corporation 401(k) Savings Plan
EIN: 94-1672743, Plan Number: 003
Schedule H, Line 4i — Schedule of Assets (Held At End of Year)
December 31, 2006
| |
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
(c) |
|
|
|
|
| |
|
|
|
Description of investment |
|
|
|
|
| |
|
(b) |
|
including maturity date, |
|
|
(e) |
|
| |
|
Identity of issue, borrower, |
|
rate of interest, collateral, |
|
|
Current |
|
| (a) |
|
lessor, or similar party |
|
par, or maturity value |
|
|
Value |
|
| |
| |
| |
|
Mutual funds: |
|
|
|
|
|
|
|
|
| |
|
AIM Basic Value |
|
57,371 shares |
|
$ |
2,147,389 |
|
| |
|
Allianz CCM Capital Appreciation Fund |
|
192,208 shares |
|
|
3,798,028 |
|
| |
|
Allianz CCM Mid Cap Fund |
|
218,463 shares |
|
|
5,634,170 |
|
| |
|
American Century Equity Income Fund |
|
581,011 shares |
|
|
4,990,886 |
|
| |
|
American Century Real Estate Fund |
|
1,437,571 shares |
|
|
43,687,770 |
|
| |
|
American Century Small Cap Value Fund |
|
1,492,547 shares |
|
|
14,567,256 |
|
| |
|
American Century Small Company Fund |
|
2,588,887 shares |
|
|
25,629,980 |
|
| |
|
American Century Ultra Fund |
|
3,497,522 shares |
|
|
96,111,902 |
|
| |
|
American Funds® EuroPacific Growth Fund |
|
4,795,709 shares |
|
|
223,288,203 |
|
| |
|
Blackrock Global Allocation Fund |
|
563,704 shares |
|
|
10,265,058 |
|
| |
|
Blackrock Global Small Cap Fund Inc |
|
334,988 shares |
|
|
8,729,788 |
|
| |
|
Brandywine Blue Fund, Inc. |
|
862,600 shares |
|
|
27,344,424 |
|
| * |
|
BSDT-Late Money Deposit Acct |
|
867 shares |
|
|
867 |
|
| |
|
Calvert Social Investment Bond Fund |
|
366,487 shares |
|
|
5,801,484 |
|
| |
|
Calvert Social Investment Equity Fund |
|
67,234 shares |
|
|
2,603,294 |
|
| |
|
Delaware Pooled International Equity Fund |
|
1,217,420 shares |
|
|
28,414,583 |
|
| |
|
Dodge & Cox Stock Fund |
|
826,889 shares |
|
|
126,894,401 |
|
| |
|
Evergreen International Bond Fund |
|
552,986 shares |
|
|
5,928,014 |
|
| * |
|
Fidelity Capital & Income Fund |
|
7,062,229 shares |
|
|
62,783,215 |
|
| * |
|
Fidelity Contrafund® |
|
3,958,917 shares |
|
|
258,121,401 |
|
| * |
|
Fidelity Growth Company Fund |
|
2,953,600 shares |
|
|
205,895,490 |
|
| * |
|
Fidelity Institutional Cash Portfolio |
|
131,581,165 shares |
|
|
131,581,165 |
|
| * |
|
Fidelity Low-Priced Stock Fund |
|
7,451,613 shares |
|
|
324,443,235 |
|
| * |
|
Fidelity Mid-Cap Stock Fund |
|
951,929 shares |
|
|
27,739,221 |
|
| * |
|
Fidelity Puritan Fund |
|
3,706,193 shares |
|
|
74,012,674 |
|
18
Intel Corporation 401(k) Savings Plan
EIN: 94-1672743, Plan Number: 003
Schedule H, Line 4i — Schedule of Assets (Held At End of Year) (continued)
December 31, 2006
| |
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
(c) |
|
|
|
|
| |
|
|
|
Description of investment |
|
|
|
|
| |
|
(b) |
|
including maturity date, |
|
|
(e) |
|
| |
|
Identity of issue, borrower, |
|
rate of interest, collateral, |
|
|
Current |
|
| (a) |
|
lessor, or similar party |
|
par, or maturity value |
|
|
Value |
|
| |
| |
| |
|
Mutual funds (continued): |
|
|
|
|
|
|
|
|
| * |
|
Fidelity Small Cap Stock Fund |
|
642,526 shares |
|
$ |
12,214,418 |
|
| |
|
Franklin Income Fund |
|
4,015,754 shares |
|
|
10,641,749 |
|
| |
|
Gabelli Gold |
|
1,242,191 shares |
|
|
31,029,926 |
|
| |
|
GMO Emerging Countries Fund |
|
4,296,914 shares |
|
|
70,297,518 |
|
| |
|
Goldman Sachs Mid Cap Value Fund |
|
1,066,285 shares |
|
|
41,489,134 |
|
| |
|
Goldman Sachs Small Cap Value Fund |
|
173,538 shares |
|
|
7,927,229 |
|
| |
|
Legg Mason Special Investment Trust |
|
170,692 shares |
|
|
8,176,155 |
|
| |
|
Legg Mason Value Trust Inc |
|
215,449 shares |
|
|
17,421,198 |
|
| |
|
Longleaf Partners Fund |
|
352,336 shares |
|
|
12,282,437 |
|
| |
|
Loomis Sayles Bond |
|
1,929,015 shares |
|
|
27,565,629 |
|
| |
|
Morgan Stanley Institutional Fund International Small Cap |
|
978,403 shares |
|
|
23,207,712 |
|
| |
|
Morgan Stanley Institutional Fund Trust Value Portfolio |
|
181,286 shares |
|
|
3,234,134 |
|
| |
|
Pennsylvania Mutual Fund |
|
1,459,210 shares |
|
|
16,883,060 |
|
| |
|
PIMCO Emerging Markets Bond Fund |
|
1,291,374 shares |
|
|
14,269,684 |
|
| |
|
PIMCO High Yield Fund |
|
711,847 shares |
|
|
7,040,168 |
|
| |
|
PIMCO Long-Term U.S. Government Fund |
|
493,467 shares |
|
|
5,235,686 |
|
| |
|
PIMCO Total Return Fund |
|
7,326,612 shares |
|
|
76,050,230 |
|
| |
|
T. Rowe Price Growth Stock Fund |
|
253,765 shares |
|
|
8,026,584 |
|
| |
|
TCW Galileo Select Equities Fund |
|
78,638 shares |
|
|
1,501,986 |
|
| |
|
TCW Galileo Value Opportunities Fund |
|
177,420 shares |
|
|
4,013,232 |
|
| |
|
Templeton Growth Fund |
|
545,027 shares |
|
|
13,996,295 |
|
| |
|
The Growth Fund of America |
|
712,440 shares |
|
|
23,410,777 |
|
| |
|
The Merger Fund |
|
103,454 shares |
|
|
1,615,949 |
|
19
Intel Corporation 401(k) Savings Plan
EIN: 94-1672743, Plan Number: 003
Schedule H, Line 4i — Schedule of Assets (Held At End of Year) (continued)
December 31, 2006
| |
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
(c) |
|
|
|
|
| |
|
|
|
Description of investment |
|
|
|
|
| |
|
(b) |
|
including maturity date, |
|
|
(e) |
|
| |
|
Identity of issue, borrower, |
|
rate of interest, collateral, |
|
|
Current |
|
| (a) |
|
lessor, or similar party |
|
par, or maturity value |
|
|
Value |
|
| |
| |
| |
|
Mutual funds (continued): |
|
|
|
|
|
|
|
|
| |
|
Vanguard Convertible Securities Fund |
|
305,531 shares |
|
$ |
4,167,442 |
|
| |
|
Vanguard Growth Index Fund |
|
202,108 shares |
|
|
6,016,750 |
|
| |
|
Vanguard Inflation-Protected Securities Fund |
|
1,060,626 shares |
|
|
10,001,707 |
|
| |
|
Vanguard Institutional Index Fund |
|
2,153,290 shares |
|
|
279,044,861 |
|
| |
|
Vanguard International Value Fund |
|
1,630,478 shares |
|
|
65,773,472 |
|
| |
|
Vanguard Long-Term Bond Index Fund |
|
580,531 shares |
|
|
6,693,524 |
|
| |
|
Vanguard Mid-Cap Index Fund |
|
2,333,003 shares |
|
|
46,263,452 |
|
| |
|
Vanguard Small-Cap Growth Index Fund |
|
730,162 shares |
|
|
13,391,163 |
|
| |
|
Vanguard Small-Cap Value Index Fund |
|
614,010 shares |
|
|
10,468,864 |
|
| |
|
Vanguard Strategic Equity Fund |
|
715,538 shares |
|
|
16,915,326 |
|
| |
|
Vanguard Windsor Fund |
|
81,013 shares |
|
|
5,095,724 |
|
| |
|
Vanguard-Intermediate-Term Treasury Fund |
|
296,382 shares |
|
|
3,189,075 |
|
| |
|
Washington Mutual Investors Fund |
|
181,914 shares |
|
|
6,339,719 |
|
| |
|
|
|
|
|
|
|
|
|
| |
|
Total mutual funds |
|
|
|
|
|
$ |
2,631,305,867 |
|
| |
|
|
|
|
|
|
|
|
|
|
| |
|
Common collective trust funds: |
|
|
|
|
|
|
|
|
| |
|
Barclays Global Investors NASDAQ-100 Index® Fund |
|
3,601,451 units |
|
$ |
25,246,169 |
|
| |
|
Barclays Global Investors Russell 1000 Value Fund |
|
2,875,665 units |
|
|
50,094,086 |
|
| * |
|
EB Daily Liquidity Aggregate Bond Index Fund |
|
249,893 units |
|
|
37,767,535 |
|
| * |
|
EB Daily Liquidity International Stock Index Fund |
|
248,288 units |
|
|
41,001,295 |
|
| * |
|
EB Daily Liquidity Small Cap Stock Index Fund |
|
239,977 units |
|
|
33,112,016 |
|
| * |
|
EB Daily Liquidity Stock Index Fund |
|
934,744 units |
|
|
294,881,790 |
|
| |
|
Lazard Emerging Markets Institutional Fund |
|
1,404,410 units |
|
|
17,007,410 |
|
| * |
|
Pooled Employee Funds Daily Liquidity Fund |
|
273,640 units |
|
|
273,640 |
|
| |
|
SSgA Active Emerging Markets Strategy Fund |
|
1,331,641 units |
|
|
16,069,173 |
|
| |
|
|
|
|
|
|
|
|
|
| |
|
Total common collective trust funds |
|
|
|
|
|
$ |
515,453,114 |
|
20
Intel Corporation 401(k) Savings Plan
EIN: 94-1672743, Plan Number: 003
Schedule H, Line 4i — Schedule of Assets (Held At End of Year) (continued)
December 31, 2006
| |
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
(c) |
|
|
|
|
| |
|
|
|
Description of investment |
|
|
|
|
| |
|
(b) |
|
including maturity date, |
|
|
(e) |
|
| |
|
Identity of issue, borrower, |
|
rate of interest, collateral, |
|
|
Current |
|
| (a) |
|
lessor, or similar party |
|
par, or maturity value |
|
|
Value |
|
| |
| |
| |
|
Common stock: |
|
|
|
|
|
|
|
|
| * |
|
Intel Corporation |
|
22,106,834 shares |
|
$ |
447,663,383 |
|
| |
|
Acuity Brands Inc |
|
1,100 shares |
|
|
57,244 |
|
| |
|
Adesa Inc |
|
1,586 shares |
|
|
44,012 |
|
| |
|
Advance American Cash Advance Centers |
|
1,900 shares |
|
|
27,835 |
|
| |
|
AFC Enterprises Inc |
|
800 shares |
|
|
14,136 |
|
| |
|
Alabama National Bancorporation |
|
200 shares |
|
|
13,746 |
|
| |
|
Alexandria Real Estate |
|
586 shares |
|
|
58,834 |
|
| |
|
Alliance Imaging Inc |
|
2,293 shares |
|
|
15,248 |
|
| |
|
Ameristar Casinos Inc |
|
1,300 shares |
|
|
39,962 |
|
| |
|
Apogee Enterprises Inc |
|
1,699 shares |
|
|
32,808 |
|
| |
|
Aptargroup Inc |
|
1,900 shares |
|
|
112,176 |
|
| |
|
Atmi Inc |
|
1,200 shares |
|
|
36,636 |
|
| |
|
Banner Corp |
|
600 shares |
|
|
26,604 |
|
| |
|
Banta Corp |
|
1,537 shares |
|
|
55,947 |
|
| |
|
Bel Fuse Inc |
|
1,075 shares |
|
|
37,399 |
|
| |
|
Belden CDT Inc |
|
1,550 shares |
|
|
60,590 |
|
| |
|
Big 5 Sporting Goods Corp |
|
800 shares |
|
|
19,536 |
|
| |
|
Bio Rad Labs Inc |
|
300 shares |
|
|
24,756 |
|
| |
|
Bok Financial Corp |
|
945 shares |
|
|
51,956 |
|
| |
|
Borg Warner Inc |
|
1,500 shares |
|
|
88,530 |
|
| |
|
Cabot Corp |
|
700 shares |
|
|
30,499 |
|
| |
|
Cabot Oil & Gas Corp |
|
700 shares |
|
|
42,455 |
|
| |
|
Cambrex Corp |
|
1,600 shares |
|
|
36,352 |
|
| |
|
CEC Entertainment Inc |
|
600 shares |
|
|
24,150 |
|
| |
|
Central Pacific Financial Corp |
|
933 shares |
|
|
36,163 |
|
21
Intel Corporation 401(k) Savings Plan
EIN: 94-1672743, Plan Number: 003
Schedule H, Line 4i — Schedule of Assets (Held At End of Year) (continued)
December 31, 2006
| |
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
(c) |
|
|
|
|
| |
|
|
|
Description of investment |
|
|
|
|
| |
|
(b) |
|
including maturity date, |
|
|
(e) |
|
| |
|
Identity of issue, borrower, |
|
rate of interest, collateral, |
|
|
Current |
|
| (a) |
|
lessor, or similar party |
|
par, or maturity value |
|
|
Value |
|
| |
| |
| |
|
Common stock (continued): |
|
|
|
|
|
|
|
|
| |
|
Charming Shoppes Inc |
|
8,850 shares |
|
$ |
119,741 |
|
| |
|
Checkpoint Systems Inc |
|
2,400 shares |
|
|
48,480 |
|
| |
|
Chicago Bridge & Iron |
|
1,600 shares |
|
|
43,744 |
|
| |
|
Chittenden Corp |
|
593 shares |
|
|
18,199 |
|
| |
|
Ciber Inc |
|
6,300 shares |
|
|
42,714 |
|
| |
|
Cimarex Energy Co |
|
1,007 shares |
|
|
36,756 |
|
| |
|
Claires Stores Inc |
|
1,675 shares |
|
|
55,510 |
|
| |
|
Clarcor Inc |
|
3,150 shares |
|
|
106,502 |
|
| |
|
Columbia Banking Systems Inc |
|
800 shares |
|
|
28,096 |
|
| |
|
Comstock Resources Inc |
|
600 shares |
|
|
18,636 |
|
| |
|
Comtech Telecommunications |
|
738 shares |
|
|
28,096 |
|
| |
|
Core Laboratories |
|
377 shares |
|
|
30,537 |
|
| |
|
Corn Products International Inc |
|
745 shares |
|
|
25,732 |
|
| |
|
Covance Inc |
|
2,489 shares |
|
|
146,627 |
|
| |
|
CSG Systems International Inc |
|
1,200 shares |
|
|
32,076 |
|
| |
|
CTS Corp |
|
1,199 shares |
|
|
18,824 |
|
| |
|
ECI Telecom Ltd |
|
3,799 shares |
|
|
32,899 |
|
| |
|
Education Reality Trust Inc |
|
2,100 shares |
|
|
31,017 |
|
| |
|
El Paso Electric Co |
|
2,547 shares |
|
|
62,070 |
|
| |
|
Endurance Specialty Holdings Ltd |
|
1,600 shares |
|
|
58,528 |
|
| |
|
Energen Corp |
|
2,252 shares |
|
|
105,709 |
|
| |
|
Energy East Corp |
|
2,625 shares |
|
|
65,100 |
|
| |
|
Entercom Communications Corp |
|
4,575 shares |
|
|
128,924 |
|
| |
|
Essex Property Trust |
|
400 shares |
|
|
51,700 |
|
| |
|
Fairchild Semiconductor International |
|
6,925 shares |
|
|
116,409 |
|
22
Intel Corporation 401(k) Savings Plan
EIN: 94-1672743, Plan Number: 003
Schedule H, Line 4i — Schedule of Assets (Held At End of Year) (continued)
December 31, 2006
| |
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
(c) |
|
|
|
|
| |
|
|
|
Description of investment |
|
|
|
|
| |
|
(b) |
|
including maturity date, |
|
|
(e) |
|
| |
|
Identity of issue, borrower, |
|
rate of interest, collateral, |
|
|
Current |
|
| (a) |
|
lessor, or similar party |
|
par, or maturity value |
|
|
Value |
|
| |
| |
| |
|
Common stock (continued): |
|
|
|
|
|
|
|
|
| |
|
Fei Company |
|
1,500 shares |
|
$ |
39,555 |
|
| |
|
Ferro Corp |
|
3,500 shares |
|
|
72,415 |
|
| |
|
First Financial Bankshares Inc |
|
400 shares |
|
|
16,744 |
|
| |
|
First Indiana Corp |
|
925 shares |
|
|
23,458 |
|
| |
|
First Midwest Bancorp Inc |
|
1,383 shares |
|
|
53,494 |
|
| |
|
First Place Financial Corp |
|
700 shares |
|
|
16,443 |
|
| |
|
Forrester Resh Inc |
|
1,200 shares |
|
|
32,532 |
|
| |
|
4 Kids Entertainment Inc |
|
1,200 shares |
|
|
21,864 |
|
| |
|
Fuller H B Co |
|
4,550 shares |
|
|
117,481 |
|
| |
|
G & K Services Inc |
|
750 shares |
|
|
29,168 |
|
| |
|
General Cable Corp |
|
4,086 shares |
|
|
178,599 |
|
| |
|
General Communication Inc |
|
4,725 shares |
|
|
74,324 |
|
| |
|
Genesis Health Care Corp |
|
700 shares |
|
|
33,061 |
|
| |
|
Glacier Bancorp Inc |
|
546 shares |
|
|
13,344 |
|
| |
|
Global Imaging Systems Inc |
|
1,156 shares |
|
|
25,374 |
|
| |
|
Global Payments Inc |
|
650 shares |
|
|
30,095 |
|
| |
|
Graco Inc |
|
2,050 shares |
|
|
81,221 |
|
| |
|
Greatbatch Inc |
|
711 shares |
|
|
19,140 |
|
| |
|
Greif Inc |
|
250 shares |
|
|
29,600 |
|
| |
|
Griffon Corp |
|
1,050 shares |
|
|
26,775 |
|
| |
|
Group 1 Automotive Inc |
|
727 shares |
|
|
37,600 |
|
| |
|
Hanmi Financial Corp |
|
1,300 shares |
|
|
29,289 |
|
| |
|
Harsco Corp |
|
2,775 shares |
|
|
211,178 |
|
| |
|
Harte-Hanks Inc |
|
5,675 shares |
|
|
157,254 |
|
| |
|
Health Care Reit Inc |
|
811 shares |
|
|
34,889 |
|
23
Intel Corporation 401(k) Savings Plan
EIN: 94-1672743, Plan Number: 003
Schedule H, Line 4i — Schedule of Assets (Held At End of Year) (continued)
December 31, 2006
| |
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
(c) |
|
|
|
|
| |
|
|
|
Description of investment |
|
|
|
|
| |
|
(b) |
|
including maturity date, |
|
|
(e) |
|
| |
|
Identity of issue, borrower, |
|
rate of interest, collateral, |
|
|
Current |
|
| (a) |
|
lessor, or similar party |
|
par, or maturity value |
|
|
Value |
|
| |
| |
| |
|
Common stock (continued): |
|
|
|
|
|
|
|
|
| |
|
Home Properties Inc |
|
1,607 shares |
|
$ |
95,247 |
|
| |
|
Houston Exploration Co |
|
250 shares |
|
|
12,945 |
|
| |
|
Hyperion Solutions Corp |
|
1,800 shares |
|
|
64,692 |
|
| |
|
Iberiabank Corp |
|
550 shares |
|
|
32,478 |
|
| |
|
Independent Bank Corp Massachusetts |
|
500 shares |
|
|
18,015 |
|
| |
|
Independent Bank Corp Michigan |
|
540 shares |
|
|
13,657 |
|
| |
|
Insight Enterprises Inc |
|
1,925 shares |
|
|
36,325 |
|
| |
|
Integrated Device Technology Inc |
|
6,900 shares |
|
|
106,812 |
|
| |
|
Inter-Tel Inc |
|
1,517 shares |
|
|
33,617 |
|
| |
|
Interactive Data Corp |
|
3,900 shares |
|
|
93,756 |
|
| |
|
IPC Holdings Ltd |
|
2,966 shares |
|
|
93,281 |
|
| |
|
Jack In The Box Inc |
|
800 shares |
|
|
48,832 |
|
| |
|
Journal Communications Inc |
|
3,100 shares |
|
|
39,091 |
|
| |
|
Kadant Inc |
|
695 shares |
|
|
16,944 |
|
| |
|
Kennametal Inc |
|
1,350 shares |
|
|
79,448 |
|
| |
|
Labor Ready Inc |
|
1,041 shares |
|
|
19,082 |
|
| |
|
Lakeland Financial Corp |
|
600 shares |
|
|
15,318 |
|
| |
|
Lance Inc |
|
293 shares |
|
|
5,883 |
|
| |
|
Landstar Systems Inc |
|
770 shares |
|
|
29,399 |
|
| |
|
Macatawa Bank Corp |
|
672 shares |
|
|
14,287 |
|
| |
|
MAF Bancorp Inc |
|
300 shares |
|
|
13,407 |
|
| |
|
Maximus Inc Com |
|
875 shares |
|
|
26,933 |
|
| |
|
MB Financial Inc |
|
1,500 shares |
|
|
56,415 |
|
| |
|
Mettler-Toledo International Inc |
|
2,925 shares |
|
|
230,636 |
|
| |
|
Minerals Technologies Inc |
|
600 shares |
|
|
35,274 |
|
24
Intel Corporation 401(k) Savings Plan
EIN: 94-1672743, Plan Number: 003
Schedule H, Line 4i — Schedule of Assets (Held At End of Year) (continued)
December 31, 2006
| |
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
(c) |
|
|
|
|
| |
|
|
|
Description of investment |
|
|
|
|
| |
|
(b) |
|
including maturity date, |
|
|
(e) |
|
| |
|
Identity of issue, borrower, |
|
rate of interest, collateral, |
|
|
Current |
|
| (a) |
|
lessor, or similar party |
|
par, or maturity value |
|
|
Value |
|
| |
| |
| |
|
Common stock (continued): |
|
|
|
|
|
|
|
|
| |
|
Molecular Devices Corp |
|
4,566 shares |
|
$ |
96,206 |
|
| |
|
Molina Healthcare Inc |
|
700 shares |
|
|
22,757 |
|
| |
|
Moneygram International Inc |
|
2,200 shares |
|
|
68,992 |
|
| |
|
Moog Inc |
|
1,688 shares |
|
|
64,465 |
|
| |
|
Mueller Industries Inc |
|
600 shares |
|
|
19,020 |
|
| |
|
Noble International Ltd |
|
1,000 shares |
|
|
20,050 |
|
| |
|
Northwest Natural Gas Co |
|
1,700 shares |
|
|
72,148 |
|
| |
|
Nymagic Inc |
|
500 shares |
|
|
18,300 |
|
| |
|
Oceaneering International Inc |
|
1,500 shares |
|
|
59,550 |
|
| |
|
Old Dominion Freight Lines Inc |
|
1,500 shares |
|
|
36,105 |
|
| |
|
Oxford Industries Inc |
|
1,600 shares |
|
|
79,440 |
|
| |
|
Pacer International Inc Tennessee |
|
1,495 shares |
|
|
44,506 |
|
| |
|
Pacific Continental Corp |
|
656 shares |
|
|
12,648 |
|
| |
|
Parametric Technology Corp |
|
2,700 shares |
|
|
48,654 |
|
| |
|
Parkway Properties Inc |
|
1,100 shares |
|
|
56,111 |
|
| |
|
Perot Systems Corp |
|
6,300 shares |
|
|
103,257 |
|
| |
|
Philadelphia Consolidated Holding Corp |
|
1,975 shares |
|
|
88,006 |
|
| |
|
Platinum Underwriters Holdings |
|
3,148 shares |
|
|
97,399 |
|
| |
|
Preferred Bank Los Angeles California |
|
300 shares |
|
|
18,027 |
|
| |
|
Progress Software Corp |
|
1,800 shares |
|
|
50,274 |
|
| |
|
Prosperity Bancshares Inc |
|
965 shares |
|
|
33,302 |
|
| |
|
Ramco-Gershenson Properties Trust |
|
1,300 shares |
|
|
49,582 |
|
| |
|
Rayonier Inc |
|
2,362 shares |
|
|
96,960 |
|
| |
|
RC2 Corp |
|
1,100 shares |
|
|
48,400 |
|
| |
|
Readers Digest Association Inc |
|
4,300 shares |
|
|
71,810 |
|
25
Intel Corporation 401(k) Savings Plan
EIN: 94-1672743, Plan Number: 003
Schedule H, Line 4i — Schedule of Assets (Held At End of Year) (continued)
December 31, 2006
| |
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
(c) |
|
|
|
|
| |
|
|
|
Description of investment |
|
|
|
|
| |
|
(b) |
|
including maturity date, |
|
|
(e) |
|
| |
|
Identity of issue, borrower, |
|
rate of interest, collateral, |
|
|
Current |
|
| (a) |
|
lessor, or similar party |
|
par, or maturity value |
|
|
Value |
|
| |
| |
| |
|
Common stock (continued): |
|
|
|
|
|
|
|
|
| |
|
Ryder Systems Inc |
|
350 shares |
|
$ |
17,871 |
|
| |
|
S Y Bancorp Inc |
|
491 shares |
|
|
13,748 |
|
| |
|
Scholastic Corp |
|
450 shares |
|
|
16,128 |
|
| |
|
Scotts Miracle-Gro Company |
|
4,700 shares |
|
|
242,754 |
|
| |
|
Seacoast Banking Corp Florida |
|
500 shares |
|
|
12,400 |
|
| |
|
Skechers U S A Inc |
|
900 shares |
|
|
29,979 |
|
| |
|
Skywest Inc |
|
1,400 shares |
|
|
35,714 |
|
| |
|
Smart & Final Inc |
|
1,600 shares |
|
|
30,240 |
|
| |
|
Southwest Bancorp Inc Oklahoma |
|
631 shares |
|
|
17,580 |
|
| |
|
St Mary Land & Exploration Co |
|
1,100 shares |
|
|
40,524 |
|
| |
|
Stancorp Financial Group Inc |
|
1,650 shares |
|
|
74,333 |
|
| |
|
Standex International Corp |
|
2,952 shares |
|
|
88,944 |
|
| |
|
Swift Energy Co |
|
800 shares |
|
|
35,848 |
|
| |
|
Sybase Inc |
|
3,000 shares |
|
|
74,100 |
|
| |
|
Sykes Enterprises Inc |
|
3,575 shares |
|
|
63,063 |
|
| |
|
Tanger Factory Outlet Center Inc |
|
2,550 shares |
|
|
99,654 |
|
| |
|
Taubman Centers Inc |
|
900 shares |
|
|
45,774 |
|
| |
|
Technitrol Inc |
|
3,225 shares |
|
|
77,045 |
|
| |
|
Tenneco Inc |
|
1,111 shares |
|
|
27,464 |
|
| |
|
Trustmark Corp |
|
900 shares |
|
|
29,439 |
|
| |
|
UCBH Holdings Inc |
|
2,000 shares |
|
|
35,120 |
|
| |
|
United Bankshares Inc West Virginia |
|
1,400 shares |
|
|
54,110 |
|
| |
|
United Fire & Casualty |
|
800 shares |
|
|
28,200 |
|
| |
|
United Stationers Inc |
|
3,025 shares |
|
|
141,236 |
|
| |
|
Universal Compression Holdings |
|
1,000 shares |
|
|
62,110 |
|
26
Intel Corporation 401(k) Savings Plan
EIN: 94-1672743, Plan Number: 003
Schedule H, Line 4i — Schedule of Assets (Held At End of Year) (continued)
December 31, 2006
| |
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
(c) |
|
|
|
|
| |
|
|
|
Description of investment |
|
|
|
|
| |
|
(b) |
|
including maturity date, |
|
|
(e) |
|
| |
|
Identity of issue, borrower, |
|
rate of interest, collateral, |
|
|
Current |
|
| (a) |
|
lessor, or similar party |
|
par, or maturity value |
|
|
Value |
|
| |
| |
| |
|
Common stock (continued): |
|
|
|
|
|
|
|
|
| |
|
URS Corp |
|
3,894 shares |
|
$ |
166,857 |
|
| |
|
Vectren Corp |
|
4,425 shares |
|
|
125,138 |
|
| |
|
Veritas DGC Inc |
|
600 shares |
|
|
51,378 |
|
| |
|
Viad Corp |
|
2,250 shares |
|
|
91,350 |
|
| |
|
Washington Group International Inc |
|
2,245 shares |
|
|
134,228 |
|
| |
|
Wausu Paper Corp |
|
2,600 shares |
|
|
38,974 |
|
| |
|
Werner Enterprises Inc |
|
4,033 shares |
|
|
70,497 |
|
| |
|
West Coast Bancorp Oregon |
|
700 shares |
|
|
24,248 |
|
| |
|
Westamerica Bancorporation |
|
400 shares |
|
|
20,252 |
|
| |
|
WSFS Financial Corp |
|
400 shares |
|
|
26,772 |
|
| |
|
Zale Corp |
|
2,850 shares |
|
|
80,399 |
|
| |
|
|
|
|
|
|
|
|
|
| |
|
Total common stock |
|
|
|
|
|
$ |
456,339,694 |
|
| |
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
Interest at 4.75% – 11.50%, |
|
|
|
|
| * |
|
Participant Loans |
|
maturing through 2030 |
|
$ |
52,495,861 |
|
| |
|
|
|
|
|
|
|
|
|
| |
| |
|
Total investments |
|
|
|
|
|
$ |
3,655,594,536 |
|
| |
|
|
|
|
|
|
|
|
|
| |
|
|
| Column (d) cost has been omitted as investments are participant-directed. |
| |
| * Indicates a party-in-interest to the Plan. |
27
SIGNATURE
The Plan. Pursuant to the requirements of the Securities and Exchange Act of
1934, the Plan Administrator has duly caused this annual report to be signed on
its behalf by the undersigned hereunto duly authorized.
| |
|
|
|
|
|
|
| |
|
INTEL CORPORATION 401(k) SAVINGS PLAN |
|
|
|
|
|
|
(Full Title of the Plan) |
|
|
| |
Date: June 18, 2007
|
|
By:
|
|
/s/ Andy D. Bryant |
|
|
|
|
|
|
|
|
|
|
|
|
|
Andy D. Bryant |
|
|
|
|
|
|
Executive Vice President, |
|
|
|
|
|
|
Chief Financial and |
|
|
|
|
|
|
Enterprise Services Officer and
Principal Accounting Officer |
|
|
28