e11vk
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, 2007
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
A. Full title of the plan and the address of the plan, if different from that of the issuer named below:
INTEL CORPORATION 401(k) SAVINGS PLAN
B. Name of issuer of the securities held pursuant to the plan and the address of its principal executive office
INTEL CORPORATION
2200 MISSION COLLEGE BOULEVARD
SANTA CLARA, CALIFORNIA, 95054-1549
INTEL CORPORATION 401(k) SAVINGS PLAN
Index to Financial Statements and Exhibits
Item
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Financial Statements: |
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29 |
1
Report of 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 Intel
Corporation 401(k) Savings Plan as of December 31, 2007 and 2006, and the related statement of
changes in net assets available for benefits for the year ended December 31, 2007. These financial
statements are the responsibility of the Plans 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 Plans 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 Plans 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, 2007 and 2006, and the
changes in its net assets available for benefits for the year ended December 31, 2007, 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, 2007, 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 Labors Rules
and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of
1974. This supplemental schedule is the responsibility of the Plans 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, 2008
2
Intel Corporation 401(k) Savings Plan
Statements of Net Assets Available for Benefits
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December 31, |
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2007 |
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2006 |
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Assets |
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Value of interest in the Stable Value Fund,
at fair value |
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$ |
111,522,209 |
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$ |
107,320,210 |
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Investments, at fair value |
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4,196,220,314 |
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3,655,594,536 |
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Investment of securities lending collateral |
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3,745,496 |
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Receivables: |
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Interest and dividends receivable |
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8,716 |
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1,162,192 |
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Receivable from brokers for securities sold |
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1,422,130 |
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1,272,059 |
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Employee contributions receivable |
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7,157,362 |
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8,456,771 |
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Total receivables |
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8,588,208 |
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10,891,022 |
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Total assets |
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4,320,076,227 |
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3,773,805,768 |
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Liabilities |
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Payable for securities lending collateral |
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3,745,496 |
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Other accrued liabilities |
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7,920,608 |
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8,468,729 |
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Total liabilities |
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11,666,104 |
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8,468,729 |
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Net assets available for benefits, at fair value |
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4,308,410,123 |
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3,765,337,039 |
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Adjustment from fair value to contract value for
fully benefit-responsive investment contracts
held by the Stable Value Fund |
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621,296 |
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1,540,511 |
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Net assets available for benefits |
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$ |
4,309,031,419 |
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$ |
3,766,877,550 |
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See accompanying notes.
3
Intel Corporation 401(k) Savings Plan
Statement of Changes in Net Assets Available for Benefits
Year Ended December 31, 2007
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Additions |
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Employee contributions |
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$ |
383,893,447 |
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Net investment income: |
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Interest and dividend income |
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226,934,686 |
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Net investment income from participation in Stable Value Fund |
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4,967,377 |
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Net realized and unrealized appreciation in fair value of
investments |
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216,951,668 |
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Total net investment income |
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448,853,731 |
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Total additions |
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832,747,178 |
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Deductions |
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Benefits paid to participants and participant withdrawals |
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289,253,626 |
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Administrative fees |
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1,216,100 |
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Transfers to other plan |
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123,583 |
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Total deductions |
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290,593,309 |
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Net increase |
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542,153,869 |
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Net assets available for benefits: |
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Beginning of year |
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3,766,877,550 |
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End of year |
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$ |
4,309,031,419 |
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See accompanying notes.
4
Intel Corporation 401(k) Savings Plan
Notes to Financial Statements
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 Plans provisions.
General
The Plan is a defined contribution plan covering all eligible 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 equity securities and fixed-income debt instruments 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
The Bank of New York Mellon, N.A. (Mellon) is the Plans 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)
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 participants compensation and deposited in the appropriate fund in accordance with the
participants 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, 2007,
participants could elect to invest in any combination of the 72 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.
Subsequent to year-end, the Plan was amended to allow participants to make Roth 401(k)
contributions. Effective January 1, 2008, participants can make pre-tax contributions, after-tax
Roth 401(k) contributions, or a combination of both, up to the allowed annual IRS limit.
Participant Accounts
Separate accounts are maintained for each participant. The account balances are generally adjusted
as follows:
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Bi-weekly or semi-monthly for participant contributions. |
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Daily for a pro rata share of investment income or losses on the Plans investments
based on the ratio that each participants 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)
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 $123,583 for the year ended December 31, 2007.
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.
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.
7
Intel Corporation 401(k) Savings Plan
Notes to
Financial Statements (continued)
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.
Investment Valuation
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) are based on its
respective interest in each master trust investment account. The Plan, along with the Intel Profit
Sharing Plan, participates in one such investment account, the Stable Value Fund.
The Plan, either directly or through investment in the Stable Value Fund, holds investments in
mutual funds, common collective trust funds, equity securities, fixed-income debt instruments 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
determined using 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 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 plan year, which approximates 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), the Stable Value Funds
investment manager. The Stable Value Fund is allocated to the Plan and the Intel Profit Sharing
Plan based on each plans proportionate share of the underlying assets.
8
Intel Corporation 401(k) Savings Plan
Notes to
Financial Statements (continued)
Effective January 1, 2006, the Plan adopted the requirements as described in Financial Accounting
Standards Board (FASB) 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. 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
Plans 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 Plans 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.
Income Recognition
Net investment income includes gains/(losses) 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.
Investment transactions are recognized as of their trade dates. Interest is accrued daily;
dividends are accrued when declared.
Benefit Payments
Benefits are recorded when paid.
Contributions
Participant contributions are accrued when the participants salary deferrals are made.
9
Intel Corporation 401(k) Savings Plan
Notes to
Financial Statements (continued)
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
managements estimates.
Recent Accounting Pronouncements
In September 2006, the FASB issued Statement of Financial Accounting Standards (SFAS) No. 157,
Fair Value Measurements (SFAS No. 157). SFAS No. 157 defines fair value, establishes a framework
for measuring fair value, and enhances fair value measurement disclosure. The measurement and
disclosure requirements of SFAS No. 157 related to financial assets and financial liabilities are
effective for the Plan beginning in 2008. The resulting fair values calculated under SFAS No. 157
after adoption may be different than the fair values that would have been calculated under previous
guidance. The Plan is currently evaluating the impact that the adoption of SFAS No. 157 will have on the
Plans financial statements.
3. Master Trust Investment Accounts
Substantially all of the Plans 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 Plans investments are in the Stable Value Fund. The value of
the Plans interest in the Stable Value Fund included in the statements of net assets available for
benefits represents 81.0% of the net assets available for benefits of the Stable Value Fund at
December 31, 2007 and 85.0% at December 31, 2006.
10
Intel Corporation 401(k) Savings Plan
Notes to
Financial Statements (continued)
The Stable Value Funds net assets available for benefits consisted of the following:
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December 31, |
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2007 |
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2006 |
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Assets |
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Investments, at fair value: |
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Common collective trusts |
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$ |
88,664,602 |
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$ |
79,916,975 |
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Fixed-income
debt instruments |
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41,825,656 |
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33,878,511 |
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Traditional guaranteed investment contracts |
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4,566,104 |
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9,505,596 |
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Variable synthetic guaranteed investment
contracts |
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2,548,880 |
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2,508,397 |
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Wrapper contracts |
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10,345 |
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7,977 |
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Total investments, at fair value |
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137,615,587 |
|
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125,817,456 |
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Interest and dividends receivable |
|
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214,286 |
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|
|
493,341 |
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Total assets |
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137,829,873 |
|
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126,310,797 |
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Liabilities |
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Investment advisory fees |
|
|
64,515 |
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|
29,636 |
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Net assets available for benefits, at fair value |
|
|
137,765,358 |
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126,281,161 |
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Adjustment from fair value to contract value
for fully benefit responsive investment
contracts |
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767,032 |
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1,812,683 |
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Net assets available for benefits |
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$ |
138,532,390 |
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$ |
128,093,844 |
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The net
investment income in the Stable Value Fund for the year ended December 31, 2007, was
comprised of interest and dividends in the amount of $6,002,804.
11
Intel Corporation 401(k) Savings Plan
Notes to Financial Statements (continued)
4. Investments
The fair value of individual investments that represent 5% or more of the fair value of the Plans
net assets available for benefits at year-end are as follows:
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December 31, |
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2007 |
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2006 |
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Mutual funds: |
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American Funds EuroPacific Growth Fund |
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$ |
273,134,153 |
|
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$ |
223,288,203 |
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Fidelity Contrafund |
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$ |
307,508,515 |
|
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$ |
258,121,401 |
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Fidelity Growth Company Fund |
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$ |
237,491,103 |
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$ |
205,895,490 |
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Fidelity Low-Priced Stock Fund |
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$ |
295,440,026 |
|
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$ |
324,443,235 |
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Vanguard Institutional Index Fund |
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$ |
270,210,560 |
|
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$ |
279,044,861 |
|
Common collective trust fund: |
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|
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|
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|
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EB Daily Liquidity Stock Index Fund |
|
$ |
332,683,531 |
|
|
$ |
294,881,790 |
|
Common stock: |
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Intel Corporation |
|
$ |
487,531,923 |
|
|
$ |
447,663,383 |
|
During 2007, the Plans investments (including investments purchased, sold, and held during the
year) appreciated in fair value as follows:
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Year Ended |
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|
December 31, |
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|
|
2007 |
|
Net realized and unrealized appreciation
(depreciation) in fair value of
investments: |
|
|
|
|
Mutual funds |
|
$ |
43,673,301 |
|
Common collective trust funds |
|
|
46,357,406 |
|
Intel common stock |
|
|
126,735,251 |
|
Other common stock |
|
|
185,710 |
|
|
|
|
|
Net realized and unrealized appreciation in
fair value of investments |
|
$ |
216,951,668 |
|
|
|
|
|
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 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 the 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:
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employer initiated events which are within the control of the plan sponsor that would
have a material and adverse impact on the fund; |
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employer communications designed to induce participants to transfer from the fund; |
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competing fund transfer or violation of equity wash or equivalent rules in place; and |
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changes in qualification status of the employer or the plans participating in the fund. |
If any such event occurs, market value would likely be used in determining the payouts to the
participants.
13
Intel Corporation 401(k) Savings Plan
Notes to Financial Statements (continued)
In general, issuers may terminate the contract and settle at other than contract value if there is
a change in the qualification status of the employer or the Plan, a breach of material obligations
under the contract and misrepresentations by the contract holder, or a failure of the underlying
portfolio to conform to the pre-established investment guidelines.
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 participants 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:
|
|
|
|
|
|
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|
|
|
Years Ended |
|
|
December 31, |
|
|
2007 |
|
2006 |
|
|
|
Earned by the Plan |
|
|
4.72 |
% |
|
|
4.57 |
% |
Credited to participants |
|
|
4.61 |
% |
|
|
4.51 |
% |
6. Party-In-Interest Transactions
Approximately 11% of the Plans net assets available for benefits are shares of the companys
common stock. Transactions in shares of the companys common stock qualify as party-in-interest
transactions under the provisions of ERISA. During 2007, the Plan made purchases of the companys
common stock of $10,336,014 and sales and distributions of $97,202,725.
14
Intel Corporation 401(k) Savings Plan
Notes to Financial Statements (continued)
7. Securities Lending
The Plan has a securities lending agreement with Mellon. The Plan is not restricted from lending
securities to other qualified financial institutions, provided such loans are callable at any time
and are at all times fully secured by cash, cash equivalents, or securities issued or guaranteed by
the U.S. government or its agencies. The Plan may bear the risk of delay in recovery of, or rights
in, the securities loaned should the borrower of the securities fail financially. Consequently,
loans of securities are only made to firms deemed by the subadvisors to be creditworthy. The Plan
receives compensation for lending its securities, either in the form of fees or by retaining a
portion of interest on the investment of any cash received as collateral.
Cash collateral is recorded as an asset with a corresponding liability on the statements of net
assets available for benefits. For lending agreements collateralized by securities, the collateral
is not recorded as an asset or a liability, unless the collateral is repledged. All collateral
received will be in an amount equal to at least 102% of the market value of the loaned securities.
It is intended that the collateral will be maintained at that level during the period of the loan.
The value of the collateral on-hand was $3,781,817, including $36,321 collateralized by securities
which the Plan does not have the right to sell or repledge, at December 31, 2007. The market value
of the loaned securities is determined at the close of business, and any additional required
collateral is delivered to the Plan the next business day. The market value of the loaned
securities was $3,639,760 at December 31, 2007. During the loan period, the Plan continues to
retain rights of ownership, including dividends and interest of the loaned securities. Income
generated from securities lending arrangements totaled $2,405 for the year ended December 31, 2007.
This amount is included in the net realized and unrealized appreciation in fair value of
investments on the statement of changes in net assets available for benefits. The Plan did not
participate in any securities lending during 2006.
8. Concentration of Credit Risk
The Plans exposure to a concentration of credit risk is limited by the diversification of
investments across 72 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 Plans
exposure to credit risk on the wrapper contracts is limited to the fair value of the contracts with
each counterparty. Collateral has been obtained and secured against investments whenever deemed
necessary.
15
Intel Corporation 401(k) Savings Plan
Notes to Financial Statements (continued)
9. 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. Once qualified, the Plan is required to operate in conformity with the Code to maintain
its qualification. The plan sponsor believes the Plan is being operated in compliance with the
applicable requirements of the Code and, therefore, believes that the Plan, as amended and
restated, is qualified and the related trust is tax-exempt.
10. 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.
11. 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, 2007 and 2006 to the Form 5500:
|
|
|
|
|
|
|
|
|
|
|
December 31, |
|
|
|
2007 |
|
|
2006 |
|
|
|
|
Net assets available for benefits
per the financial statements |
|
$ |
4,309,031,419 |
|
|
$ |
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 |
|
|
(621,296 |
) |
|
|
(1,540,511 |
) |
|
|
|
Net assets available for benefits
per the Form 5500 |
|
$ |
4,308,410,123 |
|
|
$ |
3,765,337,039 |
|
|
|
|
16
Intel Corporation 401(k) Savings Plan
Notes to
Financial Statements (continued)
The
following is a reconciliation of net investment income per the financial statements for the year
ended December 31, 2007, to the Form 5500:
|
|
|
|
|
Net investment income from participation in Stable Value
Fund per the financial statements |
|
$ |
4,967,377 |
|
Change in adjustment between fair value and contract value
related to fully benefit responsive investment contracts
held by the Stable Value Fund |
|
|
919,215 |
|
|
|
|
|
Net investment income from master trust investment accounts
per the Form 5500 |
|
$ |
5,886,592 |
|
|
|
|
|
17
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, 2007
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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 |
|
70,046 shares |
|
$ |
2,274,405 |
|
|
|
Allianz CCM Capital Appreciation Fund |
|
212,336 shares |
|
|
4,510,013 |
|
|
|
Allianz CCM Mid Cap Fund |
|
356,523 shares |
|
|
10,135,935 |
|
|
|
American Century Equity Income Fund |
|
675,007 shares |
|
|
5,265,053 |
|
|
|
American Century Real Estate Fund |
|
1,377,404 shares |
|
|
29,187,194 |
|
|
|
American Century Small Cap Value Fund |
|
1,709,745 shares |
|
|
12,976,963 |
|
|
|
American Century Small Company Fund |
|
2,118,683 shares |
|
|
17,648,633 |
|
|
|
American Funds EuroPacific Growth Fund |
|
5,369,258 shares |
|
|
273,134,153 |
|
|
|
American Funds Growth Fund of America |
|
933,248 shares |
|
|
31,730,445 |
|
|
|
Blackrock Global Allocation Fund |
|
907,775 shares |
|
|
18,010,265 |
|
|
|
Blackrock Global Small Cap Fund Inc |
|
983,524 shares |
|
|
25,276,563 |
|
|
|
Brandywine Blue Fund, Inc. |
|
1,371,266 shares |
|
|
48,391,975 |
|
|
|
Calvert Social Investment Bond Fund |
|
485,051 shares |
|
|
7,707,464 |
|
|
|
Calvert Social Investment Equity Fund |
|
78,401 shares |
|
|
3,167,417 |
|
|
|
Delaware Pooled International Equity Fund |
|
2,576,438 shares |
|
|
59,850,644 |
|
|
|
Dodge & Cox Stock Fund |
|
1,059,560 shares |
|
|
146,494,791 |
|
|
|
Evergreen International Bond Fund |
|
724,595 shares |
|
|
8,158,942 |
|
* |
|
Fidelity Capital & Income Fund |
|
7,742,623 shares |
|
|
67,205,964 |
|
* |
|
Fidelity Contrafund |
|
4,206,107 shares |
|
|
307,508,515 |
|
* |
|
Fidelity Growth Company Fund |
|
2,862,028 shares |
|
|
237,491,103 |
|
* |
|
Fidelity Low-Priced Stock Fund |
|
7,183,079 shares |
|
|
295,440,026 |
|
* |
|
Fidelity Mid-Cap Stock Fund |
|
1,264,348 shares |
|
|
36,969,525 |
|
* |
|
Fidelity Puritan Fund |
|
3,935,935 shares |
|
|
74,900,849 |
|
|
|
Franklin Income Fund |
|
5,904,445 shares |
|
|
15,174,422 |
|
|
|
GAMCO Gold AAA |
|
1,634,463 shares |
|
|
45,944,766 |
|
|
|
GMO Emerging Countries Fund |
|
4,705,115 shares |
|
|
77,210,931 |
|
|
|
Goldman Sachs Mid Cap Value Fund |
|
1,327,668 shares |
|
|
47,318,071 |
|
|
|
Goldman Sachs Small Cap Value Fund |
|
200,180 shares |
|
|
7,168,453 |
|
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, 2007
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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): |
|
|
|
|
|
|
|
|
|
|
Legg Mason Special Investment Trust |
|
232,504 shares |
|
$ |
9,697,728 |
|
|
|
Legg Mason Value Trust Inc |
|
228,227 shares |
|
|
16,058,025 |
|
|
|
Longleaf Partners Fund |
|
487,592 shares |
|
|
16,168,561 |
|
|
|
Loomis Sayles Bond |
|
2,941,323 shares |
|
|
42,884,488 |
|
|
|
Merger Fund |
|
130,991 shares |
|
|
1,967,482 |
|
|
|
Morgan Stanley Institutional Fund
International Small Cap |
|
1,219,177 shares |
|
|
20,823,550 |
|
|
|
Morgan Stanley Institutional Fund
Trust Value Portfolio |
|
219,346 shares |
|
|
3,522,702 |
|
|
|
Pennsylvania Mutual Fund |
|
2,085,822 shares |
|
|
22,568,598 |
|
|
|
PIMCO Emerging Markets Bond Fund |
|
1,379,831 shares |
|
|
14,736,595 |
|
|
|
PIMCO High Yield Fund |
|
750,415 shares |
|
|
7,158,958 |
|
|
|
PIMCO Long-Term U.S. Government Fund |
|
570,452 shares |
|
|
6,292,091 |
|
|
|
PIMCO Total Return Fund |
|
7,265,499 shares |
|
|
77,668,181 |
|
|
|
Reserve Primary Institutional |
|
146,188,993 shares |
|
|
146,188,993 |
|
|
|
T. Rowe Price Growth Stock Fund |
|
452,570 shares |
|
|
15,233,517 |
|
|
|
TCW Galileo Select Equities Fund |
|
81,621 shares |
|
|
1,603,039 |
|
|
|
TCW Galileo Value Opportunities Fund |
|
169,109 shares |
|
|
3,221,521 |
|
|
|
Templeton Growth Fund |
|
685,450 shares |
|
|
16,512,495 |
|
|
|
Vanguard Convertible Securities Fund |
|
466,031 shares |
|
|
6,389,286 |
|
|
|
Vanguard Growth Index Fund |
|
2,796,472 shares |
|
|
92,926,753 |
|
|
|
Vanguard Inflation-Protected Securities
Fund |
|
1,167,514 shares |
|
|
11,628,443 |
|
|
|
Vanguard Institutional Index Fund |
|
2,014,392 shares |
|
|
270,210,560 |
|
|
|
Vanguard International Value Fund |
|
2,405,506 shares |
|
|
100,983,126 |
|
|
|
Vanguard Long-Term Bond Index Fund |
|
787,024 shares |
|
|
9,168,830 |
|
|
|
Vanguard Mid-Cap Index Fund |
|
2,416,098 shares |
|
|
50,158,189 |
|
|
|
Vanguard Small-Cap Growth Index Fund |
|
1,112,428 shares |
|
|
22,293,057 |
|
|
|
Vanguard Small-Cap Value Index Fund |
|
745,601 shares |
|
|
11,579,178 |
|
|
|
Vanguard Strategic Equity Fund |
|
770,023 shares |
|
|
15,762,362 |
|
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, 2007
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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 Windsor Fund |
|
119,932 shares |
|
$ |
6,358,784 |
|
|
|
Vanguard Intermediate-Term Treasury Fund |
|
869,709 shares |
|
|
9,836,408 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total mutual funds |
|
|
|
|
|
$ |
2,945,854,980 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common collective trust funds: |
|
|
|
|
|
|
|
|
|
|
Barclays Global Investors
NASDAQ-100 Index Fund |
|
3,464,830 units |
|
$ |
28,931,332 |
|
|
|
Barclays Global Investors
Russell 1000 Value Fund |
|
3,155,925 units |
|
|
54,913,102 |
|
* |
|
EB Daily
Liquidity Aggregate Bond Index Fund |
|
378,269 units |
|
|
61,251,544 |
|
* |
|
EB Daily
Liquidity International Stock Index Fund |
|
553,293 units |
|
|
101,783,793 |
|
* |
|
EB Daily
Liquidity Small Cap Stock Index Fund |
|
222,691 units |
|
|
30,302,942 |
|
* |
|
EB Daily Liquidity Stock Index Fund |
|
998,507 units |
|
|
332,683,531 |
|
|
|
Lazard Emerging Markets Instl Fund |
|
2,788,614 units |
|
|
44,478,387 |
|
* |
|
Pooled
Employee Funds Daily Liquidity Fund |
|
246,156 units |
|
|
246,156 |
|
|
|
SSGA Active Emerging Markets Strategy
Fund |
|
2,780,100 units |
|
|
47,485,316 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total common collective trust funds |
|
|
|
|
|
$ |
702,076,103 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock: |
|
|
|
|
|
|
|
|
* |
|
Intel Corporation |
|
18,287,019 shares |
|
$ |
487,531,923 |
|
|
|
Aaron Rents Inc |
|
3,000 shares |
|
|
57,720 |
|
|
|
Acuity Brands Inc |
|
800 shares |
|
|
36,000 |
|
|
|
Advance American Cash Advance Centers |
|
2,800 shares |
|
|
28,448 |
|
|
|
AFC Enterprises Inc |
|
1,200 shares |
|
|
13,584 |
|
|
|
Air Methods Corp |
|
600 shares |
|
|
29,802 |
|
|
|
Alexandria Real Estate |
|
686 shares |
|
|
69,746 |
|
|
|
Alliance Imaging Inc |
|
4,593 shares |
|
|
44,185 |
|
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, 2007
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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): |
|
|
|
|
|
|
|
|
|
|
Ameristar Casinos Inc |
|
1,100 shares |
|
$ |
30,294 |
|
|
|
Ann Taylor Stores Corp |
|
1,600 shares |
|
|
40,896 |
|
|
|
Apogee Enterprises Inc |
|
1,399 shares |
|
|
23,937 |
|
|
|
Aptar Group Inc |
|
5,200 shares |
|
|
212,732 |
|
|
|
Argo Group International |
|
1,931 shares |
|
|
81,353 |
|
|
|
Asbury Automotive Group Inc |
|
1,800 shares |
|
|
27,090 |
|
|
|
Aspen Insurance Holdings |
|
2,000 shares |
|
|
57,680 |
|
|
|
Atmi Inc |
|
1,400 shares |
|
|
45,150 |
|
|
|
Bank Of Hawaii Corp |
|
1,000 shares |
|
|
51,140 |
|
|
|
Banner Corp |
|
1,000 shares |
|
|
28,730 |
|
|
|
Bel Fuse Inc |
|
1,475 shares |
|
|
43,173 |
|
|
|
Belden Inc |
|
1,950 shares |
|
|
86,775 |
|
|
|
Big 5 Sporting Goods Corp |
|
1,200 shares |
|
|
17,304 |
|
|
|
Bio Radiology Labs Inc |
|
400 shares |
|
|
41,448 |
|
|
|
Black Box Corp |
|
1,700 shares |
|
|
61,489 |
|
|
|
Bok Financial Corp |
|
845 shares |
|
|
43,687 |
|
|
|
Cabot Corp |
|
800 shares |
|
|
26,672 |
|
|
|
Cabot Oil & Gas Corp |
|
1,500 shares |
|
|
60,555 |
|
|
|
Caci International Inc |
|
1,700 shares |
|
|
76,109 |
|
|
|
Cambrex Corp |
|
2,400 shares |
|
|
20,112 |
|
|
|
CEC Entertainment Inc |
|
1,700 shares |
|
|
44,132 |
|
|
|
Central Pacific Financial Corp |
|
2,033 shares |
|
|
37,529 |
|
|
|
Charming Shoppes Inc |
|
11,150 shares |
|
|
60,322 |
|
|
|
Checkpoint Systems Inc |
|
1,900 shares |
|
|
49,362 |
|
|
|
Chicago Bridge & Iron |
|
500 shares |
|
|
30,220 |
|
|
|
Ciber Inc |
|
6,900 shares |
|
|
42,159 |
|
|
|
Cimarex Energy Co |
|
1,007 shares |
|
|
42,828 |
|
|
|
Citizens Republic Bancorp Inc |
|
6,200 shares |
|
|
89,962 |
|
|
|
Clarcor Inc |
|
3,250 shares |
|
|
123,403 |
|
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, 2007
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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): |
|
|
|
|
|
|
|
|
|
|
Columbia Banking Systems Inc |
|
700 shares |
|
$ |
20,811 |
|
|
|
Comstock Resources Inc |
|
600 shares |
|
|
20,400 |
|
|
|
Comtech Telecommunications |
|
1,700 shares |
|
|
91,817 |
|
|
|
Core Laboratories |
|
277 shares |
|
|
34,547 |
|
|
|
Corn Products International Inc |
|
1,145 shares |
|
|
42,079 |
|
|
|
CSG Systems International Inc |
|
1,600 shares |
|
|
23,552 |
|
|
|
Delphi Financial Group Inc |
|
2,200 shares |
|
|
77,616 |
|
|
|
East West Bancorp Inc |
|
1,200 shares |
|
|
29,076 |
|
|
|
ECI Telecom Ltd |
|
3,799 shares |
|
|
37,990 |
|
|
|
Education Reality Trust Inc |
|
3,300 shares |
|
|
37,092 |
|
|
|
El Paso Electric Co |
|
4,347 shares |
|
|
111,153 |
|
|
|
Endurance Specialty Holdings Ltd |
|
1,600 shares |
|
|
66,768 |
|
|
|
Energen Corp |
|
2,352 shares |
|
|
151,069 |
|
|
|
Energy East Corp |
|
1,925 shares |
|
|
52,379 |
|
|
|
Entercom Communications Corp |
|
5,575 shares |
|
|
76,322 |
|
|
|
Fairchild Semiconductor International |
|
7,125 shares |
|
|
102,814 |
|
|
|
Fei Company |
|
900 shares |
|
|
22,347 |
|
|
|
Ferro Corp |
|
3,400 shares |
|
|
70,482 |
|
|
|
First Financial Bankshares Inc |
|
600 shares |
|
|
22,590 |
|
|
|
First Midwest Bancorp Inc |
|
1,283 shares |
|
|
39,260 |
|
|
|
First Place Financial Corp |
|
2,000 shares |
|
|
27,980 |
|
|
|
Foot Locker Inc |
|
3,600 shares |
|
|
49,176 |
|
|
|
Forest Oil Corp |
|
335 shares |
|
|
17,031 |
|
|
|
Forrester Resh Inc |
|
1,600 shares |
|
|
44,832 |
|
|
|
Fuller H B Co |
|
4,450 shares |
|
|
99,903 |
|
|
|
G & K Services Inc |
|
750 shares |
|
|
28,140 |
|
|
|
General Cable Corp |
|
5,786 shares |
|
|
423,998 |
|
|
|
General Communication Inc |
|
8,025 shares |
|
|
70,219 |
|
|
|
Global Payments Inc |
|
2,197 shares |
|
|
102,204 |
|
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, 2007
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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): |
|
|
|
|
|
|
|
|
|
|
Graco Inc |
|
2,150 shares |
|
$ |
80,109 |
|
|
|
Greatbatch Inc |
|
711 shares |
|
|
14,213 |
|
|
|
Greif Inc |
|
500 shares |
|
|
32,685 |
|
|
|
Hanmi Financial Corp |
|
100 shares |
|
|
862 |
|
|
|
Harleysville Group Inc |
|
900 shares |
|
|
31,842 |
|
|
|
Harris Stratex Networks Inc |
|
3,500 shares |
|
|
58,450 |
|
|
|
Harsco Corp |
|
4,450 shares |
|
|
285,112 |
|
|
|
Harte-Hanks Inc |
|
6,375 shares |
|
|
110,288 |
|
|
|
Health Care Reit Inc |
|
1,811 shares |
|
|
80,934 |
|
|
|
Home Properities Inc |
|
3,107 shares |
|
|
139,349 |
|
|
|
Hornbeck Offshore Services Inc |
|
936 shares |
|
|
42,073 |
|
|
|
Iberia Bank Corp |
|
1,250 shares |
|
|
58,438 |
|
|
|
ICT Group Inc |
|
4,000 shares |
|
|
47,800 |
|
|
|
Insight Enterprises Inc |
|
1,625 shares |
|
|
29,640 |
|
|
|
Integrated Device Tech Inc |
|
13,300 shares |
|
|
150,423 |
|
|
|
Interactive Data Corp |
|
3,600 shares |
|
|
118,836 |
|
|
|
Inventiv Health Inc |
|
1,600 shares |
|
|
49,536 |
|
|
|
IPC Holdings Ltd |
|
1,466 shares |
|
|
42,323 |
|
|
|
Jack In The Box Inc |
|
2,100 shares |
|
|
54,117 |
|
|
|
Journal Communications Inc |
|
3,700 shares |
|
|
33,078 |
|
|
|
Kadant Inc |
|
1,600 shares |
|
|
47,472 |
|
|
|
Kennametal Inc |
|
3,500 shares |
|
|
132,510 |
|
|
|
Kforce Inc |
|
2,213 shares |
|
|
21,577 |
|
|
|
Knoll Inc |
|
1,700 shares |
|
|
27,931 |
|
|
|
Lakeland Financial Corp |
|
1,600 shares |
|
|
33,440 |
|
|
|
Lance Inc |
|
3,100 shares |
|
|
63,302 |
|
|
|
Landstar Systems Inc |
|
870 shares |
|
|
36,671 |
|
|
|
Max Capital Group Ltd |
|
2,500 shares |
|
|
69,975 |
|
|
|
Maximus Inc |
|
975 shares |
|
|
37,645 |
|
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, 2007
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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): |
|
|
|
|
|
|
|
|
|
|
MB Financial Inc |
|
2,000 shares |
|
$ |
61,660 |
|
|
|
Mettler-Toledo International Inc |
|
2,925 shares |
|
|
332,865 |
|
|
|
Microstrategy Inc |
|
500 shares |
|
|
47,550 |
|
|
|
Minerals Technologies Inc |
|
600 shares |
|
|
40,170 |
|
|
|
Molina Healthcare Inc |
|
1,400 shares |
|
|
54,180 |
|
|
|
Moneygram International Inc |
|
3,500 shares |
|
|
53,795 |
|
|
|
Monro Muffler Brake Inc |
|
900 shares |
|
|
17,541 |
|
|
|
Moog Inc |
|
1,788 shares |
|
|
81,908 |
|
|
|
Navigant Consulting Inc |
|
2,400 shares |
|
|
32,808 |
|
|
|
Navigators Group Inc |
|
700 shares |
|
|
45,500 |
|
|
|
Noble International Ltd |
|
1,000 shares |
|
|
16,310 |
|
|
|
Northwest Natural Gas Co |
|
2,000 shares |
|
|
97,320 |
|
|
|
Oceaneering International Inc |
|
1,600 shares |
|
|
107,760 |
|
|
|
Old Dominion Freight Lines Inc |
|
2,400 shares |
|
|
55,464 |
|
|
|
Oxford Industries Inc |
|
3,400 shares |
|
|
87,618 |
|
|
|
Pacer International Inc Tennessee |
|
2,195 shares |
|
|
32,047 |
|
|
|
Pacific Continental Corp |
|
990 shares |
|
|
12,335 |
|
|
|
Pantry Inc |
|
1,500 shares |
|
|
39,195 |
|
|
|
Parametric Technology Corp |
|
4,400 shares |
|
|
78,540 |
|
|
|
Parkway Properties Inc |
|
1,000 shares |
|
|
36,980 |
|
|
|
Perot Systems Corp |
|
12,900 shares |
|
|
174,150 |
|
|
|
Philadelphia Consolidated Holding Corp |
|
2,075 shares |
|
|
81,651 |
|
|
|
Platinum Underwriters Holdings |
|
1,648 shares |
|
|
58,603 |
|
|
|
Preferred Bank Los Angeles California |
|
550 shares |
|
|
14,311 |
|
|
|
Progress Software Corp |
|
1,800 shares |
|
|
60,624 |
|
|
|
Prosperity Bancshares Inc |
|
2,665 shares |
|
|
78,324 |
|
|
|
Ramco-Gershenson Properties Trust |
|
3,100 shares |
|
|
66,247 |
|
|
|
Rayonier Inc |
|
2,462 shares |
|
|
116,305 |
|
|
|
RC2 Corp |
|
2,700 shares |
|
|
75,789 |
|
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, 2007
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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 |
|
$ |
16,454 |
|
|
|
S Y Bancorp Inc |
|
1,091 shares |
|
|
26,119 |
|
|
|
Scholastic Corp |
|
450 shares |
|
|
15,701 |
|
|
|
Scotts Miracle-Gro Company |
|
4,120 shares |
|
|
154,170 |
|
|
|
Skywest Inc |
|
1,200 shares |
|
|
32,220 |
|
|
|
Southwest Bancorp Inc Oklahoma |
|
1,131 shares |
|
|
20,731 |
|
|
|
Spartan Stores Inc |
|
2,600 shares |
|
|
59,410 |
|
|
|
St Mary Land & Exploration |
|
1,500 shares |
|
|
57,915 |
|
|
|
Stancorp Financial Group Inc |
|
1,250 shares |
|
|
62,975 |
|
|
|
Standex International Corp |
|
3,352 shares |
|
|
58,492 |
|
|
|
Stifel Finl Corp |
|
1,000 shares |
|
|
52,570 |
|
|
|
Sun Cmntys Inc |
|
1,800 shares |
|
|
37,926 |
|
|
|
Swift Energy Co |
|
1,200 shares |
|
|
52,932 |
|
|
|
Sybase Inc |
|
3,000 shares |
|
|
78,270 |
|
|
|
Sykes Enterprises Inc |
|
3,075 shares |
|
|
55,350 |
|
|
|
Tanger Factory Outlet Center Inc |
|
1,250 shares |
|
|
47,138 |
|
|
|
Taubman Centers Inc |
|
1,100 shares |
|
|
54,109 |
|
|
|
Technitrol Inc |
|
3,725 shares |
|
|
106,461 |
|
|
|
Tenneco Inc |
|
1,011 shares |
|
|
26,357 |
|
|
|
Tower Group Inc |
|
1,100 shares |
|
|
36,740 |
|
|
|
Trueblue Inc |
|
1,541 shares |
|
|
22,314 |
|
|
|
Trustmark Corp |
|
1,900 shares |
|
|
48,184 |
|
|
|
UCBH Holdings Inc |
|
1,300 shares |
|
|
18,408 |
|
|
|
United Bankshares Inc West Virginia |
|
3,100 shares |
|
|
86,862 |
|
|
|
United Stationers Inc |
|
3,125 shares |
|
|
144,405 |
|
|
|
URS Corp |
|
5,194 shares |
|
|
282,189 |
|
|
|
Vectren Corp |
|
5,125 shares |
|
|
148,675 |
|
|
|
Viad Corp |
|
3,150 shares |
|
|
99,476 |
|
|
|
Wausu Paper Corp |
|
3,800 shares |
|
|
34,162 |
|
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, 2007
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(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): |
|
|
|
|
|
|
|
|
|
|
Werner Enterprises Inc |
|
4,333 shares |
|
$ |
73,791 |
|
|
|
West Coast Bancorp Oregon |
|
1,400 shares |
|
|
25,900 |
|
|
|
Westamerica Bancorporation |
|
1,600 shares |
|
|
71,279 |
|
|
|
WSFS Financial Corp |
|
800 shares |
|
|
40,160 |
|
|
|
Zep Inc |
|
200 shares |
|
|
2,774 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total common stock |
|
|
|
|
|
$ |
497,540,098 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest at 5.00% 11.50%, |
|
|
|
|
* |
|
Participant Loans |
|
maturing through 2029 |
|
$ |
50,749,133 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total investments |
|
|
|
|
|
$ |
4,196,220,314 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Column (d) for Cost has been omitted as investments are participant-directed |
|
* Indicates a party-in-interest |
27
SIGNATURES
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
(Name of Plan)
|
|
Date: June 18, 2008 |
By: |
/s/ Stacy J. Smith
|
|
|
|
Stacy J. Smith |
|
|
|
Vice President, Chief Financial Officer and
Principal Accounting Officer |
|
|
28