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These excerpts taken from the GWW 10-K filed Feb 27, 2008. Retirement Plans
A majority of the Company’s employees are covered by a noncontributory profit sharing plan. This plan provides for annual employer contributions generally based upon a formula related primarily to earnings before federal income taxes, limited to 25% of the total eligible compensation paid to all eligible employees. The Company also sponsors additional defined contribution plans, which cover most of the other employees. Provisions under all plans were $130.2 million, $114.3 million and $92.8 million for the years ended December 31, 2007, 2006 and 2005, respectively.
43 Retirement Plans A majority of the Company’s employees are covered by a noncontributory profit sharing plan. This plan provides for annual employer contributions generally based upon a formula related primarily to earnings before federal income taxes, limited to 25% of the total eligible compensation paid to all eligible employees. The Company also sponsors additional defined contribution plans, which cover most of the other employees. Provisions under all plans were $130.2 million, $114.3 million and $92.8 million for the years ended December 31, 2007, 2006 and 2005, respectively. 43 This excerpt taken from the GWW 10-K filed Feb 27, 2007. Retirement Plans
A majority of the Company’s employees are covered by a noncontributory profit sharing plan. This plan provides for annual employer contributions generally based upon a formula related primarily to earnings before federal income taxes, limited to 25% of the total eligible compensation paid to all eligible employees. The Company also sponsors additional defined contribution plans, which cover most of the other employees. Provisions under all plans were $114.3 million, $92.8 million and $74.2 million for the years ended December 31, 2006, 2005 and 2004, respectively.
This excerpt taken from the GWW 10-K filed Mar 6, 2006. Retirement Plans
A majority of the Company’s employees are covered by a noncontributory profit sharing plan. This plan provides for annual employer contributions generally based upon a formula related primarily to earnings before federal income taxes, limited to 25% of the total compensation paid to all eligible employees. The Company also sponsors additional defined contribution plans, which cover most of the other employees. Provisions under all plans were $92.8 million, $74.2 million and $45.9 million for the years ended December 31, 2005, 2004 and 2003, respectively.
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