form_11k.htm
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 11-K
ANNUAL REPORT
Pursuant to Section 15(d) of the
Securities and Exchange Act of 1934
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x
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ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
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For the fiscal year ended December 31, 2009
OR
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¨
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TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
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For the transition period from to
Commission file number 001-13585
A. Full title of the Plan and the address of the Plan, if different from that of the issuer named below:
CoreLogic, Inc.
401(k) Savings Plan
B. Name of issuer of the securities held pursuant to the Plan and the address of its principal executive office:
CoreLogic, Inc.
4 First American Way
Santa Ana, California 92707
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Page
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3
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Financial Statements
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4
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5
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6
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Supplemental Schedule
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14
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15
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| Consent of Independent Registered Certified Public Accounting Firm |
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* All other schedules required by the Department of Labor Rules and Regulations for Reporting and
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Disclosure under the Employee Retirement Income Security Act of 1974 have been omitted because
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they are not applicable.
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Report of Independent Registered Certified Public Accounting Firm
To the Participants and Administrator of
CoreLogic, Inc. 401(k) Savings Plan
In our opinion, the accompanying statements of net assets available for benefits and the related statement of changes in net assets available for benefits present fairly, in all material respects, the net assets available for benefits of CoreLogic, Inc. 401(k) Savings Plan (the “Plan”) at December 31, 2009 and 2008, and the changes in net assets available for benefits for the year ended December 31, 2009 in conformity with accounting principles generally accepted in the United States of America. 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 of these statements 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. An audit 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.
Our audits were conducted for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental schedule of assets (held at end of year) is presented for the purpose of additional analysis and is not a required part of the basic 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 the audits of the basic financial statements and, in our opinion, is fairly stated in all material respects in relation to the basic financial statements taken as a whole.
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/s/ PricewaterhouseCoopers LLP
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Tampa, Florida
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June 29, 2010
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CoreLogic, Inc.
401(k) Savings Plan
Statements of Net Assets Available for Benefits
At December 31, 2009 and 2008
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2009
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2008
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Investments, at fair value
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$ |
73,026,253 |
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$ |
53,763,702 |
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Participant loans
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1,967,835 |
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1,697,023 |
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Total investments
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74,994,088 |
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55,460,725 |
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Receivables:
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Dividends
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74,053 |
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54,916 |
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Employer contributions
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- |
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3,926,221 |
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Total receivables
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74,053 |
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3,981,137 |
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Total assets
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75,068,141 |
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59,441,862 |
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Liabilities
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Excess contributions payable
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195,074 |
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17,654 |
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Net assets available for benefits
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$ |
74,873,067 |
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$ |
59,424,208 |
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The accompanying notes are an integral part of these financial statements.
CoreLogic, Inc.
401(k) Savings Plan
Statement of Changes in Net Assets Available for Benefits
At December 31, 2009
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2009
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Net appreciation in fair value of investments
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$ |
14,000,914 |
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Interest and dividend income
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1,270,525 |
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Total investment income
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15,271,439 |
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Contributions:
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Participants
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7,852,993 |
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Rollover
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434,117 |
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Total contributions
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8,287,110 |
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Total additions
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23,558,549 |
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Deductions
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Benefits paid to participants
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(8,091,374 |
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Administrative expenses
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(20,070 |
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Total deductions
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(8,111,444 |
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Increase in net assets
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15,447,105 |
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Transfer of assets
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1,754 |
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Net Assets Available for Benefits
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Beginning of year
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59,424,208 |
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End of year
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$ |
74,873,067 |
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The accompanying notes are an integral part of these financial statements.
CoreLogic, Inc.
401(k) Savings Plan
Notes to Financial Statements
December 31, 2009
The following description of the CoreLogic, Inc. 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
Effective January 1, 2004, the First Advantage Corporation (“First Advantage”), which was then a publicly traded subsidiary of The First American Corporation ("First American") created the Plan, which was originally named the First Advantage Corporation 401(k) Savings Plan. Prior to January 1, 2004, employees of First Advantage were eligible to participate in The First American Corporation 401(k) Savings Plan (the “First American Plan”), which was available to substantially all employees of First American and its subsidiaries. All employees of First Advantage who participated in the First American Plan and their related plan assets were transferred into the Plan.
In November 2009, First American completed the acquisition of all outstanding shares of First Advantage. Participation in the Plan was not affected. All First Advantage common shares were tendered to First American in exchange for First American common shares.
On June 1, 2010, First American separated its financial services companies from its information solutions companies via a spin-off transaction, resulting in two separate publicly traded entities. The financial services companies were spun-off into a new publicly traded, New York Stock Exchange-listed company called First American Financial Corporation (“FAFC”). In connection with the spin-off, ownership of the “First American” name and trademarks were transferred to FAFC as was the trading symbol FAF.
Concurrently with the FAFC spin-off, First American changed its name by merging into its subsidiary, CoreLogic, Inc. (“CoreLogic” or the “Company”) and changed its trading symbol to CLGX.
Effective February 23, 2010, the name of the First Advantage Corporation 401(k) Plan was changed to the First American Information Solutions Company 401(k) Plan. In April 2010, the name of the Plan was changed to CoreLogic, Inc 401(k) Savings Plan. All employees of the First American information solutions companies who participated in The First American Corporation 401(k) Saving Plan (the “First American Plan”) and their related assets were transferred into the Plan on February 23, 2010, as part of the transaction.
The Plan is a defined contribution profit sharing plan covering employees of adopting employers and subsidiaries greater than 50% owned by the Company. An employee is eligible to participate in the Plan if the employee is at least 21 years of age (effective February 23, 2010, age 18) and has been employed by the Company for at least 30 days. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 (“ERISA”).
A participant may direct contributions in 1% increments to any of twenty-six investment options. Participants may change their investment options daily.
The Plan’s trustee and record keeper are Fidelity Management Trust Company and Fidelity Investments Institutional Operations Company, respectively.
Contributions
Participants classified as non-highly compensated may contribute from 1% to 60% of pretax annual compensation. Participants classified as highly compensated may contribute from 1% to 15% of pretax annual compensation. Contributions are subject to Internal Revenue Service (“IRS”) limitations.
CoreLogic, Inc.
401(k) Savings Plan
Notes to Financial Statements
December 31, 2009
Discretionary matching amounts may be contributed by the Company at the discretion of the Company’s Board of Directors. The Company did not make a matching contribution for the year ended December 31, 2009. Participants may also roll over distributions from other qualified 401(k) plans or Rollover (“Conduit”) Individual Retirement Accounts.
The Plan, as required by the IRS Code, performs an annual test to ensure that highly compensated participants, as defined by ERISA, are not disproportionately favored under the Plan versus non-highly compensated individuals. The Plan failed the test as of December 31, 2009 and 2008. During 2009 and 2008, excess contributions from highly compensated participants were made to the Plan. In March 2010 and 2009, the Plan made reimbursements of excess contributions and related earnings to highly compensated participants to maintain compliance with the IRS Code in the amount of $195,074 and $17,654, respectively.
Participant Accounts
Participant account activity may include a participant’s own contributions, any Company contributions, investment earnings or losses, and a quarterly account maintenance fee. Allocations of Company contributions are based on participant compensation and participant contributions to the Plan. The benefit to which a participant is entitled is the benefit that can be provided from the participant’s vested account.
Vesting
Participants are immediately vested in their contributions and the Company’s contributions, plus actual earnings thereon.
The Plan allows for participant withdrawals in lump sum upon retirement, death, disability, termination or attainment of the eligible age as defined by the Plan. Participants may also withdraw from their account balances, as defined by the Plan, in the event of financial hardship, which is determined pursuant to the provisions of the IRS Code; and from any amounts rolled over from a 401(k) plan or Rollover (“Conduit”) Individual Retirement Account.
Loans
Participants may borrow a portion of their account balance pursuant to rules and procedures established by the Plan’s administrative committee. The amount borrowed may not exceed the lesser of 50% of the value of the participant’s account balance or $50,000. Participants may have only one loan outstanding at a time.
Transfers
During 2009, there was a total of $1,754 in assets transferred into the Plan from the First American Plan.
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2.
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Summary of Significant Accounting Policies
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Basis of Accounting
The accompanying financial statements have been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America (“GAAP”).
CoreLogic, Inc.
401(k) Savings Plan
Notes to Financial Statements
December 31, 2009
Investment Valuation and Income Recognition
Investments in mutual funds are valued at the net asset values of the underlying funds and common stock are stated at quoted market prices (except for the Fidelity Equity Index Pool Fund investments which are public investment vehicles valued using the net asset value ("NAV") provided by the administrator of the fund.). Security transactions are accounted for on the date securities are purchased or sold (trade date). Dividend income is recorded in the participant accounts on the ex-dividend date. Interest income is recognized on an accrual basis as earned.
The Plan presents in the statement of changes in net assets available for benefits the net appreciation (depreciation) in the fair value of its investments which consists of the realized gains (losses) and the unrealized appreciation (depreciation) on those investments.
Payment of Benefits
Benefits are recorded when paid.
Use of Estimates
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires the Plan’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts in the statement of changes in net assets available for benefits during the reporting period. Actual results could differ from those estimates.
Risks and Uncertainties
The Plan provides for various investment options in any combination of stocks, mutual funds and other investment securities. Investment securities are exposed to various risks such as interest rate, market and credit risk. Due to the level of risk associated with certain investment securities and the level of uncertainty related to changes in the value of investment securities, it is at least reasonably possible that changes in circumstances in the near term would materially affect participants’ account balances and the amounts reported in the statements of net assets available for benefits and the statement of changes in net assets available for benefits.
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3.
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Fair Value Measurements
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GAAP defines fair value as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities required to be recorded at fair value, the Plan considers the principal or most advantageous market in which it would transact and considers assumptions that market participants would use when pricing the asset or liability, such as inherent risk, transfer restrictions, and risk of nonperformance.
GAAP also establishes a fair value hierarchy that requires the Plan to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. GAAP establishes three levels of inputs that may be used to measure fair value:
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Level 1: quoted prices in active markets for identical assets or liabilities;
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CoreLogic, Inc.
401(k) Savings Plan
Notes to Financial Statements
December 31, 2009
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Level 2: inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices in active markets for similar assets or liabilities, quoted prices for identical or similar assets or liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities; or
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Level 3: unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.
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Investments Measured at Fair value on a Recurring Basis
The following tables present the financial assets the Plan measures at fair value on a recurring basis, based on such fair value hierarchy:
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Fair Value Measurements
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Total Fair
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Using Input Type
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Value as of
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Level 1
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Level 2
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Level 3
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December 31, 2009
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Money market funds
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$ |
7,410,158 |
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$ |
- |
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$ |
- |
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$ |
7,410,158 |
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The First American Corporation common stock
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11,078,617 |
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- |
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- |
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11,078,617 |
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Fidelity Equity Index Pool Fund
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- |
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2,495,603 |
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- |
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2,495,603 |
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Mutual funds
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52,041,875 |
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- |
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- |
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52,041,875 |
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Participant loans
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- |
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- |
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1,967,835 |
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1,967,835 |
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Total investments measured at fair value
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$ |
70,530,650 |
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$ |
2,495,603 |
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$ |
1,967,835 |
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$ |
74,994,088 |
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Fair Value Measurements
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Total Fair
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Using Input Type
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Value as of
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Level 1
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Level 2
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Level 3
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December 31, 2008
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Money market funds
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$ |
6,604,590 |
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$ |
- |
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$ |
- |
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$ |
6,604,590 |
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First Advantage Corporation common stock
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2,815,390 |
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- |
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- |
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2,815,390 |
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The First American Corporation common stock
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7,212,052 |
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- |
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- |
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7,212,052 |
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Fidelity Equity Index Pool Fund
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- |
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1,888,377 |
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- |
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1,888,377 |
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Mutual funds
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35,243,293 |
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- |
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- |
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35,243,293 |
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Participant loans
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- |
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- |
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1,697,023 |
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1,697,023 |
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Total investments measured at fair value
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$ |
51,875,325 |
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$ |
1,888,377 |
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$ |
1,697,023 |
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$ |
55,460,725 |
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The Plan’s valuation methodology used to measure the fair values of money market funds, common stock and mutual funds were derived from quoted market prices as all of these instruments have active markets. The Fidelity Equity Index Pool Fund investments are public investment vehicles valued using the net asset value ("NAV") provided by the administrator of the fund. The NAV is classified within Level 2 of the valuation hierarchy because the NAV’s unit price is quoted on a private market that is not active; however, the unit price is based on underlying investments which are traded on an active market. The valuation techniques used to measure fair value of participant loans, all of which mature by the end of 2019 and are secured by vested account balances of borrowing participants, were derived using a discounted cash flow model with inputs derived from unobservable market data. The participant loans are included at their carrying values, in the statements of net assets available for benefits, which approximated their fair
CoreLogic, Inc.
401(k) Savings Plan
Notes to Financial Statements
December 31, 2009
values at December 31, 2009 and 2008.
The table below sets forth a summary of changes in the fair value of the Plan’s Level 3 assets for the year ended December 31, 2009.
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Level 3 Assets
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Participant Loans
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Balance as of January 1, 2009
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$ |
1,697,023 |
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Issuances, repayments, and settlements, net
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270,812 |
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Balance as of December 31, 2009
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$ |
1,967,835 |
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The following investments represent 5% or more of the Plan’s net assets available for benefits at December 31, 2009 and 2008:
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2009
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2008
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Mutual Funds
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Fidelity Institutional Money Market Fund
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$ |
7,410,158 |
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$ |
6,604,590 |
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Fidelity Diversified International Fund
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6,956,813 |
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4,861,433 |
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Lord Abbett Small Cap Value Fund Class I
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6,820,144 |
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4,940,965 |
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Fidelity Balanced Fund
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5,554,278 |
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4,283,733 |
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Davis NY Venture Y Fund
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5,221,728 |
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3,883,975 |
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Fidelity US Bond Index Fund
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4,599,462 |
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4,116,514 |
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Common Stock
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The First American Corporation Common Stock
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11,078,617 |
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7,212,052 |
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During 2009, the Plan’s investments, including gains and losses on investments bought and sold, as well as held during the year, appreciated in value by $14,000,914 as follows:
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2009
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Mutual funds
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$ |
12,023,811 |
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The First American Corporation common stock
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1,112,130 |
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First Advantage Corporation common stock
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864,973 |
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$ |
14,000,914 |
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CoreLogic, Inc.
401(k) Savings Plan
Notes to Financial Statements
December 31, 2009
Investment Options
Participant contributions and investment earnings are directed by the Plan participants to the following investment options with the exception of funds “frozen” due to a fund closing:
Money Market Fund
Money market funds invest in U.S. dollar denominated securities, such as bills, notes, bonds and repurchase agreements. More than 25% of the total assets of the fund may be invested in the financial services industry.
Bond Index Fund
Bond funds invest in securities, such as bills, notes, bonds and other direct obligations issued by corporations and the United States Treasury. The bond index fund normally will invest at least 80% of its total assets in bonds included in the Barclays Capital U.S. Aggregate Index. The objective of a bond fund is to provide a higher level of current income than money market funds with minimal fluctuations in principal. The additional objective of the bond index fund is to seek results that correspond to the total return of the bonds in the Barclays Capital U.S. Aggregate Index while maintaining similar risk characteristics.
Short Term Bond Fund
Short term bond funds invest in all types of bonds, including U.S. Government, corporate, mortgage and foreign. In the Plan, the short term bond fund invests mainly in short and intermediate-maturity bonds. The objective of a short term bond fund is to provide maximum total return, consistent with preservation of capital and prudent investment management.
Balanced Fund
Balanced funds invest a majority (generally not less than 60%) of their assets in equity securities and the remainder in bonds and other debt securities, including lower-quality debt securities. Balanced funds may invest in securities of domestic and foreign issuers. The objective of a balanced fund is to seek income and long-term growth of capital.
Target Date Funds
Target date funds allow investors to select the fund that best matches their expected retirement year. They invest in a diversified portfolio of other mutual funds to provide moderate asset allocation. The allocation strategy is based on the number of years until the respective target date and gradually becomes more conservative as it approaches the target date. The objective is to provide high total returns until the retirement date, and thereafter, the goal is to seek high current income with a secondary goal of capital appreciation.
Large Cap Equity Index Fund
Equity index funds invest primarily in the common stocks that make up a widely recognized unmanaged index of common stocks. In the Plan, the equity index fund invests mainly in the common stocks of the 500 companies that make up the Standard & Poors 500 Index. The fund seeks to approximate the composition and total return of the Standard & Poors 500 Index.
Large Cap Growth Stock Fund
Large cap growth stock funds invest primarily in common stocks of companies with large market capitalizations that the investment manager believes have more growth potential than other companies with similar market capitalizations. The objective is to seek long-term growth of capital.
CoreLogic, Inc.
401(k) Savings Plan
Notes to Financial Statements
December 31, 2009
Large Cap Value Stock Fund
Large cap value stock funds invest primarily in common stocks of companies with large market capitalizations that the investment manager believes are undervalued relative to the common stocks of other companies with similar market capitalizations. The objective is to seek long-term growth of capital.
Mid Cap Equity Fund
Mid cap equity funds invest primarily in common stocks of companies with mid and small capitalizations that the investment manager believes have more growth potential than other companies with similar market capitalization. The objective is to seek maximum long-term growth of capital.
Small Cap Growth Stock Fund
Small cap growth stock funds invest primarily in common stocks of companies with small capitalizations and to some degree in companies with mid-size capitalizations that the investment manager believes have more growth potential than other companies with similar market capitalization. While they have potential for significant growth, small capitalization companies tend to have greater risk than large capitalization companies. The objective is to seek long-term growth of capital.
Small Cap Value Stock Fund
Small cap value stock funds invest primarily in common stocks of companies with small market capitalizations and to some degree in companies with mid-size capitalizations that the investment manager believes are undervalued relative to the common stocks of other companies with similar market capitalizations, thereby providing the potential for significant capital appreciation. Small capitalization companies tend to have greater risk than large capitalization companies. The objective is to seek long-term growth of capital.
International Index Fund
An international index funds builds its portfolio by buying a large proportion of stocks included in a particular international index; therefore, reproducing the performance of an entire section of the market. The objective is to seek to provide investment results that correspond to the total returns of foreign stock markets.
International Fund
International funds invest primarily (normally at least 65% of their assets) in foreign securities. Normally, international stock funds invest primarily in common stocks. International funds carry additional risks, including political and economic uncertainties of foreign companies as well as the risk of currency fluctuations. The objective is to seek long-term growth of capital.
Company Stock Funds
These funds invested in the common shares of First Advantage Corporation and The First American Corporation and such other assets, awaiting investment in First Advantage and First American shares, as the plan trustee considers advisable.
CoreLogic, Inc.
401(k) Savings Plan
Notes to Financial Statements
December 31, 2009
|
5.
|
Related Party and Party-in-interest Transactions
|
The Company, which qualifies as a party-in-interest, absorbs certain administrative expenses of the Plan (effective February 23, 2010, some administrative expenses are paid by the participants). Such transactions qualify for a statutory exemption. Total expenses paid by the Company were $79,637 for the year ended December 31, 2009.
In November 2009, First American completed the acquisition of outstanding shares of First Advantage, a publicly traded subsidiary. Participation in the Plan was not affected. All First Advantage common shares were tendered for First American common shares, at the date of the merger.
The Plan held First Advantage stock with fair values of $2,815,390 at December 31, 2008. At December 31, 2008, 198,932 shares of common stock were held by the Plan. The Plan made purchases and sales of the First Advantage Corporation Stock Fund during 2009 and 2008.
The Plan held First American stock with fair values of $11,078,617 and $7,212,052 at December 31, 2009 and 2008, respectively. At December 31, 2009 and 2008; 334,571 and 249,619 shares of common stock are held by the plan, respectively. The Plan made purchases and sales of the First American Corporation Stock Fund during 2009 and 2008.
Certain Plan investments are shares of mutual funds managed by Fidelity Management Trust Company. Fidelity Management Trust Company is the trustee as defined by the Plan and, therefore, these transactions qualify as party-in-interest transactions. The fair value of such investments totaled $41,739,869 and $32,125,135 at December 31, 2009 and 2008, respectively.
Although it has not expressed any intent to do so, the Company has the right under the Plan to terminate the Plan subject to the provisions of ERISA. In the event of Plan termination, the net assets of the Plan will be distributed to the participants in accordance with the provisions of ERISA.
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7.
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Federal Income Tax Status
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The Plan has applied for a determination letter from the Internal Revenue Service, but has not yet received one. However, the plan administrator believes the Plan is designed and is currently being operated in compliance with applicable requirements of the Internal Revenue Code Section 401, and is, therefore, exempt from federal income taxes.
Net assets available for plan benefits as of December 31, 2009 and 2008, included $15,396,149 and $16,644,251, respectively, representing the vested portion of accounts of participants who have terminated their employment with the Company, for which disbursement of their account balances has not yet been requested.
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9.
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Concentrations of Credit Risk
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Financial instruments which potentially subject the Plan to concentrations of credit risk consist of the Plan’s investments. Net assets available for benefits held in The First American Corporation stock were $11,078,617 and $7,212,052 at December 31, 2009 and 2008, respectively. These investments potentially subject the Plan to concentrations of credit risk as all investments are exposed to market risk from changes in asset valuations.
The Plan has evaluated subsequent events and determined that no subsequent events have occurred requiring adjustments to the financial statements or disclosures.
CoreLogic, Inc.
401(k) Savings Plan
EIN: 61-1437565 PN: 32040
Schedule I: Schedule H, Line 4i: Schedule of Assets (Held at End of Year)
December 31, 2009
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(c)
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Description of Investment,
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(b)
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Including Maturity Date,
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(e)
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Identity of Issue, Borrower
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Rate of Interest, Collateral,
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Current
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(a)
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Lessor or Similar Party
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Par or Maturity Value
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Value
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* |
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The First American Corporation
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334,571 shares of common stock
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$ |
11,078,617 |
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* |
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Fidelity Group
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Fidelity Institutional Money Market Fund
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7,410,158 |
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* |
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Fidelity Group
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Fidelity Diversified International Fund
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6,956,813 |
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Lord Abbett
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Small Cap Value Fund Class I
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6,820,144 |
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* |
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Fidelity Group
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Fidelity Balanced Fund
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5,554,278 |
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Davis Funds
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NY Venture Y Fund
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5,221,728 |
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* |
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Fidelity Group
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Fidelity US Bond Index Fund
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4,599,462 |
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American Funds
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The Growth Fund of America Class R5
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3,642,989 |
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* |
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Fidelity Group
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Fidelity Low Priced Stock Fund
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2,916,442 |
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* |
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Fidelity Group
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Fidelity Equity Index Pool Fund
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2,495,603 |
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Vanguard
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Explorer Admiral Class Fund
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2,193,940 |
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* |
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Fidelity Group
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Fidelity Freedom 2035 Fund
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1,926,691 |
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* |
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Fidelity Group
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Fidelity Freedom 2025 Fund
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1,694,281 |
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* |
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Fidelity Group
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Fidelity Freedom 2040 Fund
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1,424,720 |
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* |
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Fidelity Group
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Fidelity Freedom 2030 Fund
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1,288,246 |
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Pimco
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PIMCO Low Duration Institution Fund
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1,243,423 |
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* |
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Fidelity Group
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Fidelity Freedom 2045 Fund
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1,207,336 |
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Vanguard
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Strategic Equity Fund
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1,085,543 |
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* |
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Fidelity Group
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Fidelity Freedom 2020 Fund
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1,006,724 |
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* |
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Fidelity Group
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Spartan Intl Index Fund
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978,352 |
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* |
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Fidelity Group
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Fidelity Freedom Income Fund
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668,705 |
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* |
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Fidelity Group
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Fidelity Freedom 2015 Fund
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666,127 |
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* |
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Fidelity Group
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Fidelity Freedom 2050 Fund
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662,890 |
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* |
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Fidelity Group
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Fidelity Freedom 2010 Fund
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|
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137,952 |
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* |
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Fidelity Group
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Fidelity Freedom 2005 Fund
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87,486 |
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* |
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Fidelity Group
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Fidelity Freedom 2000 Fund
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57,603 |
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* |
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Participant loans
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Fully amortized with various maturities through December 2019 and interest rates ranging from 4.25 percent to 9.25 percent
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1,967,835 |
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$ |
74,994,088 |
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* |
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Denotes party-in-interest
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Under ERISA, an asset held for investment purposes is any asset held by the Plan on the last day of the
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Plan's fiscal year or acquired at any time during the Plan's fiscal year and disposed of any time before the
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last day of the Plan's fiscal year, with certain exceptions. Cost information may be omitted with respect to
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the participant directed investments.
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The Plan. Pursuant to the requirements of the Securities Exchange Act of 1934, the Committee administering the Plan has duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.
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CoreLogic, Inc.
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401(k) Savings Plan
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Date: June 29, 2010
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By:
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Anthony S. Piszel
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Chief Financial Officer
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CoreLogic, Inc.
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