f11k.htm
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
11-K
(Mark
One)
x
|
ANNUAL
REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF
1934
|
|
For
the fiscal year ended December 31,
2008
|
OR
o
|
TRANSITION
REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF
1934
|
|
For
the transition period from _____ to
_____
|
Commission
File Number 000-03683
Full
title of the plan and the address of the plan, if different from that of the
issuer named below:
Trustmark
401(k) Plan
Name of
issuer of the securities held pursuant to the plan and the address of its
principal executive office:
TRUSTMARK
CORPORATION
248 E.
Capitol Street
Jackson,
Mississippi 39201
TRUSTMARK
401(k) PLAN
Jackson,
Mississippi
Audited
Financial Statements
Years
Ended December 31, 2008 and 2007
CONTENTS
|
|
Report
of Independent Registered Public Accounting Firm
|
1
|
|
|
|
|
Audited
Financial Statements
|
|
|
|
Statements
of Net Assets Available for Benefits
|
2
|
|
|
Statements
of Changes in Net Assets Available for Benefits
|
3
|
|
|
Notes
to Financial Statements
|
4 –
9
|
|
|
Supplemental
Schedule
|
|
|
|
Schedule
of Assets (Held at End of Year)
|
10
|
|
|
|
|
Signatures |
11 |
|
|
Exhibit
Index |
12
|
Note: Supplemental
schedules required by the Employee Retirement Income Security Act of 1974 not
included herein are deemed not applicable to Trustmark 401(k) Plan.
REPORT
OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
The Plan
Administrator
Trustmark
401(k) Plan
Jackson,
Mississippi
We have
audited the accompanying statements of net assets available for benefits of the
Trustmark
401(k) Plan (the "Plan") as of December 31, 2008 and 2007 and the related
statements of changes in net assets available for benefits for the years then
ended. These financial statements are the responsibility of the Plan's
management. Our responsibility is to express an opinion on these
financial statements based on our audits.
We
conducted our audits in accordance with the standards of the Public Company
Accounting Oversight Board (United States). Those standards require that we plan
and perform the audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement. An audit includes examining, on a
test basis, evidence supporting the amounts and disclosures in the financial
statements. An audit also includes assessing the accounting principles used and
significant estimates made by management, as well as 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 as of
December 31, 2008 and 2007 and the changes in net assets available for
benefits for the years then ended, in conformity with U.S. generally accepted
accounting principles.
Our
audits were performed 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) as of December 31, 2008, 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 United States
Department of Labor Rules and Regulations for Reporting and Disclosure under the
Employee Retirement Income Security Act of 1974. The supplemental schedule is
the responsibility of the Plan's management. The supplemental schedule has been
subjected to the auditing procedures applied in the audit 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.
Jackson,
Mississippi
June 29,
2009
TRUSTMARK
401(k) PLAN
|
Statements
of Net Assets Available for Benefits
|
December
31, 2008 and 2007
|
|
|
2008
|
|
|
2007
|
|
Investments,
at fair value
|
|
|
|
|
|
|
Money
market accounts
|
|
$ |
31,881,326 |
|
|
$ |
22,062,331 |
|
Fixed
income mutual funds
|
|
|
7,810,677
|
|
|
|
6,360,746
|
|
Common
stock of Trustmark Corporation
|
|
|
29,703,880
|
|
|
|
36,405,629
|
|
Equity
mutual funds
|
|
|
54,065,789
|
|
|
|
86,226,280
|
|
Total
investments
|
|
|
123,461,672
|
|
|
|
151,054,986
|
|
Receivables
|
|
|
|
|
|
|
|
|
Employer
contributions
|
|
|
302,226
|
|
|
|
290,563
|
|
Participant
contributions
|
|
|
220,581
|
|
|
|
236,676
|
|
Total
receivables
|
|
|
522,807
|
|
|
|
527,239
|
|
|
|
|
|
|
|
|
|
|
Net
assets available for benefits
|
|
$ |
123,984,479 |
|
|
$ |
151,582,225 |
|
See
accompanying notes to financial statements.
|
|
|
|
|
TRUSTMARK
401(k) PLAN
|
Statements
of Changes in Net Assets Available for Benefits
|
Years
ended December 31, 2008 and 2007
|
|
|
2008
|
|
|
2007
|
|
Contributions
|
|
|
|
|
|
|
Employer
|
|
$ |
5,227,721 |
|
|
$ |
5,287,076 |
|
Participant
|
|
|
7,385,069
|
|
|
|
7,591,075
|
|
Other
|
|
|
399,161 |
|
|
|
396,373
|
|
Total
contributions
|
|
|
13,011,951
|
|
|
|
13,274,524
|
|
Net
investment income (loss)
|
|
|
|
|
|
|
|
|
Net
depreciation in fair value of investments
|
|
|
(39,115,920 |
)
|
|
|
(12,134,644 |
)
|
Interest
and dividends
|
|
|
5,706,367 |
|
|
|
10,330,476
|
|
Net
investment loss
|
|
|
(33,409,553 |
)
|
|
|
(1,804,168 |
)
|
Benefits
paid to participants
|
|
|
(7,198,022 |
)
|
|
|
(10,356,527 |
)
|
Administrative
fees
|
|
|
(2,122 |
)
|
|
|
(29,766 |
)
|
Net
(decrease) increase in net
|
|
|
|
|
|
|
|
|
assets
available for benefits
|
|
|
(27,597,746 |
)
|
|
|
1,084,063
|
|
Net
assets available for benefits
|
|
|
|
|
|
|
|
|
Beginning of year
|
|
|
151,582,225 |
|
|
|
150,498,162
|
|
|
|
|
|
|
|
|
|
|
End of year
|
|
$ |
123,984,479 |
|
|
$ |
151,582,225 |
|
See
accompanying notes to financial statements.
|
|
|
|
|
TRUSTMARK
401(k) PLAN
Years
Ended December 31, 2008 and 2007
NOTES
TO FINANCIAL STATEMENTS
Note
1. Plan Description
The
following description of the Trustmark 401(k) Plan (the "Plan") provides
only general information. Participants should refer to the Plan agreement for a
more complete description of the Plan's provisions.
General
The Plan
is a defined contribution plan established for the associates of Trustmark
Corporation (the "Company") and certain other associated companies. The
Plan is subject to the provisions of the Employee Retirement Income Security Act
("ERISA") of 1974.
Eligibility
Effective
January 1, 2004, the Plan was amended to provide eligibility for
participation in elective deferrals by associates on the first day of the
month after thirty days of employment. Prior to 2004, the Plan provided
eligibility for participation on the first day of the month following the
completion of at least 1,000 hours of service during the twelve-month period
ending on the anniversary of an associate's employment commencement
date.
Plan
Administration
Nationwide
Life Insurance Company and Nationwide Trust Company served as custodians of the
Plan's assets through January 31, 2007. Effective February 1, 2007,
the Company named Federated Retirement Plan Services as custodian of the Plan's
assets. The Plan administrator and sponsor is Trustmark Corporation, parent
company of Trustmark National Bank. The Plan's trustee functions are handled by
Trustmark National Bank.
Participant
Accounts
Each
participant's account is credited with the participant's contribution and
allocations of (a) the Company's contribution and (b) Plan earnings, and charged
with an allocation of administrative expenses. Allocations are based
on participant earnings or account balances, as defined. The benefit
to which a participant is entitled is the benefit that can be provided from the
participant's vested account.
Participant
Contributions
The Plan
allows participants to make voluntary before-tax salary deferral contributions,
through payroll deductions, to separately invested funds in accordance with
Section 401(k) of the Internal Revenue Code ("IRC"). If certain
requirements of IRC Section 401(k) are not met in Plan operation, the
salary deferral agreements of participants may, on a nondiscriminatory and
uniform basis, be amended or revoked to preserve the qualified status of the
Plan. Voluntary after-tax contributions by participants are not
allowed.
TRUSTMARK
401(k) PLAN
Years
Ended December 31, 2008 and 2007
NOTES
TO FINANCIAL STATEMENTS
Note
1. Plan Description (Continued)
Participants
may elect to contribute up to 75 percent of eligible compensation each period,
subject to regulatory limitations. Any excess contributions must be returned to
the applicable participant by April 15 of the calendar year following the
year of excess contributions. The Plan allows for rollover contributions from
individual retirement accounts, IRC Section 457(b) plans or other qualified
plans.
Provisions
of the Plan allow participants who were age 50 years or older by the end of
the calendar year to make catch-up contributions to the Plan. Catch-up
contributions represent associate compensation deferrals in excess of certain
Plan limits and statutory limits, including Internal Revenue Service ("IRS")
annual deferral limits.
Employer
Contributions
Eligible
participant contributions are matched by the employer at a rate of 100 percent
of the first 6 percent of covered compensation. The employer may also
make discretionary contributions. No such contributions were made for
the years ended December 31, 2008 and 2007.
Investment
Options
Participants
may direct investment of their account balance among several investment
options.
Vesting
Participants
are immediately vested in their voluntary contributions, employer contributions
made on their behalf and the investment earnings and losses
thereon.
Payment of
Benefits
On
retirement, death, disability or termination of service, a participant may elect
to receive a lump-sum distribution equal to his or her account balance or in
installments. In addition, hardship distributions are permitted if certain
criteria are met.
Plan
Termination
Although
it has not expressed any intent to do so, the Company has the right under the
Plan to discontinue its contributions at any time and to terminate the Plan
subject to the provisions of ERISA. However, no such action may deprive any
participant or beneficiary under the Plan of any vested benefit.
TRUSTMARK
401(k) PLAN
Years
Ended December 31, 2008 and 2007
NOTES
TO FINANCIAL STATEMENTS
Note
2. Significant Accounting Policies
Basis of
Presentation
The
Plan's financial statements are prepared using the accrual basis of accounting,
with the exception of the payment of benefits, which are recognized as a
reduction in the net assets available for benefits of the Plan as they are
disbursed to participants.
Use of
Estimates
The
preparation of financial statements in conformity with U.S. generally accepted
accounting principles requires management to make estimates and assumptions that
affect the reported amounts of net assets and changes therein, and disclosure of
contingent assets and liabilities. Actual results could differ from those
estimates.
Valuation of Investments and
Income Recognition
Investments
are stated at fair value. The fair value of mutual funds and other securities
traded on a national securities exchange are valued at the closing quoted market
price on the last business day of the year.
Purchases
and sales of securities are recorded on a trade-date basis. Interest
income is recorded on the accrual basis. Dividends are recorded on
the ex-dividend date.
Net Depreciation in Fair
Value of Investments
Net
depreciation in fair value of investments, as recorded in the accompanying
statements of changes in net assets available for benefits, includes changes in
the fair value of investments acquired, sold or held during the
year.
Administrative
Fees
Administrative
fees are paid by the Plan. All other fees, including professional fees, are paid
by the Company.
Risks and
Uncertainties
The
Plan's investments include funds which invest in various types of investment
securities and in various companies within various markets. Investment
securities are exposed to several risks, such as interest rate, market and
credit risks. Due to the level of risk associated with certain investment
securities, it is at least reasonably possible that changes in the values of
investment securities will occur in the near term and that such changes could
materially affect participant's account balances and the amounts reported in the
statements of net assets available for benefits.
TRUSTMARK
401(k) PLAN
Years
Ended December 31, 2008 and 2007
NOTES
TO FINANCIAL STATEMENTS
Note
2. Significant Accounting Policies (Continued)
Subsequent
to year-end, the credit and liquidity crisis in the United States and throughout
the global financial system has resulted in substantial volatility in
financial markets and the banking system. These and other economic
events have had a significant adverse impact on investment portfolios. As
a result, the Plan's investments have likely incurred a significant decline in
fair value since December 31, 2008. In addition, certain non-readily
marketable investments are significantly less liquid than they have been
historically (and in some cases the counter parties have imposed redemption
restrictions).
Note
3. Investments
The fair
value of individual investments that represent 5 percent or more of the Plan's
net assets as of December 31, 2008 and 2007, were as follows:
|
|
2008
|
|
|
2007
|
|
Investments
at fair value as determined by quoted market
price
|
|
|
|
|
|
|
Common
stock of Trustmark Corporation
|
|
$ |
29,703,880 |
|
|
$ |
36,405,629 |
|
Performance
Funds Trust Mutual Funds
|
|
|
|
|
|
|
|
|
Large-Cap
Equity Fund
|
|
|
N/A |
|
|
|
8,517,797
|
|
Mid-Cap
Equity Fund
|
|
|
N/A |
|
|
|
11,003,027
|
|
Franklin
Mutual Discovery Fund
|
|
|
N/A |
|
|
|
8,801,766
|
|
Investments
at cost, which approximates fair value
|
|
|
|
|
|
|
|
|
Federated
Capital Preservation Fund
|
|
|
23,412,641
|
|
|
|
14,805,319
|
|
Federated
Prime Obligation Fund
|
|
|
8,468,685
|
|
|
|
N/A |
|
During
2008 and 2007, the Plan's investments (including investments bought and sold, as
well as held during the year) depreciated in value as follows:
|
|
2008
|
|
|
2007
|
|
Change
in investments at fair value as determined by quoted market
price
|
|
|
|
|
Common
stock of Trustmark Corporation
|
|
$ |
(4,133,882 |
)
|
|
$ |
(9,697,231 |
)
|
Mutual
funds
|
|
|
(34,982,038 |
)
|
|
|
(2,437,413 |
)
|
Net
depreciation in fair value of
|
|
|
|
|
|
|
|
|
investments
|
|
$ |
(39,115,920 |
)
|
|
$ |
(12,134,644 |
)
|
The Plan
provides participants the opportunity to annually elect whether cash dividends
paid on employer stock will be invested in shares of employer stock within the
individual participant's account or be paid to the participant in
cash.
TRUSTMARK
401(k) PLAN
Years
Ended December 31, 2008 and 2007
NOTES
TO FINANCIAL STATEMENTS
Note
4. Tax Status
The IRS
has determined and informed the Company by a letter dated November 19,
2001, that the Plan and related trust are designed in accordance with applicable
sections of the IRC. The Plan has been amended since receiving the determination
letter. However, the Plan administrator believes that the Plan is designed and
is currently being operated in compliance with the applicable requirements of
the IRC.
Note
5. Related Parties
Certain
Plan investments are invested in the common stock of the
Company. Investment transactions in employer securities qualify as
party in-interest transactions. For the years ended December 31,
2008 and 2007, dividends of $1,329,105 and $1,285,482, respectively, were
received by the Plan from the Company.
Trustmark
National Bank serves as the investment advisor for the Performance Funds Trust
Mutual Funds.
Note
6. Contingencies
The
Company and its subsidiaries are parties to lawsuits and other claims that arise
in the ordinary course of business. Some of the lawsuits assert claims related
to various business activities and some of the lawsuits allege substantial
claims for damages. The cases are being vigorously contested. In the regular
course of business, management evaluates estimated losses or costs related to
litigation, and provision is made for anticipated losses whenever management
believes that such losses are probable and can be reasonably estimated. At the
present time, management believes, based on the advice of legal counsel, that
the final resolution of pending legal proceedings will not have a material
impact on the Company or the Plan's financial statements.
Note
7. Fair Value Measurements
FASB
Statement No. 157, Fair Value
Measurements, establishes a framework for measuring fair value. That
framework provides a fair value hierarchy that prioritizes the inputs to
valuation techniques used to measure fair value. The hierarchy gives the highest
priority to unadjusted quoted prices in active markets for identical assets or
liabilities (level 1 measurements) and the lowest priority to unobservable
inputs (level 3 measurements). The three levels of the fair value hierarchy
under FASB Statement No. 157 are described as follows:
·
|
Level
1 Inputs to the valuation methodology are unadjusted quoted prices for
identical assets or liabilities in active markets that the Plan has the
ability to access.
|
TRUSTMARK
401(k) PLAN
Years
Ended December 31, 2008 and 2007
NOTES
TO FINANCIAL STATEMENTS
Note
7. Fair Value Measurements (Continued)
·
|
Level
2 Inputs to the valuation methodology include: quoted prices
for similar assets or liabilities in active markets; quoted prices for
identical or similar assets or liabilities in inactive markets; inputs
other than quoted prices that are observable for the asset or liability;
inputs that are derived principally from or corroborated by observable
market data by correlation or other means. If the asset or
liability has a specified (contractual) term, the level 2 input must be
observable for substantially the full term of the asset or
liability.
|
·
|
Level
3 Inputs to the valuation methodology are unobservable and significant to
the fair value measurement.
|
The asset
or liability's fair value measurement level within the fair value hierarchy is
based on the lowest level of any input that is significant to the fair value
measurement. Valuation techniques used need to maximize the use of observable
inputs and minimize the use of unobservable inputs.
Following
is a description of the valuation methodologies used for assets measured at fair
value. There have been no changes in the methodologies used at December 31, 2008
and 2007.
Common stock of Trustmark
Corporation: Valued at the closing price reported on the active market on
which the individual securities are traded.
Money market accounts and mutual
funds: Valued at the net asset value ("NAV") of shares held by the Plan
at year-end.
The
preceding methods described may produce a fair value calculation that may not be
indicative of net realizable value or reflective of future fair values.
Furthermore, although the Plan believes its valuation methods are appropriate
and consistent with other market participants, the use of different
methodologies or assumptions to determine the fair value of certain financial
instruments could result in a different fair value measurement at the reporting
date.
The
following table sets forth by level, within the fair value hierarchy, the Plan's
assets at fair value as of December 31, 2008:
|
|
Level
1
|
|
|
Level
2
|
|
|
Level
3
|
|
Money
market accounts
|
|
$ |
31,881,326 |
|
|
$ |
- |
|
|
$ |
- |
|
Mutual
funds |
|
|
61,876,466 |
|
|
|
- |
|
|
|
- |
|
Common
stocks
|
|
|
29,703,880 |
|
|
|
- |
|
|
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
assets at fair value
|
|
$ |
123,461,672 |
|
|
$ |
- |
|
|
$ |
- |
|
|
TRUSTMARK
401(k) PLAN
|
|
Plan
Sponsor: Trustmark Corporation
|
|
Plan
Sponsor: EIN 64-0471500
|
|
Plan
Number: 002
|
|
Schedule
H, Line 4i – Schedule of Assets (Held at End of Year)
|
|
December
31, 2008
|
|
|
(a)
|
(b)
Identity of Issue, Borrower,
|
|
(c)
Description of Investment, Including Maturity Date, Rate
|
|
Shares/
Units
|
|
|
|
(e)
Current
|
|
|
Lessor,
or Similar Party
|
|
of
Interest, Collateral, Par, or Maturity Value
|
|
Held
|
|
(d)
Cost |
|
Value
|
|
|
Money
market accounts |
|
|
|
|
|
|
|
|
|
|
|
Federated
|
|
Capital
Preservation Fund
|
|
|
2,341,264 |
|
|
|
$ |
23,412,641 |
|
|
|
Federated
|
|
Prime
Obligations Fund
|
|
|
8,468,685 |
|
|
|
|
8,468,685
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
money market accounts
|
|
|
|
|
|
|
|
31,881,326
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fixed
income mutual funds |
|
|
|
|
|
|
|
|
|
|
|
* |
|
Performance
Funds Trust
|
|
Short-Term
Government Income Fund
|
|
|
276,030 |
|
|
|
|
2,774,106
|
|
* |
|
Performance
Funds Trust
|
|
Intermediate
Term Government Income Fund
|
|
|
193,762 |
|
|
|
|
2,079,067
|
|
|
|
American
Funds
|
|
High
Income Trust Fund
|
|
|
63,600 |
|
|
|
|
497,352
|
|
|
|
Federated
|
|
Mortgage
Institutional Services Fund
|
|
|
60,359 |
|
|
|
|
582,460
|
|
|
|
Federated
|
|
Intermediate
Corporate Bond Institutional Services Fund
|
|
|
18,745 |
|
|
|
|
165,894
|
|
|
|
Federated
|
|
Total
Return Bond Institutional Services Fund
|
|
|
168,153 |
|
|
|
|
1,711,798
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
fixed income mutual funds
|
|
|
|
|
|
|
|
7,810,677
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common
stock fund |
|
|
|
|
|
|
|
|
|
|
|
* |
|
Trustmark
Corporation
|
|
Common
stock
|
|
|
1,375,817 |
|
|
|
|
29,703,880
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Equity
mutual funds |
|
|
|
|
|
|
|
|
|
|
|
* |
|
Performance
Funds Trust
|
|
Mid-Cap
Equity Fund
|
|
|
850,508 |
|
|
|
|
6,183,192
|
|
* |
|
Performance
Funds Trust
|
|
Large-Cap
Equity Fund
|
|
|
774,954 |
|
|
|
|
5,308,437
|
|
* |
|
Performance
Funds Trust
|
|
Leader's
Equity Fund
|
|
|
191,536 |
|
|
|
|
1,017,058
|
|
* |
|
Performance
Funds Trust
|
|
Strategic
Dividend Fund
|
|
|
45,428 |
|
|
|
|
351,161
|
|
|
|
American
Funds
|
|
Euro
Pacific Growth Fund
|
|
|
42,212 |
|
|
|
|
1,163,349
|
|
|
|
Davis
|
|
New
York Venture Fund
|
|
|
44,485 |
|
|
|
|
1,050,733
|
|
|
|
Federated
|
|
Kaufmann
Fund
|
|
|
227,465 |
|
|
|
|
818,876
|
|
|
|
Federated
|
|
Kaufmann
Small-Cap Fund
|
|
|
19,271 |
|
|
|
|
280,779
|
|
|
|
Federated
|
|
MDT
Balanced Fund
|
|
|
345,040 |
|
|
|
|
3,281,335
|
|
|
|
Federated
|
|
Mid-Cap
Index Fund
|
|
|
173,923 |
|
|
|
|
2,266,212
|
|
|
|
Franklin
|
|
Balance
Sheet Investment Fund
|
|
|
95,690 |
|
|
|
|
3,367,331
|
|
|
|
Franklin
|
|
Mutual
Discovery Fund
|
|
|
251,475 |
|
|
|
|
5,607,890
|
|
|
|
Goldman
Sachs
|
|
Structured
Small-Cap Equity Fund
|
|
|
225,324 |
|
|
|
|
1,662,894
|
|
|
|
JP
Morgan
|
|
Mid-Cap
Value Fund
|
|
|
111,543 |
|
|
|
|
1,711,074
|
|
|
|
Nationwide
|
|
Investor
Destinations Aggressive Services Fund
|
|
|
207,646 |
|
|
|
|
1,289,481
|
|
|
|
Nationwide
|
|
Investor
Destinations Conservative Services Fund
|
|
|
52,778 |
|
|
|
|
488,199
|
|
|
|
Nationwide
|
|
Investor
Destinations Moderate Services Fund
|
|
|
385,099 |
|
|
|
|
2,868,985
|
|
|
|
Nationwide
|
|
Investor
Destinations Moderately Aggressive Services Fund
|
|
|
286,482 |
|
|
|
|
1,973,863
|
|
|
|
Nationwide
|
|
Investor
Destinations Moderately Conservative Services Fund
|
|
|
64,985 |
|
|
|
|
547,172
|
|
|
|
Neuberger
|
|
Neuberger
Berman Genesis Assets Advantage Fund
|
|
|
225,396 |
|
|
|
|
4,084,173
|
|
|
|
Oppenheimer
|
|
Global
Fund
|
|
|
49,109 |
|
|
|
|
1,879,900
|
|
|
|
Oppenheimer
|
|
International
Small Co Fund
|
|
|
81,800 |
|
|
|
|
750,103
|
|
|
|
Oppenheimer
|
|
Main
Street Small-Cap Fund
|
|
|
13,962 |
|
|
|
|
169,501
|
|
|
|
Van
Kampen
|
|
Growth
& Income Fund
|
|
|
111,268 |
|
|
|
|
1,572,211
|
|
|
|
T.
Rowe Price
|
|
Growth
Stock Fund
|
|
|
133,539 |
|
|
|
|
2,553,261
|
|
|
|
Templeton
|
|
Foreign
Fund
|
|
|
409,599 |
|
|
|
|
1,818,619
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
equity mutual funds
|
|
|
|
|
|
|
|
54,065,789
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
Assets (Held at End of Year)
|
|
|
|
|
|
|
$ |
123,461,672 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
* |
|
Denotes
party-in-interest based on the following relationship:
|
|
|
|
|
|
|
|
|
|
|
|
Trustmark National Bank serves as investment advisor for Performance Funds
Trust; Trustmark Corporation
|
|
|
|
|
|
|
|
|
is
the parent company of Trustmark National Bank.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(d) |
|
Cost
information is omitted due to transactions being participant or
beneficiary directed under an individual account plan. |
|
|
|
|
|
|
|
|
|
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the trustees
(or other persons who administer the employee benefit plan) have duly caused
this annual report to be signed on its behalf by the undersigned hereunto duly
authorized.
TRUSTMARK
401(k) PLAN
BY: TRUSTMARK CORPORATION,
PLAN SPONSOR AND ADMINISTRATOR
BY:
|
/s/
Louis E. Greer |
|
|
|
Louis
E. Greer
|
|
|
|
Treasurer
and Principal Financial Officer
|
|
|
|
|
|
|
DATE:
|
June
29, 2009
|
|
|
|
|
|
|
EXHIBIT
INDEX
Exhibit
Number
|
|
Description
of Exhibits
|
|
|
|
23
|
|
Consent
of Independent Registered Public Accounting
Firm
|