-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, io1Jk9I2l3+6bSDh9+4X0aBKThd/Jth/6aOJwp4q7OB0lHbU0gsMksIXswT1Snuv wqq5CepQBB5YDswUgRBoaQ== 0000950152-95-001418.txt : 199506300000950152-95-001418.hdr.sgml : 19950630 ACCESSION NUMBER: 0000950152-95-001418 CONFORMED SUBMISSION TYPE: 11-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19941231 FILED AS OF DATE: 19950629 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: OHM CORP CENTRAL INDEX KEY: 0000788964 STANDARD INDUSTRIAL CLASSIFICATION: HAZARDOUS WASTE MANAGEMENT [4955] IRS NUMBER: 341503050 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 11-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09654 FILM NUMBER: 95550708 BUSINESS ADDRESS: STREET 1: 16406 US RTE 224 EAST CITY: FINDLAY STATE: OH ZIP: 45840 BUSINESS PHONE: 4194233529 MAIL ADDRESS: STREET 1: P.O. BOX 551 CITY: FINDLAY STATE: OH ZIP: 45839-0551 FORMER COMPANY: FORMER CONFORMED NAME: ENVIRONMENTAL TREATMENT & TECHNOLOGIES CORP DATE OF NAME CHANGE: 19890209 FORMER COMPANY: FORMER CONFORMED NAME: ENVIRONMENTAL TREATMENT & TECHNOLOGY CORP DATE OF NAME CHANGE: 19880816 11-K 1 OHM CORP 11-K 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ FORM 11-K ANNUAL REPORT Pursuant to Section 15(d) of the Securities Exchange Act of 1934 COMMISSION FILE NUMBER 1-9654 OHM Corporation (Issuer of the Securities held pursuant to the Plan) OHM Corporation Retirement Savings Plan (Full Title of Plan) 16406 U.S. ROUTE 224 EAST, FINDLAY, OH 45840 (Address of principal executive offices) (Zip Code) (419) 423-3529 (Registrant's telephone number, including area code) (Mark One): ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1933 (FEE REQUIRED) X For the fiscal year ended December 31, 1994 - ----- TRANSITION REPORT PURSUANT TO SECTION 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 (NO FEE REQUIRED) - ----- For the transmission period from ________ to _______ 2 REQUIRED INFORMATION The following financial statements for the OHM Corporation Retirement Savings Plan are being filed herewith:
Description Page No. - ----------- -------- Audited Financial Statements: - ----------------------------- Report of Independent Auditors..................................Page 1 Statements of Net Assets Available for Plan Benefits............Page 2 Statements of Changes in Net Assets Available for Plan Benefits Page 4 Notes to Financial Statements...................................Page 6 Schedules - --------- Assets Held for Investment......................................Page 11 Transactions or Series of Transactions in Excess of 5% of the Current Value of Plan Assets..................................Page 12
The following exhibit will be filed herewith:
Exhibit No. Description Page No. - ----------- ----------- -------- 1 Consent of Independent Auditors Page 15
3 SIGNATURE Pursuant to the requirements of the Securities Act of 1934, the Plan Committee members have duly caused this annual report to be signed and undersigned thereunto duly authorized. OHM CORPORATION RETIREMENT SAVINGS PLAN Date: June 26, 1995 By: /s/ RANDALL M. WALTERS ---------------------- Randall M. Walters Vice President, General Counsel and Secretary Committee Chairman, OHM Corporation Retirement Savings Plan Committee 4 Audited Financial Statements and Schedules OHM Corporation Retirement Savings Plan Years ended December 31, 1994 and 1993 with Report of Independent Auditors 5 OHM Corporation Retirement Savings Plan Audited Financial Statements and Schedules Years ended December 31, 1994 and 1993 CONTENTS Report of Independent Auditors . . . . . . . . . . . . . . . . . . . . . . 1 Audited Financial Statements Statements of Net Assets Available for Plan Benefits . . . . . . . . . . . 2 Statements of Changes in Net Assets Available for Plan Benefits . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Notes to Financial Statements . . . . . . . . . . . . . . . . . . . . . . 6 Schedules Assets Held for Investment . . . . . . . . . . . . . . . . . . . . . . . . 11 Transactions or Series of Transactions in Excess of 5% of the Current Value of Plan Assets . . . . . . . . . . . . . . . . . . . 12 6 Report of Independent Auditors Board of Directors OHM Corporation Retirement Savings Plan We have audited the accompanying statements of net assets available for plan benefits of OHM Corporation Retirement Savings Plan as of December 31, 1994 and 1993, and the related statements of changes in net assets available for plan 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 generally accepted auditing standards. 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 plan benefits of the Plan at December 31, 1994 and 1993, and the changes in its net assets available for plan benefits for the years then ended, in conformity with 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 accompanying supplemental schedules of assets held for investment as of December 31, 1994 and transactions or series of transactions in excess of 5% of the current value of plan assets for the year then ended, are presented for purposes of complying with the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974, and are not a required part of the basic financial statements. The supplemental schedules have been subjected to the auditing procedures applied in our audit of the basic financial statements and, in our opinion, are fairly stated in all material respects in relation to the 1994 basic financial statements taken as a whole. ERNST & YOUNG LLP Columbus, Ohio May 5, 1995 1 7 OHM Corporation Retirement Savings Plan Statements of Net Assets Available for Plan Benefits December 31, 1994
(NCB) (NCB) (NCB) OHM Stable Aggressive (NCB) Equity Employer Value Growth Balance Index Loan Stock Fund Fund Fund Fund Fund Fund Total ASSETS Investments: Interest bearing cash deposits (overdrafts) $ (27,073) $ 308,125 $ (144,558) $ (61,439) $ (75,055) $ -- $ -- Invested in NCC Money Market Portfolio 68,584 1,531 744,148 485,617 471,212 58 1,771,150 Invested in OHM Common Stock 1,367,489 -- -- -- -- -- 1,367,489 Invested in LaSalle Income Plus Fund -- 4,223,626 -- -- -- -- 4,223,626 Invested in Putnam Voyager Fund -- -- 3,630,109 -- -- -- 3,630,109 Invested in Fidelity Balanced Fund -- -- -- 2,904,406 -- -- 2,904,406 Invested in S&P 500 Flagship Fund -- -- -- -- 2,231,956 -- 2,231,956 Loans to participants -- -- -- -- -- 202,792 202,792 ------------------------------------------------------------------------------------ Total investments 1,409,000 4,533,282 4,229,699 3,328,584 2,628,113 202,850 16,331,528 Receivables: Interest receivable 37,293 114,408 134,043 83,032 69,304 1,093,364 1,531,444 Due from (to) other funds 268,889 (87,693) (60,604) (111,065) (9,405) (122) -- ------------------------------------------------------------------------------------- Total receivables 306,182 26,715 73,439 (28,033) 59,899 1,093,242 1,531,444 ------------------------------------------------------------------------------------- Total assets 1,715,182 4,559,997 4,303,138 3,300,551 2,688,012 1,296,092 17,862,972 Distribution/refunds payable (3,484) (97,966) (5,733) (29,378) (8,112) (41,089) (185,762) Other liabilities -- -- -- -- -- -- -- ------------------------------------------------------------------------------------ Total liabilities (3,484) (97,966) (5,733) (29,378) (8,112) (41,089) (185,762) Net assets available ------------------------------------------------------------------------------------ for plan benefits $1,711,698 $4,462,031 $4,297,405 $ 3,271,173 $2,679,900 $1,255,003 $17,677,210 =====================================================================================
See accompanying notes. 2 8 OHM Corporation Retirement Savings Plan Statements of Net Assets Available for Plan Benefits December 31, 1993 (Mellon) OHM (Mellon) (Mellon) Balance (Mellon) Employer Income Growth Conservative Loan Stock Fund Fund Fund Fund Fund Total ----------------------------------------------------------------------------------------- ASSETS Investments: Interest bearing cash deposits $ 43,986 $ 45,385 $ 185,921 $1,179,999 $ 99 $ 1,455,390 Invested in OHM Common Stock 1,660,796 - - - - 1,660,796 Invested in GIC Fund - 420,675 - - - 420,675 Invested in Vanguard Fixed Income Securities Fund - 4,367,739 - - - 4,367,739 Invested in EB Stock/Bond Funds - - 3,678,419 2,391,835 - 6,070,254 Loans to participants - - - - 1,737,227 1,737,227 ----------------------------------------------------------------------------------------- Total investments 1,704,782 4,833,799 3,864,340 3,571,834 1,737,326 15,712,081 Receivables: Interest receivable 15,296 105,837 8,497 25,432 (46) 155,016 Due (to) from other funds (24,976) (203,768) 130,560 98,192 (8) - ----------------------------------------------------------------------------------------- Total receivables (9,680) (97,931) 139,057 123,624 (54) 155,016 ----------------------------------------------------------------------------------------- Total assets 1,695,102 4,735,868 4,003,397 3,695,458 1,737,272 15,867,097 Distribution/refunds payable (87,782) (85,745) (5,340) (4,970) (15,982) (199,819) Other liabilities (23,874) (99,667) (73,016) (38,635) (728,848) (964,040) ----------------------------------------------------------------------------------------- Total liabilities (111,656) (185,412) (78,356) (43,605) (744,830) (1,163,859) ----------------------------------------------------------------------------------------- Net assets available for plan benefits $1,583,446 $4,550,456 $ 3,925,041 $3,651,853 $992,442 $14,703,238 =========================================================================================
See accompanying notes. 3 9 OHM Corporation Retirement Savings Plan Statements of Changes in Net Assets Available for Plan Benefits Year ended December 31, 1994
OHM (NCB) (NCB) (NCB) Employer Stable Aggressive (NCB) Equity Stock Value Growth Balance Index Fund Fund Fund Fund Fund ---------------------------------------------------------------------------------- ADDITIONS Investment income (loss) $ 618,224 $ 149,694 $ 25,453 $ 60,952 $ 20,097 Employee contributions 519,900 441,791 558,217 352,036 299,203 Employer contributions 160,759 142,930 181,243 122,422 102,335 Rollover 55,212 38,600 100,377 25,118 35,816 ---------------------------------------------------------------------------------- Total additions 1,354,095 773,015 865,290 560,528 457,451 Deduction-benefits/distributions paid to plan participants and beneficiaries (294,744) (348,537) (53,940) (51,056) (28,790) Other: Net unrealized appreciation (depreciation) of investments (1,025,030) - 84,858 (108,811) 30,509 Transfers in (out) 93,931 4,037,553 3,401,197 2,870,512 2,220,730 ---------------------------------------------------------------------------------- Net increase (decrease) in deduction and other (1,225,843) 3,689,016 3,432,115 2,710,645 2,222,449 ---------------------------------------------------------------------------------- Change in net assets available for plan benefits 128,252 4,462,031 4,297,405 3,271,173 2,679,900 Net assets available at December 31, 1993 1,583,446 - - - - ---------------------------------------------------------------------------------- Net assets available at December 31, 1994 $1,711,698 $4,462,031 $4,297,405 $3,271,173 $2,679,900 ==================================================================================
(Mellon) (Mellon) (Mellon) Balance Income Growth Conservative Loan Fund Fund Fund Fund Total ---------------------------------------------------------------------------------- ADDITIONS Investment income (loss) $ (103,539) $ (139,939) $ (57,154) $ - $ 573,788 Employee contributions 436,734 579,980 432,349 - 3,620,210 Employer contributions 153,270 171,611 140,412 - 1,174,982 Rollover 3,441 27,325 9,610 - 295,499 ---------------------------------------------------------------------------------- Total additions 489,906 638,977 525,217 - 5,664,479 Deduction-benefits/distributions paid to plan participants and beneficiaries (258,840) (355,380) (217,719) (73,384) (1,682,390) Other: Net unrealized appreciation (depreciation) of investments - - - - (1,018,474) Transfers in (out) (4,781,522) (4,208,638) (3,959,351) 335,945 10,357 ---------------------------------------------------------------------------------- Net increase (decrease) in deduction and other (5,040,362) (4,564,018) (4,177,070) 262,561 (2,690,507) ---------------------------------------------------------------------------------- Change in net assets available for plan benefits (4,550,456) (3,925,041) (3,651,853) 262,562 2,973,972 Net assets available at December 31, 1993 4,550,456 3,925,041 3,651,853 992,442 14,703,238 ---------------------------------------------------------------------------------- Net assets available at December 31, 1994 $ - $ - $ - $1,255,003 $17,677,210 ==================================================================================
See accompanying notes. 4 10 OHM Corporation Retirement Savings Plan Statements of Changes in Net Assets Available for Plan Benefits Year ended December 31, 1993
(Mellon) OHM (Mellon) (Mellon) Balance Employer Income Growth Conservative Loan Stock Fund Fund Fund Fund Fund Total ADDITIONS Investment income $ 75,957 $ 306,427 $ 86,124 $ 124,120 $ 78,804 $ 671,432 Employee contributions 325,211 923,954 896,761 700,921 -- 2,846,847 Employer contributions 102,654 270,575 229,180 196,998 -- 799,407 Rollover 38,867 18,257 62,824 24,982 -- 144,930 ---------------------------------------------------------------------------------------- Total additions 542,689 1,519,213 1,274,889 1,047,021 78,804 4,462,616 Deduction-benefits/distributions paid to plan participants and beneficiaries (231,523) (541,866) (366,117) (388,335) (87,708) (1,615,549) Other: Net unrealized appreciation (depreciation) of investments 541,505 (31,204) 250,496 133,358 -- 894,155 Transfers in (out) (401,347) (505,652) 586,180 123,527 221,215 23,923 ----------------------------------------------------------------------------------------- Net increase (decrease) in deduction and other (91,365) (1,078,722) 470,559 (131,450) 133,507 (697,471) ----------------------------------------------------------------------------------------- Change in net assets available for plan benefits 451,324 440,491 1,745,448 915,571 212,311 3,765,145 Net assets available at December 31, 1992 1,132,122 4,109,965 2,179,593 2,736,282 780,131 10,938,093 ----------------------------------------------------------------------------------------- Net assets available at December 31, 1993 $1,583,446 $ 4,550,456 $3,925,041 $3,651,853 $992,442 $14,703,238 =========================================================================================
See accompanying notes. 11 OHM Corporation Retirement Savings Plan Notes to Financial Statements December 31, 1994 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES BASIS OF PRESENTATION The accompanying financial statements have been prepared on the accrual basis of accounting in accordance with generally accepted accounting principles. INVESTMENTS As of June 30, 1994, National City Bank (the Trustee) succeeded Mellon Bank, N.A., as the Trustee for the OHM Retirement Savings Plan (the Plan). The Trustee holds, manages, values, invests, reinvests, accounts for and otherwise deals with each investment fund separately. The current value of the bank administered trustee funds is obtained from the Trustee of the funds and is based on published market prices at the statement date. Realized gains or losses on the sale of investments are the difference between the proceeds received and the specific cost of investment sold. The change in the difference between fair value and the cost of investments is reflected in the statement of changes in net assets available for plan benefits as net unrealized appreciation (depreciation) in the fair value of investments. OHM Corporation stock held is valued at the quoted market price at the close of the last business day for that period. OPERATING EXPENSES All administrative expenses of the Plan and all fees and retainers of the Plan's Trustee, administrator, auditors, and counsel are paid by OHM Corporation (the Company) or are paid with the assets of the Plan. 6 12 OHM Corporation Retirement Savings Plan Notes to Financial Statements (continued) 2. DESCRIPTION OF PLAN The Plan is a defined contribution plan covering all full-time employees of the Company who were employed by OHM Corporation and its subsidiaries on the effective date, November 16, 1988. Each employee who is not a participant as of the effective date will be eligible to become a participant on the first day of each January, April, July and October subsequent to one year of employment. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 (ERISA). The Plan maintains separate accounts for each participant, which are credited with the participant's voluntary contributions and an allocation of (a) Company contributions, (b) plan earnings, and (c) forfeitures of non-vested terminated participants' accounts. Under the Plan, each participant may direct their contributions and allocations between the OHM Corporation Common Stock Fund (OHM Employer Stock Fund), Stable Value Fund, Aggressive Growth Fund, Equity Index Fund, or Balanced Fund. Effective April 1, 1990, as amended January 1, 1994, the Company implemented an employer matching contribution. Prior to January 1, 1994, the Company matched 60% and 50% of employee before-tax contributions up to 2% and 4%, and up to 2% and 6%, of employee wages, respectively, for participants with more than one but less than five years of service and five or more years of service, respectively. Beginning January 1, 1994, the Company matches 60% on the first 2% and 50% on the next 4% of a participant's compensation that such participant contributed as before-tax contribution. Beginning June 1995, all Company matches will be in OHM Corporation common stock. In addition, the Company, at its discretion, may make profit sharing contributions to the Plan for its participants each plan year. Profit sharing contributions will be allocated to the accounts of each participant in the ratio that the compensation of each such participant for the plan year bears to the total compensation of all such participants for the plan year. The Company made no profit sharing contributions during the years ended December 31, 1994 and 1993, respectively. An employee may make voluntary contributions to the Plan by payroll deduction, or by lump sum deposit for rollovers. Employee contributions may not exceed 15% of the employee's pre-tax compensation and/or post-tax compensation subject to IRS guidelines. Voluntary contributions shall be at all times non-forfeitable. 7 13 OHM Corporation Retirement Savings Plan Notes to Financial Statements (continued) 2. DESCRIPTION OF PLAN (CONTINUED) Under the terms of the Plan, a participant is eligible for normal retirement upon attainment of age 65, or upon suffering total and permanent disability. Upon retirement, disability, or death before retirement or disability, the amount credited to the participant's account, plus any amounts of additional credit as finally determined at the next valuation date, will be distributed to the participant. In the event of the termination of employment of a participant prior to his normal retirement date, the participant will receive the non-forfeitable interest in his participant account based on a vesting schedule specified in the Plan and all of his voluntary contributions account. A participant becomes 100 percent vested after two years of credited service. Employees working past their normal retirement date are eligible for continued participation until their retirement date. The Plan provides for distribution of a participant's account in the form of a "Life Annuity", "Qualified Joint and Survivor Annuity" or other methods of payment as described in the Plan. Participants with prior approval of the Plan Committee are allowed to borrow against the vested portion of their account and such loans shall bear interest at a rate established at the date of the loan. Generally, the period of repayment for any loan cannot exceed five years. In the event that the Plan is terminated, any account balance a participant may have accumulated up to that time will become fully vested and non-forfeitable. 8 14 OHM Corporation Retirement Savings Plan Notes to Financial Statements (continued) 3. INVESTMENTS During the year ended December 31, 1994 and 1993, the Plan's investments (depreciated) appreciated in fair value by $(1,018,474) and $894,155, respectively, as follows:
Net Appreciation (Depreciation) Fair Value/ in Fair Value/ Contract Value Contract Value at End During Year of Year -------------------------------- Plan year ended December 31, 1994: Investment deposits under trustee National City Bank: Invested in NCC Money Market Portfolio $ - $ 1,771,150 Invested in OHM Common Stock* (1,025,030) 1,367,489 Invested in LaSalle Income Plus Fund - 4,223,626 Invested in Putnam Voyager Fund 84,858 3,630,109 Invested in Fidelity Balanced Fund (108,811) 2,904,406 Investment in S&P 500 Flagship Fund 30,509 2,231,956 Loans to participants - 202,792 ------------------------------ $(1,018,474) $16,331,528 ============================== Plan year ended December 31, 1993: Investment deposits under trustee Mellon Bank: Interest bearing cash deposits $ - $ 1,455,390 Invested in OHM Common Stock* 541,505 1,660,796 Invested in GIC Fund - 420,675 Invested in EB Stock Fund 374,163 5,234,885 Invested in EB Intermediate Bond Fund 9,691 835,369 Investment in Vanguard Fixed Income Securities Fund (31,204) 4,367,739 Loans to participants - 1,737,227 ------------------------------ $ 894,155 $15,712,081 ============================== *Indicates party-in-interest to the Plan.
9 15 OHM Corporation Retirement Savings Plan Notes to Financial Statements (continued) 3. INVESTMENTS (CONTINUED) The fair value of individual investments which represent 5% or more of the Plan's net assets is as follows:
December 31 1994 1993 --------------------------- Investment deposits: Interest bearing cash deposits $ - $1,455,390 Invested in NCC Money Market Portfolio 1,771,150 - Invested in OHM Common Stock* 1,367,489 1,660,796 Invested in LaSalle Income Plus Fund 4,223,626 - Invested in Putnam Voyager Fund 3,630,109 - Invested in Fidelity Balanced Fund 2,904,406 - Invested in S&P 500 Flagship Fund 2,231,956 - Invested in EB Stock Fund - 5,234,885 Invested in EB Intermediate Bond Fund - 835,369 Invested in Vanguard Fixed Income Securities Fund - 4,367,739 Loans to participants - 1,737,227 *Indicates party-in-interest to the Plan.
4. FEDERAL INCOME TAXES The Internal Revenue Service has ruled that the Plan qualifies under section 401(a) of the Internal Revenue Code and is, therefore, not subject to tax under present income tax law. 5. ACQUISITION On December 5, 1994, the Company entered into a definitive agreement, which was subsequently amended on May 4, 1995, to acquire substantially all of the assets and certain liabilities of the hazardous and nuclear waste remediation services business units of Rust International Inc. ("Rust"). As a result of the acquisition, former employees of Rust will become eligible to rollover vested benefits from the Rust Employee Benefit Plans into the OHM Retirement Savings Plan and become participants in the Plan on the acquisition closing date. 10 16 OHM Corporation Retirement Savings Plan Assets Held for Investment December 31, 1994
Description of Investment Including Maturity Date, Rate of Interest and Current Identity of Issuer Par or Maturity Value Cost Value - ------------------------------------------------------------------------------- OHM Corporation Common Stock $1,622,969 $1,367,489 NCC Money Market Portfolio Mutual Fund 1,771,150 1,771,150 LaSalle Income Plus Fund Mutual Fund 4,223,626 4,223,626 Putnam Voyager Fund Mutual Fund 3,545,251 3,630,109 Fidelity Balanced Fund Mutual Fund 3,013,217 2,904,406 S&P 500 Flagship Fund Mutual Fund 2,201,447 2,231,956 Loan Fund Loans to Participants 202,792 202,792
11 17 OHM Corporation Retirement Savings Plan Transactions or Series of Transactions in Excess of 5% of the Current Value of Plan Assets Year ended December 31, 1994
Current Description of Investment Value of Including Maturity Date, Asset on Net Rate of Interest and Purchase Selling Cost of Transaction Gain Identity of Issuer Par or Maturity Value Price Price Asset Date (Loss) - ---------------------------------------------------------------------------------------------------------------------------------- Category (i) - A single transaction in excess of 5% of plan assets - ------------------------------------------------------------------ NCC Money Market Portfolio Mutual Fund $1,937,732 $ - $1,937,732 $1,937,732 $ - NCC Money Market Portfolio Mutual Fund - 1,957,000 1,957,000 1,957,000 - LaSalle Income Plus Fund Mutual Fund 4,722,028 - 4,722,028 4,722,028 - Putnam Voyager Fund Mutual Fund 3,125,119 - 3,125,199 3,125,199 - Fidelity Balanced Fund Mutual Fund 2,667,113 - 2,667,113 2,667,113 - S&P 500 Flagship Fund Mutual Fund 1,957,000 - 1,957,000 1,957,000 - EB Temporary Investment Fund Mutual Fund - 949,969 949,969 949,969 - EB Temporary Investment Fund Mutual Fund 949,969 - 949,699 949,969 -
12 18 OHM Corporation Retirement Savings Plan Transactions or Series of Transactions in Excess of 5% of the Current Value of Plan Assets (continued)
Current Description of Investment Value of Including Maturity Date, Asset on Net Rate of Interest and Purchase Selling Cost of Transaction Gain Identity of Issuer Par or Maturity Value Price Price Asset Date (Loss) - ----------------------------------------------------------------------------------------------------------------------------------- Category (iii) - A series of transactions in excess of 5% of plan assets - ------------------------------------------------------------------------ NCC Money Market Portfolio Mutual Fund 48 sales 5,198,230 - 5,198,230 5,198,230 - 115 purchases - 6,969,381 6,969,381 6,969,381 - LaSalle Income Plus Fund Mutual Fund 8 sales - 1,003,146 1,003,146 1,003,146 - 8 purchases 5,226,773 - 5,226,773 5,226,773 - Putnam Voyager Fund Mutual Fund 3 purchases 3,545,251 - 3,545,251 3,545,251 - Fidelity Balanced Fund Mutual Fund 5 purchases 3,013,217 - 3,013,217 3,013,217 - S&P Flagship Fund Mutual Fund 3 purchases 2,201,447 - 2,201,447 2,201,447 -
13 19 OHM Corporation Retirement Savings Plan Transactions or Series of Transactions in Excess of 5% of the Current Value of Plan Assets (continued)
Current Description of Investment Value of Including Maturity Date, Asset on Net Rate of Interest and Purchase Selling Cost of Transaction Gain Identity of Issuer Par or Maturity Value Price Price Asset Date (Loss) - ---------------------------------------------------------------------------------------------------------------------------------- Category (iii) - A series of transactions in excess of 5% of plan assets (continued) - ------------------------------------------------------------------------------------ EB Temporary Investment Fund Mutual Fund 49 sales - 2,374,743 2,374,743 2,374,743 - 154 purchases 2,721,435 - 2,741,435 2,721,435 - VanGuard Fixed Income Securities Mutual Fund 19 sales - 1,068,874 1,068,874 1,068,874 - 25 purchases 1,062,571 - 1,062,571 1,062,571 -
There were no category (ii) or (iv) reportable transactions during 1994 14 EX-23 2 OHM CORPORATION 11-K EX-23 1 Exhibit 23 Consent of Independent Auditors We consent to the incorporation by reference in the Registration Statements (Forms S-8 No. 33-28025 and No. 33-24953) pertaining to the OHM Corporation Stock Option Plan and OHM Corporation Retirement Savings Plan, respectively, and in the related Prospectuses of our report dated May 5, 1995, with respect to the financial statements and schedules of OHM Corporation Retirement Savings Plan included in the Annual Report (Form 11-K) for the year ended December 31, 1994. ERNST & YOUNG LLP Columbus, Ohio June 26, 1995 -----END PRIVACY-ENHANCED MESSAGE-----