11-K 1 sial-2013x11k.htm 11-K SIAL-2013-11K

 
 

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 end: December 31, 2012
 
¨ 
Transition report pursuant to Section 15(d) of the Securities Exchange Act of 1934
For the transition period from            to
Commission file number: 000-08135 
 
 
 
 
 
 
 
 
 
 

 
A.
Full title of the plan and the address of the plan, if different from that of the issuer named below:
Sigma-Aldrich 401(k) Retirement Savings Plan
 
 
 
 
 
 
 
 
 
 
 
B.
Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:
Sigma-Aldrich Corporation
3050 Spruce Street
St. Louis, MO 63103
 
 
 





SIGMA-ALDRICH
401(k) RETIREMENT SAVINGS PLAN
Table of Contents and Definitions
 
 
 
 
 
 
 
 
Page
 
Table of Contents:
 
 
 
 
Report of Independent Registered Public Accounting Firm
 
 
1
 
Statements of Net Assets Available for Benefits, December 31, 2012 and 2011
 
 
2
 
Statements of Changes in Net Assets Available for Benefits, For the Years Ended December 31, 2012 and 2011
 
 
3
 
Notes to Financial Statements, December 31, 2012 and 2011
 
 
4
 
Schedule:
 
 
 
 
1 Schedule H, Line 4i-Schedule of Assets (Held at End of Year), December 31, 2012
 
 
11
 
Definitions:
 
 
 
 
 
 
Company
 
 
 
Sigma-Aldrich Corporation
ERISA
 
 
 
Employee Retirement Income Security Act of 1974
FASB ASC 820
 
 
 
Financial Accounting Standards Board Accounting Standards Codification No. 820 Fair Value Measurements
IRC
 
 
 
Internal Revenue Code
IRS
 
 
 
Internal Revenue Service
Managed Income Fund
 
 
 
Fidelity Managed Income Portfolio
NAV
 
 
 
Net Asset Value
Plan
 
 
 
Sigma-Aldrich 401(k) Retirement Savings Plan
Plan Administrator
 
 
 
Sigma-Aldrich Administrative Committee
Trustee
 
 
 
Fidelity Management Trust Company
 
 
 
 
 
 


















SIGMA-ALDRICH
401(k) RETIREMENT SAVINGS PLAN
Statements of Net Assets Available for Benefits
December 31, 2012 and 2011
 

 
 
2012
 
 
2011
 
Assets:
 
 
 
 
 
 
 
 
Investments, at fair value
 
$
393,498,371

 
 
$
324,886,667

 
Notes receivable from participants
 
 
7,448,667

 
 
 
6,980,461

 
 
 
 
 
 
 
 
 
 
Total assets
 
 
400,947,038

 
 
 
331,867,128

 
 
 
 
 
 
 
 
 
 
Net assets available for benefits, at fair value
 
 
400,947,038

 
 
 
331,867,128

 
 
 
 
 
 
 
 
 
 
Adjustment from fair value to contract value for interest in collective trust relating to fully benefit-responsive investment contract
 
 
(111,336
)
 
 
 
(80,781
)
 
 
 
 
 
 
 
 
 
 
Net assets available for benefits
 
$
400,835,702

 
 
$
331,786,347

 
 
 
 
 
 
 
 
 
 
The accompanying notes are an integral part of these financial statements.
 
2




SIGMA-ALDRICH
401(k) RETIREMENT SAVINGS PLAN
Statements of Changes in Net Assets Available for Benefits
Years ended December 31, 2012 and 2011
 

 
2012
 
 
2011
 
Additions:
 
 
 
 
 
 
 
Additions to net assets attributed to:
 
 
 
 
 
 
 
Investment income (loss):
 
 
 
 
 
 
 
Net appreciation (depreciation) in fair value of investments
$
35,664,112

 
 
$
(15,140,104
)
 
Dividends
 
9,960,395

 
 
 
6,746,842

 
Interest
 
6,211

 
 
 
5,148

 
Total investment earnings (loss)
 
45,630,718

 
 
 
(8,388,114
)
 
 
 
 
 
 
 
 
 
Interest income on notes receivable from participants
 
273,799

 
 
 
290,300

 
 
 
 
 
 
 
 
 
Miscellaneous receipts
 
86,250

 
 
 
-

 
 
 
 
 
 
 
 
 
Contributions:
 
 
 
 
 
 
 
Employee contributions
 
22,261,015

 
 
 
19,498,997

 
Employer contributions
 
10,818,017

 
 
 
9,188,482

 
Rollovers
 
13,374,944

 
 
 
3,524,602

 
Total contributions
 
46,453,976

 
 
 
32,212,081

 
 
 
 
 
 
 
 
 
Total additions
 
92,444,743

 
 
 
24,114,267

 
 
 
 
 
 
 
 
 
Deductions:
 
 
 
 
 
 
 
Deductions from net assets attributed to:
 
 
 
 
 
 
 
Benefit payments to participants
$
(23,345,985
)
 
 
$
(18,731,887
)
 
Deemed distributions of participant loans
 
(5,094
)
 
 
 
-

 
Administrative expenses
 
(44,309
)
 
 
 
(46,902
)
 
 
 
 
 
 
 
 
 
Total deductions
 
(23,395,388
)
 
 
 
(18,778,789
)
 
 
 
 
 
 
 
 
 
Increase in net assets available for benefits
 
69,049,355

 
 
 
5,335,478

 
 
 
 
 
 
 
 
 
Net assets available for benefits, beginning of year
 
331,786,347

 
 
 
326,450,869

 
 
 
 
 
 
 
 
 
Net assets available for benefits, end of year
$
400,835,702

 
 
$
331,786,347

 
 
 
 
 
 
 
 
 
The accompanying notes are an integral part of these financial statements.
 
3




SIGMA-ALDRICH
401(k) RETIREMENT SAVINGS PLAN
Notes to Financial Statements
December 31, 2012 and 2011

(1)
Description of Plan
The following description of the Plan provides only general information. Participants should refer to the Plan document for a more complete description of the Plan's provisions.
 
(a)
General
The Plan is a defined contribution retirement plan covering eligible employees of the Company and its domestic subsidiaries. The Plan includes the required provisions relating to eligibility, fiduciary standards, and other technical provisions under ERISA.
 
(b)
Contributions
Employees not considered highly compensated may contribute 1% - 75% of eligible earnings, not to exceed the IRC dollar limitation. Employees that are highly compensated (defined as employees receiving compensation greater than $115,000) may contribute 1% - 15% of their eligible earnings, not to exceed the IRC dollar limitation. The Company contributes a match that equals 60% of the first 6% of the deferral percentage times the participant's compensation. Catch-up contributions are not eligible for matching. The Company also makes a fixed contribution of $150 per full-time participant and $75 per part-time participant each quarter.
New employees shall be deemed to have elected to make a salary deferral of 6% of compensation, generally effective 45 days after date of hire, unless the employee files an election to contribute a different amount than the 6% automatic deferral percentage before this date.
 
(c)
Participant Accounts
Each participant's account is credited with the participant's deferral contributions, rollover contributions and allocations of (a) the Company's matching contributions, and (b) Plan earnings. Allocations are based on participant earnings or account balances, as defined. The participant's account is debited with any distributions or withdrawals made to the participant. The benefit to which a participant is entitled is the benefit that can be provided from the participant's vested account.
 
(d)
Forfeitures
Forfeitures resulting from participant withdrawals before full vesting are used to reduce future employer contributions. Forfeited nonvested accounts at year end totaled $96,266 and $58,037 in 2012 and 2011, respectively. During the years ended December 31, 2012 and 2011 employer contributions were reduced by $324,300 and $736,728, respectively, from forfeited nonvested accounts.
 
(e)
Vesting
Participants are always fully vested in participant contributions. The Company's matching contribution for participants becomes vested as follows:
 
 
 
 
 
Completed years of service
 
Vested
percentage
Less than 3
 
0
%
3 or more
 
100
%
 
(f)
Notes Receivable from Participants
Participants may borrow from their accounts a minimum of $500 up to a maximum equal to the lesser of $50,000 or 50% of their vested account balance. The loans are secured by the balance in the participant's account and bear interest at rates that range from 3.25% to 8.75%, which are commensurate with local prevailing rates as determined periodically by the investment committee. Loan terms range from one to five years, or longer for the purchase of a primary residence. Principal and interest payments are made by participants through payroll deductions. Notes receivable from participants are valued at their unpaid principal balance plus any accrued but unpaid interest.
 
(Continued)
4




SIGMA-ALDRICH
401(k) RETIREMENT SAVINGS PLAN
Notes to Financial Statements
December 31, 2012 and 2011
 
 
(g)
Payment of Benefits
The Plan provides that a participant’s vested interest in the Plan may be distributed to the participant upon retirement, termination, total disability, death or in-service upon reaching age 59 1/2. Employees terminating employment with the Company for other reasons are entitled to their vested interest in the Plan. Participants with vested account balances in excess of $1,000 may elect to defer distribution to a future date as more fully described in the Plan document. Participants may elect to (a) receive a single lump sum amount equal to their vested account balance, (b) have all of his or her distributions paid in the form of a direct trustee to trustee transfer to another eligible retirement plan designated by the participants, or (c) elect to receive his or her account balance in monthly, quarterly, or annual installments over any period not exceeding ten years.
Fully vested participants may also withdraw, if approved, certain basic contributions only in the event of a financial hardship as defined by the Plan and the IRC. A participant who receives a distribution for hardship shall be prohibited from making elective deferrals and employee contributions under this and all other plans of the employer for a six month period after receipt of the distribution.
(2)
Summary of Significant Accounting Policies
 
(a)
Basis of Accounting
The accompanying financial statements have been prepared on the accrual basis of accounting except for benefit payments.
Investment contracts held by a defined-contribution plan are required to be reported at fair value. However, contract value is the relevant measurement attribute for that portion of the net assets available for benefits of a defined-contribution plan attributable to fully benefit-responsive investment contracts because contract value is the amount participants would receive if they were to initiate permitted transactions under the terms of the Plan. The Statements of Net Assets Available for Benefits present the fair value of the investment contracts as well as the adjustment of the fully benefit-responsive investment contracts from fair value to contract value. The Statements of Changes in Net Assets Available for Benefits are prepared on a contract value basis.
 
(b)
Accounting Pronouncements
In May 2011, the FASB issued ASU No. 2011-04, “Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRS” (“ASU 2011-04”), which amends Accounting Standards Codification 820, “Fair Value Measurements and Disclosures”. ASU 2011-04 requires categorization by level for items that are required to be disclosed at fair value and information about transfers between Level 1 and Level 2.  In addition, ASU 2011-04 provides guidance on measuring the fair value of financial instruments managed within a portfolio and the application of premiums and discounts on fair value measurements. ASU 2011-04 requires additional disclosure for Level 3 measurements regarding the sensitivity of fair value to changes in unobservable inputs and any interrelationships between those inputs. ASU 2011-04 is to be applied prospectively and is effective for the December 31, 2012 plan year.  The adoption did not have a material effect on the Statements of Net Assets Available for Benefits and Statements of Changes in Net Assets Available for Benefits. 
 
(c)
Use of Estimates
The preparation of the accompanying financial statements, in conformity with accounting principles generally accepted in the United States of America, requires the Plan Administrator to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements as well as the reported amounts of revenues and expenses and disclosure of contingent assets and liabilities during the reporting period. Actual results could differ from those estimates. 


(Continued)
5














SIGMA-ALDRICH
401(k) RETIREMENT SAVINGS PLAN
Notes to Financial Statements
December 31, 2012 and 2011
 
 
(d)
Valuation of Investments and Income Recognition
Investments are reported at fair value. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. See note 4 for discussion of fair value measurements.
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. The annual revenue credit is recorded quarterly, in arrears, on a pro rata basis. Net appreciation (depreciation) includes the Plan’s gains and losses on investments bought and sold as well as held during the year.
 
(e)
Payment of Benefits
Benefit payments to participants are recorded upon distribution.
 
(f)
Administrative Expenses and Miscellaneous Receipts
Costs of administering the Plan are paid by the Company and are not reimbursed by the Plan. In 2012, the Trust Agreement was amended to add a revenue credit component. This revenue for 2012 is reported under miscellaneous receipts in the Statements of Changes in Net Assets Available for Benefits. It will be used for expenses related to the Plan, such as financial educational workshops.
 
(g)
Subsequent Events
The Plan has evaluated subsequent events through June 21, 2013, the date the financial statements were issued. The Sigma-Aldrich 401(k) Retirement Savings Plan was amended and restated effective January 1, 2012. Included in the restatement were the following items,
effective for Plan Years beginning on and after January 1, 2013:
Provide a safe harbor contribution of 4.5% of compensation each pay period to each active participant's account in the Plan
Provide a discretionary employer contribution from 0% to 1.5% of compensation to each active participant's account when the Company exceeds its performance plan. Such contribution is not guaranteed and shall be determined in the sole discretion of the Company
Eliminated the Company fixed contributions ($600 for full-time; $300 for part-time)
Limit investments in company stock fund to 25% of new contributions and when rebalancing, no more than 25% of participant balance can be invested in Company stock
Eliminated the 15% cap on contributions for highly compensated employees

The Plan applied for a new determination letter in January of 2013 stating that the Plan, as amended, is qualified under Section 401(a) of the IRC. A favorable determination letter was received dated April 19, 2013.

(Continued)
6
























SIGMA-ALDRICH
401(k) RETIREMENT SAVINGS PLAN
Notes to Financial Statements
December 31, 2012 and 2011
 
(3)
Investments
The following table presents the fair value of investments representing greater than 5% of the Plan’s net assets:
 
 
 
 
 
 
 
 
 
 
 
 
December 31
 
 
 
2012
 
 
2011
 
Fidelity Freedom Fund 2020 – Class K
 
$
25,378,032

 
 
$
21,021,203

 
Fidelity Money Market Trust Retirement Money Market Portfolio
 
 
24,420,365

 
 
 
22,375,776

 
Fidelity Balanced Fund – Class K
 
 
29,216,733

 
 
 
25,979,664

 
Fidelity Diversified International Fund – Class K
 
 
<5%

 
 
 
17,160,917

 
Sigma-Aldrich Company Stock Fund
 
 
38,188,504

 
 
 
36,123,841

 
Fidelity Contrafund – Class K
 
 
53,681,747

 
 
 
45,813,520

 
PIMCO Total Return Inst CL
 
 
34,729,082

 
 
 
25,908,089

 
Fidelity Freedom Fund 2030 – Class K
 
 
26,978,349

 
 
 
20,574,318

 
Fidelity Freedom Fund 2025 – Class K
 
 
21,218,404

 
 
 
<5%

 

During 2012 and 2011, the Plan’s investments (including realized and unrealized gains and losses on investments bought and sold, as well as held during the year) appreciated (depreciated) in value by $35,664,112 and $(15,140,104), respectively, as follows:
 
 
 
 
 
 
 
 
 
 
 
 
2012
 
 
2011
 
Mutual funds
 
$
29,208,536

 
 
$
(13,651,880
)
 
Sigma-Aldrich Company Stock Fund
 
 
6,455,576

 
 
 
(1,488,224
)
 
 
 
$
35,664,112

 
 
$
(15,140,104

 
 
(Continued)
7




SIGMA-ALDRICH
401(k) RETIREMENT SAVINGS PLAN
Notes to Financial Statements
December 31, 2012 and 2011
 
(4)
Fair Value Measurements
FASB ASC 820 provides the framework for measuring fair value. This 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 ASC 820 are as follows:
Level 1 Fair Value Measurements
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.
Level 2 Fair Value Measurements
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; and
 
 
 
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 Fair Value Measurements
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, 2012 and 2011.
Common stocks: Valued at the closing price reported on the active market on which the individual securities are traded.
Mutual funds: Valued at NAV of shares held by the Plan at year-end.
Common Collective Trust: Valued at NAV as a practical expedient of fair value. The NAV is based on the underlying investments, which are traded on an active market. The Plan does not have any collective investment funds with unfunded commitments or with any redemption restrictions. There is no redemption notice period for the individual participants within the Plan, however, there is up to a twelve- month redemption notice required for this investment at the Plan level. The participants nor the Plan have any funding commitments related to this investment.
The preceding methods used to arrive at a fair value calculation may not be indicative of the net realizable value or reflective of future fair values. Furthermore, while 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. 
(Continued)
8




SIGMA-ALDRICH
401(k) RETIREMENT SAVINGS PLAN
Notes to Financial Statements
December 31, 2012 and 2011
 
The following tables set forth by level, within the fair value hierarchy, the Plan’s assets at fair value as of December 31, 2012 and 2011:

    
December 31, 2012
 
 
Fair Value Measurements
 
 
 
Balance
 
(Level 1)
 
(Level 2)
 
(Level 3)
 
 
Mutual Funds
 
 
 
 
 
 
 
 
 
 
 
 
 
Mid Cap
$
27,894,843

 
$
27,894,843

 
$
-
 
$
 
-
 
 
Large Cap
 
74,304,713

 
 
74,304,713

 
 
-
 
 
-
 
 
International
 
24,415,599

 
 
24,415,599

 
 
-
 
 
-
 
 
Blended
 
165,654,745

 
 
165,654,745

 
 
-
 
 
-
 
 
Bond
 
34,729,082

 
 
34,729,082

 
 
-
 
 
-
 
 
Money Market
 
24,420,365

 
 
24,420,365

 
 
-
 
 
-
 
Total Mutual Funds
 
351,419,347

 
 
351,419,347

 
 
-
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Common Stock Fund
 
38,188,504

 
 
38,188,504

 
 
-
 
 
-
 
Common Collective Trust
 
3,890,520

 
 
-
 
 
3,890,520

 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
393,498,371

 
$
389,607,851

 
$
3,890,520

 
$
 
 -
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2011
 
 
Fair Value Measurements
 
 
Balance
 
(Level 1)
 
(Level 2)
 
(Level 3)
 
Mutual Funds
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mid Cap
$
24,082,997

 
$
24,082,997

 
$
-
 
$
 
-
 
 
 
Large Cap
 
59,904,330

 
 
59,904,330

 
 
-
 
 
-
 
 
 
International
 
20,611,786

 
 
20,611,786

 
 
-
 
 
-
 
 
 
Blended
 
132,604,554

 
 
132,604,554

 
 
-
 
 
-
 
 
 
Bond
 
25,908,089

 
 
25,908,089

 
 
-
 
 
-
 
 
 
Money Market
 
22,375,776

 
 
22,375,776

 
 
-
 
 
-
 
 
Total Mutual Funds
 
285,487,532

 
 
285,487,532

 
 
-
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Common Stock Fund
 
36,123,841

 
 
36,123,841

 
 
-
 
 
-
 
 
Common Collective Trust
 
3,275,294

 
 
-
 
 
3,275,294

 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
324,886,667

 
$
321,611,373

 
$
3,275,294

 
$
 
 -
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


(Continued)
9




SIGMA-ALDRICH
401(k) RETIREMENT SAVINGS PLAN
Notes to Financial Statements
December 31, 2012 and 2011
 
(5)
Investment in Common Collective Trust
The Managed Income Fund, a common collective trust fund, invests in a variety of investments such as fixed income securities or bond funds and enters into wrapper contracts issued by a third party, such as a bank or insurance company, to make payments to a portfolio in certain circumstances. The wrap issuer agrees to pay an amount sufficient to cover unit holder redemptions.
The interest-crediting rate is the periodic interest rate accrued to participants and is reset on a monthly basis to reflect the performance of the underlying securities.
Participants may ordinarily direct the withdrawal or transfer of all or a portion of their investment in the Managed Income Fund at contract value. Certain events may limit the ability of the Plan to transact at contract value with the issuer. The Plan Administrator does not believe that the occurrence of any such event is probable. The average yield and crediting interest rates were approximately 1.70% and 1.92%, for the Plan years ended December 31, 2012 and 2011, respectively.
(6)
Tax Status
The IRS issued a favorable determination letter dated January 5, 2009 stating that the Plan is tax exempt under Section 401 of the IRC. Although the Plan has been amended since receiving the determination letter, the Plan Administrator and the Plan’s tax counsel believe that the Plan is designed and is currently being operated in compliance with the applicable requirements of the IRC.
Accounting principles generally accepted in the United States of America require Plan management to evaluate tax positions taken by the Plan and recognize a tax liability (or asset) if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Plan Administrator has analyzed the tax positions taken by the Plan, and has concluded that as of December 31, 2012, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Plan Administrator believes it is no longer subject to income tax examinations for years prior to 2009.
(7)
Related Party
The Plan assets are maintained in a trust fund. The investments, and changes therein, of this trust fund are party-in interest transactions due to Fidelity being the trustee and the Plan's assets being invested in Fidelity's investment products. Fees paid by the Plan for the investment management services amounted to $44,309 and $46,902 for the years ended December 31, 2012 and 2011 respectively.
As of December 31, 2012 and 2011, investments include 494,889 shares and 547,798 shares of Sigma-Aldrich Corporation common stock, respectively, having an aggregate fair value of $36,413,933 and $34,215,463, respectively.
(8)
Risks and Uncertainties
The Plan invests in various investment securities. Investment securities are exposed to various 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 participants’ account balances and the amounts reported in the Statements of Net Assets Available for Benefits.
(9)
Plan Termination
The Company intends to continue the Plan; however, the Company reserves the right to terminate the Plan. In the event the Plan terminates, participants will generally become fully vested in the employer match portion of their account balances.
 
(Continued)
10




Schedule I
SIGMA-ALDRICH
401(k) RETIREMENT SAVINGS PLAN
Schedule H, Line 4i—Schedule of Assets (Held at End of Year)
December 31, 2012
 
 
 
 
 
 
 
 
 
 
a)
b) Identity of issue, borrower, lessor or similar party
 
c) Description
d)
Cost
  
e)
Curent Value
 
Mutual funds:
 
 
 
 
  
 
 
*
Fidelity Management Trust Company
 
Retirement Money Market Portfolio
$
24,420,365

  
$
24,420,365

*
Fidelity Management Trust Company
 
Balanced Fund – Class K
 
20,344,365

  
 
29,216,733

 
PIMCO Total Return Inst CL
 
PIMCO Total Return Inst CL
 
34,019,886

  
 
34,729,082

*
Fidelity Management Trust Company
 
Low-Priced Stock Fund – Class K
 
9,514,297

  
 
11,816,963

*
Fidelity Management Trust Company
 
Diversified International Fund – Class K
 
14,670,059

  
 
19,390,314

*
Fidelity Management Trust Company
 
Freedom Income Fund – Class K
 
1,256,596

  
 
1,264,979

*
Fidelity Management Trust Company
 
Freedom 2000 Fund – Class K
 
643,039

  
 
646,898

*
Fidelity Management Trust Company
 
Freedom 2005 Fund – Class K
 
386,434

  
 
387,034

*
Fidelity Management Trust Company
 
Freedom 2010 Fund – Class K
 
4,748,476

  
 
4,757,371

*
Fidelity Management Trust Company
 
Freedom 2015 Fund – Class K
 
10,466,518

  
 
10,533,561

*
Fidelity Management Trust Company
 
Freedom 2020 Fund – Class K
 
25,246,776

  
 
25,378,032

*
Fidelity Management Trust Company
 
Freedom 2025 Fund – Class K
 
21,042,213

  
 
21,218,404

*
Fidelity Management Trust Company
 
Freedom 2030 Fund – Class K
 
26,838,481

  
 
26,978,349

*
Fidelity Management Trust Company
 
Freedom 2035 Fund – Class K
 
16,541,736

  
 
16,683,611

*
Fidelity Management Trust Company
 
Freedom 2040 Fund – Class K
 
13,180,995

  
 
13,297,568

*
Fidelity Management Trust Company
 
Freedom 2045 Fund – Class K
 
7,889,448

  
 
8,027,429

*
Fidelity Management Trust Company
 
Freedom 2050 Fund – Class K
 
6,820,192

  
 
6,948,039

*
Fidelity Management Trust Company
 
Freedom 2055 Fund – Class K
 
309,045

  
 
316,737

*
Fidelity Management Trust Company
 
Small Cap Stock Fund
 
7,599,670

  
 
8,057,416

*
Fidelity Management Trust Company
 
Contrafund – Class K
 
34,632,820

  
 
53,681,747

 
American Fund
 
American Funds Fundamental Investors Fund Class R5
 
4,121,328

  
 
4,700,211

 
American Beacon Fund
 
American Beacon Lg Cap Value Inst CL
 
3,980,947

  
 
4,266,753

 
Columbia Acorn
 
Columbia Acorn International Fund Class Z
 
4,630,510

  
 
5,025,285

 
Goldman Sachs
 
Goldman Sachs Mid Cap Value Fund Institutional Class
 
4,523,417

  
 
5,214,468

 
Munder
 
Munder Mid-Cap Core Growth Class Y
 
2,389,877

  
 
2,805,996

 
Spartan
 
Spartan 500 Index Fund – Institutional Class
 
10,174,884

  
 
11,656,002

 
 
 
 
 
310,392,374

 
 
351,419,347

 
Common Stock:
 
 
 
 
  
 
 
*
Sigma-Aldrich
 
Sigma-Aldrich Company Stock Fund
 
23,572,431

  
 
38,188,504

 
 
 
 
 
 
 
 
 
 
Common Collective Trust:
 
 
 
 
  
 
 
*
Fidelity Management Trust Company
 
Managed Income Portfolio
 
3,779,183

  
 
3,890,520

 
 
 
 
 
 
 
 
 
*
Notes Receivable from Participants
 
Range of interest rates 3.25% – 8.75%, Maturing through 2022
 
 
  
 
7,448,667

 
 
 
 
 
 
  
 
 
 
 
 
 
 
 
  
$
400,947,038

 
 
 
 
 
 
  
 
 
*
Represents a party-in-interest.
See accompanying independent auditors’ report.
 
11




SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, Sigma-Aldrich Corporation, as Plan Administrator of the Sigma-Aldrich 401(k) Retirement Savings Plan, has duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
 
SIGMA-ALDRICH
401(k) RETIREMENT SAVINGS PLAN
 
 
By:
 
/s/ Mike Hollenkamp
 
 
Mike Hollenkamp, Director of Global Treasury
 
 
Sigma-Aldrich Corporation
 
June 21, 2013
 
12




EXHIBIT INDEX
 
 
 
 
Exhibit
 
   
 
 
23
 
Consent of Independent Registered Public Accounting Firm – Brown Smith Wallace LLC
 
13