NON-QUALIFIED DEFERRED COMPENSATION
The following table shows the deferred compensation activity for each named executive officer during the 2013 fiscal year. The column labeled “Executive Contributions in Last FY” indicates the amount of compensation voluntarily deferred by the named executive officer under the Company’s Non-Qualified Deferred Compensation Plan. The column labeled “Registrant Contributions in Last FY” indicates the amount of any Company contribution made on the named executive officer’s behalf under such plan.
Executive Contributions in Last FY
Registrant Contributions in Last FY
Aggregate Earnings in Last FY
Aggregate Balance at Last FYE
Gregory W. Cappelli
Brian L. Swartz
Sean B.W. Martin
Peter V. Sperling
Terri C. Bishop
Dr. John G. Sperling
Joseph L. D’Amico
Represents the salary deferred by the named executive officer under the Deferred Compensation Plan. These amounts are included in the Salary column of the “Summary Compensation Information” table for the 2013 fiscal year.
Represents Company contributions made to the Deferred Compensation Plan for the 2013 fiscal year. These amounts are included in the All Other Compensation column of the “Summary Compensation Information” table for the 2013 fiscal year.
Represents the notional gain for the 2013 fiscal year with respect to the compensation deferred by the named executive officer under the Deferred Compensation Plan. The amount represents the net notional rate of return for the 2013 fiscal year based on the actual market earnings realized by the investment funds selected by the named executive officers from the group of investment funds available to track notional investment returns on the account balances maintained for them under the Deferred Compensation Plan. The primary investment funds selected by the named executive officers for the 2013 fiscal year and the rate of return for each such fund for the period from October 1, 2012 to September 30, 2013 were as follows:
Name of Notional Fund
2013 FY Rate of Return
Goldman Sachs Growth Opportunities A
American Funds Europac Gr R4
Columbia Small Cap Core Z
Loomis Sayles Small Cap Growth Retail
American Century One Choice 2050 Inv
RidgeWorth Large-Cap Growth Growth Stock C1
Oakmark Internat’l I
PIMCO Total Return Admin
Putnam Voyager Fund Class A
Northern Mid Cap Index
RidgeWorth Mid–Cap Value Equity I
Includes the following amounts reported for the named executive officers in the Salary column of the Summary Compensation Table for the 2012 fiscal year: $2,596 for Mr. Swartz, $2,596 for Mr. Martin, $43,269 for Mr. Sperling, and $3,029 for Mr. D’Amico. No other named executive officer had an outstanding balance under the Deferred Compensation Plan as of the close of the 2012 fiscal year.
Deferred Compensation Plan. During the 2012 fiscal year, the Company implemented the Deferred Compensation Plan in order to provide its executive officers and other key employees with the opportunity to defer up to seventy-five percent (75%) of their salary each year under a non-qualified deferred compensation plan. Additionally, participants in our Executive Officer Performance Incentive Plan are eligible to defer up to seventy-five percent (75%) of their annual bonus under that plan. The Company may also make contributions to the such plan pursuant to one or more formulas pre-established prior to the start of the applicable plan year, including a contribution formula that may compensate each such individual for any Company matching contributions that could not otherwise be made on such individual’s behalf under the Company’s Employee Savings and Investment Plan by reason