UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 11-K
| x | Annual Report pursuant to Section 15(d) of the Securities Exchange Act of 1934 for fiscal year ended December 31, 2008 |
OR
| ¨ | Transition Report pursuant to Section 15(d) of the Securities Exchange Act of 1934. |
For the period from to
Commission File Number 001-33458
| A. | Full title of the plan and the address of the plan, if different from that of the issuer named below: |
Teradata Savings Plan
| B. | Name of issuer of the securities held pursuant to the plan and the address of its principal executive office: |
TERADATA CORPORATION
2835 Miami Village Dr.
Miamisburg, Ohio 45342
Index
December 31, 2008 and 2007
| Financial Statements: | ||
| 3 | ||
| 4 | ||
| 5 | ||
| 6 | ||
| Supplemental Schedule: | ||
| Schedule H, Line 4i – Schedule of Assets Held (At End of Year) |
12 | |
| 19 | ||
| 20 | ||
2
REPORT OF INDEPENDENT REGISTERED
PUBLIC ACCOUNTING FIRM
Teradata Savings Plan
Dayton, Ohio
We have audited the accompanying statements of net assets available for benefits of Teradata Savings Plan (the Plan) as of December 31, 2008 and 2007 and the related statement of changes in net assets available for benefits for the year ended December 31, 2008 and for the period October 1, 2007 through December 31, 2007. 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 year ended December 31, 2008 and for the period October 1, 2007 through December 31, 2007 in conformity with accounting principles generally accepted in the United States of America.
As discussed in Note 4 to the financial statements, the Plan adopted the provisions of Statement of Financial Accounting Standards No. 157, Fair Value Measurements, as of January 1, 2008.
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 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.
/s/ Battelle & Battelle LLP
June 23, 2009
Dayton, Ohio
3
Statements of Net Assets Available for Benefits
December 31,
| 2008 | 2007 | |||||
| Assets |
||||||
| Investments, at fair value: |
||||||
| Mutual funds |
$ | 196,063,822 | $ | 307,030,705 | ||
| Common/collective trust funds |
100,947,228 | 139,590,887 | ||||
| Money market funds |
58,320,513 | 40,601,934 | ||||
| Teradata Corporation common stock |
16,884,356 | 30,089,903 | ||||
| Participant loans |
4,882,409 | 4,408,620 | ||||
| Total investments |
377,098,328 | 521,722,049 | ||||
| Contributions receivable |
||||||
| Participants |
— | 1,035,327 | ||||
| Employer |
— | 458,844 | ||||
| Total contributions receivable |
— | 1,494,171 | ||||
| Other receivables |
444 | 144,925 | ||||
| Total assets |
377,098,772 | 523,361,145 | ||||
| Liabilities |
||||||
| Accounts payable |
57,880 | 107,504 | ||||
| Accrued expenses |
— | 382,173 | ||||
| Total liabilities |
57,880 | 489,677 | ||||
| Net assets available for benefits |
$ | 377,040,892 | $ | 522,871,468 | ||
The accompanying notes are an integral part of these audited financial statements
4
Statement of Changes in Net Assets Available for Benefits
| For the Period January 1, 2008 to December 31, 2008 |
For the Period October 1, 2007 to December 31, 2007 |
|||||||
| Additions to (declines in) net assets attributed to: |
||||||||
| Transfers from the NCR Savings Plan |
$ | 8,144 | $ | 518,261,849 | ||||
| Investment (loss) income: |
||||||||
| Net decline in fair value of investments |
(174,972,169 | ) | (2,789,184 | ) | ||||
| Interest and dividends |
1,692,333 | 544,788 | ||||||
| Total investment loss |
(173,279,836 | ) | (2,244,396 | ) | ||||
| Contributions: |
||||||||
| Participants |
31,992,748 | 6,601,825 | ||||||
| Employer, net of forfeitures |
14,181,405 | 3,197,104 | ||||||
| Total contributions |
46,174,153 | 9,798,929 | ||||||
| Total (declines) additions |
(127,097,539 | ) | 525,816,382 | |||||
| Deductions from net assets attributed to: |
||||||||
| Benefits paid to participants |
18,303,281 | 2,805,931 | ||||||
| Administrative expenses |
429,756 | 138,983 | ||||||
| Total deductions |
18,733,037 | 2,944,914 | ||||||
| Net (decrease) increase in net assets |
(145,830,576 | ) | 522,871,468 | |||||
| Net assets available for benefits: |
||||||||
| Beginning of year |
522,871,468 | — | ||||||
| End of year |
$ | 377,040,892 | $ | 522,871,468 | ||||
The accompanying notes are an integral part of these audited financial statements.
5
Notes to Financial Statements
December 31, 2008
1. Description of the Plan
General
On August 27, 2007, the Board of Directors of NCR Corporation (“NCR”), the former parent company of Teradata Corporation (“Teradata” or the “Company”), approved the separation of NCR into two independent, publicly-traded companies through the distribution of 100% of its Teradata data warehousing business to shareholders of NCR (the “Separation”).
Prior to October 1, 2007, certain employees and former employees of Teradata and its affiliates participated in the NCR Savings Plan. Effective October 1, 2007, the accounts and related assets of the trust fund for the NCR Savings Plan with respect to such employees were transferred to and assumed by the Teradata Savings Plan (the “Plan”). Employees (and certain individuals who are on an approved leave of absence) of Teradata or an affiliate of Teradata immediately after the Separation are entitled to credit for all years of service under the NCR Savings Plan.
The Plan is a defined contribution plan established on October 1, 2007. The Plan is designed to qualify as a profit-sharing plan with a qualified cash or deferred arrangement under Section 401(k) of the Internal Revenue Code of 1986, as amended. It is also subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended.
The Plan covers substantially all eligible U.S. employees of the Company (other than certain categories of part-time, temporary and intern employees).
Contributions and Funding
All eligible employees of the Company may defer a portion of their compensation by making tax-deferred contributions, as well as after-tax contributions, to the Plan. Participants may elect to contribute up to fifty percent of their eligible compensation, up to certain Internal Revenue Service (“IRS”) limits. Maximum contribution percentage limits are also imposed on the tax-deferred contributions and after-tax contributions made by participants with prior year compensation of $105,000 and over. Annual tax-deferred contributions per participant for the 2008 Plan year were limited to $15,500.
For each dollar contributed by a participant, up to a maximum six percent of compensation, the Company funds an additional matching amount. The employer matching contribution for all participants is one hundred percent of the first four percent of pay contributed by the participant, plus fifty percent of the next two percent of pay.
The Plan allows employees aged 50 and older to elect to make additional catch-up contributions, subject to IRS limits. Catch-up contribution amounts are not eligible for employer matching contributions. The annual limit on catch-up contributions was $5,000 in 2008.
Participants direct their contributions, as well as the Company’s matching contributions, among various investment options, including target date funds, market index funds, actively managed funds, self directed brokerage and the Teradata Unitized Stock Fund, which invests primarily in Teradata Common Stock.
Vesting and Forfeitures
Participants are immediately vested in their contributions plus actual earnings on their contributions. Company matching contributions vest in increments of one-fifth each year, over a five-year period beginning with the participant’s hire date.
6
Participants become immediately and fully vested in their account (i) upon attainment of age 65, (ii) upon termination of employment due to a “reduction in force,” (iii) in the event of death, or (iv) in the event of total and permanent disability. Upon termination of employment, participants are entitled to full distribution of their contributions and all vested Company matching contributions; all non-vested Company matching contributions are forfeited. These forfeitures are reallocated and used to reduce future Company matching contributions. During the Plan year, forfeitures used to offset Company matching contributions were immaterial in relation to the Plan taken as a whole.
Participant Accounts
Each participant’s account is credited with the participant’s contributions, Company contributions and Plan earnings. Participants’ accounts are valued on a daily basis. The benefit to which a participant is entitled is the benefit that can be provided from the participant’s vested account balance.
Participant Loans
Participants may borrow from their fund accounts a minimum of $1,000 up to a maximum equal to $50,000 or 50% of their vested account balance, whichever is less. The loans are collateralized by 50% of the vested balance in the participant’s accounts and bear interest at a fixed rate based on the prime rate in effect on the last day of the preceding month plus 1%, using the prime rate reported by Reuters. The term of the loan may be between one and five years. Principal and interest is paid ratably through monthly payroll deductions. Upon default, participants are considered for tax purposes to have received a distribution and are subject to income taxes on the outstanding amount of the loan at the time of default.
Withdrawals and Benefits
Participants may withdraw any employee tax-deferred contributions during their employment in the case of a “hardship” (as defined by the Plan), and participants may withdraw after-tax employee contributions (plus earnings) for any reason. Participants may not withdraw any Company matching contributions or any earnings on Company matching contributions until they attain age 59 1/2 or terminate employment with the Company. Participants may withdraw vested balances upon reaching age of 59 1/2, or upon termination of employment.
Upon termination of employment, a participant receives a lump-sum amount equal to the value of the vested portion of their account if it is less than $1,000 (unless the participant chooses a direct rollover within 90 days). Terminated participants with more than $1,000 in vested benefits may elect to receive a direct rollover to another tax-qualified plan or IRA, a lump-sum payment or quarterly cash installments, or, if the participant has not attained age 70 1/2, may leave the vested benefits within the Plan until reaching age 70 1/2. Upon the death of a participant, the participant’s beneficiary shall be eligible to receive a distribution of the participant’s account.
Termination of the Plan
The Company currently has no plans to terminate the Plan; however, the Company reserves the right to terminate the Plan at any time by action of the Board of Directors.
Risk and Uncertainties
The Plan provides for various investment options in several investment securities and instruments. 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 risks 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.
7
2. Summary of Significant Accounting Policies
Basis of Accounting
The financial statements of the Plan are prepared under the accrual basis of accounting.
Use of Estimates
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities and changes therein. Actual results could differ from those estimates.
Investment Valuation and Income Recognition
The Plan’s investments are stated at fair value. Investments in mutual funds and common/collective trusts are valued at the closing net asset values of the funds on the last day of the Plan fiscal year. Teradata Corporation Common Stock is valued at the last quoted sales price on the New York Stock Exchange on the last business day of the Plan fiscal year. Participant loans are valued at their outstanding balances, which approximate fair value.
Purchases and sales of securities are recorded on a trade-date basis. Dividends are recorded on the ex-dividend date. Realized gains and losses from security transactions are reported on the average cost method.
Plan Expenses
A portion of the Plan’s administrative expenses are paid by Teradata.
Payments to Withdrawing Participants
The Plan records payments to withdrawing participants at the time of disbursement.
Rollover Contributions
Participant rollover contributions are included as participant contributions in the Statement of Changes in Net Assets Available for Benefits.
8
3. Investments
The following presents investments that represent five percent or more of the Plan’s net assets:
| December 31, 2008 | |||
| NTGI - QM Collective Daily Aggregate Bond Fund |
$ | 45,975,936 | |
| Fidelity Retirement Money Market |
$ | 31,786,214 | |
| NTGI - QM Collective Daily S&P Equity Index |
$ | 19,513,466 | |
| December 31, 2007 | |||
| NTGI - QM Collective Daily Aggregate Bond Fund |
$ | 45,003,462 | |
| Pyramis Select International Equity Fund |
$ | 31,518,631 | |
| NTGI - QM Collective Daily S&P Equity Index |
$ | 30,908,775 | |
| Teradata Corporation common stock |
$ | 30,089,903 | |
| Fidelity Contrafund |
$ | 26,621,336 | |
During 2008, the Plan’s investments (including gains and losses on investments bought and sold, as well as held during the year) declined in net value by $174,972,169 as follows:
| Year Ended December 31, 2008 |
||||
| Mutual funds (including self directed brokerage) |
$ | (125,680,751 | ) | |
| Common/collective trusts |
(35,841,790 | ) | ||
| Teradata Corporation Common Stock |
(13,449,628 | ) | ||
| $ | (174,972,169 | ) | ||
During 2007, the Plan’s investments (including gains and losses on investments bought and sold, as well as held during the period) declined in net value by $2,789,184 as follows:
| For the Period October 1, 2007 to December 31, 2007 |
||||
| Mutual funds (including self directed brokerage) |
$ | (10,090,574 | ) | |
| Common/collective trusts |
(642,608 | ) | ||
| NCR Corporation Common Stock |
(262,978 | ) | ||
| Teradata Corporation Common Stock |
8,206,976 | |||
| $ | (2,789,184 | ) | ||
4. Fair Value Measurements
On January 1, 2008, the Plan adopted Financial Accounting Standards Board (“FASB”) Statement No. 157, Fair Value Measurements (“SFAS 157”) and subsequently adopted certain related FASB staff positions. SFAS 157 defines fair value, establishes a framework for measuring fair value in accordance with GAAP, and expands disclosures about fair value measurements.
SFAS 157 establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value. These tiers include: Level 1, defined as observable inputs such as quoted prices in active markets for identical assets or liabilities; Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable, quoted prices in active markets for similar assets or liabilities, or quoted prices in less-active markets for identical assets; and Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.
9
The 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 stocks, mutual funds and money market funds: Values derived from quoted market prices in active markets.
Common/collective trust funds: Valued at the net asset value (“NAV”) of shares held by the Plan at year end, as reported to the Plan by the trustee, which represents the fair value of shares held by the Plan.
Participant loans: Valued at their outstanding balances, which approximates fair value.
The following table sets forth by level, within the fair value hierarchy, the Plan’s assets at fair value as of December 31, 2008:
| December 31, 2008 | Quoted Prices in Active Markets for Identical Assets (Level 1) |
Significant Other Observable Inputs (Level 2) |
Signficant Unobservable Inputs (Level 3) | |||||||||
| Mutual funds |
$ | 196,063,822 | $ | 196,063,822 | $ | — | $ | — | ||||
| Money market funds |
58,320,513 | 58,320,513 | — | — | ||||||||
| Teradata Corporation common stock |
16,884,356 | 16,884,356 | — | — | ||||||||
| Common/collective trust funds |
100,947,228 | — | 100,947,228 | — | ||||||||
| Participant loans |
4,882,409 | — | — | 4,882,409 | ||||||||
| Total Assets at fair value |
$ | 377,098,328 | $ | 271,268,691 | $ | 100,947,228 | $ | 4,882,409 | ||||
The table below sets forth a summary of changes in the fair value of Plan’s level 3 assets for the year ended December 31, 2008:
| Participant Loans | |||
| Balance as of January 1, 2008 |
$ | 4,408,620 | |
| Issuances, repayments and settlements, net |
473,789 | ||
| Balance as of December 31, 2008 |
$ | 4,882,409 | |
5. Reconciliation to Form 5500
As of December 31, 2008 the Plan had approximately $8,266 of pending distributions to participants. These amounts are included in net assets available for benefits. For reporting on the Plan’s Form 5500, these amounts will be classified as benefit claims payable with a corresponding reduction in net assets available for benefits. The following table reconciles the financial statements to the Form 5500, which will be filed by the Plan for the year ended December 31, 2008:
| Payable to Participants |
Benefits Paid | Available for Benefits |
||||||||
| Per 2008 financial statements |
$ | — | $ | 18,303,281 | $ | 377,040,892 | ||||
| Pending benefit distributions - December 31, 2008 |
8,266 | 8,266 | (8,266 | ) | ||||||
| Per 2008 Form 5500 |
$ | 8,266 | $ | 18,311,547 | $ | 377,032,626 | ||||
10
6. Related Party Transactions (Parties-in-Interest)
Fees paid for trustee, third-party administration, and investment advisory services rendered by parties-in-interest totaled $429,756 in 2008 and $138,983 in 2007.
Related party transactions consisted of loans made to participants and investments in Teradata Corporation Common Stock. At December 31, 2008 the Plan held 1,138,527 shares of Teradata common stock valued at $16,884,356. At December 31, 2007 the Plan held 1,097,771 shares of Teradata common stock valued at $30,089,903. Additionally, the Plan’s primary investment manager is Fidelity Investments (“Fidelity”). An affiliate of Fidelity serves as the record keeper for the Plan’s participant data. Another affiliate of Fidelity serves as the trustee of the Plan. The cash receipts and cash disbursements from these investments constitute related party transactions. None of these related party transactions are prohibited transactions as defined under the Employee Retirement Income Security Act of 1974, as amended.
7. Tax Status
The Company has not yet received a determination letter from the Internal Revenue Service as to the qualified status of the Plan under Section 401(a) of the Internal Revenue Code (“the Code”). However, the Plan is substantially identical, in all material respects, to the NCR Savings Plan, which has received such a determination letter, and is currently being operated in compliance with the applicable requirements of the Code. Therefore, the Company believes that the Plan is qualified and the related Trust is exempt from federal income taxes under Section 501(a) of the Code. Accordingly, income taxes are not provided for in the accompanying financial statements. Participant contributions, except for those contributions which participants elect to be tax-deferred under Section 401(k), are taxable to the participants in the year their contributions are made.
Participants are liable for federal income taxes relative to their Section 401(k) contributions, the Company matching contributions and the earnings of the Plan when the contributions are distributed to them.
8. Short Plan Year
The Plan became effective October 1, 2007, thus 2007 was a short plan year (seven months or fewer in duration) in accordance with Department of Labor Regulation §2520.104-50. A report of an independent qualified public accountant is included in the Plan’s 2008 annual report with respect to the financial statements and accompanying schedules for both the 2007 and 2008 plan years.
11
Teradata Savings Plan
Schedule H, Line 4i – Schedule of Assets Held (at End of Year)**
EIN – 75-3236470
Plan - 001
| (a) |
(b) Identity of Issue |
(c) Description of |
(d) |
(e) Fair Value | |||||
| Common Stock |
|||||||||
| * |
Teradata Corporation | 1,138,527 shares | $ | 16,884,356 | |||||
| Common/Collective Trusts: | |||||||||
| * |
FID AGGR EQUITY POOL |
1,510,770 shares | $ | 8,173,265 | |||||
| * |
FID SEL INTL COMPOOL |
2,974,726 shares | 16,955,939 | ||||||
| NTGI AGGR BOND INDEX |
4,296,816 shares | 45,975,936 | |||||||
| NTGI COLL EAFE INDX |
580,956 shares | 3,235,925 | |||||||
| NTGI RUS 2000 EQ IDX |
1,124,041 shares | 7,092,697 | |||||||
| NTGI SP500 EQ INDEX |
3,236,064 shares | 19,513,466 | |||||||
| Total common/collective trust funds |
$ | 100,947,228 | |||||||
| Mutual Funds |
|||||||||
| ROYCE TOT RETURN SER |
523 shares | $ | 4,530 | ||||||
| AM CENT VISTA INV |
12,510 shares | 138,491 | |||||||
| ROYCE OPPORTUNITY S |
18,572 shares | 101,402 | |||||||
| LD ABBETT SMCP BLD A |
11,997 shares | 129,928 | |||||||
| WFA MIDCP DSCPLD INV |
21,309 shares | 288,739 | |||||||
| RS VALUE A |
11,403 shares | 170,930 | |||||||
| ROYCE VALUE PLUS SER |
87,317 shares | 694,170 | |||||||
| VIRTUS MID-CAP VAL A |
7,301 shares | 103,752 | |||||||
| NB REGENCY TRUST |
166 shares | 1,210 | |||||||
| TOUCHSTN SC SEL GR Z |
92 shares | 432 | |||||||
| WA CORE PLUS BOND FI |
288 shares | 2,497 | |||||||
| HARTFORD GROWTH Y |
574 shares | 6,585 | |||||||
| HARTFORD INTL GRTH Y |
2,105 shares | 14,525 | |||||||
| LEGG MASON VAL UNIT |
2,029,427 shares | 8,381,532 | |||||||
| * |
FID FIDELITY |
7,025 shares | 159,892 | ||||||
| * |
FID PURITAN |
102,601 shares | 1,339,965 | ||||||
| * |
FID TREND |
484 shares | 18,904 | ||||||
| * |
FID SEL COMPUTERS |
2,303 shares | 57,322 | ||||||
| * |
FID SEL ELECTRONICS |
4,031 shares | 91,295 | ||||||
| * |
FID SEL CONS STAPLES |
9,513 shares | 485,060 | ||||||
| * |
FID VALUE STRATEGIES |
6,317 shares | 87,743 | ||||||
| * |
FID GINNIE MAE |
99,356 shares | 1,107,815 | ||||||
| * |
FIDELITY MAGELLAN |
61,181 shares | 2,805,782 | ||||||
| * |
FID CONTRAFUND |
368,402 shares | 16,673,858 | ||||||
| * |
FID EQUITY INCOME |
20,863 shares | 644,038 | ||||||
| * |
FID GROWTH COMPANY |
25,395 shares | 1,243,345 | ||||||
| * |
FIDELITY INVST GR BD |
77,569 shares | 492,563 | ||||||
| * |
FID GROWTH & INCOME |
346,652 shares | 4,565,413 | ||||||
| * |
FID SEL SOFTWARE |
2,967 shares | 139,443 | ||||||
| * |
FID INTERMED BOND |
37,861 shares | 344,157 | ||||||
| * |
FID SEL AIR TRANSPRT |
836 shares | 21,775 | ||||||
| * |
FID CAPITAL & INCOME |
284,719 shares | 1,554,564 | ||||||
| * |
FID VALUE |
36,948 shares | 1,472,734 | ||||||
12
| (a) |
(b) Identity of Issue |
(c) Description of |
(d) |
(e) Fair Value | |||||
| Mutual Funds (cont.) |
|||||||||
| * |
FID MORTGAGE SEC |
1,381 shares | $ | 13,906 | |||||
| * |
FID SEL GOLD |
75,758 shares | 2,392,434 | ||||||
| * |
FID SEL BIOTECH |
8,429 shares | 498,260 | ||||||
| * |
FID SEL ENERGY SVCS |
22,946 shares | 824,226 | ||||||
| * |
FID SEL INSURANCE |
2,766 shares | 90,595 | ||||||
| * |
FID SEL RETAILING |
208 shares | 5,951 | ||||||
| * |
FIDELITY GOVT INCOME |
284,906 shares | 3,119,724 | ||||||
| * |
FID SEL ENERGY |
50,522 shares | 1,519,709 | ||||||
| * |
FID SEL LEISURE |
1,456 shares | 78,416 | ||||||
| * |
FID SEL HEALTHCARE |
3,670 shares | 297,270 | ||||||
| * |
FID SEL TECHNOLOGY |
6,186 shares | 245,323 | ||||||
| * |
FID SEL UTILITIES |
4,250 shares | 171,095 | ||||||
| * |
FID SEL FINANCIAL |
9,206 shares | 429,632 | ||||||
| * |
FID SEL DEFENSE |
12,189 shares | 600,197 | ||||||
| * |
FID SEL BROKERGE |
2,736 shares | 86,827 | ||||||
| * |
FID SEL CHEMICALS |
6,368 shares | 294,269 | ||||||
| * |
FID INDEPENDENCE |
55,700 shares | 794,842 | ||||||
| * |
FID OTC PORTFOLIO |
8,301 shares | 233,914 | ||||||
| * |
FID OVERSEAS |
6,358 shares | 159,452 | ||||||
| * |
FID SEL TELECOMM |
2,645 shares | 70,523 | ||||||
| * |
FID SEL HOME FINANCE |
3,207 shares | 36,206 | ||||||
| * |
FID LEVERGED CO STK |
168,108 shares | 2,427,478 | ||||||
| * |
FID EUROPE |
10,236 shares | 233,184 | ||||||
| * |
FID PACIFIC BASIN |
1,773 shares | 23,550 | ||||||
| * |
FID REAL ESTATE INVS |
51,013 shares | 796,320 | ||||||
| * |
FID BALANCED |
301,796 shares | 3,959,562 | ||||||
| * |
FID INTL DISCOVERY |
62,015 shares | 1,465,410 | ||||||
| * |
FID CAP APPRECIATION |
54,596 shares | 858,788 | ||||||
| * |
FID CONVERTIBLE SEC |
28,779 shares | 402,912 | ||||||
| * |
FID CANADA |
52,936 shares | 1,855,930 | ||||||
| * |
FID TELECOM & UTIL |
9,954 shares | 130,097 | ||||||
| * |
FID BLUE CHIP GROWTH |
18,192 shares | 478,624 | ||||||
| * |
FID ASSET MGR 50% |
43,137 shares | 467,606 | ||||||
| * |
FID DISCIPLINED EQTY |
12,477 shares | 217,229 | ||||||
| * |
FIDELITY LOW PR STK |
138,527 shares | 3,202,754 | ||||||
| * |
FID WORLDWIDE |
6,682 shares | 84,130 | ||||||
| * |
FID EQUITY INCOME II |
16,358 shares | 217,894 | ||||||
| * |
FID STOCK SELECTOR |
21,632 shares | 367,310 | ||||||
| * |
FID ASSET MGR 70% |
6,391 shares | 68,639 | ||||||
| * |
FIDELITY EMERG MRKTS |
96,147 shares | 1,248,952 | ||||||
| * |
FID GR STRATEGIES |
18,675 shares | 217,567 | ||||||
| * |
FID DIVERSIFIED INTL |
558,920 shares | 12,022,366 | ||||||
| * |
FID ASSET MGR 20% |
12,067 shares | 124,526 | ||||||
| * |
FID DIVIDEND GROWTH |
56,348 shares | 889,736 | ||||||
| * |
FID NEW MARKETS INC |
103,741 shares | 1,166,054 | ||||||
| * |
FID EXP & MULTINATL |
77,301 shares | 1,113,906 | ||||||
| * |
FID FOCUSED STOCK |
12,372 shares | 109,247 | ||||||
| * |
FID GLOBAL BALANCED |
10,752 shares | 179,129 | ||||||
| * |
FID INTL CAP APPREC |
10,248 shares | 76,140 | ||||||
13
| (a) |
(b) Identity of Issue |
(c) Description of |
(d) |
(e) Fair Value | |||||
| Mutual Funds (cont.) | |||||||||
| * |
FID SM CAP INDEPEND |
6,207 shares | $ | 65,361 | |||||
| * |
FID MID CAP STOCK |
60,217 shares | 939,981 | ||||||
| * |
FID LARGE CAP STOCK |
9,559 shares | 95,785 | ||||||
| * |
FID GROWTH DISCOVERY |
33,499 shares | 288,423 | ||||||
| * |
FID SMALL CAP STOCK |
41,206 shares | 403,814 | ||||||
| * |
FID EUROPE CAP APP |
7,608 shares | 103,995 | ||||||
| * |
FIDELITY NORDIC |
9,233 shares | 173,484 | ||||||
| * |
FID ASSET MGR 85% |
15,154 shares | 128,811 | ||||||
| * |
FID LATIN AMERICA |
77,098 shares | 2,129,444 | ||||||
| * |
FID JAPAN |
10,647 shares | 94,972 | ||||||
| * |
FID SOUTEAST ASIA |
42,336 shares | 798,887 | ||||||
| * |
FID CHINA REGION |
57,399 shares | 976,360 | ||||||
| * |
FID SEL IT SERVICES |
8,733 shares | 97,900 | ||||||
| * |
FID SEL MED EQ & SYS |
41,793 shares | 771,084 | ||||||
| * |
FID FOUR IN ONE IDX |
5,967 shares | 118,318 | ||||||
| * |
FID JAPAN SMALLER CO |
13,823 shares | 99,113 | ||||||
| * |
FID MEGA CAP STOCK |
4,616 shares | 32,080 | ||||||
| * |
FID STRATEGIC INCOME |
211,272 shares | 1,842,289 | ||||||
| * |
FID FREEDOM INCOME |
1,020 shares | 9,750 | ||||||
| * |
FID FREEDOM 2000 |
438 shares | 4,403 | ||||||
| * |
FID FREEDOM 2010 |
90,748 shares | 940,149 | ||||||
| * |
FID FREEDOM 2020 |
184,132 shares | 1,850,531 | ||||||
| * |
FID FREEDOM 2030 |
116,479 shares | 1,136,840 | ||||||
| * |
FID SM CAP RTMT |
6,353 shares | 65,752 | ||||||
| SPTN TOTAL MKT INDEX |
56,697 shares | 1,421,393 | |||||||
| SPTN EXTND MKT INDEX |
34,753 shares | 783,673 | |||||||
| SPARTAN INTL INDEX |
50,589 shares | 1,352,759 | |||||||
| * |
FID SHORT TERM BOND |
42,165 shares | 335,634 | ||||||
| * |
FID INTM GOVT INCOME |
104,867 shares | 1,148,296 | ||||||
| * |
FID HIGH INCOME |
45,631 shares | 275,614 | ||||||
| * |
FID FIFTY |
36,665 shares | 404,415 | ||||||
| * |
FID SEL AUTOMOTIVE |
249 shares | 3,541 | ||||||
| * |
FID SEL MULTIMEDIA |
965 shares | 21,413 | ||||||
| * |
FID SEL MEDICAL DEL |
8,905 shares | 257,255 | ||||||
| * |
FID SEL PAPER&FOREST |
18 shares | 281 | ||||||
| * |
FID SEL BANKING |
14,724 shares | 217,329 | ||||||
| * |
FID SEL MATERIALS |
5,989 shares | 182,439 | ||||||
| * |
FID SEL INDUST EQUIP |
1,225 shares | 22,680 | ||||||
| * |
FID SEL CONSTR/HOUSE |
2,162 shares | 51,602 | ||||||
| * |
FID SEL TRANSPORT |
1,292 shares | 41,631 | ||||||
| * |
FID SEL NATURAL GAS |
36,530 shares | 736,818 | ||||||
| * |
FID SEL NATURAL RES |
63,907 shares | 1,203,378 | ||||||
| * |
FID SEL INDUSTRIALS |
1,856 shares | 24,383 | ||||||
| * |
FID SEL ENVIRONMENT |
4,296 shares | 57,525 | ||||||
| * |
FID SEL CONS DISCR |
239 shares | 3,265 | ||||||
| * |
FID SEL COMM EQUIP |
1,494 shares | 17,216 | ||||||
| * |
FID SEL PHARMACEUTCL |
39,300 shares | 346,234 | ||||||
| SPARTAN US EQ INDEX |
33,259 shares | 1,060,956 | |||||||
| * |
FIDELITY US BD INDEX |
131,182 shares | 1,415,452 | ||||||
14
| (a) |
(b) Identity of Issue |
(c) Description of |
(d) |
(e) Fair Value | |||||
| Mutual Funds (cont.) | |||||||||
| * |
FID INST SH INT GOVT |
48,116 shares | $ | 489,337 | |||||
| * |
FID LARGE CAP VALUE |
74,422 shares | 636,309 | ||||||
| * |
FID FREEDOM 2040 |
134,691 shares | 752,922 | ||||||
| * |
FID MID CAP VALUE |
30,633 shares | 291,324 | ||||||
| * |
FID LARGE CAP GROWTH |
43,320 shares | 285,049 | ||||||
| * |
FID MID CAP GROWTH |
7,479 shares | 50,782 | ||||||
| * |
FID INFLAT PROT BOND |
125,085 shares | 1,313,391 | ||||||
| * |
FID ULTRASHORT BOND |
6,114 shares | 49,645 | ||||||
| * |
FID FLOAT RT HI INC |
33,290 shares | 252,337 | ||||||
| * |
FID INTL SMALL CAP |
34,597 shares | 427,270 | ||||||
| * |
FID TOTAL BOND |
52,500 shares | 482,998 | ||||||
| * |
FID VALUE DISCOVERY |
40,267 shares | 409,917 | ||||||
| * |
FID REAL ESTATE INC |
5,045 shares | 33,346 | ||||||
| PIMCO TOT RETURN ADM |
440,808 shares | 4,469,792 | |||||||
| TMPL FOREIGN SM CO A |
25,099 shares | 194,769 | |||||||
| COLUMBIA ACORN USA Z |
12,834 shares | 210,357 | |||||||
| ABF BALANCED INV |
11,295 shares | 107,299 | |||||||
| ABF LG CAP VAL INV |
130,599 shares | 1,712,153 | |||||||
| ABF INTL EQUITY INV |
8,105 shares | 100,745 | |||||||
| ABF SH TERM BOND INV |
737 shares | 6,396 | |||||||
| MUTUAL DISCOVERY A |
61,391 shares | 1,369,021 | |||||||
| BARON GROWTH |
57,318 shares | 1,765,958 | |||||||
| BARON ASSET FUND |
9,360 shares | 333,493 | |||||||
| MSIF CAPITAL GRTH P |
269 shares | 3,207 | |||||||
| CALV NEWVIS SM CP A |
1,381 shares | 15,000 | |||||||
| CALVERT SIF BALNCD A |
706 shares | 14,352 | |||||||
| CALVERT SIF: BOND A |
23,835 shares | 338,223 | |||||||
| CALVERT SIF:EQUITY A |
1,627 shares | 37,269 | |||||||
| FMA SMALL CO INV |
4,715 shares | 62,328 | |||||||
| FPA CRESCENT |
67,862 shares | 1,329,421 | |||||||
| RHJ MICRO CAP |
15,938 shares | 165,592 | |||||||
| AM CENTURY ULTRA |
240,393 shares | 3,473,679 | |||||||
| LOOMIS SM CAP VAL R |
2,831 shares | 46,829 | |||||||
| OLDMUT DEVLOP GRTH Z |
1,497 shares | 14,653 | |||||||
| ARIEL FUND |
32,265 shares | 761,460 | |||||||
| ARIEL APPRECIATION |
14,698 shares | 320,132 | |||||||
| NB CORE BOND INV |
9,389 shares | 84,222 | |||||||
| ALGER CAP APPREC I |
68,355 shares | 838,037 | |||||||
| ALGER MIDCAP GRTH I |
86,984 shares | 685,437 | |||||||
| ALGER SMALL CAP I |
6,915 shares | 106,630 | |||||||
| FKLN SMMIDCAP GRTH A |
4,047 shares | 82,119 | |||||||
| DREY EQUITY GROWTH F |
1,857 shares | 6,870 | |||||||
| DREY MID-CAP GRTH F |
79,507 shares | 259,193 | |||||||
| OLDMUT GROWTH Z |
457 shares | 6,989 | |||||||
| AIM DYNAMICS INV |
2,371 shares | 29,916 | |||||||
| MUTUAL SHARES CL A |
49,398 shares | 751,831 | |||||||
| MANAGERS SPECIAL EQ |
2,594 shares | 78,550 | |||||||
| MSIF BALANCED P |
2,953 shares | 29,260 | |||||||
| MSIF CP FX INC P |
8,116 shares | 70,854 | |||||||
15
| (a) |
(b) Identity of Issue |
(c) Description of |
(d) |
(e) Fair Value | |||||
| Mutual Funds (cont.) | |||||||||
| MSIF MID CAP GRTH P |
5,191 shares | $ | 88,760 | ||||||
| MSIF VALUE P |
5,218 shares | 51,663 | |||||||
| MSIF SM CO GRTH P |
7,650 shares | 55,007 | |||||||
| MSIF ACTIVE INTL P |
444 shares | 4,118 | |||||||
| MSIF EMERGING MKTS P |
23,557 shares | 318,249 | |||||||
| NB FOCUS TRUST |
3,568 shares | 35,891 | |||||||
| NB GENESIS - TR CL |
69,078 shares | 2,147,626 | |||||||
| NB MDCP GRTH TRUST |
277 shares | 2,733 | |||||||
| NB PARTNERS TRUST |
17,120 shares | 203,046 | |||||||
| NB SOCIALLY RESP TR |
5,121 shares | 56,225 | |||||||
| OAKMARK SELECT I |
8,882 shares | 141,939 | |||||||
| OAKMARK FUND I |
11,072 shares | 285,111 | |||||||
| ALLNZ CCM CAP AP ADM |
9,605 shares | 113,441 | |||||||
| ALLNZ CCM MID CP ADM |
3,706 shares | 56,625 | |||||||
| PIM GLBBND AD UNHDGD |
39,228 shares | 335,398 | |||||||
| PIMCO HIGH YIELD ADM |
35,030 shares | 234,351 | |||||||
| PIMCO LOW DUR ADM |
23,288 shares | 219,373 | |||||||
| PIMCO LT US GOVT ADM |
55,662 shares | 663,493 | |||||||
| ALL/BERN SMCP GRTH A |
21,055 shares | 356,250 | |||||||
| WFA ULTRAST INC INV |
3,505 shares | 27,939 | |||||||
| WFA SHRTTERM BND INV |
170 shares | 1,369 | |||||||
| WFA DISCOVERY INV |
6,529 shares | 83,640 | |||||||
| WFA GROWTH INV |
1,560 shares | 26,894 | |||||||
| WFA COMMON STOCK INV |
6,066 shares | 71,998 | |||||||
| WFA OPPORTUNITY INV |
939 shares | 20,466 | |||||||
| WFA LG CAP GRTH INV |
1,558 shares | 28,704 | |||||||
| WFA GOVT SECURITY INV |
34,600 shares | 373,681 | |||||||
| TEMPLETON DEV MKTS A |
23,407 shares | 301,486 | |||||||
| TEMPLETON GROWTH A |
38,460 shares | 501,907 | |||||||
| TMPL GLOBAL BOND A |
306,401 shares | 3,431,695 | |||||||
| TEMPLETON WORLD A |
55,299 shares | 593,357 | |||||||
| USAA CORNERSTONE |
5,195 shares | 81,254 | |||||||
| USAA GNMA TRUST |
34,062 shares | 336,870 | |||||||
| USAA INCOME FUND |
29,832 shares | 323,973 | |||||||
| USAA INCOME STOCK |
10,747 shares | 100,480 | |||||||
| USAA INTERNATIONAL |
4,368 shares | 74,477 | |||||||
| USAA GROWTH FUND |
6,439 shares | 63,809 | |||||||
| USAA EMERGING MKTS |
5,054 shares | 53,977 | |||||||
| AIM CONSTELLATION A |
5,569 shares | 93,774 | |||||||
| CS LG CAP GRTH COM |
27 shares | 323 | |||||||
| CS MID CAP CORE COM |
614 shares | 14,163 | |||||||
| CS GLOBAL FX INC COM |
20,854 shares | 194,983 | |||||||
| RS EMERGING GROWTH A |
3,654 shares | 80,752 | |||||||
| JANUS ADV WRLDWIDE S |
453 shares | 8,981 | |||||||
| ARTISAN INTL |
24,601 shares | 368,024 | |||||||
| MSIF INTL EQUITY P |
2,719 shares | 29,642 | |||||||
| JANUS WORLDWIDE |
88,752 shares | 2,638,587 | |||||||
| NB GUARDIAN TRUST |
87 shares | 659 | |||||||
| DWS INTERNATIONAL S |
293 shares | 10,155 | |||||||
16
| (a) |
(b) Identity of Issue |
(c) Description of |
(d) |
(e) Fair Value | |||||
| Mutual Funds (cont.) | |||||||||
| DOMINI SOCIAL EQ INV |
3,138 shares | $ | 61,498 | ||||||
| RAINIER SM/MID CAP |
23,957 shares | 482,738 | |||||||
| DWS GLOBAL OPPS S |
1,747 shares | 37,710 | |||||||
| JANUS ADV LC GRTH S |
3,079 shares | 49,635 | |||||||
| JANUS ADV MC GRTH S |
6,603 shares | 149,490 | |||||||
| JANUS ADV FORTY S |
63,918 shares | 1,403,631 | |||||||
| JANUS ADV INTL GTH S |
55,979 shares | 1,506,386 | |||||||
| JANUS ADV BALANCED S |
27,701 shares | 579,788 | |||||||
| JANUS ADV FLEX BND S |
20,957 shares | 257,980 | |||||||
| DWS GRTH & INCOME S |
5,390 shares | 59,132 | |||||||
| TEMPLETON FOREIGN A |
12,993 shares | 57,689 | |||||||
| DREY EQUITY GROWTH A |
9,226 shares | 33,215 | |||||||
| TCW SM CAP GRTH N |
4,781 shares | 67,942 | |||||||
| COL SM CAP CORE Z |
26,866 shares | 248,507 | |||||||
| MSIF LGCP REL VAL P |
12,453 shares | 97,630 | |||||||
| AIM GBL SM&MDCP GR A |
8,585 shares | 93,237 | |||||||
| MANAGERS BOND FUND |
80,935 shares | 1,590,377 | |||||||
| MGRS AMG ES LG CP GR |
44 shares | 858 | |||||||
| RS SMALLER CO GRTH A |
2,574 shares | 26,998 | |||||||
| TCW SELECT EQUITY N |
14,366 shares | 143,082 | |||||||
| CS LARGE CAP VALUE A |
2,234 shares | 21,203 | |||||||
| AIM BASIC VALUE A |
5,956 shares | 78,622 | |||||||
| ARTISAN MID CAP INV |
14,782 shares | 251,438 | |||||||
| CS SM CAP CORE COM |
3,298 shares | 27,404 | |||||||
| OAKMARK EQ & INC I |
98,188 shares | 2,116,933 | |||||||
| ROYCE LOW PR STK SER |
55,292 shares | 506,472 | |||||||
| WFA SM CAP VAL INV |
18,058 shares | 327,757 | |||||||
| VK GROWTH & INCOME A |
23,511 shares | 332,214 | |||||||
| LD ABBETT AFFILTD A |
35,486 shares | 305,536 | |||||||
| DWS/D HIGH RTN EQ A |
12,357 shares | 299,657 | |||||||
| VAN KAMPEN EQ INC A |
11,903 shares | 76,777 | |||||||
| AIM MIDCAP CORE EQ A |
15,692 shares | 252,803 | |||||||
| PERKINS MD CP VL INV |
117,105 shares | 1,789,370 | |||||||
| WEST ASSET CORE FI |
23,804 shares | 216,144 | |||||||
| BARON SMALL CAP |
9,926 shares | 141,353 | |||||||
| ARTISAN MID CAP VAL |
23,246 shares | 301,267 | |||||||
| WFA C&B MDCP VAL INV |
2,292 shares | 24,061 | |||||||
| PIMCO REAL RTN BD AD |
43,914 shares | 414,986 | |||||||
| LMP AGGR GROWTH A |
424 shares | 28,598 | |||||||
| NB HIGH INC BOND INV |
1,246 shares | 8,039 | |||||||
| ALLNZ NFJ SMCPVAL AD |
507,159 shares | 9,661,384 | |||||||
| RS PARTNERS A |
6,188 shares | 111,384 | |||||||
| ALL/BERN SMMDCPVAL A |
4,493 shares | 44,395 | |||||||
| LD ABBETT MIDCPVAL P |
33,340 shares | 337,398 | |||||||
| COL/ACORN SELECT Z |
38,092 shares | 535,955 | |||||||
| COL CONS HIGH YLD Z |
3,013 shares | 18,046 | |||||||
| CRM MID CAP VAL INV |
30,362 shares | 566,564 | |||||||
| ABF SM CAP VAL INV |
6,968 shares | 80,268 | |||||||
| AM CEN LG CO VAL INV |
25,186 shares | 108,049 | |||||||
17
| (a) |
(b) Identity of Issue |
(c) Description of |
(d) |
(e) Fair Value | |||||
| Mutual Funds (cont.) | |||||||||
| AM CENT SM COMP INV |
13,357 shares | $ | 68,524 | ||||||
| NB INTL FUND TRUST |
2,210 shares | 26,854 | |||||||
| LMP LARGE CAP GRTH A |
250 shares | 3,939 | |||||||
| * |
FID SEL NET & INFSTR |
34,017 shares | 41,841 | ||||||
| * |
FID SEL WIRELESS |
54,618 shares | 234,310 | ||||||
| * |
FID BLUE CHIP VALUE |
52,135 shares | 411,867 | ||||||
| * |
FID NASDAQ COMP INDX |
6,901 shares | 143,891 | ||||||
| * |
FID FREEDOM 2005 |
6,634 shares | 55,659 | ||||||
| * |
FID FREEDOM 2015 |
112,868 shares | 966,147 | ||||||
| * |
FID FREEDOM 2025 |
201,052 shares | 1,654,655 | ||||||
| * |
FID FREEDOM 2035 |
94,496 shares | 758,806 | ||||||
| * |
FID STRAT DIV & INC |
16,586 shares | 118,754 | ||||||
| * |
FID FOCUSED HIGH INC |
138 shares | 1,014 | ||||||
| * |
FID INTL REAL ESTATE |
43,544 shares | 288,696 | ||||||
| * |
FID SMALL CAP GROWTH |
828,784 shares | 7,202,133 | ||||||
| * |
FID SMALL CAP VALUE |
18,151 shares | 169,166 | ||||||
| * |
FID INTL SM CAP OPP |
14,910 shares | 89,310 | ||||||
| * |
FID STRAT REAL RET |
2,498 shares | 17,137 | ||||||
| SPTN ST TR INDX INV |
23,663 shares | 255,089 | |||||||
| SPTN INT TR INDX INV |
95,072 shares | 1,097,134 | |||||||
| SPTN LT TR INDX INV |
46,874 shares | 571,391 | |||||||
| * |
FID INTL VALUE |
1,417 shares | 8,447 | ||||||
| * |
FID FREEDOM 2045 |
35,901 shares | 236,230 | ||||||
| * |
FID FREEDOM 2050 |
22,154 shares | 143,117 | ||||||
| * |
FIDELITY BROKERAGELINK*** |
639,218 | |||||||
| Total mutual funds |
$ | 196,063,822 | |||||||
| * |
Money Market Funds |
||||||||
| FIDELITY RETIRE MMKT |
31,786,214 shares | $ | 31,786,214 | ||||||
| FIDELITY CASH RESERVE |
16,497,041 shares | 16,497,041 | |||||||
| FIDELITY US GOVT RES |
7,636,852 shares | 7,636,852 | |||||||
| FIDELITY RET GOVT MM |
1,452,931 shares | 1,452,931 | |||||||
| FIDELITY INSTITUTIONAL MM FDS M |
158,163 shares | 158,163 | |||||||
| FIDELITY BROKERAGELINK*** |
789,312 | ||||||||
| Total money market funds |
$ | 58,320,513 | |||||||
| * |
Participant Loans |
***** | $ | 4,882,409 | |||||
| Total investments |
$ | 377,098,328 | |||||||
| * | Identifies a party-in-interest to the Plan. |
| ** | This schedule represents those assets required to be reported under Section 2520.103-11 of the Department of Labor’s Rules and Regulations, and Form 5500 Schedule H, Line 4i. |
| *** | These line items represent the aggregate value of participant-directed mutual fund and money market fund investments held within the Self-Directed Brokerage at Fidelity, which is a party-in-interest. |
| **** | Per Section 2520.103-11(d) of the Department of Labor’s Rules and Regulations, cost may be omitted as all investments are participant directed. |
| ***** | The participant loan interest rates are between 4.5% - 9.25%. The loan terms are between one and five years. |
18
Exhibit 23 - Consent of Independent Registered Public Accounting Firm
19
Teradata Savings Plan. Pursuant to the requirements of the Securities Exchange Act of 1934, Teradata Corporation, the administrator of the Teradata Savings Plan, has duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.
| Teradata Savings Plan | ||||||
| Date: June 26, 2009 | By: | Stephen M. Scheppmann | ||||
| Stephen M. Scheppmann | ||||||
| Executive Vice President and Chief Financial Officer | ||||||
20