e11vk
 
 
United States Securities and Exchange Commission
Washington, DC 20549
FORM 11-K
(Mark One)
     
þ   ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 2007
OR
     
o   TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Commission file number 001-00815
DuPont Retirement Savings Plan
(Full title of Plan)
E. I. du Pont de Nemours and Company
1007 Market Street
Wilmington, Delaware 19898
(Name and address of principal executive office of issuer)
 
 

 


 

SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, E. I. du Pont de Nemours and Company has duly caused this Annual Report to be signed on its behalf by the undersigned hereunto duly authorized.
         
 
  DuPont Retirement Savings Plan    
 
       
 
  Dated: June 27, 2008    
 
       
 
  /S/ Robert Slone    
 
 
 
Robert Slone
   
 
  Director of Global Rewards,    
 
       Policy & Strategy and US Delivery    

 


 

DuPont Retirement Savings Plan
Index to Financial Statements and Supplemental Schedule
     
    Page(s)
  1
 
Financial Statements
   
 
  2
 
  3
 
   4 — 13 
 
Supplemental Schedule*
   
 
  14
 
*   Other supplemental schedules required by Section 2520.103-10 of the Department of Labor Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974 have been omitted because they are not applicable.

 


 

Report of Independent Registered Public Accounting Firm
To the Participants and Administrator of
DuPont Retirement Savings Plan
In our opinion, the accompanying statement of net assets available for benefits and the related statement of changes in net assets available for benefits present fairly, in all material respects, the net assets available for benefits of DuPont Retirement Savings Plan (the “Plan”) at December 31, 2007 and the changes in net assets available for benefits for the year then ended in conformity with accounting principles generally accepted in the United States of America. 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 audit. We conducted our audit of these statements 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, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audit provide a reasonable basis for our opinion.
Our audit was conducted 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) 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/ PRICEWATERHOUSECOOPERS LLP
Philadelphia, Pennsylvania
June 27, 2008

 


 

DuPont Retirement Savings Plan
Statement of Net Assets Available for Benefits
December 31, 2007
         
    2007  
Assets
       
Investments, at fair value:
       
Plan interest in DuPont and Related Companies Defined Contribution Plan Master Trust
  $ 3,692,300  
Company Stock Funds
    264,458  
Mutual funds
    2,403,345  
Common/collective trust funds
    426,058  
Participant loans
    137,632  
 
     
 
Total investments
    6,923,793  
 
     
 
       
Receivables:
       
Participants’ contributions
    268,742  
Employer’s contributions
    405,874  
Investment income
    195  
 
     
 
Total receivables
    674,811  
 
     
Cash:
    901  
 
     
 
Total Assets
    7,599,505  
 
     
 
       
Liabilities:
       
Accounts payable
    44,000  
 
     
 
       
Net assets available for benefits, at fair value
    7,555,505  
 
     
 
       
Adjustments from fair value to contract value for interest in Master Trust relating to fully benefit-responsive investment contracts
    (71,563 )
 
     
 
       
Net assets available for benefits
  $ 7,483,942  
 
     
The accompanying notes are an integral part of these financial statements.

2


 

DuPont Retirement Savings Plan
Statement of Changes in Net Assets Available for Benefits
For the Year Ended December 31, 2007
         
    2007  
Additions:
       
Investment income:
       
Interest
  $ 3,484  
Dividends
    147,838  
Net depreciation in fair value of investments
    (135,678 )
 
     
Total investment income
    15,644  
 
     
 
       
Plan interest in DuPont and Related Companies Defined Contribution Plan Master Trust investment income
    15,492  
 
     
 
       
Contributions:
       
Employer’s contributions
    3,263,542  
Participants’ contributions
    2,456,272  
Rollovers
    1,940,282  
 
     
Total contributions
    7,660,096  
 
     
 
Total additions
    7,691,232  
 
     
 
       
Deductions:
       
Benefits paid to participants
    157,290  
Administrative expenses
    50,000  
 
     
Total deductions
    207,290  
 
     
 
Net increase
    7,483,942  
 
     
 
       
Net assets available for benefits:
       
 
       
Beginning of year
     
 
     
End of year
  $ 7,483,942  
 
     
The accompanying notes are an integral part of these financial statements.

3


 

DuPont Retirement Savings Plan
Notes to Financial Statements
NOTE 1 — DESCRIPTION OF THE PLAN
The following description of the DuPont Retirement Savings Plan (the “Plan”) provides only general information. Participants should refer to the Plan document for a more complete description of the Plan’s provisions.
General
The Plan is a defined contribution plan which was established by the Board of Directors of E. I. du Pont de Nemours and Company (“DuPont” or the “Company”) and became effective January 1, 2007. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 (“ERISA”) and the Internal Revenue Code.
The purpose of this Plan is to encourage and assist employees in following a systematic savings program suited to their individual financial objectives, and to provide an opportunity for employees to become stockholders in the Company. This Plan is a profit-sharing plan. Each “Covered Employee”, as defined, whose Employment Commencement Date or Reemployment Commencement Date is on or after January 1, 2007, is considered an “Eligible Employee”.
Contributions
Eligible employees may participate in the Plan by authorizing the Company to make payroll deductions (“participant’s savings”). The amount deducted can be deposited into a Before-tax account, After-tax account or some combination thereof. A participant may elect the maximum savings rate of 100% of eligible compensation, as defined. The Company will contribute an amount equal to 100% of a participant’s savings during a month except that no Company contribution will be made for participant’s savings in excess of 6% of eligible compensation. In addition, the Company will make a “Retirement Savings Contribution” equal to 3% of eligible monthly compensation. An Eligible Employee who does not make an election within 60 days following his Employment Commencement Date or Reemployment Commencement Date in the form designated by the Administrative Committee will be deemed to have elected to make Before-Tax Contributions in the amount of 3% of Compensation, and will be deemed to have elected to increase this contribution by 1% of Compensation as of each succeeding anniversary of his enrollment in the Plan, to a maximum Before-Tax Contribution of 6% of Compensation. All of the above participant’s savings and elections are subject to regulatory and Plan limitations.
Participants direct the investment of their contributions into various investment options offered by the Plan. The Plan currently offers 19 mutual funds, 4 common/collective trust funds, 1 company stock fund, a stable value fund and 3 asset allocation funds as investment options for participants. A Participant shall have a 100% non-forfeitable interest at all times in his Before-Tax Contribution, After-Tax Contribution, Rollover Contribution and Matching Contribution Accounts. Participants shall have a non-forfeitable interest in his Retirement Savings Contribution Account when they have to their credit three (3) Years of Service.

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DuPont Retirement Savings Plan
Notes to Financial Statements
Participant Accounts
Each participant’s account is credited with the participant’s contribution and allocations of (a) the Company’s contribution and (b) Plan earnings, and charged with an allocation of administrative expenses. Allocations are based on participant earnings or account balances, as defined. The benefit to which a participant is entitled is the benefit that can be provided from the participant’s vested account.
Payment of Benefits
Company contributions will be suspended for six months if a participant withdraws, while in-service, any matched before-tax or after-tax savings contributed or Company contributions made to the account during the last two years. A participant who terminates from active service may elect to make an account withdrawal at any time. On termination of service due to retirement, a participant also may elect to receive the value of their account balance in installment payments. Required minimum distributions will begin in March of the calendar year following the later of the year in which the participant attains age 701/2 or the year following retirement or termination of employment.
Participant Loans
Participants may borrow up to one-half of their non-forfeitable account balances, excluding their retirement savings contributions accounts, subject to a $1,000 minimum and required regulatory loan maximum limitations. The loans are executed by promissory notes and have a minimum term of 1 year and a maximum term of 5 years, except for qualified residential loans, which have a maximum term of 10 years. The loans bear an interest rate equal to the average rate charged by selected major banks to prime customers for secured loans. The loans are repaid over the term in installments of principal and interest by deduction from pay or through ACH account debit. A participant also has the right to repay the loan in full, at any time, without penalty. At December 31, 2007, loan interest rates ranged from 8.50 percent to 9.25 percent.
Forfeited Accounts
At December 31, 2007 forfeited non-vested accounts totaled $69,637. These accounts will be used to reduce future employer contributions or to pay administrative expenses. For the year ended December 31, 2007, no forfeitures were used to offset Company contributions.
Administration
The designated trustee of the Plan is Merrill Lynch Trust Company of America (Merrill Lynch). The administration of the Plan is vested in the Company, which may designate one or more persons to operate and administer the Plan. The Company has the responsibility of appointing the trustees and the authority to designate the Plan’s investment options.

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DuPont Retirement Savings Plan
Notes to Financial Statements
To address the issue of market timing, the Company has implemented certain controls on trading activity for certain funds. At the current time, the funds listed below have a holding period requirement:
    Blackrock Global Growth Fund (Class I Shares)
 
    Blackrock International Value Fund (Class I Shares)
 
    Merrill Lynch International Index Trust
 
    Templeton Growth Fund (Class A Shares)
Plan participants who purchase an interest (“invest”) in any of these funds must hold that interest for at least 15 trading days. Plan participants who sell an interest in any of these funds (e.g., transfer assets to another fund) may not purchase any additional interest in that same fund for 15 trading days.
These changes have been communicated to all Plan participants. DuPont will continue to monitor the situation and will make changes to the investment restrictions as appropriate.
Reasonable expenses of administering the Plan, including, but not limited to, recordkeeping expenses, trustee fees and transactional costs may, at the election of the Plan Administrator, be paid by the Plan. Expenses paid by the Plan for the year ended December 31, 2007 were $50,000.
NOTE 2 — SIGNIFICANT ACCOUNTING POLICIES
Basis of Accounting
The financial statements have been prepared on the accrual basis of accounting.
As described in Financial Accounting Standards Board Staff Position, FSP AAG INV-1, Reporting of Fully Benefit-Responsive Investment Contracts Held by Certain Investment Companies subject to the AICPA Investment Company Audit Guide and Defined Contribution Health and Welfare and Pension Plans (the “FSP”), investment contracts held by a defined contribution plan are required to be reported at fair value. This applies even when the contracts are not held directly by the Plan but are underlying assets in the Master trust investments held by the Plan. However, contract value is the relevant measurement of net assets available for benefits in a defined contribution plan that holds 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. As required by the FSP, the Statement of Net Assets Available for Benefits presents the fair value of the fully benefit-responsive investment contracts held by the master trust with an adjustment to contract value. The Statement of Changes in Net Assets Available for Benefits is prepared on a contract value basis.

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DuPont Retirement Savings Plan
Notes to Financial Statements
Investment Valuation and Income Recognition
The Plan’s investments are stated at fair value. Shares of registered investment companies (“mutual funds”) are valued at the net asset value of shares held by the Plan at year-end. Assets held in common collective trusts (“CCT’s”) are valued at net unit value as determined by the trustee at year-end. The Company stock funds are valued at year-end unit closing price (defined as the year-end market price of common stock plus uninvested cash position). Participant loans are valued at their outstanding balances, which approximate fair value.
For purposes of the Statement of Net Assets Available for Benefits, the Plan’s interest in the DuPont and Related Companies Defined Contribution Plan Master Trust (“master trust”) related to fully benefit-responsive investment contracts are stated at fair value with an adjustment back to contract value. Contract value represents contributions made, plus earnings, less participant withdrawals and administrative expenses. As provided in the FSP, an investment contract is generally required to be reported at fair value, rather than contract value, to the extent it is fully benefit-responsive. The fair value of the guaranteed investment contracts (“GIC’s”) is calculated by discounting the related cash flows based on current yields of similar instruments with comparable durations. The fair value of synthetic GIC’s is determined using the market price of the underlying securities and the value of the investment contract (“wrapper”).
Purchases and sales of investments are recorded on a trade-date basis. Interest income is recorded on the accrued basis. Dividend income is recorded on the ex-dividend date. Capital gain distributions are included in dividend income.
Use of Estimates
The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates that affect the financial statements and accompanying notes. Actual results could differ from those estimates.
Payment of Benefits
Benefits are recorded when paid.
Accounting Standards Issued Not Yet Adopted
In September 2006, the Financial Accounting Standards Board (FASB) issued Statement of Financial Accounting Standards (SFAS) No. 157, “Fair Value Measurements,” (SFAS 157) which addresses how companies should measure fair value when required for recognition or disclosure purposes under GAAP. The standard’s provisions will be applied to existing accounting measurements and related disclosures that are based on fair value. SFAS 157 does not require any new fair value measurements. The standard applies a common definition of fair value to be used throughout GAAP, with emphasis on fair value as a “market-based” measurement versus an entity-specific measurement and establishes a hierarchy of fair value measurement methods. The disclosure requirements are expanded to include the extent to which companies use fair value measurements, the methods and assumptions used to measure fair value and the effect of fair value

- 7 -


 

DuPont Retirement Savings Plan
Notes to Financial Statements
measurements on earnings. SFAS 157 is effective for fiscal years beginning after November 15, 2007. The new standard’s provisions applicable to the Plan will be applied to the Plan’s financial statements prospectively for the period beginning January 1, 2008. The Plan administrator expects that the adoption of SFAS 157 will not have a material effect on the Plan’s net assets available for benefits or changes in net assets available for benefits.
NOTE 3 — INTEREST IN MASTER TRUST
The Company and certain affiliates (“employers”) have entered into a Master Trust Agreement with Merrill Lynch (“Trustee”) to establish the DuPont and Related Companies Defined Contribution Plan Master Trust to allow participants from affiliated plans to invest in a Stable Value Fund and three different Asset Allocation Funds: the Conservative, Moderate, and Aggressive Asset Allocation Funds. To participate in the Master Trust, affiliates who sponsor qualified savings plans and who have adopted the Master Trust Agreement are required to make payments to the Trustee of designated portions of employees’ savings and other contributions by the affiliate. Investment income relating to the Master Trust is allocated proportionately by investment fund to the plans within the Master Trust based on the Plan’s interest to the total fair value of the Master Trust investment funds. The Plan’s undivided interest in the Master Trust was .06% as of December 31, 2007.
The Stable Value Fund is invested in a money market fund, traditional GIC’s separate account GIC’s, and synthetic GIC’s, which are backed by fixed income assets. The crediting interest rates on investment contracts ranged from 4.40% to 6.19% for the year ended December 31, 2007. The weighted average credited interest rate of return of the Stable Value Fund based on the interest rate credited to participants was 5.49% for the year ended December 31, 2007. The weighted average yield of the Stable Value Fund based on the actual earnings of underlying assets in the Stable Value Fund was 5.04% for the year ended December 31, 2007.
For traditional GIC’s the insurer maintains the assets in a general account. The account is credited with earnings on the underlying investments and charged for participant withdrawals and administrative expenses. Separate and synthetic GIC’s, backed by underlying assets, provide for a guaranteed return on principal and accrued interest over a specified period of time (i.e., period of time before the crediting rate reset) through benefit-responsive wrapper contracts issued by a third party assuming that the underlying assets meet the requirements of the GIC.
The contract or crediting rates for certain stable value investment contracts are reset six times per year and are based on the performance of the portfolio of assets underlying these contracts. Inputs used to determine the crediting rate include each contract’s portfolio market value of fixed income assets, current yield-to-maturity, duration (similar to weighted average life) and market value relative to contract value. All contracts have a guaranteed rate of at least 0% or higher with respect to determining interest rate resets. There are no reserves against contract value for credit risk of the contract issuer or otherwise.

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DuPont Retirement Savings Plan
Notes to Financial Statements
Participants may ordinarily direct the withdrawal or transfer of all or a portion of their investment at contract value for plan permitted benefit payments. Certain events may limit the ability of the Plan to transact at contract value with the issuer. Such events include the following: (i) amendments to the Plan documents (including complete or partial Plan termination or merger with another plan) (ii) changes to Plan’s prohibition on competing investment options or deletion of equity wash provisions; (iii) bankruptcy of the Plan sponsor or other Plan sponsor events (e.g. divestitures or spin-offs of a subsidiary) which cause a significant withdrawal from the Plan or (iv) the failure of the trust to qualify for exemption from federal income taxes or any required prohibited transaction exemption under ERISA. The Plan Administrator does not believe that the occurrence of any such value event, which would limit the Plan’s ability to transact at contract value with participants, is probable.
Based on certain events specified in fully benefit-responsive investment contracts (i.e., GICs, separate account GICs and synthetic GICs), both the Plan/Trust and issuers of such investment contracts are permitted to terminate the investment contracts. If applicable, such terminations can occur prior to the scheduled maturity date.
Examples of termination events that permit issuers to terminate investment contracts include the following:
  1.   The Plan Sponsor’s receipt of a final determination notice from the Internal Revenue Service that the Plan does not qualify under Section 401(a) of the Code.
 
  2.   The Trust ceases to be exempt from federal income taxation under Section 501(a) of the Code.
 
  3.   The Plan/Trust or its representative breaches material obligations under the investment contract such as a failure to satisfy its fee payment obligations.
 
  4.   The Plan/Trust or its representative makes a material misrepresentation.
 
  5.   The Plan/Trust makes a material amendment to the Plan/Trust and/or the amendment adversely impacts the issuer.
 
  6.   The Plan/Trust, without the issuer’s consent, attempts to assign its interest in the investment contract.
 
  7.   The balance of the contract value is zero or immaterial.
 
  8.   Mutual consent
 
  9.   The termination event is not cured within a reasonable time period, e.g., 30 days.
For synthetic GICs, additional termination events include the following:
  1.   The investment manager of the underlying securities is replaced without the prior written consent by the issuer.
 
  2.   The underlying securities are managed in a way that does not comply with the investment guidelines.

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DuPont Retirement Savings Plan
Notes to Financial Statements
At termination, the contract value is adjusted to reflect a discounted value based on surrender charges or other penalties for GICs and maturing separate account GICs.
For synthetic GICs, termination is at market value of the underlying securities less unpaid issuer fees or charges. If the termination event is not material based on industry standards, it may be possible for the Plan/Trust to exercise its right to require the issuer that initiated the termination to extend the investment contract for a period no greater than what it takes to immunize the underlying securities and/or it may be possible to replace the issuer of a synthetic GIC that terminates the contract with another synthetic GIC issuer. Both options help maintain the stable contract value.
The following table presents the values of investments of the Master Trust:
         
    December 31,  
    2007  
Investment contracts, at fair value
  $ 5,006,302,387  
Mutual Funds
    646,569,704  
Common/collective trust funds
    73,909,014  
 
     
Total assets, at fair value
  $ 5,726,781,105  
 
     
 
Adjustment from fair value to contract value for interest in Master trust relating to fully benefit-responsive investment contracts
    (98,948,275 )
 
     
 
Total assets, at contract value
  $ 5,627,832,830  
 
     
Investments (at contract value) of the Master Trust that represent 5 percent or more of the assets of the Master Trust were as follows:
         
    December 31,
    2007
Investment contracts
       
Monumental Life Insurance Co (MDA 00665TR-B)
  $ 604,419,150  
ING Life Insurance & Annuity Co. (14522-440-01)
    604,419,150  
AIG Life Insurance Company (583407)
    604,419,150  
JPMorgan Chase Bank (DuPontTP02)
    604,419,150  
State Street Bank & Trust (102001)
    604,419,150  
Mutual Funds
       
ML Premier Institutional Fund
    646,569,704  

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DuPont Retirement Savings Plan
Notes to Financial Statements
For the year ended December 31, 2007 the Master Trust’s total investment income was as follows:
         
    December 31,  
    2007  
Interest on Investment contracts
  $ 296,749,774  
Net appreciation in fair value of Common/collective trust funds
    5,560,259  
 
     
 
Total
  $ 302,310,033  
 
     
At December 31, 2007, the total assets of the Master Trust of $5,627,832,830 included participant investments in the Stable Value Fund of $5,488,871,166 and $138,961,665 in the Conservative, Moderate, and Aggressive Allocation Funds.
NOTE 4 — INVESTMENTS
As of December 31, 2007, the Plan’s interest in the Master Trust of $3,620,737 was the only investment representing 5% or more of the net assets available for benefits
During the year ended December 31, 2007, the Plan’s investments (including gains and losses on investments bought and sold as well as held during the year) depreciated in value as follows:
         
    December 31,  
    2007  
Company stock funds
  $ (30,182 )
Mutual funds
    (102,534 )
Common/collective trust funds
    (2,962 )
 
     
Net depreciation in fair value of investments
  $ (135,678 )
 
     
NOTE 5 — TAX STATUS
The Plan is designed to be a qualified plan pursuant to Section 401(a) of the Internal Revenue Code (the “Code”) and the related Trusts are exempt from federal taxation under Section 501(a) of the Code. The Company will apply for a favorable tax determination letter from the Internal Revenue Service. However, the Plan administrator believes that the Plan is currently designed and operated in accordance with the applicable sections of the Code. Accordingly, no provision has been made for federal income taxes in the accompanying financial statements.

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DuPont Retirement Savings Plan
Notes to Financial Statements
NOTE 6 — RELATED PARTY TRANSACTIONS
Certain Plan investments are shares of mutual funds and units of common/collective trust funds managed by Merrill Lynch, the Trustee. The Plan offers the DuPont Company Stock Fund investment option. At December 31, 2007 the Plan held 5,998.1298 shares of DuPont common stock valued at $264,458. The Plan purchased $316,005 of stock during the year ended December 31, 2007. The Plan sold $25,420 of stock during the year ended December 31, 2007.
In addition, the assets of the Stable Value Fund are managed by DuPont Capital Management Corporation (“DCMC”), a registered investment adviser and wholly-owned subsidiary of DuPont, under the terms of an investment management agreement between DCMC and the Company. DCMC hires additional investment managers to manage a portion of the fixed income assets backing synthetic GIC’s allocated to the Stable Value Fund. The amount of DCMC fees accrued and paid by the Stable Value fund was $2,198,464 for the year ended December 31, 2007.
NOTE 7 — RECONCILIATION OF FINANCIAL STATEMENTS TO FORM 5500
The following is a reconciliation of net assets available for benefits per the financial statements at December 31, 2007 to the Form 5500:
         
    December 31,  
    2007  
Net assets available for benefits per the financial statements
  $ 7,483,942  
 
       
Amounts allocated to withdrawing participants at December 31, 2007
    (901 )
 
       
Adjustment from contract value to fair value for fully benefit responsive investment contracts
    71,563  
 
     
 
Net assets available for benefits per the Form 5500
  $ 7,554,604  
 
     
The following is a reconciliation of Master Trust gain per the financial statements for the year ended December 31, 2007 to the Form 5500:
         
    December 31,  
    2007  
Net appreciation in value of Master Trust included in the financial statements
  $ 15,492  
 
       
2007 adjustment from contract value to fair value for fully benefit responsive investment contracts
    71,563  
 
     
 
Net appreciation in value of Master Trust per the Form 5500
  $ 87,055  
 
     

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DuPont Retirement Savings Plan
Notes to Financial Statements
         
    December 31,  
    2007  
Benefits paid to participants per the financial statements
    157,290  
Amounts allocated to withdrawing participants at December 31, 2007
    901  
       
Benefits paid to participants per the form 5500
    158,191  
       
Amounts allocated to withdrawing participants are recorded on the Form 5500 for benefit claims that have been processed and approved for payment prior to December 31 but are not yet paid as of that date.
NOTE 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 statement of net assets available for benefits.
NOTE 9 — PLAN TERMINATION
Although it has not expressed any intent to do so, the Company has the right under the Plan to discontinue its contributions at any time and to terminate the Plan, subject to the provisions of ERISA. In the event of Plan termination, participants will become 100 percent vested in their accounts.
NOTE 10 — SUBSEQUENT EVENTS
Effective January 28, 2008 all the assets of the Master Trust were transferred from Merrill Lynch to Northern Trust Corporation, which became the trustee of a new Master Trust. Merrill Lynch remained as the trustee for the existing mutual funds and Company Stock Funds. As part of the transfer the Plan changed the investment choices offered to participants.
In addition, the Plan administrator has expressed its intention to merge the Plan with the DuPont Savings and Investment Plan at the end of 2008.

- 13 -


 

Supplemental Schedule

 


 

DuPont Retirement Savings Plan
Schedule of Assets (Held at End of Year) as of December 31, 2007
Form 5500, Schedule H, Part IV, Line I
Schedule I
                     
 
                (e)
    (b)   (c)       Current
(a)   Identity of Issue   Description of Investment   (d)   Value
 
  AIM Constellation Fund Instl   Registered Investment Company   **   $ 17,839  
 
  AIM Charter Fund Institutional CL   Registered Investment Company   **     53,702  
 
  Fidelity Equity Income Fund   Registered Investment Company   **     153,961  
 
  Fidelity Fund PV 1   Registered Investment Company   **     113,531  
 
  Fidelity Magellan Fund   Registered Investment Company   **     246,756  
 
  Franklin Balance Sheet Investment Fund Adv   Registered Investment Company   **     113,353  
 
  Franklin Growth Fund Adv Class   Registered Investment Company   **     54,600  
 
  Franklin Small Mid-Cap Growth Adv CL   Registered Investment Company   **     165,731  
 
  Janus Enterprise Fund   Registered Investment Company   **     138,311  
 
  Janus Research Fund   Registered Investment Company   **     218,023  
*
  Blackrock Global Growth Fund Class I   Registered Investment Company   **     258,771  
*
  Blackrock Intl Value Fund Class I   Registered Investment Company   **     315,801  
*
  Blackrock Balanced Capital Fund Class I   Registered Investment Company   **     33,188  
*
  Blackrock Basic Value Fund Class I   Registered Investment Company   **     93,054  
*
  Blackrock Fundamental Growth Fund Class I   Registered Investment Company   **     29,226  
 
  MFS Research Fund   Registered Investment Company   **     23,581  
 
  MFS Total Return Fund   Registered Investment Company   **     39,171  
 
  Templeton Growth Fund   Registered Investment Company   **     166,776  
 
  Templeton Institutional   Registered Investment Company   **     167,970  
 
  Barclays 3-Way Asset Allocation Fund   Common/Collective Trust   **     36,494  
*
  Merrill Lynch Small Capital Index CT Tier 2   Common/Collective Trust   **     60,484  
*
  Merrill Lynch Equity Index TR Tier 6   Common/Collective Trust   **     165,422  
*
  Merrill Lynch International Index CT Tier 2   Common/Collective Trust   **     163,658  
*
  DuPont Company Stock Fund   Company Stock Fund   **     264,458  
*
  Plan interest in the DuPont and Related Companies Defined Contribution Plan Master Trust (“Master Trust”)   Master Trust   **     3,692,300  
*
  Participant Loans   8.50% to 9.25%-Maturing from June 2008 to December 2012   **     137,632  
 
             
 
 
 
                   
 
  Total Assets Held At End of Year           $ 6,923,793  
 
             
 
 
 
*   Party in Interest
 
**   Cost not required for participant directed investments

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