x
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ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [FEE REQUIRED] |
For the fiscal year ended December 31,
2005
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o
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TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED] |
For the transition periond from _____ to
_____
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Page
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Report of Independent Registered Public Accounting Firm
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1
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Statements of Net Assets Available for Benefits as of
December 31, 2005 and 2004
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2
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Statement of Changes in net Assets Available for Benefits for
the
year ended December 31, 2005 and 2004
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3
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Notes to Financial Statements
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4
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Supplemental Schedule:
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Schedule H, Line 4i - Schedule of Assets (Held at End of Year)
as of
December 31, 2005
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9
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TRUSTMARK
401(k) PLAN
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|||||||
Statements
of Net Assets Available for Benefits
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|||||||
December
31, 2005 and 2004
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|||||||
2005
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2004
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||||||
Investments,
at fair value:
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|||||||
Money
market accounts
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$
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18,510,592
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$
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16,972,820
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|||
Fixed
income mutual funds
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5,646,051
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4,818,765
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|||||
Common
stock of Trustmark Corporation
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47,344,435
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56,205,226
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|||||
Equity
mutual funds
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61,573,347
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45,796,548
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|||||
Total
investments
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133,074,425
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123,793,359
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|||||
Receivables:
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|||||||
Employer
contributions
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204,431
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172,635
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|||||
Participant
contributions
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211,604
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196,834
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|||||
Rollover
contributions
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41,603
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—
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|||||
Total
receivables
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457,638
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369,469
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|||||
Net
assets available for benefits
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$
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133,532,063
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$
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124,162,828
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TRUSTMARK
401(k) PLAN
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|||||||
Statements
of Changes in Net Assets Available for Benefits
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|||||||
Years
ended December 31, 2005 and 2004
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|||||||
2005
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2004
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||||||
Contributions:
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|||||||
Employer
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$
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3,484,912
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$
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2,966,908
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|||
Participant
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6,386,364
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6,192,908
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|||||
Other
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437,301
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264,914
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|||||
Total
contributions
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10,308,577
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9,424,730
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|||||
Net
investment income:
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|||||||
Net
appreciation (depreciation) in fair value of investments
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(2,902,306
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)
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6,230,651
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||||
Interest
and dividends
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4,102,343
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4,748,325
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|||||
Net
investment income
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1,200,037
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10,978,976
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|||||
Benefits
paid to participants
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(7,765,634
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)
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(6,378,715
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)
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|||
Net
assets received from merged plans
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5,890,821
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—
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|||||
Administrative
fees
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(264,566
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)
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(125,545
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)
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|||
Net
increase in net assets available for benefits
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9,369,235
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13,899,446
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|||||
Net
assets available for benefits:
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|||||||
Beginning
of year
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124,162,828
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110,263,382
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|||||
End
of year
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$
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133,532,063
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$
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124,162,828
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(1) |
Plan
Description
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(a) |
General
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(b) |
Eligibility
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(c) |
Plan
Administration
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(d) |
Participant
Contributions
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Catch-up
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|||||||
Calendar
year
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Deferral
limit
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contribution
limit
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|||||
2004
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$
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13,000
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$
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3,000
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|||
2005
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14,000
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4,000
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|||||
2006
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15,000
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5,000
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|||||
Thereafter
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Indexed
in $500
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Indexed
in $500
|
|||||
|
increments
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increments
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(e) |
Employer
Contributions
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(f) |
Investment
Options
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(g) |
Vesting
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(h) |
Payment
of Benefits
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(i) |
Plan
Termination
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(2) |
Significant
Accounting Policies
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(a) |
Basis
of Presentation
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(b) |
Use
of Estimates
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(c) |
Valuation
of Investments
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(d) |
Net
Appreciation (Depreciation) in Fair Value of
Investments
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(e) |
Administrative
Fees
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(f) |
Risks
and Uncertainties
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(3) |
Investments
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December
31,
|
|||||||
2005
|
2004
|
||||||
Investments
at fair value as determined by quoted
|
|||||||
market
price:
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|||||||
Common
stock of Trustmark Corporation
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$
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47,344,435
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$
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56,205,226
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|||
Performance
Funds Trust Mutual Funds:
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|||||||
Large-Cap
Equity Fund
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9,934,188
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7,872,865
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|||||
Mid-Cap
Equity Fund
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11,503,796
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8,500,519
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|||||
Investments
at cost, which approximates fair value:
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|||||||
Federated
Capital Preservation Fund
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15,817,992
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14,296,460
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December
31,
|
|||||||
2005
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2004
|
||||||
Investments
at fair value as determined by quoted
|
|||||||
market
price:
|
|||||||
Common
stock of Trustmark Corporation
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$
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(7,770,850
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)
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$
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3,331,570
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||
Mutual
funds
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4,868,544
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2,899,081
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|||||
Net
appreciation (depreciation)
|
|||||||
in
fair value of investments
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$
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(2,902,306
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)
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$
|
6,230,651
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(4) |
Tax
Status
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(5) |
Related
Parties
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(6) |
Contingencies
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(7) |
Mergers
With Other Plans
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TRUSTMARK
401(k) PLAN
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Plan
Sponsor: Trustmark Corporation
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Plan
Sponsor: EIN 64-0471500
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Plan
Number: 002
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Schedule
H, Line 4i – Schedule of Assets (Held at End of Year)
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December
31, 2005
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Current
|
||||||||
Identity
of issuer
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Description
|
value
|
||||||
Money
market account:
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||||||||
Federated
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Capital
Preservation Fund
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$
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15,817,992
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|||||
Alliance
Bernstein
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Institutional
Money Market Fund
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1,358,315
|
||||||
Gartmore
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Money
Market Institutional Fund
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1,333,706
|
||||||
Gartmore
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Money
Market Security Fund
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579
|
||||||
Fixed
income mutual funds:
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|
|||||||
* |
Performance
Funds Trust
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Short
Term Government Income Fund
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1,784,929
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|||||
* |
Performance
Funds Trust
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Intermediate
Term Government Income Fund
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2,110,053
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|||||
Dreyfus
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GNMA
Fund
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445,982
|
||||||
PIMCO
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Total
Return Fund
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1,305,087
|
||||||
Common
stock fund:
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||||||||
* |
Trustmark
Corporation
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Common
Stock Fund
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47,344,435
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|||||
Equity
mutual funds:
|
||||||||
* |
Performance
Funds Trust
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Leader’s
Equity Fund
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1,258,987
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|||||
* |
Performance
Funds Trust
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Large-Cap
Equity Fund
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9,934,188
|
|||||
* |
Performance
Funds Trust
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Mid-Cap
Equity Fund
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11,503,796
|
|||||
AIM
|
Dynamics
Fund
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183,153
|
||||||
Dreyfus
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Mid-Cap
Value Fund
|
4,215,512
|
||||||
Franklin
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Balance
Sheet Investment Fund
|
3,923,351
|
||||||
Franklin
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Mutual
Discovery Fund
|
3,213,156
|
||||||
Gartmore
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Investor
Destinations Aggressive Services Fund
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1,277,161
|
||||||
Gartmore
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Investor
Destinations Conservative Services Fund
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275,370
|
||||||
Gartmore
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Investor
Destinations Moderate Services Fund
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824,560
|
||||||
Gartmore
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Investor
Destinations Moderately Aggressive Services Fund
|
1,584,088
|
||||||
Gartmore
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Investor
Destinations Moderately Conservative Services Fund
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312,205
|
||||||
Goldman
Sachs
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CORE
Small Cap Equity Fund
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4,127,049
|
||||||
Goldman
Sachs
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Growth
Opportunity Fund
|
164,294
|
||||||
JP
Morgan
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Mid-Cap
Value A Fund
|
1,206,107
|
||||||
Neuberger
|
High
Income Bond Fund
|
191,735
|
||||||
Neuberger
|
Neuberger
Berman Genesis Trust
|
5,284,564
|
||||||
Oppenheimer
|
Global
Fund
|
2,012,879
|
||||||
Van
Kampen
|
Equity
& Income Fund
|
5,653,857
|
||||||
Van
Kampen
|
Emerging
Growth Fund
|
1,099,657
|
||||||
T.
Rowe Price
|
Preferred
Growth Stock Fund
|
561,280
|
||||||
Templeton
|
Foreign
Fund
|
2,766,398
|
||||||
|
$
|
133,074,425
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