WCC - 2013 11-K

 


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 11-K
(Mark One)
þ
ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]

for the fiscal year ended December 29, 2013

o
TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]

for the transition period from                      to                     

COMMISSION FILE NUMBER 1-14989

A.Full title of the plan and address of the plan, if different from that of the issuer named below:

WESCO DISTRIBUTION, INC. RETIREMENT SAVINGS PLAN

B.     Name of issuer of the securities held pursuant to the plan and the address of its principal executive offices:

WESCO INTERNATIONAL, Inc.
225 West Station Square Drive
Suite 700
Pittsburgh, Pennsylvania 15219-1122



 




WESCO Distribution, Inc.
Retirement Savings Plan
Index

 
Page(s)
 
 
 
 
Financial Statements
 
 
 
 
 
 
 
 
 
Supplementary Schedule
 
 
 
 
 
     EX-23.1
 
     EX-23.2
 







Report of Independent Registered Public Accounting Firm



To the Participants and Administrator
WESCO Distribution, Inc. Retirement Savings Plan
Pittsburgh, Pennsylvania


    
We have audited the accompanying statement of net assets available for benefits of the WESCO Distribution, Inc. Retirement Savings Plan (the Plan) as of December 29, 2013, and the related statement of changes in net assets available for benefits for the year then ended. 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 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. The Plan is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audit included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Plan’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also 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, as well as evaluating the overall financial statement presentation. We believe that our audit provides 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 29, 2013, 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.

Our audit was conducted for the purpose of forming an opinion on the basic financial statements taken as a whole. The accompanying supplemental schedule of assets (held at end of year) as of December 29, 2013, 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 audit 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/ BDO USA, LLP
Pittsburgh, Pennsylvania
June 27, 2014


1



Report of Independent Registered Public Accounting Firm



To the Participants and Administrator
WESCO Distribution, Inc. Retirement Savings Plan
Pittsburgh, Pennsylvania



We have audited the accompanying statement of net assets available for benefits of the WESCO Distribution, Inc. Retirement Savings Plan (the Plan) as of December 29, 2012, and the related statement of changes in net assets available for benefits for the year then ended. 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 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. The Plan is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. Our audits included consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Plan’s internal control over financial reporting. Accordingly, we express no such opinion. An audit also 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, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion.

In our opinion, such financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan as of December 29, 2012, 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.

Our audit was performed for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplementary 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 supplementary schedule is the responsibility of the Plan’s management. The supplementary schedule has been subjected to the auditing procedures applied in the audit of the basic financial statements and, in our opinion, the information is fairly stated in all material respects in relation to the basic financial statements taken as a whole.




/s/ Alpern Rosenthal
Pittsburgh, Pennsylvania
June 27, 2013



2


WESCO Distribution, Inc.
Retirement Savings Plan
Statements of Net Assets Available for Benefits
December 29, 2013 and 2012

 
 
2013
 
2012
Investments at fair value (Notes 2, 4, and 5)
 
 
 
 
     Shares of registered investment companies
 
$
339,704,388

 
$
255,948,593

     Common collective trusts
 
33,676,957

 
26,680,798

     Stock funds and self-directed accounts
 
32,658,983

 
25,716,451

     Stable Value Fund
 
136,636,836

 
146,027,795

     RAFI Enhanced Large Company Fund
 
33,649,263

 
24,538,548

 
 
576,326,427

 
478,912,185

Receivables
 
 
 
 
      Employer discretionary contribution
 
480,985

 
16,589,240

      Promissory notes from participants (Note 6)
 
13,088,334

 
12,655,148

          Net assets available for benefits at fair value
 
589,895,746

 
508,156,573

 
 
 
 
 
Adjustment from fair value to contract value for interest in
 
 
 
 
     the Stable Value Fund relating to fully benefit-responsive
 
 
 
 
     contracts (Note 5)
 
(2,321,190
)
 
(10,736,845
)
          Net assets available for benefits
 
$
587,574,556

 
$
497,419,728





























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

3


WESCO Distribution, Inc.
Retirement Savings Plan
Statements of Changes in Net Assets Available for Benefits
Fiscal Years Ended December 29, 2013 and 2012

 
 
2013
 
2012
Additions
 
 
 
 
Employee contributions
 
$
26,831,959

 
$
26,404,830

Employee rollovers
 
1,956,847

 
1,446,515

Employer contributions (including discretionary contributions)
 
8,978,620

 
24,977,082

Net appreciation from shares of registered investment companies
 
64,205,010

 
26,607,083

Net appreciation from common collective trusts
 
3,968,373

 
2,499,649

Net appreciation from stock funds and self-directed accounts
 
8,055,051

 
3,709,733

Net appreciation from the Stable Value Fund
 
4,153,065

 
4,986,867

Net appreciation from the RAFI Enhanced Large Company Fund
 
9,406,513

 
3,047,179

Interest and dividend income
 
6,881,016

 
6,364,525

          Total additions
 
134,436,454

 
100,043,463

 
 
 
 
 
Deductions
 
 
 
 
Distributions to withdrawing participants
 
47,489,604

 
39,415,895

Administrative expenses
 
809,541

 
721,700

          Total deductions
 
48,299,145

 
40,137,595

          Net increase
 
86,137,309

 
59,905,868

 
 
 
 
 
Transfers in from Conney Safety and RS Electronics (Note 8)
 
4,017,519

 
5,326,044

 
 
 
 
 
Net assets available for benefits
 
 
 
 
Beginning of year
 
497,419,728

 
432,187,816

End of year
 
$
587,574,556

 
$
497,419,728

















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

4



WESCO Distribution, Inc.
Retirement Savings Plan
Notes to Financial Statements
December 29, 2013 and 2012



1.
Major Features of the Plan

Background

WESCO Distribution, Inc. Retirement Savings Plan (the “Plan”) was established as of February 28, 1994 (date of inception). At the date of inception, certain employees of the predecessor company became employees of WESCO Distribution, Inc. (the “Company”) and participants in the Plan. At the date of inception, all funds held by the prior plans of the predecessor company related to the employees of the Company were transferred to the Plan.

The Plan is a participant-directed defined contribution plan covering certain employees of the Company and former employees with a fund balance of at least $5,000 who elected to maintain their funds in the Plan. Former employees cannot make contributions to the Plan.
Participation for eligible employees requires an employee to be scheduled to work at least 1,000 hours per year and requires an employee to be paid through the Plan sponsor's payroll system.
Amendment to Plan Year

On August 23, 2013, the Plan’s administrative committee executed the sixth amendment to the Plan (the “Sixth Amendment”).  Pursuant to the terms of the Sixth Amendment, the plan year was changed, effective December 30, 2013, to the consecutive 12 month period beginning January 1 and ending on December 31 of each calendar year.  The Plan will report on the two-day period beginning on December 30, 2013 and ending on December 31, 2013 as a short plan year, with the December 31, 2014 financial statements.

Contributions

The Plan is subject to the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). Participants may elect to make tax deferred contributions ranging from 1% up to the lesser of 50% of their eligible compensation or $17,500 and $17,000 for the Plan's fiscal years ended December 29, 2013 and 2012, respectively. The $17,500 limit may be adjusted in future years by the Internal Revenue Service (“IRS”). The sum of the tax deferred contributions and the after-tax contributions cannot exceed 50% of the participant's eligible compensation. Subject to limitation, the Company will make matching contributions in an amount equal to 50% of a participant's total monthly contributions up to a maximum of 3% of their compensation. Also, the Company may, at the Board of Directors' discretion, make a discretionary contribution to the Plan provided certain predetermined profit levels are attained. Discretionary contributions of approximately $481,000 and $16,589,000 were made for the Plan's fiscal years ended December 29, 2013 and 2012, respectively.
The Plan includes a negative enrollment policy. Under this policy, if an individual does not submit an automatic enrollment waiver or elect a deferral rate, the employee will be automatically enrolled in the Plan at a 3% deferral rate. The deferral rate is increased by 1% each September 1 until the deferral rate equals 6%.
Participants who have attained age 50 before the close of the plan year are eligible to make catch-up contributions in addition to pre-tax contributions. A catch-up contribution is a pre-tax contribution that exceeds the annual deferral limit. A participant's total catch-up contribution cannot exceed $5,500 in 2013 and 2012. The catch up contribution limits are determined by the IRS and then indexed for inflation. In addition to cash, in-kind contributions are permitted which may consist of stocks, bonds, property or other securities.

5



WESCO Distribution, Inc.
Retirement Savings Plan
Notes to Financial Statements
December 29, 2013 and 2012



Vesting

Participants are fully vested in the value of their contributions and related investment income at all times and vest in their allocated share of employer matching and discretionary contributions according to the following table:

Less than two years of service
0
%
Two years of service
20
%
Three years of service
40
%
Four years of service
66
%
Five or more years of service
100
%
In conjunction with a leveraged recapitalization of the Company, all active employees as of June 5, 1998 became fully vested.
Distributions

A participant may not withdraw any amount from their vested account balance unless they are age 59½, retire, become deceased or disabled, terminate employment, or experience financial hardship.
A participant who qualifies for a hardship withdrawal is suspended from making contributions to the Plan for six months. Under present IRS rules, a “hardship” means an immediate and heavy need to draw on financial resources to meet obligations related to health, education, housing, or death of a family member.
A participant, upon termination of service, may either receive a lump-sum payment of their vested account balance or transfer their balance to the trustee or custodian of another eligible retirement plan.
Forfeitures

Employer contributions forfeited by participants not vested at their termination date are used to reinstate previously forfeited account balances of former participants who have returned to the Company, reduce employer contributions in accordance with the Plan's provisions or pay Plan expenses. Total forfeitures that reduced employer contributions in both 2013 and 2012 were approximately $1,664,000 and $1,184,000, respectively. As of December 29, 2013, a balance of approximately $68,000 was available to reduce employer contributions in 2014.
Participant Accounts

An account is maintained for each participant, which is credited with the participant's and the employer's matching contributions and an allocation of employer's discretionary contributions, and plan earnings and charged with benefit payments and an allocation of plan losses and administrative expenses. Allocations are based on participant contributions or account balances, as defined by the Plan. The benefit to which a participant is entitled is the benefit that can be provided from the participant's vested account balance.
Promissory Notes from Participants
Participants are permitted to borrow against a portion of their vested account balance, pursuant to nondiscriminatory rules established by the Administrative Committee, up to a maximum of $50,000 or 50% of their vested account balance. Each loan is to be repaid over a period not to exceed five years.

6



WESCO Distribution, Inc.
Retirement Savings Plan
Notes to Financial Statements
December 29, 2013 and 2012



Plan Termination

Although the Company has not expressed any intent to do so, it 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 the Plan terminates, participants will become 100% vested in their accounts, and all vested assets shall be distributed to the participants in accordance with the terms of the Plan, or in such other manner, not inconsistent with the requirements of any applicable law or regulation, as the Company may in its sole discretion determine.
2.
Summary of Significant Accounting Policies

Accounting Principles

The financial statements of the Plan have been prepared in accordance with accounting principles generally accepted in the United States of America. The following are the significant accounting policies followed by the Plan:
Basis of Accounting

The accounting records of the Plan are maintained on 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 significant estimates and assumptions. These estimates may affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the financial statements and the reported. Actual results could differ from those estimates.
Investment Valuation and Income Recognition

The Plan has adopted a framework for measuring fair value under current accounting pronouncements that requires fair value measurements and enhanced disclosures about fair value measurements. This framework defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction. Disclosures include a fair value hierarchy which requires an entity to maximize the use of observable inputs when measuring fair value.
The three levels of inputs that may be used to measure fair value are as follows:
Level 1 - Observable inputs such as quoted prices in active markets for identical investments that the Plan has the ability to access.

Level 2 - Inputs include:

1.
Quoted prices for similar assets or liabilities in active markets;

2.
Quoted prices for identical or similar assets or liabilities in inactive markets;

3.
Inputs, other than quoted prices in active markets, that are observable either directly or indirectly;

4.
Inputs that are derived principally from, or corroborated by, observable market data by correlation or other means.

Level 3 - Unobservable inputs in which there is little or no market activity for the asset or liability, which require the reporting entity to develop its own estimates and assumptions relating to the pricing of the asset or liability, including assumptions regarding risk.


7



WESCO Distribution, Inc.
Retirement Savings Plan
Notes to Financial Statements
December 29, 2013 and 2012



The asset's or liability's fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement.
Following is a description of the valuation methodologies used for assets measured at fair value. There have been no changes in the methodologies used as of December 29, 2013 and 2012.
Common stocks, corporate bonds and U.S. government securities are valued at the closing price reported on the active market on which the individual securities are traded. Common stocks include the WESCO International Pooled Stock Fund, which is an employer stock unitized fund. The fund consists of WESCO International, Inc. common stock and a short-term cash component, which provides liquidity for daily trading. WESCO International, Inc. common stock is valued at the quoted closing market price from a national securities exchange and the short term cash investments are valued at cost, which approximates fair value.   

Registered investment companies are valued at the net asset value of shares held by the Plan as of December 29.

Common collective trusts are valued at net asset value based on the value of the underlying assets owned by the fund, minus its liabilities, and then divided by the number of shares outstanding. Equities listed on an exchange are valued at the latest quoted sales price of the exchange on which the security is primarily traded. Securities that are not traded on the valuation date or securities that are not listed on an exchange are valued at the latest bid price provided by the trust's pricing service.  The funds in this category are designed to provide investment portfolios that adjust over time to meet the changing risk and return objectives of investors based on retirement date. The funds are diversified across several asset classes, including, but not limited, to large cap equities, small cap equities, international equities, fixed income and stable value. There are no restrictions on participant redemptions and there are no unfunded commitments for investments in common collective trusts. Plan Sponsor sales may be subject to gate keeping restrictions.

The Stable Value Fund (Note 5) is valued based on the underlying securities which include corporate bonds, commercial mortgage-backed securities and government securities.

The RAFI Enhanced Large Company Fund is valued at net asset value based on the value of the underlying securities which primarily include common stocks.  The fund seeks to provide growth through exposure to a broad class of securities.  There are no unfunded commitments or restrictions on participant redemptions.

The methods described above may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values.  Furthermore, while the Plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement as of the reporting date.  
Investment contracts held by a defined-contribution plan are required to be reported at fair value. However, contract value is the relevant measurement for that portion of the net assets available for benefits of a defined-contribution plan attributable to fully benefit-responsive investment contracts, because contract value is the amount participants would receive if they were to initiate permitted transactions under the terms of the plan. As required by accounting principles generally accepted in the United States, the statements of net assets available for benefits present the fair value of the investment contracts as well as the adjustment of the fully benefit-responsive investment contracts from fair value to contract value. The statements of changes in net assets available for benefits are prepared on a contract value basis.
Purchases and sales of securities are recorded on a trade date basis. Dividends are recorded on the ex-dividend date. Interest income is recorded on an accrual basis.

8



WESCO Distribution, Inc.
Retirement Savings Plan
Notes to Financial Statements
December 29, 2013 and 2012



Net Appreciation in Value of Investments

The Plan presents in the statements of changes in net assets available for benefits the net appreciation (depreciation) in the fair value of its investments, consisting of realized gains (losses) and unrealized gains (losses) in the registered investment companies, common collective trusts, Stable Value Fund, RAFI Enhanced Large Company Fund, WESCO International stock and other common stocks.
Risks and Uncertainties

The Plan provides for various investment options in any combination of stocks, bonds, fixed income securities and other investment securities. Investment securities are exposed to various risks, such as interest rate, market and credit risk. Due to the level of risk associated with certain investment securities and the level of uncertainty related to changes in the value of investment securities, it is at least reasonably possible that changes in the near-term could materially affect (i) participants' account balances, and (ii) the amounts reported in the (a) statements of net assets available for benefits and the (b) statements of changes in net assets available for benefits.
Payment of Benefits

Benefits are recorded when paid.
Other

All administrative expenses were paid by the Plan during 2013 and 2012.
3.
Tax Status

The IRS has determined and informed the Company by a letter dated November 15, 2012, that the Plan is designed in accordance with Section 401(a) of the Internal Revenue Code (“IRC”) and, therefore, is exempt from federal taxes under provisions of Section 501(a). Accordingly, no provision for income taxes has been included in the Plan's financial statements. The Plan has been amended since receiving its determination letter. However, the Plan administrator and the Plan's tax counsel believe the Plan is designed and is currently being operated in compliance with the applicable requirements of the IRC.
Accounting principles generally accepted in the United States of America require plan management to evaluate tax positions taken by the plan and recognize a tax liability (or asset) if the plan has taken an uncertain position that more likely than not would not be sustained upon examination by a taxing authority.  The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The plan administrator believes it is no longer subject to income tax examinations for years prior to 2011.



9



WESCO Distribution, Inc.
Retirement Savings Plan
Notes to Financial Statements
December 29, 2013 and 2012



4.
Investments

The  following  tables  sets forth the  fair  value  of  the  Plan's  assets by level, as described in Note 2, as of December 29, 2013 and 2012:
 
December 29, 2013
 
 
Level 1
 
Level 2
 
Total
Shares of registered investment companies
 
 
 
 
 
 
   Small growth
 
$
10,258,765

 
$

 
$
10,258,765

   Small value
 
6,939,813

 

 
6,939,813

   Large growth
 
55,953,664

 

 
55,953,664

   Large value
 
24,241,681

 

 
24,241,681

   Moderate allocation
 
92,669,593

 

 
92,669,593

   Mid-cap value
 
30,270,190

 

 
30,270,190

   Mid-cap growth
 
56,418,478

 

 
56,418,478

   Foreign large blend
 
30,916,375

 

 
30,916,375

   Intermediate-term bond
 
26,237,714

 

 
26,237,714

   World bond
 
5,243,037

 

 
5,243,037

   Real estate
 
555,078

 

 
555,078

Total shares of registered investment companies
 
339,704,388

 

 
339,704,388

 
 
 
 
 
 
 
Common collective trusts
 
 
 
 
 


   Conservative allocation
 

 
2,917,650

 
2,917,650

   Moderate allocation
 

 
17,348,096

 
17,348,096

   Large blend
 

 
13,411,211

 
13,411,211

Total common collective trusts
 

 
33,676,957

 
33,676,957

 
 
 
 
 
 
 
Stock funds and self-directed accounts
 
 
 
 
 
 
  WESCO International Pooled Stock Fund
 
23,977,777

 

 
23,977,777

 
 
 
 
 
 
 
  Self-directed accounts
 
 
 
 
 
 
    Cash and cash equivalents
 
1,298,122

 

 
1,298,122

    Common stock
 
 
 
 
 

         Transportation
 
92,223

 

 
92,223

         Food, beverages & tobacco
 
280,631

 

 
280,631

         Building materials
 
93,909

 

 
93,909

         Chemicals
 
40,295

 

 
40,295

         Communications & media
 
276,974

 

 
276,974

         Electronics & equipment
 
954,306

 

 
954,306

         Energy
 
425,926

 

 
425,926



10



WESCO Distribution, Inc.
Retirement Savings Plan
Notes to Financial Statements
December 29, 2013 and 2012



 
December 29, 2013 (continued)
 
 
Level 1
 
Level 2
 
Total
         Financial
 
258,194

 

 
258,194

         Health care services
 
374,212

 

 
374,212

         Industrial
 
228,507

 

 
228,507

         Leisure & entertainment
 
433,365

 

 
433,365

         Metals
 
250,916

 

 
250,916

         Miscellaneous
 
88,911

 

 
88,911

         Multi-industry
 
79,772

 

 
79,772

         Retail
 
350,814

 

 
350,814

         Utilities
 
568,767

 

 
568,767

       Mutual funds
 
 
 
 
 
 
         Fixed
 
245,328

 

 
245,328

         Balanced
 
391,423

 

 
391,423

         Equity
 
1,914,149

 

 
1,914,149

         International
 
34,462

 

 
34,462

Total stock funds and self-directed accounts
 
32,658,983

 

 
32,658,983

 
 
 
 
 
 
 
Stable Value Fund (Prudential)
 

 
136,636,836

 
136,636,836

 
 
 
 
 
 
 
RAFI Enhanced Large Company Fund
 
 
 
 
 
 
    Cash and cash equivalents
 

 
436,227

 
436,227

    Common stock
 
 
 
 
 
 
         Consumer discretionary
 

 
4,326,218

 
4,326,218

         Consumer staples
 

 
3,295,551

 
3,295,551

         Distribution services
 

 
1,030,031

 
1,030,031

         Energy
 

 
3,964,206

 
3,964,206

         Financials
 

 
6,572,398

 
6,572,398

         Health care services
 

 
3,626,725

 
3,626,725

         Industrials
 

 
2,903,779

 
2,903,779

         Information technology
 

 
4,665,832

 
4,665,832

         Materials
 

 
889,546

 
889,546

         Telecommunication services
 

 
774,295

 
774,295

         Utilities
 

 
1,164,455

 
1,164,455

Total RAFI Enhanced Large Company Fund
 

 
33,649,263

 
33,649,263

 
 
 
 
 
 


 
 
$
372,363,370

 
$
203,963,057

 
$
576,326,427







11



WESCO Distribution, Inc.
Retirement Savings Plan
Notes to Financial Statements
December 29, 2013 and 2012



 
December 29, 2012
 
 
Level 1
 
Level 2
 
Total
Shares of registered investment companies
 
 
 
 
 
 
   Small growth
 
$
5,313,779

 
$

 
$
5,313,779

   Small value
 
2,996,244

 

 
2,996,244

   Large growth
 
39,507,432

 

 
39,507,432

   Large value
 
17,145,276

 

 
17,145,276

   Moderate allocation
 
67,974,104

 

 
67,974,104

   Mid-cap value
 
20,706,056

 

 
20,706,056

   Mid-cap growth
 
42,611,385

 

 
42,611,385

   Foreign large blend
 
26,211,615

 

 
26,211,615

   Intermediate-term bond
 
28,312,105

 

 
28,312,105

   World bond
 
5,170,597

 

 
5,170,597

Total shares of registered investment companies
 
255,948,593

 

 
255,948,593

 
 
 
 
 
 
 
Common collective trusts
 
 
 
 
 
 
   Conservative allocation
 

 
5,348,021

 
5,348,021

   Moderate allocation
 

 
12,905,154

 
12,905,154

   Large blend
 

 
8,427,623

 
8,427,623

Total common collective trusts
 

 
26,680,798

 
26,680,798

 
 
 
 
 
 
 
Stock funds and self-directed accounts
 
 
 
 
 
 
  WESCO International Pooled Stock Fund
 
18,242,229

 

 
18,242,229

 
 
 
 
 
 
 
  Self-directed accounts
 
 
 
 
 
 
    Cash and cash equivalents
 
1,231,640

 

 
1,231,640

    Common stock
 
 
 
 
 
 
         Transportation
 
74,940

 

 
74,940

         Food, beverages & tobacco
 
333,494

 

 
333,494

         Building materials
 
70,089

 

 
70,089

         Chemicals
 
35,097

 

 
35,097

         Communications & media
 
267,537

 

 
267,537

         Electronics & equipment
 
511,576

 

 
511,576

         Energy
 
444,173

 

 
444,173

         Financial
 
615,395

 

 
615,395

         Health care services
 
229,692

 

 
229,692

         Industrial
 
125,790

 

 
125,790

         Leisure & entertainment
 
206,380

 

 
206,380

         Metals
 
194,543

 

 
194,543

         Miscellaneous
 
98,605

 

 
98,605

         Multi-industry
 
144,769

 

 
144,769

         Retail
 
164,333

 

 
164,333

         Utilities
 
407,079

 

 
407,079



12



WESCO Distribution, Inc.
Retirement Savings Plan
Notes to Financial Statements
December 29, 2013 and 2012



 
December 29, 2012 (continued)
 
 
Level 1
 
Level 2
 
Total
       Mutual funds
 
 
 
 
 
 
         Fixed
 
460,397

 

 
460,397

         Balanced
 
283,131

 

 
283,131

         Equity
 
1,080,120

 

 
1,080,120

         International
 
495,442

 

 
495,442

Total stock funds and self-directed accounts
 
25,716,451

 

 
25,716,451

 
 
 
 
 
 
 
Stable Value Fund
 

 
146,027,795

 
146,027,795

 
 
 
 
 
 

RAFI Enhanced Large Company Fund
 
 
 
 
 

    Cash and cash equivalents
 

 
196,552

 
196,552

    Common stock
 
 
 
 
 


         Consumer discretionary
 

 
2,712,129

 
2,712,129

         Consumer staples
 

 
2,197,265

 
2,197,265

         Distribution services
 

 
338,896

 
338,896

         Energy
 

 
2,279,133

 
2,279,133

         Financials
 

 
5,051,539

 
5,051,539

         Health care services
 

 
2,133,452

 
2,133,452

         Industrials
 

 
2,841,503

 
2,841,503

         Information technology
 

 
3,621,612

 
3,621,612

         Materials
 

 
866,517

 
866,517

         Telecommunication services
 

 
779,760

 
779,760

         Utilities
 

 
1,520,190

 
1,520,190

Total RAFI Enhanced Large Company Fund
 

 
24,538,548

 
24,538,548

 
 
 
 
 
 
 
 
 
$
281,665,044

 
$
197,247,141

 
$
478,912,185


Investments (at fair value) representing 5% or more of the net assets available for benefits as of December 29, 2013 and 2012 were as follows:
 
 
2013
 
2012
AMCAP Fund (Class R-5)
 
$
55,953,664

 
$
39,507,432

American Balanced Fund (Class R-5)
 
92,669,593

 
67,974,104

Columbia Acorn Fund (Class Z)
 
56,418,478

 
42,611,385

Loomis Sayles Investment Grade Bond Fund (Class Y)
 
*
 
28,312,105

JP Morgan Mid Cap Value Fund
 
30,270,190

 
*
Thornburg International Value Fund
 
30,916,375

 
26,211,615

Stable Value Fund
 
136,636,836

 
146,027,795

* Fund balance did not represent 5% or more of the net assets available for benefits.

5.
The Stable Value Fund

During 2007, the Plan began investing in a fully benefit-responsive synthetic guaranteed interest contract (“GIC”) with an insurance company as part of offering the Stable Value Fund (the “Fund”) investment option to participants. Contributions to this Fund are used to purchase units of a collective trust vehicle which is invested in high-quality U.S. bonds, including U.S. government treasuries, corporate debt securities, and other high-credit-quality asset-backed securities. The GIC issuer is contractually obligated to repay the principal and a specified interest rate that is guaranteed to the Plan. There are no reserves against contract value for credit risk of the contract issuer or otherwise.

13



WESCO Distribution, Inc.
Retirement Savings Plan
Notes to Financial Statements
December 29, 2013 and 2012



The Fund has entered into a wrap contract with an insurance company under which the insurance company provides a guarantee with respect to the availability of funds to make distributions from this investment option. This insurance contract is carried at contract value in the participants' accounts.
Participant accounts in the Fund are credited with interest at a fixed rate that is reset quarterly based on an agreed-upon formula as defined in the contract. The primary variables which could impact the future interest rates that are credited to the participant's accounts (“credited rates”) include (i) the amount and timing of participant contributions, (ii) transfers and withdrawals into/out of the contract, (iii) the current yield of the assets underlying the contract, (iv) the duration of the assets underlying the contract, and (v) the existing difference between fair value of the securities and the contract value of the assets within the insurance contract. The credited rate of security-backed contracts will track current market yields on a trailing basis. The rate reset feature allows the contract value to converge with the fair value of the underlying portfolio over time, assuming the portfolio continues to earn the current yield for a period of time equal to the current portfolio duration.
To the extent that the underlying portfolio has unrealized and/or realized losses, a positive adjustment is made when reconciling from fair value to contract value under contract value accounting. As a result, the future credited rate may be lower over time than the current market rates. Similarly, if the underlying portfolio generates unrealized and/or realized gains, a negative adjustment is made when reconciling from fair value to contract value, and in the future, the credited rate may be higher than the current market rates. The insurance contract cannot credit an interest rate that is less than zero percent.
Certain events limit the ability of the Plan to transact at contract value with the insurance company. Such events are limited to premature termination of the contract by the Plan or plan termination. The plan sponsor has not expressed any intention to take either of these actions.
As described in Note 2, because the synthetic GIC is fully benefit-responsive, contract value is the relevant measurement attribute for that portion of the net assets available for benefits attributable to the synthetic GICs. Participants may ordinarily direct the withdrawal or transfer of all or a portion of their investment at contract value.

The average yields earned by the Fund as of December 29, 2013 and 2012 are as follows:
Average yield for synthetic GICs
 
2013
 
2012
Based on actual earnings
 
2.05%
 
1.52%
Based on interest rate credited to participants
 
2.35%
 
3.36%

6.
Promissory Notes From Participants
                                                                                                                                                                                
The interest rate applied to participant loans is established each month by the Administrative Committee at 1% above the PNC Bank prime interest rate. The interest rate on loans outstanding ranged between 4.25% and 10.5% for the fiscal years ended December 29, 2013 and 2012. Principal and interest payments are generally made through monthly payroll deductions and are credited to the participant's individual account. Loans of approximately $7,320,000 and $6,843,000 were made from the Plan and loan principal repayments of approximately $6,932,000 and $5,907,000 were received by the Plan for the fiscal years ended December 29, 2013 and 2012, respectively. Interest on the promissory notes of approximately $548,000 and $539,000 was earned by the Plan for the fiscal years ended December 29, 2013 and 2012, respectively.
7.
Party-In-Interest

Participants of the Plan may elect to invest in WESCO International, Inc. common stock within the WESCO Pooled Stock Fund. WESCO International, Inc. owns 100% of the Company. Therefore, these transactions qualify as party-in-interest transactions. Purchases and sales proceeds within the WESCO Pooled Stock Fund for 2013 were $4,112,000 and $4,963,000, respectively, and purchases and sales proceeds for 2012 were $4,328,000 and $6,812,000, respectively.


14



WESCO Distribution, Inc.
Retirement Savings Plan
Notes to Financial Statements
December 29, 2013 and 2012



8.
Plan Transfers

As a result of the acquisition of the business of Conney Safety Products, LLC on July 9, 2012, participant balances of $4,018,000 were transferred into the Plan in 2013.

Due to the acquisition of RS Electronics on January 3, 2012, participant balances of $5,326,000 were transferred into the Plan in 2012.












































15


WESCO Distribution, Inc.
 
 
 
 
Retirement Savings Plan
 
 
 
 
Schedule of Assets (Held at End of Year)
 
 
 
 
EIN 25-1723345, Plan Number 001
 
 
 
 
December 29, 2013
 
 
 
 

(a)
(b)
(c)
(d)
 
 
Description of Investment
 
 
Identity of Issue,
Including Maturity Date,
 
 
Borrower, Lessor or
Rate of Interest, Collateral,
Current
 
Similar Party
Par, or Maturity Value
Value
 
AMCAP FUND
AMCAP Fund (Class R-5)
$
55,953,664

 
AMERICAN FUNDS
American Balanced Fund (Class R-5)
92,669,593

 
BARON FUNDS
Baron Small Cap Fund
10,258,765

 
COLUMBIA MUTUAL FUNDS
Columbia Acorn Fund (Class Z)
56,418,478

 
DIAMOND HILL FAMILY OF FUNDS
Diamond Hill Small Cap Fund
6,939,813

 
LOOMIS SAYLES
Loomis Sayles Invest Grade Bond
26,237,714

 
JP MORGAN
JP Morgan Mid Cap Value Fund
30,270,190

 
MFS FAMILY OF FUNDS
MFS Value Fund (Class R-4)
24,241,681

 
FRANKLIN TEMPLETON FUNDS
Templeton Global Bond Fund
5,243,037

 
THORNBURG INTERNATIONAL
Thornburg International Value Fund
30,916,375

 
NEUBERGER BERMAN
Neuberger Berman F-I #1393
555,078

 
    Registered Investment Companies Total
 
339,704,388

 
 
 
 
 
MANNING & NAPIER TARGET FUNDS
Manning & Napier Target 2055
160,381

 
MANNING & NAPIER TARGET FUNDS
Manning & Napier Target 2050
459,004

 
MANNING & NAPIER TARGET FUNDS
Manning & Napier Target 2045
885,214

 
MANNING & NAPIER TARGET FUNDS
Manning & Napier Target 2040
1,973,824

 
MANNING & NAPIER TARGET FUNDS
Manning & Napier Target 2015
2,442,508

 
MANNING & NAPIER TARGET FUNDS
Manning & Napier Target Inc.
2,917,650

 
MANNING & NAPIER TARGET FUNDS
Manning & Napier Target 2035
5,339,280

 
MANNING & NAPIER TARGET FUNDS
Manning & Napier Target 2030
4,593,508

 
MANNING & NAPIER TARGET FUNDS
Manning & Napier Target 2025
7,167,770

 
MANNING & NAPIER TARGET FUNDS
Manning & Napier Target 2020
7,737,818

 
 Common Collective Trusts Total
 
33,676,957

 
 
 
 
*
WESCO INTERNATIONAL INC
WESCO International Pooled Stock Fund
23,977,777

 
3D SYSTEMS CORPORATION
Common Stock
231,498

 
3M CO
Common Stock
9,197

 
ABBVIE INC
Common Stock
3,679

 
ABERDEEN ASIA-PACIFIC INCOME FD INC
Pacific Income
8,730

 
ADVANCED ENERGY INDS INC
Common Stock
2,890

 
AETNA INC-NEW
Common Stock
6,836

 
AGL RES INC COM
Common Stock
47,230

 
AGRIUM INC COM
Common Stock
4,559

 
ALCATEL-LUCENT-SPONSORED ADR
Common Stock
13,822

 
ALCOA INC
Common Stock
11,474

 
AMAZON COM INC COM
Common Stock
17,516

 
AMER CENT STRAT ALLO - MODER INV #45
Mutual Funds - Balanced
60,650

 
AMERICA MOVIL S.A.B. DE CV SER L ADR
Common Stock
4,678

 
AMERICAN ELECTRIC POWER INC
Common Stock
46,500

 
AMERICAN INTERNATIONAL GROUP, INC
Common Stock
15,354

 
AMERICAN TOWER CORP
Common Stock
11,823

 
AMEX TECHNOLOGY SELECT YIEL WEI
Closed End Mutual Funds
4,966

 
AMGEN INC
Common Stock
11,512

 
AMTECH SYS INC
Common Stock
7,764

 
ANADARKO PETROLEUM CORP
Common Stock
31,760

 
AOL INC
Common Stock
2,711

 
APPLE INC
Common Stock
261,562

 
ARCHER DANIELS MIDLAND CO
Common Stock
4,745

 
ARTISAN INTERNATIONAL FUND #661
Mutual Funds - Equity
8,345

 
AT&T INC
Common Stock
7,036

 
AUTOMATIC DATA PROCESSING INC
Common Stock
5,166


16


WESCO Distribution, Inc.
 
 
 
 
Retirement Savings Plan
 
 
 
 
Schedule of Assets (Held at End of Year)
 
 
 
 
EIN 25-1723345, Plan Number 001
 
 
 
 
December 29, 2013
 
 
 
 

(a)
(b)
(c)
(d)
 
 
Description of Investment
 
 
Identity of Issue,
Including Maturity Date,
 
 
Borrower, Lessor or
Rate of Interest, Collateral,
Current
 
Similar Party
Par, or Maturity Value
Value
 
AVON PRODS INC
Common Stock
34,640

 
BAIDU INC ADR
Common Stock
206,092

 
BANK OF AMERICA CORP
Common Stock
4,388

 
BAXTER INTL INC
Common Stock
7,326

 
BERKSHIRE HATHAWAY INC.
Common Stock
45,902

 
BHP BILLITON LIMITED - ADR
Common Stock
6,741

 
BIOTIME INC
Common Stock
99

 
BLACKROCK CORPOR HI YLD FD VCOM
Closed End Funds - Taxable
30,525

 
BOEING CO
Common Stock
13,690

 
BP PLC - ADR
Common Stock
26,169

 
BP PRUDHOE BAY RTY TR UNIT BEN INT
Common Stock
3,152

 
BROOKFIELD INFRASTRUCTURE PRTNERS LP
Common Stock
34,017

 
BUCKLE INC COM
Common Stock
2,095

 
BUFFALO WILD WINGS INC
Common Stock
5,843

 
CALUMET SPECIALTY PRODS PARTNERS L P
Common Stock
7,968

 
CANADIAN NATL RR CO COM
Common Stock
19,828

 
CARDIUM THERAPEUTICS INC
Common Stock
369

 
CATERPILLAR INC
Common Stock
17,058

 
CBS CORP NEW
Common Stock
124,616

 
CELGENE CORP COM
Common Stock
50,679

 
CELL THERAPEUTICS INC
Common Stock
187

 
CEMEX S.A.B DE C.C. ADR
Common Stock
14,277

 
CENTRAL GOLDTRUST
Common Stock
12,861

 
CENTURYLINK, INC
Common Stock
9,603

 
CHENIERE ENERGY PARTNERS LP
Common Stock
24,757

 
CHESAPEAKE ENERGY CORP COM
Common Stock
27,490

 
CHEVRON CORP
Common Stock
56,967

 
CHIPOTLE MEXICAN GRILL INC
Common Stock
7,431

 
CIMATRON LTD
Common Stock
4,320

 
CINEMARK HOLDINGS INC
Common Stock
3,289

 
CITIGROUP INC.
Common Stock
7,055

 
COACH INC
Common Stock
5,289

 
COCA COLA CO
Common Stock
39,847

 
COHEN & STEERS DOW30
Closed End Mutual Funds
20

 
COMCAST CORP-SPECIAL CL A
Common Stock
9,928

 
COMPASS MINERALS INTL INC
Common Stock
20,343

 
COSTCO WHOLESALE CORP
Common Stock
47,294

 
CTS CORP
Common Stock
1,900

 
CUBIST PHARMACEUTICALS INC
Common Stock
13,472

 
CVR PARTNERS LP
Common Stock
8,065

 
CYNOSURE INC
Common Stock
14,796

 
DEERE & CO
Common Stock
9,765

 
DELSITE INC
Common Stock
1

 
DEVON ENERGY CORPORATION
Common Stock
18,507

 
DEX MEDIA INC
Common Stock
150

 
DIAGEO PLC - ADR
Common Stock
43,412

 
DISCOVERY COMMUNICATIONS-C
Common Stock
4,117

 
DISCOVERY LABORATORIES INC
Common Stock
446

 
DODGE & COX INCOME FD COM #147
Mutual Funds - Corporate Bonds
77,646

 
DODGE & COX STOCK FUND #145
Mutual Funds - Equity
10,515

 
DORCHESTER MINERALS L P
Common Stock
2,564


17


WESCO Distribution, Inc.
 
 
 
 
Retirement Savings Plan
 
 
 
 
Schedule of Assets (Held at End of Year)
 
 
 
 
EIN 25-1723345, Plan Number 001
 
 
 
 
December 29, 2013
 
 
 
 

(a)
(b)
(c)
(d)
 
 
Description of Investment
 
 
Identity of Issue,
Including Maturity Date,
 
 
Borrower, Lessor or
Rate of Interest, Collateral,
Current
 
Similar Party
Par, or Maturity Value
Value
 
DOW CHEMICAL CO
Common Stock
29,311

 
DU PONT E I DE NEMOURS & CO
Common Stock
6,425

 
DULUTH METALS LTD
Common Stock
3,095

 
DYNAMIC MATLS CORP COM
Common Stock
1,992

 
E*TRADE GROUP
Common Stock
9,725

 
EATON CORP PLC
Common Stock
88,263

 
ENBRIDGE ENERGY PARTNERS L P
Common Stock
2,270

 
ENERPLUS CORPORATION
Common Stock
11,344

 
ENTERGY CORP NEW COM
Common Stock
15,708

 
EOG RESOURCES, INC
Common Stock
16,916

 
ETFS GOLD TRUST INC
Closed End Mutual Funds
16,916

 
ETFS SILVER TRUST TRUST REIT ETF
Closed End Mutual Funds
6,742

 
EXELON CORPORATION
Common Stock
111,858

 
EXIDE TECHNOLOGIES
Common Stock
795

 
EXONE CO/THE
Common Stock
9,450

 
EXTERRAN PARTNERS LP
Common Stock
3,056

 
EXXON MOBIL CORPORATION
Common Stock
45,437

 
FACEBOOK INC
Common Stock
130,173

 
FIBERTOWER CORPORATION
Common Stock
25

 
FIDELITY ADV STRAT INC-I#648
Mutual Funds - Corporate Bonds
37,519

 
FIDELITY FLOAT RATE HI INC FD #814
Mutual Funds - Corporate Bonds
298,830

 
FIDELITY REAL ESTATE INCOME FD#833
Mutual Funds - Balanced
65,011

 
FIDELITY STRAT INCOME FD #368
Mutual Funds - Corporate Bonds
103,703

 
FIRST HORIZON NATL CORP
Common Stock
3,883

 
FIRST MAJESTIC SILVER CORP
Common Stock
3,864

 
FIRST NIAGARA FINL GROUP INC NEW
Common Stock
3,795

 
FORD MOTOR COMPANY
Common Stock
30,983

 
FOREST LABS INC
Common Stock
17,880

 
FRANCESCA S HOLDINGS CORP
Common Stock
3,662

 
FREEPORT-MCMORAN COPPER & GOLD INC
Common Stock
58,728

 
FUEL TECH INC DELAWARE
Common Stock
3,825

 
GABELLI ASSET FD SH BEN INT #405
Mutual Funds - Equity
78,825

 
GABELLI UTILITIES FD-CL AAA #470
Mutual Funds - Equity
59,869

 
GENERAL ELECTRIC CO
Common Stock
48,564

 
GLAXOSMITHKLINE PLC - ADR
Common Stock
3,180

 
GOLDCORP INC NEW
Common Stock
2,159

 
GOOGLE INC
Common Stock
19,013

 
GUGGENHEIM S&P 500
Closed End Mutual Funds
9,635

 
HARBOR FD BOND FD #2014
Mutual Funds - Corporate Bonds
13,923

 
HAWAIIAN ELEC INDS INC
Common Stock
44,894

 
HEADWATERS INC
Common Stock
3,964

 
HEWLETT PACKARD CO
Common Stock
5,638

 
ICON HEALTHCARE FUND #3364
Mutual Funds - Equity
84,248

 
IMPALA PLATINUM HOLDINGS LTD - ADR
Common Stock
1,145

 
INOVIO BIOMEDICAL CORP
Common Stock
4,245

 
INTEL CORP
Common Stock
9,472

 
INTERNATIONAL BUSINESS MACHS CORP
Common Stock
6,663

 
INTERNATIONAL SPEEDWAY CORP COM
Common Stock
6,437

 
INTERPLAY ENTERTAINMENT CORP
Common Stock
10

 
INTUITIVE SURGICAL INC
Common Stock
1,900


18


WESCO Distribution, Inc.
 
 
 
 
Retirement Savings Plan
 
 
 
 
Schedule of Assets (Held at End of Year)
 
 
 
 
EIN 25-1723345, Plan Number 001
 
 
 
 
December 29, 2013
 
 
 
 

(a)
(b)
(c)
(d)
 
 
Description of Investment
 
 
Identity of Issue,
Including Maturity Date,
 
 
Borrower, Lessor or
Rate of Interest, Collateral,
Current
 
Similar Party
Par, or Maturity Value
Value
 
INVESCO DIVER DIV FUND-INV #286
Mutual Funds - Equity
66,602

 
ISHARES COHEN &
Closed End Mutual Funds
8,672

 
ISHARES CORE S INDUSTRIAL
Closed End Mutual Funds
15,933

 
ISHARES MSCI USA
Closed End Mutual Funds
5,405

 
ISHARES SELECT DIVIDEND
Closed End Mutual Funds
29,843

 
ISHARES SILVER TRUST
Closed End Mutual Funds
48,757

 
ISHARES SILVER TRUST MLP EST
Closed End Mutual Funds
16,158

 
ISHARES SILVER TRUST SH-TM INCOME
Closed End Mutual Funds
5,055

 
ISHARES SILVER TRUST TRUST VOLA
Closed End Mutual Funds
4,301

 
ISHARES US PREFERRED EQUITY
Closed End Mutual Funds
3,034

 
ITC HLDGS CORP
Common Stock
23,740

 
JANUS ENTERPRISE FUND CLASS T #1050
Mutual Funds - Equity
15,142

 
JOHNSON & JOHNSON
Common Stock
5,541

 
JP MORGAN ALERIAN EQUITY
Closed End Mutual Funds
1,278

 
KELLOGG CO
Common Stock
6,098

 
KELLY SVCS INC CL A
Common Stock
5,058

 
KERYX BIOPHARMACEUTICALS
Common Stock
2,532

 
KINDER MORGAN ENERGY PARTNERS,
Common Stock
61,441

 
KINDER MORGAN INC/DELAWARE
Common Stock
31,062

 
KOKO PETROLEUM INC
Common Stock
1

 
KRAFT FOODS GROUP INC
Common Stock
5,550

 
LIMELIGHT NETWORKS INC
Common Stock
5,760

 
LINN ENERGY LLC
Common Stock
30,590

 
LOCKHEED MARTIN CORP
Common Stock
7,407

 
LOOMIS SAYLES GLBL BOND-RTL #1170
Mutual Funds - Corporate Bonds
17,387

 
LOWES COS INC
Common Stock
24,415

 
LULULEMON ATHLETICA INC
Common Stock
2,366

 
MACY S INC
Common Stock
10,761

 
MANAGERS REAL ESTATE SEC FD
Mutual Funds - Equity
11,619

 
MANNKIND CORP
Common Stock
1,170

 
MARATHON OIL CORP
Common Stock
37

 
MARINA BIOTECH INC
Common Stock
16

 
MARKET VECTORS DBLE LOW BIOTECHETF
Closed End Mutual Funds
25,968

 
MARSICO GROWTH FD #41
Mutual Funds - Equity
41,282

 
MARVELL TECHNOLOGY GROUP
Common Stock
2,726

 
MASCO CORP
Common Stock
67,410

 
MASTERCARD INC
Common Stock
8,279

 
MAXWELL TECHNOLOGIES INC COM
Common Stock
309

 
MCDONALDS CORP
Common Stock
5,815

 
MEMORIAL PRODUCTION PARTNERS L LP
Common Stock
12,515

 
MERCK & CO INC NEW
Common Stock
5,975

 
MICHAEL KORS HOLDINGS LTD
Common Stock
78,968

 
MICROSOFT CORP
Common Stock
7,907

 
MOLSON COORS BREWING CO
Common Stock
5,576

 
MOLYCORP INC
Common Stock
1,106

 
MONDELEZ INTERNATIONAL INC
Common Stock
3,783

 
MONSANTO CO NEW
Common Stock
24,356

 
MYREXIS INC
Common Stock
44

 
NACEL ENERGY CORP
Common Stock
19

 
NANOSPHERE INC
Common Stock
108,374

 
NATIONAL GRID PLC ADR
Common Stock
9,099

 
NATIONAL OILWELL INC COM
Common Stock
17,477


19


WESCO Distribution, Inc.
 
 
 
 
Retirement Savings Plan
 
 
 
 
Schedule of Assets (Held at End of Year)
 
 
 
 
EIN 25-1723345, Plan Number 001
 
 
 
 
December 29, 2013
 
 
 
 
(a)
(b)
(c)
(d)
 
 
Description of Investment
 
 
Identity of Issue,
Including Maturity Date,
 
 
Borrower, Lessor or
Rate of Interest, Collateral,
Current
 
Similar Party
Par, or Maturity Value
Value
 
NESTLE S.A. REGISTERED SHARES - ADR
Common Stock
9,193

 
NETFLIX.COM INC
Common Stock
18,375

 
NEUBERGER & BERMAN EQ GENESIS #593
Mutual Funds - Equity
17,623

 
NEUBERGER BERMAN REAL ES F-T #1190
Mutual Funds - Equity
11,050

 
NIKE INC CL B
Common Stock
5,628

 
NOKIA CORPORATION - ADR
Common Stock
2,620

 
NORFOLK SOUTHERN CORP
Common Stock
10,156

 
NRG ENERGY INC
Common Stock
5,203

 
NUCOR CORP
Common Stock
2,160

 
OCCIDENTAL PETE CORP
Common Stock
9,485

 
OILSANDS QUEST INC
Common Stock
60

 
ORACLE CORPORATION
Common Stock
18,990

 
OTHER CASH EQUIVALENTS
Cash and Cash Equivalents
1,298,122

 
PANERA BREAD COMPANY - CL A
Common Stock
6,690

 
PAYCHEX INC
Common Stock
6,837

 
PENGROWTH ENERGY CORPORATION
Common Stock
2,058

 
PENNEY J C INC
Common Stock
4,505

 
PEPSICO INC
Common Stock
20,039

 
PERMANENT PORT FD #1500
Mutual Funds - Equity
25,651

 
PETROLEO BRASILEIRO S.A.- COMM - ADR
Common Stock
137

 
PETROLOGISTICS LP
Common Stock
2,493

 
PETROQUEST ENERGY INC
Common Stock
2,085

 
PETSMART INC COM
Common Stock
3,647

 
PFIZER INC
Common Stock
7,545

 
PHILIP MORRIS INTERNATIONAL IN
Common Stock
47,707

 
PIMCO TOTAL RETURN ETF
Closed End Funds - Taxable
4,338

 
PIMCO UNCONSTRAINED BOND-D #4386
Mutual Funds - Corporate Bonds
51,519

 
PIONEER NAT RES CO COM
Common Stock
32,827

 
POLYMET MNG CORP
Common Stock
7,344

 
POTASH CORP SASK
Common Stock
50,500

 
POWERSHARES DB AGRICULTURE GLOBAL
Closed End Mutual Funds
5,998

 
POWERSHARES DB OIL STOCK REALTY
Closed End Mutual Funds
4,203

 
POWERSHARES KBW PREMIUM &
Closed End Mutual Funds
8

 
POWERSHARES S&P 500 EQUAL
Closed End Mutual Funds
1,068

 
POWERSHARES S&P 500 ETF
Closed End Mutual Funds
7,248

 
PRICELINE COM INC
Common Stock
10,533

 
PRIMERO MNG CORP
Common Stock
4,530

 
PROCTER & GAMBLE CO
Common Stock
14,899

 
PROSHARES ULTPRO SHRT FUND
Closed End Mutual Funds
14,232

 
PROSHARES ULTRA SHORT
Closed End Mutual Funds
11,252

 
PROSHARES ULTRA YEN
Closed End Funds - Balanced
9,593

 
PROSHARES ULTRASHORT EURO
Closed End Funds - Balanced
9,992

 
PROSHARES ULTRASHORT GOLD
Closed End Mutual Funds
1,754

 
PROSHARES ULTRASHORT YEN
Closed End Funds - Balanced
10,397

 
PROSHARES VIX SHORT-TERM SPDR INDEX
Closed End Mutual Funds
6,420

 
PROTALIX BIOTHERAPEUTICS INCCOM
Common Stock
26,880

 
PRUDENTIAL JENN EQTY INCOM-Z #427
Mutual Funds - Equity
2,962

 
QIWI PLC-SPONSORED ADR
Common Stock
111,360

 
QR ENERGY LP
Common Stock
3,460

 
QUALCOMM INC
Common Stock
18,450

 
REALTY INCOME CORP COM
Common Stock
1,893

 
RF MICRO DEVICES INC COM
Common Stock
15,480


20


WESCO Distribution, Inc.
 
 
 
 
Retirement Savings Plan
 
 
 
 
Schedule of Assets (Held at End of Year)
 
 
 
 
EIN 25-1723345, Plan Number 001
 
 
 
 
December 29, 2013
 
 
 
 

(a)
(b)
(c)
(d)
 
 
Description of Investment
 
 
Identity of Issue,
Including Maturity Date,
 
 
Borrower, Lessor or
Rate of Interest, Collateral,
Current
 
Similar Party
Par, or Maturity Value
Value
 
ROYAL BANK OF SCOTLAND GROUP RBS ADR
Common Stock
11,220

 
ROYCE GLOBAL VALUE SILVER INCOME
Closed End Mutual Funds
15,165

 
ROYCE TOTAL RET FUND-INV #267
Mutual Funds - Equity
25,459

 
ROYCE VALUE TR TRUST VOLA
Closed End Mutual Funds
6,620

 
SAMSON OIL & GAS LTD-SP ADR
Common Stock
735

 
SANCHEZ ENERGY CORP
Common Stock
20,160

 
SANDRIDGE PERMIAN TRUST
Common Stock
16,210

 
SANOFI CONTINGENT VALUE RTS
Common Stock
822

 
SCHWAB FUND EM MKT LA CO-INS #1487
Mutual Funds - Equity
9,593

 
SEADRILL LIMITED
Common Stock
1,626

 
SEAGATE TECHNOLOGY
Common Stock
5,566

 
SEQUENOM INC
Common Stock
36,800

 
SIERRA WIRELESS INC
Common Stock
6,954

 
SILVER WHEATON CORP
Common Stock
59,664

 
SINA CORPORATION
Common Stock
4,132

 
SOLARCITY CORP
Common Stock
8,540

 
SONY CORPORATION - ADR
Common Stock
8,571

 
SOUTHERN CO
Common Stock
65,376

 
SPDR DOW JONES P ETF
Closed End Mutual Funds
5,499

 
SPDR GOLD TRUST
Closed End Mutual Funds
9,036

 
SPDR S & FUT
Closed End Mutual Funds
17,230

 
SPDR S&P DIVIDEND
Closed End Mutual Funds
19,270

 
SPROTT PHYSICAL GOLD
Closed End Mutual Funds
1,757

 
SPROTT PHYSICAL SILVER
Closed End Mutual Funds
1,121

 
STARBUCKS CORP COM
Common Stock
9,428

 
STARWOOD PROPERTY TRUST, INC
Common Stock
4,074

 
STW RESOURCES HOLDING CORP
Common Stock
3,750

 
SYSCO CORP
Common Stock
4,065

 
T ROWE PRICE BALANCED FD INC #68
Mutual Funds - Balanced
145,859

 
T ROWE PRICE CAP APPRECIATION FD #72
Mutual Funds - Equity
178,841

 
T ROWE PRICE GROWTH STK FD #40
Mutual Funds - Equity
40,615

 
T ROWE PRICE INTL DISCOVERY FD #38
Mutual Funds - Equity
92,175

 
T ROWE PRICE NEW ERA FUND #41
Mutual Funds - Equity
133,488

 
T ROWE PRICE SPECTRUM INTL #118
Mutual Funds - Balanced
22,398

 
TARGA RESOURCES PARTNERS LP
Common Stock
30,948

 
TASEKO MINES LTD
Common Stock
2,040

 
TESCO PLC - ADR
Common Stock
4,582

 
TG THERAPEUTICS INC
Common Stock
8

 
THIRD AVENUE VALUE FUND #440
Mutual Funds - Equity
22,176

 
TIME WARNER CABLE INC
Common Stock
112,005

 
TIME WARNER INC
Common Stock
46,380

 
TOCQUEVILLE GOLD FUND #919
Mutual Funds - Equity
4,896

 
TRANSOCEAN LTD.
Common Stock
3,371

 
TRAVELERS COMPANIES, INC
Common Stock
8,985

 
UIL HOLDINGS
Common Stock
57,930

 
UNIGENE LABORATORIES INC
Common Stock
3

 
UNION PACIFIC CORP
Common Stock
33,210

 
UNITED-GUARDIAN INC
Common Stock
5,600

 
VALEANT PHARMACEUTICALS
Common Stock
20,221

 
VANGUARD / WINDSOR II FUND-INV #73
Mutual Funds - Equity
78,191

 
VANGUARD 500 INDEX FD-INV #40
Mutual Funds - Equity
21,934

 
VANGUARD DIVIDEND APPRECIATION ETF
Closed End Mutual Funds
4,395


21


WESCO Distribution, Inc.
 
 
 
 
Retirement Savings Plan
 
 
 
 
Schedule of Assets (Held at End of Year)
 
 
 
 
EIN 25-1723345, Plan Number 001
 
 
 
 
December 29, 2013
 
 
 
 

(a)
(b)
(c)
(d)
 
 
Description of Investment
 
 
Identity of Issue,
Including Maturity Date,
 
 
Borrower, Lessor or
Rate of Interest, Collateral,
Current
 
Similar Party
Par, or Maturity Value
Value
 
VANGUARD DIVIDEND APPRECIATION STEERS P 500
Closed End Mutual Funds
48,092

 
VANGUARD DIVIDEND GROWTH FUND #57
Mutual Funds - Equity
30,616

 
VANGUARD GLBL EX-US LNG
Closed End Mutual Funds
27,173

 
VANGUARD INDEX TR SM CAP STK #48
Mutual Funds - Equity
12,069

 
VANGUARD INDEX TR VALUE PORT #6
Mutual Funds - Equity
22,169

 
VANGUARD NATURAL RESOURCES LLC
Common Stock
20,419

 
VANGUARD REIT INDEX FD - INV #123
Mutual Funds - Equity
9,696

 
VANGUARD SHORT TERM-INVEST GRD #539
Mutual Funds - Corporate Bonds
13,934

 
VANGUARD SMALL CAP VAL INDX #860
Mutual Funds - Equity
10,750

 
VANGUARD TOTAL BD MKT INDX #84
Mutual Funds - Corporate Bonds
17,366

 
VANGUARD TOTAL INTL STOCK INDX #113
Mutual Funds - Equity
21,255

 
VANGUARD/WELLESLEY INCOME FD #27
Mutual Funds - Corporate Bonds
35,426

 
VECIMA NETWORKS INC
Common Stock
5

 
VEEVA SYSTEMS INC
Common Stock
79,650

 
VEOLIA ENVIRONNEMENT ADR
Common Stock
2,427

 
VIACOM INC NEW
Common Stock
151,249

 
VISA INC-CLASS A SHRS
Common Stock
38,442

 
VIVUS INC COM
Common Stock
9,170

 
VODAFONE GROUP PLC NEW ADR
Common Stock
4,318

 
VULCAN MATERIALS COMPANY
Common Stock
12,222

 
WAL MART STORES INC
Common Stock
5,493

 
WALT DISNEY CO
Common Stock
18,588

 
WELLS FARGO & CO
Common Stock
10,010

 
WESTERN ASSET MORTGAGE CAPIT
Common Stock
2,974

 
WESTPORT INNOVATIONS INC
Common Stock
1,752

 
WHOLE FOODS MKT INC
Common Stock
31,174

 
WINDSTREAM HOLDINGS INC
Common Stock
28,321

 
WISDOMTREE EMERG MKTS
Closed End Mutual Funds
19,770

 
WISDOMTREE EMERG MKTS LOW AVERAGE
Closed End Mutual Funds
80,590

 
WISDOMTREE JAPAN HEDGED ETF
Closed End Mutual Funds
7,115

 
XCEL ENERGY INC
Common Stock
30,479

 
XYLEM INC/NY
Common Stock
3,559

 
YAHOO INC COM
Common Stock
4,049

 
ZIOPHARM ONCOLOGY INC
Common Stock
14,256

 
ZOETIS INC
Common Stock
6,534

 
    Stock Funds and Self-Directed
 
 
 
      Accounts Total
 
32,658,983

 
 
 
 
 
Institutional Enhanced Index Fixed
 
 
 
  Prudential Income Fund
Common Collective Trust
136,636,836

 
    Stable Value Fund Total
 
136,636,836

 
 
 
 
 
CASH
Cash and Cash Equivalents
8,706

 
DIVIDEND INCOME ACCRUAL
Cash and Cash Equivalents
38,121

 
WELLS FARGO ADVANTAGE HERITAGE MONEY
Cash and Cash Equivalents
389,400

 
3M CO
Common Stock
171,819

 
ABBOTT LABS
Common Stock
155,821

 
ABBVIE INC
Common Stock
29,586

 
ABERCROMBIE & FITCH CO CL A
Common Stock
22,331

 
ACCENTURE PLC
Common Stock
53,054

 
ACE LIMITED
Common Stock
64,753


22


WESCO Distribution, Inc.
 
 
 
 
Retirement Savings Plan
 
 
 
 
Schedule of Assets (Held at End of Year)
 
 
 
 
EIN 25-1723345, Plan Number 001
 
 
 
 
December 29, 2013
 
 
 
 

(a)
(b)
(c)
(d)
 
 
Description of Investment
 
 
Identity of Issue,
Including Maturity Date,
 
 
Borrower, Lessor or
Rate of Interest, Collateral,
Current
 
Similar Party
Par, or Maturity Value
Value
 
ADVANCE AUTO PTS INC
Common Stock
17,807

 
ADVANCED MICRO DEVICES INC
Common Stock
35,332

 
AECOM TECHNOLOGY CORP
Common Stock
9,296

 
AEROPOSTALE
Common Stock
6,887

 
AES CORP
Common Stock
42,974

 
AETNA INC-NEW
Common Stock
111,974

 
AFLAC INC
Common Stock
59,046

 
AGCO CORP COM
Common Stock
17,791

 
AGILENT TECHNOLOGIES INC
Common Stock
22,068

 
AGL RES INC COM
Common Stock
9,588

 
AIR PRODS & CHEMS INC COM
Common Stock
39,814

 
AIRGAS INC COM
Common Stock
10,907

 
ALASKA AIR GROUP INC
Common Stock
14,114

 
ALCOA INC
Common Stock
81,757

 
ALERE INC
Common Stock
24,100

 
ALLEGHENY TECHNOLOGIES INC
Common Stock
12,331

 
ALLEGION PLC
Common Stock
10,237

 
ALLIANT ENERGY CORPORATION
Common Stock
18,428

 
ALLIANT TECHSYSTEMS INC
Common Stock
40,521

 
ALLSTATE CORP
Common Stock
104,886

 
ALPHA NAT RES INC
Common Stock
8,342

 
ALTERA CORP
Common Stock
4,664

 
ALTRIA GROUP INC
Common Stock
161,515

 
AMAZON COM INC COM
Common Stock
25,477

 
AMDOCS LIMITED COM
Common Stock
19,936

 
AMEDISYS INC
Common Stock
19,725

 
AMEREN CORP COM
Common Stock
39,168

 
AMERICAN AIRLS GROUP INC
Common Stock
34,617

 
AMERICAN EAGLE OUTFITTERS INC NEW
Common Stock
6,162

 
AMERICAN ELECTRIC POWER INC
Common Stock
59,381

 
AMERICAN EQUITY INVT LIFE HLDG CO
Common Stock
27,906

 
AMERICAN EXPRESS CO
Common Stock
105,601

 
AMERICAN FINL GROUP INC OHIO COM
Common Stock
31,320

 
AMERICAN INTERNATIONAL GROUP, INC
Common Stock
33,113

 
AMERICAN WATER WORKS CO INC/NE
Common Stock
9,333

 
AMERIPRISE FINL INC
Common Stock
55,945

 
AMERISOURCEBERGEN CORP
Common Stock
33,490

 
AMGEN INC
Common Stock
89,563

 
AMKOR TECHNOLOGIES INC COM
Common Stock
16,942

 
AMSURG CORP
Common Stock
6,269

 
ANADARKO PETROLEUM CORP
Common Stock
52,880

 
ANALOG DEVICES INC
Common Stock
15,007

 
ANIXTER INTL INC COM
Common Stock
22,879

 
ANN INC
Common Stock
12,810

 
ANNALY CAPITAL MANAGEMENT INC.
Common Stock
8,336

 
AOL INC
Common Stock
43,192

 
APACHE CORP
Common Stock
37,272

 
APARTMENT INVT & MGMT CO CL A
Common Stock
19,936

 
APOLLO EDUCATION GROUP INC
Common Stock
32,872

 
APPLE INC
Common Stock
274,444

 
APPLIED MATERIALS INC
Common Stock
96,981

 
ARCH COAL INC COM
Common Stock
5,292


23


WESCO Distribution, Inc.
 
 
 
 
Retirement Savings Plan
 
 
 
 
Schedule of Assets (Held at End of Year)
 
 
 
 
EIN 25-1723345, Plan Number 001
 
 
 
 
December 29, 2013
 
 
 
 

(a)
(b)
(c)
(d)
 
 
Description of Investment
 
 
Identity of Issue,
Including Maturity Date,
 
 
Borrower, Lessor or
Rate of Interest, Collateral,
Current
 
Similar Party
Par, or Maturity Value
Value
 
ARCHER DANIELS MIDLAND CO
Common Stock
40,872

 
ARMSTRONG WORLD INDUSTRIES INC
Common Stock
10,800

 
ARRIS GROUP INC
Common Stock
9,664

 
ARROW ELECTRS INC
Common Stock
42,635

 
ASHFORD HOSPITALITY PRIME IN
Common Stock
2,016

 
ASHFORD HOSPITALITY TRUST
Common Stock
4,792

 
ASHLAND INC NEW
Common Stock
16,499

 
ASSURANT INC
Common Stock
41,696

 
ASTORIA FINL CORP COM
Common Stock
14,480

 
AT&T INC
Common Stock
607,875

 
ATLAS AIR WORLDWIDE HLDGS INC
Common Stock
4,632

 
ATMEL CORP
Common Stock
5,804

 
ATMOS ENERGY CORP
Common Stock
16,668

 
AUTODESK INC
Common Stock
9,016

 
AUTOMATIC DATA PROCESSING INC
Common Stock
80,639

 
AUTOZONE INC
Common Stock
4,291

 
AVERY DENNISON CORP
Common Stock
24,432

 
AVIS BUDGET GROUP
Common Stock
72,141

 
AVISTA CORP
Common Stock
10,669

 
AVNET INC
Common Stock
31,660

 
AVON PRODS INC
Common Stock
42,226

 
BB&T CORP COM
Common Stock
46,152

 
BABCOCK & WILCOX CO
Common Stock
16,188

 
BAKER HUGHES INC COM
Common Stock
33,300

 
BANCORPSOUTH INC
Common Stock
18,349

 
BANK HAWAII CORP
Common Stock
8,367

 
BANK NEW YORK MELLON CORP COM
Common Stock
103,155

 
BANK OF AMERICA CORP
Common Stock
671,021

 
BARNES & NOBLE INC
Common Stock
8,488

 
BARRETT BILL CORP
Common Stock
17,180

 
BAXTER INTL INC
Common Stock
79,543

 
BECTON DICKINSON & CO
Common Stock
53,740

 
BED BATH & BEYOND INC
Common Stock
20,385

 
BEMIS INC
Common Stock
14,568

 
BENCHMARK ELECTRS INC COM
Common Stock
13,214

 
BERKLEY W R CORP
Common Stock
8,112

 
BERKSHIRE HATHAWAY INC.
Common Stock
234,938

 
BEST BUY INC
Common Stock
138,787

 
BIG LOTS INC
Common Stock
15,867

 
BIO RAD LABS INC CL A
Common Stock
5,223

 
BIOGEN IDEC INC
Common Stock
6,652

 
BLACKROCK INC
Common Stock
55,999

 
BLOCK H & R INC
Common Stock
13,946

 
BOB EVANS FARMS INC
Common Stock
22,992

 
BOEING CO
Common Stock
170,577

 
BOOZ ALLEN HAMILTON HOLDING CO
Common Stock
6,490

 
BOSTON SCIENTIFIC CORP COM
Common Stock
180,864

 
BOYD GAMING CORP COM
Common Stock
12,789

 
BRIGGS & STRATTON CORP COM
Common Stock
11,669

 
BRINKER INTL INC
Common Stock
21,451

 
BRINKS CO
Common Stock
12,030

 
BRISTOL MYERS SQUIBB CO
Common Stock
181,029


24


WESCO Distribution, Inc.
 
 
 
 
Retirement Savings Plan
 
 
 
 
Schedule of Assets (Held at End of Year)
 
 
 
 
EIN 25-1723345, Plan Number 001
 
 
 
 
December 29, 2013
 
 
 
 

(a)
(b)
(c)
(d)
 
 
Description of Investment
 
 
Identity of Issue,
Including Maturity Date,
 
 
Borrower, Lessor or
Rate of Interest, Collateral,
Current
 
Similar Party
Par, or Maturity Value
Value
 
BROADCOM CORPORATION COM
Common Stock
5,301

 
BROADRIDGE FINANCIAL SOLUTIONS
Common Stock
7,354

 
BROCADE COMMUNICATIONS SYSTEMS
Common Stock
23,429

 
BROWN SHOE INC NEW
Common Stock
15,749

 
BUNGE LIMITED
Common Stock
30,889

 
CA INC
Common Stock
33,062

 
CABLEVISION SYSTEMS-NY GRP-A
Common Stock
24,732

 
CACI INTL INC FORMERLY CACI INC TO
Common Stock
25,963

 
CAESARS ENTERTAINMENT CORP
Common Stock
69,988

 
CALPINE CORP/NEW
Common Stock
13,857

 
CAMERON INTL CORP
Common Stock
14,102

 
CAMPBELL SOUP CO
Common Stock
26,413

 
CAPITAL ONE FINANCIAL CORP
Common Stock
93,891

 
CARDINAL HEALTH INC COM
Common Stock
45,118

 
CAREER EDUCATION CORP
Common Stock
21,113

 
CAREFUSION CORP
Common Stock
35,900

 
CARNIVAL CORP
Common Stock
8,177

 
CATERPILLAR INC
Common Stock
74,059

 
CBS CORP NEW
Common Stock
83,843

 
CELGENE CORP COM
Common Stock
6,081

 
CENTENE CORP DEL
Common Stock
8,553

 
CENTERPOINT ENERGY INC
Common Stock
28,992

 
CENTURYLINK, INC
Common Stock
28,617

 
CF INDS HLDGS INC
Common Stock
5,547

 
CHARLES RIVER LABORATORIES
Common Stock
5,493

 
CHARTER COMMUNICATIONS INC
Common Stock
76,629

 
CHECKPOINT SYS INC COM
Common Stock
5,051

 
CHEESECAKE FACTORY INC COM
Common Stock
11,370

 
CHEMTURA CORP/NEW
Common Stock
10,551

 
CHESAPEAKE ENERGY CORP COM
Common Stock
98,277

 
CHEVRON CORP
Common Stock
636,544

 
CHILDRENS PL RETAIL STORES INC COM
Common Stock
7,562

 
CHIQUITA BRANDS INTL INC
Common Stock
13,192

 
CHUBB CORP
Common Stock
76,313

 
CIGNA CORP
Common Stock
55,466

 
CIMAREX ENERGY CO
Common Stock
4,894

 
CINCINNATI BELL, INC COMMON
Common Stock
10,331

 
CINCINNATI FINANCIAL CORP
Common Stock
25,730

 
CINEMARK HOLDINGS INC
Common Stock
12,432

 
CINTAS CORP
Common Stock
9,104

 
CISCO SYSTEMS INC
Common Stock
152,224

 
CIT GROUP INC.
Common Stock
6,996

 
CITIGROUP INC.
Common Stock
341,624

 
CITY NATL CORP COM
Common Stock
9,593

 
CLOUD PEAK ENERGY INC
Common Stock
10,799

 
CME GROUP INC
Common Stock
9,785

 
CMS ENERGY CORP
Common Stock
13,719

 
CNO FINANCIAL GROUP INC
Common Stock
47,898

 
COCA COLA CO
Common Stock
230,705

 
COCA-COLA ENTERPRISES
Common Stock
46,379

 
COEUR MINING INC
Common Stock
4,258

 
COLGATE PALMOLIVE CO
Common Stock
72,430


25


WESCO Distribution, Inc.
 
 
 
 
Retirement Savings Plan
 
 
 
 
Schedule of Assets (Held at End of Year)
 
 
 
 
EIN 25-1723345, Plan Number 001
 
 
 
 
December 29, 2013
 
 
 
 

(a)
(b)
(c)
(d)
 
 
Description of Investment
 
 
Identity of Issue,
Including Maturity Date,
 
 
Borrower, Lessor or
Rate of Interest, Collateral,
Current
 
Similar Party
Par, or Maturity Value
Value
 
COMCAST CORP CLASS A
Common Stock
129,579

 
COMERICA INC
Common Stock
14,146

 
COMMERCE BANCSHARES INC
Common Stock
12,915

 
COMMERCIAL METALS CO
Common Stock
14,937

 
COMMONWEALTH REIT
Common Stock
4,717

 
COMMUNITY HEALTH SYSTEMS
Common Stock
118,154

 
COMPUTER SCIENCES CORP
Common Stock
82,054

 
COMPUWARE CORP COM
Common Stock
9,435

 
COMSTOCK RES INC COM
Common Stock
5,444

 
COMTECH TELECOMMUNICATIONS CORP
Common Stock
13,100

 
CONAGRA FOODS INC
Common Stock
42,239

 
CONMED CORP
Common Stock
13,363

 
CONOCOPHILLIPS
Common Stock
359,341

 
CONSOLIDATED COMMUNICATIONS
Common Stock
16,649

 
CONSOLIDATED EDISON INC
Common Stock
39,416

 
CONSTELLATION BRANDS INC
Common Stock
14,504

 
CONVERGYS CORP
Common Stock
17,990

 
CON-WAY INC
Common Stock
12,173

 
COOPER TIRE & RUBR CO
Common Stock
6,429

 
CORELOGIC INC
Common Stock
42,091

 
CORINTHIAN COLLEGES INC
Common Stock
3,886

 
CORNING INC
Common Stock
54,820

 
COSTCO WHOLESALE CORP
Common Stock
60,687

 
COVANCE INC COM
Common Stock
7,826

 
COVIDIEN PLC
Common Stock
49,509

 
CRACKER BARREL OLD COUNTRY STO
Common Stock
9,123

 
CROWN HLDGS INC
Common Stock
10,563

 
CSX CORP
Common Stock
45,490

 
CULLEN FROST BANKERS INC COM
Common Stock
11,673

 
CUMMINS INC.
Common Stock
17,059

 
CVS/CAREMARK CORPORATION
Common Stock
121,223

 
DR HORTON INC COM
Common Stock
4,334

 
DANA HOLDING CORP
Common Stock
8,195

 
DARDEN RESTAURANTS INC
Common Stock
22,112

 
DAVITA HEALTHCARE PARTNERS INC
Common Stock
5,449

 
DEAN FOODS CO
Common Stock
6,706

 
DECKERS OUTDOOR CORP
Common Stock
10,396

 
DEERE & CO
Common Stock
34,103

 
DELTA AIR LINES INC
Common Stock
35,004

 
DENBURY RESOURCES
Common Stock
8,441

 
DEVON ENERGY CORPORATION
Common Stock
57,557

 
DEVRY EDUCATION GROUP INC. DEL
Common Stock
13,189

 
DEX MEDIA INC
Common Stock
3,523

 
DIAMOND OFFSHORE DRILLING INC COM
Common Stock
19,770

 
DIEBOLD INC
Common Stock
11,407

 
DIGITAL RIVER, INC
Common Stock
4,967

 
DILLARDS INC CL A
Common Stock
10,113

 
DISCOVER FINANCIAL SERVICES
Common Stock
19,784

 
DISH NETWORK CORP
Common Stock
15,401

 
DOMINION RES INC VA
Common Stock
101,639

 
DOMINOS PIZZA INC
Common Stock
28,291

 
DOVER CORP COM
Common Stock
27,259


26


WESCO Distribution, Inc.
 
 
 
 
Retirement Savings Plan
 
 
 
 
Schedule of Assets (Held at End of Year)
 
 
 
 
EIN 25-1723345, Plan Number 001
 
 
 
 
December 29, 2013
 
 
 
 

(a)
(b)
(c)
(d)
 
 
Description of Investment
 
 
Identity of Issue,
Including Maturity Date,
 
 
Borrower, Lessor or
Rate of Interest, Collateral,
Current
 
Similar Party
Par, or Maturity Value
Value
 
DOW CHEMICAL CO
Common Stock
63,912

 
DR PEPPER SNAPPLE GROUP INC
Common Stock
19,910

 
DTE ENERGY CO COM
Common Stock
62,445

 
DU PONT E I DE NEMOURS & CO
Common Stock
68,298

 
DUKE ENERGY HOLDING CORP. COM
Common Stock
71,019

 
DUN & BRADSTREET CORP DEL NEW
Common Stock
10,120

 
E M C CORP MASS
Common Stock
45,550

 
E*TRADE GROUP
Common Stock
39,561

 
EARTHLINK INC
Common Stock
8,528

 
EASTMAN CHEM CO COM
Common Stock
16,998

 
EBAY INC
Common Stock
27,361

 
EDISON INTL COM
Common Stock
68,082

 
EL PASO ELEC CO COM
Common Stock
5,179

 
ELECTRONIC ARTS INC
Common Stock
46,479

 
ELI LILLY & CO COM
Common Stock
125,665

 
EMCOR GROUP INC COM
Common Stock
13,673

 
EMERSON ELECTRIC CO
Common Stock
113,249

 
ENDO HEALTH SOLUTIONS INC
Common Stock
16,155

 
ENERGEN CORP
Common Stock
15,846

 
ENERGIZER HOLDINGS INC
Common Stock
15,401

 
ENTERGY CORP NEW COM
Common Stock
74,831

 
EOG RESOURCES, INC
Common Stock
20,299

 
EQUITY RESIDENTIAL PPTYS TR SH BEN
Common Stock
4,510

 
EURONET WORLDWIDE INC.
Common Stock
13,842

 
EXELIS INC
Common Stock
43,126

 
EXELON CORPORATION
Common Stock
76,726

 
EXPEDIA INC
Common Stock
11,964

 
EXPRESS INC
Common Stock
3,895

 
EXTERRAN HOLDINGS INC
Common Stock
40,322

 
EXXON MOBIL CORPORATION
Common Stock
957,442

 
FAIRCHILD SEMICONDUCTR INTERNATIONAL
Common Stock
5,285

 
FEDERATED INVESTORS INC
Common Stock
22,779

 
FEDEX CORPORATION
Common Stock
53,069

 
FERRO CORP
Common Stock
20,643

 
FIDELITY NATL INFORMATION SVCS INC
Common Stock
7,174

 
FIFTH & PACIFIC CO INC
Common Stock
14,587

 
FIFTH THIRD BANCORP
Common Stock
42,719

 
FIRST CTZNS BANCSHARES INC CL A
Common Stock
8,477

 
FIRST HORIZON NATL CORP
Common Stock
10,147

 
FIRST SOLAR INC
Common Stock
29,619

 
FIRSTENERGY CORP COM
Common Stock
43,250

 
FIRSTMERIT CORPORATION COM
Common Stock
9,718

 
FIVE STAR QUALITY CARE
Common Stock
4,567

 
FLOWERS FOODS INC
Common Stock
5,908

 
FLOWSERVE CORP COM
Common Stock
12,458

 
FLUOR CORP NEW
Common Stock
19,940

 
FOOT LOCKER INC
Common Stock
13,319

 
FORD MOTOR COMPANY
Common Stock
56,090

 
FOREST LABS INC
Common Stock
53,759

 
FOREST OIL CORP
Common Stock
8,790

 
FRANKLIN RESOURCES INC
Common Stock
14,365

 
FREEPORT-MCMORAN COPPER & GOLD INC
Common Stock
70,050


27


WESCO Distribution, Inc.
 
 
 
 
Retirement Savings Plan
 
 
 
 
Schedule of Assets (Held at End of Year)
 
 
 
 
EIN 25-1723345, Plan Number 001
 
 
 
 
December 29, 2013
 
 
 
 

(a)
(b)
(c)
(d)
 
 
Description of Investment
 
 
Identity of Issue,
Including Maturity Date,
 
 
Borrower, Lessor or
Rate of Interest, Collateral,
Current
 
Similar Party
Par, or Maturity Value
Value
 
FREESCALE SEMICONDUCTOR LTD
Common Stock
10,235

 
FRONTIER COMMUNICATIONS CORPORATION
Common Stock
38,018

 
FTD COS INC
Common Stock
16,947

 
FTI CONSULTING INC COM
Common Stock
14,581

 
FULTON FIN CORP
Common Stock
4,419

 
GALLAGHER ARTHUR J & CO
Common Stock
12,798

 
GAMESTOP CORP NEW
Common Stock
63,016

 
GANNETT INC
Common Stock
53,356

 
GAP INC
Common Stock
23,288

 
GATX CORP
Common Stock
8,346

 
GENERAL CABLE CORP COM
Common Stock
12,150

 
GENERAL DYNAMICS CORP
Common Stock
113,905

 
GENERAL ELECTRIC CO
Common Stock
483,379

 
GENERAL MILLS INC
Common Stock
15,700

 
GENERAL MOTORS CO
Common Stock
122,902

 
GENTIVA HEALTH SERVICES
Common Stock
6,148

 
GENUINE PARTS CO
Common Stock
32,373

 
GENWORTH FINL INC
Common Stock
128,020

 
GILEAD SCIENCES INC
Common Stock
59,932

 
GOLDMAN SACHS GROUP INC
Common Stock
156,422

 
GOODYEAR TIRE & RUBR CO
Common Stock
62,569

 
GOOGLE INC
Common Stock
156,576

 
GRAHAM HOLDINGS COMPANY
Common Stock
38,838

 
GREAT PLAINS ENERGY INC
Common Stock
6,749

 
GT ADVANCED TECHNOLOGIES INC
Common Stock
12,101

 
GUESS INC
Common Stock
20,019

 
HALLIBURTON CO
Common Stock
57,363

 
HANESBRANDS INC
Common Stock
18,725

 
HANGER INC
Common Stock
5,401

 
HANOVER INS GROUP INC
Common Stock
12,987

 
HARLEY DAVIDSON INC
Common Stock
16,986

 
HARMAN INTL INDS INC NEW COM
Common Stock
9,753

 
HARRIS CORP DEL
Common Stock
19,154

 
HARRIS TEETER SUPERMARKETS INC
Common Stock
5,036

 
HARSCO CORP
Common Stock
20,256

 
HARTFORD FINANCIAL SERVICES GROUP
Common Stock
124,503

 
HASBRO INC
Common Stock
16,320

 
HAWAIIAN ELEC INDS INC
Common Stock
10,717

 
HAWAIIAN HOLDINGS INC
Common Stock
5,681

 
HCA HOLDINGS INC
Common Stock
106,974

 
HCC INS HLDGS INC COM
Common Stock
10,867

 
HEALTH MGMT ASSOC INC NEW CL A
Common Stock
37,284

 
HEALTH NET INC
Common Stock
31,805

 
HEALTHSOUTH REHABILITATION CORPORAT
Common Stock
9,835

 
HECLA MNG CO
Common Stock
4,776

 
HELIX ENERGY SOLUTIONS INC
Common Stock
15,488

 
HELMERICH & PAYNE INC
Common Stock
5,289

 
HERTZ GLOBAL HOLDINGS INC
Common Stock
50,934

 
HESS CORP
Common Stock
101,428

 
HEWLETT PACKARD CO
Common Stock
430,236

 
HILL ROM HLDGS
Common Stock
8,221

 
HILLSHIRE BRANDS CO-W/I
Common Stock
52,210


28


WESCO Distribution, Inc.
 
 
 
 
Retirement Savings Plan
 
 
 
 
Schedule of Assets (Held at End of Year)
 
 
 
 
EIN 25-1723345, Plan Number 001
 
 
 
 
December 29, 2013
 
 
 
 

(a)
(b)
(c)
(d)
 
 
Description of Investment
 
 
Identity of Issue,
Including Maturity Date,
 
 
Borrower, Lessor or
Rate of Interest, Collateral,
Current
 
Similar Party
Par, or Maturity Value
Value
 
HNI CORPORATION
Common Stock
16,421

 
HOLOGIC INC COM
Common Stock
4,986

 
HOME DEPOT INC
Common Stock
67,271

 
HONEYWELL INTERNATIONAL INC
Common Stock
111,829

 
HOSPIRA INC
Common Stock
17,143

 
HUDSON CITY BANCORP INC
Common Stock
24,407

 
HUMANA INC
Common Stock
56,574

 
HUNTINGTON BANCSHARES INC
Common Stock
9,812

 
HUNTINGTON INGALLS INDUSTRIES
Common Stock
23,615

 
HUNTSMAN CORP
Common Stock
19,101

 
IAC/INTERACTIVE CORP
Common Stock
7,597

 
ILLINOIS TOOL WORKS INC
Common Stock
19,560

 
INGERSOLL-RAND PLC
Common Stock
42,085

 
INGRAM MICRO INC CL A COM
Common Stock
50,407

 
INSIGHT ENTERPRISES INC COM
Common Stock
13,580

 
INTEGRYS ENERGY GROUP INCORPORATED
Common Stock
14,911

 
INTEL CORP
Common Stock
247,117

 
INTERACTIVE BROKERS GROUP INC
Common Stock
27,028

 
INTERNATIONAL BANCSHARES CRP
Common Stock
7,785

 
INTERNATIONAL BUSINESS MACHS CORP
Common Stock
335,180

 
INTERNATIONAL FLAVORS & FRAGRANCES
Common Stock
11,946

 
INTERNATIONAL GAME TECHNOLOGY
Common Stock
10,614

 
INTERNATIONAL PAPER CO
Common Stock
35,309

 
INTERPUBLIC GROUP COS INC
Common Stock
40,711

 
INTERSIL CORPORATION
Common Stock
16,459

 
INVACARE CORP
Common Stock
8,523

 
INVESTMENT TECHNOLOGY GROUP INC NEW
Common Stock
11,687

 
ISTAR FINL INC
Common Stock
11,888

 
ITRON INC COM
Common Stock
9,213

 
ITT CORP
Common Stock
71,960

 
ITT EDL SVCS INC COM
Common Stock
23,935

 
JABIL CIRCUIT INC COM
Common Stock
4,899

 
JACK IN THE BOX, INC.
Common Stock
19,473

 
JACOBS ENGR GROUP INC
Common Stock
21,173

 
JETBLUE AWYS CORP
Common Stock
16,219

 
JM SMUCKER CO
Common Stock
20,946

 
JOHNSON & JOHNSON
Common Stock
638,877

 
JOHNSON CONTROLS INC
Common Stock
57,043

 
JONES GROUP INC/THE
Common Stock
12,712

 
JOY GLOBAL INC
Common Stock
3,414

 
JPMORGAN CHASE & CO
Common Stock
491,399

 
JUNIPER NETWORKS INC
Common Stock
34,819

 
KBR INC
Common Stock
12,149

 
KELLOGG CO
Common Stock
38,295

 
KEMPER CORP
Common Stock
12,958

 
KEYCORP NEW
Common Stock
43,135

 
KIMBERLY CLARK CORP COM
Common Stock
50,974

 
KINDRED HEALTHCARE INC
Common Stock
42,436

 
KOHLS CORP
Common Stock
42,458

 
KORN FERRY INTERNATIONAL
Common Stock
13,004

 
KRAFT FOODS GROUP INC
Common Stock
21,052

 
KROGER CO
Common Stock
132,222


29


WESCO Distribution, Inc.
 
 
 
 
Retirement Savings Plan
 
 
 
 
Schedule of Assets (Held at End of Year)
 
 
 
 
EIN 25-1723345, Plan Number 001
 
 
 
 
December 29, 2013
 
 
 
 

(a)
(b)
(c)
(d)
 
 
Description of Investment
 
 
Identity of Issue,
Including Maturity Date,
 
 
Borrower, Lessor or
Rate of Interest, Collateral,
Current
 
Similar Party
Par, or Maturity Value
Value
 
L-3 COMMUNICATIONS CORP COM
Common Stock
29,244

 
LABORATORY CRP OF AMER HLDGS
Common Stock
4,730

 
LACLEDE GROUP INC
Common Stock
17,184

 
LAMAR ADVERTISING CO CL A
Common Stock
16,031

 
LEAP WIRELESS INTL INC
Common Stock
25,416

 
LEAR CORP
Common Stock
30,627

 
LEGG MASON INC COM
Common Stock
22,539

 
LEGGETT & PLATT INC
Common Stock
18,388

 
LEIDOS HOLDINGS, INC
Common Stock
24,371

 
LENDER PROCESSING SERVICES INC
Common Stock
15,384

 
LEXMARK INTERNATIONAL INC
Common Stock
31,146

 
LIBERTY GLOBAL PLC-A
Common Stock
22,794

 
LIBERTY INTERACTIVE CORP-A
Common Stock
50,843

 
LIFE TECHNOLOGIES CORP
Common Stock
16,518

 
LIFEPOINT HOSPS INC
Common Stock
22,974

 
LINCOLN NATL CORP IND
Common Stock
102,990

 
LINEAR TECHNOLOGY CORP
Common Stock
5,809

 
LIVE NATION ENT INC
Common Stock
5,173

 
LOCKHEED MARTIN CORP
Common Stock
110,653

 
LOEWS CORP
Common Stock
28,697

 
LORILLARD INC
Common Stock
66,043

 
LOWES COS INC
Common Stock
105,180

 
LSI CORPORATION
Common Stock
18,420

 
M&T BANK CORPORATION COM
Common Stock
9,518

 
MACY S INC
Common Stock
54,808

 
MAGELLAN HEALTH SERVICES INC
Common Stock
14,135

 
MANITOWOC INC
Common Stock
6,303

 
MANPOWERGROUP INC
Common Stock
69,568

 
MARATHON OIL CORP
Common Stock
169,100

 
MARATHON PETROLEUM CORP
Common Stock
72,374

 
MARKEL HOLDINGS
Common Stock
4,029

 
MARSH & MCLENNAN COS INC
Common Stock
4,056

 
MASCO CORP
Common Stock
39,839

 
MATTEL INC
Common Stock
36,699

 
MAXIM INTEGRATED PRODS INC
Common Stock
19,530

 
MCDERMOTT INTL INC
Common Stock
12,103

 
MCDONALDS CORP
Common Stock
148,369

 
MCGRAW-HILL FINANCIAL INC
Common Stock
40,207

 
MCKESSON CORP
Common Stock
78,397

 
MDU RES GROUP INC
Common Stock
22,137

 
MEADWESTVACO CORP
Common Stock
25,632

 
MEDTRONIC INC
Common Stock
126,854

 
MENS WEARHOUSE INC COM
Common Stock
8,764

 
MERCK & CO INC NEW
Common Stock
147,727

 
MERCURY GEN CORP NEW
Common Stock
4,367

 
MEREDITH CORP
Common Stock
16,146

 
METLIFE INC
Common Stock
158,534

 
MGIC INVT CORP WI
Common Stock
6,048

 
MGM RESORTS INTERNATIONAL
Common Stock
17,038

 
MICROCHIP TECHNOLOGY INC COM
Common Stock
21,033

 
MICRON TECHNOLOGY INC
Common Stock
147,390

 
MICROSOFT CORP
Common Stock
499,537


30


WESCO Distribution, Inc.
 
 
 
 
Retirement Savings Plan
 
 
 
 
Schedule of Assets (Held at End of Year)
 
 
 
 
EIN 25-1723345, Plan Number 001
 
 
 
 
December 29, 2013
 
 
 
 

(a)
(b)
(c)
(d)
 
 
Description of Investment
 
 
Identity of Issue,
Including Maturity Date,
 
 
Borrower, Lessor or
Rate of Interest, Collateral,
Current
 
Similar Party
Par, or Maturity Value
Value
 
MOLINA HEALTHCARE INC
Common Stock
9,166

 
MOLSON COORS BREWING CO
Common Stock
14,776

 
MONDELEZ INTERNATIONAL INC
Common Stock
163,344

 
MONSANTO CO NEW
Common Stock
71,196

 
MONSTER WORLDWIDE INC
Common Stock
11,602

 
MORGAN STANLEY
Common Stock
118,836

 
MOSAIC CO/THE
Common Stock
19,278

 
MOTOROLA SOLUTIONS, INC.
Common Stock
67,599

 
MURPHY OIL CORP
Common Stock
35,044

 
NASDAQ OMX GRP INC
Common Stock
19,122

 
NATIONAL FUEL GAS CO N J
Common Stock
20,938

 
NATIONAL OILWELL INC COM
Common Stock
31,855

 
NAVISTAR INTL CORP COM
Common Stock
31,780

 
NCR CORPORATION COM
Common Stock
13,858

 
NETAPP INC
Common Stock
18,519

 
NEW JERSEY RES CORP
Common Stock
5,445

 
NEW YORK CMNTY BANCORP INC
Common Stock
3,836

 
NEW YORK TIMES CO CL A
Common Stock
25,380

 
NEWELL RUBBERMAID INC
Common Stock
22,025

 
NEWFIELD EXPL CO COM
Common Stock
18,454

 
NEWMONT MINING CORP
Common Stock
22,882

 
NEXTERA ENERGY INC
Common Stock
64,541

 
NII HLDGS INC
Common Stock
5,999

 
NIKE INC CL B
Common Stock
52,133

 
NISOURCE INC
Common Stock
33,913

 
NOBLE ENERGY INC
Common Stock
18,417

 
NORDSTROM INC
Common Stock
14,372

 
NORFOLK SOUTHERN CORP
Common Stock
47,088

 
NORTHEAST UTILS
Common Stock
9,411

 
NORTHERN TRUST CORP
Common Stock
22,614

 
NORTHROP GRUMMAN CORP
Common Stock
128,464

 
NORTHWEST BANCSHARES INC/MD
Common Stock
8,468

 
NORTHWEST NAT GAS CO
Common Stock
9,671

 
NORTHWESTERN CORP
Common Stock
10,161

 
NRG ENERGY INC
Common Stock
76,192

 
NUCOR CORP
Common Stock
22,572

 
NVR INC COM
Common Stock
12,485

 
OCCIDENTAL PETE CORP
Common Stock
147,587

 
OFFICE DEPOT INC
Common Stock
99,326

 
OGE ENERGY CORP COM
Common Stock
9,061

 
OLD REP INTL CORP
Common Stock
13,771

 
OM GROUP INC COM
Common Stock
17,045

 
OMNICARE INC
Common Stock
22,132

 
OMNICOM GROUP
Common Stock
81,570

 
OMNIVISION TECHNOLOGIES
Common Stock
5,906

 
ON SEMICONDUCTOR CORP
Common Stock
5,092

 
ORACLE CORPORATION
Common Stock
136,158

 
ORBITAL SCIENCES CORP
Common Stock
4,942

 
OSHKOSH CORPORATION
Common Stock
21,357

 
OWENS & MINOR INC COM
Common Stock
4,853

 
OWENS CORNING INC
Common Stock
11,997

 
OWENS ILL INC COM NEW
Common Stock
34,647


31


WESCO Distribution, Inc.
 
 
 
 
Retirement Savings Plan
 
 
 
 
Schedule of Assets (Held at End of Year)
 
 
 
 
EIN 25-1723345, Plan Number 001
 
 
 
 
December 29, 2013
 
 
 
 

(a)
(b)
(c)
(d)
 
 
Description of Investment
 
 
Identity of Issue,
Including Maturity Date,
 
 
Borrower, Lessor or
Rate of Interest, Collateral,
Current
 
Similar Party
Par, or Maturity Value
Value
 
PACCAR INC
Common Stock
19,997

 
PACKAGING CORP OF AMERICA
Common Stock
13,362

 
PARKER DRILLING CO
Common Stock
5,639

 
PARKER HANNIFIN CORP
Common Stock
26,263

 
PATTERSON-UTI ENERGY INC
Common Stock
20,451

 
PAYCHEX INC
Common Stock
32,362

 
PEABODY ENERGY CORPORATION
Common Stock
6,314

 
PEOPLE S UNITED FINANCIAL INC
Common Stock
10,988

 
PEPCO HOLDINGS INC.
Common Stock
23,114

 
PEPSICO INC
Common Stock
220,670

 
PFIZER INC
Common Stock
304,868

 
PG&E CORP COM
Common Stock
58,043

 
PHH CORP
Common Stock
31,834

 
PHILIP MORRIS INTERNATIONAL IN
Common Stock
181,026

 
PHILLIPS 66
Common Stock
114,891

 
PIEDMONT NAT GAS INC
Common Stock
10,883

 
PINNACLE WEST CAP CORP
Common Stock
14,111

 
PITNEY BOWES INC
Common Stock
84,887

 
PLUM CREEK TIMBER CO INC
Common Stock
25,752

 
PNC FINANCIAL SERVICES GROUP
Common Stock
71,709

 
PNM RES INC
Common Stock
9,300

 
POLYCOM INC COM
Common Stock
3,704

 
PORTLAND GEN ELEC CO
Common Stock
10,723

 
POST HOLDINGS INC
Common Stock
16,243

 
PPG INDUSTRIES INC
Common Stock
53,517

 
PPL CORPORATION
Common Stock
8,239

 
PRAXAIR INC COM
Common Stock
36,403

 
PRIMERICA INC
Common Stock
21,912

 
PRINCIPAL FINANCIAL GROUP
Common Stock
55,849

 
PROASSURANCE CORPORATION
Common Stock
3,300

 
PROCTER & GAMBLE CO
Common Stock
445,642

 
PROGRESSIVE CORP OHIO
Common Stock
50,296

 
PROTECTIVE LIFE CORP
Common Stock
29,571

 
PROVIDENT FINL SVCS INC
Common Stock
6,965

 
PRUDENTIAL FINL INC
Common Stock
168,324

 
PUBLIC SVC ENTERPRISE GROUP INC
Common Stock
65,213

 
QUAD/GRAPHICS INC
Common Stock
16,829

 
QUALCOMM INC
Common Stock
86,198

 
QUEST DIAGNOSTICS INC
Common Stock
14,445

 
QUESTAR CORP
Common Stock
17,947

 
QUESTAR MARKET RESOURCES INC
Common Stock
11,827

 
QUIKSILVER INC COM
Common Stock
10,246

 
RADIOSHACK CORP
Common Stock
20,949

 
RAYMOND JAMES FINL INC
Common Stock
17,283

 
RAYTHEON CO
Common Stock
92,394

 
REGAL ENTERTAINMENT GROUP- CL A
Common Stock
10,653

 
REGIONS FINL CORP NEW
Common Stock
40,047

 
REGIS CORP
Common Stock
6,566

 
REINSURANCE GROUP AMER CLASS A NEW
Common Stock
22,496

 
RELIANCE STL & ALUM CO COM
Common Stock
8,398

 
RENT-A-CENTER INC
Common Stock
16,253

 
REPUBLIC AWYS HLDGS INC
Common Stock
11,170


32


WESCO Distribution, Inc.
 
 
 
 
Retirement Savings Plan
 
 
 
 
Schedule of Assets (Held at End of Year)
 
 
 
 
EIN 25-1723345, Plan Number 001
 
 
 
 
December 29, 2013
 
 
 
 

(a)
(b)
(c)
(d)
 
 
Description of Investment
 
 
Identity of Issue,
Including Maturity Date,
 
 
Borrower, Lessor or
Rate of Interest, Collateral,
Current
 
Similar Party
Par, or Maturity Value
Value
 
REYNOLDS AMERICAN INC
Common Stock
50,100

 
RITE AID CORP
Common Stock
147,707

 
ROBERT HALF INTL INC
Common Stock
9,684

 
ROCKWELL AUTOMATION INC
Common Stock
16,989

 
ROCKWELL COLLINS
Common Stock
13,616

 
ROCKWOOD HLDGS INC
Common Stock
8,234

 
ROWAN COMPANIES PLC
Common Stock
5,775

 
RPM INTERNATIONAL INC
Common Stock
11,843

 
RR DONNELLEY & SONS CO
Common Stock
72,740

 
RUBY TUESDAY INC COM
Common Stock
6,319

 
RYDER SYS INC
Common Stock
36,847

 
SABRA HEALTH CARE REIT -
Common Stock
10,203

 
SAFEWAY INC NEW
Common Stock
119,080

 
SANMINA CORP
Common Stock
24,415

 
SCANA CORP-W/I
Common Stock
7,983

 
SCHEIN HENRY INC
Common Stock
5,607

 
SCHLUMBERGER LTD
Common Stock
108,060

 
SCHOLASTIC CORP COM
Common Stock
8,611

 
SCHWAB CHARLES CORP NEW
Common Stock
74,773

 
SCRIPPS HOWARD, INC.
Common Stock
4,187

 
SEACOR HOLDINGS INC
Common Stock
10,265

 
SEALED AIR CORP COM
Common Stock
22,017

 
SEARS HOLDING CORP
Common Stock
30,835

 
SELECTIVE INS GROUP INC
Common Stock
8,233

 
SEMPRA ENERGY COM
Common Stock
57,528

 
SERVICE CORP INTL
Common Stock
17,935

 
SHERWIN WILLIAMS CO
Common Stock
16,060

 
SKYWEST INC
Common Stock
27,296

 
SLM CORP
Common Stock
4,630

 
SNAP ON INC
Common Stock
15,266

 
SONOCO PRODS CO
Common Stock
9,737

 
SOUTHERN CO
Common Stock
33,383

 
SOUTHERN COPPER CORP
Common Stock
13,201

 
SOUTHWEST AIRLINES CO
Common Stock
4,498

 
SOUTHWEST GAS CORP
Common Stock
16,926

 
SPANSION INC
Common Stock
5,387

 
SPECTRA ENERGY CORP
Common Stock
19,765

 
SPECTRUM BRANDS HOLDINGS INC
Common Stock
8,907

 
SPIRIT AEROSYTSEMS HOLD-CL A
Common Stock
15,558

 
SPX CORP
Common Stock
21,978

 
ST JUDE MED INC
Common Stock
20,916

 
STANCORP FINL GROUP INC
Common Stock
25,767

 
STAPLES INC
Common Stock
57,444

 
STARBUCKS CORP COM
Common Stock
4,871

 
STARWOOD HOTELS & RESORTS WORLDWIDE
Common Stock
20,548

 
STARZ COM SERIES A COMMON STOCK
Common Stock
6,210

 
STATE STREET CORP
Common Stock
72,814

 
STEEL DYNAMICS INC COM
Common Stock
17,198

 
STEELCASE INC CL A
Common Stock
22,564

 
STERIS CORP COM
Common Stock
16,187

 
STONE ENERGY CORP COM
Common Stock
4,932

 
STRAYER ED INC COM
Common Stock
3,062


33


WESCO Distribution, Inc.
 
 
 
 
Retirement Savings Plan
 
 
 
 
Schedule of Assets (Held at End of Year)
 
 
 
 
EIN 25-1723345, Plan Number 001
 
 
 
 
December 29, 2013
 
 
 
 

(a)
(b)
(c)
(d)
 
 
Description of Investment
 
 
Identity of Issue,
Including Maturity Date,
 
 
Borrower, Lessor or
Rate of Interest, Collateral,
Current
 
Similar Party
Par, or Maturity Value
Value
 
STRYKER CORP
Common Stock
23,269

 
SUNEDISON INC
Common Stock
51,162

 
SUNTRUST BANKS INC
Common Stock
66,777

 
SUPERVALU INC
Common Stock
93,250

 
SVB FINL GROUP
Common Stock
10,714

 
SWIFT ENERGY COMPANY
Common Stock
8,966

 
SYMANTEC CORP
Common Stock
75,258

 
SYMETRA FINANCIAL CORP
Common Stock
30,445

 
SYNNEX CORP
Common Stock
11,694

 
SYNOPSYS INC COM
Common Stock
12,975

 
SYSCO CORP
Common Stock
65,540

 
TAKE-TWO INTERACTIVE SOFTWARE
Common Stock
5,198

 
TARGET CORP
Common Stock
97,762

 
TCF FINANCIAL
Common Stock
11,841

 
TD AMERITRADE HLDG CORP
Common Stock
11,869

 
TECH DATA CORP
Common Stock
31,898

 
TECO ENERGY INC
Common Stock
13,901

 
TELEPHONE AND DATA SYSTEMS
Common Stock
27,936

 
TENET HEALTHCARE CORPORATION
Common Stock
90,612

 
TENNECO INC
Common Stock
13,602

 
TEREX CORP NEW
Common Stock
17,110

 
TESORO CORP
Common Stock
37,348

 
TETRA TECHNOLOGIES INC DEL
Common Stock
6,387

 
TEXAS INSTRUMENTS INC
Common Stock
78,868

 
TEXTRON INC
Common Stock
28,556

 
THE DIRECTV GROUP HOLDINGS CL A COM
Common Stock
58,732

 
THE HERSHEY COMPANY
Common Stock
16,656

 
THE SCOTTS MIRACLE-GRO COMPANY CL A
Common Stock
15,306

 
THERMO FISHER SCIENTIFIC INC
Common Stock
35,414

 
THOMPSON CREEK METALS CO INC
Common Stock
6,514

 
THOR INDS INC
Common Stock
11,918

 
TIFFANY & CO NEW
Common Stock
14,448

 
TIME WARNER CABLE INC
Common Stock
78,256

 
TIME WARNER INC
Common Stock
207,249

 
TIMKEN CO
Common Stock
11,112

 
TJX COS INC NEW
Common Stock
19,268

 
T-MOBILE US INC
Common Stock
21,352

 
TORCHMARK CORP
Common Stock
25,115

 
TOTAL SYS SVCS INC
Common Stock
16,899

 
TOWERS WATSON & CO CL A
Common Stock
12,884

 
TRAVELCENTERS OF AMERICA LLC
Common Stock
4,011

 
TRAVELERS COMPANIES, INC
Common Stock
138,998

 
TRUSTMARK CORP
Common Stock
5,796

 
TRW AUTOMOTIVE HLDGS CORP
Common Stock
28,318

 
TUPPERWARE BRANDS CORPORATION
Common Stock
11,104

 
TUTOR PERINI CORP
Common Stock
19,258

 
TWENTY FIRST CENTURY FOX INC
Common Stock
68,277

 
TYCO INTERNATIONAL LTD NEW
Common Stock
86,170

 
TYSON FOODS INC CL A DEL
Common Stock
19,212

 
UGI CORP NEW COM
Common Stock
25,622

 
UMPQUA HOLDINGS CORP
Common Stock
9,019

 
UNION PACIFIC CORP
Common Stock
77,379


34


WESCO Distribution, Inc.
 
 
 
 
Retirement Savings Plan
 
 
 
 
Schedule of Assets (Held at End of Year)
 
 
 
 
EIN 25-1723345, Plan Number 001
 
 
 
 
December 29, 2013
 
 
 
 

(a)
(b)
(c)
(d)
 
 
Description of Investment
 
 
Identity of Issue,
Including Maturity Date,
 
 
Borrower, Lessor or
Rate of Interest, Collateral,
Current
 
Similar Party
Par, or Maturity Value
Value
 
UNISYS CORPORATION
Common Stock
35,473

 
UNIT CORP
Common Stock
11,854

 
UNITED BANKSHARES INC COM
Common Stock
8,004

 
UNITED CONTINENTAL HOLDINGS, INC.
Common Stock
22,436

 
UNITED ONLINE INC
Common Stock
5,077

 
UNITED PARCEL SERVICE-CL B
Common Stock
80,111

 
UNITED RENTAL INC COM
Common Stock
14,907

 
UNITED STATES CELLULAR CORP
Common Stock
11,748

 
UNITED STATIONERS INC COM
Common Stock
11,861

 
UNITED STS STL CORP NEW
Common Stock
24,463

 
UNITED TECHNOLOGIES CORP
Common Stock
205,070

 
UNITEDHEALTH GROUP INC
Common Stock
180,526

 
UNIVERSAL CORP
Common Stock
21,388

 
UNIVERSAL HEALTH SVCS INC CL B
Common Stock
40,235

 
UNS ENERGY CORPORATION
Common Stock
14,282

 
UNUM GROUP
Common Stock
50,726

 
URS CORP NEW
Common Stock
20,770

 
US BANCORP DEL NEW
Common Stock
68,468

 
USA MOBILITY INC
Common Stock
10,419

 
VF CORP
Common Stock
20,691

 
VALASSIS COMMUNICATIONS INC COM
Common Stock
10,598

 
VALEANT PHARMACEUTICALS
Common Stock
6,134

 
VALERO ENERGY CORP
Common Stock
142,749

 
VECTREN CORP
Common Stock
14,458

 
VERIZON COMMUNICATIONS
Common Stock
462,296

 
VIACOM INC NEW
Common Stock
29,773

 
VISA INC-CLASS A SHRS
Common Stock
19,331

 
VISHAY INTERTECHNOLOGY INC
Common Stock
25,840

 
VISTEON CORP/NEW
Common Stock
30,586

 
VONAGE HOLDINGS CORP
Common Stock
5,408

 
WAL MART STORES INC
Common Stock
278,412

 
WALGREEN CO
Common Stock
125,714

 
WALT DISNEY CO
Common Stock
76,060

 
WASHINGTON FEDERAL INC
Common Stock
10,170

 
WASTE MANAGEMENT INC
Common Stock
64,176

 
WEBMD HEALTH CORP
Common Stock
24,776

 
WEBSTER FINL CORP WATERBURY CONN
Common Stock
4,629

 
WELLCARE HEALTH PLANS, INC
Common Stock
20,168

 
WELLPOINT INC
Common Stock
183,787

 
WELLS FARGO & CO
Common Stock
363,272

 
WENDY S CO/THE
Common Stock
17,119

 
WERNER ENTERPRISES INC
Common Stock
4,446

*
WESCO INTL INC
Common Stock
7,817

 
WESTAMERICA BANCORPORATION
Common Stock
6,846

 
WESTAR ENERGY INC
Common Stock
11,232

 
WESTERN DIGITAL CORP
Common Stock
72,219

 
WESTERN UNION CO/THE
Common Stock
8,308

 
WEYERHAEUSER CO
Common Stock
100,563

 
WGL HOLDINGS INC
Common Stock
11,519

 
WHIRLPOOL CORP
Common Stock
58,860

 
WHITE MTNS INS GROUP
Common Stock
12,642

 
WILLIAMS COS INC
Common Stock
34,240


35


WESCO Distribution, Inc.
 
 
 
 
Retirement Savings Plan
 
 
 
 
Schedule of Assets (Held at End of Year)
 
 
 
 
EIN 25-1723345, Plan Number 001
 
 
 
 
December 29, 2013
 
 
 
 

(a)
(b)
(c)
(d)
 
 
Description of Investment
 
 
Identity of Issue,
Including Maturity Date,
 
 
Borrower, Lessor or
Rate of Interest, Collateral,
Current
 
Similar Party
Par, or Maturity Value
Value
 
WILLIAMS SONOMA INC
Common Stock
15,957

 
WINDSTREAM HOLDINGS INC
Common Stock
32,569

 
WINTRUST FINL CORP
Common Stock
6,280

 
WISCONSIN ENERGY CORP COM
Common Stock
13,048

 
WPX ENERGY INC
Common Stock
49,791

 
WYNDHAM WORLDWIDE CORP
Common Stock
17,376

 
WYNN RESORTS LTD
Common Stock
28,305

 
XCEL ENERGY INC
Common Stock
31,649

 
XEROX CORP
Common Stock
44,591

 
XILINX INC
Common Stock
13,904

 
XL GROUP PLC
Common Stock
24,084

 
YAHOO INC COM
Common Stock
28,626

 
YUM BRANDS INC
Common Stock
33,168

 
ZALE CORP COM
Common Stock
23,747

 
ZIMMER HOLDINGS INC
Common Stock
18,741

 
ZIONS BANCORP
Common Stock
18,559

 
ZYNGA INC
Common Stock
8,880

 
    RAFI Enhanced Large Company
 
 
 
      Fund Total
 
33,649,263

 
 
 
 
*
Participant Loans
4.25%-10.5% with maturity dates through 2029
13,088,334

 
    Participant Loans Total
 
13,088,334

 
 
 
 
 
Total Investments at Fair Value
 
$
589,414,761



36


WESCO Distribution, Inc.
Retirement Savings Plan
Consent of Independent Registered Public Accounting Firm
December 29, 2013 and 2012

EXHIBITS
The following exhibits are filed or incorporated as part of this report:
Exhibit
 
 
Number
 
Description
23.1
 
Consent of BDO USA, LLP (filed herewith)
23.2
 
Consent of Alpern Rosenthal (filed herewith)
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the employees benefit plan) have duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.

WESCO Distribution, Inc.
 
Retirement Savings Plan
 
By:  
/s/ Stephen A. Van Oss
 
 
Stephen A. Van Oss
 
 
Chairman, 401K Retirement Savings Plan
 
 
Investment and Administrative Committees
 

Dated: June 27, 2014

37