Seems like alot of grains.
http://www.proformancepet.com/puppy.html
Here is a little summary from Whole Dog Journal of what
to avoid:
DO NOT BUY foods that contain low-quality ingredients such as "animal
fat", "animal digest" or "meat meal" such as Purina Dog Chow, Cycle
and Gravy Train; products whose protein is derived almost completely
from "meat by-products" such as Cesar and Alpo; products lacking
understandable expiration dates; foods containing artificial colors
such as Purina's Beneful and Science Diet's Nature's Best; products
containing "meat and bone meal", a very low quality protein source,
such as Pedigree Complete Nutrition and Dad's; foods that are
sweetened to tempt a dog's appetite such as Kibbles 'n Bits and
Purina Dog Chow Senior 7+.