BRIGGS & STRATTON CORPORATION has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan BRIGGS & STRATTON PENSION PLAN
| Measure | Date | Value |
|---|
| 2019: BRIGGS & STRATTON PENSION PLAN 2019 401k membership |
|---|
| Market value of plan assets | 2019-06-30 | 746,750,951 |
| Acturial value of plan assets | 2019-06-30 | 767,031,760 |
| Funding target for retired participants and beneficiaries receiving payment | 2019-06-30 | 627,303,839 |
| Number of terminated vested participants | 2019-06-30 | 882 |
| Fundng target for terminated vested participants | 2019-06-30 | 48,623,370 |
| Active participant vested funding target | 2019-06-30 | 76,941,729 |
| Number of active participants | 2019-06-30 | 497 |
| Total funding liabilities for active participants | 2019-06-30 | 80,523,874 |
| Total participant count | 2019-06-30 | 5,067 |
| Total funding target for all participants | 2019-06-30 | 756,451,083 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2019-06-30 | 28,799,816 |
| Prefunding balanced used to offset prior years funding requirement | 2019-06-30 | 1,913,504 |
| Amount remaining of carryover balance | 2019-06-30 | 0 |
| Amount remaining of prefunding balance | 2019-06-30 | 26,886,312 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-06-30 | 0 |
| Balance of carryovers at beginning of current year | 2019-06-30 | 0 |
| Balance of prefunding at beginning of current year | 2019-06-30 | 27,488,565 |
| Total employer contributions | 2019-06-30 | 0 |
| Total employee contributions | 2019-06-30 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2019-06-30 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2019-06-30 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-06-30 | 0 |
| Liquidity shortfalls end of Q1 | 2019-06-30 | 0 |
| Liquidity shortfalls end of Q2 | 2019-06-30 | 0 |
| Liquidity shortfalls end of Q3 | 2019-06-30 | 0 |
| Liquidity shortfalls end of Q4 | 2019-06-30 | 0 |
| Unpaid minimum required contributions for all prior years | 2019-06-30 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-06-30 | 0 |
| Remaining amount of unpaid minimum required contributions | 2019-06-30 | 0 |
| Minimum required contributions for current year target normal cost | 2019-06-30 | 3,960,000 |
| Net shortfall amortization installment of oustanding balance | 2019-06-30 | 16,907,888 |
| Total funding amount beforereflecting carryover/prefunding balances | 2019-06-30 | 6,730,086 |
| Carryover balance elected to use to offset funding requirement | 2019-06-30 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2019-06-30 | 6,783,584 |
| Additional cash requirement | 2019-06-30 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2019-06-30 | 0 |
| Unpaid minimum required contributions for current year | 2019-06-30 | 0 |
| Unpaid minimum required contributions for all years | 2019-06-30 | 0 |
| 2018: BRIGGS & STRATTON PENSION PLAN 2018 401k membership |
|---|
| Total participants, beginning-of-year | 2018-07-01 | 5,029 |
| Total number of active participants reported on line 7a of the Form 5500 | 2018-07-01 | 419 |
| Number of retired or separated participants receiving benefits | 2018-07-01 | 3,306 |
| Number of other retired or separated participants entitled to future benefits | 2018-07-01 | 810 |
| Total of all active and inactive participants | 2018-07-01 | 4,535 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2018-07-01 | 331 |
| Total participants | 2018-07-01 | 4,866 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2018-07-01 | 0 |
| Market value of plan assets | 2018-06-30 | 849,444,031 |
| Acturial value of plan assets | 2018-06-30 | 849,444,031 |
| Funding target for retired participants and beneficiaries receiving payment | 2018-06-30 | 612,665,035 |
| Number of terminated vested participants | 2018-06-30 | 882 |
| Fundng target for terminated vested participants | 2018-06-30 | 46,783,856 |
| Active participant vested funding target | 2018-06-30 | 74,398,939 |
| Number of active participants | 2018-06-30 | 497 |
| Total funding liabilities for active participants | 2018-06-30 | 77,876,026 |
| Total participant count | 2018-06-30 | 5,067 |
| Total funding target for all participants | 2018-06-30 | 737,324,917 |
| Balance at beginning of prior year after applicable adjustments | 2018-06-30 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2018-06-30 | 28,799,816 |
| Prefunding balanced used to offset prior years funding requirement | 2018-06-30 | 0 |
| Amount remaining of carryover balance | 2018-06-30 | 0 |
| Amount remaining of prefunding balance | 2018-06-30 | 28,799,816 |
| Present value of excess contributions | 2018-06-30 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-06-30 | 0 |
| Balance of carryovers at beginning of current year | 2018-06-30 | 0 |
| Balance of prefunding at beginning of current year | 2018-06-30 | 28,799,816 |
| Total employer contributions | 2018-06-30 | 0 |
| Total employee contributions | 2018-06-30 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2018-06-30 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2018-06-30 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-06-30 | 0 |
| Unpaid minimum required contributions for all prior years | 2018-06-30 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2018-06-30 | 0 |
| Remaining amount of unpaid minimum required contributions | 2018-06-30 | 0 |
| Minimum required contributions for current year target normal cost | 2018-06-30 | 0 |
| Net shortfall amortization installment of oustanding balance | 2018-06-30 | 0 |
| Waiver amortization installment | 2018-06-30 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2018-06-30 | 0 |
| Carryover balance elected to use to offset funding requirement | 2018-06-30 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2018-06-30 | 0 |
| Additional cash requirement | 2018-06-30 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2018-06-30 | 0 |
| Unpaid minimum required contributions for current year | 2018-06-30 | 0 |
| Unpaid minimum required contributions for all years | 2018-06-30 | 0 |
| Total participants, beginning-of-year | 2018-06-13 | 5,029 |
| Total number of active participants reported on line 7a of the Form 5500 | 2018-06-13 | 497 |
| Number of retired or separated participants receiving benefits | 2018-06-13 | 3,373 |
| Number of other retired or separated participants entitled to future benefits | 2018-06-13 | 875 |
| Total of all active and inactive participants | 2018-06-13 | 4,745 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2018-06-13 | 284 |
| Total participants | 2018-06-13 | 5,029 |
| Number of participants with account balances | 2018-06-13 | 0 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2018-06-13 | 0 |
| Measure | Date | Value |
|---|
| 2019 : BRIGGS & STRATTON PENSION PLAN 2019 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2019-06-30 | $23,179,591 |
| Total unrealized appreciation/depreciation of assets | 2019-06-30 | $23,179,591 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-06-30 | $3,233,956 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-06-30 | $526,559 |
| Total income from all sources (including contributions) | 2019-06-30 | $72,703,836 |
| Total loss/gain on sale of assets | 2019-06-30 | $41,241,667 |
| Total of all expenses incurred | 2019-06-30 | $64,590,722 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-06-30 | $59,485,756 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-06-30 | $0 |
| Value of total assets at end of year | 2019-06-30 | $758,098,021 |
| Value of total assets at beginning of year | 2019-06-30 | $747,277,510 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-06-30 | $5,104,966 |
| Total interest from all sources | 2019-06-30 | $4,356,347 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-06-30 | $1,418,305 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-06-30 | No |
| Was this plan covered by a fidelity bond | 2019-06-30 | Yes |
| Value of fidelity bond cover | 2019-06-30 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2019-06-30 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-06-30 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-06-30 | No |
| Assets. Other investments not covered elsewhere at end of year | 2019-06-30 | $32,698,254 |
| Assets. Other investments not covered elsewhere at beginning of year | 2019-06-30 | $13,744,347 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-06-30 | $3,004,039 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-06-30 | $4,625,696 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2019-06-30 | $3,233,956 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2019-06-30 | $526,559 |
| Other income not declared elsewhere | 2019-06-30 | $2,507,926 |
| Administrative expenses (other) incurred | 2019-06-30 | $3,154,264 |
| Total non interest bearing cash at end of year | 2019-06-30 | $0 |
| Total non interest bearing cash at beginning of year | 2019-06-30 | $82,377 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-06-30 | No |
| Value of net income/loss | 2019-06-30 | $8,113,114 |
| Value of net assets at end of year (total assets less liabilities) | 2019-06-30 | $754,864,065 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-06-30 | $746,750,951 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-06-30 | No |
| Assets. partnership/joint venture interests at end of year | 2019-06-30 | $42,104,524 |
| Assets. partnership/joint venture interests at beginning of year | 2019-06-30 | $41,364,513 |
| Investment advisory and management fees | 2019-06-30 | $867,050 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-06-30 | $186,389,611 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-06-30 | $118,673,520 |
| Value of interest in common/collective trusts at end of year | 2019-06-30 | $332,864,792 |
| Value of interest in common/collective trusts at beginning of year | 2019-06-30 | $26,870,269 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2019-06-30 | $12,069,156 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2019-06-30 | $1,827,340 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2019-06-30 | $1,827,340 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-06-30 | $4,356,347 |
| Assets. Value of investments in 103.12 investment entities at end of year | 2019-06-30 | $0 |
| Assets. Value of investments in 103.12 investment entities at beginning of year | 2019-06-30 | $11,313,158 |
| Asset value of US Government securities at end of year | 2019-06-30 | $0 |
| Asset value of US Government securities at beginning of year | 2019-06-30 | $44,333,092 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-06-30 | Yes |
| Was there a failure to transmit to the plan any participant contributions | 2019-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-06-30 | No |
| Income. Dividends from preferred stock | 2019-06-30 | $1,418,305 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-06-30 | $59,485,756 |
| Asset. Corporate debt instrument preferred debt at end of year | 2019-06-30 | $0 |
| Asset. Corporate debt instrument preferred debt at beginning of year | 2019-06-30 | $31,281,690 |
| Asset. Corporate debt instrument debt (other) at end of year | 2019-06-30 | $0 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2019-06-30 | $270,058,596 |
| Contract administrator fees | 2019-06-30 | $1,083,652 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2019-06-30 | No |
| Assets. Corporate common stocks other than exployer securities at end of year | 2019-06-30 | $148,967,645 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2019-06-30 | $183,102,912 |
| Did the plan have assets held for investment | 2019-06-30 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-06-30 | No |
| Aggregate proceeds on sale of assets | 2019-06-30 | $828,637,633 |
| Aggregate carrying amount (costs) on sale of assets | 2019-06-30 | $787,395,966 |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-06-30 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-06-30 | Disclaimer |
| Accountancy firm name | 2019-06-30 | WIPFLI LLP |
| Accountancy firm EIN | 2019-06-30 | 390758449 |
| 2018 : BRIGGS & STRATTON PENSION PLAN 2018 401k financial data |
|---|
| Unrealized appreciation/depreciation of other (non real estate) assets | 2018-06-30 | $-37,706,712 |
| Total unrealized appreciation/depreciation of assets | 2018-06-30 | $-37,706,712 |
| Total transfer of assets to this plan | 2018-06-30 | $849,444,031 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-06-30 | $526,559 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-06-30 | $0 |
| Total income from all sources (including contributions) | 2018-06-30 | $-22,785,322 |
| Total loss/gain on sale of assets | 2018-06-30 | $11,961,559 |
| Total of all expenses incurred | 2018-06-30 | $79,907,758 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-06-30 | $79,373,337 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-06-30 | $0 |
| Value of total assets at end of year | 2018-06-30 | $747,277,510 |
| Value of total assets at beginning of year | 2018-06-30 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-06-30 | $534,421 |
| Total interest from all sources | 2018-06-30 | $5,318,144 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-06-30 | $800,881 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-06-30 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2018-06-30 | $593,904 |
| Administrative expenses professional fees incurred | 2018-06-30 | $4,707 |
| Was this plan covered by a fidelity bond | 2018-06-30 | Yes |
| Value of fidelity bond cover | 2018-06-30 | $10,000,000 |
| If this is an individual account plan, was there a blackout period | 2018-06-30 | No |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-06-30 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-06-30 | No |
| Assets. Other investments not covered elsewhere at end of year | 2018-06-30 | $13,744,347 |
| Assets. Other investments not covered elsewhere at beginning of year | 2018-06-30 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-06-30 | $4,625,696 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-06-30 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2018-06-30 | $526,559 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2018-06-30 | $0 |
| Other income not declared elsewhere | 2018-06-30 | $284,830 |
| Administrative expenses (other) incurred | 2018-06-30 | $35,214 |
| Total non interest bearing cash at end of year | 2018-06-30 | $82,377 |
| Total non interest bearing cash at beginning of year | 2018-06-30 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-06-30 | No |
| Value of net income/loss | 2018-06-30 | $-102,693,080 |
| Value of net assets at end of year (total assets less liabilities) | 2018-06-30 | $746,750,951 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-06-30 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-06-30 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-06-30 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-06-30 | No |
| Assets. partnership/joint venture interests at end of year | 2018-06-30 | $41,364,513 |
| Assets. partnership/joint venture interests at beginning of year | 2018-06-30 | $0 |
| Investment advisory and management fees | 2018-06-30 | $494,500 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-06-30 | $118,673,520 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-06-30 | $0 |
| Interest earned on other investments | 2018-06-30 | $190,326 |
| Income. Interest from US Government securities | 2018-06-30 | $573,823 |
| Income. Interest from corporate debt instruments | 2018-06-30 | $4,550,086 |
| Value of interest in common/collective trusts at end of year | 2018-06-30 | $26,870,269 |
| Value of interest in common/collective trusts at beginning of year | 2018-06-30 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2018-06-30 | $1,827,340 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2018-06-30 | $0 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2018-06-30 | $0 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2018-06-30 | $3,909 |
| Assets. Value of investments in 103.12 investment entities at end of year | 2018-06-30 | $11,313,158 |
| Assets. Value of investments in 103.12 investment entities at beginning of year | 2018-06-30 | $0 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2018-06-30 | $79,360,000 |
| Asset value of US Government securities at end of year | 2018-06-30 | $44,333,092 |
| Asset value of US Government securities at beginning of year | 2018-06-30 | $0 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-06-30 | $-5,274,230 |
| Net investment gain or loss from common/collective trusts | 2018-06-30 | $258,019 |
| Net gain/loss from 103.12 investment entities | 2018-06-30 | $1,572,187 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-06-30 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-06-30 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-06-30 | No |
| Income. Dividends from common stock | 2018-06-30 | $206,977 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-06-30 | $13,337 |
| Asset. Corporate debt instrument preferred debt at end of year | 2018-06-30 | $31,281,690 |
| Asset. Corporate debt instrument preferred debt at beginning of year | 2018-06-30 | $0 |
| Asset. Corporate debt instrument debt (other) at end of year | 2018-06-30 | $270,058,596 |
| Asset. Corporate debt instrument debt (other) at beginning of year | 2018-06-30 | $0 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2018-06-30 | No |
| Assets. Corporate common stocks other than exployer securities at end of year | 2018-06-30 | $183,102,912 |
| Assets. Corporate common stocks other than exployer securities at beginning of year | 2018-06-30 | $0 |
| Did the plan have assets held for investment | 2018-06-30 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-06-30 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-06-30 | No |
| Aggregate proceeds on sale of assets | 2018-06-30 | $94,792,111 |
| Aggregate carrying amount (costs) on sale of assets | 2018-06-30 | $82,830,552 |
