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Plan Name | FRANKLIN ELECTRIC CO., INC. PENSION PLAN |
Plan identification number | 002 |
401k Plan Type | Defined Benefit Pension |
Plan Features/Benefits |
|
Company Name: | FRANKLIN ELECTRIC COMPANY, INC. |
Employer identification number (EIN): | 350827455 |
NAIC Classification: | 335900 |
Additional information about FRANKLIN ELECTRIC COMPANY, INC.
Jurisdiction of Incorporation: | Virginia Secretary of State |
Incorporation Date: | 1997-01-02 |
Company Identification Number: | 0477120 |
Legal Registered Office Address: |
111 JULIAD CT FREDERICKSBURG United States of America (USA) 22406 |
More information about FRANKLIN ELECTRIC COMPANY, INC.
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
002 | 2022-01-01 | ||||
002 | 2021-01-01 | ||||
002 | 2020-01-01 | ||||
002 | 2019-01-01 | ||||
002 | 2018-01-01 | ||||
002 | 2017-01-01 | KAY SCHUMM | |||
002 | 2016-01-01 | JONATHAN GRANDON | |||
002 | 2015-01-01 | ||||
002 | 2014-01-01 | THOMAS J. STRUPP | |||
002 | 2013-01-01 | KAY SCHUMM | |||
002 | 2012-01-01 | KAY SCHUMM | |||
002 | 2011-01-01 | THOMAS STRUPP | THOMAS STRUPP | 2012-10-15 | |
002 | 2010-01-01 | KAY SCHUMM | KAY SCHUMM | 2011-10-17 | |
002 | 2009-01-01 | KAY SCHUMM | KAY SCHUMM | 2010-10-15 |
Measure | Date | Value |
---|---|---|
2022: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2022 401k membership | ||
Market value of plan assets | 2022-12-31 | 139,331,001 |
Acturial value of plan assets | 2022-12-31 | 140,018,280 |
Funding target for retired participants and beneficiaries receiving payment | 2022-12-31 | 81,548,001 |
Number of terminated vested participants | 2022-12-31 | 465 |
Fundng target for terminated vested participants | 2022-12-31 | 13,956,343 |
Active participant vested funding target | 2022-12-31 | 12,643,515 |
Number of active participants | 2022-12-31 | 249 |
Total funding liabilities for active participants | 2022-12-31 | 12,735,074 |
Total participant count | 2022-12-31 | 2,381 |
Total funding target for all participants | 2022-12-31 | 108,239,418 |
Balance at beginning of prior year after applicable adjustments | 2022-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2022-12-31 | 20,930,398 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2022-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2022-12-31 | 0 |
Amount remaining of prefunding balance | 2022-12-31 | 20,930,398 |
Present value of excess contributions | 2022-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2022-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2022-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2022-12-31 | 0 |
Balance of carryovers at beginning of current year | 2022-12-31 | 0 |
Balance of prefunding at beginning of current year | 2022-12-31 | 21,158,539 |
Remaining amount of unpaid minimum required contributions | 2022-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2022-12-31 | 380,000 |
Net shortfall amortization installment of oustanding balance | 2022-12-31 | 0 |
Waiver amortization installment | 2022-12-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2022-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2022-12-31 | 0 |
Unpaid minimum required contributions for current year | 2022-12-31 | 0 |
Unpaid minimum required contributions for all years | 2022-12-31 | 0 |
Total participants, beginning-of-year | 2022-01-01 | 2,381 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 220 |
Number of retired or separated participants receiving benefits | 2022-01-01 | 1,411 |
Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 431 |
Total of all active and inactive participants | 2022-01-01 | 2,062 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 224 |
Total participants | 2022-01-01 | 2,286 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 0 |
2021: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2021 401k membership | ||
Market value of plan assets | 2021-12-31 | 148,583,097 |
Acturial value of plan assets | 2021-12-31 | 140,114,350 |
Funding target for retired participants and beneficiaries receiving payment | 2021-12-31 | 84,409,327 |
Number of terminated vested participants | 2021-12-31 | 496 |
Fundng target for terminated vested participants | 2021-12-31 | 15,388,739 |
Active participant vested funding target | 2021-12-31 | 13,509,202 |
Number of active participants | 2021-12-31 | 271 |
Total funding liabilities for active participants | 2021-12-31 | 13,601,601 |
Total participant count | 2021-12-31 | 2,455 |
Total funding target for all participants | 2021-12-31 | 113,399,667 |
Balance at beginning of prior year after applicable adjustments | 2021-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2021-12-31 | 19,140,739 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2021-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2021-12-31 | 0 |
Amount remaining of carryover balance | 2021-12-31 | 0 |
Amount remaining of prefunding balance | 2021-12-31 | 19,140,739 |
Present value of excess contributions | 2021-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2021-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2021-12-31 | 0 |
Balance of carryovers at beginning of current year | 2021-12-31 | 0 |
Balance of prefunding at beginning of current year | 2021-12-31 | 20,930,398 |
Total employer contributions | 2021-12-31 | 0 |
Total employee contributions | 2021-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2021-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2021-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2021-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2021-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2021-12-31 | 400,000 |
Net shortfall amortization installment of oustanding balance | 2021-12-31 | 0 |
Waiver amortization installment | 2021-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2021-12-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2021-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2021-12-31 | 0 |
Additional cash requirement | 2021-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2021-12-31 | 0 |
Unpaid minimum required contributions for current year | 2021-12-31 | 0 |
Unpaid minimum required contributions for all years | 2021-12-31 | 0 |
Total participants, beginning-of-year | 2021-01-01 | 2,455 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 249 |
Number of retired or separated participants receiving benefits | 2021-01-01 | 1,451 |
Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 453 |
Total of all active and inactive participants | 2021-01-01 | 2,153 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 228 |
Total participants | 2021-01-01 | 2,381 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 0 |
2020: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2020 401k membership | ||
Market value of plan assets | 2020-12-31 | 146,704,527 |
Acturial value of plan assets | 2020-12-31 | 142,108,994 |
Funding target for retired participants and beneficiaries receiving payment | 2020-12-31 | 90,037,498 |
Number of terminated vested participants | 2020-12-31 | 508 |
Fundng target for terminated vested participants | 2020-12-31 | 15,848,422 |
Active participant vested funding target | 2020-12-31 | 16,146,180 |
Number of active participants | 2020-12-31 | 320 |
Total funding liabilities for active participants | 2020-12-31 | 16,263,521 |
Total participant count | 2020-12-31 | 2,545 |
Total funding target for all participants | 2020-12-31 | 122,149,441 |
Balance at beginning of prior year after applicable adjustments | 2020-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2020-12-31 | 16,562,031 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2020-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2020-12-31 | 0 |
Amount remaining of carryover balance | 2020-12-31 | 0 |
Amount remaining of prefunding balance | 2020-12-31 | 16,562,031 |
Present value of excess contributions | 2020-12-31 | 0 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-12-31 | 0 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2020-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2020-12-31 | 0 |
Balance of carryovers at beginning of current year | 2020-12-31 | 0 |
Balance of prefunding at beginning of current year | 2020-12-31 | 19,140,739 |
Total employer contributions | 2020-12-31 | 0 |
Total employee contributions | 2020-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2020-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2020-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2020-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2020-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2020-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2020-12-31 | 480,000 |
Net shortfall amortization installment of oustanding balance | 2020-12-31 | 0 |
Waiver amortization installment | 2020-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2020-12-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2020-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2020-12-31 | 0 |
Additional cash requirement | 2020-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2020-12-31 | 0 |
Unpaid minimum required contributions for current year | 2020-12-31 | 0 |
Unpaid minimum required contributions for all years | 2020-12-31 | 0 |
Total participants, beginning-of-year | 2020-01-01 | 2,545 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 271 |
Number of retired or separated participants receiving benefits | 2020-01-01 | 1,476 |
Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 487 |
Total of all active and inactive participants | 2020-01-01 | 2,234 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 221 |
Total participants | 2020-01-01 | 2,455 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 0 |
2019: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2019 401k membership | ||
Market value of plan assets | 2019-12-31 | 136,664,763 |
Acturial value of plan assets | 2019-12-31 | 141,893,888 |
Funding target for retired participants and beneficiaries receiving payment | 2019-12-31 | 91,433,130 |
Number of terminated vested participants | 2019-12-31 | 515 |
Fundng target for terminated vested participants | 2019-12-31 | 15,223,627 |
Active participant vested funding target | 2019-12-31 | 17,965,486 |
Number of active participants | 2019-12-31 | 366 |
Total funding liabilities for active participants | 2019-12-31 | 18,129,209 |
Total participant count | 2019-12-31 | 2,615 |
Total funding target for all participants | 2019-12-31 | 124,785,966 |
Balance at beginning of prior year after applicable adjustments | 2019-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2019-12-31 | 18,604,826 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2019-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2019-12-31 | 0 |
Amount remaining of carryover balance | 2019-12-31 | 0 |
Amount remaining of prefunding balance | 2019-12-31 | 18,604,826 |
Present value of excess contributions | 2019-12-31 | 1,368,278 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-12-31 | 1,444,354 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2019-12-31 | 0 |
Reductions in caryover balances due to elections or deemed elections | 2019-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2019-12-31 | 1,600,000 |
Balance of carryovers at beginning of current year | 2019-12-31 | 0 |
Balance of prefunding at beginning of current year | 2019-12-31 | 16,562,031 |
Total employer contributions | 2019-12-31 | 0 |
Total employee contributions | 2019-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2019-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2019-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-12-31 | 0 |
Unpaid minimum required contributions for all prior years | 2019-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2019-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2019-12-31 | 480,000 |
Net shortfall amortization installment of oustanding balance | 2019-12-31 | 0 |
Waiver amortization installment | 2019-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2019-12-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2019-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2019-12-31 | 0 |
Additional cash requirement | 2019-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2019-12-31 | 0 |
Unpaid minimum required contributions for current year | 2019-12-31 | 0 |
Unpaid minimum required contributions for all years | 2019-12-31 | 0 |
Total participants, beginning-of-year | 2019-01-01 | 2,615 |
Total number of active participants reported on line 7a of the Form 5500 | 2019-01-01 | 320 |
Number of retired or separated participants receiving benefits | 2019-01-01 | 1,513 |
Number of other retired or separated participants entitled to future benefits | 2019-01-01 | 498 |
Total of all active and inactive participants | 2019-01-01 | 2,331 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2019-01-01 | 214 |
Total participants | 2019-01-01 | 2,545 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2019-01-01 | 0 |
2018: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2018 401k membership | ||
Market value of plan assets | 2018-12-31 | 150,016,933 |
Acturial value of plan assets | 2018-12-31 | 144,210,439 |
Funding target for retired participants and beneficiaries receiving payment | 2018-12-31 | 90,486,550 |
Number of terminated vested participants | 2018-12-31 | 491 |
Fundng target for terminated vested participants | 2018-12-31 | 14,735,829 |
Active participant vested funding target | 2018-12-31 | 19,363,398 |
Number of active participants | 2018-12-31 | 427 |
Total funding liabilities for active participants | 2018-12-31 | 19,566,499 |
Total participant count | 2018-12-31 | 2,689 |
Total funding target for all participants | 2018-12-31 | 124,788,878 |
Balance at beginning of prior year after applicable adjustments | 2018-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2018-12-31 | 14,857,599 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2018-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2018-12-31 | 0 |
Amount remaining of carryover balance | 2018-12-31 | 0 |
Amount remaining of prefunding balance | 2018-12-31 | 14,857,599 |
Present value of excess contributions | 2018-12-31 | 1,845,287 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-12-31 | 1,951,576 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2018-12-31 | 1,945,000 |
Reductions in caryover balances due to elections or deemed elections | 2018-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2018-12-31 | 0 |
Balance of carryovers at beginning of current year | 2018-12-31 | 0 |
Balance of prefunding at beginning of current year | 2018-12-31 | 18,604,826 |
Total employer contributions | 2018-12-31 | 1,500,000 |
Total employee contributions | 2018-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2018-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2018-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-12-31 | 1,368,278 |
Unpaid minimum required contributions for all prior years | 2018-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2018-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2018-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2018-12-31 | 520,000 |
Net shortfall amortization installment of oustanding balance | 2018-12-31 | 0 |
Waiver amortization installment | 2018-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2018-12-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2018-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2018-12-31 | 0 |
Additional cash requirement | 2018-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2018-12-31 | 1,368,278 |
Unpaid minimum required contributions for current year | 2018-12-31 | 0 |
Unpaid minimum required contributions for all years | 2018-12-31 | 0 |
Total participants, beginning-of-year | 2018-01-01 | 2,689 |
Total number of active participants reported on line 7a of the Form 5500 | 2018-01-01 | 366 |
Number of retired or separated participants receiving benefits | 2018-01-01 | 1,526 |
Number of other retired or separated participants entitled to future benefits | 2018-01-01 | 507 |
Total of all active and inactive participants | 2018-01-01 | 2,399 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2018-01-01 | 216 |
Total participants | 2018-01-01 | 2,615 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2018-01-01 | 0 |
2017: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2017 401k membership | ||
Market value of plan assets | 2017-12-31 | 143,544,705 |
Acturial value of plan assets | 2017-12-31 | 147,136,932 |
Funding target for retired participants and beneficiaries receiving payment | 2017-12-31 | 91,057,247 |
Number of terminated vested participants | 2017-12-31 | 523 |
Fundng target for terminated vested participants | 2017-12-31 | 14,413,952 |
Active participant vested funding target | 2017-12-31 | 22,295,506 |
Number of active participants | 2017-12-31 | 464 |
Total funding liabilities for active participants | 2017-12-31 | 22,494,092 |
Total participant count | 2017-12-31 | 2,752 |
Total funding target for all participants | 2017-12-31 | 127,965,291 |
Balance at beginning of prior year after applicable adjustments | 2017-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2017-12-31 | 12,143,092 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2017-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2017-12-31 | 149,238 |
Amount remaining of carryover balance | 2017-12-31 | 0 |
Amount remaining of prefunding balance | 2017-12-31 | 11,993,854 |
Present value of excess contributions | 2017-12-31 | 1,870,407 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-12-31 | 1,982,071 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2017-12-31 | 1,975,000 |
Reductions in caryover balances due to elections or deemed elections | 2017-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2017-12-31 | 0 |
Balance of carryovers at beginning of current year | 2017-12-31 | 0 |
Balance of prefunding at beginning of current year | 2017-12-31 | 14,857,599 |
Total employer contributions | 2017-12-31 | 2,000,000 |
Total employee contributions | 2017-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2017-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2017-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-12-31 | 1,845,287 |
Unpaid minimum required contributions for all prior years | 2017-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2017-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2017-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2017-12-31 | 740,000 |
Net shortfall amortization installment of oustanding balance | 2017-12-31 | 0 |
Waiver amortization installment | 2017-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2017-12-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2017-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2017-12-31 | 0 |
Additional cash requirement | 2017-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2017-12-31 | 1,845,287 |
Unpaid minimum required contributions for current year | 2017-12-31 | 0 |
Unpaid minimum required contributions for all years | 2017-12-31 | 0 |
Total participants, beginning-of-year | 2017-01-01 | 2,752 |
Total number of active participants reported on line 7a of the Form 5500 | 2017-01-01 | 427 |
Number of retired or separated participants receiving benefits | 2017-01-01 | 1,555 |
Number of other retired or separated participants entitled to future benefits | 2017-01-01 | 487 |
Total of all active and inactive participants | 2017-01-01 | 2,469 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2017-01-01 | 220 |
Total participants | 2017-01-01 | 2,689 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2017-01-01 | 0 |
2016: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2016 401k membership | ||
Market value of plan assets | 2016-12-31 | 144,429,125 |
Acturial value of plan assets | 2016-12-31 | 152,146,697 |
Funding target for retired participants and beneficiaries receiving payment | 2016-12-31 | 91,049,275 |
Number of terminated vested participants | 2016-12-31 | 721 |
Fundng target for terminated vested participants | 2016-12-31 | 16,595,953 |
Active participant vested funding target | 2016-12-31 | 21,241,189 |
Number of active participants | 2016-12-31 | 498 |
Total funding liabilities for active participants | 2016-12-31 | 21,469,302 |
Total participant count | 2016-12-31 | 2,979 |
Total funding target for all participants | 2016-12-31 | 129,114,530 |
Balance at beginning of prior year after applicable adjustments | 2016-12-31 | 0 |
Prefunding balance at beginning of prior year after applicable adjustments | 2016-12-31 | 10,916,888 |
Carryover balanced portion elected for use to offset prior years funding requirement | 2016-12-31 | 0 |
Prefunding balanced used to offset prior years funding requirement | 2016-12-31 | 152,361 |
Amount remaining of carryover balance | 2016-12-31 | 0 |
Amount remaining of prefunding balance | 2016-12-31 | 10,764,527 |
Present value of excess contributions | 2016-12-31 | 1,839,754 |
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2016-12-31 | 1,953,635 |
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2016-12-31 | 1,450,000 |
Reductions in caryover balances due to elections or deemed elections | 2016-12-31 | 0 |
Reductions in prefunding balances due to elections or deemed elections | 2016-12-31 | 0 |
Balance of carryovers at beginning of current year | 2016-12-31 | 0 |
Balance of prefunding at beginning of current year | 2016-12-31 | 11,993,854 |
Total employer contributions | 2016-12-31 | 2,000,000 |
Total employee contributions | 2016-12-31 | 0 |
Contributions allocated toward unpaid minimum require contributions from prior years | 2016-12-31 | 0 |
Contributions made to avoid restrictions adjusted to valuation date | 2016-12-31 | 0 |
Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2016-12-31 | 1,870,407 |
Unpaid minimum required contributions for all prior years | 2016-12-31 | 0 |
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2016-12-31 | 0 |
Remaining amount of unpaid minimum required contributions | 2016-12-31 | 0 |
Minimum required contributions for current year target normal cost | 2016-12-31 | 876,974 |
Net shortfall amortization installment of oustanding balance | 2016-12-31 | 0 |
Waiver amortization installment | 2016-12-31 | 0 |
Waived amount of outstanding balance | 2016-12-31 | 0 |
Total funding amount beforereflecting carryover/prefunding balances | 2016-12-31 | 0 |
Carryover balance elected to use to offset funding requirement | 2016-12-31 | 0 |
Prefunding balance elected to use to offset funding requirement | 2016-12-31 | 0 |
Additional cash requirement | 2016-12-31 | 0 |
Contributions allocatedtoward minimum required contributions for current year | 2016-12-31 | 1,870,407 |
Unpaid minimum required contributions for current year | 2016-12-31 | 0 |
Unpaid minimum required contributions for all years | 2016-12-31 | 0 |
Total participants, beginning-of-year | 2016-01-01 | 2,979 |
Total number of active participants reported on line 7a of the Form 5500 | 2016-01-01 | 464 |
Number of retired or separated participants receiving benefits | 2016-01-01 | 1,563 |
Number of other retired or separated participants entitled to future benefits | 2016-01-01 | 518 |
Total of all active and inactive participants | 2016-01-01 | 2,545 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2016-01-01 | 207 |
Total participants | 2016-01-01 | 2,752 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2016-01-01 | 0 |
2015: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2015 401k membership | ||
Total participants, beginning-of-year | 2015-01-01 | 3,068 |
Total number of active participants reported on line 7a of the Form 5500 | 2015-01-01 | 498 |
Number of retired or separated participants receiving benefits | 2015-01-01 | 1,561 |
Number of other retired or separated participants entitled to future benefits | 2015-01-01 | 711 |
Total of all active and inactive participants | 2015-01-01 | 2,770 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2015-01-01 | 209 |
Total participants | 2015-01-01 | 2,979 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2015-01-01 | 0 |
2014: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2014 401k membership | ||
Total participants, beginning-of-year | 2014-01-01 | 3,154 |
Total number of active participants reported on line 7a of the Form 5500 | 2014-01-01 | 549 |
Number of retired or separated participants receiving benefits | 2014-01-01 | 1,545 |
Number of other retired or separated participants entitled to future benefits | 2014-01-01 | 768 |
Total of all active and inactive participants | 2014-01-01 | 2,862 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2014-01-01 | 206 |
Total participants | 2014-01-01 | 3,068 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2014-01-01 | 1 |
2013: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2013 401k membership | ||
Total participants, beginning-of-year | 2013-01-01 | 3,220 |
Total number of active participants reported on line 7a of the Form 5500 | 2013-01-01 | 602 |
Number of retired or separated participants receiving benefits | 2013-01-01 | 1,526 |
Number of other retired or separated participants entitled to future benefits | 2013-01-01 | 825 |
Total of all active and inactive participants | 2013-01-01 | 2,953 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2013-01-01 | 201 |
Total participants | 2013-01-01 | 3,154 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2013-01-01 | 5 |
2012: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2012 401k membership | ||
Total participants, beginning-of-year | 2012-01-01 | 3,854 |
Total number of active participants reported on line 7a of the Form 5500 | 2012-01-01 | 651 |
Number of retired or separated participants receiving benefits | 2012-01-01 | 1,495 |
Number of other retired or separated participants entitled to future benefits | 2012-01-01 | 875 |
Total of all active and inactive participants | 2012-01-01 | 3,021 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2012-01-01 | 199 |
Total participants | 2012-01-01 | 3,220 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2012-01-01 | 8 |
2011: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2011 401k membership | ||
Total participants, beginning-of-year | 2011-01-01 | 816 |
Total number of active participants reported on line 7a of the Form 5500 | 2011-01-01 | 975 |
Number of retired or separated participants receiving benefits | 2011-01-01 | 1,634 |
Number of other retired or separated participants entitled to future benefits | 2011-01-01 | 990 |
Total of all active and inactive participants | 2011-01-01 | 3,599 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2011-01-01 | 255 |
Total participants | 2011-01-01 | 3,854 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2011-01-01 | 15 |
2010: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2010 401k membership | ||
Total participants, beginning-of-year | 2010-01-01 | 809 |
Total number of active participants reported on line 7a of the Form 5500 | 2010-01-01 | 502 |
Number of retired or separated participants receiving benefits | 2010-01-01 | 149 |
Number of other retired or separated participants entitled to future benefits | 2010-01-01 | 119 |
Total of all active and inactive participants | 2010-01-01 | 770 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2010-01-01 | 46 |
Total participants | 2010-01-01 | 816 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2010-01-01 | 20 |
2009: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2009 401k membership | ||
Total participants, beginning-of-year | 2009-01-01 | 923 |
Total number of active participants reported on line 7a of the Form 5500 | 2009-01-01 | 492 |
Number of retired or separated participants receiving benefits | 2009-01-01 | 153 |
Number of other retired or separated participants entitled to future benefits | 2009-01-01 | 116 |
Total of all active and inactive participants | 2009-01-01 | 761 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2009-01-01 | 48 |
Total participants | 2009-01-01 | 809 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2009-01-01 | 4 |
Measure | Date | Value |
---|---|---|
2022 : FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2022 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2022-12-31 | $-5,003,757 |
Total unrealized appreciation/depreciation of assets | 2022-12-31 | $-5,003,757 |
Total income from all sources (including contributions) | 2022-12-31 | $-20,442,344 |
Total loss/gain on sale of assets | 2022-12-31 | $-560,300 |
Total of all expenses incurred | 2022-12-31 | $9,889,640 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $9,197,869 |
Value of total assets at end of year | 2022-12-31 | $108,999,017 |
Value of total assets at beginning of year | 2022-12-31 | $139,331,001 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $691,771 |
Total interest from all sources | 2022-12-31 | $33,880 |
Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $3,605,562 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $3,605,562 |
Administrative expenses professional fees incurred | 2022-12-31 | $15,000 |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $695,522 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $709,930 |
Administrative expenses (other) incurred | 2022-12-31 | $407,408 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-30,331,984 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $108,999,017 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $139,331,001 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Investment advisory and management fees | 2022-12-31 | $269,363 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $89,048,284 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $120,095,843 |
Income. Interest from US Government securities | 2022-12-31 | $32,979 |
Value of interest in common/collective trusts at end of year | 2022-12-31 | $34,256 |
Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $44,362 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $901 |
Asset value of US Government securities at end of year | 2022-12-31 | $19,220,955 |
Asset value of US Government securities at beginning of year | 2022-12-31 | $18,480,866 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-18,517,729 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $9,197,869 |
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 | 2022-12-31 | No |
Did the plan have assets held for investment | 2022-12-31 | 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 | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Aggregate proceeds on sale of assets | 2022-12-31 | $8,074,154 |
Aggregate carrying amount (costs) on sale of assets | 2022-12-31 | $8,634,454 |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | GJC CPA'S & ADVISORS |
Accountancy firm EIN | 2022-12-31 | 270475249 |
2021 : FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2021 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2021-12-31 | $582,515 |
Total unrealized appreciation/depreciation of assets | 2021-12-31 | $582,515 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $52,424 |
Total income from all sources (including contributions) | 2021-12-31 | $1,991,382 |
Total loss/gain on sale of assets | 2021-12-31 | $-1,334,463 |
Total of all expenses incurred | 2021-12-31 | $11,243,478 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $10,428,786 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $0 |
Value of total assets at end of year | 2021-12-31 | $139,331,001 |
Value of total assets at beginning of year | 2021-12-31 | $148,635,521 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $814,692 |
Total interest from all sources | 2021-12-31 | $12,210 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $3,190,077 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $3,190,077 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2021-12-31 | $709,930 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2021-12-31 | $6 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2021-12-31 | $52,424 |
Administrative expenses (other) incurred | 2021-12-31 | $378,372 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $-9,252,096 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $139,331,001 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $148,583,097 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Investment advisory and management fees | 2021-12-31 | $436,320 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $120,095,843 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $130,948,511 |
Income. Interest from US Government securities | 2021-12-31 | $12,120 |
Value of interest in common/collective trusts at end of year | 2021-12-31 | $44,362 |
Value of interest in common/collective trusts at beginning of year | 2021-12-31 | $828,696 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $90 |
Asset value of US Government securities at end of year | 2021-12-31 | $18,480,866 |
Asset value of US Government securities at beginning of year | 2021-12-31 | $16,858,308 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $-458,957 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $10,428,786 |
Did the plan have assets held for investment | 2021-12-31 | 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 | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Aggregate proceeds on sale of assets | 2021-12-31 | $18,750,560 |
Aggregate carrying amount (costs) on sale of assets | 2021-12-31 | $20,085,023 |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | BDO USA LLP |
Accountancy firm EIN | 2021-12-31 | 135381590 |
2020 : FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2020 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2020-12-31 | $-817,098 |
Total unrealized appreciation/depreciation of assets | 2020-12-31 | $-817,098 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $52,424 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $0 |
Total income from all sources (including contributions) | 2020-12-31 | $13,770,235 |
Total loss/gain on sale of assets | 2020-12-31 | $-453,833 |
Total of all expenses incurred | 2020-12-31 | $11,891,665 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $10,790,004 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $0 |
Value of total assets at end of year | 2020-12-31 | $148,635,521 |
Value of total assets at beginning of year | 2020-12-31 | $146,704,527 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $1,101,661 |
Total interest from all sources | 2020-12-31 | $3,993,822 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $3,580,261 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $3,580,261 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2020-12-31 | $6 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2020-12-31 | $92 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2020-12-31 | $52,424 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2020-12-31 | $0 |
Administrative expenses (other) incurred | 2020-12-31 | $532,503 |
Total non interest bearing cash at end of year | 2020-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2020-12-31 | $979 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $1,878,570 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $148,583,097 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $146,704,527 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Investment advisory and management fees | 2020-12-31 | $569,158 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $130,948,511 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $128,399,269 |
Income. Interest from US Government securities | 2020-12-31 | $3,993,351 |
Value of interest in common/collective trusts at end of year | 2020-12-31 | $828,696 |
Value of interest in common/collective trusts at beginning of year | 2020-12-31 | $755,856 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $471 |
Asset value of US Government securities at end of year | 2020-12-31 | $16,858,308 |
Asset value of US Government securities at beginning of year | 2020-12-31 | $17,548,331 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $7,467,083 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $10,790,004 |
Did the plan have assets held for investment | 2020-12-31 | 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 | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Aggregate proceeds on sale of assets | 2020-12-31 | $17,094,498 |
Aggregate carrying amount (costs) on sale of assets | 2020-12-31 | $17,548,331 |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Unqualified |
Accountancy firm name | 2020-12-31 | BDO USA LLP |
Accountancy firm EIN | 2020-12-31 | 135381590 |
2019 : FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2019 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2019-12-31 | $1,346,774 |
Total unrealized appreciation/depreciation of assets | 2019-12-31 | $1,346,774 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $0 |
Total income from all sources (including contributions) | 2019-12-31 | $20,771,195 |
Total loss/gain on sale of assets | 2019-12-31 | $-435,492 |
Total of all expenses incurred | 2019-12-31 | $10,787,076 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $9,884,342 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $0 |
Value of total assets at end of year | 2019-12-31 | $146,704,527 |
Value of total assets at beginning of year | 2019-12-31 | $136,720,408 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $902,734 |
Total interest from all sources | 2019-12-31 | $1,378,588 |
Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $4,231,721 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2019-12-31 | $4,231,721 |
Administrative expenses professional fees incurred | 2019-12-31 | $16,300 |
Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
Value of fidelity bond cover | 2019-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2019-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2019-12-31 | $92 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2019-12-31 | $749,925 |
Administrative expenses (other) incurred | 2019-12-31 | $391,854 |
Total non interest bearing cash at end of year | 2019-12-31 | $979 |
Total non interest bearing cash at beginning of year | 2019-12-31 | $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 | 2019-12-31 | No |
Value of net income/loss | 2019-12-31 | $9,984,119 |
Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $146,704,527 |
Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $136,720,408 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
Investment advisory and management fees | 2019-12-31 | $494,580 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2019-12-31 | $128,399,269 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2019-12-31 | $114,020,363 |
Income. Interest from US Government securities | 2019-12-31 | $1,378,551 |
Value of interest in common/collective trusts at end of year | 2019-12-31 | $755,856 |
Value of interest in common/collective trusts at beginning of year | 2019-12-31 | $47,331 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2019-12-31 | $37 |
Asset value of US Government securities at end of year | 2019-12-31 | $17,548,331 |
Asset value of US Government securities at beginning of year | 2019-12-31 | $20,402,789 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2019-12-31 | $14,245,869 |
Net investment gain or loss from common/collective trusts | 2019-12-31 | $3,735 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
Employer contributions (assets) at end of year | 2019-12-31 | $0 |
Employer contributions (assets) at beginning of year | 2019-12-31 | $1,500,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $9,884,342 |
Did the plan have assets held for investment | 2019-12-31 | 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 | 2019-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
Aggregate proceeds on sale of assets | 2019-12-31 | $20,035,886 |
Aggregate carrying amount (costs) on sale of assets | 2019-12-31 | $20,471,378 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
Accountancy firm name | 2019-12-31 | CROWE LLP |
Accountancy firm EIN | 2019-12-31 | 350921680 |
2018 : FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2018 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2018-12-31 | $449,342 |
Total unrealized appreciation/depreciation of assets | 2018-12-31 | $449,342 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $0 |
Total income from all sources (including contributions) | 2018-12-31 | $-1,590,846 |
Total loss/gain on sale of assets | 2018-12-31 | $-676,464 |
Total of all expenses incurred | 2018-12-31 | $11,754,103 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $10,967,972 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $1,500,000 |
Value of total assets at end of year | 2018-12-31 | $136,720,408 |
Value of total assets at beginning of year | 2018-12-31 | $150,065,357 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $786,131 |
Total interest from all sources | 2018-12-31 | $99,420 |
Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $4,175,750 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2018-12-31 | $4,175,750 |
Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
Value of fidelity bond cover | 2018-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2018-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2018-12-31 | $749,925 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2018-12-31 | $168 |
Administrative expenses (other) incurred | 2018-12-31 | $402,165 |
Total non interest bearing cash at end of year | 2018-12-31 | $0 |
Total non interest bearing cash at beginning of year | 2018-12-31 | $74 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
Value of net income/loss | 2018-12-31 | $-13,344,949 |
Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $136,720,408 |
Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $150,065,357 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
Investment advisory and management fees | 2018-12-31 | $383,966 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2018-12-31 | $114,020,363 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2018-12-31 | $128,074,884 |
Income. Interest from US Government securities | 2018-12-31 | $99,420 |
Value of interest in common/collective trusts at end of year | 2018-12-31 | $47,331 |
Value of interest in common/collective trusts at beginning of year | 2018-12-31 | $814,486 |
Asset value of US Government securities at end of year | 2018-12-31 | $20,402,789 |
Asset value of US Government securities at beginning of year | 2018-12-31 | $19,175,745 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2018-12-31 | $-7,144,138 |
Net investment gain or loss from common/collective trusts | 2018-12-31 | $5,244 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
Contributions received in cash from employer | 2018-12-31 | $1,500,000 |
Employer contributions (assets) at end of year | 2018-12-31 | $1,500,000 |
Employer contributions (assets) at beginning of year | 2018-12-31 | $2,000,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $10,967,972 |
Did the plan have assets held for investment | 2018-12-31 | 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 | 2018-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
Aggregate proceeds on sale of assets | 2018-12-31 | $19,765,355 |
Aggregate carrying amount (costs) on sale of assets | 2018-12-31 | $20,441,819 |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
Accountancy firm name | 2018-12-31 | CROWE LLP |
Accountancy firm EIN | 2018-12-31 | 350921680 |
2017 : FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2017 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2017-12-31 | $472,030 |
Total unrealized appreciation/depreciation of assets | 2017-12-31 | $472,030 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $0 |
Total income from all sources (including contributions) | 2017-12-31 | $19,042,950 |
Total loss/gain on sale of assets | 2017-12-31 | $0 |
Total of all expenses incurred | 2017-12-31 | $12,540,227 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $11,480,086 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $2,000,000 |
Value of total assets at end of year | 2017-12-31 | $150,065,357 |
Value of total assets at beginning of year | 2017-12-31 | $143,562,634 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $1,060,141 |
Total interest from all sources | 2017-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $3,620,564 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2017-12-31 | $3,620,564 |
Administrative expenses professional fees incurred | 2017-12-31 | $114,248 |
Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
Value of fidelity bond cover | 2017-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2017-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2017-12-31 | $168 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2017-12-31 | $63 |
Administrative expenses (other) incurred | 2017-12-31 | $362,156 |
Total non interest bearing cash at end of year | 2017-12-31 | $74 |
Total non interest bearing cash at beginning of year | 2017-12-31 | $58,139 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
Value of net income/loss | 2017-12-31 | $6,502,723 |
Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $150,065,357 |
Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $143,562,634 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
Investment advisory and management fees | 2017-12-31 | $549,333 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2017-12-31 | $128,074,884 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2017-12-31 | $124,373,145 |
Value of interest in common/collective trusts at end of year | 2017-12-31 | $814,486 |
Value of interest in common/collective trusts at beginning of year | 2017-12-31 | $762,979 |
Asset value of US Government securities at end of year | 2017-12-31 | $19,175,745 |
Asset value of US Government securities at beginning of year | 2017-12-31 | $16,368,308 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2017-12-31 | $12,586,561 |
Net investment gain or loss from common/collective trusts | 2017-12-31 | $363,795 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
Contributions received in cash from employer | 2017-12-31 | $2,000,000 |
Employer contributions (assets) at end of year | 2017-12-31 | $2,000,000 |
Employer contributions (assets) at beginning of year | 2017-12-31 | $2,000,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $11,480,086 |
Contract administrator fees | 2017-12-31 | $34,404 |
Did the plan have assets held for investment | 2017-12-31 | 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 | 2017-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
Accountancy firm name | 2017-12-31 | CROWE LLP |
Accountancy firm EIN | 2017-12-31 | 350921680 |
2016 : FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2016 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2016-12-31 | $-506,227 |
Total unrealized appreciation/depreciation of assets | 2016-12-31 | $-506,227 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $0 |
Total income from all sources (including contributions) | 2016-12-31 | $12,671,584 |
Total loss/gain on sale of assets | 2016-12-31 | $0 |
Total of all expenses incurred | 2016-12-31 | $13,584,442 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $12,315,248 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $2,000,000 |
Value of total assets at end of year | 2016-12-31 | $143,562,634 |
Value of total assets at beginning of year | 2016-12-31 | $144,475,492 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $1,269,194 |
Total interest from all sources | 2016-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $3,639,023 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2016-12-31 | $3,639,023 |
Administrative expenses professional fees incurred | 2016-12-31 | $234,648 |
Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
Value of fidelity bond cover | 2016-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2016-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2016-12-31 | $63 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2016-12-31 | $812,003 |
Administrative expenses (other) incurred | 2016-12-31 | $527,571 |
Total non interest bearing cash at end of year | 2016-12-31 | $58,139 |
Total non interest bearing cash at beginning of year | 2016-12-31 | $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 | 2016-12-31 | No |
Value of net income/loss | 2016-12-31 | $-912,858 |
Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $143,562,634 |
Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $144,475,492 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
Investment advisory and management fees | 2016-12-31 | $472,571 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2016-12-31 | $124,373,145 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2016-12-31 | $125,855,544 |
Value of interest in common/collective trusts at end of year | 2016-12-31 | $762,979 |
Value of interest in common/collective trusts at beginning of year | 2016-12-31 | $9,019 |
Asset value of US Government securities at end of year | 2016-12-31 | $16,368,308 |
Asset value of US Government securities at beginning of year | 2016-12-31 | $15,798,926 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2016-12-31 | $7,538,206 |
Net investment gain or loss from common/collective trusts | 2016-12-31 | $582 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
Contributions received in cash from employer | 2016-12-31 | $2,000,000 |
Employer contributions (assets) at end of year | 2016-12-31 | $2,000,000 |
Employer contributions (assets) at beginning of year | 2016-12-31 | $2,000,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $12,315,248 |
Contract administrator fees | 2016-12-31 | $34,404 |
Did the plan have assets held for investment | 2016-12-31 | 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 | 2016-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
Accountancy firm name | 2016-12-31 | CROWE HORWATH LLP |
Accountancy firm EIN | 2016-12-31 | 350921680 |
2015 : FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2015 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2015-12-31 | $-904,512 |
Total unrealized appreciation/depreciation of assets | 2015-12-31 | $-904,512 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $0 |
Total income from all sources (including contributions) | 2015-12-31 | $-683,924 |
Total loss/gain on sale of assets | 2015-12-31 | $0 |
Total of all expenses incurred | 2015-12-31 | $12,456,082 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $11,535,833 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $2,000,405 |
Value of total assets at end of year | 2015-12-31 | $144,475,492 |
Value of total assets at beginning of year | 2015-12-31 | $157,615,498 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $920,249 |
Total interest from all sources | 2015-12-31 | $3,443,758 |
Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $3,660,086 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2015-12-31 | $3,660,086 |
Administrative expenses professional fees incurred | 2015-12-31 | $118,516 |
Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
Value of fidelity bond cover | 2015-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2015-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | Yes |
Amount of non-exempt transactions with any party-in-interest | 2015-12-31 | $12,900 |
Income. Received or receivable in cash from other sources (including rollovers) | 2015-12-31 | $405 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2015-12-31 | $812,003 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2015-12-31 | $2,383,508 |
Administrative expenses (other) incurred | 2015-12-31 | $370,316 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
Value of net income/loss | 2015-12-31 | $-13,140,006 |
Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $144,475,492 |
Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $157,615,498 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
Investment advisory and management fees | 2015-12-31 | $397,013 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2015-12-31 | $125,855,544 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2015-12-31 | $124,595,490 |
Income. Interest from US Government securities | 2015-12-31 | $3,443,758 |
Value of interest in common/collective trusts at end of year | 2015-12-31 | $9,019 |
Value of interest in common/collective trusts at beginning of year | 2015-12-31 | $9,946 |
Asset value of US Government securities at end of year | 2015-12-31 | $15,798,926 |
Asset value of US Government securities at beginning of year | 2015-12-31 | $27,626,554 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2015-12-31 | $-8,883,760 |
Net investment gain or loss from common/collective trusts | 2015-12-31 | $99 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
Contributions received in cash from employer | 2015-12-31 | $2,000,000 |
Employer contributions (assets) at end of year | 2015-12-31 | $2,000,000 |
Employer contributions (assets) at beginning of year | 2015-12-31 | $3,000,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $11,535,833 |
Contract administrator fees | 2015-12-31 | $34,404 |
Did the plan have assets held for investment | 2015-12-31 | 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 | 2015-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
Accountancy firm name | 2015-12-31 | CROWE HORWATH LLP |
Accountancy firm EIN | 2015-12-31 | 350921680 |
2014 : FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2014 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2014-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $43,542,769 |
Total income from all sources (including contributions) | 2014-12-31 | $18,021,075 |
Total loss/gain on sale of assets | 2014-12-31 | $0 |
Total of all expenses incurred | 2014-12-31 | $11,436,451 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $10,632,183 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $4,100,000 |
Value of total assets at end of year | 2014-12-31 | $157,615,498 |
Value of total assets at beginning of year | 2014-12-31 | $194,573,643 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $804,268 |
Total interest from all sources | 2014-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $3,831,545 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2014-12-31 | $3,831,545 |
Administrative expenses professional fees incurred | 2014-12-31 | $218,426 |
Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
Value of fidelity bond cover | 2014-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2014-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | Yes |
Amount of non-exempt transactions with any party-in-interest | 2014-12-31 | $12,900 |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2014-12-31 | $2,383,508 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2014-12-31 | $44,340,777 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2014-12-31 | $0 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2014-12-31 | $43,542,769 |
Administrative expenses (other) incurred | 2014-12-31 | $192,094 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
Value of net income/loss | 2014-12-31 | $6,584,624 |
Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $157,615,498 |
Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $151,030,874 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
Investment advisory and management fees | 2014-12-31 | $298,854 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2014-12-31 | $124,595,490 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2014-12-31 | $145,127,186 |
Value of interest in common/collective trusts at end of year | 2014-12-31 | $9,946 |
Value of interest in common/collective trusts at beginning of year | 2014-12-31 | $35,680 |
Asset value of US Government securities at end of year | 2014-12-31 | $27,626,554 |
Asset value of US Government securities at beginning of year | 2014-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2014-12-31 | $10,089,433 |
Net investment gain or loss from common/collective trusts | 2014-12-31 | $97 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
Contributions received in cash from employer | 2014-12-31 | $4,100,000 |
Employer contributions (assets) at end of year | 2014-12-31 | $3,000,000 |
Employer contributions (assets) at beginning of year | 2014-12-31 | $5,070,000 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $10,632,183 |
Contract administrator fees | 2014-12-31 | $94,894 |
Did the plan have assets held for investment | 2014-12-31 | 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 | 2014-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
Accountancy firm name | 2014-12-31 | CROWE HORWATH LLP |
Accountancy firm EIN | 2014-12-31 | 350921680 |
2013 : FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2013 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2013-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $43,542,769 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $0 |
Total income from all sources (including contributions) | 2013-12-31 | $31,194,276 |
Total loss/gain on sale of assets | 2013-12-31 | $0 |
Total of all expenses incurred | 2013-12-31 | $11,294,302 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $10,312,709 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $6,870,029 |
Value of total assets at end of year | 2013-12-31 | $194,573,643 |
Value of total assets at beginning of year | 2013-12-31 | $131,130,900 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $981,593 |
Total interest from all sources | 2013-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $3,412,028 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2013-12-31 | $3,412,028 |
Administrative expenses professional fees incurred | 2013-12-31 | $94,743 |
Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
Value of fidelity bond cover | 2013-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2013-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2013-12-31 | $44,340,777 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2013-12-31 | $780,000 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2013-12-31 | $43,542,769 |
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2013-12-31 | $0 |
Administrative expenses (other) incurred | 2013-12-31 | $334,165 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
Value of net income/loss | 2013-12-31 | $19,899,974 |
Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $151,030,874 |
Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $131,130,900 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
Investment advisory and management fees | 2013-12-31 | $457,386 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2013-12-31 | $145,127,186 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2013-12-31 | $125,091,600 |
Value of interest in common/collective trusts at end of year | 2013-12-31 | $35,680 |
Value of interest in common/collective trusts at beginning of year | 2013-12-31 | $47,000 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2013-12-31 | $20,911,987 |
Net investment gain or loss from common/collective trusts | 2013-12-31 | $232 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
Contributions received in cash from employer | 2013-12-31 | $6,870,029 |
Employer contributions (assets) at end of year | 2013-12-31 | $5,070,000 |
Employer contributions (assets) at beginning of year | 2013-12-31 | $5,212,300 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $10,312,709 |
Contract administrator fees | 2013-12-31 | $95,299 |
Did the plan have assets held for investment | 2013-12-31 | 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 | 2013-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
Accountancy firm name | 2013-12-31 | CROWE HORWATH LLP |
Accountancy firm EIN | 2013-12-31 | 350921680 |
2012 : FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2012 401k financial data | ||
Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $0 |
Total income from all sources (including contributions) | 2012-12-31 | $23,148,780 |
Total loss/gain on sale of assets | 2012-12-31 | $0 |
Total of all expenses incurred | 2012-12-31 | $11,524,680 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $10,321,800 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $6,537,500 |
Value of total assets at end of year | 2012-12-31 | $131,130,900 |
Value of total assets at beginning of year | 2012-12-31 | $119,506,800 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $1,202,880 |
Total interest from all sources | 2012-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $3,279,900 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2012-12-31 | $3,279,900 |
Administrative expenses professional fees incurred | 2012-12-31 | $319,812 |
Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
Value of fidelity bond cover | 2012-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2012-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2012-12-31 | $780,000 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2012-12-31 | $584,800 |
Administrative expenses (other) incurred | 2012-12-31 | $364,512 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
Value of net income/loss | 2012-12-31 | $11,624,100 |
Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $131,130,900 |
Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $119,506,800 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
Investment advisory and management fees | 2012-12-31 | $326,248 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2012-12-31 | $125,091,600 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2012-12-31 | $113,252,500 |
Value of interest in common/collective trusts at end of year | 2012-12-31 | $47,000 |
Value of interest in common/collective trusts at beginning of year | 2012-12-31 | $844,700 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2012-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2012-12-31 | $0 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2012-12-31 | $0 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2012-12-31 | $13,331,180 |
Net investment gain or loss from common/collective trusts | 2012-12-31 | $200 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
Contributions received in cash from employer | 2012-12-31 | $6,537,500 |
Employer contributions (assets) at end of year | 2012-12-31 | $5,212,300 |
Employer contributions (assets) at beginning of year | 2012-12-31 | $4,824,800 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $10,321,800 |
Contract administrator fees | 2012-12-31 | $192,308 |
Did the plan have assets held for investment | 2012-12-31 | 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 | 2012-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
Accountancy firm name | 2012-12-31 | CROWE HORWATH LLP |
Accountancy firm EIN | 2012-12-31 | 350921680 |
2011 : FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2011 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2011-12-31 | $-10,400 |
Total unrealized appreciation/depreciation of assets | 2011-12-31 | $-10,400 |
Total transfer of assets to this plan | 2011-12-31 | $89,618,200 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $0 |
Total income from all sources (including contributions) | 2011-12-31 | $4,481,700 |
Total loss/gain on sale of assets | 2011-12-31 | $0 |
Total of all expenses incurred | 2011-12-31 | $4,242,200 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $4,046,900 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $4,824,800 |
Value of total assets at end of year | 2011-12-31 | $119,506,800 |
Value of total assets at beginning of year | 2011-12-31 | $29,649,100 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $195,300 |
Total interest from all sources | 2011-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $789,886 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2011-12-31 | $782,286 |
Administrative expenses professional fees incurred | 2011-12-31 | $34,309 |
Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
Value of fidelity bond cover | 2011-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2011-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2011-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
Value of other receiveables (less allowance for doubtful accounts) at end of year | 2011-12-31 | $584,800 |
Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2011-12-31 | $0 |
Administrative expenses (other) incurred | 2011-12-31 | $34,699 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
Value of net income/loss | 2011-12-31 | $239,500 |
Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $119,506,800 |
Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $29,649,100 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
Investment advisory and management fees | 2011-12-31 | $100,917 |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2011-12-31 | $113,252,500 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2011-12-31 | $25,954,000 |
Value of interest in common/collective trusts at end of year | 2011-12-31 | $844,700 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2011-12-31 | $0 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2011-12-31 | $169,300 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2011-12-31 | $169,300 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2011-12-31 | $-1,122,800 |
Net investment gain or loss from common/collective trusts | 2011-12-31 | $214 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
Assets. Invements in employer securities at end of year | 2011-12-31 | $0 |
Assets. Invements in employer securities at beginning of year | 2011-12-31 | $737,400 |
Contributions received in cash from employer | 2011-12-31 | $4,824,800 |
Employer contributions (assets) at end of year | 2011-12-31 | $4,824,800 |
Employer contributions (assets) at beginning of year | 2011-12-31 | $2,788,400 |
Income. Dividends from common stock | 2011-12-31 | $7,600 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $4,046,900 |
Contract administrator fees | 2011-12-31 | $25,375 |
Did the plan have assets held for investment | 2011-12-31 | 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 | 2011-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
Accountancy firm name | 2011-12-31 | CROWE HORWATH LLP |
Accountancy firm EIN | 2011-12-31 | 350921680 |
2010 : FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2010 401k financial data | ||
Unrealized appreciation/depreciation of other (non real estate) assets | 2010-12-31 | $2,468,500 |
Total unrealized appreciation/depreciation of assets | 2010-12-31 | $2,468,500 |
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $0 |
Total income from all sources (including contributions) | 2010-12-31 | $7,537,100 |
Total loss/gain on sale of assets | 2010-12-31 | $0 |
Total of all expenses incurred | 2010-12-31 | $3,620,600 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $3,336,300 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $4,153,600 |
Value of total assets at end of year | 2010-12-31 | $29,649,100 |
Value of total assets at beginning of year | 2010-12-31 | $25,732,600 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $284,300 |
Total interest from all sources | 2010-12-31 | $0 |
Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $728,000 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2010-12-31 | $728,000 |
Administrative expenses professional fees incurred | 2010-12-31 | $284,300 |
Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
Value of fidelity bond cover | 2010-12-31 | $10,000,000 |
If this is an individual account plan, was there a blackout period | 2010-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
Liabilities. Value of operating payables at beginning of year | 2010-12-31 | $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 | 2010-12-31 | No |
Value of net income/loss | 2010-12-31 | $3,916,500 |
Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $29,649,100 |
Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $25,732,600 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2010-12-31 | $25,954,000 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2010-12-31 | $23,057,400 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2010-12-31 | $169,300 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2010-12-31 | $172,100 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2010-12-31 | $172,100 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2010-12-31 | $187,000 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | Yes |
Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
Assets. Invements in employer securities at end of year | 2010-12-31 | $737,400 |
Assets. Invements in employer securities at beginning of year | 2010-12-31 | $550,400 |
Contributions received in cash from employer | 2010-12-31 | $4,153,600 |
Employer contributions (assets) at end of year | 2010-12-31 | $2,788,400 |
Employer contributions (assets) at beginning of year | 2010-12-31 | $1,952,700 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $3,336,300 |
Did the plan have assets held for investment | 2010-12-31 | 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 | 2010-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
Accountancy firm name | 2010-12-31 | CROWE HORWATH LLP |
Accountancy firm EIN | 2010-12-31 | 350921680 |
2009 : FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2009 401k financial data | ||
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2009-12-31 | $0 |
2022: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2022 form 5500 responses | ||
---|---|---|
2022-01-01 | Type of plan entity | Single employer plan |
2022-01-01 | Plan funding arrangement – Trust | Yes |
2022-01-01 | Plan benefit arrangement - Trust | Yes |
2021: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2021 form 5500 responses | ||
2021-01-01 | Type of plan entity | Single employer plan |
2021-01-01 | Submission has been amended | No |
2021-01-01 | This submission is the final filing | No |
2021-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2021-01-01 | Plan is a collectively bargained plan | No |
2021-01-01 | Plan funding arrangement – Trust | Yes |
2021-01-01 | Plan benefit arrangement - Trust | Yes |
2020: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2020 form 5500 responses | ||
2020-01-01 | Type of plan entity | Single employer plan |
2020-01-01 | Submission has been amended | No |
2020-01-01 | This submission is the final filing | No |
2020-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2020-01-01 | Plan is a collectively bargained plan | No |
2020-01-01 | Plan funding arrangement – Trust | Yes |
2020-01-01 | Plan benefit arrangement - Trust | Yes |
2019: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2019 form 5500 responses | ||
2019-01-01 | Type of plan entity | Single employer plan |
2019-01-01 | Submission has been amended | No |
2019-01-01 | This submission is the final filing | No |
2019-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2019-01-01 | Plan is a collectively bargained plan | No |
2019-01-01 | Plan funding arrangement – Trust | Yes |
2019-01-01 | Plan benefit arrangement - Trust | Yes |
2018: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2018 form 5500 responses | ||
2018-01-01 | Type of plan entity | Single employer plan |
2018-01-01 | Submission has been amended | No |
2018-01-01 | This submission is the final filing | No |
2018-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2018-01-01 | Plan is a collectively bargained plan | No |
2018-01-01 | Plan funding arrangement – Trust | Yes |
2018-01-01 | Plan benefit arrangement - Trust | Yes |
2017: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2017 form 5500 responses | ||
2017-01-01 | Type of plan entity | Single employer plan |
2017-01-01 | Submission has been amended | No |
2017-01-01 | This submission is the final filing | No |
2017-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2017-01-01 | Plan is a collectively bargained plan | No |
2017-01-01 | Plan funding arrangement – Trust | Yes |
2017-01-01 | Plan benefit arrangement - Trust | Yes |
2016: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2016 form 5500 responses | ||
2016-01-01 | Type of plan entity | Single employer plan |
2016-01-01 | Submission has been amended | No |
2016-01-01 | This submission is the final filing | No |
2016-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2016-01-01 | Plan is a collectively bargained plan | No |
2016-01-01 | Plan funding arrangement – Trust | Yes |
2016-01-01 | Plan benefit arrangement - Trust | Yes |
2015: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2015 form 5500 responses | ||
2015-01-01 | Type of plan entity | Single employer plan |
2015-01-01 | Submission has been amended | No |
2015-01-01 | This submission is the final filing | No |
2015-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2015-01-01 | Plan is a collectively bargained plan | No |
2015-01-01 | Plan funding arrangement – Trust | Yes |
2015-01-01 | Plan benefit arrangement - Trust | Yes |
2014: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2014 form 5500 responses | ||
2014-01-01 | Type of plan entity | Single employer plan |
2014-01-01 | Submission has been amended | No |
2014-01-01 | This submission is the final filing | No |
2014-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2014-01-01 | Plan is a collectively bargained plan | No |
2014-01-01 | Plan funding arrangement – Trust | Yes |
2014-01-01 | Plan benefit arrangement - Trust | Yes |
2013: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2013 form 5500 responses | ||
2013-01-01 | Type of plan entity | Single employer plan |
2013-01-01 | Submission has been amended | No |
2013-01-01 | This submission is the final filing | No |
2013-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2013-01-01 | Plan is a collectively bargained plan | No |
2013-01-01 | Plan funding arrangement – Trust | Yes |
2013-01-01 | Plan benefit arrangement - Trust | Yes |
2012: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2012 form 5500 responses | ||
2012-01-01 | Type of plan entity | Single employer plan |
2012-01-01 | Submission has been amended | No |
2012-01-01 | This submission is the final filing | No |
2012-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2012-01-01 | Plan is a collectively bargained plan | No |
2012-01-01 | Plan funding arrangement – Trust | Yes |
2012-01-01 | Plan benefit arrangement - Trust | Yes |
2011: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2011 form 5500 responses | ||
2011-01-01 | Type of plan entity | Single employer plan |
2011-01-01 | Submission has been amended | No |
2011-01-01 | This submission is the final filing | No |
2011-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2011-01-01 | Plan is a collectively bargained plan | No |
2011-01-01 | Plan funding arrangement – Trust | Yes |
2011-01-01 | Plan benefit arrangement - Trust | Yes |
2010: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2010 form 5500 responses | ||
2010-01-01 | Type of plan entity | Single employer plan |
2010-01-01 | Submission has been amended | No |
2010-01-01 | This submission is the final filing | No |
2010-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2010-01-01 | Plan is a collectively bargained plan | No |
2010-01-01 | Plan funding arrangement – Trust | Yes |
2010-01-01 | Plan benefit arrangement - Trust | Yes |
2009: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2009 form 5500 responses | ||
2009-01-01 | Type of plan entity | Single employer plan |
2009-01-01 | Submission has been amended | No |
2009-01-01 | This submission is the final filing | No |
2009-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2009-01-01 | Plan is a collectively bargained plan | No |
2009-01-01 | Plan funding arrangement – Trust | Yes |
2009-01-01 | Plan benefit arrangement - Trust | Yes |