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FRANKLIN ELECTRIC CO., INC. PENSION PLAN 401k Plan overview

Plan NameFRANKLIN ELECTRIC CO., INC. PENSION PLAN
Plan identification number 002

FRANKLIN ELECTRIC CO., INC. PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
  • Covered by PBGC - Plan is covered under the PBGC insurance program (see ERISA section 4021).

401k Sponsoring company profile

FRANKLIN ELECTRIC COMPANY, INC. has sponsored the creation of one or more 401k plans.

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.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FRANKLIN ELECTRIC CO., INC. PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01KAY SCHUMM
0022016-01-01JONATHAN GRANDON
0022015-01-01
0022014-01-01THOMAS J. STRUPP
0022013-01-01KAY SCHUMM
0022012-01-01KAY SCHUMM
0022011-01-01THOMAS STRUPP THOMAS STRUPP2012-10-15
0022010-01-01KAY SCHUMM KAY SCHUMM2011-10-17
0022009-01-01KAY SCHUMM KAY SCHUMM2010-10-15

Plan Statistics for FRANKLIN ELECTRIC CO., INC. PENSION PLAN

401k plan membership statisitcs for FRANKLIN ELECTRIC CO., INC. PENSION PLAN

Measure Date Value
2022: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2022 401k membership
Market value of plan assets2022-12-31139,331,001
Acturial value of plan assets2022-12-31140,018,280
Funding target for retired participants and beneficiaries receiving payment2022-12-3181,548,001
Number of terminated vested participants2022-12-31465
Fundng target for terminated vested participants2022-12-3113,956,343
Active participant vested funding target2022-12-3112,643,515
Number of active participants2022-12-31249
Total funding liabilities for active participants2022-12-3112,735,074
Total participant count2022-12-312,381
Total funding target for all participants2022-12-31108,239,418
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-3120,930,398
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-310
Amount remaining of prefunding balance2022-12-3120,930,398
Present value of excess contributions2022-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-310
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-3121,158,539
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-31380,000
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-310
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
Total participants, beginning-of-year2022-01-012,381
Total number of active participants reported on line 7a of the Form 55002022-01-01220
Number of retired or separated participants receiving benefits2022-01-011,411
Number of other retired or separated participants entitled to future benefits2022-01-01431
Total of all active and inactive participants2022-01-012,062
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-01224
Total participants2022-01-012,286
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2021 401k membership
Market value of plan assets2021-12-31148,583,097
Acturial value of plan assets2021-12-31140,114,350
Funding target for retired participants and beneficiaries receiving payment2021-12-3184,409,327
Number of terminated vested participants2021-12-31496
Fundng target for terminated vested participants2021-12-3115,388,739
Active participant vested funding target2021-12-3113,509,202
Number of active participants2021-12-31271
Total funding liabilities for active participants2021-12-3113,601,601
Total participant count2021-12-312,455
Total funding target for all participants2021-12-31113,399,667
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-3119,140,739
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-310
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-3119,140,739
Present value of excess contributions2021-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-310
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-3120,930,398
Total employer contributions2021-12-310
Total employee contributions2021-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-310
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-31400,000
Net shortfall amortization installment of oustanding balance2021-12-310
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-310
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
Total participants, beginning-of-year2021-01-012,455
Total number of active participants reported on line 7a of the Form 55002021-01-01249
Number of retired or separated participants receiving benefits2021-01-011,451
Number of other retired or separated participants entitled to future benefits2021-01-01453
Total of all active and inactive participants2021-01-012,153
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-01228
Total participants2021-01-012,381
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2020 401k membership
Market value of plan assets2020-12-31146,704,527
Acturial value of plan assets2020-12-31142,108,994
Funding target for retired participants and beneficiaries receiving payment2020-12-3190,037,498
Number of terminated vested participants2020-12-31508
Fundng target for terminated vested participants2020-12-3115,848,422
Active participant vested funding target2020-12-3116,146,180
Number of active participants2020-12-31320
Total funding liabilities for active participants2020-12-3116,263,521
Total participant count2020-12-312,545
Total funding target for all participants2020-12-31122,149,441
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-3116,562,031
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-3116,562,031
Present value of excess contributions2020-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-3119,140,739
Total employer contributions2020-12-310
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-310
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-31480,000
Net shortfall amortization installment of oustanding balance2020-12-310
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-310
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-310
Contributions allocatedtoward minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
Total participants, beginning-of-year2020-01-012,545
Total number of active participants reported on line 7a of the Form 55002020-01-01271
Number of retired or separated participants receiving benefits2020-01-011,476
Number of other retired or separated participants entitled to future benefits2020-01-01487
Total of all active and inactive participants2020-01-012,234
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-01221
Total participants2020-01-012,455
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2019 401k membership
Market value of plan assets2019-12-31136,664,763
Acturial value of plan assets2019-12-31141,893,888
Funding target for retired participants and beneficiaries receiving payment2019-12-3191,433,130
Number of terminated vested participants2019-12-31515
Fundng target for terminated vested participants2019-12-3115,223,627
Active participant vested funding target2019-12-3117,965,486
Number of active participants2019-12-31366
Total funding liabilities for active participants2019-12-3118,129,209
Total participant count2019-12-312,615
Total funding target for all participants2019-12-31124,785,966
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-3118,604,826
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-3118,604,826
Present value of excess contributions2019-12-311,368,278
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-311,444,354
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-311,600,000
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-3116,562,031
Total employer contributions2019-12-310
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-310
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-31480,000
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-310
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
Total participants, beginning-of-year2019-01-012,615
Total number of active participants reported on line 7a of the Form 55002019-01-01320
Number of retired or separated participants receiving benefits2019-01-011,513
Number of other retired or separated participants entitled to future benefits2019-01-01498
Total of all active and inactive participants2019-01-012,331
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-01214
Total participants2019-01-012,545
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2018 401k membership
Market value of plan assets2018-12-31150,016,933
Acturial value of plan assets2018-12-31144,210,439
Funding target for retired participants and beneficiaries receiving payment2018-12-3190,486,550
Number of terminated vested participants2018-12-31491
Fundng target for terminated vested participants2018-12-3114,735,829
Active participant vested funding target2018-12-3119,363,398
Number of active participants2018-12-31427
Total funding liabilities for active participants2018-12-3119,566,499
Total participant count2018-12-312,689
Total funding target for all participants2018-12-31124,788,878
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-3114,857,599
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-310
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-3114,857,599
Present value of excess contributions2018-12-311,845,287
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-311,951,576
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-311,945,000
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-3118,604,826
Total employer contributions2018-12-311,500,000
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-311,368,278
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-31520,000
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-310
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-310
Contributions allocatedtoward minimum required contributions for current year2018-12-311,368,278
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
Total participants, beginning-of-year2018-01-012,689
Total number of active participants reported on line 7a of the Form 55002018-01-01366
Number of retired or separated participants receiving benefits2018-01-011,526
Number of other retired or separated participants entitled to future benefits2018-01-01507
Total of all active and inactive participants2018-01-012,399
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-01216
Total participants2018-01-012,615
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2017 401k membership
Market value of plan assets2017-12-31143,544,705
Acturial value of plan assets2017-12-31147,136,932
Funding target for retired participants and beneficiaries receiving payment2017-12-3191,057,247
Number of terminated vested participants2017-12-31523
Fundng target for terminated vested participants2017-12-3114,413,952
Active participant vested funding target2017-12-3122,295,506
Number of active participants2017-12-31464
Total funding liabilities for active participants2017-12-3122,494,092
Total participant count2017-12-312,752
Total funding target for all participants2017-12-31127,965,291
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-3112,143,092
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-31149,238
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-3111,993,854
Present value of excess contributions2017-12-311,870,407
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-311,982,071
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-311,975,000
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-3114,857,599
Total employer contributions2017-12-312,000,000
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-311,845,287
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-31740,000
Net shortfall amortization installment of oustanding balance2017-12-310
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-310
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-310
Contributions allocatedtoward minimum required contributions for current year2017-12-311,845,287
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
Total participants, beginning-of-year2017-01-012,752
Total number of active participants reported on line 7a of the Form 55002017-01-01427
Number of retired or separated participants receiving benefits2017-01-011,555
Number of other retired or separated participants entitled to future benefits2017-01-01487
Total of all active and inactive participants2017-01-012,469
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-01220
Total participants2017-01-012,689
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2016 401k membership
Market value of plan assets2016-12-31144,429,125
Acturial value of plan assets2016-12-31152,146,697
Funding target for retired participants and beneficiaries receiving payment2016-12-3191,049,275
Number of terminated vested participants2016-12-31721
Fundng target for terminated vested participants2016-12-3116,595,953
Active participant vested funding target2016-12-3121,241,189
Number of active participants2016-12-31498
Total funding liabilities for active participants2016-12-3121,469,302
Total participant count2016-12-312,979
Total funding target for all participants2016-12-31129,114,530
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-3110,916,888
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-31152,361
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-3110,764,527
Present value of excess contributions2016-12-311,839,754
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-311,953,635
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-311,450,000
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-3111,993,854
Total employer contributions2016-12-312,000,000
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-311,870,407
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-31876,974
Net shortfall amortization installment of oustanding balance2016-12-310
Waiver amortization installment2016-12-310
Waived amount of outstanding balance2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-310
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-310
Contributions allocatedtoward minimum required contributions for current year2016-12-311,870,407
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310
Total participants, beginning-of-year2016-01-012,979
Total number of active participants reported on line 7a of the Form 55002016-01-01464
Number of retired or separated participants receiving benefits2016-01-011,563
Number of other retired or separated participants entitled to future benefits2016-01-01518
Total of all active and inactive participants2016-01-012,545
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-01207
Total participants2016-01-012,752
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-013,068
Total number of active participants reported on line 7a of the Form 55002015-01-01498
Number of retired or separated participants receiving benefits2015-01-011,561
Number of other retired or separated participants entitled to future benefits2015-01-01711
Total of all active and inactive participants2015-01-012,770
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-01209
Total participants2015-01-012,979
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-013,154
Total number of active participants reported on line 7a of the Form 55002014-01-01549
Number of retired or separated participants receiving benefits2014-01-011,545
Number of other retired or separated participants entitled to future benefits2014-01-01768
Total of all active and inactive participants2014-01-012,862
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-01206
Total participants2014-01-013,068
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-011
2013: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-013,220
Total number of active participants reported on line 7a of the Form 55002013-01-01602
Number of retired or separated participants receiving benefits2013-01-011,526
Number of other retired or separated participants entitled to future benefits2013-01-01825
Total of all active and inactive participants2013-01-012,953
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-01201
Total participants2013-01-013,154
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-015
2012: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-013,854
Total number of active participants reported on line 7a of the Form 55002012-01-01651
Number of retired or separated participants receiving benefits2012-01-011,495
Number of other retired or separated participants entitled to future benefits2012-01-01875
Total of all active and inactive participants2012-01-013,021
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-01199
Total participants2012-01-013,220
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-018
2011: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-01816
Total number of active participants reported on line 7a of the Form 55002011-01-01975
Number of retired or separated participants receiving benefits2011-01-011,634
Number of other retired or separated participants entitled to future benefits2011-01-01990
Total of all active and inactive participants2011-01-013,599
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-01255
Total participants2011-01-013,854
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-0115
2010: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01809
Total number of active participants reported on line 7a of the Form 55002010-01-01502
Number of retired or separated participants receiving benefits2010-01-01149
Number of other retired or separated participants entitled to future benefits2010-01-01119
Total of all active and inactive participants2010-01-01770
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-0146
Total participants2010-01-01816
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-0120
2009: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-01923
Total number of active participants reported on line 7a of the Form 55002009-01-01492
Number of retired or separated participants receiving benefits2009-01-01153
Number of other retired or separated participants entitled to future benefits2009-01-01116
Total of all active and inactive participants2009-01-01761
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-0148
Total participants2009-01-01809
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-014

Financial Data on FRANKLIN ELECTRIC CO., INC. PENSION PLAN

Measure Date Value
2022 : FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2022 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2022-12-31$-5,003,757
Total unrealized appreciation/depreciation of assets2022-12-31$-5,003,757
Total income from all sources (including contributions)2022-12-31$-20,442,344
Total loss/gain on sale of assets2022-12-31$-560,300
Total of all expenses incurred2022-12-31$9,889,640
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$9,197,869
Value of total assets at end of year2022-12-31$108,999,017
Value of total assets at beginning of year2022-12-31$139,331,001
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$691,771
Total interest from all sources2022-12-31$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 year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$3,605,562
Administrative expenses professional fees incurred2022-12-31$15,000
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$10,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$695,522
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$709,930
Administrative expenses (other) incurred2022-12-31$407,408
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-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)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$269,363
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$89,048,284
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$120,095,843
Income. Interest from US Government securities2022-12-31$32,979
Value of interest in common/collective trusts at end of year2022-12-31$34,256
Value of interest in common/collective trusts at beginning of year2022-12-31$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 year2022-12-31$19,220,955
Asset value of US Government securities at beginning of year2022-12-31$18,480,866
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-18,517,729
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31Yes
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$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 2520.101-32022-12-31No
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Aggregate proceeds on sale of assets2022-12-31$8,074,154
Aggregate carrying amount (costs) on sale of assets2022-12-31$8,634,454
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31GJC CPA'S & ADVISORS
Accountancy firm EIN2022-12-31270475249
2021 : FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2021 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2021-12-31$582,515
Total unrealized appreciation/depreciation of assets2021-12-31$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$1,991,382
Total loss/gain on sale of assets2021-12-31$-1,334,463
Total of all expenses incurred2021-12-31$11,243,478
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$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 year2021-12-31$139,331,001
Value of total assets at beginning of year2021-12-31$148,635,521
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$814,692
Total interest from all sources2021-12-31$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 year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$3,190,077
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$10,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$709,930
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$6
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-12-31$52,424
Administrative expenses (other) incurred2021-12-31$378,372
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$-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)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$436,320
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$120,095,843
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$130,948,511
Income. Interest from US Government securities2021-12-31$12,120
Value of interest in common/collective trusts at end of year2021-12-31$44,362
Value of interest in common/collective trusts at beginning of year2021-12-31$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 year2021-12-31$18,480,866
Asset value of US Government securities at beginning of year2021-12-31$16,858,308
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$-458,957
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31Yes
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$10,428,786
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Aggregate proceeds on sale of assets2021-12-31$18,750,560
Aggregate carrying amount (costs) on sale of assets2021-12-31$20,085,023
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31BDO USA LLP
Accountancy firm EIN2021-12-31135381590
2020 : FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2020 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2020-12-31$-817,098
Total unrealized appreciation/depreciation of assets2020-12-31$-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$13,770,235
Total loss/gain on sale of assets2020-12-31$-453,833
Total of all expenses incurred2020-12-31$11,891,665
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$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 year2020-12-31$148,635,521
Value of total assets at beginning of year2020-12-31$146,704,527
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$1,101,661
Total interest from all sources2020-12-31$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 year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$3,580,261
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$10,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$6
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$92
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2020-12-31$52,424
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-12-31$0
Administrative expenses (other) incurred2020-12-31$532,503
Total non interest bearing cash at end of year2020-12-31$0
Total non interest bearing cash at beginning of year2020-12-31$979
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$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)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Investment advisory and management fees2020-12-31$569,158
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$130,948,511
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$128,399,269
Income. Interest from US Government securities2020-12-31$3,993,351
Value of interest in common/collective trusts at end of year2020-12-31$828,696
Value of interest in common/collective trusts at beginning of year2020-12-31$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 year2020-12-31$16,858,308
Asset value of US Government securities at beginning of year2020-12-31$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 assets2020-12-31Yes
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$10,790,004
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Aggregate proceeds on sale of assets2020-12-31$17,094,498
Aggregate carrying amount (costs) on sale of assets2020-12-31$17,548,331
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31BDO USA LLP
Accountancy firm EIN2020-12-31135381590
2019 : FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2019 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2019-12-31$1,346,774
Total unrealized appreciation/depreciation of assets2019-12-31$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$20,771,195
Total loss/gain on sale of assets2019-12-31$-435,492
Total of all expenses incurred2019-12-31$10,787,076
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$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 year2019-12-31$146,704,527
Value of total assets at beginning of year2019-12-31$136,720,408
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$902,734
Total interest from all sources2019-12-31$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 year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$4,231,721
Administrative expenses professional fees incurred2019-12-31$16,300
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$10,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$92
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$749,925
Administrative expenses (other) incurred2019-12-31$391,854
Total non interest bearing cash at end of year2019-12-31$979
Total non interest bearing cash at beginning of year2019-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$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)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$494,580
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$128,399,269
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$114,020,363
Income. Interest from US Government securities2019-12-31$1,378,551
Value of interest in common/collective trusts at end of year2019-12-31$755,856
Value of interest in common/collective trusts at beginning of year2019-12-31$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 year2019-12-31$17,548,331
Asset value of US Government securities at beginning of year2019-12-31$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 trusts2019-12-31$3,735
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31Yes
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Employer contributions (assets) at end of year2019-12-31$0
Employer contributions (assets) at beginning of year2019-12-31$1,500,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$9,884,342
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Aggregate proceeds on sale of assets2019-12-31$20,035,886
Aggregate carrying amount (costs) on sale of assets2019-12-31$20,471,378
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31CROWE LLP
Accountancy firm EIN2019-12-31350921680
2018 : FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$449,342
Total unrealized appreciation/depreciation of assets2018-12-31$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 assets2018-12-31$-676,464
Total of all expenses incurred2018-12-31$11,754,103
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$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 year2018-12-31$136,720,408
Value of total assets at beginning of year2018-12-31$150,065,357
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$786,131
Total interest from all sources2018-12-31$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 year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$4,175,750
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$10,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$749,925
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$168
Administrative expenses (other) incurred2018-12-31$402,165
Total non interest bearing cash at end of year2018-12-31$0
Total non interest bearing cash at beginning of year2018-12-31$74
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-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)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Investment advisory and management fees2018-12-31$383,966
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$114,020,363
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$128,074,884
Income. Interest from US Government securities2018-12-31$99,420
Value of interest in common/collective trusts at end of year2018-12-31$47,331
Value of interest in common/collective trusts at beginning of year2018-12-31$814,486
Asset value of US Government securities at end of year2018-12-31$20,402,789
Asset value of US Government securities at beginning of year2018-12-31$19,175,745
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-7,144,138
Net investment gain or loss from common/collective trusts2018-12-31$5,244
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31Yes
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$1,500,000
Employer contributions (assets) at end of year2018-12-31$1,500,000
Employer contributions (assets) at beginning of year2018-12-31$2,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$10,967,972
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Aggregate proceeds on sale of assets2018-12-31$19,765,355
Aggregate carrying amount (costs) on sale of assets2018-12-31$20,441,819
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31CROWE LLP
Accountancy firm EIN2018-12-31350921680
2017 : FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$472,030
Total unrealized appreciation/depreciation of assets2017-12-31$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 assets2017-12-31$0
Total of all expenses incurred2017-12-31$12,540,227
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$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 year2017-12-31$150,065,357
Value of total assets at beginning of year2017-12-31$143,562,634
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$1,060,141
Total interest from all sources2017-12-31$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 year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$3,620,564
Administrative expenses professional fees incurred2017-12-31$114,248
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$10,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$168
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$63
Administrative expenses (other) incurred2017-12-31$362,156
Total non interest bearing cash at end of year2017-12-31$74
Total non interest bearing cash at beginning of year2017-12-31$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 appraiser2017-12-31No
Value of net income/loss2017-12-31$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)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Investment advisory and management fees2017-12-31$549,333
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$128,074,884
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$124,373,145
Value of interest in common/collective trusts at end of year2017-12-31$814,486
Value of interest in common/collective trusts at beginning of year2017-12-31$762,979
Asset value of US Government securities at end of year2017-12-31$19,175,745
Asset value of US Government securities at beginning of year2017-12-31$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 trusts2017-12-31$363,795
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31Yes
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$2,000,000
Employer contributions (assets) at end of year2017-12-31$2,000,000
Employer contributions (assets) at beginning of year2017-12-31$2,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$11,480,086
Contract administrator fees2017-12-31$34,404
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31CROWE LLP
Accountancy firm EIN2017-12-31350921680
2016 : FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$-506,227
Total unrealized appreciation/depreciation of assets2016-12-31$-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 assets2016-12-31$0
Total of all expenses incurred2016-12-31$13,584,442
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$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 year2016-12-31$143,562,634
Value of total assets at beginning of year2016-12-31$144,475,492
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$1,269,194
Total interest from all sources2016-12-31$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 year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$3,639,023
Administrative expenses professional fees incurred2016-12-31$234,648
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$10,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$63
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$812,003
Administrative expenses (other) incurred2016-12-31$527,571
Total non interest bearing cash at end of year2016-12-31$58,139
Total non interest bearing cash at beginning of year2016-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$-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)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Investment advisory and management fees2016-12-31$472,571
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$124,373,145
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$125,855,544
Value of interest in common/collective trusts at end of year2016-12-31$762,979
Value of interest in common/collective trusts at beginning of year2016-12-31$9,019
Asset value of US Government securities at end of year2016-12-31$16,368,308
Asset value of US Government securities at beginning of year2016-12-31$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 trusts2016-12-31$582
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31Yes
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$2,000,000
Employer contributions (assets) at end of year2016-12-31$2,000,000
Employer contributions (assets) at beginning of year2016-12-31$2,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$12,315,248
Contract administrator fees2016-12-31$34,404
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31Yes
Opinion of an independent qualified public accountant for this plan2016-12-31Disclaimer
Accountancy firm name2016-12-31CROWE HORWATH LLP
Accountancy firm EIN2016-12-31350921680
2015 : FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2015-12-31$-904,512
Total unrealized appreciation/depreciation of assets2015-12-31$-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 assets2015-12-31$0
Total of all expenses incurred2015-12-31$12,456,082
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$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 year2015-12-31$144,475,492
Value of total assets at beginning of year2015-12-31$157,615,498
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$920,249
Total interest from all sources2015-12-31$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 year2015-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$3,660,086
Administrative expenses professional fees incurred2015-12-31$118,516
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$10,000,000
If this is an individual account plan, was there a blackout period2015-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
Were there any nonexempt tranactions with any party-in-interest2015-12-31Yes
Amount of non-exempt transactions with any party-in-interest2015-12-31$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 year2015-12-31$812,003
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2015-12-31$2,383,508
Administrative expenses (other) incurred2015-12-31$370,316
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-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)2015-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2015-12-31No
Were any leases to which the plan was party in default or uncollectible2015-12-31No
Investment advisory and management fees2015-12-31$397,013
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$125,855,544
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$124,595,490
Income. Interest from US Government securities2015-12-31$3,443,758
Value of interest in common/collective trusts at end of year2015-12-31$9,019
Value of interest in common/collective trusts at beginning of year2015-12-31$9,946
Asset value of US Government securities at end of year2015-12-31$15,798,926
Asset value of US Government securities at beginning of year2015-12-31$27,626,554
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$-8,883,760
Net investment gain or loss from common/collective trusts2015-12-31$99
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31Yes
Was there a failure to transmit to the plan any participant contributions2015-12-31No
Has the plan failed to provide any benefit when due under the plan2015-12-31No
Contributions received in cash from employer2015-12-31$2,000,000
Employer contributions (assets) at end of year2015-12-31$2,000,000
Employer contributions (assets) at beginning of year2015-12-31$3,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$11,535,833
Contract administrator fees2015-12-31$34,404
Did the plan have assets held for investment2015-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2015-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2015-12-31Yes
Opinion of an independent qualified public accountant for this plan2015-12-31Disclaimer
Accountancy firm name2015-12-31CROWE HORWATH LLP
Accountancy firm EIN2015-12-31350921680
2014 : FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets2014-12-31$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 assets2014-12-31$0
Total of all expenses incurred2014-12-31$11,436,451
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2014-12-31$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 year2014-12-31$157,615,498
Value of total assets at beginning of year2014-12-31$194,573,643
Total of administrative expenses incurred including professional, contract, advisory and management fees2014-12-31$804,268
Total interest from all sources2014-12-31$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 year2014-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2014-12-31$3,831,545
Administrative expenses professional fees incurred2014-12-31$218,426
Was this plan covered by a fidelity bond2014-12-31Yes
Value of fidelity bond cover2014-12-31$10,000,000
If this is an individual account plan, was there a blackout period2014-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
Were there any nonexempt tranactions with any party-in-interest2014-12-31Yes
Amount of non-exempt transactions with any party-in-interest2014-12-31$12,900
Value of other receiveables (less allowance for doubtful accounts) at end of year2014-12-31$2,383,508
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2014-12-31$44,340,777
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2014-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2014-12-31$43,542,769
Administrative expenses (other) incurred2014-12-31$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 appraiser2014-12-31No
Value of net income/loss2014-12-31$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)2014-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2014-12-31No
Were any leases to which the plan was party in default or uncollectible2014-12-31No
Investment advisory and management fees2014-12-31$298,854
Value of interest in registered invesment companies (eg mutual funds) at end of year2014-12-31$124,595,490
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2014-12-31$145,127,186
Value of interest in common/collective trusts at end of year2014-12-31$9,946
Value of interest in common/collective trusts at beginning of year2014-12-31$35,680
Asset value of US Government securities at end of year2014-12-31$27,626,554
Asset value of US Government securities at beginning of year2014-12-31$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 trusts2014-12-31$97
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2014-12-31No
Was there a failure to transmit to the plan any participant contributions2014-12-31No
Has the plan failed to provide any benefit when due under the plan2014-12-31No
Contributions received in cash from employer2014-12-31$4,100,000
Employer contributions (assets) at end of year2014-12-31$3,000,000
Employer contributions (assets) at beginning of year2014-12-31$5,070,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2014-12-31$10,632,183
Contract administrator fees2014-12-31$94,894
Did the plan have assets held for investment2014-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2014-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2014-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2014-12-31Yes
Opinion of an independent qualified public accountant for this plan2014-12-31Disclaimer
Accountancy firm name2014-12-31CROWE HORWATH LLP
Accountancy firm EIN2014-12-31350921680
2013 : FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2013 401k financial data
Total unrealized appreciation/depreciation of assets2013-12-31$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 assets2013-12-31$0
Total of all expenses incurred2013-12-31$11,294,302
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2013-12-31$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 year2013-12-31$194,573,643
Value of total assets at beginning of year2013-12-31$131,130,900
Total of administrative expenses incurred including professional, contract, advisory and management fees2013-12-31$981,593
Total interest from all sources2013-12-31$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 year2013-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2013-12-31$3,412,028
Administrative expenses professional fees incurred2013-12-31$94,743
Was this plan covered by a fidelity bond2013-12-31Yes
Value of fidelity bond cover2013-12-31$10,000,000
If this is an individual account plan, was there a blackout period2013-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
Were there any nonexempt tranactions with any party-in-interest2013-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2013-12-31$44,340,777
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2013-12-31$780,000
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2013-12-31$43,542,769
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2013-12-31$0
Administrative expenses (other) incurred2013-12-31$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 appraiser2013-12-31No
Value of net income/loss2013-12-31$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)2013-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2013-12-31No
Were any leases to which the plan was party in default or uncollectible2013-12-31No
Investment advisory and management fees2013-12-31$457,386
Value of interest in registered invesment companies (eg mutual funds) at end of year2013-12-31$145,127,186
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2013-12-31$125,091,600
Value of interest in common/collective trusts at end of year2013-12-31$35,680
Value of interest in common/collective trusts at beginning of year2013-12-31$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 trusts2013-12-31$232
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2013-12-31Yes
Was there a failure to transmit to the plan any participant contributions2013-12-31No
Has the plan failed to provide any benefit when due under the plan2013-12-31No
Contributions received in cash from employer2013-12-31$6,870,029
Employer contributions (assets) at end of year2013-12-31$5,070,000
Employer contributions (assets) at beginning of year2013-12-31$5,212,300
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2013-12-31$10,312,709
Contract administrator fees2013-12-31$95,299
Did the plan have assets held for investment2013-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2013-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2013-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2013-12-31Yes
Opinion of an independent qualified public accountant for this plan2013-12-31Disclaimer
Accountancy firm name2013-12-31CROWE HORWATH LLP
Accountancy firm EIN2013-12-31350921680
2012 : FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2012 401k financial data
Total unrealized appreciation/depreciation of assets2012-12-31$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 assets2012-12-31$0
Total of all expenses incurred2012-12-31$11,524,680
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2012-12-31$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 year2012-12-31$131,130,900
Value of total assets at beginning of year2012-12-31$119,506,800
Total of administrative expenses incurred including professional, contract, advisory and management fees2012-12-31$1,202,880
Total interest from all sources2012-12-31$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 year2012-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2012-12-31$3,279,900
Administrative expenses professional fees incurred2012-12-31$319,812
Was this plan covered by a fidelity bond2012-12-31Yes
Value of fidelity bond cover2012-12-31$10,000,000
If this is an individual account plan, was there a blackout period2012-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
Were there any nonexempt tranactions with any party-in-interest2012-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2012-12-31$780,000
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2012-12-31$584,800
Administrative expenses (other) incurred2012-12-31$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 appraiser2012-12-31No
Value of net income/loss2012-12-31$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)2012-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2012-12-31No
Were any leases to which the plan was party in default or uncollectible2012-12-31No
Investment advisory and management fees2012-12-31$326,248
Value of interest in registered invesment companies (eg mutual funds) at end of year2012-12-31$125,091,600
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2012-12-31$113,252,500
Value of interest in common/collective trusts at end of year2012-12-31$47,000
Value of interest in common/collective trusts at beginning of year2012-12-31$844,700
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2012-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2012-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2012-12-31$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 trusts2012-12-31$200
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2012-12-31Yes
Was there a failure to transmit to the plan any participant contributions2012-12-31No
Has the plan failed to provide any benefit when due under the plan2012-12-31No
Contributions received in cash from employer2012-12-31$6,537,500
Employer contributions (assets) at end of year2012-12-31$5,212,300
Employer contributions (assets) at beginning of year2012-12-31$4,824,800
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2012-12-31$10,321,800
Contract administrator fees2012-12-31$192,308
Did the plan have assets held for investment2012-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2012-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2012-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2012-12-31Yes
Opinion of an independent qualified public accountant for this plan2012-12-31Disclaimer
Accountancy firm name2012-12-31CROWE HORWATH LLP
Accountancy firm EIN2012-12-31350921680
2011 : FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2011 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2011-12-31$-10,400
Total unrealized appreciation/depreciation of assets2011-12-31$-10,400
Total transfer of assets to this plan2011-12-31$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 assets2011-12-31$0
Total of all expenses incurred2011-12-31$4,242,200
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2011-12-31$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 year2011-12-31$119,506,800
Value of total assets at beginning of year2011-12-31$29,649,100
Total of administrative expenses incurred including professional, contract, advisory and management fees2011-12-31$195,300
Total interest from all sources2011-12-31$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 year2011-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2011-12-31$782,286
Administrative expenses professional fees incurred2011-12-31$34,309
Was this plan covered by a fidelity bond2011-12-31Yes
Value of fidelity bond cover2011-12-31$10,000,000
If this is an individual account plan, was there a blackout period2011-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
Were there any nonexempt tranactions with any party-in-interest2011-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2011-12-31$584,800
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2011-12-31$0
Administrative expenses (other) incurred2011-12-31$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 appraiser2011-12-31No
Value of net income/loss2011-12-31$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)2011-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2011-12-31No
Were any leases to which the plan was party in default or uncollectible2011-12-31No
Investment advisory and management fees2011-12-31$100,917
Value of interest in registered invesment companies (eg mutual funds) at end of year2011-12-31$113,252,500
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2011-12-31$25,954,000
Value of interest in common/collective trusts at end of year2011-12-31$844,700
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2011-12-31$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2011-12-31$169,300
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2011-12-31$169,300
Net investment gain/loss from registered investment companies (e.g. mutual funds)2011-12-31$-1,122,800
Net investment gain or loss from common/collective trusts2011-12-31$214
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2011-12-31Yes
Was there a failure to transmit to the plan any participant contributions2011-12-31No
Has the plan failed to provide any benefit when due under the plan2011-12-31No
Assets. Invements in employer securities at end of year2011-12-31$0
Assets. Invements in employer securities at beginning of year2011-12-31$737,400
Contributions received in cash from employer2011-12-31$4,824,800
Employer contributions (assets) at end of year2011-12-31$4,824,800
Employer contributions (assets) at beginning of year2011-12-31$2,788,400
Income. Dividends from common stock2011-12-31$7,600
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2011-12-31$4,046,900
Contract administrator fees2011-12-31$25,375
Did the plan have assets held for investment2011-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2011-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2011-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2011-12-31Yes
Opinion of an independent qualified public accountant for this plan2011-12-31Disclaimer
Accountancy firm name2011-12-31CROWE HORWATH LLP
Accountancy firm EIN2011-12-31350921680
2010 : FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2010 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2010-12-31$2,468,500
Total unrealized appreciation/depreciation of assets2010-12-31$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 assets2010-12-31$0
Total of all expenses incurred2010-12-31$3,620,600
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2010-12-31$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 year2010-12-31$29,649,100
Value of total assets at beginning of year2010-12-31$25,732,600
Total of administrative expenses incurred including professional, contract, advisory and management fees2010-12-31$284,300
Total interest from all sources2010-12-31$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 year2010-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2010-12-31$728,000
Administrative expenses professional fees incurred2010-12-31$284,300
Was this plan covered by a fidelity bond2010-12-31Yes
Value of fidelity bond cover2010-12-31$10,000,000
If this is an individual account plan, was there a blackout period2010-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0
Were there any nonexempt tranactions with any party-in-interest2010-12-31No
Liabilities. Value of operating payables at beginning of year2010-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Value of net income/loss2010-12-31$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)2010-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2010-12-31No
Were any leases to which the plan was party in default or uncollectible2010-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2010-12-31$25,954,000
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2010-12-31$23,057,400
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2010-12-31$169,300
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2010-12-31$172,100
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2010-12-31$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 assets2010-12-31Yes
Was there a failure to transmit to the plan any participant contributions2010-12-31No
Has the plan failed to provide any benefit when due under the plan2010-12-31No
Assets. Invements in employer securities at end of year2010-12-31$737,400
Assets. Invements in employer securities at beginning of year2010-12-31$550,400
Contributions received in cash from employer2010-12-31$4,153,600
Employer contributions (assets) at end of year2010-12-31$2,788,400
Employer contributions (assets) at beginning of year2010-12-31$1,952,700
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2010-12-31$3,336,300
Did the plan have assets held for investment2010-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2010-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2010-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2010-12-31Yes
Opinion of an independent qualified public accountant for this plan2010-12-31Disclaimer
Accountancy firm name2010-12-31CROWE HORWATH LLP
Accountancy firm EIN2010-12-31350921680
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 securities2009-12-31$0

Form 5500 Responses for FRANKLIN ELECTRIC CO., INC. PENSION PLAN

2022: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: FRANKLIN ELECTRIC CO., INC. PENSION PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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