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AMERICAN DRYER EMPLOYEES' 401(K) RETIREMENT PLAN 401k Plan overview

Plan NameAMERICAN DRYER EMPLOYEES' 401(K) RETIREMENT PLAN
Plan identification number 009

AMERICAN DRYER EMPLOYEES' 401(K) RETIREMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

WHIRLPOOL CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:WHIRLPOOL CORPORATION
Employer identification number (EIN):381490038
NAIC Classification:335200

Additional information about WHIRLPOOL CORPORATION

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 1956-03-22
Company Identification Number: 0001732506
Legal Registered Office Address: 2000 N M 63 C/O MAIL DROP #2610

BENTON HARBOR
United States of America (USA)
49022

More information about WHIRLPOOL CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan AMERICAN DRYER EMPLOYEES' 401(K) RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0092016-01-01EDWARD MOHR2016-10-17
0092015-01-01EDWARD MOHR
0092015-01-01EDWARD MOHR

Plan Statistics for AMERICAN DRYER EMPLOYEES' 401(K) RETIREMENT PLAN

401k plan membership statisitcs for AMERICAN DRYER EMPLOYEES' 401(K) RETIREMENT PLAN

Measure Date Value
2015: AMERICAN DRYER EMPLOYEES' 401(K) RETIREMENT PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01345
Total number of active participants reported on line 7a of the Form 55002015-01-010
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0125
Total of all active and inactive participants2015-01-0125
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0125
Number of participants with account balances2015-01-0125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010

Financial Data on AMERICAN DRYER EMPLOYEES' 401(K) RETIREMENT PLAN

Measure Date Value
2015 : AMERICAN DRYER EMPLOYEES' 401(K) RETIREMENT PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets2015-12-31$0
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$587,146
Total loss/gain on sale of assets2015-12-31$0
Total of all expenses incurred2015-12-31$8,967,819
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2015-12-31$8,922,858
Expenses. Certain deemed distributions of participant loans2015-12-31$220
Value of total corrective distributions2015-12-31$3,179
Total contributions o plan (from employers,participants, others, non cash contrinutions)2015-12-31$313,274
Value of total assets at end of year2015-12-31$866,727
Value of total assets at beginning of year2015-12-31$9,247,400
Total of administrative expenses incurred including professional, contract, advisory and management fees2015-12-31$41,562
Total interest from all sources2015-12-31$22,642
Total dividends received (eg from common stock, registered investment company shares)2015-12-31$93,350
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2015-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2015-12-31$0
Total dividends received from registered investment company shares (eg mutual funds)2015-12-31$93,350
Administrative expenses professional fees incurred2015-12-31$1,536
Was this plan covered by a fidelity bond2015-12-31Yes
Value of fidelity bond cover2015-12-31$1,000,000
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-interest2015-12-31No
Contributions received from participants2015-12-31$250,377
Participant contributions at end of year2015-12-31$0
Participant contributions at beginning of year2015-12-31$242,468
Other income not declared elsewhere2015-12-31$17,234
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2015-12-31No
Value of net income/loss2015-12-31$-8,380,673
Value of net assets at end of year (total assets less liabilities)2015-12-31$866,727
Value of net assets at beginning of year (total assets less liabilities)2015-12-31$9,247,400
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$17,234
Value of interest in registered invesment companies (eg mutual funds) at end of year2015-12-31$788,579
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2015-12-31$7,293,800
Interest on participant loans2015-12-31$8,019
Interest earned on other investments2015-12-31$14,623
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2015-12-31$78,148
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2015-12-31$1,711,132
Net investment gain/loss from registered investment companies (e.g. mutual funds)2015-12-31$140,646
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2015-12-31No
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$62,897
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2015-12-31$8,922,858
Contract administrator fees2015-12-31$22,792
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 name2015-12-31CITRIN COOPERMAN & COMPANY LLP
Accountancy firm EIN2015-12-31222428965

Form 5500 Responses for AMERICAN DRYER EMPLOYEES' 401(K) RETIREMENT PLAN

2015: AMERICAN DRYER EMPLOYEES' 401(K) RETIREMENT 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 – InsuranceYes
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement – InsuranceYes
2015-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

THE LINCOLN NATIONAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 65676 )
Policy contract number893936-087
Policy instance 1
Insurance contract or identification number893936-087
Number of Individuals Covered5
Insurance policy start date2015-01-01
Insurance policy end date2015-12-31
Are there contracts with allocated funds for individual policies?No
Are there contracts with allocated funds for group deferred annuity?No
Are there contracts with allocated funds for types other than group deferred annuity or individual?No
Contract purchased, in whole or in part, to distribute benefits from a terminating planNo
Contracts With Unallocated Funds Deposit Administration0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?No
Are there contracts with unallocated funds for contracts of type guaranteed investment?No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?Yes
Health Insurance Welfare BenefitNo
Dental Insurance Welfare BenefitNo
Vision Insurance Welfare BenefitNo
Life Insurance Welfare BenefitNo
Temporary Disability Insurance Welfare BenefitNo
Long Term Disability Insurance Welfare BenefitNo
Unemployment Insurance Welfare BenefitNo
Were dividends or retroactive rate refunds paid in cash?No
Were dividends or retroactive rate refunds paid as a credit?No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No

Potentially related plans

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