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MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT PLAN 401k Plan overview

Plan NameMANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT PLAN
Plan identification number 001

MANITOWOC FOODSERVICE, INC. 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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

WELBILT, INC. has sponsored the creation of one or more 401k plans.

Company Name:WELBILT, INC.
Employer identification number (EIN):474625716
NAIC Classification:423600

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01PATRICIA CHOVAN
0012017-01-01PATRICIA CHOVAN
0012016-01-01PATRICIA CHOVAN

Plan Statistics for MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT PLAN

401k plan membership statisitcs for MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT PLAN

Measure Date Value
2023: MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-012,085
Total number of active participants reported on line 7a of the Form 55002023-01-010
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-010
Total of all active and inactive participants2023-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-010
Number of participants with account balances2023-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-012,200
Total number of active participants reported on line 7a of the Form 55002022-01-011,304
Number of retired or separated participants receiving benefits2022-01-0127
Number of other retired or separated participants entitled to future benefits2022-01-01748
Total of all active and inactive participants2022-01-012,079
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-016
Total participants2022-01-012,085
Number of participants with account balances2022-01-012,073
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-011
2021: MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-012,116
Total number of active participants reported on line 7a of the Form 55002021-01-011,462
Number of retired or separated participants receiving benefits2021-01-0122
Number of other retired or separated participants entitled to future benefits2021-01-01706
Total of all active and inactive participants2021-01-012,190
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-0110
Total participants2021-01-012,200
Number of participants with account balances2021-01-012,188
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-011
2020: MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-012,343
Total number of active participants reported on line 7a of the Form 55002020-01-011,301
Number of retired or separated participants receiving benefits2020-01-0122
Number of other retired or separated participants entitled to future benefits2020-01-01786
Total of all active and inactive participants2020-01-012,109
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-017
Total participants2020-01-012,116
Number of participants with account balances2020-01-012,108
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-012,390
Total number of active participants reported on line 7a of the Form 55002019-01-011,603
Number of retired or separated participants receiving benefits2019-01-0120
Number of other retired or separated participants entitled to future benefits2019-01-01719
Total of all active and inactive participants2019-01-012,342
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-011
Total participants2019-01-012,343
Number of participants with account balances2019-01-012,342
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-012,454
Total number of active participants reported on line 7a of the Form 55002018-01-011,627
Number of retired or separated participants receiving benefits2018-01-0117
Number of other retired or separated participants entitled to future benefits2018-01-01743
Total of all active and inactive participants2018-01-012,387
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-013
Total participants2018-01-012,390
Number of participants with account balances2018-01-012,376
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-017
2017: MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-012,590
Total number of active participants reported on line 7a of the Form 55002017-01-011,683
Number of retired or separated participants receiving benefits2017-01-0116
Number of other retired or separated participants entitled to future benefits2017-01-01753
Total of all active and inactive participants2017-01-012,452
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-012
Total participants2017-01-012,454
Number of participants with account balances2017-01-012,447
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-0125
2016: MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-012,960
Total number of active participants reported on line 7a of the Form 55002016-01-011,817
Number of retired or separated participants receiving benefits2016-01-0122
Number of other retired or separated participants entitled to future benefits2016-01-01750
Total of all active and inactive participants2016-01-012,589
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-011
Total participants2016-01-012,590
Number of participants with account balances2016-01-012,590
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-0139

Financial Data on MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT PLAN

Measure Date Value
2023 : MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT PLAN 2023 401k financial data
Total unrealized appreciation/depreciation of assets2023-03-31$0
Total transfer of assets from this plan2023-03-31$216,664,033
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-03-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2023-03-31$33,642
Total income from all sources (including contributions)2023-03-31$10,424,579
Total loss/gain on sale of assets2023-03-31$0
Total of all expenses incurred2023-03-31$7,660,679
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-03-31$7,651,730
Total contributions o plan (from employers,participants, others, non cash contrinutions)2023-03-31$0
Value of total assets at end of year2023-03-31$0
Value of total assets at beginning of year2023-03-31$213,933,775
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-03-31$8,949
Total interest from all sources2023-03-31$1
Total dividends received (eg from common stock, registered investment company shares)2023-03-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2023-03-31No
Administrative expenses professional fees incurred2023-03-31$3,040
Was this plan covered by a fidelity bond2023-03-31Yes
Value of fidelity bond cover2023-03-31$10,000,000
If this is an individual account plan, was there a blackout period2023-03-31Yes
Were there any nonexempt tranactions with any party-in-interest2023-03-31No
Participant contributions at end of year2023-03-31$0
Participant contributions at beginning of year2023-03-31$1,987,281
Administrative expenses (other) incurred2023-03-31$2,576
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2023-03-31No
Value of net income/loss2023-03-31$2,763,900
Value of net assets at end of year (total assets less liabilities)2023-03-31$0
Value of net assets at beginning of year (total assets less liabilities)2023-03-31$213,900,133
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2023-03-31No
Were any loans by the plan or fixed income obligations due to the plan in default2023-03-31No
Were any leases to which the plan was party in default or uncollectible2023-03-31No
Investment advisory and management fees2023-03-31$3,333
Interest on participant loans2023-03-31$1
Value of interest in master investment trust accounts at end of year2023-03-31$0
Value of interest in master investment trust accounts at beginning of year2023-03-31$211,603,088
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2023-03-31No
Was there a failure to transmit to the plan any participant contributions2023-03-31No
Has the plan failed to provide any benefit when due under the plan2023-03-31No
Employer contributions (assets) at end of year2023-03-31$0
Employer contributions (assets) at beginning of year2023-03-31$343,406
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-03-31$7,651,730
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32023-03-31Yes
Liabilities. Value of benefit claims payable at end of year2023-03-31$0
Liabilities. Value of benefit claims payable at beginning of year2023-03-31$33,642
Did the plan have assets held for investment2023-03-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2023-03-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2023-03-31Yes
Opinion of an independent qualified public accountant for this plan2023-03-31Unqualified
Accountancy firm name2023-03-31WIPFLI LLP
Accountancy firm EIN2023-03-31390758449
2022 : MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total transfer of assets to this plan2022-12-31$7,397
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$33,642
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$1,885
Total income from all sources (including contributions)2022-12-31$-30,380,639
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$51,280,171
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$51,199,461
Expenses. Certain deemed distributions of participant loans2022-12-31$215
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$14,262,115
Value of total assets at end of year2022-12-31$213,933,775
Value of total assets at beginning of year2022-12-31$295,555,431
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$80,495
Total interest from all sources2022-12-31$112,347
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Administrative expenses professional fees incurred2022-12-31$50,495
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
Contributions received from participants2022-12-31$9,307,107
Participant contributions at end of year2022-12-31$1,987,281
Participant contributions at beginning of year2022-12-31$2,380,785
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$287,394
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-81,660,810
Value of net assets at end of year (total assets less liabilities)2022-12-31$213,900,133
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$295,553,546
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$30,000
Interest on participant loans2022-12-31$112,347
Value of interest in master investment trust accounts at end of year2022-12-31$211,603,088
Value of interest in master investment trust accounts at beginning of year2022-12-31$293,010,985
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
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
Contributions received in cash from employer2022-12-31$4,667,614
Employer contributions (assets) at end of year2022-12-31$343,406
Employer contributions (assets) at beginning of year2022-12-31$163,661
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$51,199,461
Liabilities. Value of benefit claims payable at end of year2022-12-31$33,642
Liabilities. Value of benefit claims payable at beginning of year2022-12-31$1,885
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
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31WIPFLI LLP
Accountancy firm EIN2022-12-31390758449
2021 : MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total transfer of assets to this plan2021-12-31$9,666
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$1,885
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$400,524
Total income from all sources (including contributions)2021-12-31$62,455,821
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$34,358,720
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$34,121,093
Expenses. Certain deemed distributions of participant loans2021-12-31$28,599
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$13,171,533
Value of total assets at end of year2021-12-31$295,555,431
Value of total assets at beginning of year2021-12-31$267,847,303
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$209,028
Total interest from all sources2021-12-31$142,609
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Administrative expenses professional fees incurred2021-12-31$169,028
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 period2021-12-31Yes
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
Contributions received from participants2021-12-31$8,527,682
Participant contributions at end of year2021-12-31$2,380,785
Participant contributions at beginning of year2021-12-31$2,556,223
Participant contributions at end of year2021-12-31$0
Participant contributions at beginning of year2021-12-31$218,108
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$572,287
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$51,418
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$28,097,101
Value of net assets at end of year (total assets less liabilities)2021-12-31$295,553,546
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$267,446,779
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$40,000
Interest on participant loans2021-12-31$142,609
Value of interest in master investment trust accounts at end of year2021-12-31$293,010,985
Value of interest in master investment trust accounts at beginning of year2021-12-31$264,960,074
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
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
Contributions received in cash from employer2021-12-31$4,071,564
Employer contributions (assets) at end of year2021-12-31$163,661
Employer contributions (assets) at beginning of year2021-12-31$61,480
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$34,121,093
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32021-12-31Yes
Liabilities. Value of benefit claims payable at end of year2021-12-31$1,885
Liabilities. Value of benefit claims payable at beginning of year2021-12-31$400,524
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
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31WIPFLI LLP
Accountancy firm EIN2021-12-31390758449
2020 : MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$400,524
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$55,855
Total income from all sources (including contributions)2020-12-31$46,170,964
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$37,328,067
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$37,062,672
Expenses. Certain deemed distributions of participant loans2020-12-31$3,532
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$8,912,051
Value of total assets at end of year2020-12-31$267,847,303
Value of total assets at beginning of year2020-12-31$258,659,737
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$261,863
Total interest from all sources2020-12-31$169,432
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Administrative expenses professional fees incurred2020-12-31$221,863
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
Contributions received from participants2020-12-31$7,375,712
Participant contributions at end of year2020-12-31$2,556,223
Participant contributions at beginning of year2020-12-31$3,480,388
Participant contributions at end of year2020-12-31$218,108
Participant contributions at beginning of year2020-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$31,352
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$51,418
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$80,994
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$8,842,897
Value of net assets at end of year (total assets less liabilities)2020-12-31$267,446,779
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$258,603,882
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$40,000
Interest on participant loans2020-12-31$169,432
Value of interest in master investment trust accounts at end of year2020-12-31$264,960,074
Value of interest in master investment trust accounts at beginning of year2020-12-31$254,945,140
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
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
Contributions received in cash from employer2020-12-31$1,504,987
Employer contributions (assets) at end of year2020-12-31$61,480
Employer contributions (assets) at beginning of year2020-12-31$153,215
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$37,062,672
Liabilities. Value of benefit claims payable at end of year2020-12-31$400,524
Liabilities. Value of benefit claims payable at beginning of year2020-12-31$55,855
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
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31WIPFLI LLP
Accountancy firm EIN2020-12-31390758449
2019 : MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$55,855
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$804,334
Total income from all sources (including contributions)2019-12-31$64,112,098
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$27,292,329
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$27,004,929
Expenses. Certain deemed distributions of participant loans2019-12-31$9,984
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$13,847,784
Value of total assets at end of year2019-12-31$258,659,737
Value of total assets at beginning of year2019-12-31$222,588,447
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$277,416
Total interest from all sources2019-12-31$190,010
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Administrative expenses professional fees incurred2019-12-31$237,416
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
Contributions received from participants2019-12-31$8,765,259
Participant contributions at end of year2019-12-31$3,480,388
Participant contributions at beginning of year2019-12-31$3,341,881
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$531,365
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$80,994
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$42,608
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$36,819,769
Value of net assets at end of year (total assets less liabilities)2019-12-31$258,603,882
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$221,784,113
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$40,000
Interest on participant loans2019-12-31$190,010
Value of interest in master investment trust accounts at end of year2019-12-31$254,945,140
Value of interest in master investment trust accounts at beginning of year2019-12-31$219,171,530
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
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
Contributions received in cash from employer2019-12-31$4,551,160
Employer contributions (assets) at end of year2019-12-31$153,215
Employer contributions (assets) at beginning of year2019-12-31$32,428
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$27,004,929
Liabilities. Value of benefit claims payable at end of year2019-12-31$55,855
Liabilities. Value of benefit claims payable at beginning of year2019-12-31$804,334
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
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31WIPFLI LLP
Accountancy firm EIN2019-12-31390758449
2018 : MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total transfer of assets to this plan2018-12-31$6,445
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$804,334
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$80,265
Total income from all sources (including contributions)2018-12-31$-9,897,789
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$29,345,679
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$29,050,269
Expenses. Certain deemed distributions of participant loans2018-12-31$14,067
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$12,342,526
Value of total assets at end of year2018-12-31$222,588,447
Value of total assets at beginning of year2018-12-31$261,101,401
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$281,343
Total interest from all sources2018-12-31$171,577
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Administrative expenses professional fees incurred2018-12-31$241,343
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$5,000,000
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
Contributions received from participants2018-12-31$8,027,947
Participant contributions at end of year2018-12-31$3,341,881
Participant contributions at beginning of year2018-12-31$3,268,040
Participant contributions at end of year2018-12-31$0
Participant contributions at beginning of year2018-12-31$33,001
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$122,130
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$42,608
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$17,531
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-39,243,468
Value of net assets at end of year (total assets less liabilities)2018-12-31$221,784,113
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$261,021,136
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$40,000
Interest on participant loans2018-12-31$171,577
Value of interest in master investment trust accounts at end of year2018-12-31$219,171,530
Value of interest in master investment trust accounts at beginning of year2018-12-31$257,634,171
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
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$4,192,449
Employer contributions (assets) at end of year2018-12-31$32,428
Employer contributions (assets) at beginning of year2018-12-31$148,658
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$29,050,269
Liabilities. Value of benefit claims payable at end of year2018-12-31$804,334
Liabilities. Value of benefit claims payable at beginning of year2018-12-31$80,265
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
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31No
Opinion of an independent qualified public accountant for this plan2018-12-31Unqualified
Accountancy firm name2018-12-31WIPFLI LLP
Accountancy firm EIN2018-12-31390758449
2017 : MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total transfer of assets to this plan2017-12-31$3,619
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$80,265
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$142,218
Total income from all sources (including contributions)2017-12-31$54,303,534
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$32,946,679
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$32,649,971
Expenses. Certain deemed distributions of participant loans2017-12-31$19,907
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$12,929,296
Value of total assets at end of year2017-12-31$261,101,401
Value of total assets at beginning of year2017-12-31$239,802,880
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$276,801
Total interest from all sources2017-12-31$148,348
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Administrative expenses professional fees incurred2017-12-31$236,801
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$5,000,000
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
Contributions received from participants2017-12-31$8,116,388
Participant contributions at end of year2017-12-31$3,268,040
Participant contributions at beginning of year2017-12-31$3,395,050
Participant contributions at end of year2017-12-31$33,001
Participant contributions at beginning of year2017-12-31$31,233
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$452,022
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$17,531
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$16,360
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$21,356,855
Value of net assets at end of year (total assets less liabilities)2017-12-31$261,021,136
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$239,660,662
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$40,000
Interest on participant loans2017-12-31$148,348
Value of interest in master investment trust accounts at end of year2017-12-31$257,634,171
Value of interest in master investment trust accounts at beginning of year2017-12-31$236,249,724
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
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$4,360,886
Employer contributions (assets) at end of year2017-12-31$148,658
Employer contributions (assets) at beginning of year2017-12-31$110,513
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$32,649,971
Liabilities. Value of benefit claims payable at end of year2017-12-31$80,265
Liabilities. Value of benefit claims payable at beginning of year2017-12-31$142,218
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)2017-12-31No
Opinion of an independent qualified public accountant for this plan2017-12-31Unqualified
Accountancy firm name2017-12-31WIPFLI LLP
Accountancy firm EIN2017-12-31390758449
2016 : MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total transfer of assets to this plan2016-12-31$241,298,143
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$142,218
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$38,898,490
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$40,535,971
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$40,222,687
Expenses. Certain deemed distributions of participant loans2016-12-31$16,021
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$12,433,259
Value of total assets at end of year2016-12-31$239,802,880
Value of total assets at beginning of year2016-12-31$0
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$297,263
Total interest from all sources2016-12-31$148,211
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Administrative expenses professional fees incurred2016-12-31$226,808
Was this plan covered by a fidelity bond2016-12-31Yes
Value of fidelity bond cover2016-12-31$5,000,000
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
Contributions received from participants2016-12-31$7,706,767
Participant contributions at end of year2016-12-31$3,395,050
Participant contributions at beginning of year2016-12-31$0
Participant contributions at end of year2016-12-31$31,233
Participant contributions at beginning of year2016-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$494,314
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$16,360
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$0
Administrative expenses (other) incurred2016-12-31$37,378
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$-1,637,481
Value of net assets at end of year (total assets less liabilities)2016-12-31$239,660,662
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$0
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$33,077
Interest on participant loans2016-12-31$148,211
Value of interest in master investment trust accounts at end of year2016-12-31$236,249,724
Value of interest in master investment trust accounts at beginning of year2016-12-31$0
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
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$4,232,178
Employer contributions (assets) at end of year2016-12-31$110,513
Employer contributions (assets) at beginning of year2016-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$40,222,687
Liabilities. Value of benefit claims payable at end of year2016-12-31$142,218
Liabilities. Value of benefit claims payable at beginning of year2016-12-31$0
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)2016-12-31No
Opinion of an independent qualified public accountant for this plan2016-12-31Unqualified
Accountancy firm name2016-12-31WIPFLI LLP
Accountancy firm EIN2016-12-31390758449

Form 5500 Responses for MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT PLAN

2023: MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingYes
2023-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT 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: MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT 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: MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT 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: MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT 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: MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT 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: MANITOWOC FOODSERVICE, INC. 401(K) RETIREMENT PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01First time form 5500 has been submittedYes
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

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