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MANITOWOC FOODSERVICE, INC. RETIREMENT SAVINGS PLAN 401k Plan overview

Plan NameMANITOWOC FOODSERVICE, INC. RETIREMENT SAVINGS PLAN
Plan identification number 002

MANITOWOC FOODSERVICE, INC. RETIREMENT SAVINGS 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. RETIREMENT SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01PATRICIA CHOVAN
0022017-01-01PATRICIA CHOVAN
0022016-01-01PATRICIA CHOVAN

Plan Statistics for MANITOWOC FOODSERVICE, INC. RETIREMENT SAVINGS PLAN

401k plan membership statisitcs for MANITOWOC FOODSERVICE, INC. RETIREMENT SAVINGS PLAN

Measure Date Value
2023: MANITOWOC FOODSERVICE, INC. RETIREMENT SAVINGS PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-01621
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. RETIREMENT SAVINGS PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01654
Total number of active participants reported on line 7a of the Form 55002022-01-01419
Number of retired or separated participants receiving benefits2022-01-018
Number of other retired or separated participants entitled to future benefits2022-01-01189
Total of all active and inactive participants2022-01-01616
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-015
Total participants2022-01-01621
Number of participants with account balances2022-01-01590
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: MANITOWOC FOODSERVICE, INC. RETIREMENT SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01678
Total number of active participants reported on line 7a of the Form 55002021-01-01457
Number of retired or separated participants receiving benefits2021-01-019
Number of other retired or separated participants entitled to future benefits2021-01-01184
Total of all active and inactive participants2021-01-01650
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-014
Total participants2021-01-01654
Number of participants with account balances2021-01-01625
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: MANITOWOC FOODSERVICE, INC. RETIREMENT SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01775
Total number of active participants reported on line 7a of the Form 55002020-01-01475
Number of retired or separated participants receiving benefits2020-01-017
Number of other retired or separated participants entitled to future benefits2020-01-01193
Total of all active and inactive participants2020-01-01675
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-013
Total participants2020-01-01678
Number of participants with account balances2020-01-01642
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: MANITOWOC FOODSERVICE, INC. RETIREMENT SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01793
Total number of active participants reported on line 7a of the Form 55002019-01-01579
Number of retired or separated participants receiving benefits2019-01-017
Number of other retired or separated participants entitled to future benefits2019-01-01185
Total of all active and inactive participants2019-01-01771
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-014
Total participants2019-01-01775
Number of participants with account balances2019-01-01733
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-011
2018: MANITOWOC FOODSERVICE, INC. RETIREMENT SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01769
Total number of active participants reported on line 7a of the Form 55002018-01-01600
Number of retired or separated participants receiving benefits2018-01-018
Number of other retired or separated participants entitled to future benefits2018-01-01183
Total of all active and inactive participants2018-01-01791
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-012
Total participants2018-01-01793
Number of participants with account balances2018-01-01742
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: MANITOWOC FOODSERVICE, INC. RETIREMENT SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01801
Total number of active participants reported on line 7a of the Form 55002017-01-01577
Number of retired or separated participants receiving benefits2017-01-015
Number of other retired or separated participants entitled to future benefits2017-01-01185
Total of all active and inactive participants2017-01-01767
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-012
Total participants2017-01-01769
Number of participants with account balances2017-01-01721
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: MANITOWOC FOODSERVICE, INC. RETIREMENT SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01882
Total number of active participants reported on line 7a of the Form 55002016-01-01605
Number of retired or separated participants receiving benefits2016-01-016
Number of other retired or separated participants entitled to future benefits2016-01-01188
Total of all active and inactive participants2016-01-01799
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-012
Total participants2016-01-01801
Number of participants with account balances2016-01-01751
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-0144

Financial Data on MANITOWOC FOODSERVICE, INC. RETIREMENT SAVINGS PLAN

Measure Date Value
2023 : MANITOWOC FOODSERVICE, INC. RETIREMENT SAVINGS PLAN 2023 401k financial data
Total unrealized appreciation/depreciation of assets2023-03-31$0
Total transfer of assets from this plan2023-03-31$42,444,477
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$0
Total income from all sources (including contributions)2023-03-31$2,186,374
Total loss/gain on sale of assets2023-03-31$0
Total of all expenses incurred2023-03-31$1,633,595
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2023-03-31$1,580,706
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$41,891,698
Total of administrative expenses incurred including professional, contract, advisory and management fees2023-03-31$52,889
Total interest from all sources2023-03-31$0
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$36,493
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
Assets. Loans (other than to participants) at end of year2023-03-31$0
Assets. Loans (other than to participants) at beginning of year2023-03-31$293,540
Administrative expenses (other) incurred2023-03-31$15,146
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$552,779
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$41,891,698
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$1,250
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$41,597,549
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$609
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2023-03-31$1,580,706
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
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. RETIREMENT SAVINGS PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total transfer of assets from 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$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-8,267,063
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$14,911,510
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$14,561,158
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$1,452,650
Value of total assets at end of year2022-12-31$41,891,698
Value of total assets at beginning of year2022-12-31$65,077,668
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$350,352
Total interest from all sources2022-12-31$15,505
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$335,352
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$1,111,608
Participant contributions at end of year2022-12-31$293,539
Participant contributions at beginning of year2022-12-31$314,075
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-23,178,573
Value of net assets at end of year (total assets less liabilities)2022-12-31$41,891,698
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$65,077,668
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$15,000
Interest on participant loans2022-12-31$15,505
Value of interest in master investment trust accounts at end of year2022-12-31$41,597,550
Value of interest in master investment trust accounts at beginning of year2022-12-31$64,763,593
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$341,042
Employer contributions (assets) at end of year2022-12-31$609
Employer contributions (assets) at beginning of year2022-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$14,561,158
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. RETIREMENT SAVINGS PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total transfer of assets from 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$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$78,532
Total income from all sources (including contributions)2021-12-31$11,680,063
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$7,604,222
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$7,535,795
Expenses. Certain deemed distributions of participant loans2021-12-31$3,929
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,334,451
Value of total assets at end of year2021-12-31$65,077,668
Value of total assets at beginning of year2021-12-31$61,090,025
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$64,498
Total interest from all sources2021-12-31$20,345
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$49,498
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$1,000,801
Participant contributions at end of year2021-12-31$314,075
Participant contributions at beginning of year2021-12-31$513,539
Participant contributions at end of year2021-12-31$0
Participant contributions at beginning of year2021-12-31$13,957
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$3,050
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$14,059
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$4,075,841
Value of net assets at end of year (total assets less liabilities)2021-12-31$65,077,668
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$61,011,493
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$15,000
Interest on participant loans2021-12-31$20,345
Value of interest in master investment trust accounts at end of year2021-12-31$64,763,593
Value of interest in master investment trust accounts at beginning of year2021-12-31$60,543,839
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$330,600
Employer contributions (assets) at end of year2021-12-31$0
Employer contributions (assets) at beginning of year2021-12-31$4,631
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$7,535,795
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$0
Liabilities. Value of benefit claims payable at beginning of year2021-12-31$78,532
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. RETIREMENT SAVINGS 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$78,532
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$23,834
Total income from all sources (including contributions)2020-12-31$9,711,809
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$5,609,248
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$5,421,673
Expenses. Certain deemed distributions of participant loans2020-12-31$108,273
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,039,111
Value of total assets at end of year2020-12-31$61,090,025
Value of total assets at beginning of year2020-12-31$56,932,766
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$79,302
Total interest from all sources2020-12-31$30,799
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$64,302
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$784,251
Participant contributions at end of year2020-12-31$513,539
Participant contributions at beginning of year2020-12-31$654,057
Participant contributions at end of year2020-12-31$13,957
Participant contributions at beginning of year2020-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$14,059
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$23,198
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$4,102,561
Value of net assets at end of year (total assets less liabilities)2020-12-31$61,011,493
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$56,908,932
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$15,000
Interest on participant loans2020-12-31$30,799
Value of interest in master investment trust accounts at end of year2020-12-31$60,543,839
Value of interest in master investment trust accounts at beginning of year2020-12-31$56,255,511
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$254,860
Employer contributions (assets) at end of year2020-12-31$4,631
Employer contributions (assets) at beginning of year2020-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$5,421,673
Liabilities. Value of benefit claims payable at end of year2020-12-31$78,532
Liabilities. Value of benefit claims payable at beginning of year2020-12-31$23,834
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. RETIREMENT SAVINGS 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$23,834
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$35,698
Total income from all sources (including contributions)2019-12-31$12,610,079
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$6,668,695
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$6,569,211
Expenses. Certain deemed distributions of participant loans2019-12-31$9,638
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$1,519,708
Value of total assets at end of year2019-12-31$56,932,766
Value of total assets at beginning of year2019-12-31$51,003,246
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$89,846
Total interest from all sources2019-12-31$35,178
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$74,846
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$1,163,053
Participant contributions at end of year2019-12-31$654,057
Participant contributions at beginning of year2019-12-31$602,576
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$705
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$23,198
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$13,917
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$5,941,384
Value of net assets at end of year (total assets less liabilities)2019-12-31$56,908,932
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$50,967,548
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$15,000
Interest on participant loans2019-12-31$35,178
Value of interest in master investment trust accounts at end of year2019-12-31$56,255,511
Value of interest in master investment trust accounts at beginning of year2019-12-31$50,386,753
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$355,950
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$6,569,211
Liabilities. Value of benefit claims payable at end of year2019-12-31$23,834
Liabilities. Value of benefit claims payable at beginning of year2019-12-31$35,698
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. RETIREMENT SAVINGS PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total transfer of assets from 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$35,698
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$10,320
Total income from all sources (including contributions)2018-12-31$-4,439,358
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$11,071,942
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$10,975,977
Expenses. Certain deemed distributions of participant loans2018-12-31$5,765
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$1,500,536
Value of total assets at end of year2018-12-31$51,003,246
Value of total assets at beginning of year2018-12-31$66,495,613
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$90,200
Total interest from all sources2018-12-31$30,892
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$75,200
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$1,146,941
Participant contributions at end of year2018-12-31$602,576
Participant contributions at beginning of year2018-12-31$640,720
Participant contributions at end of year2018-12-31$0
Participant contributions at beginning of year2018-12-31$14,416
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$13,917
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$7,245
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-15,511,300
Value of net assets at end of year (total assets less liabilities)2018-12-31$50,967,548
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$66,485,293
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$15,000
Interest on participant loans2018-12-31$30,892
Value of interest in master investment trust accounts at end of year2018-12-31$50,386,753
Value of interest in master investment trust accounts at beginning of year2018-12-31$65,829,740
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$353,595
Employer contributions (assets) at end of year2018-12-31$0
Employer contributions (assets) at beginning of year2018-12-31$3,492
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$10,975,977
Liabilities. Value of benefit claims payable at end of year2018-12-31$35,698
Liabilities. Value of benefit claims payable at beginning of year2018-12-31$10,320
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. RETIREMENT SAVINGS PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets2017-12-31$0
Total transfer of assets from 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$10,320
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$9,975
Total income from all sources (including contributions)2017-12-31$12,026,267
Total loss/gain on sale of assets2017-12-31$0
Total of all expenses incurred2017-12-31$8,051,530
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$7,944,207
Expenses. Certain deemed distributions of participant loans2017-12-31$9,688
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$1,322,718
Value of total assets at end of year2017-12-31$66,495,613
Value of total assets at beginning of year2017-12-31$62,524,150
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$97,635
Total interest from all sources2017-12-31$26,940
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$82,635
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$1,087,061
Participant contributions at end of year2017-12-31$640,720
Participant contributions at beginning of year2017-12-31$574,750
Participant contributions at end of year2017-12-31$14,416
Participant contributions at beginning of year2017-12-31$19,508
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$7,245
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$4,768
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$3,974,737
Value of net assets at end of year (total assets less liabilities)2017-12-31$66,485,293
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$62,514,175
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$15,000
Interest on participant loans2017-12-31$26,940
Value of interest in master investment trust accounts at end of year2017-12-31$65,829,740
Value of interest in master investment trust accounts at beginning of year2017-12-31$61,920,493
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$235,657
Employer contributions (assets) at end of year2017-12-31$3,492
Employer contributions (assets) at beginning of year2017-12-31$4,631
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$7,944,207
Liabilities. Value of benefit claims payable at end of year2017-12-31$10,320
Liabilities. Value of benefit claims payable at beginning of year2017-12-31$9,975
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. RETIREMENT SAVINGS PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets2016-12-31$0
Total transfer of assets to this plan2016-12-31$67,727,315
Total transfer of assets from this plan2016-12-31$171,312
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$9,975
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$8,882,314
Total loss/gain on sale of assets2016-12-31$0
Total of all expenses incurred2016-12-31$13,924,142
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$13,827,527
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$1,573,080
Value of total assets at end of year2016-12-31$62,524,150
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$96,615
Total interest from all sources2016-12-31$26,909
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$73,549
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$1,185,203
Participant contributions at end of year2016-12-31$574,750
Participant contributions at beginning of year2016-12-31$0
Participant contributions at end of year2016-12-31$19,508
Participant contributions at beginning of year2016-12-31$0
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$65,254
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$4,768
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$0
Administrative expenses (other) incurred2016-12-31$10,662
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$-5,041,828
Value of net assets at end of year (total assets less liabilities)2016-12-31$62,514,175
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$12,404
Interest on participant loans2016-12-31$26,909
Value of interest in master investment trust accounts at end of year2016-12-31$61,920,493
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$322,623
Employer contributions (assets) at end of year2016-12-31$4,631
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$13,827,527
Liabilities. Value of benefit claims payable at end of year2016-12-31$9,975
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. RETIREMENT SAVINGS PLAN

2023: MANITOWOC FOODSERVICE, INC. RETIREMENT SAVINGS 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. RETIREMENT SAVINGS 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 planYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: MANITOWOC FOODSERVICE, INC. RETIREMENT SAVINGS 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 planYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: MANITOWOC FOODSERVICE, INC. RETIREMENT SAVINGS 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 planYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: MANITOWOC FOODSERVICE, INC. RETIREMENT SAVINGS 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 planYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: MANITOWOC FOODSERVICE, INC. RETIREMENT SAVINGS 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 planYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: MANITOWOC FOODSERVICE, INC. RETIREMENT SAVINGS 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. RETIREMENT SAVINGS 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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