Retirement plan

PENSION PLAN FOR HOURLY PAID EMPLOYEES OF STANLEY BLACK & DECKER, INC.

Name: STANLEY BLACK & DECKER, INC. - PENSION PLAN FOR HOURLY PAID EMPLOYEES OF STANLEY BLACK & DECKER, INC. (2015) Form 5500
Creator: STANLEY BLACK & DECKER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PENSION PLAN FOR HOURLY PAID EMPLOYEES OF STANLEY BLACK & DECKER, INC., STANLEY BLACK & DECKER, INC.

STANLEY BLACK & DECKER, INC.EIN 06-0548860Plan #002PY 2015

1000 STANLEY DRIVE - NEW BRITAIN, CT 06053860-225-5111stanleyblackanddecker.comLinkedIn10001+ employeesconsumer goods

Other plans on this EIN

1 filing

#009Retirement-$1.58B assets

Prospect flagsHigh retiree %Low employer contribution

How to read this page

Total assets (EOY)

$91M

-3.2% from 2016

Total participants

3,817

+1.1% from 2016

Average account balance

No prior year

Annual return

0.23%

-10.99 pp from 2016

Benchmarks

See 164 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined benefit

Participants1,000-4,999

Cohort164 peers

Snapshot2015

Participant deferral / active EE

median $494

Employer contribution / active EE

$2,491

median $6,443

Participation rate

0.0%

median 0.0%

Avg account balance

median $4,666,522

Admin fee / account holder

median $88,742

Annual return

0.23%

median -1.62%

Overall peer rank

48of 100

48th percentileavg across 6 metrics

Analytics

2015 - 2024

Total assets (EOY)

Plan-year ending balance

$111.95M

Average account balance

Total assets / participants with a balance (line 6g)

$34K

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

2,833

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Contributions (total)

Employer and participant dollars contributed each year

$2.20M

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+1.11%

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Mutual / pooled
Stocks
Bonds
Cash
Real estate
Loans

Service providers

Top 10 of 12 by compensation

Provider	Service type	Compensation
NISA INVESTMENT ADVISORS, LLC1+ years Filed as: NISA INVESTMENT ADVISORS Service code 28 · EIN 48-1140940	Investment Management	$182,858
HARDING LOEVNER LP1+ years Service code 28 · EIN 27-0684167	Investment Management	$159,879
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO & COMPANY Service code 64 · EIN 94-1347393	Recordkeeping Fees	$135,833
REID & RIEGE, P.C.1+ years Service code 29 · EIN 06-0867204	Legal	$106,841
WILLIS TOWERS WATSON US LLC1+ years Filed as: TOWERS WATSON DELAWARE INC. Service code 99 · EIN 53-0181291	Other Fees	$79,251
BARROW, HANLEY, MEWHINNEY & STRAUSS1+ years Service code 28 · EIN 75-2403190	Investment Management	$51,870
THE BANK OF NEW YORK MELLON1+ years Service code 99 · EIN 13-5160382	Other Fees	$38,068
FIONDELLA, MILONE & LASARACINA LLP1+ years Service code 10 · EIN 06-1648707	Accounting	$33,966
SPRUCEGROVE INVESTMENT MGMT1+ years Filed as: SPRUCEGROVE INVESTMENT MANAGEMENT Service code 28 · EIN 98-0399967	Investment Management	$33,205
SHENKMAN CAPITAL MANAGEMENT1+ years Service code 28 · EIN 13-3280361	Investment Management	$22,291

Enrolled actuary

1 attachment

ERIC GEISSLER

TOWERS WATSON DELAWARE INC.

Enrollment #1407911

3350 PLAYERS CLUB PARKWAY

SUITE 200

MEMPHIS, TN 381258917

(901) 252-4000

Signed 2016-09-28

Plan features & details

Pension benefit codes1B1C1D3H

Plan features

1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).
1C
Cash balance or similar plan
A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
1D
Floor-offset plan
Defined benefit plan whose benefits are offset by retirement benefits provided under an employer-sponsored defined contribution plan.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$487K

$433 / participant

Contract admin$190K39.0%
Other / not subdivided$297K61.0%

% of EOY assets

0.535%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: FIONDELLA, MILONE & LASARACINA LLP
Auditor EIN: 061648707
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$4,666,522-100.0%

$522,682-100.0%

$14,096,330-100.0%

Participation rate

0.0%

0.0%0pp

12.6%-12.6pp

0.0%0pp

Annual return

0.23%

-1.23%+1.5pp

-3.43%+3.7pp

1.67%-1.4pp

Employer contribution / active EE

$2,491

$11,541-78.4%

$25,607-90.3%

$10,506-76.3%

Participant deferral / active EE

$1,138-100.0%

$77-100.0%

$1,562-100.0%

Admin fee / account holder

$88,742-100.0%

$13,511-100.0%

$66,276-100.0%

Provider

Service type

Compensation

NISA INVESTMENT ADVISORS, LLC1+ years

Filed as: NISA INVESTMENT ADVISORS

Service code 28 · EIN 48-1140940

Investment Management

$182,858

HARDING LOEVNER LP1+ years

Service code 28 · EIN 27-0684167

Investment Management

$159,879

WELLS FARGO BANK, N.A.1+ years

Filed as: WELLS FARGO & COMPANY

Service code 64 · EIN 94-1347393

Recordkeeping Fees

$135,833

REID & RIEGE, P.C.1+ years

Service code 29 · EIN 06-0867204

Legal

$106,841

WILLIS TOWERS WATSON US LLC1+ years

Filed as: TOWERS WATSON DELAWARE INC.

Service code 99 · EIN 53-0181291

Other Fees

$79,251

BARROW, HANLEY, MEWHINNEY & STRAUSS1+ years

Service code 28 · EIN 75-2403190

Investment Management

$51,870

THE BANK OF NEW YORK MELLON1+ years

Service code 99 · EIN 13-5160382

Other Fees

$38,068

FIONDELLA, MILONE & LASARACINA LLP1+ years

Service code 10 · EIN 06-1648707

Accounting

$33,966

SPRUCEGROVE INVESTMENT MGMT1+ years

Filed as: SPRUCEGROVE INVESTMENT MANAGEMENT

Service code 28 · EIN 98-0399967

Investment Management

$33,205

SHENKMAN CAPITAL MANAGEMENT1+ years

Service code 28 · EIN 13-3280361

Investment Management

$22,291

PENSION PLAN FOR HOURLY PAID EMPLOYEES OF STANLEY BLACK & DECKER, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

ERIC GEISSLER

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PENSION PLAN FOR HOURLY PAID EMPLOYEES OF STANLEY BLACK & DECKER, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

ERIC GEISSLER

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion