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. (2016) 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 2016

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

Other plans on this EIN

1 filing

#009Retirement-$1.66B assets

Prospect flagsHigh retiree %Low employer contribution

How to read this page

Total assets (EOY)

$94M

-3.2% from 2016

Total participants

3,777

+1.1% from 2016

Average account balance

No prior year

Annual return

11.22%

-10.99 pp from 2016

Benchmarks

See 182 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined benefit

Participants1,000-4,999

Cohort182 peers

Snapshot2016

Participant deferral / active EE

median $293

Employer contribution / active EE

$2,752

median $6,793

Participation rate

0.0%

median 0.0%

Avg account balance

median $381,942,733

Admin fee / account holder

median $2,655,710

Annual return

11.22%

median 6.73%

Overall peer rank

51of 100

51st 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 13 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.2+ years Filed as: WELLS FARGO & COMPANY Service code 64 · EIN 94-1347393	Recordkeeping Fees	$101,693
REID & RIEGE, P.C.2+ years Service code 29 · EIN 06-0867204	Legal	$64,400
NISA INVESTMENT ADVISORS, LLC2+ years Filed as: NISA INVESTMENT ADVISORS Service code 28 · EIN 48-1140940	Investment Management	$52,330
HARDING LOEVNER LP2+ years Service code 28 · EIN 27-0684167	Investment Management	$47,425
SPRUCEGROVE INVESTMENT MGMT2+ years Filed as: SPRUCEGROVE INVESTMENT MANAGEMENT Service code 28 · EIN 98-0399967	Investment Management	$36,491
WILLIS TOWERS WATSON US LLC2+ years Filed as: TOWERS WATSON DELAWARE INC. Service code 99 · EIN 53-0181291	Other Fees	$35,664
BARROW, HANLEY, MEWHINNEY & STRAUSS2+ years Service code 28 · EIN 75-2403190	Investment Management	$32,824
FIONDELLA, MILONE & LASARACINA LLP2+ years Service code 10 · EIN 06-1648707	Accounting	$32,447
SHENKMAN CAPITAL MANAGEMENT2+ years Service code 28 · EIN 13-3280361	Investment Management	$18,024
BRYAN CAVE LLP2+ years Filed as: BRYAN PENDELTON SWATS & MCALL Service code 65 · EIN 62-0853448	Account Maintenance	$13,200

Enrolled actuary

1 attachment

ERIC GEISSLER

TOWERS WATSON DELAWARE INC.

Enrollment #1707911

3340 PLAYERS CLUB PARKWAY

SUITE 200

MEMPHIS, TN 38125

(901) 930-0000

Signed 2017-09-14

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

$650K

$596 / participant

Contract admin$125K19.3%
Other / not subdivided$525K80.7%

% of EOY assets

0.692%

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

$381,942,733-100.0%

$151,941-100.0%

$381,942,733-100.0%

Participation rate

0.0%

0.0%0pp

10.6%-10.6pp

0.0%0pp

Annual return

11.22%

6.04%+5.2pp

5.44%+5.8pp

9.19%+2.0pp

Employer contribution / active EE

$2,752

$12,925-78.7%

$25,481-89.2%

$12,608-78.2%

Participant deferral / active EE

$746-100.0%

$65-100.0%

$1,615-100.0%

Admin fee / account holder

$2,655,710-100.0%

$11,765-100.0%

$2,655,710-100.0%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.2+ years

Filed as: WELLS FARGO & COMPANY

Service code 64 · EIN 94-1347393

Recordkeeping Fees

$101,693

REID & RIEGE, P.C.2+ years

Service code 29 · EIN 06-0867204

Legal

$64,400

NISA INVESTMENT ADVISORS, LLC2+ years

Filed as: NISA INVESTMENT ADVISORS

Service code 28 · EIN 48-1140940

Investment Management

$52,330

HARDING LOEVNER LP2+ years

Service code 28 · EIN 27-0684167

Investment Management

$47,425

SPRUCEGROVE INVESTMENT MGMT2+ years

Filed as: SPRUCEGROVE INVESTMENT MANAGEMENT

Service code 28 · EIN 98-0399967

Investment Management

$36,491

WILLIS TOWERS WATSON US LLC2+ years

Filed as: TOWERS WATSON DELAWARE INC.

Service code 99 · EIN 53-0181291

Other Fees

$35,664

BARROW, HANLEY, MEWHINNEY & STRAUSS2+ years

Service code 28 · EIN 75-2403190

Investment Management

$32,824

FIONDELLA, MILONE & LASARACINA LLP2+ years

Service code 10 · EIN 06-1648707

Accounting

$32,447

SHENKMAN CAPITAL MANAGEMENT2+ years

Service code 28 · EIN 13-3280361

Investment Management

$18,024

BRYAN CAVE LLP2+ years

Filed as: BRYAN PENDELTON SWATS & MCALL

Service code 65 · EIN 62-0853448

Account Maintenance

$13,200

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