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. (2019) 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 2019

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

Other plans on this EIN

1 filing

#009Retirement-$2.09B assets

Prospect flagsHigh retiree %Low employer contribution

How to read this page

Total assets (EOY)

$136.2M

-3.2% from 2016

Total participants

4,026

+1.1% from 2016

Average account balance

No prior year

Annual return

18.95%

-10.99 pp from 2016

Benchmarks

See 144 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined benefit

Participants1,000-4,999

Cohort144 peers

Snapshot2019

Participant deferral / active EE

median $289

Employer contribution / active EE

$2,273

median $6,658

Participation rate

0.0%

median 0.0%

Avg account balance

median $682,094,093

Admin fee / account holder

median $3,101,387

Annual return

18.95%

median 19.02%

Overall peer rank

29of 100

29th 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
WELLS FARGO BANK, N.A.5+ years Filed as: WELLS FARGO & COMPANY Service code 64 · EIN 94-1347393	Recordkeeping Fees	$180,508
WILLIS TOWERS WATSON US LLC3 years Filed as: WILLIS TOWERS WATSON Service code 11 · EIN 53-0181291	Actuarial	$144,781
LSV ASSET MANAGEMENT3 years Service code 28 · EIN 23-2772200	Investment Management	$70,718
NISA INVESTMENT ADVISORS, LLC5+ years Filed as: NISA INVESTMENT ADVISORS Service code 28 · EIN 48-1140940	Investment Management	$65,665
HARDING LOEVNER LP5+ years Service code 28 · EIN 27-0684167	Investment Management	$64,683
BARROW, HANLEY, MEWHINNEY & STRAUSS5+ years Service code 28 · EIN 75-2403190	Investment Management	$52,281
REID & RIEGE, P.C.5+ years Service code 29 · EIN 06-0867204	Legal	$40,822
FIONDELLA, MILONE & LASARACINA LLP5+ years Service code 10 · EIN 06-1648707	Accounting	$34,817
DODGE & COX4 years Service code 28 · EIN 94-1441976	Investment Management	$27,295
THE BANK OF NEW YORK MELLON5+ years Service code 19 · EIN 13-5160382	Securities Custodian	$22,989

Enrolled actuary

1 attachment

ERIC GEISSLER

WILLIS TOWERS WATSON US LLC

Enrollment #2007911

3340 PLAYERS CLUB PARKWAY

SUITE 200

MEMPHIS, TN 38125

(901) 930-0000

Signed 2020-10-07

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

$1.3M

$1219 / participant

Contract admin$203K15.5%
Other / not subdivided$1M84.5%

% of EOY assets

0.965%

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

$682,094,093-100.0%

$133,543,011-100.0%

$341,093,897-100.0%

Participation rate

0.0%

0.0%0pp

8.0%-8.0pp

0.0%0pp

Annual return

18.95%

22.40%-3.4pp

29.77%-10.8pp

21.83%-2.9pp

Employer contribution / active EE

$2,273

$13,519-83.2%

$33,607-93.2%

$12,237-81.4%

Participant deferral / active EE

$806-100.0%

$96-100.0%

$987-100.0%

Admin fee / account holder

$3,101,387-100.0%

$835,310-100.0%

$1,551,325-100.0%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.5+ years

Filed as: WELLS FARGO & COMPANY

Service code 64 · EIN 94-1347393

Recordkeeping Fees

$180,508

WILLIS TOWERS WATSON US LLC3 years

Filed as: WILLIS TOWERS WATSON

Service code 11 · EIN 53-0181291

Actuarial

$144,781

LSV ASSET MANAGEMENT3 years

Service code 28 · EIN 23-2772200

Investment Management

$70,718

NISA INVESTMENT ADVISORS, LLC5+ years

Filed as: NISA INVESTMENT ADVISORS

Service code 28 · EIN 48-1140940

Investment Management

$65,665

HARDING LOEVNER LP5+ years

Service code 28 · EIN 27-0684167

Investment Management

$64,683

BARROW, HANLEY, MEWHINNEY & STRAUSS5+ years

Service code 28 · EIN 75-2403190

Investment Management

$52,281

REID & RIEGE, P.C.5+ years

Service code 29 · EIN 06-0867204

Legal

$40,822

FIONDELLA, MILONE & LASARACINA LLP5+ years

Service code 10 · EIN 06-1648707

Accounting

$34,817

DODGE & COX4 years

Service code 28 · EIN 94-1441976

Investment Management

$27,295

THE BANK OF NEW YORK MELLON5+ years

Service code 19 · EIN 13-5160382

Securities Custodian

$22,989

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