Mtd Products Inc 401(k) Plan (terminated 2022): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2022, when $273.9 million was transferred out of the plan. Assets moved to the STANLEY BLACK & DECKER RETIREMENT ACCOUNT PLAN (sponsored by STANLEY BLACK & DECKER, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the STANLEY BLACK & DECKER RETIREMENT ACCOUNT PLAN →

Mtd Products Inc 401(k) Plan Facts (plan year 2022)

Plan name
MTD PRODUCTS INC SALARIED 401(K) AND DC RETIREMENT
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MTD PRODUCTS INC
Participants
1,983
Former employees with a balance
0
Employer contributions
$4,307,813 in plan year 2022 (27% of all contributions)
Recordkeeper
Empower Annuity Insurance Company O
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Jan 1, 1985
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Dec 31, 2022), filed Oct 5, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $16.3 million went into the plan in contributions, $4.31 million of it from the employer (27%).
  • $67.7 million was paid out to participants.

How the Mtd Products Inc 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20171,830$226.6 million$8.17 million$9.30 million
20181,884$222.8 million$8.55 million$19.3 million
20191,843$267.9 million$9.20 million$17.5 million
20201,865$325.2 million$9.66 million$16.1 million
20211,873$376.1 million$9.91 million$19.3 million
2022 (final)1,983$0$4.31 million$67.7 million

Mtd Products Inc 401(k) Contact Information

Phone
330-225-2600
Mailing address
5903 GRAFTON ROAD, VALLEY CITY OH 44280
Plan sponsor
MTD PRODUCTS INC
Employer identification number (EIN)
06-1650267
Plan number
007

Questions about the Mtd Products Inc 401(k)

Is the Mtd Products Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2022. Its assets were transferred to the STANLEY BLACK & DECKER RETIREMENT ACCOUNT PLAN.

Does Mtd Products Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $4.31 million, 27% of all contributions.

Does the Mtd Products Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Mtd Products Inc 401(k) plan?

1,983 participants at the start of plan year 2022.

Who manages the Mtd Products Inc 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY O) is the plan's recordkeeper, which is where participants log in to see their balance.

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