Back to top
FORM 5500 DATA

Pension Plan for employees of Firstmerit Corporation and affiliates

Overview

Plan Information

  • Plan Year01/01/2014 — 12/31/2014
  • Date of Plan11/01/1952
  • Net Assets as of 12/31/2014 $257,773,819
  • Plan Number1
  • Plan Type Single Employer
  • Is the plan collectively bargained? No
  • Did the plan file for an extension of time or the DFVC Program?Yes
  • Plan Funding Arrangement Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 12/31/2014

  • Active (Eligible) Participants1,644
  • Retired or separated participants receiving benefits1,588
  • Other retired or separated participants entitled to future benefits2,757
  • Subtotal5,989
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits154
  • Total6,143
  • Total number of participants as of 01/01/20143,981
  • Number of participants with account balances0
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2

Expenses

  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • Address106 South Main Street, 6th Floor
  • CityAkron
  • StateOH
  • Zip44308-1444
  • Telephone(330) 384-7060
  • EIN34-1339938
  • Industry Code522110
  • Named AdministratorJane E. Litz

Questions and Answers

Question Answer Amount
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No
Were any leases to which the plan was a party in default or classified during the year as uncollectible? No
Were there any nonexempt transactions with any party-in-interest? No
Was this plan covered by a fidelity bond? Yes $15,000,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No
Has the plan failed to provide any benefit when due under the plan? No
If this is an individual account plan, was there a blackout period? No
If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3? No

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Blackrock Fund Advisors
  • Dodge & Cox
  • Federated Investors
  • Gabelli Funds LLC
  • Vanguard Group Inc
  • Ngam Distribution, L.P.
  • Templeton Global Fund
  • Oppenheimer Funds Inc

Other Service Providers Receiving Direct or Indirect Compensation

Name Nature of Service Relationship to Plan Sponsor Direct Compensation Paid by Plan Indirect Compensation Paid by Plan Total Compensation
Private Bank/Global Bridge Investment advisory (plan), Direct payment from the plan NONE $206,333 $0 $206,333
Hewitt Associates LLC Accounting (including auditing), Actuarial, Consulting (pension), Investment advisory (plan), Valuation (appraisals, etc.) NONE $132,284 $0 $132,284
Profund Systems Inc/Procentia Inc Recordkeeping and information management (computing, tabulating, data processing, etc.), Foreign entity (...) NONE $7,750 $0 $7,750
Towers Watson Delaware Inc Actuarial, Direct payment from the plan NONE $6,758 $0 $6,758
Total $353,125 $0 $353,125

Indirect Compensation

There are no service providers with indirect compensation listed for this plan.

Service Providers Who Fail or Refuse to Provide Information

There are no service providers who failed or refused to provide information.

Termination Information on Accountants and Enrolled Actuaries

Name Position Explanation
Ss&G, Inc. Accountant The Termination of The Accounting Firm of Ss&G, Inc. Was Due Solely To Their Merger With Bdo USA, LLP.

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Core Bond Enhanced Index/Pim Prudential Retirement Ins DFE: Pooled Separate Account $0
Small Cap Value/Kennedy Capit Prudential Retirement Ins DFE: Pooled Separate Account $0
Prudential Short-Term Prudential Retirement Ins DFE: Pooled Separate Account $0
Mid Growth/Westfield Capital Prudential Retirement Ins DFE: Pooled Separate Account $0
Mid Cap Value/Integrity Prudential Retirement Ins DFE: Pooled Separate Account $0
Invesco Small Cap Growth Stgy Prudential Retirement Ins DFE: Pooled Separate Account $0
T Rowe Price Eqty Inc Stgy Prudential Retirement Ins DFE: Pooled Separate Account $0
Intl Bld/Pictet Asset Mgmt Prudential Retirement Ins DFE: Pooled Separate Account $0
T Rowe Price Growth Stk Stgy Prudential Retirement Ins DFE: Pooled Separate Account $0
International Growth/Artisan Prudential Retirement Ins DFE: Pooled Separate Account $0
Dryden S & P 500 Index Prudential Retirement Ins DFE: Pooled Separate Account $0
Core Plus Bond/Reams Fund Prudential Retirement Ins DFE: Pooled Separate Account $0
Templeton Foreign Strategy Prudential Retirement Ins DFE: Pooled Separate Account $0
Total $0

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.