Parker Hannifin 401(k) and pension plans

Parker Hannifin Corporation, Cleveland, OH. EIN 34-0451060. Annual reports 2009–2024. Also filed as Meggitt Aircraft Braking Systems Corporation; Snap-Tite, Inc.; Parker-Hannifin Corporation; Velcon Management, Inc.

Parker Hannifin Corporation has 2 active retirement plans on file. The largest is the Parker Retirement Savings Plan, with 42,434 participants and $9.0 billion in assets in 2024. Fidelity has been its recordkeeper since 2009.

Active plans
2
Participants
79,839
Plan assets
$12.4 billion
401(k) recordkeeper
Fidelity
Plans on file
11
Industry
Manufacturing

All 11 plans

Active plans first

Parker Retirement Savings Plan

401(k) with ESOPActive

Active. The plan filed its annual report for the 2024 plan year.

Plan number
075Employer EIN 34-0451060
Participants (2024)
42,434
Net assets (2024)
$9.0 billion
Recordkeeper
Fidelity2009–2024
Plan administrator
Parker Hannifin Corporation
6035 Parkland BLVD
Cleveland, OH 44124
(216) 896-3000As filed for 2024
In effect since
April 1, 1980

Plans merged into this one: Goshen Rubber Company, Inc. GRC Employees 401K Savings Plan (2010); Hi-Tech Rubber Inc. Salary Savings Plan (2011); Velcon Filters, LLC 401(k) Profit Sharing Plan (2016); Meggitt-Usa, Inc. 401(k) Plan (2023); Clarcor 401(k) Plan (2017); Clarcor 401(k) Retirement Savings Plan (2017); Exotic Metals Forming Company LLC Profit Sharing Retirement and 401K Plan (2020).

Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
202442,434$9.0 billionFidelity
202338,313$7.2 billionFidelity
202236,654$5.9 billionFidelity
202135,740$7.1 billionFidelity
202033,021$5.6 billionFidelity
201932,405$5.3 billionFidelity
201833,088$4.4 billionFidelity
201731,810$4.9 billionFidelity
201626,768$4.1 billionFidelity
201528,422$3.7 billionFidelity
201427,907$4.2 billionFidelity
201330,462$4.1 billionFidelity
201230,958$3.3 billionFidelity
201128,748$2.9 billionFidelity
201031,039$3.1 billionFidelity
200930,628$2.5 billionFidelity

Parker Defined Benefit Pension Plan

Cash balance pensionActive

Active. The plan filed its annual report for the 2024 plan year.

Plan number
080Employer EIN 34-0451060
Participants (2024)
37,405
Net assets (2024)
$3.4 billion
Plan administrator
Parker Total Rewards Plan Administration Committee
Patricia Emond, 6035 Parkland BLVD
Cleveland, OH 44124
(216) 896-3000As filed for 2024
In effect since
May 1, 1989

Plans merged into this one: Parker-Hannifin Consolidated Pension Plan - a (2022); Whittaker Corporation Employees' Pension Plan (2023); K & F Industries Retirement Plan for Salaried Employees (2023).

Earlier sponsor: Meggitt Aircraft Braking Systems Corporation (2009–2017).

Earlier plan names: Aircraft Braking Systems/Engineered Fabrics Retirement Plan for Bargaining Unit Employees; Parker Defined Benefit Plan.

Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
202437,405$3.4 billionnot listed
2023n/a$3.6 billionnot listed
20171,626$119 millionnot listed
20161,846$98.9 millionnot listed
20151,846$98.6 millionnot listed
20141,867$106 millionnot listed
20131,896$101 millionnot listed
20121,907$88.4 millionnot listed
20111,925$74.4 millionnot listed
20101,933$66.4 millionnot listed
20091,942$57.2 millionnot listed

Parker-Hannifin Consolidated Pension Plan - a

Cash balance pension, frozenMerged

Merged. In 2022 its assets moved to the Parker Defined Benefit Pension Plan, sponsored by Parker Hannifin Corporation (EIN 34-0451060, plan 080). Accounts moved with them, so that plan is the one to contact.

Plan number
070Employer EIN 34-0451060
Participants (2021)
36,778
Net assets (2021)
$3.5 billion
Administered by
Aon2019–2022
Plan administrator
Parker Total Rewards Administration Committee
6035 Parkland Boulevard
Cleveland, OH 44124
(216) 896-3000As filed for 2022
In effect since
June 1, 1982

Plans merged into this one: The Parker-Hannifin Consolidated Pension Plan (2016); Clarcor Inc. Pension Plan (2016); Lord Corporation Hourly Employees' Pension Plan (2019); Lord Corporation Salaried Employees' Pension Plan (2019).

Earlier sponsors: Pecofacet (US), Inc. (2016–2017); Parker Hannifin Filtration (US). Inc. (2018–2019).

Earlier plan names: Retirement Plan for Employees of Perry Equipment C.

Year by year, 2016 to 2022
Plan yearParticipantsNet assetsRecordkeeper
20220$0Aon
202136,778$3.5 billionAon
202037,391$3.9 billionAon
201937,656$3.4 billionAon
201835,022$3.1 billionnot listed
201734,935$3.0 billionnot listed
2016389$22.0 millionnot listed

The Parker-Hannifin Consolidated Pension Plan

Pension (defined benefit)Merged

Merged. In 2016 its assets moved to the Retirement Plan for Employees of Perry Equipment Corporation, sponsored by Parker Hannifin Corporation (EIN 26-1200603, plan 001). Accounts moved with them, so that plan is the one to contact.

Plan number
001Employer EIN 34-0451060
Participants (2015)
32,706
Net assets (2015)
$2.4 billion
Plan administrator
Parker Hannifin Corporation
6035 Parkland BLVD
Cleveland, OH 44124
(216) 896-3000As filed for 2016
In effect since
May 1, 1968

Plans merged into this one: Snap-Tite, Inc. Pension Plan (2012); Snap-Tite, Inc. Ponn Manufacturing Plant Production Employees' Pension Plan (2012); Snap-Tite, Inc. QD&V Union City Production Employees' Pension Plan (2012); Salaried Employees Pension Plan of Wynns-Precision, Inc. (2012).

Year by year, 2009 to 2016
Plan yearParticipantsNet assetsRecordkeeper
20160$0not listed
201532,706$2.4 billionnot listed
201433,036$2.3 billionnot listed
201336,464$2.5 billionnot listed
201239,803$2.3 billionnot listed
201138,729$2.0 billionnot listed
201038,999$2.0 billionnot listed
200939,235$1.4 billionnot listed

Velcon Filters, LLC 401(k) Profit Sharing Plan

401(k)Merged

Merged. In 2016 its assets moved to the Parker Retirement Savings Plan, sponsored by Parker Hannifin Corporation (EIN 34-0451060, plan 075). Accounts moved with them, so that plan is the one to contact.

Plan number
002Employer EIN 34-0451060
Participants (2015)
119
Net assets (2015)
$4.8 million
Recordkeeper
Empower2016
Plan administrator
Velcon Management, Inc.
1210 Garden of the Gods RD.
Colorado Springs, CO 80907
(719) 528-7217As filed for 2016
In effect since
April 1, 1996

Earlier sponsor: Parker Hannifin Corp. (2013–2014).

Year by year, 2012 to 2016
Plan yearParticipantsNet assetsRecordkeeper
20160$0Empower
2015119$4.8 millionnot listed
2014154$6.8 millionnot listed
2013148$7.0 millionnot listed
2012162$8.3 millionnot listed

Snap-Tite, Inc. Pension Plan

Pension (defined benefit), frozenMerged

Merged. In 2012 its assets moved to the The Parker Hanninfin Consolidated Pension Plan, sponsored by Parker Hannifin Corporation (EIN 34-0451060, plan 001). Accounts moved with them, so that plan is the one to contact.

Plan number
188Employer EIN 34-0451060
Participants (2011)
753
Net assets (2011)
$22.3 million
Plan administrator
Parker-Hannifin Corporation
6035 Parkland BLVD.
Cleveland, OH 44124
(216) 896-3000As filed for 2012
In effect since
June 1, 1978

Earlier sponsor: Snap-Tite, Inc. (2009–2010).

Year by year, 2009 to 2012
Plan yearParticipantsNet assetsRecordkeeper
20120$0not listed
2011753$22.3 millionnot listed
2010755$23.6 millionnot listed
2009764$19.1 millionnot listed

Snap-Tite, Inc. Ponn Manufacturing Plant Production Employees' Pension Plan

Pension (defined benefit), frozenMerged

Merged. In 2012 its assets moved to the The Parker Hanninfin Consolidated Pension Plan, sponsored by Parker Hannifin Corporation (EIN 34-0451060, plan 001). Accounts moved with them, so that plan is the one to contact.

Plan number
190Employer EIN 34-0451060
Participants (2011)
66
Net assets (2011)
$274,719
Plan administrator
Parker-Hannifin Corporation
6035 Parkland BLVD
Cleveland, OH 44124
(216) 896-3000As filed for 2012
In effect since
June 1, 1978

Earlier sponsor: Snap-Tite, Inc. (2009–2010).

Year by year, 2009 to 2012
Plan yearParticipantsNet assetsRecordkeeper
20120$0not listed
201166$274,719not listed
201066$280,897not listed
200966$221,767not listed

Snap-Tite, Inc. QD&V Union City Production Employees' Pension Plan

Pension (defined benefit), frozenMerged

Merged. In 2012 its assets moved to the Parker-Hannifin Consolidated Pension Plan, sponsored by Parker Hannifin Corporation (EIN 34-0451060, plan 001). Accounts moved with them, so that plan is the one to contact.

Plan number
189Employer EIN 34-0451060
Participants (2011)
253
Net assets (2011)
$5.0 million
Plan administrator
Parker-Hannifin Corporation
6035 Parkland BLVD.
Cleveland, OH 44124
(216) 896-3000As filed for 2012
In effect since
June 1, 1978

Earlier sponsor: Snap-Tite, Inc. (2009–2010).

Earlier plan names: Snap-Tite, Inc. QD&V Union City Plant Production Employees' Pension Plan; Snap-Tite, Inc. QD&V Union City Plan Production Employees' Pension Plan.

Year by year, 2009 to 2012
Plan yearParticipantsNet assetsRecordkeeper
20120$0not listed
2011253$5.0 millionnot listed
2010253$5.3 millionnot listed
2009256$4.4 millionnot listed

Salaried Employees Pension Plan of Wynns-Precision, Inc.

Pension (defined benefit), frozenMerged

Merged. In 2012 its assets moved to the The Parker-Hannifin Consolidated Pension Plan, sponsored by Parker Hannifin Corporation (EIN 34-0451060, plan 001). Accounts moved with them, so that plan is the one to contact.

Plan number
147Employer EIN 34-0451060
Participants (2011)
213
Net assets (2011)
$8.4 million
Plan administrator
Parker Hannifin Corporation
6035 Parkland BLVD
Cleveland, OH 44124
(216) 896-3000As filed for 2012
In effect since
June 14, 1959
Year by year, 2009 to 2012
Plan yearParticipantsNet assetsRecordkeeper
20120$0not listed
2011213$8.4 millionnot listed
2010229$8.6 millionnot listed
2009238$7.2 millionnot listed

Hi-Tech Rubber Inc. Salary Savings Plan

401(k)Merged

Merged. In 2011 its assets moved to the Parker Retirement Savings Plan, sponsored by Parker Hannifin Corporation (EIN 34-0451060, plan 075). Accounts moved with them, so that plan is the one to contact.

Plan number
185Employer EIN 34-0451060
Participants (2010)
414
Net assets (2010)
$7.8 million
Recordkeeper
Transamerica2009–2011
Plan administrator
Parker Hannifin Corporation
6035 Parkland BLVD.
Cleveland, OH 44124
(216) 896-3000As filed for 2011
In effect since
February 1, 1990
Year by year, 2009 to 2011
Plan yearParticipantsNet assetsRecordkeeper
20110$0Transamerica
2010414$7.8 millionTransamerica
2009440$7.4 millionTransamerica

Goshen Rubber Company, Inc. GRC Employees 401K Savings Plan

401(k)Merged

Merged. In 2010 its assets moved to the Parker Retirement Savings Plan, sponsored by Parker Hannifin Corporation (EIN 34-0451060, plan 075). Accounts moved with them, so that plan is the one to contact.

Plan number
145Employer EIN 34-0451060
Participants (2009)
280
Net assets (2009)
$8.6 million
Recordkeeper
Fidelity2009–2010
Plan administrator
Parker Hannifin Corpoartion
6350 Parkland Boulevard
Cleveland, OH 44124
(216) 896-3000As filed for 2010
In effect since
July 1, 1984
Year by year, 2009 to 2010
Plan yearParticipantsNet assetsRecordkeeper
20100$0Fidelity
2009280$8.6 millionFidelity

If you had money in one of these plans

  1. Call Fidelity (fidelity.com), which runs the Parker Retirement Savings Plan. With your Social Security number and the plan name, it can tell you whether you still have a balance and, if not, where it went.
  2. Or call the plan administrator listed on the plan below ((216) 896-3000). That number was filed for 2024; ask for the benefits or retirement plan office.
  3. If your plan was merged, your account moved with it. Follow the link on the plan to the plan it went into, and contact that one.
  4. Still stuck? The Department of Labor's benefits advisers help for free: askebsa.dol.gov or 1-866-444-3272. Never pay anyone to find your own money.

What these numbers are

Sources: U.S. Department of Labor, Form 5500 datasets and PBGC trusteed plans. How we read them.

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