Savings Investment Plan 12/31/13
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 11-K
ANNUAL REPORT PURSUANT TO SECTION 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
For the Fiscal Year Ended December 31, 2013
Commission File Number 1-15401
ENERGIZER HOLDINGS, INC.
SAVINGS INVESTMENT PLAN
ENERGIZER HOLDINGS, INC.
533 Maryville University Drive
St. Louis, Missouri 63141
(314) 985-2000
ENERGIZER HOLDINGS, INC. SAVINGS INVESTMENT PLAN
Index to Financial Statements
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INDEX |
| | Page |
Report of Independent Registered Public Accounting Firm | | |
| | |
Financial Statements | | |
Statements Of Net Assets Available For Benefits | | |
Statements Of Changes In Net Assets Available For Benefits | | |
Notes To Financial Statements | | |
| | |
Supplemental Schedule | | |
Report Of Independent Registered Public Accounting Firm On Supplemental Information | | |
Schedule Of Assets (Held At End Of Year) | | |
| | |
Signatures | | |
| | |
Exhibit Index | | |
Report of Independent
Registered Public Accounting Firm
Energizer Plans Administrative Committee
Energizer Holdings, Inc. Savings Investment Plan
We have audited the accompanying statements of net assets available for benefits of the Energizer Holdings, Inc. Savings Investment Plan (the Plan) as of December 31, 2013 and 2012 and the related statements of changes in net assets available for benefits for the years then ended. These financial statements are the responsibility of the Plan's management. Our responsibility is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Plan's internal control over financial reporting. Accordingly, we express no such opinion. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2013 and 2012, and the changes in net assets available for benefits for the years then ended in conformity with accounting principles generally accepted in the United States of America.
/s/ RubinBrown LLP
St. Louis, Missouri
June 18, 2014
ENERGIZER HOLDINGS, INC. SAVINGS INVESTMENT PLAN
STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS
(Dollars in thousands)
|
| | | | | | | | |
| December 31, | |
| 2013 | | 2012 | |
Assets | | | | |
Investments, at fair value (Notes 5 and 6) | | | | |
Registered Investment Companies: | | | | |
Vanguard Industrial Index Fund | $ | 116,924 |
| * | $ | 100,081 |
| * |
Vanguard Wellington Fund Admiral Shares | 82,889 |
| * | 74,363 |
| * |
Vanguard Windsor II Fund Admiral Shares | 61,501 |
| * | — |
| |
Vanguard International Growth Fund | 50,321 |
| * | 43,791 |
| * |
Vanguard Total Bond Market Index Fund Institutional Shares | 49,634 |
| * | 60,724 |
| * |
Vanguard Windsor II Fund Investor Shares | — |
| | 54,448 |
| * |
Other | 279,963 |
| | 241,540 |
| |
Total Registered Investment Companies | 641,232 |
| | 574,947 |
| |
Common stock - Company Common Stock Fund | 55,324 |
| * | 53,970 |
| * |
Vanguard Retirement Savings Trust (Common/Collective Trust) | 150,792 |
| * | 143,598 |
| * |
Total Investments | 847,348 |
| | 772,515 |
| |
Cash | — |
| | 21,594 |
| |
Company contributions receivable | 264 |
| | — |
| |
Notes Receivable From Participants | 14,427 |
| | 15,325 |
| |
Net Assets Available for Benefits Reflecting Investments At Fair Value | 862,039 |
| | 809,434 |
| |
Adjustment from fair value to contract value for fully benefit- responsive investment contracts | (4,079 | ) | | (7,228 | ) | |
Net Assets Available For Benefits (at contract value) | $ | 857,960 |
| | $ | 802,206 |
| |
* Investment represents 5% or more of Plan's net assets
See the accompanying notes to financial statements.
ENERGIZER HOLDINGS, INC. SAVINGS INVESTMENT PLAN
STATEMENTS OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
(Dollars in thousands)
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| | | | | | |
| For The Years Ended December 31, |
| 2013 | 2012 |
Additions To Net Assets Attributed To: | |
Company contributions | $ | 9,293 |
| $ | 8,479 |
|
Participant contributions | 29,397 |
| 28,538 |
|
Asset transfers in | — |
| 22,397 |
|
Total Additions | 38,690 |
| 59,414 |
|
Deductions From Net Assets Attributed To: | | |
Benefits paid | 126,899 |
| 47,521 |
|
Administrative expenses | 335 |
| 51 |
|
Total Deductions | 127,234 |
| 47,572 |
|
Income: | | |
Investment income | | |
Interest and dividends income | 24,176 |
| 17,974 |
|
Net appreciation in fair value of investments | 119,491 |
| 55,541 |
|
Net Investment Income | 143,667 |
| 73,515 |
|
Interest income on notes receivable from participants | 631 |
| 641 |
|
Total Income | 144,298 |
| 74,156 |
|
Net Increase | 55,754 |
| 85,998 |
|
Net Assets Available For Benefits - Beginning Of Year | 802,206 |
| 716,208 |
|
Net Assets Available For Benefits - End Of Year | $ | 857,960 |
| $ | 802,206 |
|
See the accompanying notes to financial statements.
ENERGIZER HOLDINGS, INC. SAVINGS INVESTMENT PLAN
NOTES TO FINANCIAL STATEMNTS
December 31, 2013 and 2012
(Dollars in thousands, except where stated otherwise)
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1. | Description of the Plan |
The following is a summary of the Energizer Holdings, Inc. Savings Investment Plan (the Plan) and provides only general information. Participants should refer to the Plan document for a more complete description of the Plan's provisions.
General
The Plan is a defined contribution plan, established for the purpose of enabling employees to enhance their long-range financial security through regular savings with the benefit of Energizer Holdings, Inc. (the Company or Plan Sponsor) matching contributions.
The Plan is subject to certain provisions of the Employee Retirement Income Security Act of 1974, as amended (ERISA). However, benefits under the Plan are not eligible for plan termination insurance provided by the Pension Benefit Guaranty Corporation under Title IV of ERISA. It is the Company's intent that the Plan meets the requirements of Section 404(c) of ERISA. Section 404(c) relieves plan fiduciaries of liability for losses that are the direct and necessary result of the participant's exercise of control over assets in the participant's Plan account.
On November 23, 2010, Energizer Holdings, Inc. acquired substantially all of the assets of American Safety Razor Company, LLC and certain of its subsidiaries. On December 31, 2012, the assets of the American Safety Razor Company 401(k) Salaried Employee Plan and the American Safety Razor Company 401(k) Hourly Employee Plan totaling approximately $21,594 were transferred into the Plan, net of loans already accounted for within the Plan.
Plan Participation
Participation in the Plan is open to substantially all regular full and part-time domestic employees of the Company and its designated subsidiaries, including certain internationally assigned employees who are subject to the U.S. Federal Insurance Contributions Act tax. Prior to January 1, 2013, employees of Energizer ASR LLC were excluded from participating in the Plan.
Eligible employees may participate in the Plan immediately upon hire. Eligible employees are automatically enrolled as Plan participants following 30 days of employment, unless within such 30 day period they either opt out of participation or elect to begin participation earlier. Under the automatic enrollment process, contribution levels and investment choices are pre-determined, unless employees take action to increase or decrease contributions or change investment direction.
Contributions
Participants may contribute from 1% to 50% of their compensation (as defined by the Plan) in 1% increments on a before-tax basis, subject to Internal Revenue Service (IRS) limits. Employees who are automatically enrolled in the Plan contribute 6% on a before-tax basis, unless they take action to change the contribution percentage. Before-tax contributions not exceeding 6% of the participant's compensation are matched 50% by the Company. Participants may also contribute from 1% to 22% of compensation, in 1% increments, on an after-tax basis, subject to IRS limits.
Investment Options
All participant contributions and Company matching contributions are invested at the participant's direction in the investment funds offered by the Plan and selected by the participant.
Company Common Stock Fund
The Company Common Stock Fund is designed to invest primarily in shares of common stock of the Company and is intended to constitute an employee stock ownership plan within the meaning of Code section 4975(e)(7). This fund also maintains some cash equivalents. Participants may elect to invest in the Company Common Stock Fund at any time and from time to time. A participant may elect to receive dividends on the
shares of Company common stock allocated to his/her account in the Company Common Stock Fund paid in cash directly to him/her. Any such participant election to receive cash dividends directly remains in effect until changed by the participant. Dividends not paid in cash to the participant are reinvested in the Company Common Stock Fund.
Vesting
Employee before-tax and after-tax contributions and earnings thereon vest immediately. Company matching contributions and earnings thereon vest over a period of four years at a rate of 25% per year for each year of service. Participants are 100% vested in Company matching contributions and earnings thereon after four years of service. In the event of (i) a participant's attainment of age 65 while still employed, (ii) retirement (termination of employment after age 55), (iii) death, (iv) total and permanent disability while still employed, or (v) termination of employment within 12 months following a change in control (as defined by the Plan) provided that such termination is either by the participant for good reason (as defined by the Plan) or by the participant's employer for any reason other than cause (as defined by the Plan), Company contributions and earnings thereon become 100% vested, even if the participant has been credited with fewer than four years of service.
Forfeitures
Upon the participant's termination of employment, any Company matching contributions and the earnings thereon that are not vested will be forfeited, but will be restored and eligible for additional vesting if the participant again becomes an eligible employee within five years after termination and completes any remaining required period of service. Forfeitures, net of amounts restored, are used to reduce future Company matching contributions required under the Plan.
Payment of Benefits
Upon death, disability, termination of employment, or attainment of age 70.5, a participant may receive a lump-sum amount equal to the value of the participant's vested interest in his/her account or in various installment options specified in the Plan. Participant accounts with vested balances of $1 or less will be automatically distributed unless the plan administrator is otherwise instructed.
Plan In-Service Withdrawals
In-service withdrawals of before-tax contributions and the vested portion of the Company's matching contributions contributed to this Plan may be made prior to termination or retirement in the event of financial hardship or any time after the participant attains age 59.5. For all participants, hardship distributions are limited to the amount required to meet the need created by the hardship to the extent the need cannot be satisfied by other resources of the participant. After-tax contributions and earnings thereon may be withdrawn at any time.
Notes Receivable From Participants
Participants may borrow from their accounts subject to the provisions of the Plan. Loans are limited in the aggregate to the lesser of 50% of the vested amount in the participant's account or $50, reduced by the highest outstanding participant loan balance in the one year period ending immediately before the date of the new loan. The minimum loan amount is $1. Participants pay interest on such loans, at a fixed rate of 1% above the prime rate, determined as of the first day of the month in which the participant applies for the loan. Participant loans may be up to a maximum loan period of 5 years for general-purpose loans and 10 years for the purchase of a principal residence. Loan repayments are made through payroll deduction each pay period. Participants must agree orally (ratified by subsequent cashing of the loan check), electronically, or in writing to the terms of the loan. In the event of the participant's termination, the unpaid balance, if not repaid, will be subtracted from the participant's final distribution. Participant loan interest rates range from 4.25% to 9.25%, maturing at various dates through December 2023.
Plan Administration
The Plan is administered by the Energizer Plans Administrative Committee (EPAC). EPAC or one of its subcommittees reviews and determines benefit appeals by participants and has the exclusive right to interpret the Plan and to decide matters arising under the Plan or in connection with its administration, including determination of eligibility for, and the amount of distributions and withdrawals. Members of EPAC are Company employees and are appointed by the Company's Chief Executive Officer. The current members are as follows:
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| | |
Daniel J. Sescleifer | | Executive Vice President and Chief Financial Officer |
William C. Fox | | Vice President and Treasurer |
Peter J. Conrad | | Vice President, Human Resources |
Brian K. Hamm | | Vice President and Controller |
Sue K. Drath | | Vice President, Global Rewards |
David S. VerNooy | | Vice President, Global Operations and Research, Development and Engineering - Energizer Personal Care |
Dan Carpenter | | Vice President, Global Operations & Chief Technology Officer Operations Management - Energizer Household Products |
Vanguard Fiduciary Trust Company (Vanguard) is Trustee of the assets of the Plan. As Trustee, Vanguard has the authority to hold, manage and protect the assets of the Plan in accordance with the provisions of the Plan and the trust agreements.
Plan Termination
The Company may, by action of its Board of Directors, terminate the Plan with respect to all participating companies. In case of such termination, participants shall become fully vested in Company matching contributions credited to their accounts and, subject to Plan provisions and applicable law, the total amount in each participant's account shall be distributed to the participant or for the participant's benefit.
Administrative Expenses
Except for loan fees associated with notes receivable from participants and investment advisory fees, all significant administrative expenses of maintaining the Plan are paid by the Company. If the Company does not pay, the Plan is responsible for the expenses.
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2. | Summary of Significant Accounting Policies |
The significant accounting policies followed by the Plan are described below:
Basis of Accounting
The financial statements of the Plan are prepared using the accrual basis of accounting, except that distributions to participants are recorded when paid.
Investment Valuation
The following is a description of the valuation methodologies used for assets measured at fair value. See Note 6 for further information.
Registered Investment Companies
Shares of registered investment companies are valued at quoted market prices, which represent the net asset value (NAV) of shares held by the Plan at year-end.
Company Common Stock Fund
The Company Common Stock Fund is valued at the NAV of shares held by the Plan at year-end. The NAV is determined by dividing the net assets of the Company Common Stock Fund by the number of units outstanding on the day of valuation. The Company Common Stock Fund is comprised of shares of common stock of the Company that are traded on an active market and cash equivalents.
Common/Collective Trust
Units of the Vanguard Retirement Savings Trust (the Trust) are valued at fair market value of the underlying investments and then adjusted by the issuer to contract value. As described in accounting guidance on Reporting of Fully Benefit Responsive Investment Contracts Held by Certain Investment Companies Subject to the AICPA Investment Company Guide and Defined-Contribution Health and Welfare and Pension Plans, investment contracts held by a defined contribution plan are required to be reported at fair value. However, contract value is the relevant measurement attribute for that portion of the net assets available for benefits of a defined contribution plan attributable to fully benefit-responsive investment contracts because contract value is the amount participants would receive if they were to initiate permitted transactions under the terms of the Plan. As required by the accounting guidance previously mentioned, the statement of net assets available for benefits presents the fair value of the investment contracts as well as the adjustment of the fully benefit-responsive investment contracts from fair value to contract value. The statement of changes in net assets available for benefits is prepared on a contract-value basis.
The Trust invests primarily in synthetic investment contracts. Synthetic investment contracts consist primarily of mutual funds and bond trusts, which are valued at the net asset value of each fund or trust as of the close of the New York Stock Exchange at the end of the Plan year.
Notes Receivable From Participants
Notes receivable are measured at unpaid principal balance plus accrued but unpaid interest. Delinquent participant loans are reclassified as distributions based upon the terms of the Plan document.
Income Recognition
Interest income is recognized when earned and dividend income is recognized on the investments ex-dividend date, except for the Energizer Stock Fund, which recognizes dividends when paid. Net appreciation/(depreciation) includes the Plan's gains and losses on investments bought and sold, as well as held during the year.
Use of Estimates
The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires the Plan Sponsor to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of additions to and deductions from net assets during the reporting period. Actual results could differ from those estimates.
Payment of Benefits
Benefit payments are recorded when paid.
Risks and Uncertainties
The Plan invests in various investment securities. Investment securities are exposed to various risks such as interest rate, market and credit risks. Due to the level of risk associated with certain investment securities, it is at least reasonably possible that changes in the values of investment securities will occur in the near term and that such changes could materially affect participants' account balances and the amounts reported in the Statement of Net Assets Available for Benefits.
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3. | Related Party and Party-in-Interest |
The Plan allows for transactions with certain parties who may perform services or have fiduciary responsibilities to the Plan, including the Company. Certain Plan investments are shares of various investment funds and short-term investments which are owned and managed by Vanguard, as Trustee of the Plan's assets. The Plan invests in common stock of the Company and issues loans to participants, which are secured by the balances in the participants' accounts.
These transactions are exempt party-in-interest transactions under Section 408(b)(8) of ERISA.
At December 31, 2013 and 2012, included in the Plan’s net assets available for benefits, via the Company Common Stock Fund, are 508,132 and 672,775 shares, respectively, of Company common stock at a fair value of $55,000 and $53,808, respectively.
The Plan received a favorable letter of determination from the IRS dated September 23, 2013, indicating compliance with section 401(a) of the Internal Revenue Code of 1986, as amended (Code), and exemption under the provisions of section 501(a) of the Code. Thus, a provision for a federal income tax is not required in the accompanying financial statements. The Plan has been amended since the date of the determination letter; however, the Plan Sponsor believes the Plan is currently designed and being operated in compliance with the applicable requirements of the Code. Therefore, the Plan Sponsor believes the Plan was qualified and the related trust was tax-exempt as of the financial statement date.
Accounting principles generally accepted in the United States of America require Plan management to evaluate tax positions taken by the Plan and recognize a tax liability (or asset) if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Plan's federal tax returns for tax years 2010 and later remain subject to examination by taxing authorities.
For the years ended December 31, 2013 and 2012, the Plan's investments, including gains and losses on investments bought and sold, as well as held during the year, appreciated by $119,491 and $55,541, respectively, as follows:
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| | | | | | |
| For the Years Ended December 31, |
| 2013 | 2012 |
Net appreciation in fair market value: | | |
Registered investment companies | $ | 102,461 |
| $ | 53,417 |
|
Common stock - Company Common Stock Fund | 17,030 |
| 2,124 |
|
Total net appreciation in fair market value | $ | 119,491 |
| $ | 55,541 |
|
Investments that represent 5% or more of the Plan net assets are separately identified in the “Statements of Net Assets Available for Benefits”.
Common/Collective Trust
The Trust's underlying investments seek to preserve capital and provide a competitive level of income over time that is consistent with the preservation of capital. The Trust does not have any unfunded commitments relating to its investments or any significant restrictions on redemptions. Participant-directed redemptions may be made on any business day and do not have a redemption notice period.
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6. | Financial Instruments Measured at Fair Value |
Accounting guidance on fair value measurements for certain financial assets and liabilities requires that assets and liabilities carried at fair value be classified in one of the following three categories:
Level 1: Quoted market prices in active markets for identical assets or liabilities.
Level 2: Observable market based inputs or unobservable inputs that are corroborated by market data.
Level 3: Unobservable inputs reflecting the reporting entity's own assumptions or external inputs from inactive
markets.
Under the fair value accounting guidance hierarchy an entity is required to maximize the use of quoted market prices and minimize the use of unobservable inputs. The following table sets forth the Plan's financial assets, which are carried at fair value as of December 31, 2013 and 2012, that are measured on a recurring basis during the period, utilizing a market approach valuation technique, segregated by level within the fair value hierarchy.
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| | | | | | | | | | | | | | | | | | | | |
| Level 1 | | Level 2 | | Total |
| December 31, | | December 31, | | December 31, |
| 2013 | 2012 | | 2013 | 2012 | | 2013 | 2012 |
Assets at fair value: | | | | | | | | |
Registered Investment Companies: | | | | | | | | |
Index Funds | $ | 55,784 |
| $ | 72,065 |
| | $ | — |
| $ | — |
| | $ | 55,784 |
| $ | 72,065 |
|
International Growth Funds | 69,056 |
| 56,711 |
| | — |
| — |
| | 69,056 |
| 56,711 |
|
Large-Cap Index Funds | 217,916 |
| 183,054 |
| | — |
| — |
| | 217,916 |
| 183,054 |
|
Money Market Funds | 235 |
| 27,190 |
| | — |
| — |
| | 235 |
| 27,190 |
|
Small-Cap Index Funds | 74,227 |
| 57,706 |
| | — |
| — |
| | 74,227 |
| 57,706 |
|
Target Funds | 224,014 |
| 178,221 |
| | — |
| — |
| | 224,014 |
| 178,221 |
|
Total Registered Investment Companies | 641,232 |
| 574,947 |
| | — |
| — |
| | 641,232 |
| 574,947 |
|
Common Stock - Company Common Stock Fund | — |
| — |
| | 55,324 |
| 53,970 |
| | 55,324 |
| 53,970 |
|
Common/Collective Trust | — |
| — |
| | 150,792 |
| 143,598 |
| | 150,792 |
| 143,598 |
|
Total assets at fair value | $ | 641,232 |
| $ | 574,947 |
| | $ | 206,116 |
| $ | 197,568 |
| | $ | 847,348 |
| $ | 772,515 |
|
At December 31, 2013 and 2012, the Plan had no Level 3 financial assets or liabilities. The Plan had no significant transfers during 2013 and 2012. There have been no changes in the methodologies used at December 31, 2013 or 2012.
Effective January 1, 2014, the pension benefit earned at that date by active participants under the legacy Energizer U.S. pension plans will be frozen and future service benefits will no longer be accrued under these retirement programs. As a result of the freezing of the U.S. pension plan, the Company will match 100% of participant contributions up to 6% of eligible compensation.
On April 28, 2014, the Board of Directors authorized management to pursue a plan to separate the Company’s Household Products and Personal Care divisions into two independent, publicly traded companies. The separation is planned as a tax-free spin-off to the Company’s shareholders and is expected to be completed in the second half of fiscal year 2015. The proposed separation is subject to further due diligence as appropriate and customary conditions, including receipt of regulatory approvals, an opinion of counsel regarding the tax-free nature of the separation, the effectiveness of a Form 10 filing with the Securities and Exchange Commission, and final approval by the Company's Board of Directors. The Company may, at any time and for any reason until the proposed separation is complete, abandon the separation or modify or change its terms. The Company can make no assurance that any spin-off transaction will ultimately occur, or if one does occur its terms or timing. Any subsequent impact to the Plan is unknown at this time.
As the Company continues to align its programs to market practices, the Company has decided to discontinue offering the Company Common Stock Fund in the Plan.
Effective September 1, 2014, the Company Common Stock Fund will be closed to elections and investment transfers into the Fund. Participants should reallocate their investment elections from the Company Common Stock Fund by the effective date. If no action is taken by the effective date, any new contributions will be redirected to a Vanguard Target Retirement fund with a target year closest to the year in which a participant will turn age 65.
Effective December 15, 2014, the Company Stock Fund will be removed from the Plan. Participants will have until December 15, 2014 to reallocate holdings in the Company Common Stock Fund to alternative investment options. Any amounts not reallocated by December 15, 2014 will be transferred to a Vanguard Target Retirement fund with a target year closest to the year in which the participant will turn age 65.
______________________________________________________________________________________________________
Supplemental Schedule
_____________________________________________________________________________________
Report Of Independent Registered Public
Accounting Firm On Supplemental Information
Energizer Plans Administrative Committee
Energizer Holdings, Inc. Savings Investment Plan
Our audits were performed for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental schedule of assets (held at end of year) as of December 31, 2013 is presented for purposes of additional analysis and is not a required part of the basic financial statements, but is supplementary information required by the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. This supplemental schedule is the responsibility of the Plan's management. The supplemental schedule has been subjected to the auditing procedures applied in the audits of the basic financial statements and, in our opinion, is fairly stated in all material respects in relation to the basic financial statements taken as a whole.
/s/ RubinBrown LLP
St. Louis, Missouri
June 18, 2014
ENERGIZER HOLDINGS, INC. SAVINGS INVESTMENT PLAN
EIN 43-1863181 PLAN NO. 002
SCHEDULE H, LINE 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)
December 31, 2013
(Dollars in Thousands)
|
| | | | | |
(a) | (b) Identity of Issue, Borrower, Lessor, or Similar Party | (c) Description of Investment Including Maturity Date, Rate of Interest, Collateral, Par, or Maturity Value | (d) Current Value |
* | Vanguard Group | Aberdeen Em Markets Inst | 6,298 |
|
* | Vanguard Group | DFA International ValPort | 12,437 |
|
* | Vanguard Group | RidgeWorth Small Cap Val; I Sh | 11,731 |
|
* | Vanguard Group | Vanguard Explorer Adm | 24,225 |
|
* | Vanguard Group | Vanguard Infla-Prot Securities | 6,150 |
|
* | Vanguard Group | Vanguard Inst Index Fund | 116,924 |
|
* | Vanguard Group | Vanguard Int'l Growth Fund Inv | 50,321 |
|
* | Vanguard Group | Vanguard PRIMECAP Adm | 39,491 |
|
* | Vanguard Group | Vanguard Prime Money Mkt | 235 |
|
* | Vanguard Group | Vanguard Small-Cap Index Signal | 38,271 |
|
* | Vanguard Group | Vanguard Tgt Retirement 2010 | 4,688 |
|
* | Vanguard Group | Vanguard Tgt Retirement 2015 | 16,519 |
|
* | Vanguard Group | Vanguard Tgt Retirement 2020 | 25,830 |
|
* | Vanguard Group | Vanguard Tgt Retirement 2025 | 21,750 |
|
* | Vanguard Group | Vanguard Tgt Retirement 2030 | 22,818 |
|
* | Vanguard Group | Vanguard Tgt Retirement 2035 | 15,742 |
|
* | Vanguard Group | Vanguard Tgt Retirement 2040 | 11,557 |
|
* | Vanguard Group | Vanguard Tgt Retirement 2045 | 7,817 |
|
* | Vanguard Group | Vanguard Tgt Retirement 2050 | 5,994 |
|
* | Vanguard Group | Vanguard Tgt Retirement 2055 | 650 |
|
* | Vanguard Group | Vanguard Target Retirement Inc | 7,760 |
|
* | Vanguard Group | Vanguard Total Bond Mkt Idx Inst | 49,634 |
|
* | Vanguard Group | Vanguard Wellington Adm | 82,889 |
|
* | Vanguard Group | Vanguard Windsor II Fund Inv | 61,501 |
|
| | Total Investment in Shares in Registered Investment Company | 641,232 |
|
* | Vanguard Group | Vanguard Retirement Saving Trust (Common/Collective Trust) | 146,713 |
|
* | Energizer Holdings, Inc. | Company Common Stock - Participant directed
| 55,324 |
|
* | Loans to Participants | Loans to Participants (various maturity dates through December 2023, 4.25% to 9.25% interest) | 14,427 |
|
| | | $ | 857,696 |
|
* Investment represents allowable transaction with a party-in-interest.
SIGNATURES:
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
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| | | | |
| | | | |
| ENERGIZER HOLDINGS, INC.
Registrant | |
| By: | /s/ Daniel J. Sescleifer | |
| | Daniel J. Sescleifer | |
| | Executive Vice President and Chief Financial Officer (Duly authorized signatory and Principal financial officer) | |
|
Date: June 18, 2014
EXHIBIT INDEX
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| | | | |
Exhibit No. | | Description | | |
23 | | Consent of Independent Registered Public Accounting Firm |