Harbinger Group Inc.
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SEC Filings

10-K
HRG GROUP, INC. filed this Form 10-K on 11/23/2016
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The fair value of pension plan assets by asset category as of September 30, 2016 and 2015 are as follows:
 
 
 
 
 
 
 
 
 
As of September 30, 2016 (in millions)
 
Level 1
 
Level 2
 
Level 3
 
Total
Equity Securities
 
 
 
 
 
 
 
 
U.S. equity securities
 
$
22.2

 
$
6.3

 
$

 
$
28.5

Foreign equity securities
 
10.4

 

 

 
10.4

Debt Securities
 
 
 
 
 
 
 
 
U.S. bonds
 
19.6

 
1.7

 

 
21.3

Foreign bonds
 
1.9

 
24.1

 

 
26.0

Real estate
 
1.7

 
5.8

 

 
7.5

Life insurance contracts
 

 
37.0

 

 
37.0

Other
 

 
34.4

 

 
34.4

Foreign cash & cash equivalents
 
13.7

 

 

 
13.7

Total plan assets
 
$
69.5

 
$
109.3

 
$

 
$
178.8

 
 
 
 
 
 
 
 
 
As of September 30, 2015 (in millions)
 
Level 1
 
Level 2
 
Level 3
 
Total
Equity Securities
 
 
 
 
 
 
 
 
U.S. equity securities
 
$
18.6

 
$
7.1

 
$

 
$
25.7

Foreign equity securities
 
10.5

 
6.2

 

 
16.7

Debt Securities
 
 
 
 
 

 
 
U.S. bonds
 
18.2

 
1.3

 
 
 
19.5

Foreign bonds
 
3.0

 
15.1

 

 
18.1

Foreign government bonds
 

 
11.2

 

 
11.2

Real estate
 
1.2

 
6.0

 

 
7.2

Life insurance contracts
 

 
35.5

 

 
35.5

Other
 

 
33.1

 

 
33.1

Foreign cash & cash equivalents
 
8.1

 

 

 
8.1

Total plan assets
 
$
59.6

 
$
115.5

 
$

 
$
175.1

The following benefit payments are expected to be paid:
(in millions)
 
US Plans
 
Non U.S. Plans
2017
 
$
3.7

 
$
5.4

2018
 
3.8

 
5.7

2019
 
4.0

 
6.4

2020
 
4.1

 
6.8

2021
 
4.2

 
7.0

2022-2026
 
21.2

 
40.0

Defined Contribution Plans
The Company sponsors a defined contribution pension plan for its domestic salaried employees, which allows participants to make contributions by salary reduction pursuant to Section 401(k) of the Internal Revenue Code. The Company also sponsors defined contribution pension plans for employees of certain foreign subsidiaries. Company contributions charged to operations, including discretionary amounts, for the years ended September 30, 2016, 2015 and 2014 were $11.8 million, $11.2 million, and $12.3 million.



S-40

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