Eaton Savings Plan — Form 5500 plan (Eaton Corporation)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Eaton Savings Plan is a benefit plan reported by Eaton Corporation under EIN 34-0196300 and plan number 055. The latest loaded filing year is 2023. The filing reports 35,923 participants and $7,323,966,718 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Eaton Corporation
EIN
34-0196300
Plan number
055
Plan type
2
Location
Cleveland, OH
Latest filing year
2023
Participants
35,923
End-of-year plan assets
$7,323,966,718

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202335,923H, C20241009163809NAL0010848531001
202337,944H, C20241010051353NAL0020457681001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$6,686,250,371
Net assets (EOY)
$6,686,250,371
Net assets (BOY)
$6,057,278,980

Income & contributions

Employer contributions
$90,542,455
Participant contributions
$180,595,533
Total contributions
$302,442,452
Total income / additions
$1,331,021,259

Expenses & distributions

Benefits paid
$700,642,934
Administrative expenses
$1,056,474
Total expenses
$702,054,305
Net increase / (decrease)
$628,966,954

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments Inst Op CoRECORDKEEPER$1,028,406$02023
Fidelity Investments Inst Op CoRECORDKEEPER$575,029$02023
Nepc LLCCONSULTANT$145,694not reported in the loaded dataset2023
Meaden & Moore, Ltd.AUDITOR$42,300not reported in the loaded dataset2023
Meaden & Moore, Ltd.AUDITOR$20,300not reported in the loaded dataset2023

Related Form 5500 pages