Snap-On Incorporated 401k Savings Plan — Form 5500 plan (Snap-On Incorporated)

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, Snap-On Incorporated 401k Savings Plan is a benefit plan reported by Snap-On Incorporated under EIN 39-0622040 and plan number 005. The latest loaded filing year is 2023. The filing reports 9,139 participants and $894,050,075 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Snap-On Incorporated
EIN
39-0622040
Plan number
005
Plan type
2
Location
Kenosha, WI
Latest filing year
2023
Participants
9,139
End-of-year plan assets
$894,050,075

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20239,139H, C20240730135027NAL0031851456001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$894,050,075
Total liabilities (EOY)
$90,176
Net assets (EOY)
$893,959,899
Net assets (BOY)
$761,657,062

Income & contributions

Employer contributions
$12,000,909
Participant contributions
$37,003,159
Total contributions
$53,134,068
Total income / additions
$195,642,190

Expenses & distributions

Benefits paid
$65,374,713
Administrative expenses
$563,256
Total expenses
$65,937,969
Net increase / (decrease)
$129,704,221

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
T Rowe Price Rps IncNONE$482,847$02023
MorningstarNONE$25,366not reported in the loaded dataset2023
MercerNONE$25,000not reported in the loaded dataset2023
Wipfli LlpNONE$23,700not reported in the loaded dataset2023

Related Form 5500 pages