The Toro Company Retirement Plan — Form 5500 plan (The Toro Company)

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, The Toro Company Retirement Plan is a benefit plan reported by The Toro Company under EIN 41-0580470 and plan number 203. The latest loaded filing year is 2023. The filing reports 10,480 participants and $1,368,721,453 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1.4BPlan net assets, end of year$1,368,721,453
Participants10.5KCovered participants reported10,480
Assets / participant$130.6KComputed: assets ÷ participants$130,603 (computed)
Provider compensation$352.1K1 Schedule C provider row(s)$352,109
Plan sponsor
The Toro Company
EIN
41-0580470
Plan number
203
Plan type
2
Location
Minneapolis, MN
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    10,480 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$1.4B total assets
Net assets$1.4BLiabilities$0
Money in vs. money out
Total income / additions$189.2M
Total expenses$142.4M
Benefits paid / distributions$142M
Contributions
Employer$37.8M
Participant$46M
Full reported line items

Net assets

Total assets (EOY)
$1,368,721,453
Total liabilities (EOY)
$0
Net assets (EOY)
$1,368,721,453
Net assets (BOY)
$1,321,882,008

Income & contributions

Employer contributions
$37,839,463
Participant contributions
$45,977,334
Total contributions
$89,121,585
Total income / additions
$189,219,904

Expenses & distributions

Benefits paid
$142,012,163
Administrative expenses
$368,296
Total expenses
$142,380,459
Net increase / (decrease)
$46,839,445
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 45%Participant 55%
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income75%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    RECORDKEEPER · Direct $352.1K · Indirect $0

What to inspect next

Frequently asked questions

Who sponsors the The Toro Company Retirement Plan?
The Toro Company Retirement Plan is reported as sponsored by The Toro Company (EIN 41-0580470, plan number 203) in public Form 5500 filings.
What is the most recent Form 5500 filing year for The Toro Company Retirement Plan?
The latest Form 5500 filing year loaded for The Toro Company Retirement Plan is 2023.
How many participants does The Toro Company Retirement Plan report?
The Toro Company Retirement Plan reports 10,480 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for The Toro Company Retirement Plan?
The Toro Company Retirement Plan reports $1,368,721,453 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages