Plan Snapshot
- Plan Sponsor: Eaton Corporation
- Sponsor EIN: 476268243
- Sponsor Address: 1000 EATON BOULEVARD, CLEVELAND, OH, 44122
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $2.6B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $2.6B | $0 | $0 |
| 2023 | 0 | $2.7B | $0 | $0 |
| 2022 | 0 | $2.7B | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PACIFIC INVESTMENT MANAGEMENT | Other Service Provider | $667,334 | — | $667,334 |
| STANDISH MELLON ASSET | Other Service Provider | $511,743 | — | $511,743 |
| BANK OF NEW YORK MELLON | Other Service Provider | $463,310 | — | $463,310 |
| LOOMIS SAYLES & COMPANY LP | Other Service Provider | $427,756 | — | $427,756 |
| IR+M COLLECTIVE INVESTMENT | Other Service Provider | $422,261 | — | $422,261 |
| ALBOURNE CONSULTING | Other Service Provider | $409,600 | — | $409,600 |
| CENTERSQUARE INVESTMENT | Other Service Provider | $404,487 | — | $404,487 |
| UBS GLOBAL ASSET MANAGEMENT | Investment Advisor | $376,760 | — | $376,760 |
| NISA INVESTMENT ADVISORS | Other Service Provider | $317,799 | — | $317,799 |
| WELLINGTON TRUST COMPANY | Other Service Provider | $227,354 | — | $227,354 |
| NEPC, LLC | Recordkeeper | $200,000 | — | $200,000 |
| MELLON CAPITAL MANAGEMENT CORP | Other Service Provider | $57,493 | — | $57,493 |
| BLACKROCK INST TRUST COMPANY | Other Service Provider | $43,075 | — | $43,075 |
| STATE STREET BANK AND TRUST CO | Investment Advisor | $39,743 | — | $39,743 |
| KATTEN MUCHIN ROSENMAN LLP | Other Service Provider | $9,063 | — | $9,063 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS GLOBAL ASSET MANAGEMENT — Investment Advisor
- NEPC, LLC — Recordkeeper
- STATE STREET BANK AND TRUST CO — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,577,778
- Estimated Expense Ratio: 0.178% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $6,028,247 | $5,427,460 | — | — | — |
| 2023 | $8,209,833 | $6,323,516 | — | — | — |
| 2022 | $8,155,670 | $8,155,670 | — | — | — |