Plan Snapshot
- Plan Sponsor: Fortive Corporation
- Sponsor EIN: 475654583
- Sponsor Address: 6920 SEAWAY BLVD, EVERETT, WA, 982035829
- Plan Type: DC
- Total Participants: 9,525
- Total Assets: $2.1B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 9,525 | $2.1B | $62.9M | $96.5M |
| 2023 | 9,399 | $1.9B | $61.0M | $94.3M |
| 2022 | 11,898 | $1.6B | $57.5M | $90.3M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $510,889 | — | $510,889 |
| FIDELITY INV'S INST'L OP'S CO, LLC | RECORDKEEPER | $380,004 | — | $380,004 |
| R.V. KUHNS & ASSOCIATES INC | CONSULTANT | $114,160 | — | $114,160 |
| SEYFARTH SHAW | ATTORNEY / LEGAL | $75,469 | — | $75,469 |
| ERNST & YOUNG LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INV'S INST'L OP'S CO, LLC — RECORDKEEPER
- SEYFARTH SHAW — ATTORNEY / LEGAL
- ERNST & YOUNG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,080,522
- Estimated Expense Ratio: 0.051% 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 | $1,295,873 | $420,725 | $2,400 | — | — |
| 2023 | $1,036,936 | $459,858 | — | — | — |
| 2022 | $1,232,198 | — | — | — | $1,232,198 |