Plan Snapshot
- Plan Sponsor: Snap-On Incorporated
- Sponsor EIN: 390622040
- Sponsor Address: 2801 80TH STREET, KENOSHA, WI, 53143
- Plan Type: 401(k)
- Plan Number: 600
- Total Participants: 0
- Total Assets: $11.7M
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 | $11.7M | $35,167 | $267,875 |
| 2023 | 0 | $11.5M | $15,174 | $317,647 |
| 2022 | 0 | $11.3M | $19,049 | $327,466 |
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 |
|---|---|---|---|---|
| WIPFLI LLP | Auditor | $16,500 | — | $16,500 |
| U.S. BANK NATIONAL ASSOCIATION | Recordkeeper | $13,136 | — | $13,136 |
| BSWIFT | Other Service Provider | $10,727 | — | $10,727 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WIPFLI LLP — Auditor
- U.S. BANK NATIONAL ASSOCIATION — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,363
- Estimated Expense Ratio: 0.345% 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 | $44,918 | — | $15,196 | $16,500 | — |
| 2023 | $44,866 | — | $16,052 | $16,000 | — |
| 2022 | $30,681 | — | $5,090 | — | $25,591 |