Plan Snapshot
- Plan Sponsor: Snap-On Incorporated
- Sponsor EIN: 390622040
- Sponsor Address: 2801 80TH STREET, KENOSHA, WI, 53143
- Plan Type: DB
- Total Participants: 3,905
- Total Assets: $971.8M
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 | 3,905 | $971.8M | $0 | $0 |
| 2023 | 3,863 | $986.1M | $0 | $0 |
| 2022 | 3,761 | $927.0M | $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 |
|---|---|---|---|---|
| NISA INVESTMENT ADVISORS LLC | NONE | $678,506 | — | $678,506 |
| MERCER | NONE | $396,525 | — | $396,525 |
| WILLIAM BLAIR FUNDS | NONE | $342,491 | — | $342,491 |
| NORTHERN TRUST | TRUSTEE | $302,239 | — | $302,239 |
| MERCER INVESTMENT CONSULTING | NONE | $290,250 | — | $290,250 |
| BOSTON TRUST | NONE | $245,394 | — | $245,394 |
| KAYNE ANDERSON | NONE | $195,347 | — | $195,347 |
| BLACKROCK | NONE | $69,942 | — | $69,942 |
| WIPFLI LLP | NONE | $14,900 | — | $14,900 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WIPFLI LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,535,594
- Estimated Expense Ratio: 0.261% 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 | $3,521,290 | $1,821,930 | — | $14,900 | — |
| 2023 | $3,864,319 | $2,240,313 | — | $14,500 | — |
| 2022 | $3,825,172 | $2,305,541 | — | — | $702,793 |