Plan Snapshot
- Plan Sponsor: Snap-On Incorporated
- Sponsor EIN: 390622040
- Sponsor Address: 2801 80TH STREET, KENOSHA, WI, 53143
- Plan Type: DB
- Total Participants: 682
- Total Assets: $155.1M
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 | 682 | $155.1M | $0 | $0 |
| 2023 | 751 | $157.9M | $0 | $0 |
| 2022 | 776 | $149.3M | $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 |
|---|---|---|---|---|
| MERCER | NONE | $364,715 | — | $364,715 |
| NISA INVESTMENT ADVISORS LLC | NONE | $108,281 | — | $108,281 |
| WILLIAM BLAIR FUNDS | NONE | $54,657 | — | $54,657 |
| NORTHERN TRUST | TRUSTEE | $49,145 | — | $49,145 |
| MERCER INVESTMENT MANAGMENT | NONE | $47,250 | — | $47,250 |
| BOSTON TRUST | NONE | $39,162 | — | $39,162 |
| KAYNE ANDERSON | NONE | $31,175 | — | $31,175 |
| WIPFLI,LLP | NONE | $14,400 | — | $14,400 |
| BLACKROCK | NONE | $11,162 | — | $11,162 |
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: $719,947
- Estimated Expense Ratio: 0.464% 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 | $1,050,984 | $291,686 | — | $14,400 | — |
| 2023 | $1,088,327 | $413,028 | — | $14,000 | — |
| 2022 | $1,092,598 | $393,258 | — | — | $431,714 |