# Snap-On Incorporated DB Plan
Source: https://planprovider.pro/companies/snap-on-incorporated-plan-002

> Snap-On Incorporated&#39;s DB plan: 682 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/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|

## Similar Plans

- [Fiskars Brands, INC.](https://planprovider.pro/companies/fiskars-brands-inc-401k-plan-003) — 441 participants

- [Snap-On Incorporated](https://planprovider.pro/companies/snap-on-incorporated-plan-001) — 3,905 participants

- [Snap-On Incorporated](https://planprovider.pro/companies/snap-on-incorporated-401k-plan) — 6,599 participants

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