401(k) · DOL Form 5500 · 2022

Snap-on Incorporated 401(k) Plan

Data updated 2026-08-25

$762M
Total assets Above avg plan size
6,216
Participants Above avg headcount
99th
Percentile by assets National rank
$122,545
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Snap-on Incorporated 401(k) Savings Plan · Sponsored by Snap-on Incorporated · Wisconsin · Manufacturing

$762M in assets, 6,216 participants

Snap-on Incorporated's Snap-on Incorporated 401(k) Savings Plan reported $762M in total assets and 6,216 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #20,081 in Manufacturing (20,602 peers)

Coverage in Wisconsin

Snap-on Incorporated 401(k) Savings Plan covers 6,216 participants in Wisconsin, 11x the typical Wisconsin plan (state average ~563 per filing). Assets: $762M.

#20,081
in Manufacturing (20,602 peers)
-17.0%
assets change YoY
7.6×
vs typical plan assets (national mean)

The plan reported a net loss of $156M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Snap-on Incorporated 401(k) Savings Plan's outsized position by total assets

Snap-on Incorporated 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$761,742,596 Top 1% higher than 99% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Snap-on Incorporated 401(k) Savings Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Snap-on Incorporated 401(k) Savings Plan lands in the large band (6,216 participants).

Published 5500 schedule card

Filing strip 390622040 · Snap-on Incorporated PY 2022 · 401(k)

Snap-on Incorporated 401(k) Savings Plan · $762M · 6,216 · 99th

  • BOOK $762M
  • VS-ST 6,216
  • BOY 99th
  • SCH 401(k)
  • EBSA near Ahold USA, Inc. 401(k) Savings Plan for Union Associates
  • PART ind #20081

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Wisconsin →

Snap-on Incorporated 401(k) Savings Plan in the asset neighbourhood

First National of Nebraska, Inc. First Savings PlanFirst National of Nebraska, …$764MChange Healthcare 401(k) Savings PlanChange Healthcare 401(k) Sav…$763MSnap-on Incorporated 401(k) Savings PlanSnap-on Incorporated 401(k) …$762MAhold USA, Inc. 401(k) Savings Plan for Union AssociatesAhold USA, Inc. 401(k) Savin…$761MRetirement Plan for Michigan Credit Union Employees 401(k) Savings PlanRetirement Plan for Michigan…$760M
End-of-year total assets ($M) among Snap-on Incorporated 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Wisconsin filing particulars

Total Assets (Beginning of Year)$918M
Net Assets (End of Year)$762M
Net Income-$156M
Employer EIN390622040
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Snap-on Incorporated)

Sponsor-wide plan assets over time

All Snap-on Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$2.1B 14.809291584248562% vs 2022
2024 filing year
$1.8B$1.9B$2B$2.1B$2.2B 202220232024 $1.84B $2.11B ▲ +14.7%
Year Plans Participants Total Assets
2022 3 10,640 $1.8B
2023 3 10,994 $2.0B
2024 3 11,373 $2.1B

Nearby 401(k) Plans in Wisconsin

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Snap-on Incorporated 401(k) Savings Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. 50001000015000200002500030000 0246 Total assets ($B) Participants Snap-on Incorporated 401(k) Savings Plan, Total assets ($B): 0.761742596 · Participants: 6216Snap-on Incorporated 401(k) Savings PlanJohnson Controls Retirement Savings and Investment Plan, Total assets ($B): 5.548820507 · Participants: 28701Johnson Controls Retirement Savings and Investment PlanFiserv 401(k) Savings Plan, Total assets ($B): 4.339639169 · Participants: 26610Fiserv 401(k) Savings PlanKimberly-Clark Corporation 401(k) & Profit Sharing Plan, Total assets ($B): 3.978902 · Participants: 11034Kimberly-Clark Corporation 401(k) & Profit Sharing PlanRockwell Automation Retirement Savings Plan, Total assets ($B): 3.151693798 · Participants: 8032Rockwell Automation Retirement Savings PlanNm Employee Savings Plan, Total assets ($B): 2.385991887 · Participants: 7423Nm Employee Savings Plan
Snap-on Incorporated 401(k) Savings Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants

Scale composition for Snap-on Incorporated 401(k) Savings Plan

Snap-on Incorporated 401(k) Savings Plan reports $762M in end-of-year assets across 6,216 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $122,545 per participant (89% of the national average assets-per-participant) . Net income for plan year 2022 was -$156M.

This plan identity (EIN 390622040, plan #005) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $762M to $983M (+29.1%) while covered participants moved from 6,216 to 6,759 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,216 $762M This page
2023 6,457 $894M Open filing
2024 · index core 6,759 $983M Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Snap-on Incorporated 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Wisconsin, the nearest 401(k) by assets is Ahold USA, Inc. 401(k) Savings Plan for Union Associates in MA ($761M); by covered participants it is Koch Meat Co. , Inc. 401(k) Plan in IL (6,216 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (6,216 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Snap-on Incorporated 401(k) Savings Plan assets move in 2022? ▼
Snap-on Incorporated 401(k) Savings Plan declined sharply - down 17.0% during 2022, from $918M to $762M. Reported net income was -$156M.
How have Snap-on Incorporated plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Snap-on Incorporated's sponsor-wide assets grew 14.8%, from $1.8B to $2.1B.
Where does Snap-on Incorporated 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Snap-on Incorporated 401(k) Savings Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Snap-on Incorporated 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ahold USA, Inc. 401(k) Savings Plan for Union Associates in MA ($761M, 54,086 participants).
Which 401(k) plans cover a similar participant headcount to Snap-on Incorporated 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Koch Meat Co. , Inc. 401(k) Plan in IL (6,216 participants, $67M in assets).