401(k) · DOL Form 5500 · 2022
Snap-on Incorporated 401(k) Plan
Data updated 2026-08-11
- $762M
- Total assets
- 6,216
- Participants
- 99th
- Percentile by assets
- $122,545
- Avg per participant
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.
- 99th percentile by assets (of 139,126 plans)
- #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.
- $762M
- total plan assets (2022 EOY)
- 6,216
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $122,545
- avg assets per participant
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.
Participants vs Wisconsin filers
In Wisconsin, the average filing covers about 563 participants across 2,940 plans. Snap-on Incorporated 401(k) Savings Plan reports 6,216 participants - 11x that state average ($762M EOY assets).
Wisconsin filing particulars
| Total Assets (Beginning of Year) | $918M |
|---|---|
| Net Assets (End of Year) | $762M |
| Net Income | -$156M |
| Employer EIN | 390622040 |
| Plan Effective Date | 1992-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Snap-on Incorporated)
| 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
- Johnson Controls Retirement Savings and Investment Plan $5.5B · 28,701
- Fiserv 401(k) Savings Plan $4.3B · 26,610
- Kimberly-Clark Corporation 401(k) & Profit Sharing Plan $4.0B · 11,034
- Rockwell Automation Retirement Savings Plan $3.2B · 8,032
- Nm Employee Savings Plan $2.4B · 7,423
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 (401(k), $983M, 6,759 participants)
- Snap-on Incorporated Retirement Plan (Defined Benefit (Pension), $972M, 3,863 participants)
- Snap-on Incorporated Retirement Plan for Hourly Employees (Defined Benefit (Pension), $155M, 751 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Snap-on Incorporated 401(k) Savings Plan by total assets, not by location.
- Ahold USA, Inc. 401(k) Savings Plan for Union Associates (MA) $761M · 54,086
- Change Healthcare 401(k) Savings Plan (MN) $763M · 11,372
- Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan (MI) $760M · 8,928
- First National of Nebraska, Inc. First Savings Plan (NE) $764M · 4,605
Frequently Asked Questions
How did Snap-on Incorporated 401(k) Savings Plan assets move in 2022? ▼
How have Snap-on Incorporated plan assets changed over time? ▼
Where does Snap-on Incorporated 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Snap-on Incorporated 401(k) Savings Plan? ▼
Next read for Snap-on Incorporated 401(k) Savings Plan
Filing takeaways
Ways to act on Snap-on Incorporated 401(k) Savings Plan's numbers.
- By total assets, Snap-on Incorporated 401(k) Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Wisconsin. Compare plans
- Snap-on Incorporated's sponsor-wide assets have grown 14.8% since 2022 across 3 plan years on file. More Manufacturing plans