Defined Benefit (Pension) · DOL Form 5500 · 2022

Snap-on Incorporated Pension Plan

Data updated 2026-08-25

$149M
Total assets Near avg plan size
759
Participants Near avg headcount
95th
Percentile by assets National rank
$196,699
Avg per participant Above avg balance/head
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Official DOL plan name: Snap-on Incorporated Retirement Plan for Hourly Employees · Sponsored by Snap-on Incorporated · Wisconsin · Manufacturing

$149M in assets, 759 participants

Snap-on Incorporated's Snap-on Incorporated Retirement Plan for Hourly Employees reported $149M in total assets and 759 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • #18,866 in Manufacturing (20,602 peers)

Where Snap-on Incorporated Retirement Plan for Hourly Employees sits by assets

Snap-on Incorporated Retirement Plan for Hourly Employees sits in the top 5% of all filed plans by assets, $149M for 759 participants (~$196,699/participant), down 27.0% in 2022.

#18,866
in Manufacturing (20,602 peers)
-27.0%
assets change YoY
1.5×
vs typical plan assets (national mean)

The plan reported a net loss of $55M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Snap-on Incorporated Retirement Plan for Hourly Employees's outsized position by total assets

Snap-on Incorporated Retirement Plan for Hourly Employees vs every filed plan by assets

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

$149,294,534 Top 5% higher than 95% 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 Retirement Plan for Hourly Employees among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Snap-on Incorporated Retirement Plan for Hourly Employees sits mid-pack in the medium band (759 participants).

Published 5500 schedule card

Filing strip 390622040 · Snap-on Incorporated PY 2022 · Defined Benefit (Pension)

Snap-on Incorporated Retirement Plan for Hourly Employees · $149M · 759 · 95th

  • PHOTO $149M
  • PHOTO 759
  • PHOTO 95th
  • PHOTO Defined Benefit (Pension)
  • PHOTO near The Esab Group, Inc. Consolidated Retirement Plan
  • PHOTO ind #18866

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 Retirement Plan for Hourly Employees in the asset neighbourhood

Pension Plan for Employees of Central Service AssociationPension Plan for Employees o…$150MAppalachian Regional Healthcare, Inc. Pension PlanAppalachian Regional Healthc…$149MThe Esab Group, Inc. Consolidated Retirement PlanThe Esab Group, Inc. Consoli…$149MSnap-on Incorporated Retirement Plan for Hourly EmployeesSnap-on Incorporated Retirem…$149MMinerals Technologies Inc. Retirement PlanMinerals Technologies Inc. R…$149M
End-of-year total assets ($M) among Snap-on Incorporated Retirement Plan for Hourly Employees and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$205M
Net Assets (End of Year)$149M
Net Income-$55M
Employer EIN390622040
Plan Effective Date1969-01-01
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 Defined Benefit (Pension) Plans in Wisconsin

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Snap-on Incorporated Retirement Plan for Hourly Employees vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. 020004000600080001000012000 01234 Total assets ($B) Participants Snap-on Incorporated Retirement Plan for Hourly Employees, Total assets ($B): 0.149294534 · Participants: 759Snap-on Incorporated Retirement Plan for Hourly EmployeesThe Northwestern Mutual Employee Retirement Plan, Total assets ($B): 3.074208374 · Participants: 7377The Northwestern Mutual Employee Retirement PlanBuilding Trades United Pension Trust Fund Milwaukee and Vicinity, Total assets ($B): 2.951985172 · Participants: 9724Building Trades United Pension Trust Fund Milwaukee and VicinityRockwell Automation Pension Plan, Total assets ($B): 2.144532065 · Participants: 3077Rockwell Automation Pension PlanThe Northwestern Mutual Life Insurance Company Agents Retirement Plan, Total assets ($B): 1.927367772 · Participants: 7278The Northwestern Mutual Life Insurance Company Agents Retirement PlanHarley-Davidson Retirement Plan, Total assets ($B): 1.826706645 · Participants: 1744Harley-Davidson Retirement Plan
Snap-on Incorporated Retirement Plan for Hourly Employees vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants

Snap-on Incorporated Retirement Plan for Hourly Employees's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Wisconsin, the nearest Defined Benefit (Pension) by assets is The Esab Group, Inc. Consolidated Retirement Plan in MD ($149M); by covered participants it is Retirement Plan for the Bottling Employees of Swire Pacific Holdings Inc and Its Affiliates in UT (759 participants). Same-state nearby plans are listed separately above.

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 Retirement Plan for Hourly Employees assets move in 2022?
Snap-on Incorporated Retirement Plan for Hourly Employees declined sharply - down 27.0% during 2022, from $205M to $149M. Reported net income was -$55M.
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 Retirement Plan for Hourly Employees rank by assets among Form 5500 filers?
Snap-on Incorporated Retirement Plan for Hourly Employees ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Snap-on Incorporated Retirement Plan for Hourly Employees?
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Esab Group, Inc. Consolidated Retirement Plan in MD ($149M, 187 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Snap-on Incorporated Retirement Plan for Hourly Employees?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Plan for the Bottling Employees of Swire Pacific Holdings Inc and Its Affiliates in UT (759 participants, $192M in assets).