Defined Benefit (Pension) · DOL Form 5500 · 2022

Snap-on Incorporated Pension Plan

Data updated 2026-08-11

$927M
Total assets
3,665
Participants
99th
Percentile by assets
$252,920
Avg per participant
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Official DOL plan name: Snap-on Incorporated Retirement Plan · Sponsored by Snap-on Incorporated · Wisconsin · Manufacturing

$927M in assets, 3,665 participants

Snap-on Incorporated's Snap-on Incorporated Retirement Plan reported $927M in total assets and 3,665 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)
  • #20,166 in Manufacturing (20,602 peers)

Coverage in Wisconsin

Snap-on Incorporated Retirement Plan covers 3,665 participants in Wisconsin, 6.5x the typical Wisconsin plan (state average ~563 per filing). Assets: $927M.

$927M
total plan assets (2022 EOY)
3,665
covered participants
99th
percentile by assets (of 139,126 plans)
$252,920
avg assets per participant

The plan reported a net loss of $335M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Wisconsin filers

In Wisconsin, the average filing covers about 563 participants across 2,940 plans. Snap-on Incorporated Retirement Plan reports 3,665 participants - 6.5x that state average ($927M EOY assets).

Wisconsin filing particulars

Total Assets (Beginning of Year)$1.3B
Net Assets (End of Year)$926M
Net Income-$335M
Employer EIN390622040
Plan Effective Date1943-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Snap-on Incorporated)

$1.8B$1.9B$2B$2.1B$2.2B 202220232024 $1.84B $2.11B ▲ +14.7%
Total plan assets by year, all Snap-on Incorporated plans on file
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 vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants

Snap-on Incorporated Retirement Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. 020004000600080001000012000 0.511.522.533.5 Total assets ($B) Participants Snap-on Incorporated…The Northwestern Mut…Building Trades Unit…Rockwell Automation …The Northwestern Mut…Harley-Davidson Reti…
Snap-on Incorporated Retirement Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Snap-on Incorporated Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Snap-on Incorporated Retirement Plan assets move in 2022?
Snap-on Incorporated Retirement Plan declined sharply - down 26.5% during 2022, from $1.3B to $927M. Reported net income was -$335M.
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 rank by assets among Form 5500 filers?
Snap-on Incorporated Retirement 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 Defined Benefit (Pension) plans are similar in size to Snap-on Incorporated Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Vf Corporation Pension Plan in NC ($928M, 176 participants).

Next read for Snap-on Incorporated Retirement Plan

Filing takeaways

Ways to act on Snap-on Incorporated Retirement Plan's numbers.

  • By total assets, Snap-on Incorporated Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) 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