401(k) · DOL Form 5500 · 2023

Fortive Corporation 401(k) Plan

Data updated 2026-08-11

$1.9B
Total assets
10,313
Participants
99th
Percentile by assets
$185,809
Avg per participant
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Official DOL plan name: Fortive Retirement Savings Plan · Sponsored by Fortive Corporation · Washington · Manufacturing

$1.9B in assets, 10,313 participants

Fortive Corporation's Fortive Retirement Savings Plan reported $1.9B in total assets and 10,313 participants in its 2023 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 127,072 plans)
  • #18,464 in Manufacturing (18,722 peers)

Coverage in Washington

Fortive Retirement Savings Plan covers 10,313 participants in Washington, 7.0x the typical Washington plan (state average ~1,476 per filing). Assets: $1.9B.

$1.9B
total plan assets (2023 EOY)
10,313
covered participants
99th
percentile by assets (of 127,072 plans)
$185,809
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Fortive Retirement Savings Plan reported net income rose from -$368M in the plan year 2022 filing to $295M in the plan year 2023 filing.
  • Fortive Retirement Savings Plan end-of-year assets rose from $1.6B in the plan year 2022 filing to $1.9B in the plan year 2023 filing.
  • Fortive Retirement Savings Plan reported participants rose from 10,106 in the plan year 2022 filing to 10,313 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Washington filers

In Washington, the average filing covers about 1,476 participants across 2,612 plans. Fortive Retirement Savings Plan reports 10,313 participants - 7.0x that state average ($1.9B EOY assets).

Washington filing particulars

Total Assets (Beginning of Year)$1.6B
Net Assets (End of Year)$1.9B
Net Income$295M
Employer EIN475654583
Plan Effective Date2016-05-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Fortive Corporation)

$1.4B$1.6B$1.8B$2B$2.2B 202220232024 $1.63B $2.14B ▲ +31.3%
Total plan assets by year, all Fortive Corporation plans on file
Year Plans Participants Total Assets
2022 1 10,106 $1.6B
2023 1 10,313 $1.9B
2024 1 9,742 $2.1B

Nearby 401(k) Plans in Washington

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

Fortive Retirement Savings Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Fortive Retirement Savings Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000250000 -20020406080 Total assets ($B) Participants Fortive Retirement S…The Boeing Company 4…Microsoft Corporatio…Costco 401(k) Retire…T-Mobile USA, Inc. 4…401(k) Savings Plan
Fortive Retirement Savings Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Scale composition for Fortive Retirement Savings Plan

Fortive Retirement Savings Plan reports $1.9B in end-of-year assets across 10,313 participants (0.016% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.011% of 93,925,755 covered participants) - about $185,809 per participant (1.3x the national average assets-per-participant) . Net income for plan year 2023 was $295M.

This plan identity (EIN 475654583, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.6B to $2.1B (+31.6%) while covered participants moved from 10,106 to 9,742 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 10,106 $1.6B Open filing
2023 10,313 $1.9B This page
2024 · index core 9,742 $2.1B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Fortive Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Fortive Retirement Savings Plan assets move in 2023?
Fortive Retirement Savings Plan grew sharply - up 17.9% during 2023, from $1.6B to $1.9B. Reported net income was $295M.
How have Fortive Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Fortive Corporation's sponsor-wide assets grew 31.6%, from $1.6B to $2.1B.
Where does Fortive Retirement Savings Plan rank by assets among Form 5500 filers?
Fortive Retirement Savings Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Fortive Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Juniper Networks, Inc. 401(k) Plan in CA ($1.9B, 4,323 participants).

Next read for Fortive Retirement Savings Plan

Filing takeaways

Ways to act on Fortive Retirement Savings Plan's numbers.