Defined Benefit (Pension) · DOL Form 5500 · 2023
Snap-on Incorporated Pension Plan
Data updated 2026-08-25
- $158M
- Total assets Near avg plan size
- 776
- Participants Near avg headcount
- 94th
- Percentile by assets National rank
- $203,436
- Avg per participant Above avg balance/head
Official DOL plan name: Snap-on Incorporated Retirement Plan for Hourly Employees · Sponsored by Snap-on Incorporated · Wisconsin · Manufacturing
$158M in assets, 776 participants
Snap-on Incorporated's Snap-on Incorporated Retirement Plan for Hourly Employees reported $158M in total assets and 776 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.
- #16,937 in Manufacturing (18,722 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 10% of all filed plans by assets, $158M for 776 participants (~$203,436/participant), up 5.7% in 2023.
- #16,937
- in Manufacturing (18,722 peers)
- +5.7%
- assets growth YoY
- 1.6×
- vs typical plan assets (national mean)
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 2023 · DOL Form 5500
$157,866,680 Top 6% higher than 94% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Snap-on Incorporated Retirement Plan for Hourly Employees among mid-size filed plans by headcount
Plan-year 2023 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 (776 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Snap-on Incorporated Retirement Plan for Hourly Employees reported net income rose from -$55M in the plan year 2022 filing to $9M in the plan year 2023 filing.
- Snap-on Incorporated Retirement Plan for Hourly Employees end-of-year assets rose from $149M in the plan year 2022 filing to $158M in the plan year 2023 filing.
- Snap-on Incorporated Retirement Plan for Hourly Employees reported participants rose from 759 in the plan year 2022 filing to 776 in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 390622040 · Snap-on Incorporated PY 2023 · Defined Benefit (Pension)
Snap-on Incorporated Retirement Plan for Hourly Employees · $158M · 776 · 94th
- NET $158M
- BOOK 776
- VS-ST 94th
- BOY Defined Benefit (Pension)
- SCH near Iron Workers Local 17 Pension Fund
- EBSA ind #16937
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
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $149M |
|---|---|
| Net Assets (End of Year) | $158M |
| Net Income | $9M |
| Employer EIN | 390622040 |
| Plan Effective Date | 1969-01-01 |
| Filing Status | FILING 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
| 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.
- The Northwestern Mutual Employee Retirement Plan $3.3B · 8,348
- Building Trades United Pension Trust Fund Milwaukee and Vicinity $3.3B · 9,960
- The Northwestern Mutual Life Insurance Company Agents Retirement Plan $2.1B · 7,368
- Harley-Davidson Retirement Plan $1.9B · 1,560
- Rockwell Automation Pension Plan $1.8B · 2,136
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 Iron Workers Local 17 Pension Fund in MI ($158M); by covered participants it is Black Hills Retirement Plan in SD (776 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($158M here).
- Iron Workers Local 17 Pension Fund (MI) $158M · 700
- Loyola University Employees' Retirement Plan (IL) $158M · 989
- Intermountain Ironworkers Pension Trust (UT) $158M · 655
- Ball Corporation Consolidated Hourly Pension Plan (CO) $158M · 3,327
Similar participant headcount
Nearest other-state filings by covered participants (776 participants); asset peers above are excluded.
- Black Hills Retirement Plan (SD) 776 · 0 off
- Vulcan Materials Company Pension Plan (AL) 776 · 0 off
- Cemex, Inc. Pension Plan (TX) 776 · 0 off
- Iron Workers Mid-South Pension Fund (TX) 776 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.