Defined Benefit (Pension) · DOL Form 5500 · 2024

Snap-on Incorporated Pension Plan

Data updated 2026-08-25

$972M
Total assets Above avg plan size
3,863
Participants Above avg headcount
98th
Percentile by assets National rank
$251,557
Avg per participant Above avg balance/head
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Official DOL plan name: Snap-on Incorporated Retirement Plan · Sponsored by Snap-on Incorporated · Wisconsin · Manufacturing

$972M in assets, 3,863 participants

Snap-on Incorporated's Snap-on Incorporated Retirement Plan reported $972M in total assets and 3,863 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • #17,298 in Manufacturing (17,777 peers)

Coverage in Wisconsin

Snap-on Incorporated Retirement Plan covers 3,863 participants in Wisconsin, 6.9x the typical Wisconsin plan (state average ~563 per filing). Assets: $972M.

#17,298
in Manufacturing (17,777 peers)
-1.4%
assets change YoY
9.8×
vs typical plan assets (national mean)

The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

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

End-of-year total assets · plan year 2024 · DOL Form 5500

$971,764,726 Top 2% higher than 98% of 123,620 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 2024

Snap-on Incorporated Retirement Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Snap-on Incorporated Retirement Plan lands in the large band (3,863 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Snap-on Incorporated Retirement Plan reported net income fell from $59M in the plan year 2023 filing to -$14M in the plan year 2024 filing.
  • Snap-on Incorporated Retirement Plan reported participants rose from 3,761 in the plan year 2023 filing to 3,863 in the plan year 2024 filing.
  • Snap-on Incorporated Retirement Plan end-of-year assets fell from $986M in the plan year 2023 filing to $972M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 390622040 · Snap-on Incorporated PY 2024 · Defined Benefit (Pension)

Snap-on Incorporated Retirement Plan · $972M · 3,863 · 98th

  • SCH $972M
  • EBSA 3,863
  • PART 98th
  • TYPE Defined Benefit (Pension)
  • NET near Retirement Plan of Idaho Power Company
  • BOOK ind #17298

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 in the asset neighbourhood

Soft Drink and Brewery Workers Union Local 812 Retirement FundSoft Drink and Brewery Worke…$974MSnap-on Incorporated Retirement PlanSnap-on Incorporated Retirem…$972MRetirement Plan of Idaho Power CompanyRetirement Plan of Idaho Pow…$971MUfcw Local One Pension Fund$968MExelon Pension Plan$967M
End-of-year total assets ($M) among Snap-on Incorporated Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Wisconsin filing particulars

Total Assets (Beginning of Year)$986M
Net Assets (End of Year)$971M
Net Income-$14M
Employer EIN390622040
Plan Effective Date1943-05-01
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 vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. 020004000600080001000012000 01234 Total assets ($B) Participants Snap-on Incorporated Retirement Plan, Total assets ($B): 0.971764726 · Participants: 3863Snap-on Incorporated Retirement PlanBuilding Trades United Pension Trust Fund Milwaukee and Vicinity, Total assets ($B): 3.531588718 · Participants: 10236Building Trades United Pension Trust Fund Milwaukee and VicinityThe Northwestern Mutual Employee Retirement Plan, Total assets ($B): 3.254287792 · Participants: 8254The Northwestern Mutual Employee Retirement PlanThe Northwestern Mutual Life Insurance Company Agents Retirement Plan, Total assets ($B): 2.075823689 · Participants: 7653The Northwestern Mutual Life Insurance Company Agents Retirement PlanHarley-Davidson Retirement Plan, Total assets ($B): 1.851962731 · Participants: 1414Harley-Davidson Retirement PlanNorth Central States Regional Council of Carpenters Pension Fund, Total assets ($B): 1.83166949 · Participants: 5105North Central States Regional Council of Carpenters Pension Fund
Snap-on Incorporated Retirement Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants
Compare Snap-on Incorporated Retirement Plan side-by-side with 3 peers →

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

Outside Wisconsin, the nearest Defined Benefit (Pension) by assets is Retirement Plan of Idaho Power Company in ID ($971M); by covered participants it is Pension Plan for Pactiv Evergreen in IL (3,875 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($972M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,863 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 assets move in 2024? ▼
Snap-on Incorporated Retirement Plan edged down modestly - down 1.4% during 2024, from $986M to $972M. Reported net income was -$14M.
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 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan of Idaho Power Company in ID ($971M, 2,113 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Snap-on Incorporated Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pension Plan for Pactiv Evergreen in IL (3,875 participants, $866M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 390622040.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.