Defined Benefit (Pension) · DOL Form 5500 · 2024
Snap-on Incorporated Pension Plan
Data updated 2026-08-25
- $155M
- Total assets Near avg plan size
- 751
- Participants Near avg headcount
- 93rd
- Percentile by assets National rank
- $206,500
- 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
$155M in assets, 751 participants
Snap-on Incorporated's Snap-on Incorporated Retirement Plan for Hourly Employees reported $155M in total assets and 751 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.
- #15,935 in Manufacturing (17,777 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, $155M for 751 participants (~$206,500/participant), down 1.8% in 2024.
- #15,935
- in Manufacturing (17,777 peers)
- -1.8%
- assets change YoY
- 1.6×
- vs typical plan assets (national mean)
The plan reported a net loss of $3M 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 2024 · DOL Form 5500
$155,081,348 Top 7% higher than 93% of 123,620 filed plans
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 for Hourly Employees among mid-size filed plans by headcount
Plan-year 2024 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 (751 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Snap-on Incorporated Retirement Plan for Hourly Employees reported net income fell from $9M in the plan year 2023 filing to -$3M in the plan year 2024 filing.
- Snap-on Incorporated Retirement Plan for Hourly Employees reported participants fell from 776 in the plan year 2023 filing to 751 in the plan year 2024 filing.
- Snap-on Incorporated Retirement Plan for Hourly Employees end-of-year assets fell from $158M in the plan year 2023 filing to $155M in the plan year 2024 filing.
DOL schedule card
Filing strip 390622040 · Snap-on Incorporated PY 2024 · Defined Benefit (Pension)
Snap-on Incorporated Retirement Plan for Hourly Employees · $155M · 751 · 93rd
- RANK $155M
- RANK 751
- RANK 93rd
- RANK Defined Benefit (Pension)
- RANK near Mfa Employees Retirement Plan
- RANK ind #15935
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 (2024)
| Total Assets (Beginning of Year) | $158M |
|---|---|
| Net Assets (End of Year) | $155M |
| Net Income | -$3M |
| 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.
- Building Trades United Pension Trust Fund Milwaukee and Vicinity $3.5B · 10,236
- The Northwestern Mutual Employee Retirement Plan $3.3B · 8,254
- The Northwestern Mutual Life Insurance Company Agents Retirement Plan $2.1B · 7,653
- Harley-Davidson Retirement Plan $1.9B · 1,414
- North Central States Regional Council of Carpenters Pension Fund $1.8B · 5,105
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 Mfa Employees Retirement Plan in MO ($155M); by covered participants it is Construction & General Laborers' Local 190 Pension Fund in NY (751 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($155M here).
- Mfa Employees Retirement Plan (MO) $155M · 610
- Avantor Pension Plan (PA) $155M · 1,829
- Maimonides Medical Center Pension Plan (NY) $155M · 629
- The Bausch & Lomb Retirement Benefits Plan (NJ) $155M · 602
Similar participant headcount
Nearest other-state filings by covered participants (751 participants); asset peers above are excluded.
- Construction & General Laborers' Local 190 Pension Fund (NY) 751 · 0 off
- International Transmission Company Retirement Plan (MI) 750 · 1 off
- Twu-Westchester Private Bus Lines Pension Trust (NY) 750 · 1 off
- Division a Pension Fund (NY) 749 · 2 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.