Employers › Fortive
Recordkeeping fees per participant · Fortive Retirement Savings Plan · plan year 2024
$28.81
Higher than 39% of the 790 plans over $1B that report it.
= $380,004 / 13,189
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250731011244NAL0011868738001, received 2025-07-31
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250731011244NAL0011868738001, received 2025-07-31
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-07-31.
Administrative expenses excluding investment management, per participant
$66.35
Higher than 77% of the 1,045 plans over $1B that report it.
= $875,148 / 13,189
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250731011244NAL0011868738001, received 2025-07-31
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250731011244NAL0011868738001, received 2025-07-31
Administrative expenses per participant
$98.25
Higher than 70% of the 1,076 plans over $1B that report it.
= $1,295,873 / 13,189
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250731011244NAL0011868738001, received 2025-07-31
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250731011244NAL0011868738001, received 2025-07-31
Administrative expenses as a share of assets
0.061%
Higher than 65% of the 1,076 plans over $1B that report it.
= $1,295,873 / $2,138,945,705
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250731011244NAL0011868738001, received 2025-07-31
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250731011244NAL0011868738001, received 2025-07-31
Employer contributions per participant
$4,766
Higher than 65% of the 1,135 plans over $1B that report it.
= $62,856,832 / 13,189
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250731011244NAL0011868738001, received 2025-07-31
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250731011244NAL0011868738001, received 2025-07-31
Employer share of total contributions
36.1%
Higher than 61% of the 1,135 plans over $1B that report it.
= $62,856,832 / $173,995,050
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250731011244NAL0011868738001, received 2025-07-31
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250731011244NAL0011868738001, received 2025-07-31
Employer match
“The Company matching contribution is 100% of the first 3% of eligible compensation contributed by the participant plus 50% of the next 2% of eligible compensation contributed.”
Form 11-K filed 2026-06-24, for the year ended 2025-12-31 · plan description note, contributions · source document
Automatic enrollment
“At the time of eligibility, the Company automatically enrolls eligible employees at a contribution rate of 5% of pre-tax eligible earnings if the participant does not otherwise make an affirmative election to contribute or opt-out of pre-tax contributions.”
Form 11-K filed 2026-06-24, for the year ended 2025-12-31 · plan description note, contributions · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2G fully participant-directed · 2J 401(k) feature · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · 3J · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250731011244NAL0011868738001, received 2025-07-31
| Field | Value | Source |
|---|---|---|
| Plan sponsor | FORTIVE CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Plan name | FORTIVE RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Sponsor EIN / plan number | 47-5654583 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Sponsor location | EVERETT, WA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Industry (business code) | 335900, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Filing received | 2025-07-31 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Participants, beginning of year | 14,013 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Active participants | 9,525 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Participants, end of year | 13,591 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Participants with an account balance | 13,189 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Total assets, beginning of year | $1,916,252,438 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Total assets, end of year | $2,138,945,705 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Net assets, end of year | $2,138,117,923 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Total income | $471,583,094 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Net income | $222,598,099 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Employer contributions | $62,856,832 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Participant contributions | $96,533,409 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Other contributions (incl. rollovers) | $14,604,809 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Total contributions | $173,995,050 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Benefit payments | $247,689,122 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Total expenses (incl. benefit payments) | $248,984,995 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Total administrative expenses | $1,295,873 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Contract administrator fees | $2,400 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Recordkeeping fees | $380,004 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Investment advisory and management fees | $420,725 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Administrative expenses excluding investment management | $875,148 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Held in common/collective trusts | $984,724,868 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Held in mutual funds | $647,341,598 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250731011244NAL0011868738001, received 2025-07-31 |
| Independent auditor | ERNST & YOUNG LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250731011244NAL0011868738001, received 2025-07-31 |
Position = column in the DOL layout for form year 2024. Filing 20250731011244NAL0011868738001, received 2025-07-31.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $510,889 | no |
| FIDELITY INV'S INST'L OP'S CO, LLCrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $380,004 | yes |
| R.V. KUHNS & ASSOCIATES INC | CONSULTANT | 16 Consulting (general); 27 Investment advisory (plan) | $114,160 | no |
| SEYFARTH SHAW | ATTORNEY / LEGAL | 29 Legal | $75,469 | no |
| FIDELITY INVESTMENTS TAX-EXEMPT SERrecordkeeper | RECORDKEEPER'S AFFILIATE | 64 Recordkeeping fees; 65 Account maintenance fees | $0 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250731011244NAL0011868738001, received 2025-07-31.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $1,916,252,438 | $2,138,945,705 | 11.6% |
| Participants with a balance | 13,503 | 13,189 | -2.3% |
| Administrative expenses | $1,036,936 | $1,295,873 | 25.0% |
| Recordkeeping fees per participant | $26.48 | $28.81 | 8.8% |
| Employer contributions | $61,008,519 | $62,856,832 | 3.0% |
Prior filing 20240702140520NAL0003601043001, received 2024-07-02; the plan years are contiguous.
Sponsor name as filed: FORTIVE CORPORATION; SEC registrant: Fortive Corp (CIK 1659166, matched by 11-K plan title; display name from the Form 11-K cover).