Employers › Eaton › plan 162
Recordkeeping fees per participant · Eaton Personal Investment Plan · plan year 2024
$25.05
Higher than 21% of the 5,847 plans $50 to 250M that report it.
= $91,221 / 3,641
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014081726NAL0003409184003, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014081726NAL0003409184003, received 2025-10-14
Percentiles compare this plan with the Schedule H plans $50 to 250M 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 2025-10-14.
Administrative expenses excluding investment management, per participant
$25.05
Higher than 14% of the 8,758 plans $50 to 250M that report it.
= $91,221 / 3,641
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014081726NAL0003409184003, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014081726NAL0003409184003, received 2025-10-14
Administrative expenses per participant
$26.14
Higher than 9% of the 9,042 plans $50 to 250M that report it.
= $95,190 / 3,641
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014081726NAL0003409184003, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014081726NAL0003409184003, received 2025-10-14
Administrative expenses as a share of assets
0.042%
Higher than 17% of the 9,049 plans $50 to 250M that report it.
= $95,190 / $225,004,205
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014081726NAL0003409184003, received 2025-10-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014081726NAL0003409184003, received 2025-10-14
Employer contributions per participant
$1,162
Higher than 13% of the 9,105 plans $50 to 250M that report it.
= $4,230,899 / 3,641
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014081726NAL0003409184003, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014081726NAL0003409184003, received 2025-10-14
Employer share of total contributions
25.5%
Higher than 36% of the 9,112 plans $50 to 250M that report it.
= $4,230,899 / $16,585,515
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014081726NAL0003409184003, received 2025-10-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014081726NAL0003409184003, received 2025-10-14
97.6% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $40,430 ($37.25 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251014081726NAL0003409184003, received 2025-10-14
| Field | Value | Source |
|---|---|---|
| Plan sponsor | EATON CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Plan name | EATON PERSONAL INVESTMENT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Sponsor EIN / plan number | 34-0196300 / 162 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Sponsor location | CLEVELAND, OH | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Industry (business code) | 336300, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Filing received | 2025-10-14 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Participants, beginning of year | 4,139 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Active participants | 3,435 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Participants, end of year | 4,205 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Participants with an account balance | 3,641 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Total assets, beginning of year | $206,559,041 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Total assets, end of year | $225,004,205 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Net assets, end of year | $225,004,205 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Total income | $48,923,999 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Net income | $19,857,399 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Employer contributions | $4,230,899 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Participant contributions | $11,337,790 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Other contributions (incl. rollovers) | $1,016,826 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Total contributions | $16,585,515 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Benefit payments | $28,918,619 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Total expenses (incl. benefit payments) | $29,066,600 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Total administrative expenses | $95,190 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Recordkeeping fees | $91,221 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Investment advisory and management fees | $3,969 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Administrative expenses excluding investment management | $91,221 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Held in master trusts | $219,568,156 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251014081726NAL0003409184003, received 2025-10-14 |
| Independent auditor | MEADEN & MOORE LTD | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251014081726NAL0003409184003, received 2025-10-14 |
Position = column in the DOL layout for form year 2024. Filing 20251014081726NAL0003409184003, received 2025-10-14.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INST OP COrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees; 16 Consulting (general); 50 Direct payment from the plan | $91,221 | yes |
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 20251014081726NAL0003409184003, received 2025-10-14.
EATON SVINGS TRUST (EIN 475346861, PN 001): plan interest $219,568,156, 2.6% of the trust. The trust's own filing (20251014082229NAL0001120627001, received 2025-10-14) reports net assets $8,533,008,534, administrative expenses $1,571,199, recordkeeping fees $582,763, investment management fees $849,400 and 0 Schedule C providers.
Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $206,559,041 | $225,004,205 | 8.9% |
| Participants with a balance | 3,443 | 3,641 | 5.8% |
| Administrative expenses | $96,257 | $95,190 | -1.1% |
| Recordkeeping fees per participant | $26.71 | $25.05 | -6.2% |
| Employer contributions | $3,651,225 | $4,230,899 | 15.9% |
Prior filing 20241009160755NAL0019599969002, received 2024-10-09; the plan years are contiguous.