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FORM 5500 DATA

Snap-On Incorporated Retirement Plan for hourly employees

Overview

Plan Information

  • Plan Year01/01/2011 — 12/31/2011
  • Date of Plan01/01/1969
  • Net Assets as of 12/31/2011 $126,169,950
  • Plan Number2
  • Plan Type Single Employer
  • Is the plan collectively bargained?Yes
  • Did the plan file for an extension of time or the DFVC Program?Yes
  • Plan Funding Arrangement Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 12/31/2011

  • Active (Eligible) Participants838
  • Retired or separated participants receiving benefits1,160
  • Other retired or separated participants entitled to future benefits676
  • Subtotal2,674
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits194
  • Total2,868
  • Total number of participants as of 01/01/20112,880
  • Number of participants with account balances0
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested13

Expenses

  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • Address2801 80th Street
  • CityKenosha
  • StateWI
  • Zip53143
  • Telephone(262) 656-5200
  • EIN39-0622040
  • Industry Code332210
  • Named AdministratorMary E Bauerschmidt
  • Named Plan SponsorMary E Bauerschmidt

Plan Administrator Information

  • Administrator NameRetirement Plans Committee Under Snap-On Inc. Retirement Plan
  • Address2801 80th Street
  • CityKenosha
  • StateWI
  • Zip53143
  • Telephone(262) 656-5200
  • Administrator EIN39-0622040

Benefits Provided Under the Plan

Code Benefit Description
3H Controlled Group Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

Questions and Answers

Question Answer Amount
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No
Were any leases to which the plan was a party in default or classified during the year as uncollectible? No
Were there any nonexempt transactions with any party-in-interest? No
Was this plan covered by a fidelity bond? Yes $25,000,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? Yes $23,991,237
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No
Has the plan failed to provide any benefit when due under the plan? No
If this is an individual account plan, was there a blackout period? No
If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3? No

Service Providers

Persons Receiving Only Eligible Indirect Compensation

There is no information on eligible indirect compensation for this plan.

Other Service Providers Receiving Direct or Indirect Compensation

Name Nature of Service Relationship to Plan Sponsor Direct Compensation Paid by Plan Indirect Compensation Paid by Plan Total Compensation
Mercer Actuarial, Recordkeeping and information management (computing, tabulating, data processing, etc.), Consulting (pension), Direct payment from the plan NONE $374,629 $0 $374,629
Nisa Investment Advisors LLC Investment management, Investment management fees paid directly by plan NONE $50,130 $0 $50,130
Vaughan Nelson Investment Mgmt Lp Investment management, Investment management fees paid directly by plan NONE $32,088 $0 $32,088
Mercer Investment Consulting Investment advisory (plan), Direct payment from the plan NONE $31,659 $0 $31,659
Northern Trust Trustee (bank, trust company, or similar financial institution), Direct payment from the plan NONE $27,803 $0 $27,803
Mercer Hammond Associates Investment advisory (plan), Direct payment from the plan NONE $26,341 $0 $26,341
Stralem & Company Incorporated Investment management, Investment management fees paid directly by plan NONE $22,679 $0 $22,679
Colchester Global Investors Limited Investment management, Investment management fees paid directly by plan NONE $20,660 $0 $20,660
Blackrock Corp. Investment management, Investment management fees paid directly by plan NONE $17,711 $0 $17,711
State Street Bank & Trust Co. Other services, Direct payment from the plan NONE $16,621 $0 $16,621
Cooke & Bieler Inc. Investment management, Investment management fees paid directly by plan NONE $13,574 $0 $13,574
Rreef America LLC Investment management, Investment management fees paid directly by plan NONE $13,427 $0 $13,427
Atalanta Sosnoff Capital LLC Investment management, Investment management fees paid directly by plan NONE $12,420 $0 $12,420
Wipfli Accounting (including auditing), Direct payment from the plan NONE $8,710 $0 $8,710
Total $668,452 $0 $668,452

Indirect Compensation

There are no service providers with indirect compensation listed for this plan.

Service Providers Who Fail or Refuse to Provide Information

There are no service providers who failed or refused to provide information.

Termination Information on Accountants and Enrolled Actuaries

There is no termination information for this plan.

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Snap-On Tools Collective Inv. Trust Snap-On Incorporated DFE: Master Trust Investment Account $114,812,371
Total $114,812,371

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.