Milwaukee Electric Tool 401(k) match, vesting and fees
What Milwaukee Electric Tool's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | T Rowe Price Rps Inc | Schedule C ↗ |
| Independent auditor | Pbmares (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2023 medians for 206 defined-contribution plans in manufacturing with 10,000 to 49,999 participants.
| Milwaukee Electric Tool: employer contribution per participant | $2,116 | |
| Peer median | $3,377 |
| Milwaukee Electric Tool: average balance | $47,629 | |
| Peer median | $135,813 |
| Milwaukee Electric Tool: admin expenses ÷ assets | 0.16% | |
| Peer median | 0.06% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $686M at the end of plan year 2021 to $813M at the end of plan year 2023.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2023 | 17,827 | $813M | $36.1M | $2,116 | 0.16% | Not published | Form 5500 ↗ |
| 2022 | 18,170 | $639M | $34.1M | $1,998 | 0.15% | Not published | Form 5500 ↗ |
| 2021 | 18,638 | $686M | $26.6M | $1,541 | 0.15% | Not published | Form 5500 ↗ |
Common questions
Does Milwaukee Electric Tool match 401(k) contributions?
The match terms for the Techtronic Industries 401(k) Retirement Plan have not been published from its filing yet. The plan year 2023 filing reports $36.1M in employer contributions, about $2,116 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Milwaukee Electric Tool 401(k) match vested?
The vesting schedule for the Techtronic Industries 401(k) Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Milwaukee Electric Tool 401(k)?
The recordkeeper listed on Schedule C of the plan year 2023 filing is T Rowe Price Rps Inc. The plan administrator is Milwaukee Electric Tool Corporation.
I left Milwaukee Electric Tool. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Milwaukee Electric Tool Corporation, (954) 541-9600) or the recordkeeper, T Rowe Price Rps Inc. The Milwaukee Electric Tool old 401(k) page lists the contacts from every plan filing. Find an old Milwaukee Electric Tool 401(k)
Data from the public Form 5500 annual reports Milwaukee Electric Tool filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Milwaukee Electric Tool. Not financial advice. Report a correction · Methodology