Plan Ledger DOL Form 5500 · updated monthly

Stanley Black & Decker, Inc.401(k)

STANLEY BLACK & DECKER RETIREMENT ACCOUNT PLAN · NEW BRITAIN, CT · plan year 2024

Reported admin expense ratio · 2024
0.10%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Stanley Black & Decker, Inc. reported $2,312,904 in plan administrative expenses for 2024: 0.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,171 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.095%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 13th-largest of 1,106 plans among Connecticut employers on file, and the 134th of 13,661 in manufacturing. In 2024, employees put in $2.56 for every $1.00 the employer contributed; active participation has shrunk from 19,093 to 16,084 since 2022.

Plan summary
Net assets, end of year$2,467,225,247
Participants with balances26,180
Active participants16,084
Employer contributions$34,926,053
Employee contributions$89,326,683
Employer contribution per active participant$2,171
Average account balance$94,241
Benefits paid to participants$364,299,391
Plan auditUnmodified (clean) audit opinion
AuditorFIONDELLA, MILONE & LASARACINA, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.5B · 26,180 accts · $34.9M emplr
2023$2.4B · 29,120 accts · $41.4M emplr
2022$2.1B · 26,917 accts · $43.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,245,961
Total administrative$2,312,904
The Stanley Black & Decker, Inc. 401(k) match · 2024
Employer contribution per active participant$2,171
Median for plans this size$5,259
2024$2,171 per active participant
2023$2,277 per active participant
2022$2,300 per active participant

Stanley Black & Decker, Inc.'s 2024 employer contribution ran below the $5,259 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$1,279,289

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$2,312,904 · 0.10%
2023$2,374,362 · 0.11%
2022$2,249,627 · 0.10%
Same employer
Similar plansManufacturing · Connecticut
Rtx Corporation CT$58.6B · 0.02%
Xerox Corporation CT$4.0B · 0.08%
Linde Inc. CT$2.9B · 0.03%
Henkel of America, Inc. CT$2.4B · 0.03%
Pitney Bowes Inc. CT$1.7B · 0.07%
Assa Abloy Incorporated CT$1.3B · 0.06%
Hubbell Incorporated CT$1.2B · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060548860 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.