# Snap-on Incorporated

Snap-on Incorporated is a Pension Fund based in Kenosha, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Kenosha, United States
- **Region:** North America
- **Address:** 2801 80th Street, Kenosha, WI 53143, United States
- **Assets under management:** 1155 (Altss estimate)
- **Website:** www.snapon.com
- **LinkedIn:** https://www.linkedin.com/company/snap-on-incorporated

## Regulatory record

- **Reports private funds:** No

## About

Snap-on Incorporated maintains a defined benefit pension plan whose assets sit in the Snap-on Incorporated Retirement Plan Trust. Nicholas T. Pinchuk chairs the retirement plans committee that sets policy for the plan. The plan's disclosed holdings total $1.155 billion. The plan allocates across domestic equity securities valued at $71.9 million, foreign equity securities at $47.9 million, government debt at $151.1 million and corporate bonds at $330.9 million. It also holds $212.9 million in domestic commingled equity funds and $176.8 million in foreign commingled equity funds. A separate $600,000 allocation sits in U.S. real estate held directly by the trust. The plan participates in private equity and hedge fund partnerships on an aggregate basis through the trust vehicle. The plan reports 0.78 percent of assets in private equity. T. Rowe Price Trust Company serves as trustee and recordkeeper. State Street Bank and Trust Company acts as custodian. No additional offices or professional headcount figures appear in the record. The pension operates under ERISA requirements and participates in the ERISA Industry Committee. Governance flows through the retirement plans committee chaired by the parent company's CEO.

## Sectors

- Diversified
- Real Estate
- Private Equity

## People

- Nicholas T. Pinchuk — Chairman and CEO
- Jeffrey Kostrzewa — VP Risk Management and Treasurer
- Marty V. Ozolins — VP and Controller

## Questions

### Who runs investment decisions at the Snap-on Incorporated pension plan?

Nicholas T. Pinchuk chairs the retirement plans committee. Jeffrey Kostrzewa manages pension asset risk in his role as VP Risk Management and Treasurer.

### What asset classes does the Snap-on pension plan hold?

The plan holds domestic and foreign equities, government and corporate debt, commingled equity funds and a small direct real estate allocation.

### Does the Snap-on pension plan commit to private equity funds?

Yes. The plan reports a 0.78 percent allocation to private equity partnerships held through the retirement trust.

### Where is the Snap-on pension plan domiciled?

The plan assets reside in the Snap-on Incorporated Retirement Plan Trust based in Kenosha, Wisconsin.

### Which service providers support the Snap-on pension plan?

T. Rowe Price Trust Company serves as trustee and recordkeeper. State Street Bank and Trust Company acts as custodian. Wipfli LLP and Deloitte & Touche LLP serve as auditors.

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/snap-on-incorporated

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology
