PlanOptica
Pricing
Sign inSign up free
  1. Companies/
  2. ILLINOIS TOOL WORKS INC.
Sponsor portfolioTH

ILLINOIS TOOL WORKS INC.

EIN 36-1258310-Manufacturing-Latest filing 2025
Plans
10
Retirement
4
$5.51B assets
Welfare
6
$21.8M premiums
Participants
86,018
155 HARLEM AVE - GLENVIEW, IL 60025847-724-7500
Plans on this EIN
10 filings
#003ESOP-$4.19B - 27,157 part#001TraditionalDB-$1.29B - 19,834 part#039ESOP-$19.8M - 554 part#045ESOP-$635K - 36 part#502Mixed-$19.0M - 47,182 lives#501Mixed-$1.4M - 7,334 lives#563Fully Insured-$1.4M - 383 lives#561Mixed-$87K - 20 lives#518Self Funded-0 lives#553Self Funded-0 lives

Retirement portfolio analytics

4 plans aggregated / $5.51B assets / 47,581 participants

Assets by plan

Share of aggregate retirement assets

76%top
  • AND INVESTMENT PLAN (#003)76%
  • RETIREMENT ACCUMULATION PLAN (#001)23%
  • AND INVESTMENT PLAN (#039)0%
  • EMPLOYEE STOCK OWNERSHIP (#045)0%
Total $5.51BClick slice to drill in

Recordkeeper share

DC plan assets by Schedule C recordkeeper

Entrenched
77%top
  • GREAT-WEST LIFE & ANNUITY INSURANCE77%
  • (Not disclosed)23%
Total $5.51BClick slice to drill in

Participants by plan

Active + retired + deferred vested

  • AND INVESTMENT PLAN (#003)27,157
  • RETIREMENT ACCUMULATION PLAN (#001)19,834
  • AND INVESTMENT PLAN (#039)554
  • EMPLOYEE STOCK OWNERSHIP (#045)36
Total 47,581Click row to drill in

Benefits portfolio analytics

6 plans / $21.8M premiums / 54,919 covered lives

Coverage by line

Premium dollars by benefit type (bundled lines overlap)

  • Life$14.1M
  • Other$11.4M
  • Long-term disability$4.9M
  • Health$863K
Total $21.8M4 rows

Carrier market share

Premium dollars by Schedule A carrier

Multi-vendor
65%top
  • METROPOLITAN LIFE INSURANCE COMPANY65%
  • HARTFORD LIFE AND ACCIDENT23%
  • KAISER FOUNDATION HEALTH PLAN INC12%
  • SUMMACARE1%
  • NATIONAL UNION FIRE INS. CO. OF PITTSBURGH, PA0%
  • +1 more
Total $21.8M6 slices

Broker market share

Schedule A broker compensation

Split broker
35%top
  • STRATEGIC EMPLOYEE BENEFIT SERVICES35%
  • MFSM32%
  • STRATEGIC NON-MEDICAL SOLUTION16%
  • EMPYREAN INSURANCE SERVICES, INC.15%
  • AON CONSULTING INC2%
  • +1 more
Total $1.3M6 slices

Plan deep-dives

Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.
Retirement#003

ITW SAVINGS AND INVESTMENT PLAN

ESOP

Assets$4.19B
Participants27,157
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#001

ITW RETIREMENT ACCUMULATION PLAN

TraditionalDB

Assets$1.29B
Participants19,834
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#039

ITW BARGAINING SAVINGS AND INVESTMENT PLAN

ESOP

Assets$19.8M
Participants554
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#045

TRAULSEN & CO., INC. EMPLOYEE STOCK OWNERSHIP PLAN

ESOP

Assets$635K
Participants36
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#502

ILLINOIS TOOL WORKS INC. HEALTH AND WELFARE BENEFITS PLAN

Mixed - METROPOLITAN LIFE INSURANCE COMPANY

Premiums$19.0M
Covered lives47,182
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#501

ILLINOIS TOOL WORKS INC. RETIREE HEALTH AND WELFARE PLAN

Mixed - METROPOLITAN LIFE INSURANCE COMPANY

Premiums$1.4M
Covered lives7,334
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#563

ITW BARGAINING LIFE INSURANCE PLAN

Fully Insured - METROPOLITAN LIFE INSURANCE COMPANY

Premiums$1.4M
Covered lives383
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#561

ITW BARGAINING HEALTH CARE PLAN

Mixed - KAISER FOUNDATION HEALTH PLAN, INC.

Premiums$87K
Covered lives20
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#518

ILLINOIS TOOL WORKS INC. SEPARATION PAY PLAN

Self Funded

Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#553

THE WEST BEND COMPANY BENEFITS PLAN

Self Funded

Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive

Retirement plans4

Plan #NameTypeAssetsParticipantsLatest year
003ITW SAVINGS AND INVESTMENT PLANESOP$4.19B27,1572024
001ITW RETIREMENT ACCUMULATION PLANTraditionalDB$1.29B19,8342024
039ITW BARGAINING SAVINGS AND INVESTMENT PLANESOP$19.8M5542024
045TRAULSEN & CO., INC. EMPLOYEE STOCK OWNERSHIP PLANESOP$635K362025

Welfare plans6

Plan #NameFundingCarrierPremiumsCoveredLatest year
502ILLINOIS TOOL WORKS INC. HEALTH AND WELFARE BENEFITS PLANMixedMETROPOLITAN LIFE INSURANCE COMPANY$19.0M47,1822024
501ILLINOIS TOOL WORKS INC. RETIREE HEALTH AND WELFARE PLANMixedMETROPOLITAN LIFE INSURANCE COMPANY$1.4M7,3342024
563ITW BARGAINING LIFE INSURANCE PLANFully InsuredMETROPOLITAN LIFE INSURANCE COMPANY$1.4M3832024
561ITW BARGAINING HEALTH CARE PLANMixedKAISER FOUNDATION HEALTH PLAN, INC.$87K202024
518ILLINOIS TOOL WORKS INC. SEPARATION PAY PLANSelf Funded-$002024
553THE WEST BEND COMPANY BENEFITS PLANSelf Funded-$002024
Retirement plans
Welfare plans
PlanOptica

Plan research for advisors and brokers. Every retirement and welfare filing, peer-ranked and a decade deep, sourced to the line.

Product
  • Retirement plans
  • Welfare plans
  • Providers
  • Pricing
Data
  • Downloads hub
  • Retirement plans CSV
  • Welfare plans CSV
  • Custom analytics
Resources
  • Free ERISA search
  • Documentation
  • Filter catalog
  • Glossary
Company
  • About
  • Contact
  • Privacy
  • Terms
© 2026 PlanOptica