APPLIED INDUSTRIAL TECHNOLOGIES INC 401(k): Principal, match 3% max
Applied Industrial Technologies, Inc. Retirement Savings Plan · AIT · CIK 109563
Principal is the recordkeeper named on the Form 5500 filed for this plan, the company that keeps the account records. Where to log in, and what the filing says.
Maximum employer match, as a share of pay
3%
APPLIED INDUSTRIAL TECHNOLOGIES INC matches 50% of the first 6% of pay.
From the Form 11-K filed June 16, 2026 ↗, covering the plan year ended December 31, 2025. Page data last updated July 28, 2026, when the Form 5500 bulk data was last refreshed. Why filings lag
On this page: what the employer actually paid in · the formula, word for word · what it used to be · when the money becomes yours · who can join · who holds your account · what the plan reports to the DOL · how it compares · what to do next
What APPLIED INDUSTRIAL TECHNOLOGIES puts in, and what the plan costs
What APPLIED INDUSTRIAL TECHNOLOGIES put into the plan, per active participant
$1,199
APPLIED INDUSTRIAL TECHNOLOGIES INC put $1,199 into this plan for each of its 4,925 active participants in plan year 2024. This is the whole employer side of the plan: matching money, profit sharing, non-elective and safe-harbor contributions, and reallocated forfeitures. The Form 5500 does not separate them, so this is what the employer put in and not the match.
APPLIED INDUSTRIAL TECHNOLOGIES put in less per active participant than 86% of plans with 5,000+ participants in wholesale trade. The middle plan in that group of 100 reported $2,549. Wholesale trade comes from business code 423990, which APPLIED INDUSTRIAL TECHNOLOGIES entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
What this figure cannot separate: how much APPLIED INDUSTRIAL TECHNOLOGIES pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: DOL Form 5500 for the plan year ended December 31, 2024, EIN 340117420, plan 003 · DOL EFAST2 ↗
The $1,199 above is the Form 5500 figure for plan year 2024, and it counts every employer dollar on one line. APPLIED INDUSTRIAL TECHNOLOGIES INC also files a Form 11-K, which states the match formula for plan year 2025: the card below reads $1,485 a year at a $49,500 salary. That second figure is what the formula pays one worker on that salary, and not an amount either filing reports. The two figures cover different plan years and measure different things, so neither one is the other one corrected.
What APPLIED INDUSTRIAL TECHNOLOGIES puts in
$1,485
a year, at a $49,500 salary.
The match paragraph, word for word
“The Company may make additional discretionary matching contributions limited to 50% of the aggregate participant pre-tax and after-tax contributions up to 6% of the participant's eligible compensation for that period.”
What you contribute to collect all of it
Contribute at least 6% of your pay to collect the full match.
That is $2,970 a year at a $49,500 salary, and it scales with your own.
Vesting score
64.29 out of 100
How fast the employer’s money becomes yours. Higher than 29% of the 369 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 0%, 25%, 50%, 75%, 100%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“Participants vest in employer contributions at a rate of 25% for each year of eligible service, becoming completely vested after four years, or at death, termination of employment due to physical or mental disability (determined by the Company upon the basis of a written certificate of a physician selected by it), or normal retirement as defined in the Plan.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
83rd percentile
$98.65 per participant in plan-paid administrative cost, more expensive than 83% of plans with 5,000+ participants.
What is APPLIED INDUSTRIAL TECHNOLOGIES' 401(k) match formula?
APPLIED INDUSTRIAL TECHNOLOGIES' 401(k) employer match tops out at 3% of pay. The match is deposited each payroll. One rate up to one limit is the commonest of the four shapes a match formula takes.
| Match formula | 50% of the first 6% of pay |
|---|---|
| Maximum employer match | 3% of compensation |
| Deposited | Each payroll |
| Conditions | The Company may make additional discretionary matching contributions limited to 50% of the aggregate participant pre-tax and after-tax contributions up to 6% of the participant's eligible compensation for that period. Employer matching contributions are paid each pay period and the participant must be employed during the period to receive the match. |
At a $90,000 salary, contributing 6% ($5,400) earns the full employer match of $2,700 for the year.
What the filing says, word for word
“The Company may make additional discretionary matching contributions limited to 50% of the aggregate participant pre-tax and after-tax contributions up to 6% of the participant's eligible compensation for that period.”
Source: Form 11-K filed June 16, 2026, SEC EDGAR, corroborated by the filing's inline-XBRL facts · SEC ↗
What did APPLIED INDUSTRIAL TECHNOLOGIES' 401(k) match used to be?
APPLIED INDUSTRIAL TECHNOLOGIES changed its 401(k) match. The formula in force now is 50% of the first 6% of pay.
| Current | 50% of the first 6% of pay |
|---|---|
| Before | The employer matching contribution was suspended in July 2024 but reinstated during the first quarter of 2025. |
What is APPLIED INDUSTRIAL TECHNOLOGIES' 401(k) vesting schedule?
APPLIED INDUSTRIAL TECHNOLOGIES vests the employer match on a graded schedule: 25% after one year, rising to 100% after four. Each step is money that leaves with you that year, which is how a graded schedule differs from a cliff.
| Employer match vesting | Graded: 25% at 1 yr, 50% at 2 yr, 75% at 3 yr, 100% at 4 yr |
|---|---|
| Your own contributions | Immediate: always 100% yours |
| Accelerated vesting | death, termination of employment due to physical or mental disability, or normal retirement as defined in the Plan |
Vesting, word for word
“Participants vest in employer contributions at a rate of 25% for each year of eligible service, becoming completely vested after four years, or at death, termination of employment due to physical or mental disability (determined by the Company upon the basis of a written certificate of a physician selected by it), or normal retirement as defined in the Plan.”
Source: Form 11-K filed June 16, 2026, SEC EDGAR · SEC ↗
Who can join APPLIED INDUSTRIAL TECHNOLOGIES' 401(k), and is enrollment automatic?
APPLIED INDUSTRIAL TECHNOLOGIES enrolls new hires automatically at 4% of pay.
| Plan entry | All eligible employees may participate in the Plan upon their hire with the Company. |
|---|---|
| Automatic enrollment | Yes: default deferral 4% of pay |
Eligibility, word for word
“All eligible employees may participate in the Plan upon their hire with the Company.”
Automatic enrollment, word for word
“All newly eligible employees are automatically enrolled into the Plan with an initial contribution rate of 4% after 30 days of employment if they have not already made an affirmative election to contribute to the Plan or have not made an election to opt out of contributing.”
Source: Form 11-K filed June 16, 2026, SEC EDGAR · SEC ↗
Who holds your account
Schedule C of the Form 5500 filed for plan year 2024 reports Principal, filed as “PRINCIPAL LIFE INSURANCE COMPANY”. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to. The trustee that holds the plan’s assets can be a different company, and this filing does not name it.
5,239 plans on file name Principal as their recordkeeper. Of those, the 5,230 with a computable fee have a median plan-paid cost of $170.05 per participant.
Participants log in at Principal ↗. 401(k) Monitor is not affiliated with Principal or with any other recordkeeper, and takes nothing for this link. It is here because that is where the account is.
| Recordkeeper | Principal |
|---|---|
| Recordkeeper EIN | 420127290 |
What does the APPLIED INDUSTRIAL TECHNOLOGIES plan report on Form 5500?
The APPLIED INDUSTRIAL TECHNOLOGIES plan reported $862.3M in assets and 6,299 participants for plan year 2024.
| Total plan assets | $862,317,717 |
|---|---|
| Participants | 6,299 |
| Plan-paid admin cost per participant | $98.65 |
How that cost compares
This plan pays $98.65 per participant. The median across plans in wholesale trade is $149.72, from the 3,304 of 3,490 whose Form 5500 yields a per-participant cost.
How does APPLIED INDUSTRIAL TECHNOLOGIES' 401(k) match compare?
APPLIED INDUSTRIAL TECHNOLOGIES INC's maximum 401(k) match of 3% of pay compares with a median of 4% across the 269 companies in our data with a computable formula.
Employers worth reading next
Of the six employers below, three file in wholesale trade, two report the same recordkeeper and one vests on the same schedule.
Maximum match 3% of pay. Also in wholesale trade.
Maximum match 3.5% of pay. Also in wholesale trade.
Maximum match 4% of pay. Also in wholesale trade.
Maximum match 2.1% of pay. Same recordkeeper, Principal.
Maximum match 3% of pay. Same recordkeeper, Principal.
Maximum match 4.5% of pay. Also fully vested after 4 years, like APPLIED INDUSTRIAL TECHNOLOGIES.
Compare APPLIED INDUSTRIAL TECHNOLOGIES INC with any company, side by side
What can you do next?
- Read the Form 11-K on SEC EDGAR ↗
Form 11-K filed June 16, 2026, SEC EDGAR. Every match fact on this page comes from it.
- Changed jobs? Find an old 401(k) ↗
The Department of Labor's Retirement Savings Lost & Found, a free government database.
- This year's IRS contribution limits ↗
The official deferral and catch-up limits every formula operates under.
Questions this filing answers
What is APPLIED INDUSTRIAL TECHNOLOGIES INC's 401(k) match?
Applied Industrial Technologies Inc. matches 50% of employee contributions up to 6% of eligible pay (plan year ended December 31, 2025).
When does the APPLIED INDUSTRIAL TECHNOLOGIES INC 401(k) match vest?
Graded: 25% at 1 yr, 50% at 2 yr, 75% at 3 yr, 100% at 4 yr.
Does APPLIED INDUSTRIAL TECHNOLOGIES INC's 401(k) plan have automatic enrollment?
Yes: default deferral 4% of pay.
Who is the recordkeeper for APPLIED INDUSTRIAL TECHNOLOGIES INC's 401(k)?
Principal is named as the recordkeeper on the Form 5500 filed for Applied Industrial Technologies, Inc. Retirement Savings Plan for plan year 2024. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to.
Did APPLIED INDUSTRIAL TECHNOLOGIES INC change its 401(k) match?
Yes. The employer matching contribution was suspended in July 2024 but reinstated during the first quarter of 2025. The current terms took effect as stated in the filing.
Source
The match formula, the vesting schedule and the enrollment rules on this page were read from one document: the Form 11-K annual report that APPLIED INDUSTRIAL TECHNOLOGIES INC filed with the US Securities and Exchange Commission for the plan year ended December 31, 2025. Each of those fields carries the filing sentence it was read from, expandable where the field appears. Nothing on this page was supplied by the employer to this site.
The plan assets, the participant counts, the plan-paid fees and the recordkeeper come from a different document, the plan’s DOL Form 5500 annual return, and the section that reports them links it. Comparisons with other employers are computed across the filings named in the section they appear in.
Read the filing on SEC EDGAR ↗
| Document | Form 11-K annual report |
|---|---|
| Filed with | US Securities and Exchange Commission (EDGAR) |
| Filed by | APPLIED INDUSTRIAL TECHNOLOGIES INC |
| SEC CIK | 109563 |
| Accession number | 0000109563-26-000025 |
| Plan | Applied Industrial Technologies, Inc. Retirement Savings Plan |
| Period of report | December 31, 2025 |
| Filed | June 16, 2026 |
401(k) Monitor is not affiliated with APPLIED INDUSTRIAL TECHNOLOGIES INC, with the Securities and Exchange Commission or with this plan’s recordkeeper, and publishes this page without their involvement. It republishes a public filing and says where it came from.
Cite this page
401(k) Monitor, “APPLIED INDUSTRIAL TECHNOLOGIES INC 401(k) plan facts”, from SEC Form 11-K accession 0000109563-26-000025, plan year ended December 31, 2025.
