401(k) Monitor

Emerson Electric Co. Retirement Savings Plan

Emerson Electric Company · Clayton, MO · EIN 430259330 · Plan 101 · Form 5500 for plan year 2024

What Emerson Electric put into the plan, per active participant

Not on this filing

The plan ended the year with a fraction of the active participants it began with, so a full year of employer money would divide across the few people left and read as a figure no employee received. The total is shown instead of a per-person amount.

The plan received $2,493,211 of employer money in plan year 2024. The total is shown here because the filing does not support dividing it per person.

A plan whose active count collapsed during the year is kept out of every peer group, because ranking it would move everyone else. Nothing is filled in from an average, from another year or from another plan.

Source: Form 5500 filing for the plan year ended September 30, 2025, received by the DOL July 13, 2026 · DOL EFAST2

What the plan cost, per participant

$23.95

The plan paid $23.95 per participant in plan-paid administrative expenses in plan year 2024, cheaper than 82% of plans with 5,000+ participants. The middle plan of that size paid $54.84.

Why a plan this big pays less per person before anything else

Bigger plans pay less per head by construction, because the same negotiated bill divides across more people. That is why this ranking sits inside the plan's own size cohort and is never taken across all plans.

Schedule H reports only what came out of plan assets. Fees the sponsor pays directly, and fees taken inside fund expense ratios, never appear here, so this is a floor and not the all-in cost.

401(k) Monitor Score

Not scored

This filing reports one of the two amounts the score is built from, so it takes none. A plan whose active count collapsed during the year is kept out of every peer group, because ranking it would move everyone else.

It keeps whichever of the two it does report, above. Nothing is filled in from an average, from another year or from another plan, because a two-part score computed on one part is a different measure wearing the same name.

What the score would read, on a filing that carries both: Where this plan stands against plans of its size and industry on two amounts its Form 5500 reports: employer money in per active person, and plan-paid cost per person. It reads no match formula, no vesting schedule and no fund lineup, because a Form 5500 states none of them.

On this page: the match and vesting terms · what to check next · every figure on the filing · fees itemised · the plans this one is ranked against · service providers

The match and vesting terms, from a Form 11-K

The match formula and the vesting schedule are stated in a Form 11-K, which is filed only by employers whose plan holds company stock. A Form 5500 reports neither.

What Emerson Electric puts in

Not stated in the filing

The match rate is set at the company's discretion each year, and the filing does not state the rate it used.

Two places state the terms in full: your plan’s Summary Plan Description, which your employer must provide on request, and your recordkeeper’s site, which for this plan is Vanguard.

What you contribute to collect all of it

Not stated in the filing

The filing does not state the contribution rate that collects the full employer contribution.

Vesting score

57.14 out of 100

How fast the employer’s money becomes yours. Higher than 4% of the 253 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.

Vesting scheduleGraded, full at 5 years

Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 0%, 20%, 40%, 60%, 80%, 100%, 100%. The score is the average of those 7 readings.

Vesting, word for word
Participant contributions and any related dividends, earnings and losses are always 100% vested. Company matching contributions and any related dividends, earnings or losses generally vest at the rate of 20% per year of service for the first 5 years for most employees. The nonelective Company contributions cliff vest after 3 years. All amounts fully vest upon attaining retirement age (age 55), or due to death, total and permanent disability, or termination of 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.

The formula, the six-year window and a worked example

What the plan costs, against plans of its size

18th percentile

$23.95 per participant in plan-paid administrative cost, cheaper than 82% of plans with 5,000+ participants.

The match, vesting and eligibility terms above are read from the Form 11-K filed by Emerson Electric Co., whose page states the full formula, the vesting schedule and the sentence behind each one.

What to check next

  • Money in, without a headcount to divide it by

    The plan ended the year with a fraction of the active participants it began with, so the employer money is shown as a total above and not per person. Your own statement, on Vanguard, shows what reached your account.

  • Your own numbers are not on this page

    Every figure here is the whole plan for plan year 2024, taken from one filing and divided by headcounts. Your own contribution rate, your balance and the fees taken from your account are on your recordkeeper’s site, which this filing names as Vanguard. What you may put in during a year is set by the IRS and not by the plan: this year’s limits ↗.

Key figures

From Schedule H of Form 5500 filing 20260713094822NAL0000005186001, plan year 2024.
Total plan assets, end of year$32,003,740
Net assets$32,003,740
Participants, beginning of year6,748
Of which active436
Plan typeSingle employer
Size cohortThe peer group we rank fees against.5,000+ participants
Employer share of the money that went in, plan year 2024The rest came from employees, who put in $4,845,603. The share falls when employees save more, so a plan whose staff contribute heavily reads lower here through no act of the employer. It is printed as a fact and it is not part of the score.34%

Plan-paid administrative expenses

The plan paid $161,607 in administrative expenses in plan year 2024, across 6,748 participants: $23.95 per participant.

Contract administrator feesnot reported in filing
Professional feesnot reported in filing
Investment management feesnot reported in filing
Other administrative fees$161,607

These are plan-paid expenses from Schedule H only. Fees the sponsor pays directly, and fees embedded in fund expense ratios, never appear here. This figure is a floor, not the all-in cost, and a low number is not “free”.

The plans this one is ranked against

Fees on this page are ranked against the 5,000+ participant cohort, where the median plan pays $54.84 per participant. The sponsor files from Missouri, one of 1,025 plans on file there, at a median of $132.02 per participant. Its business code places the plan in industrial and materials manufacturing, one of 6,008 on file, which run to a median of $142.19.

Plans of a similar size in Missouri

The plans nearest this one by participant count, out of 55 in its peer group. Cost per participant is each plan’s own Schedule H figure, and a filing that reported no administrative expenses says so instead of showing a zero.
PlanParticipantsCost per participant
Mccarthy Employee Retirement Savings PlanGenuine Mccarthy Enterprises, Inc.7,046$105.56
Leggett & Platt, Incorporated 401(k) Plan And Trust AgreementLeggett & Platt, Incorporated7,025$70.09
BJC 403(b) PlanBJC Health System6,692$47.09
Ssm Health 401(k) PlanSsm Health Care Corp.6,551$29.62

Service providers (Schedule C)

Recordkeeper: Vanguard (as filed: “THE VANGUARD GROUP, INC.”)

2,337 plans on file name Vanguard as their recordkeeper, at a median of $97.87 per participant.

Providers from Schedule C, Part 1, Item 2 of filing 20260713094822NAL0000005186001. Direct compensation is paid from plan assets. Amounts in USD.
ProviderService codesDirect comp. ($)Indirect comp. ($)
The Vanguard Group, Inc.99, 52, 37, 25, 38, 15106,0340
Grant Thornton LLP1055,620not reported
Newport Trust Company517,829not reported

Source

DatasetDOL EFAST2 Form 5500 bulk data (FOIA)
Form year2024
Filing ACK_ID20260713094822NAL0000005186001
Dataset last refreshedJuly 28, 2026

Bulk dataset at askebsa.dol.gov ↗ · Look up the filing on EFAST2 ↗

Filings lag by design: a plan can file up to 9½ months after its year ends, so this is the newest data on file. Why filings lag

Cite this page

401(k) Monitor, "Emerson Electric Co. Retirement Savings Plan: Form 5500 facts", from DOL EFAST2 filing 20260713094822NAL0000005186001, plan year ended September 30, 2025.