Eaton Corporation Group Insurance Plan For U.S. Employees — Form 5500 plan (Eaton Corporation)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Eaton Corporation Group Insurance Plan For U.S. Employees is a benefit plan reported by Eaton Corporation under EIN 34-0196300 and plan number 590. The latest loaded filing year is 2023. The filing reports 22,001 participants and $2,446,081 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$2.4MPlan net assets, end of year$2,446,081
Participants22KCovered participants reported22,001
Assets / participant$111Computed: assets ÷ participants$111 (computed)
Provider compensationNone reported
Plan sponsor
Eaton Corporation
EIN
34-0196300
Plan number
590
Plan type
2
Location
Cleveland, OH
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202322,001H20241015083314NAL0055208370002
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$2.4M total assets
Net assets$2.4MLiabilities
Money in vs. money out
Total income / additions$328.7M
Total expenses$327.1M
Benefits paid / distributions$327.1M
Contributions
Employer$232.4M
Participant$68M
Full reported line items

Net assets

Total assets (EOY)
$2,446,081
Net assets (EOY)
$2,446,081
Net assets (BOY)
$874,270

Income & contributions

Employer contributions
$232,370,647
Participant contributions
$67,954,278
Total contributions
$300,324,925
Total income / additions
$328,739,558

Expenses & distributions

Benefits paid
$327,089,820
Total expenses
$327,089,820
Net increase / (decrease)
$1,649,738
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 77%Participant 23%
Total expenses ÷ net assets13372%Computed ratio
Benefits paid ÷ total income99%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages