Missouri › Manufacturing › 25,000 or more participants
Form 5500 statement · plan year 1 Oct 2024 to 30 Sep 2025
Emerson Savings Plan
Sponsored by Emerson Electric Company, Clayton, MO
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Emerson Electric Company of Clayton, Missouri sponsors Emerson Savings Plan, a 401(k) plan. Its Form 5500 for the plan year ending 30 Sep 2025 shows 28,509 participants (14,639 active) and $7.36B in net assets.
Net assets came to $258,068 per participant, well above the $62,774 median for defined contribution plans with 25,000 or more participants and well above the $62,303 median for defined contribution plans in manufacturing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $52.4M during the year, or $3,579 per active participant against a same-size median of $2,417; participants contributed $134M and $12.2M arrived as rollovers and other contributions. Benefits paid out totalled $652M.
The filing reports no service provider compensation on Schedule C. That is common where fees are paid by the employer or taken from investment returns, neither of which appears there. Administrative expenses charged to the plan were $1.4M.
Across the filings on record, net assets went from $2.15B in 2009 to $7.36B in 2024 (up 242%), and participants from 28,504 to 28,509 (unchanged).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $258,068 | $62,774 | $62,303 | $53,102 |
| Employer contributions per active participant | $3,579 | $2,417 | $2,187 | $2,175 |
| Schedule C compensation per participant | — | $36.41 | $136 | $123 |
| Schedule C compensation, share of net assets | — | 0.07% | 0.24% | 0.26% |
| Administrative expenses per participant | $48.19 | $38.81 | $131 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 25,000 or more participants (608 plans), manufacturing (11,377) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 28,509 | $7.36B | $258,068 | $52.4M | $134M | $0 |
| 2023 | 16,539 | $3.56B | $215,441 | $37.8M | $79.1M | $898K |
| 2022 | 18,738 | $2.99B | $159,772 | $44.0M | $92.3M | $854K |
| 2021 | 23,083 | $2.99B | $129,597 | $45.8M | $103M | $974K |
| 2020 | 23,047 | $3.87B | $168,038 | $42.8M | $99.3M | $936K |
| 2019 | 23,579 | $3.35B | $142,097 | $44.4M | $111M | $674K |
| 2018 | 24,424 | $3.13B | $128,266 | $45.3M | $113M | $615K |
| 2017 | 23,877 | $3.16B | $132,422 | $47.6M | $98.9M | $628K |
| 2016 | 21,927 | $2.73B | $124,421 | $33.7M | $93.8M | $609K |
| 2015 | 26,008 | $2.88B | $110,841 | $33.1M | $115M | $702K |
| 2014 | 26,689 | $2.58B | $96,838 | $35.2M | $120M | $760K |
| 2013 | 27,642 | $2.91B | $105,128 | $32.7M | $116M | $609K |
| 2012 | 27,742 | $2.76B | $99,468 | $30.7M | $112M | $212K |
| 2011 | 28,269 | $2.36B | $83,562 | $40.9M | $109M | $206K |
| 2010 | 28,177 | $1.98B | $70,356 | $29.4M | $106M | $224K |
| 2009 | 28,504 | $2.15B | $75,535 | $27.4M | $106M | $231K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$3,563,171,641
- Employer contributions$52,385,780
- Participant contributions$133,673,360
- Rollovers and other contributions$12,156,988
- Total contributions$198,216,128
- Total income, including investment results$1,114,808,990
- Benefits paid$651,850,081
- Administrative expenses$1,373,953
- Total expenses$653,881,009
- Net income$460,927,981
- Net transfers$3,333,153,489
- Net assets, end of year$7,357,253,111
Participants
- Active participants14,639
- Retired or separated, receiving benefits1,603
- Retired or separated, entitled to future benefits11,645
- Participants with account balances27,334
- Total participants, end of year28,509
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| The Vanguard Group, Inc. | Recordkeeping and information management; Trustee (directed) | $0 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Other administrative expenses$1,373,953
- Total administrative expenses$1,373,953
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Master trust investment accounts$7.32B · 99.5%
- Participant loans$27.8M · 0.4%
- Receivables$6.6M · 0.1%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmGrant Thornton LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $25,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2EProfit-sharing plan2FERISA section 404(c) plan2HPartial participant-directed account plan2JCode section 401(k) feature2KCode section 401(m) arrangement2S401(k) plan or 403(b) plan that provides for automatic enrollment2TTotal or partial participant-directed account plan with a default investment account3HPlan sponsor(s) is (are) a member(s) of a controlled group
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 335900: Other Electrical Equipment & Component Mfg.
Other plans of Emerson Electric Company
| Plan | Participants | Net assets |
|---|---|---|
| Emerson Electric Company Retirement Plan | 37,805 | $3.29B |
| Emerson Electric Co. Retirement Savings Plan | 464 | $32.0M |
Similar plans in Missouri
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Bayer Corporation Savings and Retirement Plan | Bayer Corporation | 28,899 | $11.8B | $409,669 |
| Anheuser-Busch 401(k) Savings and Retirement Plan | Anheuser-Busch Companies, LLC | 21,016 | $3.62B | $172,215 |
| Post Holdings, Inc. Savings Investment Plan | Post Holdings, Inc. | 9,385 | $1.22B | $129,834 |
| Olin Corporation Retirement Savings Plan | Olin Corporation | 9,102 | $1.52B | $167,214 |
| Barry-Wehmiller Companies' 401(k) Retirement Savings Plan | Barry-Wehmiller Companies, Inc. | 7,046 | $1.03B | $145,901 |
| Leggett & Platt, Incorporated 401(k) Plan and Trust Agreement | Leggett & Platt, Incorporated | 6,708 | $483M | $72,074 |
Defined contribution plans in manufacturing closest in size.
Questions and answers
How big is Emerson Savings Plan?
28,509 participants at the end of the plan year ending 30 Sep 2025, of whom 14,639 were active employees, with net assets of $7,357,253,111. Among defined contribution plans that places it in the 25,000 or more participants band, which held 608 plans in plan year 2024.
What does Emerson Electric Company contribute per participant?
The filing reports $52,385,780 in employer contributions for the year, which is $3,579 per active participant; the median for plans of the same type and size was $2,417 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports no provider compensation for the year. Administrative expenses on Schedule H were $1,373,953. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Emerson Electric Company. Recordkeeping or administration: The Vanguard Group, Inc.. Trustee or custodian: The Vanguard Group, Inc.. The financial statements were audited by Grant Thornton LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Oct 2024 to 30 Sep 2025, received by the Department of Labor on 13 Jul 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 43-0259330, plan 016, received 13 Jul 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.