Pentair Inc 401(k) Review & Grade
Pentair Inc Retirement Savings and Stock
Golden Valley, MNManagement of Companies4,838 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$4,073Employer $ per active participant
$7,915Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$909.7MNet plan assets, end of year
$131,844Average balance per account
Score breakdown
- Employer generosity32.2 / 5064th percentile for employer $ per participant
- Low cost18.8 / 2575th percentile for low admin cost vs. same-size plans
- Employee saving10.2 / 1568th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
- Red-flag deductions-13 pts2 issues reported on the filing
Total score48 / 100 · Grade C
This plan vs. peers
Peers: Management of Companies plans with 2,500–9,999 active participants (60 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 64th |
| Lower admin cost | 75th |
| Employee saving | 68th |
| Peers that auto-enroll | 58% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($390 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $31,291 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Pentair put in about $4,073 per active participant, more than the typical peer ($3,455). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $19,706,037 |
| Participant (employee) contributions | $38,291,569 |
| Other contributions (incl. rollovers in) | $4,253,870 |
| Administrative expenses paid from the plan | $489,639 |
| Contract administrator fees | $1,200 |
| Other admin expenses | $8,941 |
| Benefits paid out | $120,522,052 |
| Net assets, start / end of year | $822.4M / $909.7M |
| Active participants, start / end of year | 5,040 / 4,636 |
| Participants with account balances | 6,900 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Deloitte & Touche LLP |
| Employer stock held by plan | $54,118,380 |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $193,804 reported compensation |
| Foley & Lardner LLP | $1,716 reported compensation |
| Blackrock Institutional Trust Co NA | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250826160622NAL0004540771001, received 2025-08-26, EIN 41-0907434, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.