Illinois Tool Works Inc. 401(k) Plan: Login, Facts & Contact Information
Illinois Tool Works Inc. 401(k) Login
9,421 former Illinois Tool Works Inc. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Illinois Tool Works Inc. 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 18, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $256.6 million went into the plan in contributions, $101.0 million of it from the employer (39%).
- $510.3 million was paid out to participants.
- Investment and other income added $383.4 million.
- Administrative expenses were $2.07 million, about $76 per account.
How the Illinois Tool Works Inc. 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 26,436 | $3.34 billion | $74.1 million | $283.0 million |
| 2020 | 26,065 | $3.63 billion | $74.8 million | $325.8 million |
| 2021 | 25,460 | $3.93 billion | $79.7 million | $353.5 million |
| 2022 | 26,846 | $3.69 billion | $98.0 million | $346.7 million |
| 2023 | 28,507 | $4.06 billion | $100.4 million | $426.0 million |
| 2024 | 27,772 | $4.19 billion | $101.0 million | $510.3 million |
Illinois Tool Works Inc. 401(k) Contact Information
Questions about the Illinois Tool Works Inc. 401(k)
Does Illinois Tool Works Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $101.0 million, 39% of all contributions.
Does the Illinois Tool Works Inc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Illinois Tool Works Inc 401(k) plan?
27,772 participants at the start of plan year 2024, 15,573 of them active employees, and 9,421 former employees who still had money in the plan.
What is the average 401(k) balance at Illinois Tool Works Inc?
About $154,961 per account: $4.19 billion in plan assets across 27,064 accounts with a balance at the end of plan year 2024.
Who manages the Illinois Tool Works Inc 401(k) accounts?
Empower (listed on the filing as GREAT-WEST TRUST COMPANY, LLC) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Illinois Tool Works Inc. How do I access my 401(k)?
Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.