Pentair 401(k) Plan

The Pentair Inc Retirement Savings and Stock Incentive Plan is a 401(k) plan with an employee stock ownership plan (ESOP) component covering 6,954 participants as of year-end 2024, with total plan assets of approximately $909.7 million. Fidelity Investments Institutional serves as the recordkeeper and Fidelity Management Trust Company is the trustee. The plan offers a Vanguard target date series, a mix of index and actively managed common collective trusts and mutual funds, a Fidelity stable value option, and Pentair plc common stock. New employees are automatically enrolled at 5% of eligible pay with 1% annual escalation up to 10%.

Participants: 7,443 Plan assets: $909,724,109 Plan number: 002 Form 5500 plan year: 2024 Last verified: Jun 10, 2026 View Form 5500
Match
5% Match
Vesting
Employee pre-tax, after-tax, and Roth contributions are immediately 100% vested; employer matching contributions generally vest at 100% after 12 months of service.
Investment Options
27 funds
Auto-Enrollment
New employees are automatically enrolled at a 5% deferral rate with automatic annual 1% increases up to a 10% deferral rate; employees may opt out at any time.
Plan Size
$909,724,109

By Zac Murphy, CFA charterholder and CFP professional. Published June 10, 2026. Verified against Form 5500 plan year 2024.

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Fund lineup

Fund Asset Class Type
Vanguard Target Retirement Income Fund Target-date Index
Vanguard Target Retirement 2020 Fund Target-date Index
Vanguard Target Retirement 2025 Fund Target-date Index
Vanguard Target Retirement 2030 Fund Target-date Index
Vanguard Target Retirement 2035 Fund Target-date Index
Vanguard Target Retirement 2040 Fund Target-date Index
Vanguard Target Retirement 2045 Fund Target-date Index
Vanguard Target Retirement 2050 Fund Target-date Index
Vanguard Target Retirement 2055 Fund Target-date Index
Vanguard Target Retirement 2060 Fund Target-date Index
Vanguard Target Retirement 2065 Fund Target-date Index
Vanguard Target Retirement 2070 Fund Target-date Index
Fidelity Growth Company US Large Cap Active
RT L&G Russell 3000 US Large Cap Index
RT L&G MSCI EAFE A International Equity Index
BlackRock Total Return US Bonds Active
Loomis Small Cap Growth US Small Cap Active
State Street Real Asset Non-Lending Series Fund Class C Real Estate Active
Oakmark Fund US Large Cap Active
Dodge & Cox International Stock International Equity Active
Fidelity US Bond Index US Bonds Index
Victory Integrity Small Cap Value Fund R6 US Small Cap Active
Vanguard International Growth Fund Adm International Equity Active
Vanguard Federal Money Market Money Market Active
Vanguard Cash Reserves Federal Money Market Money Market Active
Pentair plc Common Stock Company Stock Other
Fidelity Managed Income Portfolio II Cl 4 Stable Value Other

Why our allocations use only index funds

The actively managed funds in this plan cost more per year than the plan's index funds, which run roughly 0.02% to 0.06%. Decades of research on long-term active fund performance do not support reliable outperformance net of fees, which is why the allocation ideas below may consider using only the low-cost index options.

Employer match

Match summary
100% match on the first 5% of eligible pay
Match cap 100% of pay
Effective match rate 5%
Vesting Employee pre-tax, after-tax, and Roth contributions are immediately 100% vested; employer matching contributions generally vest at 100% after 12 months of service.
Waiting period Eligible to participate as of date of hire, provided the employee is at least age 18.
$
Contribute this much to capture the full match
100% of your eligible pay, every paycheck.

100% match on the first 5% of eligible pay Contributing less than 100% of your eligible pay leaves part of Pentair's match unclaimed.

What the match is worth at your pay After 1 year of service, contributing 100%
Annual pay Your contribution Employer match Total to 401(k)

Estimates assume a constant salary and the match formula shown above. Your actual match depends on your plan's exact terms.

The cost of contributing only --%

On a $60,000 salary, contributing just half the match threshold would leave about -- in employer match unclaimed each year. Invested over 20 years at a hypothetical 7% annual return, that forgone match could have grown to roughly -- (a hypothetical illustration, not a projection). The match is the highest-return contribution you will make all year.

Sources

  • Plan metadata (employer, participants, assets, plan year): Form 5500 annual return/report, plan year 2024 -- view filing
  • Summary Plan Description (SPD) and fee disclosure (404a-5), where available from the plan administrator.

This page is for educational purposes only and does not constitute investment, tax, or legal advice, nor a recommendation to buy or sell any security. Information is drawn from public Form 5500 filings and plan documents and may be incomplete or out of date. You may consider consulting a qualified professional and confirming all details with your plan administrator before making decisions. Waterfall Planning is not affiliated with Pentair.

Find your risk profile

Answer 13 questions to see which allocation fits your situation.

Question 1 of 13

Risk assessment methodology based on Grable, J. E., & Lytton, R. H. (1999). Financial risk tolerance revisited: The development of a risk assessment instrument. Financial Services Review, 8, 163-181.

Allocation ideas

Five sample mixes built from this plan's funds, from conservative to growth. Take the assessment above to see which one fits your risk profile.

Recommended for you (based on your risk profile)
Conservative
Conservative

Capital preservation with minimal market exposure, built from bonds and stable value.

US equity   International   Bonds   Stable value
Fidelity US Bond Index 70%
Vanguard Federal Money Market 30%
0% stocks / 100% bonds
Recommended for you (based on your risk profile)
Income & A Little Growth
Income & A Little Growth

Mostly bonds with a small stock sleeve for modest growth.

US equity   International   Bonds   Stable value
Fidelity US Bond Index 49%
Vanguard Federal Money Market 21%
RT L&G Russell 3000 19%
RT L&G MSCI EAFE A 8%
Loomis Small Cap Growth 3%
30% stocks / 70% bonds
Recommended for you (based on your risk profile)
Balanced
Balanced

A classic 60/40 split of stocks and bonds.

US equity   International   Bonds   Stable value
RT L&G Russell 3000 39%
Fidelity US Bond Index 28%
RT L&G MSCI EAFE A 15%
Vanguard Federal Money Market 12%
Loomis Small Cap Growth 6%
60% stocks / 40% bonds
Recommended for you (based on your risk profile)
Growth & Income
Growth & Income

Stock-heavy with a bond cushion for a long horizon.

US equity   International   Bonds   Stable value
RT L&G Russell 3000 52%
RT L&G MSCI EAFE A 20%
Fidelity US Bond Index 14%
Loomis Small Cap Growth 8%
Vanguard Federal Money Market 6%
80% stocks / 20% bonds
Recommended for you (based on your risk profile)
Growth
Growth

All stocks for maximum long-term growth potential, with higher short-term volatility.

US equity   International   Bonds   Stable value
RT L&G Russell 3000 65%
RT L&G MSCI EAFE A 25%
Loomis Small Cap Growth 10%
100% stocks / 0% bonds
Stay on track

Get a plain-English breakdown of your plan

Occasional, no-jargon guidance on getting the most from your workplace retirement plan.

  • What your match is really worth
  • How to keep costs low with index funds
  • Plan updates when your filing changes

We send only what's useful. No advisor pitches, no data sales.

These allocation ideas are educational illustrations built from this plan's available funds and a standard risk-tolerance assessment. They are not personalized investment advice or a recommendation, and risk tolerance is only one factor in an investment decision. You may consider consulting a qualified professional before making changes to your account.