THE SHERWIN-WILLIAMS COMPANY 401(K) PLAN

The Sherwin-Williams Company 401(k) Plan covers approximately 63,000 participants and held $10.6 billion in assets as of plan year 2024. The plan offers a typical menu of index funds, target-date funds, and active options, with company stock and stable value among the choices. Note: Sherwin-Williams suspended employer matching contributions as of October 2025. Historically the plan matched 50% on the first 6% of eligible pay. Restoration timing has not been announced.

Participants: 63,424 Plan assets: $10,563,559,628 Plan number: 001 Form 5500 plan year: 2024 Last verified: May 24, 2026 View Form 5500
Employer match
Employer match suspended as of October 2025. Historically: 50% match on the first 6% of eligible pay. Restoration timing has not been announced.
Investment options
33
funds in the lineup
Auto-enrollment
3% default contribution with annual 1% auto-escalation up to 10% maximum; default investment is age-appropriate T. Rowe Price target-date retirement fund

By Zac Murphy, CFA charterholder and CFP professional. Published May 24, 2026. Verified against Form 5500 plan year 2024.

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Answer 13 quick questions to find your risk profile and see which of five sample allocations fits.

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Fund lineup

Fund Asset Class Type
Sherwin-Williams Company Stock Fund Company Stock Other
Vanguard FTSE All-World ex-US Index Fund Institutional Plus Shares International Equity Index
Virtus Ceredex Large-Cap Value Equity Fund US Large Cap Active
Fidelity Puritan Fund Other Active
Vanguard Wellington Fund Admiral Shares Other Active
Fidelity International Capital Appreciation Fund International Equity Active
Vanguard Wellesley Income Fund Admiral Shares Other Active
Fidelity Limited Term Government Fund US Bonds Active
Vanguard Inflation-Protected Securities Fund Institutional Shares US Bonds Active
PIMCO Low Duration Fund Institutional Class US Bonds Active
PIMCO All Asset Institutional Fund Other Active
Fidelity Contrafund Commingled Pool US Large Cap Active
Vanguard Institutional 500 Index Trust US Large Cap Index
T. Rowe Price Retirement 2030 Trust Target-date Active
T. Rowe Price Retirement 2035 Trust Target-date Active
T. Rowe Price Retirement 2040 Trust Target-date Active
T. Rowe Price Retirement 2050 Trust Target-date Active
T. Rowe Price Retirement 2045 Trust Target-date Active
T. Rowe Price Retirement 2055 Trust Target-date Active
T. Rowe Price Retirement 2025 Trust Target-date Active
T. Rowe Price Retirement 2060 Trust Target-date Active
Managed Income Portfolio II Class 3 Stable Value Other
WTC-CIF II Small Cap Opportunities Portfolio US Small Cap Active
Fidelity Mid-Cap Stock Commingled Pool US Mid Cap Active
Vanguard Institutional Total Bond Market Index Trust US Bonds Index
Invesco Core Plus Fixed Income Fund US Bonds Active
T. Rowe Price Retirement 2020 Trust Target-date Active
Fidelity Low-Priced Stock Commingled Pool US Mid Cap Active
T. Rowe Price Retirement 2065 Trust Target-date Active
T. Rowe Price Retirement 2015 Trust Target-date Active
T. Rowe Price Retirement 2005 Trust Target-date Active
T. Rowe Price Retirement 2010 Trust Target-date Active
Fidelity Money Market Government Portfolio Money Market 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
Employer match suspended as of October 2025. Historically: 50% match on the first 6% of eligible pay. Restoration timing has not been announced.
Match cap --
Effective match rate --
Vesting Immediate for participants hired before January 1, 2017; three-year cliff vesting for participants hired or rehired on or after January 1, 2017
Waiting period 1 year of service for match eligibility

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 The Sherwin-Williams Company.

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
Vanguard Institutional Total Bond Market Index Trust 70%
Managed Income Portfolio II Class 3 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
Vanguard Institutional Total Bond Market Index Trust 49%
Managed Income Portfolio II Class 3 21%
Vanguard Institutional 500 Index Trust 19%
Vanguard FTSE All-World ex-US Index Fund Institutional Plus Shares 8%
WTC-CIF II Small Cap Opportunities Portfolio 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
Vanguard Institutional 500 Index Trust 39%
Vanguard Institutional Total Bond Market Index Trust 28%
Vanguard FTSE All-World ex-US Index Fund Institutional Plus Shares 15%
Managed Income Portfolio II Class 3 12%
WTC-CIF II Small Cap Opportunities Portfolio 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
Vanguard Institutional 500 Index Trust 52%
Vanguard FTSE All-World ex-US Index Fund Institutional Plus Shares 20%
Vanguard Institutional Total Bond Market Index Trust 14%
WTC-CIF II Small Cap Opportunities Portfolio 8%
Managed Income Portfolio II Class 3 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
Vanguard Institutional 500 Index Trust 65%
Vanguard FTSE All-World ex-US Index Fund Institutional Plus Shares 25%
WTC-CIF II Small Cap Opportunities Portfolio 10%
100% stocks / 0% bonds
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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.