Plan Snapshot
- Plan Sponsor: Caterpillar INC.
- Sponsor EIN: 370602744
- Sponsor Address: 5205 N. O'CONNOR BOULEVARD, IRVING, TX, 75039
- Plan Type: Health & Welfare
- Plan Number: 542
- Total Participants: 0
- Total Assets: $17.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $17.6M | $11.8M | $36.6M |
| 2023 | 0 | $74.4M | $113.8M | $34.3M |
| 2022 | 0 | $23.3M | $0 | $0 |
| 2021 | 0 | $17.7M | $0 | $0 |
| 2020 | 0 | $66.7M | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BSWIFT LLC | Other Service Provider | $3,193,724 | — | $3,193,724 |
| BLUE CROSS BLUE SHIELD OF ILLINOIS | Other Service Provider | $467,967 | — | $467,967 |
| CIGNA HEALTH AND LIFE INS CO | Other Service Provider | $219,804 | — | $219,804 |
| UNITED HEALTH CARE INS SRVCS INC | Other Service Provider | $131,952 | — | $131,952 |
| VSP | Other Service Provider | $37,196 | — | $37,196 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,050,643
- Estimated Expense Ratio: 22.996% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $4,050,643 | — | $4,050,643 | — | — |
| 2023 | $4,331,062 | — | $4,331,062 | — | — |
| 2022 | $121,328,802 | — | $1,262,886 | — | — |
| 2021 | $127,577,211 | — | $1,363,848 | — | — |
| 2020 | $131,893,133 | — | $1,367,926 | — | — |