Plan Snapshot
- Plan Sponsor: Caterpillar INC.
- Sponsor EIN: 370602744
- Sponsor Address: 5205 N. O'CONNOR BOULEVARD, IRVING, TX, 75039
- Plan Type: 401(k)
- Total Participants: 6,852
- Total Assets: $748.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 6,852 | $748.9M | $17.5M | $20.5M |
| 2023 | 7,176 | $678.5M | $24.3M | $21.7M |
| 2022 | 7,079 | $578.1M | $13.9M | $18.4M |
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 |
|---|---|---|---|---|
| ALIGHT FINANCIAL ADVISORS, LLC | NONE | $233,378 | — | $233,378 |
| ALIGHT SOLUTIONS LLC | NONE | $208,106 | — | $208,106 |
| STRATEGIC BENEFIT ADVISORS | NONE | $187,733 | — | $187,733 |
| PRICEWATERHOUSECOOPERS LLP | NONE | $58,764 | — | $58,764 |
| NORTHERN TRUST COMPANY | TRUSTEE | $50,149 | — | $50,149 |
| PERSHING LLC | NONE | — | $46,404 | $46,404 |
| CATERPILLAR INC | NONE | $16,636 | — | $16,636 |
| RUSSELL INVESTMENTS | NONE | $6,642 | — | $6,642 |
| ALIGHT FINANCIAL SOLUTIONS, LLC | NONE | — | $5,774 | $5,774 |
| MERCER | NONE | $5,051 | — | $5,051 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT FINANCIAL ADVISORS, LLC — NONE
- ALIGHT SOLUTIONS LLC — NONE
- PRICEWATERHOUSECOOPERS LLP — NONE
- PERSHING LLC — NONE
- RUSSELL INVESTMENTS — NONE
- ALIGHT FINANCIAL SOLUTIONS, LLC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $818,637
- Estimated Expense Ratio: 0.109% 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 | $769,084 | $240,020 | $187,733 | $58,764 | — |
| 2023 | $719,811 | $216,009 | $190,275 | $49,403 | — |
| 2022 | $736,863 | $344,815 | $133,119 | — | $258,929 |