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: 44,489
- Total Assets: $18.8B
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 | 44,489 | $18.8B | $487.0M | $455.7M |
| 2023 | 43,798 | $16.5B | $442.9M | $419.1M |
| 2022 | 41,360 | $13.8B | $405.1M | $377.4M |
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 | Recordkeeper | $4,763,101 | — | $4,763,101 |
| ALIGHT SOLUTIONS LLC | Recordkeeper | $1,436,587 | — | $1,436,587 |
| PERSHING LLC | Investment Advisor | — | $787,442 | $787,442 |
| STRATEGIC BENEFIT ADVISORS | Other Service Provider | $753,057 | — | $753,057 |
| NORTHERN TRUST COMPANY | Custodian / Trustee | $478,795 | — | $478,795 |
| CATERPILLAR INC | Other Service Provider | $407,731 | — | $407,731 |
| ALIGHT FINANCIAL SOLUTIONS, LLC | Recordkeeper | — | $266,875 | $266,875 |
| RUSSELL INVESTMENTS | Investment Advisor | $159,851 | — | $159,851 |
| PRICEWATERHOUSECOOPERS LLP | Auditor | $138,509 | — | $138,509 |
| CEM BENCHMARKING INC | Other Service Provider | $31,827 | — | $31,827 |
| MERCER | Other Service Provider | $28,571 | — | $28,571 |
| AON CONSULTING | Recordkeeper | $7,334 | — | $7,334 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT FINANCIAL ADVISORS, LLC — Recordkeeper
- ALIGHT SOLUTIONS LLC — Recordkeeper
- PERSHING LLC — Investment Advisor
- ALIGHT FINANCIAL SOLUTIONS, LLC — Recordkeeper
- RUSSELL INVESTMENTS — Investment Advisor
- PRICEWATERHOUSECOOPERS LLP — Auditor
- AON CONSULTING — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,259,680
- Estimated Expense Ratio: 0.049% 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 | $8,205,536 | $4,922,952 | $753,057 | $138,509 | — |
| 2023 | $7,438,384 | $4,308,437 | $761,546 | $96,273 | — |
| 2022 | $7,939,546 | $5,652,226 | $940,930 | — | $1,346,390 |