Plan Snapshot
- Plan Sponsor: Caterpillar INC.
- Sponsor EIN: 370602744
- Sponsor Address: 5205 N. O'CONNOR BOULEVARD, IRVING, TX, 75039
- Plan Type: 401(k)
- Plan Number: 035
- Total Participants: 59,937
- Total Assets: $23.1B
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. |
|---|---|---|---|---|
| 2025 | 59,937 | $23.1B | $0 | $0 |
| 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 | Other Service Provider | $5,310,256 | — | $5,310,256 |
| ALIGHT SOLUTIONS LLC | Other Service Provider | $1,189,560 | — | $1,189,560 |
| PERSHING LLC | Other Service Provider | — | $1,070,313 | $1,070,313 |
| NORTHERN TRUST COMPANY | Custodian / Trustee | $792,250 | — | $792,250 |
| STRATEGIC BENEFIT ADVISORS | Other Service Provider | $770,841 | — | $770,841 |
| CATERPILLAR INC | Other Service Provider | $442,187 | — | $442,187 |
| ALIGHT FINANCIAL SOLUTIONS, LLC | Other Service Provider | — | $272,835 | $272,835 |
| RUSSELL INVESTMENTS | Other Service Provider | $113,448 | — | $113,448 |
| PRICEWATERHOUSECOOPERS LLP | Other Service Provider | $112,000 | — | $112,000 |
| CEM BENCHMARKING INC | Other Service Provider | $32,771 | — | $32,771 |
| AON CONSULTING | Other Service Provider | $13,672 | — | $13,672 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,120,133
- Estimated Expense Ratio: 0.044% 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 |
|---|---|---|---|---|---|
| 2025 | $1,348,308,462 | $5,423,704 | $770,841 | $112,000 | — |
| 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 |