Plan Snapshot
- Plan Sponsor: Cummins INC.
- Sponsor EIN: 350257090
- Sponsor Address: 500 JACKSON STREET, MAIL CODE 60128, COLUMBUS, IN, 47201
- Plan Type: DB
- Total Participants: 28,798
- Total Assets: $3.2B
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 | 28,798 | $3.2B | $0 | $38,751 |
| 2023 | 30,640 | $3.3B | $0 | $42,145 |
| 2022 | 26,560 | $3.2B | $25.0M | $51,424 |
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 |
|---|---|---|---|---|
| BLUE & CO LLC | Auditor | $122,400 | — | $122,400 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BLUE & CO LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $122,400
- Estimated Expense Ratio: 0.004% 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 | $14,135,906 | $3,717,469 | $3,412,590 | $122,400 | — |
| 2023 | $13,083,755 | $3,558,351 | $3,018,882 | $112,500 | — |
| 2022 | $12,622,425 | $3,147,690 | $2,786,983 | — | $2,921,620 |