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Company:
Cummins Inc.
Plan:
Cummins Inc. and Affiliates Retirement and Savings Plan for Salaried and Non-Bargaining Hourly Employees
 

Cummins Inc.

79 Plan:

 
 
79
43
73
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (79) and the top rated plan (86) could equate to:
[How is this calculated?]
4 additional years of work
Up to $15,600 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Cummins Inc. and Affiliates Retirement and Savings Plan for Salaried and Non-Bargaining Hourly Employees is a defined contribution plan with a profit-sharing component, 401k feature, and leveraged ESOP component. This plan has a BrightScope Rating of 79. This plan is in the top 15% of plans for Account Balances and Total Plan Cost. Cummins Inc. and Affiliates Retirement and Savings Plan for Salaried and Non-Bargaining Hourly Employees currently has over 14,400 active participants and over $1.6B in plan assets.

 

 Retirement Plan Details

Address 500 Jackson Street, Mail Code 60128
Columbus, IN 47201 
Industry Manufacturing
Administrator Richard Harris
Net Plan Assets $1,590,000,000
Total Participants 14,000
Avg Account Balance $110,000

 Compare Other Companies in Peer Group

Cameron International 80.5
Unisys 74.3
Pitney Bowes 72.3
NCR 70.1
Dover 67.5
Precision Castparts 65.1

 Top 3 Funds in this 401k

1. Cummins Inc. Common Stock 26%
2. Vanguard Wellington 11%
3. Northern Trust S&P 500 Index 7%

  Plan Service Provider

Auditor Blue & Co. LLC

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