BrightScope Rating
Company:
Caterpillar Inc.
Plan:
Caterpillar 401k Plan
Caterpillar Inc.
81
Plan:
7
60
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (81) and the top rated plan (90) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $367,000 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.
Plan Description
Caterpillar 401k Plan is a defined contribution plan with a 401k feature and ESOP component. This plan has a BrightScope Rating of 81, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity, Salary Deferrals, Total Plan Cost, and Account Balances. Caterpillar 401k Plan currently has over 34,100 active participants and over $5.1B in plan assets.
Plan Details
| Address | 100 North East Adams Street Peoria, IL 61610 |
| Industry | Agriculture, Construction, & Mining Machinery Mfg |
| Administrator | Jerome W Duggan |
| Net Plan Assets | $5,150,000,000 |
| Total Participants | 40,000 |
| Avg Account Balance | $130,000 |
Top 3 Investment Holdings
| 1. | Caterpillar Inc. Common Stock | 48% |
| 2. | Self-Directed Brokerage Accounts | 3% |
| 3. | Northern Trust Russell 3000 Index | 1% |
Other Companies in Peer Group
| Cisco Systems | 83.1 |
| Motorola | 78.8 |
| Xerox | 75.0 |
| 3M Company | 72.2 |
| L-3 Communications Holdings | 71.8 |
| Ford Motor Company | 62.9 |
Plan Service Providers
| Auditor | PricewaterhouseCoopers |
| Recordkeeper | Hewitt Associates |
| Corporate Trustee | Northern Trust |
| Consultant | Ernst & Young |
| Consultant | Frank Russell Company, Inc. |
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