Overview

Plan Rating

BrightScope Rating
86
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (42)
Average in Peer Group (79)
Highest in Peer Group (88)

Plan Description

Caterpillar 401k Retirement Plan is a defined contribution plan with a 401k feature and ESOP component. This plan has a BrightScope Rating of 86, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. Caterpillar 401k Retirement Plan currently has over 11,000 active participants and over $3.0B in plan assets.

Did you know?

For the average 401k participant, the 2 point difference between this plan's BrightScope Rating (86) and the top rated plan (88) could equate to:
1
Additional years of work
53,264
Lost 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. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 510 Lake Cook Rd
  • Location
    Deerfield , IL
  • 60015
  • Industry
    Manufacturing
  • Net Plan Assets
    $2,980,000,000
  • Total Participants
    11,000
  • Avg Account Balance
    $270,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

Participation Rate:
Above Average
Salary Deferrals:
Great
Account Balance:
Great

Design

Total Plan Cost:
Low Fees
Company Generosity:
Great

Performance

Participation Rate:
Above Average
Salary Deferrals:
Above Average
Account Balance:
Great

Peer Group Plans

Company Rating
Nxp USA 86.7
General Dynamics 83.6
Ball 82.7
Xerox 79.2
Cummins 79.0
Illinois Tool Works 77.0

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

22

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Caterpillar Inc. Common Stock 20%
N/A
Northern Trust Russell 1000 Value Index 20%
N/A
Total Common Stocks 17%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Investment Adviser
Alight Financial Advisors, LLC
Recordkeeper
Alight Financial Solutions, LLC
Administration
Strategic Benefits Advisors
Consultant
Strategic Benefits Advisors
Corporate Trustee
Northern Trust
Auditor
PricewaterhouseCoopers LLP

Articles and Questions

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Why Do Investment Expenses Matter?
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