401(k) · DOL Form 5500 · 2022

Cummins Inc. 401(k) Plan

Data updated 2026-08-25

$4.4B
Total assets Very large vs avg
23,710
Participants Very large workforce
100th
Percentile by assets National rank
$185,018
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Cummins Retirement and Savings Plan · Sponsored by Cummins Inc. · Indiana · Manufacturing

$4.4B in assets, 23,710 participants

Cummins Inc.'s Cummins Retirement and Savings Plan reported $4.4B in total assets and 23,710 participants in its 2022 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #20,495 in Manufacturing (20,602 peers)

Coverage in Indiana

Cummins Retirement and Savings Plan covers 23,710 participants in Indiana, 44x the typical Indiana plan (state average ~541 per filing). Assets: $4.4B.

#20,495
in Manufacturing (20,602 peers)
-12.8%
assets change YoY
44×
vs typical plan assets (national mean)

The plan reported a net loss of $643M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Cummins Retirement and Savings Plan's outsized position by total assets

Cummins Retirement and Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$4,386,787,904 Highest reported value at or above every one of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Cummins Retirement and Savings Plan's mega-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cummins Retirement and Savings Plan is a mega filing (23,710 participants), the rightmost band on the breakdown.

EBSA filing schedule strip

Filing strip 350257090 · Cummins Inc. PY 2022 · 401(k)

Cummins Retirement and Savings Plan · $4.4B · 23,710 · 100th

  • PCT $4.4B
  • PCT 23,710
  • PCT 100th
  • PCT 401(k)
  • PCT near Fiserv 401(k) Savings Plan
  • PCT ind #20495

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Indiana →

Cummins Retirement and Savings Plan in the asset neighbourhood

Sony USA 401(k) Plan$4.5BEnterprise Holdings Retirement Savings PlanEnterprise Holdings Retireme…$4.5BCummins Retirement and Savings PlanCummins Retirement and Savin…$4.4BFiserv 401(k) Savings Plan$4.3BScience Applications International Corporation Retirement PlanScience Applications Interna…$4.3B
End-of-year total assets ($B) among Cummins Retirement and Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Indiana filing particulars

Total Assets (Beginning of Year)$5.0B
Net Assets (End of Year)$4.4B
Net Income-$643M
Employer EIN350257090
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cummins Inc.)

Sponsor-wide plan assets over time

All Cummins Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9.7B 25.4811817356577% vs 2022
2024 filing year
$7B$8B$9B$10B 202220232024 $7.74B $9.71B ▲ +25.5%
Year Plans Participants Total Assets
2022 3 48,345 $7.7B
2023 3 55,603 $9.2B
2024 3 61,571 $9.7B

Nearby 401(k) Plans in Indiana

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Cummins Retirement and Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 0246810 Total assets ($B) Participants Cummins Retirement and Savings Plan, Total assets ($B): 4.386787904 · Participants: 23710Cummins Retirement and Savings PlanElevance Health 401(k) Plan, Total assets ($B): 9.467911456 · Participants: 71898Elevance Health 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 8.875255354 · Participants: 15607The Lilly Employee 401(k) PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.245347601 · Participants: 39243Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.020286876 · Participants: 8632Steel Dynamics, Inc. Profit Sharing and Retirement Savings PlanNisource Inc Retirement Savings Plan, Total assets ($B): 1.510967477 · Participants: 7561Nisource Inc Retirement Savings Plan
Cummins Retirement and Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

Scale composition for Cummins Retirement and Savings Plan

Cummins Retirement and Savings Plan reports $4.4B in end-of-year assets across 23,710 participants (0.036% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.025% of 93,925,755 covered participants) - about $185,018 per participant (1.3x the national average assets-per-participant) . Net income for plan year 2022 was -$643M.

This plan identity (EIN 350257090, plan #020) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $4.4B to $6.4B (+45.1%) while covered participants moved from 23,710 to 30,272 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 23,710 $4.4B This page
2023 28,381 $5.7B Open filing
2024 · index core 30,272 $6.4B Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Cummins Retirement and Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Fiserv 401(k) Savings Plan in WI ($4.3B); by covered participants it is The Interpublic Group of Companies, Inc. Savings Plan in NY (23,759 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4.4B here).

Similar participant headcount

Nearest other-state filings by covered participants (23,710 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Cummins Retirement and Savings Plan assets move in 2022?
Cummins Retirement and Savings Plan pulled back noticeably - down 12.8% during 2022, from $5.0B to $4.4B. Reported net income was -$643M.
How have Cummins Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Cummins Inc.'s sponsor-wide assets grew 25.5%, from $7.7B to $9.7B.
Where does Cummins Retirement and Savings Plan rank by assets among Form 5500 filers?
Cummins Retirement and Savings Plan ranks in the 100th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Cummins Retirement and Savings Plan?
Among 401(k) plans in other states, the closest by assets is Fiserv 401(k) Savings Plan in WI ($4.3B, 26,610 participants).
Which 401(k) plans cover a similar participant headcount to Cummins Retirement and Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is The Interpublic Group of Companies, Inc. Savings Plan in NY (23,759 participants, $3.1B in assets).