Defined Benefit (Pension) · DOL Form 5500 · 2022

Cummins Inc. Pension Plan

Data updated 2026-08-25

$3.2B
Total assets Very large vs avg
24,119
Participants Very large workforce
100th
Percentile by assets National rank
$133,835
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Cummins Pension Plan · Sponsored by Cummins Inc. · Indiana · Manufacturing

$3.2B in assets, 24,119 participants

Cummins Inc.'s Cummins Pension Plan reported $3.2B in total assets and 24,119 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.

  • #20,457 in Manufacturing (20,602 peers)

Coverage in Indiana

Cummins Pension Plan covers 24,119 participants in Indiana, 45x the typical Indiana plan (state average ~541 per filing). Assets: $3.2B.

#20,457
in Manufacturing (20,602 peers)
-9.4%
assets change YoY
32×
vs typical plan assets (national mean)

The plan reported a net loss of $337M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Cummins Pension Plan's outsized position by total assets

Cummins Pension Plan vs every filed plan by assets

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

$3,227,971,207 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 Pension 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 Pension Plan is a mega filing (24,119 participants), the rightmost band on the breakdown.

EBSA filing schedule strip

Filing strip 350257090 · Cummins Inc. PY 2022 · Defined Benefit (Pension)

Cummins Pension Plan · $3.2B · 24,119 · 100th

  • ASSETS $3.2B
  • ASSETS 24,119
  • ASSETS 100th
  • ASSETS Defined Benefit (Pension)
  • ASSETS near Pinnacle West Capital Corporation Retirement Plan
  • ASSETS ind #20457

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 Pension Plan in the asset neighbourhood

Carpenters Pension Trust Fund of St. LouisCarpenters Pension Trust Fun…$3.3BOperating Engineers Pension TrustOperating Engineers Pension …$3.3BCummins Pension Plan$3.2BPinnacle West Capital Corporation Retirement PlanPinnacle West Capital Corpor…$3.2BDuke Energy Retirement Cash Balance PlanDuke Energy Retirement Cash …$3.2B
End-of-year total assets ($B) among Cummins Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Indiana filing particulars

Total Assets (Beginning of Year)$3.6B
Net Assets (End of Year)$3.2B
Net Income-$337M
Employer EIN350257090
Plan Effective Date1951-01-01
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 Defined Benefit (Pension) Plans in Indiana

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Cummins Pension Plan vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants Scatter plot of 6 data points. 0100002000030000 051015 Total assets ($B) Participants Cummins Pension Plan, Total assets ($B): 3.227971207 · Participants: 24119Cummins Pension PlanThe Lilly Retirement Plan, Total assets ($B): 11.231261789 · Participants: 16878The Lilly Retirement PlanIndiana Laborers Pension Fund, Total assets ($B): 1.488495807 · Participants: 9896Indiana Laborers Pension FundElevance Health Cash Balance Plan a, Total assets ($B): 1.222287988 · Participants: 8650Elevance Health Cash Balance Plan aNisource Pension Plan, Total assets ($B): 1.05154978 · Participants: 2283Nisource Pension PlanArdagh North America Retirement Income Plan, Total assets ($B): 0.92443719 · Participants: 1298Ardagh North America Retirement Income Plan
Cummins Pension Plan vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants

Scale composition for Cummins Pension Plan

Cummins Pension Plan reports $3.2B in end-of-year assets across 24,119 participants (0.026% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.026% of 93,925,755 covered participants) - about $133,835 per participant (97% of the national average assets-per-participant) . Net income for plan year 2022 was -$337M.

This plan identity (EIN 350257090, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.2B to $3.2B (-0.1%) while covered participants moved from 24,119 to 30,640 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 24,119 $3.2B This page
2023 26,560 $3.3B Open filing
2024 · index core 30,640 $3.2B Open filing

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

Cummins Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Indiana, the nearest Defined Benefit (Pension) by assets is Pinnacle West Capital Corporation Retirement Plan in AZ ($3.2B); by covered participants it is Merck US Pension Plan in NJ (23,981 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (24,119 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 Pension Plan assets move in 2022?
Cummins Pension Plan pulled back noticeably - down 9.4% during 2022, from $3.6B to $3.2B. Reported net income was -$337M.
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 Pension Plan rank by assets among Form 5500 filers?
Cummins Pension 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 Defined Benefit (Pension) plans are similar in size to Cummins Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pinnacle West Capital Corporation Retirement Plan in AZ ($3.2B, 5,840 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Cummins Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Merck US Pension Plan in NJ (23,981 participants, $9.6B in assets).