401(k) · DOL Form 5500 · 2023
Cummins Inc. 401(k) Plan
Data updated 2026-08-11
- $117M
- Total assets
- 662
- Participants
- 92nd
- Percentile by assets
- $177,327
- Avg per participant
Official DOL plan name: Cummins Retirement and Savings Plan for Certain Collectively Bargained Employees · Sponsored by Cummins Inc. · Indiana · Manufacturing
$117M in assets, 662 participants
Cummins Inc.'s Cummins Retirement and Savings Plan for Certain Collectively Bargained Employees reported $117M in total assets and 662 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.
- 92nd percentile by assets (of 127,072 plans)
- #16,511 in Manufacturing (18,722 peers)
Where Cummins Retirement and Savings Plan for Certain Collectively Bargained Employees sits by assets
Cummins Retirement and Savings Plan for Certain Collectively Bargained Employees sits in the top 10% of all filed plans by assets, $117M for 662 participants (~$177,327/participant), down 3.4% in 2023.
- $117M
- total plan assets (2023 EOY)
- 662
- covered participants
- 92nd
- percentile by assets (of 127,072 plans)
- $177,327
- avg assets per participant
The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Cummins Retirement and Savings Plan for Certain Collectively Bargained Employees sits by total assets
Cummins Retirement and Savings Plan for Certain Collectively Bargained Employees vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$117,390,610 Top 8% higher than 92% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Cummins Retirement and Savings Plan for Certain Collectively Bargained Employees reported net income rose from -$28M in the plan year 2022 filing to -$4M in the plan year 2023 filing.
- Cummins Retirement and Savings Plan for Certain Collectively Bargained Employees reported participants rose from 516 in the plan year 2022 filing to 662 in the plan year 2023 filing.
- Cummins Retirement and Savings Plan for Certain Collectively Bargained Employees end-of-year assets fell from $121M in the plan year 2022 filing to $117M in the plan year 2023 filing.
Cummins Retirement and Savings Plan for Certain Collectively Bargained Employees vs the 2023 asset distribution
By assets, Cummins Retirement and Savings Plan for Certain Collectively Bargained Employees outranks 92% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.2x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $121M |
|---|---|
| Net Assets (End of Year) | $117M |
| Net Income | -$4M |
| Employer EIN | 350257090 |
| Plan Effective Date | 1992-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Cummins Inc.)
| 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 for Certain Collectively Bargained Employees vs. nearby 401(k) plans in Indiana, assets vs. participants
- The Lilly Employee 401(k) Plan $11.1B · 17,583
- Elevance Health 401(k) Plan $11.0B · 76,590
- Cummins Retirement and Savings Plan $5.7B · 28,381
- Iu Health 401(k) Savings Plan $3.9B · 38,575
- Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan $2.6B · 9,015
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Cummins Retirement and Savings Plan for Certain Collectively Bargained Employees by total assets, not by location.
- Symplr 401(k) Plan and Trust (TX) $117M · 1,591
- Atricure, Inc. 401(k) Plan (OH) $117M · 941
- Dfcu Financial 401(k) Plan (MI) $117M · 505
- The Burke Group 401(k) Profit Sharing Plan (IL) $117M · 428
Frequently Asked Questions
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How have Cummins Inc. plan assets changed over time? ▼
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Scale reading
Ways to act on Cummins Retirement and Savings Plan for Certain Collectively Bargained Employees's numbers.
- By total assets, Cummins Retirement and Savings Plan for Certain Collectively Bargained Employees ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Indiana. Compare plans
- Cummins Inc.'s sponsor-wide assets have grown 25.5% since 2022 across 3 plan years on file. More Manufacturing plans