Defined Benefit (Pension) · DOL Form 5500 · 2023
Cummins Inc. Pension Plan
Data updated 2026-08-25
- $3.3B
- Total assets Very large vs avg
- 26,560
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $125,044
- Avg per participant Near avg balance/head
Official DOL plan name: Cummins Pension Plan · Sponsored by Cummins Inc. · Indiana · Manufacturing
$3.3B in assets, 26,560 participants
Cummins Inc.'s Cummins Pension Plan reported $3.3B in total assets and 26,560 participants in its 2023 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.
- #18,563 in Manufacturing (18,722 peers)
Coverage in Indiana
Cummins Pension Plan covers 26,560 participants in Indiana, 49x the typical Indiana plan (state average ~541 per filing). Assets: $3.3B.
- #18,563
- in Manufacturing (18,722 peers)
- +2.9%
- assets growth YoY
- 33×
- vs typical plan assets (national mean)
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 2023 · DOL Form 5500
$3,321,162,584 Highest reported value at or above every one 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
Cummins Pension Plan's mega-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cummins Pension Plan is a mega filing (26,560 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Cummins Pension Plan reported net income rose from -$337M in the plan year 2022 filing to $52M in the plan year 2023 filing.
- Cummins Pension Plan reported participants rose from 24,119 in the plan year 2022 filing to 26,560 in the plan year 2023 filing.
- Cummins Pension Plan end-of-year assets rose from $3.2B in the plan year 2022 filing to $3.3B in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 350257090 · Cummins Inc. PY 2023 · Defined Benefit (Pension)
Cummins Pension Plan · $3.3B · 26,560 · 100th
- PART $3.3B
- PART 26,560
- PART 100th
- PART Defined Benefit (Pension)
- PART near California Ironworkers Field Pension Trust
- PART ind #18563
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
Indiana filing particulars
| Total Assets (Beginning of Year) | $3.2B |
|---|---|
| Net Assets (End of Year) | $3.3B |
| Net Income | $52M |
| Employer EIN | 350257090 |
| Plan Effective Date | 1951-01-01 |
| Filing Status | FILING 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
| 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.
- The Lilly Retirement Plan $11.7B · 19,111
- Indiana Laborers Pension Fund $1.7B · 10,800
- Elevance Health Cash Balance Plan a $1.3B · 8,197
- Nisource Pension Plan $1.1B · 2,174
- National Basketball Association Players' Pension Plan $610M · 435
Scale composition for Cummins Pension Plan
Cummins Pension Plan reports $3.3B in end-of-year assets across 26,560 participants (0.027% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.028% of 93,925,755 covered participants) - about $125,044 per participant (90% of the national average assets-per-participant) . Net income for plan year 2023 was $52M.
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 | Open filing |
| 2023 | 26,560 | $3.3B | This page |
| 2024 · index core | 30,640 | $3.2B | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Cummins Retirement and Savings Plan (401(k), $6.4B, 30,272 participants)
- Cummins Pension Plan (Defined Benefit (Pension), $3.2B, 30,640 participants)
- Cummins Retirement and Savings Plan for Certain Collectively Bargained Employees (401(k), $116M, 659 participants)
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 California Ironworkers Field Pension Trust in CA ($3.3B); by covered participants it is Ford Motor Company UAW Retirement Plan in MI (26,442 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($3.3B here).
- California Ironworkers Field Pension Trust (CA) $3.3B · 10,048
- American International Group Inc Retirement Plan (NY) $3.3B · 4,176
- Construction Laborers Pension Trust Fund for Southern California (CA) $3.3B · 23,365
- The Northwestern Mutual Employee Retirement Plan (WI) $3.3B · 8,348
Similar participant headcount
Nearest other-state filings by covered participants (26,560 participants); asset peers above are excluded.
- Ford Motor Company UAW Retirement Plan (MI) 26,442 · 118 off
- National Elevator Industry Pension Plan (PA) 27,434 · 874 off
- Disney Associated Companies' Retirement Plan (CA) 25,656 · 904 off
- Pacific Gas and Electric Company Retirement Plan (CA) 25,647 · 913 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.