401(k) · DOL Form 5500 · 2024
Cummins Inc. 401(k) Plan
Data updated 2026-08-25
- $6.4B
- Total assets Very large vs avg
- 30,272
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $210,306
- Avg per participant Above avg balance/head
Official DOL plan name: Cummins Retirement and Savings Plan · Sponsored by Cummins Inc. · Indiana · Manufacturing
$6.4B in assets, 30,272 participants
Cummins Inc.'s Cummins Retirement and Savings Plan reported $6.4B in total assets and 30,272 participants in its 2024 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.
- #17,679 in Manufacturing (17,777 peers)
Coverage in Indiana
Cummins Retirement and Savings Plan covers 30,272 participants in Indiana, 56x the typical Indiana plan (state average ~541 per filing). Assets: $6.4B.
- #17,679
- in Manufacturing (17,777 peers)
- +11.1%
- assets growth YoY
- 64×
- vs typical plan assets (national mean)
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 2024 · DOL Form 5500
$6,366,370,789 Highest reported value at or above every one of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Cummins Retirement and Savings Plan's mega-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Cummins Retirement and Savings Plan is a mega filing (30,272 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Cummins Retirement and Savings Plan reported net income fell from $733M in the plan year 2023 filing to $640M in the plan year 2024 filing.
- Cummins Retirement and Savings Plan end-of-year assets rose from $5.7B in the plan year 2023 filing to $6.4B in the plan year 2024 filing.
- Cummins Retirement and Savings Plan reported participants rose from 28,381 in the plan year 2023 filing to 30,272 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 350257090 · Cummins Inc. PY 2024 · 401(k)
Cummins Retirement and Savings Plan · $6.4B · 30,272 · 100th
- SCH $6.4B
- EBSA 30,272
- PART 100th
- TYPE 401(k)
- NET near Philips North America 401(k) Plan
- BOOK ind #17679
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
Indiana filing particulars
| Total Assets (Beginning of Year) | $5.7B |
|---|---|
| Net Assets (End of Year) | $6.4B |
| Net Income | $640M |
| Employer EIN | 350257090 |
| Plan Effective Date | 1992-01-01 |
| 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 401(k) Plans in Indiana
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Lilly Employee 401(k) Plan $13.1B · 19,977
- Elevance Health 401(k) Plan $12.1B · 73,120
- Iu Health 401(k) Savings Plan $4.5B · 38,460
- Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan $3.0B · 9,385
- Nisource Inc Retirement Savings Plan $2.0B · 7,619
Scale composition for Cummins Retirement and Savings Plan
Cummins Retirement and Savings Plan reports $6.4B in end-of-year assets across 30,272 participants (0.052% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.032% of 93,925,755 covered participants) - about $210,306 per participant (1.5x the national average assets-per-participant) . Net income for plan year 2024 was $640M.
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 | Open filing |
| 2023 | 28,381 | $5.7B | Open filing |
| 2024 · index core | 30,272 | $6.4B | This page |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- 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 Retirement and Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Indiana, the nearest 401(k) by assets is Philips North America 401(k) Plan in MA ($6.4B); by covered participants it is Elevator Constructors Annuity and 401(k) Retirement Plan in PA (30,239 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($6.4B here).
- Philips North America 401(k) Plan (MA) $6.4B · 18,388
- Paramount Global 401(k) Plan (Fka Viacomcbs 401(k) Plan) (NY) $6.4B · 17,755
- Jacobs 401(k) Plus Savings Plan (TX) $6.4B · 15,962
- Edison 401(k) Savings Plan (CA) $6.4B · 14,119
Similar participant headcount
Nearest other-state filings by covered participants (30,272 participants); asset peers above are excluded.
- Elevator Constructors Annuity and 401(k) Retirement Plan (PA) 30,239 · 33 off
- The Travelers 401(k) Savings Plan (MN) 30,233 · 39 off
- Love's and Affiliated Companies 401(k) Savings Plan (OK) 30,084 · 188 off
- Dillard's, Inc. Investment & Employee Stock Ownership Plan (AR) 30,070 · 202 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.