Defined Benefit (Pension) · DOL Form 5500 · 2024

Caterpillar Inc. Pension Plan

Data updated 2026-07-24

$9.2B
Total assets
11,498
Participants
100th
Percentile by assets
$799,622
Avg per participant
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Official DOL plan name: Caterpillar Inc. Retirement Income Plan · Sponsored by Caterpillar Inc. · Texas · Manufacturing

$9.2B in assets, 11,498 participants

Caterpillar Inc.'s Caterpillar Inc. Retirement Income Plan reported $9.2B in total assets and 11,498 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.

  • 100th percentile by assets (of 116,472 plans)

Coverage in Texas

Caterpillar Inc. Retirement Income Plan covers 11,498 participants in Texas, 16x the typical Texas plan (state average ~704 per filing). Assets: $9.2B.

$9.2B
total plan assets (2024 EOY)
11,498
covered participants
100th
percentile by assets (of 116,472 plans)
$799,622
avg assets per participant

The plan reported a net loss of $609M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Caterpillar Inc. Retirement Income Plan reported net income fell from $262M in the plan year 2023 filing to -$609M in the plan year 2024 filing.
  • Caterpillar Inc. Retirement Income Plan end-of-year assets fell from $9.8B in the plan year 2023 filing to $9.2B in the plan year 2024 filing.
  • Caterpillar Inc. Retirement Income Plan reported participants fell from 12,138 in the plan year 2023 filing to 11,498 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Texas filers

In Texas, the average filing covers about 704 participants across 9,718 plans. Caterpillar Inc. Retirement Income Plan reports 11,498 participants - 16x that state average ($9.2B EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$9.8B
Net Assets (End of Year)$9.2B
Net Income-$609M
Employer EIN370602744
Plan Effective Date1959-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Caterpillar Inc.)

$26B$28B$30B$32B 202220232024 $26.6B $31.2B ▲ +17.5%
Total plan assets by year, all Caterpillar Inc. plans on file
Year Plans Participants Total Assets
2022 6 59,865 $26.6B
2023 6 62,525 $29.7B
2024 6 64,709 $31.2B

Nearby Defined Benefit (Pension) Plans in Texas

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

Caterpillar Inc. Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants

Caterpillar Inc. Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000120000 0102030 Total assets ($B) Participants Caterpillar Inc. Ret…AT&T Pension Benefit…Exxonmobil Pension P…Chevron Retirement P…Shell Pension PlanBp Retirement Accumu…
Caterpillar Inc. Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Caterpillar Inc. Retirement Income Plan by total assets, not by location.

Frequently Asked Questions

How did Caterpillar Inc. Retirement Income Plan assets move in 2024?
Caterpillar Inc. Retirement Income Plan pulled back noticeably - down 6.2% during 2024, from $9.8B to $9.2B. Reported net income was -$609M.
How have Caterpillar Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Caterpillar Inc.'s sponsor-wide assets grew 17.5%, from $26.6B to $31.2B.
Where does Caterpillar Inc. Retirement Income Plan rank by assets among Form 5500 filers?
Caterpillar Inc. Retirement Income Plan ranks in the 100th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Caterpillar Inc. Retirement Income Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is UPS Pension Plan in GA ($9.3B, 157,587 participants).

Next read for Caterpillar Inc. Retirement Income Plan

Filing takeaways

Ways to act on Caterpillar Inc. Retirement Income Plan's numbers.

  • By total assets, Caterpillar Inc. Retirement Income Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Texas. Compare plans
  • Caterpillar Inc.'s sponsor-wide assets have grown 17.5% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 370602744.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.