Defined Benefit (Pension) · DOL Form 5500 · 2024
Cummins Inc. Pension Plan
Data updated 2026-08-25
- $3.2B
- Total assets Very large vs avg
- 30,640
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $105,271
- Avg per participant Below avg balance/head
Official DOL plan name: Cummins Pension Plan · Sponsored by Cummins Inc. · Indiana · Manufacturing
$3.2B in assets, 30,640 participants
Cummins Inc.'s Cummins Pension Plan reported $3.2B in total assets and 30,640 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.
- #17,614 in Manufacturing (17,777 peers)
Coverage in Indiana
Cummins Pension Plan covers 30,640 participants in Indiana, 57x the typical Indiana plan (state average ~541 per filing). Assets: $3.2B.
- #17,614
- in Manufacturing (17,777 peers)
- -2.9%
- assets change YoY
- 32×
- vs typical plan assets (national mean)
The plan reported a net loss of $68M 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 2024 · DOL Form 5500
$3,225,499,056 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 Pension 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 Pension Plan is a mega filing (30,640 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Cummins Pension Plan reported net income fell from $52M in the plan year 2023 filing to -$68M in the plan year 2024 filing.
- Cummins Pension Plan reported participants rose from 26,560 in the plan year 2023 filing to 30,640 in the plan year 2024 filing.
- Cummins Pension Plan end-of-year assets fell from $3.3B in the plan year 2023 filing to $3.2B in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 350257090 · Cummins Inc. PY 2024 · Defined Benefit (Pension)
Cummins Pension Plan · $3.2B · 30,640 · 100th
- RANK $3.2B
- PHOTO 30,640
- IND 100th
- EOY Defined Benefit (Pension)
- 5500 near Sentara Pension Plan
- ASSETS ind #17614
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) | $3.3B |
|---|---|
| Net Assets (End of Year) | $3.2B |
| Net Income | -$68M |
| 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 $11.8B · 19,897
- Indiana Laborers Pension Fund $1.8B · 11,039
- Elevance Health Cash Balance Plan a $1.2B · 7,552
- Nisource Pension Plan $1.0B · 2,133
- National Basketball Association Players' Pension Plan $725M · 520
Scale composition for Cummins Pension Plan
Cummins Pension Plan reports $3.2B in end-of-year assets across 30,640 participants (0.026% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.033% of 93,925,755 covered participants) - about $105,271 per participant (76% of the national average assets-per-participant) . Net income for plan year 2024 was -$68M.
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 | Open filing |
| 2024 · index core | 30,640 | $3.2B | This page |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Cummins Retirement and Savings Plan (401(k), $6.4B, 30,272 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 Sentara Pension Plan in VA ($3.2B); by covered participants it is The Boeing Company Employee Retirement Plan in WA (31,398 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($3.2B here).
- Sentara Pension Plan (VA) $3.2B · 17,156
- Bae Systems Employees' Retirement Plan (VA) $3.2B · 8,058
- M&t Bank Corporation Pension Plan (NY) $3.2B · 3,825
- Msi Pension Plan (IL) $3.2B · 1,913
Similar participant headcount
Nearest other-state filings by covered participants (30,640 participants); asset peers above are excluded.
- The Boeing Company Employee Retirement Plan (WA) 31,398 · 758 off
- Usaa Pension Plan (TX) 31,427 · 787 off
- The Pension Value Plan for Employees of the Boeing Company (WA) 29,538 · 1,102 off
- Screen Actors Guild - Producers Pension Plan (CA) 31,823 · 1,183 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.