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
PlainRetire home → About this data RSS: change history

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

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

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.

See the national 2023→2024 release diff →

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

Msi Pension Plan$3.2BCummins Pension Plan$3.2BSentara Pension Plan$3.2BBae Systems Employees' Retirement PlanBae Systems Employees' Retir…$3.2BM&t Bank Corporation Pension PlanM&t Bank Corporation Pension…$3.2B
End-of-year total assets ($B) among Cummins Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Indiana filing particulars

Total Assets (Beginning of Year)$3.3B
Net Assets (End of Year)$3.2B
Net Income-$68M
Employer EIN350257090
Plan Effective Date1951-01-01
Filing StatusFILING 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
$7B$8B$9B$10B 202220232024 $7.74B $9.71B ▲ +25.5%
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.

Cummins Pension Plan vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 051015 Total assets ($B) Participants Cummins Pension Plan, Total assets ($B): 3.225499056 · Participants: 30640Cummins Pension PlanThe Lilly Retirement Plan, Total assets ($B): 11.79293888 · Participants: 19897The Lilly Retirement PlanIndiana Laborers Pension Fund, Total assets ($B): 1.815373164 · Participants: 11039Indiana Laborers Pension FundElevance Health Cash Balance Plan a, Total assets ($B): 1.237231976 · Participants: 7552Elevance Health Cash Balance Plan aNisource Pension Plan, Total assets ($B): 1.003483487 · Participants: 2133Nisource Pension PlanNational Basketball Association Players' Pension Plan, Total assets ($B): 0.724834302 · Participants: 520National Basketball Association Players' Pension Plan
Cummins Pension Plan vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants

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 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).

Similar participant headcount

Nearest other-state filings by covered participants (30,640 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Cummins Pension Plan assets move in 2024?
Cummins Pension Plan edged down modestly - down 2.9% during 2024, from $3.3B to $3.2B. Reported net income was -$68M.
How have Cummins Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Cummins Inc.'s sponsor-wide assets grew 25.5%, from $7.7B to $9.7B.
Where does Cummins Pension Plan rank by assets among Form 5500 filers?
Cummins Pension Plan ranks in the 100th percentile by end-of-year assets among 123,622 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 Cummins Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sentara Pension Plan in VA ($3.2B, 17,156 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Cummins Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Boeing Company Employee Retirement Plan in WA (31,398 participants, $15.4B in assets).