Indiana › Manufacturing › 500 to 999 participants
Form 5500 statement · plan year 1 Jan 2025 to 31 Dec 2025
Cummins Retirement and Savings Plan for Certain Collectively Bargained Employees
Sponsored by Cummins Inc., Columbus, IN
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Cummins Retirement and Savings Plan for Certain Collectively Bargained Employees is an ESOP with a 401(k) feature sponsored by Cummins Inc. of Columbus, Indiana. For the plan year ending 31 Dec 2025 it reported 657 participants, 294 of them active, and net assets of $112M.
Net assets came to $126,262 per participant in plan year 2024, well above the $46,267 median for defined contribution plans with 500 to 999 participants and well above the $62,303 median for defined contribution plans in manufacturing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $46K during the year, or $156 per active participant against a same-size median of $1,934; participants contributed $2.3M and $8,237 arrived as rollovers and other contributions. Benefits paid out totalled $17.2M.
The filing reports no service provider compensation on Schedule C. That is common where fees are paid by the employer or taken from investment returns, neither of which appears there. Administrative expenses charged to the plan were $0.
Across the filings on record, net assets went from $234M in 2009 to $112M in 2025 (down 52%), and participants from 4,223 to 657 (down 84%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure, plan year 2024 | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $126,262 | $46,267 | $62,303 | $53,102 |
| Employer contributions per active participant | $1,487 | $1,934 | $2,187 | $2,175 |
| Schedule C compensation per participant | — | $113 | $136 | $123 |
| Schedule C compensation, share of net assets | — | 0.25% | 0.24% | 0.26% |
| Administrative expenses per participant | — | $109 | $131 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 500 to 999 participants (10,588 plans), manufacturing (11,377) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2025 | 657 | $112M | $171,222 | $46K | $2.3M | $0 |
| 2024 | 916 | $116M | $126,262 | $833K | $2.8M | $0 |
| 2023 | 1,033 | $117M | $113,622 | $234K | $2.6M | $0 |
| 2022 | 826 | $121M | $147,044 | $282K | $2.7M | $0 |
| 2021 | 939 | $151M | $160,852 | $413K | $3.1M | $0 |
| 2020 | 1,012 | $150M | $148,386 | $419K | $3.2M | $0 |
| 2019 | 1,096 | $150M | $137,298 | $513K | $3.9M | $0 |
| 2018 | 1,304 | $148M | $113,586 | $755K | $4.7M | $0 |
| 2017 | 1,436 | $178M | $124,276 | $1.2M | $4.9M | $0 |
| 2016 | 3,008 | $255M | $84,859 | $4.6M | $10.3M | $0 |
| 2015 | 4,650 | $281M | $60,388 | $5.7M | $14.9M | $0 |
| 2014 | 3,953 | $289M | $73,043 | $5.1M | $13.1M | $0 |
| 2013 | 4,091 | $281M | $68,616 | $4.6M | $12.3M | $0 |
| 2012 | 4,019 | $258M | $64,278 | $4.4M | $11.7M | $0 |
| 2011 | 4,116 | $243M | $59,107 | $3.7M | $10.4M | $0 |
| 2010 | 4,018 | $247M | $61,400 | $3.1M | $9.4M | $0 |
| 2009 | 4,223 | $234M | $55,371 | $2.8M | $8.3M | $0 |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$115,656,140
- Employer contributions$45,847
- Participant contributions$2,270,159
- Rollovers and other contributions$8,237
- Total contributions$2,324,243
- Total income, including investment results$16,265,589
- Benefits paid$17,208,922
- Administrative expenses$0
- Total expenses$17,273,295
- Net income−$1,007,706
- Net transfers−$2,155,928
- Net assets, end of year$112,492,506
Participants
- Active participants294
- Retired or separated, receiving benefits25
- Retired or separated, entitled to future benefits282
- Participants with account balances644
- Total participants, end of year657
Fees and service providers
No service provider organisations are listed on Schedule C for this plan year.
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Master trust investment accounts$112M · 99.2%
- Participant loans$851K · 0.8%
- Receivables$111 · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmBlue & Co., LLC
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $20,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2EProfit-sharing plan2FERISA section 404(c) plan2GTotal participant-directed account plan2JCode section 401(k) feature2KCode section 401(m) arrangement2OESOP other than a leveraged ESOP2S401(k) plan or 403(b) plan that provides for automatic enrollment2TTotal or partial participant-directed account plan with a default investment account3FPlan sponsor(s) received services of leased employees3HPlan sponsor(s) is (are) a member(s) of a controlled group
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 333610: Engine, Turbine & Power Transmission Equipment Mfg.
Other plans of Cummins Inc.
| Plan | Participants | Net assets |
|---|---|---|
| Cummins Pension Plan | 44,593 | $3.20B |
| Cummins Retirement and Savings Plan | 37,997 | $7.49B |
Similar plans in Indiana
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| PK U.S.A. 401(k) Plan | PK U.S.A. Inc. | 661 | $20.7M | $31,347 |
| Am General Hourly Capital Accumulation Plan | Am General LLC | 641 | $42.1M | $65,696 |
| Doxim 401(k) Plan | Doxim, Inc. | 663 | $29.7M | $44,815 |
| Kem Krest Profit Sharing & Retirement Plan | Kem Krest Corporation | 640 | $32.2M | $50,297 |
| Telamon Corporation 401(k) Plan | Telamon Corporation | 663 | $53.9M | $81,276 |
| Modern Forge Companies Employee Retirement Benefit Plan | Modern Forge Services, LLC | 639 | $70.4M | $110,169 |
Defined contribution plans in manufacturing closest in size.
Questions and answers
How big is Cummins Retirement and Savings Plan for Certain Collectively Bargained Employees?
657 participants at the end of the plan year ending 31 Dec 2025, of whom 294 were active employees, with net assets of $112,492,506. Among defined contribution plans that places it in the 500 to 999 participants band, which held 10,588 plans in plan year 2024.
What does Cummins Inc. contribute per participant?
The filing reports $45,847 in employer contributions for the year, which is $156 per active participant; the median for plans of the same type and size was $1,934 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports no provider compensation for the year. Administrative expenses on Schedule H were $0. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Cummins Inc.. The financial statements were audited by Blue & Co., LLC. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2025 to 31 Dec 2025, received by the Department of Labor on 14 Jul 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 35-0257090, plan 030, received 14 Jul 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.