Retirement plan

RETIREMENT PLAN FOR EMPLOYEES OF PROGRESS METAL RECLAMATION CO. D/B/A MANSBACH METAL CO.

CATERPILLAR INC.EIN 37-0602744Plan #009PY 2020
510 LAKE COOK ROAD - DEERFIELD, IL 60015224-551-4000caterpillar.comLinkedIn10001+ employeesmachinery
Prospect flagsWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(224) 551-4000
Plan administrator entity
CATERPILLAR INC. CHIEF HUMAN RESOURCES OFFICER, HUMAN RESOURCES
EIN 370602744

Summary metrics

Total assets (EOY)
$3.7M
-18.3% from 2019
Total participants
109
-1.2% from 2019
Average account balance
$0
No prior year
Annual return
4.16%
-24.63 pp from 2019

Benchmarks

Peer group
Industry33 - Manufacturing
Plan typeDefined benefit
Participants<25
Cohort1,567 peers
Snapshot2020
Participant deferral / active EE
$0
median $0
Employer contribution / active EE
$0
median $15,733
Participation rate
0.0%
median 0.0%
Avg account balance
$0
median $71,036
Admin fee / account holder
$0
median $71
Annual return
4.16%
median 7.56%
Overall peer rank
33rd percentileavg across 6 metrics

Analytics

2018 - 2021
Total assets (EOY)
Plan-year ending balance
$0
Average account balance
Total assets / participants with a balance (line 6g)
$34K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
83
Not enough data
2 years with headcount on file
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
$350K
Not enough data
1 years with contributions on file
Contributions per participant
Average employer and participant contribution per enrolled participant
$175K
Not enough data
1 years with per-participant contribution data
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
-5.00%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
Not enough data
2 years with F_SCH_H allocation on file

Service providers

Providers data not reported
Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Top hat statement on fileNQDC

Filed November 17, 2020 (most recent of 12 filings on file)

Plans declared (1)

  • Caterpillar Inc. Section 409A Compliance Deferred Compensation Plan1 emp

Plan features & details

Pension benefit codes1B1I3H
Plan features
  • 1B
    Benefits are primarily flat dollar
    Benefits are primarily a flat dollar amount (including a dollar amount per year of service).
  • 1I
    Frozen plan
    As of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped
  • InformationalWind-down / frozen

    Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II
Admin total
$1.8M
$879993 / participant
  • Other / not subdivided$2M100.0%
% of EOY assets
47.705%
all-in expense ratio
Categories reported
0 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
No opinion code on file for this filing.
Auditor firm
(not reported)
Auditor EIN
-
Audit fees
(not subdivided)
Opinion code
-