Progress Rail Locomotive Inc.401(k) + ESOP (KSOP)
CATERPILLAR RAIL DIVISION RETIREMENT SAVINGS PLAN FOR COLLECTIVELY BARGAINED EMPLOYEES · LAGRANGE, IL · plan year 2022
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Progress Rail Locomotive Inc. reported $29,298 in plan administrative expenses for 2022: 0.14% of average plan assets, below the peer median. Employer contributions averaged $1,303 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 3 years on file its reported administrative ratio has held roughly steady near 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (1,855th of 3,702), and the 6,531st of 13,661 in manufacturing. In 2022, employees put in $1.52 for every $1.00 the employer contributed.
Progress Rail Locomotive Inc.'s 2022 employer contribution ran below the $2,266 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Looking for an account from a past job here? How to find an old 401(k).
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 201932740 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.