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RETIREMENT PLAN FOR EMPLOYEES OF PROGRESS METAL RECLAMATION CO. D/B/A MANSBACH METAL CO. 401k Plan overview

Plan NameRETIREMENT PLAN FOR EMPLOYEES OF PROGRESS METAL RECLAMATION CO. D/B/A MANSBACH METAL CO.
Plan identification number 009

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

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily flat dollar (includes dollars per year of service)
  • Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
  • 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).
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

CATERPILLAR INC. has sponsored the creation of one or more 401k plans.

Company Name:CATERPILLAR INC.
Employer identification number (EIN):370602744
NAIC Classification:333100

Additional information about CATERPILLAR INC.

Jurisdiction of Incorporation: Texas Secretary of State
Incorporation Date: 1986-05-07
Company Identification Number: 0006917606
Legal Registered Office Address: 100 NE ADAMS ST

PEORIA
United States of America (USA)
61629

More information about CATERPILLAR INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RETIREMENT PLAN FOR EMPLOYEES OF PROGRESS METAL RECLAMATION CO. D/B/A MANSBACH METAL CO.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0092021-01-01
0092020-01-01
0092019-01-01STEPHEN ROBERTSON2020-10-07
0092018-01-01STEPHEN ROBERTSON2019-09-30

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

401k plan membership statisitcs for RETIREMENT PLAN FOR EMPLOYEES OF PROGRESS METAL RECLAMATION CO. D/B/A MANSBACH METAL CO.

Measure Date Value
2019: RETIREMENT PLAN FOR EMPLOYEES OF PROGRESS METAL RECLAMATION CO. D/B/A MANSBACH METAL CO. 2019 401k membership
Market value of plan assets2019-12-314,274,756
Acturial value of plan assets2019-12-314,274,756
Funding target for retired participants and beneficiaries receiving payment2019-12-312,134,437
Number of terminated vested participants2019-12-3169
Fundng target for terminated vested participants2019-12-311,403,099
Active participant vested funding target2019-12-3184,655
Number of active participants2019-12-312
Total funding liabilities for active participants2019-12-3184,655
Total participant count2019-12-31109
Total funding target for all participants2019-12-313,622,191
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-310
Present value of excess contributions2019-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-310
Total employer contributions2019-12-310
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-310
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-3162,000
Net shortfall amortization installment of oustanding balance2019-12-310
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-310
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-310
Contributions allocatedtoward minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
Total participants, beginning-of-year2019-01-0185
Total number of active participants reported on line 7a of the Form 55002019-01-012
Number of retired or separated participants receiving benefits2019-01-0131
Number of other retired or separated participants entitled to future benefits2019-01-0143
Total of all active and inactive participants2019-01-0176
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-019
Total participants2019-01-0185
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010
2018: RETIREMENT PLAN FOR EMPLOYEES OF PROGRESS METAL RECLAMATION CO. D/B/A MANSBACH METAL CO. 2018 401k membership
Market value of plan assets2018-12-314,717,450
Acturial value of plan assets2018-12-314,717,450
Funding target for retired participants and beneficiaries receiving payment2018-12-311,837,419
Number of terminated vested participants2018-12-3176
Fundng target for terminated vested participants2018-12-311,685,207
Active participant vested funding target2018-12-3198,679
Number of active participants2018-12-313
Total funding liabilities for active participants2018-12-3198,679
Total participant count2018-12-31112
Total funding target for all participants2018-12-313,621,305
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-310
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-310
Present value of excess contributions2018-12-311,052,438
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-311,115,269
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-310
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-310
Total employer contributions2018-12-310
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-310
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-3186,000
Net shortfall amortization installment of oustanding balance2018-12-310
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-310
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-310
Contributions allocatedtoward minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
Total participants, beginning-of-year2018-01-0184
Total number of active participants reported on line 7a of the Form 55002018-01-012
Number of retired or separated participants receiving benefits2018-01-0131
Number of other retired or separated participants entitled to future benefits2018-01-0143
Total of all active and inactive participants2018-01-0176
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-018
Total participants2018-01-0184
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010

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

Measure Date Value
2019 : RETIREMENT PLAN FOR EMPLOYEES OF PROGRESS METAL RECLAMATION CO. D/B/A MANSBACH METAL CO. 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$363,263
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$43,004
Total income from all sources (including contributions)2019-12-31$1,270,528
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$636,445
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$171,804
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$350,000
Value of total assets at end of year2019-12-31$5,229,098
Value of total assets at beginning of year2019-12-31$4,274,756
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$464,641
Total interest from all sources2019-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan2019-12-31$0
Administrative expenses professional fees incurred2019-12-31$443,544
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$45,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Administrative expenses (other) incurred2019-12-31$8,639
Liabilities. Value of operating payables at end of year2019-12-31$363,263
Liabilities. Value of operating payables at beginning of year2019-12-31$43,004
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$634,083
Value of net assets at end of year (total assets less liabilities)2019-12-31$4,865,835
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$4,231,752
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$2,561
Value of interest in master investment trust accounts at end of year2019-12-31$4,879,098
Value of interest in master investment trust accounts at beginning of year2019-12-31$4,274,756
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$350,000
Employer contributions (assets) at end of year2019-12-31$350,000
Employer contributions (assets) at beginning of year2019-12-31$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$171,804
Contract administrator fees2019-12-31$9,897
Did the plan have assets held for investment2019-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31PRICEWATERHOUSECOOPERS LLP
Accountancy firm EIN2019-12-31134008324
2018 : RETIREMENT PLAN FOR EMPLOYEES OF PROGRESS METAL RECLAMATION CO. D/B/A MANSBACH METAL CO. 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$43,004
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$42,609
Total income from all sources (including contributions)2018-12-31$-251,455
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$231,257
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$174,274
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$0
Value of total assets at end of year2018-12-31$4,274,756
Value of total assets at beginning of year2018-12-31$4,757,073
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$56,983
Total interest from all sources2018-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Administrative expenses professional fees incurred2018-12-31$42,617
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$45,000,000
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Administrative expenses (other) incurred2018-12-31$8,214
Liabilities. Value of operating payables at end of year2018-12-31$43,004
Liabilities. Value of operating payables at beginning of year2018-12-31$42,609
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-482,712
Value of net assets at end of year (total assets less liabilities)2018-12-31$4,231,752
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$4,714,464
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Value of interest in master investment trust accounts at end of year2018-12-31$4,274,756
Value of interest in master investment trust accounts at beginning of year2018-12-31$3,757,073
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Employer contributions (assets) at end of year2018-12-31$0
Employer contributions (assets) at beginning of year2018-12-31$1,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$174,274
Contract administrator fees2018-12-31$6,152
Did the plan have assets held for investment2018-12-31No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31No
Opinion of an independent qualified public accountant for this plan2018-12-31Unqualified
Accountancy firm name2018-12-31PRICEWATERHOUSECOOPERS LLP
Accountancy firm EIN2018-12-31134008324

Form 5500 Responses for RETIREMENT PLAN FOR EMPLOYEES OF PROGRESS METAL RECLAMATION CO. D/B/A MANSBACH METAL CO.

2019: RETIREMENT PLAN FOR EMPLOYEES OF PROGRESS METAL RECLAMATION CO. D/B/A MANSBACH METAL CO. 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: RETIREMENT PLAN FOR EMPLOYEES OF PROGRESS METAL RECLAMATION CO. D/B/A MANSBACH METAL CO. 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planYes
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes

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