313 employees reported this benefit
Caterpillar offers a 401(k) plan for eligible employees with some company match.
This information about the 401K Plan benefit at Caterpillar is the result of research by Glassdoor editorial staff, and was not provided directly by a representative of Caterpillar. The description here may not reflect the current Caterpillar 401K Plan benefit.
Standard package 100% match
6 percent match seems good
Company match 100% up to 6% of base salary. Used to have pension plan but was phased out more than 15 years ago. Employees that selected the pension are now just realizing they got the short end of that deal.
Agency workers only put in what they want no matching.
6% 1 for 1 match
Excellent matching plan 50% up to 7%.
Match up to 6% per pay period
Caterpillar's 401(k) program is inequitable between senior and newer employees. Senior employees only get a 50% match (up to 6% of salary). Newer employees get 100% match.
Matches up to 6% of your contribution.
6% full match and extra yearly contribution