Caterpillar Employee Benefit: 401K Plan | Glassdoor

Caterpillar 401K Plan

Updated Jul 21, 2014

313 employees reported this benefit


Employer Summary

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.

Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 75
  • Mar 14, 2018
    StarStarStarStarStar Current General Manager in Peoria, Illinois

    Standard package 100% match

  • Jan 24, 2018
    StarStarStarStarStar Current Employee in Dayton, Ohio

    6 percent match seems good

  • Oct 03, 2017
    StarStarStarStarStar Current Employee in Lagrange, Georgia

    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.

  • Jun 01, 2017
    StarStarStarStarStar Current Research and Development Technician in Peoria, Illinois

    Agency workers only put in what they want no matching.

  • May 24, 2017
    StarStarStarStarStar Current Supply Chain Planner in Decatur, Illinois

    6% 1 for 1 match

  • Apr 07, 2017
    StarStarStarStarStar Former Senior IS Specialist (Learning Technology) in Peoria, Illinois

    Excellent matching plan 50% up to 7%.

  • Feb 25, 2017
    StarStarStarStarStar Former Employee in Peoria, Illinois

    Match up to 6% per pay period

  • Feb 17, 2017
    StarStarStarStarStar Former Six Sigma Black Belt II in Peoria, Illinois

    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.

  • Feb 11, 2017
    StarStarStarStarStar Current Contract Administrator in Peoria, Illinois

    Matches up to 6% of your contribution.

  • Dec 13, 2016
    StarStarStarStarStar Current Employee in Peoria, Illinois

    6% full match and extra yearly contribution

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