Progress Rail Locomotive Inc. 401(k) Plan: Login, Facts & Contact Information

Progress Rail Locomotive Inc. 401(k) Plan Facts

Plan name
CATERPILLAR RAIL DIVISION RETIREMENT SAVINGS PLAN FOR COLLECTIVELY BARGAINED EMPLOYEES
Plan type
401(k) with employer contributions with a company-stock (ESOP) component
Plan sponsor
PROGRESS RAIL LOCOMOTIVE INC.
Participants
325 (55 active employees)
Former employees with a balance
194
Plan assets
$16,905,734 at Dec 31, 2024
Average account balance
$65,526 across 258 accounts
Employer contributions
$95,610 in plan year 2024 (42% of all contributions)
Recordkeeper
Alight Solutions Llc
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
May 1, 2005
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments✓ Self-directed brokerage window— Profit sharing✓ Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 29, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $228,498 went into the plan in contributions, $95,610 of it from the employer (42%).
  • $1.84 million was paid out to participants.
  • Investment and other income added $1.88 million.
  • Administrative expenses were $24,377, about $94 per account.

How the Progress Rail Locomotive Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019805$31.0 million$1.18 million$4.55 million
2020703$27.6 million$694,991$8.02 million
2021559$23.3 million$148,101$7.44 million
2022427$17.2 million$74,291$3.04 million
2023342$16.7 million$88,227$3.24 million
2024325$16.9 million$95,610$1.84 million

Progress Rail Locomotive Inc. 401(k) Contact Information

Phone
708-387-6800
Mailing address
9301 WEST 55TH STREET, LAGRANGE IL 60525
Plan sponsor
PROGRESS RAIL LOCOMOTIVE INC.
Plan administrator
CATERPILLAR INC.
Employer identification number (EIN)
20-1932740
Plan number
002

Questions about the Progress Rail Locomotive Inc. 401(k)

Does Progress Rail Locomotive Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $95,610, 42% of all contributions.

Does the Progress Rail Locomotive Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Progress Rail Locomotive Inc 401(k) plan?

325 participants at the start of plan year 2024, 55 of them active employees, and 194 former employees who still had money in the plan.

What is the average 401(k) balance at Progress Rail Locomotive Inc?

About $65,526 per account: $16.9 million in plan assets across 258 accounts with a balance at the end of plan year 2024.

Who manages the Progress Rail Locomotive Inc 401(k) accounts?

Alight (listed on the filing as ALIGHT SOLUTIONS LLC) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Progress Rail Locomotive Inc. How do I access my 401(k)?

Your account stays with Alight after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

Related Companies
Headquarter: 23 N 35TH AVE, PHOENIX, AZ, 850094728
Headquarter: PO BOX 1037, ALBERTVILLE, AL, 35950
Headquarter: 1A BURTON HILLS BOULEVARD, NASHVILLE, TN, 37215
Headquarter: 2301 LOU MENK DR., FORT WORTH, TX, 76131
Headquarter: 800 SCUDDERS MILL ROAD, PLAINSBORO, NJ, 08536