Progress Rail Services Corporation 401(k) Plan (terminated 2013): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2013, when $164.1 million was transferred out of the plan. Assets moved to the CATERPILLAR 401(K) SAVINGS PLAN (sponsored by CATERPILLAR INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the CATERPILLAR 401(K) SAVINGS PLAN →

Progress Rail Services Corporation 401(k) Plan Facts (plan year 2013)

Plan name
PROGRESS RAIL SERVICES CORPORATION 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PROGRESS RAIL SERVICES CORPORATION
Participants
5,308
Former employees with a balance
0
Employer contributions
$8,701,329 in plan year 2013 (42% of all contributions)
Plan year
Jan 1, 2013 – Dec 31, 2013
Plan established
Sep 1, 2002
✓ 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 2013 (Jan 1, 2013 – Dec 31, 2013), filed Oct 15, 2014. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2013

  • $21.0 million went into the plan in contributions, $8.70 million of it from the employer (42%).
  • $16.6 million was paid out to participants.
  • Investment and other income added $22.3 million.

How the Progress Rail Services Corporation 401(k) changed, 2009–2013

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20094,266$88.5 million$5.86 million$5.47 million
20104,254$108.1 million$5.24 million$7.03 million
20114,321$114.7 million$7.81 million$6.76 million
20125,035$137.9 million$8.64 million$9.35 million
2013 (final)5,308$0$8.70 million$16.6 million

Progress Rail Services Corporation 401(k) Contact Information

Phone
605-716-0044
Mailing address
PO BOX 1037, ALBERTVILLE AL 35950
Plan sponsor
PROGRESS RAIL SERVICES CORPORATION
Employer identification number (EIN)
59-2740308
Plan number
001

Questions about the Progress Rail Services Corporation 401(k)

Is the Progress Rail Services Corporation 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2013. Its assets were transferred to the CATERPILLAR 401(K) SAVINGS PLAN.

Does Progress Rail Services Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2013 the employer contributed $8.70 million, 42% of all contributions.

Does the Progress Rail Services Corporation 401(k) have automatic enrollment?

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

How many people are in the Progress Rail Services Corporation 401(k) plan?

5,308 participants at the start of plan year 2013.

Who manages the Progress Rail Services Corporation 401(k) accounts?

Empower is the plan's recordkeeper, which is where participants log in to see their balance.

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