401(k) · DOL Form 5500 · 2022

The Esab Group, Inc. 401(k) Plan

Data updated 2026-08-25

$172M
Total assets Near avg plan size
1,125
Participants Near avg headcount
95th
Percentile by assets National rank
$152,737
Avg per participant Above avg balance/head
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Official DOL plan name: The Esab Group, Inc. 401(k) Retirement Savings Plan · Sponsored by The Esab Group, Inc. · Maryland · Manufacturing

$172M in assets, 1,125 participants

The Esab Group, Inc.'s The Esab Group, Inc. 401(k) Retirement Savings Plan reported $172M in total assets and 1,125 participants in its 2022 DOL Form 5500 filing, ranking in the 95th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #19,020 in Manufacturing (20,602 peers)

Where The Esab Group, Inc. 401(k) Retirement Savings Plan sits by assets

The Esab Group, Inc. 401(k) Retirement Savings Plan sits in the top 5% of all filed plans by assets, $172M for 1,125 participants (~$152,737/participant).

#19,020
in Manufacturing (20,602 peers)
-$45M
reported net income
1.7×
vs typical plan assets (national mean)

The plan reported a net loss of $45M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Esab Group, Inc. 401(k) Retirement Savings Plan's outsized position by total assets

The Esab Group, Inc. 401(k) Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$171,828,615 Top 5% higher than 95% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

The Esab Group, Inc. 401(k) Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Esab Group, Inc. 401(k) Retirement Savings Plan lands in the large band (1,125 participants).

EBSA filing schedule strip

Filing strip 840966648 · The Esab Group, Inc. PY 2022 · 401(k)

The Esab Group, Inc. 401(k) Retirement Savings Plan · $172M · 1,125 · 95th

  • SCH $172M
  • EBSA 1,125
  • PART 95th
  • TYPE 401(k)
  • NET near Poet Biorefining 401(k) Plan
  • BOOK ind #19020

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Maryland →

The Esab Group, Inc. 401(k) Retirement Savings Plan in the asset neighbourhood

The Esab Group, Inc. 401(k) Retirement Savings PlanThe Esab Group, Inc. 401(k) …$172MPoet Biorefining 401(k) Plan$172MSmith, Gambrell & Russell, LLP 401(k) Retirement PlanSmith, Gambrell & Russell, L…$172MGiant Eagle, Inc. and Affiliates 401(k) Plan for Union Represented EmployeesGiant Eagle, Inc. and Affili…$172MNew Relic 401(k) Plan$172M
End-of-year total assets ($M) among The Esab Group, Inc. 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)N/A
Net Assets (End of Year)$172M
Net Income-$45M
Employer EIN840966648
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Esab Group, Inc.)

Sponsor-wide plan assets over time

All The Esab Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$362M 12.701201459705883% vs 2022
2024 filing year
$300M$320M$340M$360M$380M 202220232024 $321M $362M ▲ +12.7%
Year Plans Participants Total Assets
2022 2 1,312 $321M
2023 2 1,198 $347M
2024 2 1,304 $362M

Nearby 401(k) Plans in Maryland

Peer 401(k) plans, same state, same plan type, ranked by total assets.

The Esab Group, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -1001020304050 Total assets ($B) Participants The Esab Group, Inc. 401(k) Retirement Savings Plan, Total assets ($B): 0.171828615 · Participants: 1125The Esab Group, Inc. 401(k) Retirement Savings PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 43.624690273 · Participants: 87666Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 8.25929933 · Participants: 82576Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 3.651080244 · Participants: 6107T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.260404321 · Participants: 2819Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 1.938654635 · Participants: 74729Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
The Esab Group, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare The Esab Group, Inc. 401(k) Retirement Savings Plan side-by-side with 3 peers →

The Esab Group, Inc. 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Poet Biorefining 401(k) Plan in SD ($172M); by covered participants it is Luby's Savings and Investment Plan in TX (1,125 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($172M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,125 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How have The Esab Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Esab Group, Inc.'s sponsor-wide assets grew 12.7%, from $321M to $362M.
Where does The Esab Group, Inc. 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
The Esab Group, Inc. 401(k) Retirement Savings Plan ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to The Esab Group, Inc. 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Poet Biorefining 401(k) Plan in SD ($172M, 2,022 participants).
Which 401(k) plans cover a similar participant headcount to The Esab Group, Inc. 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Luby's Savings and Investment Plan in TX (1,125 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 840966648.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.