401(k) · DOL Form 5500 · 2022
The Esab Group, Inc. 401(k) Plan
Data updated 2026-08-11
- $172M
- Total assets
- 1,125
- Participants
- 95th
- Percentile by assets
- $152,737
- Avg per participant
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.
- 95th percentile by assets (of 139,126 plans)
- #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).
- $172M
- total plan assets (2022 EOY)
- 1,125
- covered participants
- 95th
- percentile by assets (of 139,126 plans)
- $152,737
- avg assets per participant
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.
Where The Esab Group, Inc. 401(k) Retirement Savings Plan sits 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
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 vs the 2022 asset distribution
By assets, The Esab Group, Inc. 401(k) Retirement Savings Plan outranks 95% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.7x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | N/A |
|---|---|
| Net Assets (End of Year) | $172M |
| Net Income | -$45M |
| Employer EIN | 840966648 |
| Plan Effective Date | 2022-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Esab Group, Inc.)
| 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
- Lockheed Martin Corporation Salaried Savings Plan $43.6B · 87,666
- Marriott Retirement Savings Plan $8.3B · 82,576
- T. Rowe Price U.S. Retirement Program $3.7B · 6,107
- Nfl Player Second Career Savings Plan $3.3B · 2,819
- Sodexo 401 (K) Employees' Retirement Savings Plan and Trust $1.9B · 74,729
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The Esab Group, Inc. 401(k) Retirement Savings Plan by total assets, not by location.
- Poet Biorefining 401(k) Plan (SD) $172M · 2,022
- Smith, Gambrell & Russell, LLP 401(k) Retirement Plan (GA) $172M · 421
- Giant Eagle, Inc. and Affiliates 401(k) Plan for Union Represented Employees (PA) $172M · 5,512
- New Relic 401(k) Plan (CA) $172M · 1,454
Frequently Asked Questions
How have The Esab Group, Inc. plan assets changed over time? ▼
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Ways to act on The Esab Group, Inc. 401(k) Retirement Savings Plan's numbers.
- By total assets, The Esab Group, Inc. 401(k) Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Maryland. Compare plans
- The Esab Group, Inc.'s sponsor-wide assets have grown 12.7% since 2022 across 3 plan years on file. More Manufacturing plans