Defined Benefit (Pension) · DOL Form 5500 · 2022

The Esab Group, Inc. Pension Plan

Data updated 2026-08-25

$149M
Total assets Near avg plan size
187
Participants Below avg headcount
95th
Percentile by assets National rank
$798,712
Avg per participant High balance/head
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Official DOL plan name: The Esab Group, Inc. Consolidated Retirement Plan · Sponsored by The Esab Group, Inc. · Maryland · Manufacturing

$149M in assets, 187 participants

The Esab Group, Inc.'s The Esab Group, Inc. Consolidated Retirement Plan reported $149M in total assets and 187 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.

  • #18,867 in Manufacturing (20,602 peers)

Coverage in Maryland

The Esab Group, Inc. Consolidated Retirement Plan covers 187 participants in Maryland, about 20% of the average Maryland filer (state average ~929 per filing). Assets: $149M.

#18,867
in Manufacturing (20,602 peers)
-25.8%
assets change YoY
1.5×
vs typical plan assets (national mean)

The plan reported a net loss of $53M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Esab Group, Inc. Consolidated Retirement Plan's outsized position by total assets

The Esab Group, Inc. Consolidated Retirement Plan vs every filed plan by assets

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

$149,359,102 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. Consolidated Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Esab Group, Inc. Consolidated Retirement Plan sits mid-pack in the medium band (187 participants).

Form 5500 schedule snapshot

Filing strip 840966648 · The Esab Group, Inc. PY 2022 · Defined Benefit (Pension)

The Esab Group, Inc. Consolidated Retirement Plan · $149M · 187 · 95th

  • PART $149M
  • TYPE 187
  • NET 95th
  • BOOK Defined Benefit (Pension)
  • VS-ST near Appalachian Regional Healthcare, Inc. Pension Plan
  • BOY ind #18867

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. Consolidated Retirement Plan in the asset neighbourhood

Local 153 Pension Fund$150MPension Plan for Employees of Central Service AssociationPension Plan for Employees o…$150MAppalachian Regional Healthcare, Inc. Pension PlanAppalachian Regional Healthc…$149MThe Esab Group, Inc. Consolidated Retirement PlanThe Esab Group, Inc. Consoli…$149MSnap-on Incorporated Retirement Plan for Hourly EmployeesSnap-on Incorporated Retirem…$149M
End-of-year total assets ($M) among The Esab Group, Inc. Consolidated Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Maryland filing particulars

Total Assets (Beginning of Year)$201M
Net Assets (End of Year)$148M
Net Income-$53M
Employer EIN840966648
Plan Effective Date1987-01-01
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 Defined Benefit (Pension) Plans in Maryland

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

The Esab Group, Inc. Consolidated Retirement Plan vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -505101520 Total assets ($B) Participants The Esab Group, Inc. Consolidated Retirement Plan, Total assets ($B): 0.149359102 · Participants: 187The Esab Group, Inc. Consolidated Retirement PlanLockheed Martin Corporation Salaried Employee Retirement Program, Total assets ($B): 18.843533772 · Participants: 21647Lockheed Martin Corporation Salaried Employee Retirement ProgramNational Automatic Sprinkler Industry Pension Fund, Total assets ($B): 4.273549408 · Participants: 14916National Automatic Sprinkler Industry Pension FundMajor League Baseball Players Pension Plan, Total assets ($B): 4.247803775 · Participants: 1041Major League Baseball Players Pension PlanInternational Painters and Allied Trades Industry Pension Plan, Total assets ($B): 3.938448124 · Participants: 50952International Painters and Allied Trades Industry Pension PlanBert Bell/Pete Rozelle Nfl Player Retirement Plan, Total assets ($B): 3.67312584 · Participants: 2587Bert Bell/Pete Rozelle Nfl Player Retirement Plan
The Esab Group, Inc. Consolidated Retirement Plan vs. nearby Defined Benefit (Pension) plans in Maryland, assets vs. participants
Compare The Esab Group, Inc. Consolidated Retirement Plan side-by-side with 3 peers →

The Esab Group, Inc. Consolidated Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Maryland, the nearest Defined Benefit (Pension) by assets is Appalachian Regional Healthcare, Inc. Pension Plan in KY ($149M); by covered participants it is Associated Medical Professionals of Ny, PLLC Employees' Defined Benefit Pension Plan in NY (187 participants). Same-state nearby plans are listed separately above.

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 did The Esab Group, Inc. Consolidated Retirement Plan assets move in 2022? ▼
The Esab Group, Inc. Consolidated Retirement Plan declined sharply - down 25.8% during 2022, from $201M to $149M. Reported net income was -$53M.
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. Consolidated Retirement Plan rank by assets among Form 5500 filers? ▼
The Esab Group, Inc. Consolidated Retirement 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 Defined Benefit (Pension) plans are similar in size to The Esab Group, Inc. Consolidated Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Appalachian Regional Healthcare, Inc. Pension Plan in KY ($149M, 985 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Esab Group, Inc. Consolidated Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Associated Medical Professionals of Ny, PLLC Employees' Defined Benefit Pension Plan in NY (187 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.