401(k) · DOL Form 5500 · 2022

American Bureau of Shipping 401(k) Plan

Data updated 2026-08-11

$253M
Total assets
1,221
Participants
96th
Percentile by assets
$207,012
Avg per participant
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Official DOL plan name: Abs 401(k) Savings Plan · Sponsored by American Bureau of Shipping · Texas · Professional & Technical Services

$253M in assets, 1,221 participants

American Bureau of Shipping's Abs 401(k) Savings Plan reported $253M in total assets and 1,221 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #20,993 in Professional & Technical Services (21,562 peers)

Where Abs 401(k) Savings Plan sits by assets

Abs 401(k) Savings Plan sits in the top 5% of all filed plans by assets, $253M for 1,221 participants (~$207,012/participant), down 20.9% in 2022.

$253M
total plan assets (2022 EOY)
1,221
covered participants
96th
percentile by assets (of 139,126 plans)
$207,012
avg assets per participant

The plan reported a net loss of $67M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Abs 401(k) Savings Plan sits by total assets

Abs 401(k) Savings Plan vs every filed plan by assets

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

$252,761,895 Top 4% higher than 96% of 139,123 filed plans

This plan $0 $2,010,000,000 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

Abs 401(k) Savings Plan vs the 2022 asset distribution

By assets, Abs 401(k) Savings Plan outranks 96% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$319M
Net Assets (End of Year)$253M
Net Income-$67M
Employer EIN134921556
Plan Effective Date1993-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Bureau of Shipping)

$600M$650M$700M$750M$800M 202220232024 $635M $771M ▲ +21.5%
Total plan assets by year, all American Bureau of Shipping plans on file
Year Plans Participants Total Assets
2022 2 2,081 $635M
2023 2 2,123 $753M
2024 2 2,125 $771M

Nearby 401(k) Plans in Texas

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

Abs 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Abs 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Abs 401(k) Savings P…AT&T Retirement Savi…Exxonmobil Savings P…Caterpillar 401(k) S…American Airlines, I…Dell Inc. 401(k) Plan
Abs 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Abs 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Abs 401(k) Savings Plan assets move in 2022?
Abs 401(k) Savings Plan declined sharply - down 20.9% during 2022, from $319M to $253M. Reported net income was -$67M.
How have American Bureau of Shipping plan assets changed over time?
Across 3 plan years on file (2022-2024), American Bureau of Shipping's sponsor-wide assets grew 21.5%, from $635M to $771M.
Where does Abs 401(k) Savings Plan rank by assets among Form 5500 filers?
Abs 401(k) Savings Plan ranks in the 96th 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 Abs 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Clark Hill PLC Salary Deferral Plan in MI ($253M, 852 participants).

Scale reading

Ways to act on Abs 401(k) Savings Plan's numbers.