401(k) · DOL Form 5500 · 2022
Babcock Power Inc. 401(k) Plan
Data updated 2026-08-11
- $166M
- Total assets
- 1,072
- Participants
- 95th
- Percentile by assets
- $154,732
- Avg per participant
Official DOL plan name: Babcock Power Savings Plan · Sponsored by Babcock Power Inc. · Massachusetts · Manufacturing
$166M in assets, 1,072 participants
Babcock Power Inc.'s Babcock Power Savings Plan reported $166M in total assets and 1,072 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)
- #18,980 in Manufacturing (20,602 peers)
Where Babcock Power Savings Plan sits by assets
Babcock Power Savings Plan sits in the top 5% of all filed plans by assets, $166M for 1,072 participants (~$154,732/participant), down 19.7% in 2022.
- $166M
- total plan assets (2022 EOY)
- 1,072
- covered participants
- 95th
- percentile by assets (of 139,126 plans)
- $154,732
- avg assets per participant
The plan reported a net loss of $41M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Babcock Power Savings Plan vs the 2022 asset distribution
By assets, Babcock Power 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) | $207M |
|---|---|
| Net Assets (End of Year) | $166M |
| Net Income | -$41M |
| Employer EIN | 043719625 |
| Plan Effective Date | 1974-11-15 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Babcock Power Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,180 | $199M |
| 2023 | 2 | 1,097 | $231M |
| 2024 | 2 | 1,428 | $252M |
Nearby 401(k) Plans in Massachusetts
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Babcock Power Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
- Fidelity Retirement Savings Plan $23.0B · 52,036
- Liberty Mutual 401(k) Plan $8.8B · 32,843
- Massachusetts Institute of Technology Supplemental 401(k) Plan $5.8B · 13,690
- Philips North America 401(k) Plan $5.2B · 19,750
- Boston Scientific Corporation 401(k) Retirement Savings Plan $4.9B · 18,359
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Babcock Power Savings Plan by total assets, not by location.
- Nhca and Affiliates Retirement and Savings Plan (NY) $166M · 7,777
- Boyd Company 401(k) Plan (KY) $166M · 1,182
- Morton Buildings, Inc. 401(k) and ESOP (IL) $166M · 1,799
- United Association Union Local No. 290 Plumber, Steamfitter and Shipfitter Industry 401(k) Plan (OR) $166M · 3,105
Frequently Asked Questions
How did Babcock Power Savings Plan assets move in 2022? ▼
How have Babcock Power Inc. plan assets changed over time? ▼
Where does Babcock Power Savings Plan rank by assets among Form 5500 filers? ▼
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Next read for Babcock Power Savings Plan
Scale reading
Ways to act on Babcock Power Savings Plan's numbers.
- By total assets, Babcock Power 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 Massachusetts. Compare plans
- Babcock Power Inc.'s sponsor-wide assets have grown 26.9% since 2022 across 3 plan years on file. More Manufacturing plans