401(k) · DOL Form 5500 · 2022

Babcock Power Inc. 401(k) Plan

Data updated 2026-08-25

$166M
Total assets Near avg plan size
1,072
Participants Near avg headcount
95th
Percentile by assets National rank
$154,732
Avg per participant Above avg balance/head
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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.

  • #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.

#18,980
in Manufacturing (20,602 peers)
-19.7%
assets change YoY
1.7×
vs typical plan assets (national mean)

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's outsized position by total assets

Babcock Power Savings Plan vs every filed plan by assets

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

$165,872,772 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

Babcock Power 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. Babcock Power Savings Plan lands in the large band (1,072 participants).

EBSA filing schedule strip

Filing strip 043719625 · Babcock Power Inc. PY 2022 · 401(k)

Babcock Power Savings Plan · $166M · 1,072 · 95th

  • EOY $166M
  • EOY 1,072
  • EOY 95th
  • EOY 401(k)
  • EOY near Nhca and Affiliates Retirement and Savings Plan
  • EOY ind #18980

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 Massachusetts →

Babcock Power Savings Plan in the asset neighbourhood

United Association Union Local No. 290 Plumber, Steamfitter and Shipfitter Industry 401(k) PlanUnited Association Union Loc…$166MBoyd Company 401(k) Plan$166MNhca and Affiliates Retirement and Savings PlanNhca and Affiliates Retireme…$166MBabcock Power Savings Plan$166MMorton Buildings, Inc. 401(k) and ESOPMorton Buildings, Inc. 401(k…$166M
End-of-year total assets ($M) among Babcock Power 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)$207M
Net Assets (End of Year)$166M
Net Income-$41M
Employer EIN043719625
Plan Effective Date1974-11-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Babcock Power Inc.)

Sponsor-wide plan assets over time

All Babcock Power Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$252M 26.890077757346166% vs 2022
2024 filing year
$180M$200M$220M$240M$260M 202220232024 $199M $252M ▲ +26.9%
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 Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Babcock Power Savings Plan, Total assets ($B): 0.165872772 · Participants: 1072Babcock Power Savings PlanFidelity Retirement Savings Plan, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Institute of Technology Supplemental 401(k) PlanPhilips North America 401(k) Plan, Total assets ($B): 5.180251859 · Participants: 19750Philips North America 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Corporation 401(k) Retirement Savings Plan
Babcock Power Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Babcock Power Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Nhca and Affiliates Retirement and Savings Plan in NY ($166M); by covered participants it is Truenorth 401(k) Plan in OH (1,072 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,072 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 did Babcock Power Savings Plan assets move in 2022? ▼
Babcock Power Savings Plan declined sharply - down 19.7% during 2022, from $207M to $166M. Reported net income was -$41M.
How have Babcock Power Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Babcock Power Inc.'s sponsor-wide assets grew 26.9%, from $199M to $252M.
Where does Babcock Power Savings Plan rank by assets among Form 5500 filers? ▼
Babcock Power 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 Babcock Power Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Nhca and Affiliates Retirement and Savings Plan in NY ($166M, 7,777 participants).
Which 401(k) plans cover a similar participant headcount to Babcock Power Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Truenorth 401(k) Plan in OH (1,072 participants, $25M in assets).