401(k) · DOL Form 5500 · 2022
The Babcock & Wilcox Company 401(k) Plan
Data updated 2026-08-11
- $401M
- Total assets
- 657
- Participants
- 97th
- Percentile by assets
- $609,950
- Avg per participant
Official DOL plan name: The B & W Thrift Plan · Sponsored by The Babcock & Wilcox Company · Ohio · Manufacturing
$401M in assets, 657 participants
The Babcock & Wilcox Company's The B & W Thrift Plan reported $401M in total assets and 657 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 139,126 plans)
- #19,747 in Manufacturing (20,602 peers)
Where The B & W Thrift Plan sits by assets
The B & W Thrift Plan sits in the top 5% of all filed plans by assets, $401M for 657 participants (~$609,950/participant), down 17.2% in 2022.
- $401M
- total plan assets (2022 EOY)
- 657
- covered participants
- 97th
- percentile by assets (of 139,126 plans)
- $609,950
- avg assets per participant
The plan reported a net loss of $94M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where The B & W Thrift Plan sits by total assets
The B & W Thrift Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$400,736,935 Top 3% higher than 97% 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 B & W Thrift Plan vs the 2022 asset distribution
By assets, The B & W Thrift Plan outranks 97% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 4.0x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $484M |
|---|---|
| Net Assets (End of Year) | $401M |
| Net Income | -$94M |
| Employer EIN | 132933685 |
| Plan Effective Date | 2015-05-20 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Babcock & Wilcox Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,005 | $1.1B |
| 2023 | 2 | 1,215 | $1.1B |
| 2024 | 2 | 1,266 | $1.1B |
Nearby 401(k) Plans in Ohio
Peer 401(k) plans, same state, same plan type, ranked by total assets.
The B & W Thrift Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
- The Sherwin-Williams Company 401(k) Plan $8.3B · 44,890
- The Progressive 401(k) Plan $7.6B · 50,299
- The Kroger Co. 401(k) Retirement Savings Account Plan $7.3B · 116,133
- Nationwide Savings Plan $6.7B · 24,278
- Marathon Petroleum Thrift Plan $6.4B · 17,666
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The B & W Thrift Plan by total assets, not by location.
- Valaris Savings Plan (TX) $401M · 1,153
- Pratt Industries, Inc. 401(k) Profit Sharing Plan (GA) $401M · 7,963
- Western Pennsylvania Electrical Employees Deferred Compensation Plan (PA) $401M · 3,236
- Polsinelli Profit Sharing Plan I (MO) $401M · 1,778
Frequently Asked Questions
How did The B & W Thrift Plan assets move in 2022? ▼
How have The Babcock & Wilcox Company plan assets changed over time? ▼
Where does The B & W Thrift Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to The B & W Thrift Plan? ▼
Next read for The B & W Thrift Plan
Scale reading
Ways to act on The B & W Thrift Plan's numbers.
- By total assets, The B & W Thrift 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 Ohio. Compare plans
- The Babcock & Wilcox Company's sponsor-wide assets have declined 6.2% since 2022 across 3 plan years on file. More Manufacturing plans