401(k) · DOL Form 5500 · 2022

The Babcock & Wilcox Company 401(k) Plan

Data updated 2026-08-25

$401M
Total assets Above avg plan size
657
Participants Below avg headcount
97th
Percentile by assets National rank
$609,950
Avg per participant High balance/head
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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.

  • #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.

#19,747
in Manufacturing (20,602 peers)
-17.2%
assets change YoY
4.0×
vs typical plan assets (national mean)

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.

The B & W Thrift Plan's outsized position 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

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 B & W Thrift 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 B & W Thrift Plan sits mid-pack in the medium band (657 participants).

Plan-year Form 5500 strip

Filing strip 132933685 · The Babcock & Wilcox Company PY 2022 · 401(k)

The B & W Thrift Plan · $401M · 657 · 97th

  • RANK $401M
  • PHOTO 657
  • IND 97th
  • EOY 401(k)
  • 5500 near Valaris Savings Plan
  • ASSETS ind #19747

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 Ohio →

The B & W Thrift Plan in the asset neighbourhood

Polsinelli Profit Sharing Plan IPolsinelli Profit Sharing Pl…$401MPratt Industries, Inc. 401(k) Profit Sharing PlanPratt Industries, Inc. 401(k…$401MValaris Savings Plan$401MThe B & W Thrift Plan$401MWestern Pennsylvania Electrical Employees Deferred Compensation PlanWestern Pennsylvania Electri…$401M
End-of-year total assets ($M) among The B & W Thrift Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$484M
Net Assets (End of Year)$401M
Net Income-$94M
Employer EIN132933685
Plan Effective Date2015-05-20
Filing StatusFILING RECEIVED

Sponsor Plan History (The Babcock & Wilcox Company)

Sponsor-wide plan assets over time

All The Babcock & Wilcox Company plans reported in each filing year

Latest sponsor-wide plan assets
$1.1B 6.160079237379176% vs 2022
2024 filing year
$1.05B$1.1B$1.15B 202220232024 $1.13B $1.06B ▼ -6.2%
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 Scatter plot of 6 data points. -50000050000100000150000 0246810 Total assets ($B) Participants The B & W Thrift Plan, Total assets ($B): 0.400736935 · Participants: 657The B & W Thrift PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings PlanMarathon Petroleum Thrift Plan, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum Thrift Plan
The B & W Thrift Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

The B & W Thrift Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Valaris Savings Plan in TX ($401M); by covered participants it is Zynex, Inc. 401(k) Plan in CO (657 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($401M here).

Similar participant headcount

Nearest other-state filings by covered participants (657 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 The B & W Thrift Plan assets move in 2022? ▼
The B & W Thrift Plan declined sharply - down 17.2% during 2022, from $484M to $401M. Reported net income was -$94M.
How have The Babcock & Wilcox Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Babcock & Wilcox Company's sponsor-wide assets declined 6.2%, from $1.1B to $1.1B.
Where does The B & W Thrift Plan rank by assets among Form 5500 filers? ▼
The B & W Thrift Plan ranks in the 97th 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 The B & W Thrift Plan? ▼
Among 401(k) plans in other states, the closest by assets is Valaris Savings Plan in TX ($401M, 1,153 participants).
Which 401(k) plans cover a similar participant headcount to The B & W Thrift Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Zynex, Inc. 401(k) Plan in CO (657 participants, $8M in assets).