Defined Benefit (Pension) · DOL Form 5500 · 2022
The Babcock & Wilcox Company Pension Plan
Data updated 2026-08-11
- $725M
- Total assets
- 348
- Participants
- 98th
- Percentile by assets
- $2.1M
- Avg per participant
Official DOL plan name: Retirement Plan for Employees of Babcock & Wilcox Commercial Operations · Sponsored by The Babcock & Wilcox Company · Ohio · Manufacturing
$725M in assets, 348 participants
The Babcock & Wilcox Company's Retirement Plan for Employees of Babcock & Wilcox Commercial Operations reported $725M in total assets and 348 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 139,126 plans)
- #20,057 in Manufacturing (20,602 peers)
Coverage in Ohio
Retirement Plan for Employees of Babcock & Wilcox Commercial Operations covers 348 participants in Ohio, about 45% of the average Ohio filer (state average ~765 per filing). Assets: $725M.
- $725M
- total plan assets (2022 EOY)
- 348
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $2.1M
- avg assets per participant
The plan reported a net loss of $247M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Ohio filers
In Ohio, the average filing covers about 765 participants across 5,089 plans. Retirement Plan for Employees of Babcock & Wilcox Commercial Operations reports 348 participants - about 45% of that state average ($725M EOY assets).
Ohio filing particulars
| Total Assets (Beginning of Year) | $972M |
|---|---|
| Net Assets (End of Year) | $725M |
| Net Income | -$247M |
| Employer EIN | 132933685 |
| Plan Effective Date | 2005-02-01 |
| 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 Defined Benefit (Pension) Plans in Ohio
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Retirement Plan for Employees of Babcock & Wilcox Commercial Operations vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
- Firstenergy Corp. Master Pension Plan $7.6B · 12,346
- Nationwide Retirement Plan $5.0B · 22,597
- American Electric Power System Retirement Plan $4.5B · 15,837
- Ohio Operating Engineers Pension Plan $3.4B · 9,749
- Laborers District Council & Contractors Pension Fund of Ohio $2.6B · 13,583
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Retirement Plan for Employees of Babcock & Wilcox Commercial Operations by total assets, not by location.
- Assurant Pension Plan (NY) $725M · 4,183
- Citgo Petroleum Corporation Salaried Employees' Pension Plan (TX) $729M · 1,912
- Fox Pension Plan (NY) $722M · 1,548
- IBEW 332 Pension Plan - Part a (CA) $721M · 2,173
Frequently Asked Questions
How did Retirement Plan for Employees of Babcock & Wilcox Commercial Operations assets move in 2022? ▼
How have The Babcock & Wilcox Company plan assets changed over time? ▼
Where does Retirement Plan for Employees of Babcock & Wilcox Commercial Operations rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on Retirement Plan for Employees of Babcock & Wilcox Commercial Operations's numbers.
- By total assets, Retirement Plan for Employees of Babcock & Wilcox Commercial Operations ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) 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