Defined Benefit (Pension) · DOL Form 5500 · 2022

The Babcock & Wilcox Company Pension Plan

Data updated 2026-08-25

$725M
Total assets Above avg plan size
348
Participants Below avg headcount
98th
Percentile by assets National rank
$2.1M
Avg per participant High balance/head
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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.

  • #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.

#20,057
in Manufacturing (20,602 peers)
-25.4%
assets change YoY
7.3×
vs typical plan assets (national mean)

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.

Retirement Plan for Employees of Babcock & Wilcox Commercial Operations's outsized position by total assets

Retirement Plan for Employees of Babcock & Wilcox Commercial Operations vs every filed plan by assets

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

$725,303,337 Top 2% higher than 98% 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

Retirement Plan for Employees of Babcock & Wilcox Commercial Operations 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. Retirement Plan for Employees of Babcock & Wilcox Commercial Operations sits mid-pack in the medium band (348 participants).

Plan-year Form 5500 strip

Filing strip 132933685 · The Babcock & Wilcox Company PY 2022 · Defined Benefit (Pension)

Retirement Plan for Employees of Babcock & Wilcox Commercial Operations · $725M · 348 · 98th

  • BOOK $725M
  • BOOK 348
  • BOOK 98th
  • BOOK Defined Benefit (Pension)
  • BOOK near Assurant Pension Plan
  • BOOK ind #20057

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 →

Retirement Plan for Employees of Babcock & Wilcox Commercial Operations in the asset neighbourhood

Citgo Petroleum Corporation Salaried Employees' Pension PlanCitgo Petroleum Corporation …$729MRetirement Plan for Employees of Babcock & Wilcox Commercial OperationsRetirement Plan for Employee…$725MAssurant Pension Plan$725MFox Pension Plan$722MIBEW 332 Pension Plan - Part aIBEW 332 Pension Plan - Part…$721M
End-of-year total assets ($M) among Retirement Plan for Employees of Babcock & Wilcox Commercial Operations and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Ohio filing particulars

Total Assets (Beginning of Year)$972M
Net Assets (End of Year)$725M
Net Income-$247M
Employer EIN132933685
Plan Effective Date2005-02-01
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 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 Scatter plot of 6 data points. -50000500010000150002000025000 02468 Total assets ($B) Participants Retirement Plan for Employees of Babcock & Wilcox Commercial Operations, Total assets ($B): 0.725303337 · Participants: 348Retirement Plan for Employees of Babcock & Wilcox Commercial OperationsFirstenergy Corp. Master Pension Plan, Total assets ($B): 7.559275463 · Participants: 12346Firstenergy Corp. Master Pension PlanNationwide Retirement Plan, Total assets ($B): 5.017579718 · Participants: 22597Nationwide Retirement PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.498685298 · Participants: 15837American Electric Power System Retirement PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.394372488 · Participants: 9749Ohio Operating Engineers Pension PlanLaborers District Council & Contractors Pension Fund of Ohio, Total assets ($B): 2.645337912 · Participants: 13583Laborers District Council & Contractors Pension Fund of Ohio
Retirement Plan for Employees of Babcock & Wilcox Commercial Operations vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants
Compare Retirement Plan for Employees of Babcock & Wilcox Commercial Operations side-by-side with 3 peers →

Retirement Plan for Employees of Babcock & Wilcox Commercial Operations's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Assurant Pension Plan in NY ($725M); by covered participants it is Beam Pension Plan in IL (348 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($725M here).

Similar participant headcount

Nearest other-state filings by covered participants (348 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 Retirement Plan for Employees of Babcock & Wilcox Commercial Operations assets move in 2022? ▼
Retirement Plan for Employees of Babcock & Wilcox Commercial Operations declined sharply - down 25.4% during 2022, from $972M to $725M. Reported net income was -$247M.
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 Retirement Plan for Employees of Babcock & Wilcox Commercial Operations rank by assets among Form 5500 filers? ▼
Retirement Plan for Employees of Babcock & Wilcox Commercial Operations ranks in the 98th 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 Defined Benefit (Pension) plans are similar in size to Retirement Plan for Employees of Babcock & Wilcox Commercial Operations? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Assurant Pension Plan in NY ($725M, 4,183 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement Plan for Employees of Babcock & Wilcox Commercial Operations? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Beam Pension Plan in IL (348 participants, $212M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 132933685.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.