Defined Benefit (Pension) · DOL Form 5500 · 2022
Aker Solutions Inc. Pension Plan
Data updated 2026-08-25
- $31M
- Total assets Below avg plan size
- N/A
- Participants Small participant base
- 83rd
- Percentile by assets National rank
Official DOL plan name: Kvaerner Consolidated Retirement Plan · Sponsored by Aker Solutions Inc. · Texas · Professional & Technical Services
$31M in assets, N/A participants
Aker Solutions Inc.'s Kvaerner Consolidated Retirement Plan reported $31M in total assets and N/A participants in its 2022 DOL Form 5500 filing, ranking in the 83rd 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.
- #18,052 in Professional & Technical Services (21,562 peers)
Where Kvaerner Consolidated Retirement Plan sits by assets
Kvaerner Consolidated Retirement Plan sits in the top quartile of all filed plans by assets, $31M for N/A participants, down 12.8% in 2022.
- #18,052
- in Professional & Technical Services (21,562 peers)
- -12.8%
- assets change YoY
- 0.3×
- vs typical plan assets (national mean)
The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Kvaerner Consolidated Retirement Plan's outsized position by total assets
Kvaerner Consolidated Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$30,758,684 Top 17% higher than 83% 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
Filed plans by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.
DOL schedule card
Filing strip 760423235 · Aker Solutions Inc. PY 2022 · Defined Benefit (Pension)
Kvaerner Consolidated Retirement Plan · $31M · N/A · 83rd
- EOY $31M
- 5500 N/A
- ASSETS 83rd
- PCT Defined Benefit (Pension)
- EIN near Sivantos Pension Plan
- RANK ind #18052
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 Professional & Technical Services retirement plans → · Plans in Texas →
Kvaerner Consolidated Retirement Plan in the asset neighbourhood
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $35M |
|---|---|
| Net Assets (End of Year) | $31M |
| Net Income | -$5M |
| Employer EIN | 760423235 |
| Plan Effective Date | 1978-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Aker Solutions Inc.)
Sponsor-wide plan assets over time
All Aker Solutions Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $116M 26.400196502033126% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 230 | $158M |
| 2023 | 2 | 272 | $167M |
| 2024 | 2 | 294 | $116M |
Nearby Defined Benefit (Pension) Plans in Texas
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- AT&T Pension Benefit Plan $41.0B · 119,463
- Shell Pension Plan $14.6B · 12,912
- Exxonmobil Pension Plan $11.6B · 23,661
- Caterpillar Inc. Retirement Income Plan $9.5B · 12,815
- Bp Retirement Accumulation Plan $5.4B · 9,156
Kvaerner Consolidated Retirement Plan's closest out-of-state Defined Benefit (Pension) peers by assets
Outside Texas, the nearest Defined Benefit (Pension) by end-of-year assets is Sivantos Pension Plan in NJ at $31M (this filing: $31M).
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($31M here).
- Sivantos Pension Plan (NJ) $31M · 85
- Urs Government Services Group Pension Plan (VA) $31M · 47
- Wabtec Consolidated Pension Plan (PA) $31M · 204
- Dechert LLP Partners Defined Benefit Plan I (PA) $31M · 244
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.