Defined Benefit (Pension) · DOL Form 5500 · 2023
The Esab Group, Inc. Pension Plan
Data updated 2026-08-25
- $146M
- Total assets Near avg plan size
- 164
- Participants Small participant base
- 93rd
- Percentile by assets National rank
- $891,675
- Avg per participant High balance/head
Official DOL plan name: The Esab Group, Inc. Consolidated Retirement Plan · Sponsored by The Esab Group, Inc. · Maryland · Manufacturing
$146M in assets, 164 participants
The Esab Group, Inc.'s The Esab Group, Inc. Consolidated Retirement Plan reported $146M in total assets and 164 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.
- #16,838 in Manufacturing (18,722 peers)
Coverage in Maryland
The Esab Group, Inc. Consolidated Retirement Plan covers 164 participants in Maryland, about 18% of the average Maryland filer (state average ~929 per filing). Assets: $146M.
- #16,838
- in Manufacturing (18,722 peers)
- -2.1%
- assets change YoY
- 1.5×
- vs typical plan assets (national mean)
The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
The Esab Group, Inc. Consolidated Retirement Plan's outsized position by total assets
The Esab Group, Inc. Consolidated Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$146,234,705 Top 7% higher than 93% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
The Esab Group, Inc. Consolidated Retirement Plan among mid-size filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Esab Group, Inc. Consolidated Retirement Plan sits mid-pack in the medium band (164 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- The Esab Group, Inc. Consolidated Retirement Plan reported net income rose from -$53M in the plan year 2022 filing to -$2M in the plan year 2023 filing.
- The Esab Group, Inc. Consolidated Retirement Plan reported participants fell from 187 in the plan year 2022 filing to 164 in the plan year 2023 filing.
- The Esab Group, Inc. Consolidated Retirement Plan end-of-year assets fell from $149M in the plan year 2022 filing to $146M in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 840966648 · The Esab Group, Inc. PY 2023 · Defined Benefit (Pension)
The Esab Group, Inc. Consolidated Retirement Plan · $146M · 164 · 93rd
- VS-ST $146M
- BOY 164
- SCH 93rd
- EBSA Defined Benefit (Pension)
- PART near Fci, Inc. Pension Plan for Bargaining Unit Employees - Marshalltown, Iowa
- TYPE ind #16838
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 Maryland →
The Esab Group, Inc. Consolidated Retirement Plan in the asset neighbourhood
Maryland filing particulars
| Total Assets (Beginning of Year) | $149M |
|---|---|
| Net Assets (End of Year) | $146M |
| Net Income | -$2M |
| Employer EIN | 840966648 |
| Plan Effective Date | 1987-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Esab Group, Inc.)
Sponsor-wide plan assets over time
All The Esab Group, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $362M 12.701201459705883% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,312 | $321M |
| 2023 | 2 | 1,198 | $347M |
| 2024 | 2 | 1,304 | $362M |
Nearby Defined Benefit (Pension) Plans in Maryland
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- National Electrical Benefit Fund $18.9B · 323,315
- Lockheed Martin Corporation Salaried Employee Retirement Program $18.4B · 19,673
- Major League Baseball Players Pension Plan $4.6B · 1,087
- National Automatic Sprinkler Industry Pension Fund $4.5B · 15,047
- International Painters and Allied Trades Industry Pension Plan $4.2B · 44,973
The Esab Group, Inc. Consolidated Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Maryland, the nearest Defined Benefit (Pension) by assets is Fci, Inc. Pension Plan for Bargaining Unit Employees - Marshalltown, Iowa in MO ($146M); by covered participants it is National Fire Protection Association Employees' Retirement Plan in MA (164 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($146M here).
Similar participant headcount
Nearest other-state filings by covered participants (164 participants); asset peers above are excluded.
- National Fire Protection Association Employees' Retirement Plan (MA) 164 · 0 off
- Senior Operations LLC Pension Plan for Hourly Employees at Burbank, Ca Represented by UAW Local 509 (IL) 164 · 0 off
- Okuma America Corporation Pension Plan (NC) 164 · 0 off
- Agfa Corporation Pension Plan (NJ) 164 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.