401(k) · DOL Form 5500 · 2023

Bp Scale Up Factory North America Inc 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
70
Participants Small participant base
32nd
Percentile by assets National rank
$32,638
Avg per participant Low balance/head
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Official DOL plan name: Bp Launchpad 401(k) Plan · Sponsored by Bp Scale Up Factory North America Inc · Texas · Utilities

$2M in assets, 70 participants

Bp Scale Up Factory North America Inc's Bp Launchpad 401(k) Plan reported $2M in total assets and 70 participants in its 2023 DOL Form 5500 filing, ranking in the 32nd 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.

  • #71 in Utilities (721 peers)

Utilities sector rank

Within Utilities, Bp Launchpad 401(k) Plan ranks #71 of 721 2023 filers by assets (23501% of the sector average)-$2M for 70 participants.

#71
in Utilities (721 peers)
+11.1%
assets growth YoY

Bp Launchpad 401(k) Plan among the smaller filed plans by assets

Bp Launchpad 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$2,284,658 32nd percentile higher than 32% of 127,068 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 2023

Bp Launchpad 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bp Launchpad 401(k) Plan is a small filing (70 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bp Launchpad 401(k) Plan reported net income fell from $551K in the plan year 2022 filing to $228K in the plan year 2023 filing.
  • Bp Launchpad 401(k) Plan end-of-year assets rose from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 881440567 · Bp Scale Up Factory North America Inc PY 2023 · 401(k)

Bp Launchpad 401(k) Plan · $2M · 70 · 32nd

  • SCH $2M
  • SCH 70
  • SCH 32nd
  • SCH 401(k)
  • SCH near Great Elm Capital Management, Inc. 401(k) Retirement Plan
  • SCH ind #71

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 Utilities retirement plans → · Plans in Texas →

Bp Launchpad 401(k) Plan in the asset neighbourhood

Bp Launchpad 401(k) Plan$2MGreat Elm Capital Management, Inc. 401(k) Retirement PlanGreat Elm Capital Management…$2MMelvin D. Thornbury, Jr., M.D., P.C. Profit Sharing PlanMelvin D. Thornbury, Jr., M.…$2MWoodman's Inc. 401(k) Plan$2MAuthentic Drilling Retirement PlanAuthentic Drilling Retiremen…$2M
End-of-year total assets ($M) among Bp Launchpad 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Utilities filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$228K
Employer EIN881440567
Plan Effective Date2022-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bp Scale Up Factory North America Inc)

Sponsor-wide plan assets over time

All Bp Scale Up Factory North America Inc plans reported in each filing year

Latest sponsor-wide plan assets
$3M 23.94236557299411% vs 2022
2024 filing year
$2M$2.2M$2.4M$2.6M 202220232024 $2.06M $2.55M ▲ +23.8%
Year Plans Participants Total Assets
2022 1 70 $2M
2023 1 70 $2M
2024 2 4 $3M

Nearby 401(k) Plans in Texas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Bp Launchpad 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Bp Launchpad 401(k) Plan, Total assets ($B): 0.002284658 · Participants: 70Bp Launchpad 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Bp Launchpad 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Bp Launchpad 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Great Elm Capital Management, Inc. 401(k) Retirement Plan in MA ($2M); by covered participants it is The Everbrite, LLC Retirement Plan for Employees Represented by the Madison IBEW Local #965 Pension Plan in WI (70 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Bp Launchpad 401(k) Plan assets move in 2023?
Bp Launchpad 401(k) Plan grew at a solid clip - up 11.1% during 2023, from $2M to $2M. Reported net income was $228K.
How have Bp Scale Up Factory North America Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Bp Scale Up Factory North America Inc's sponsor-wide assets grew 23.9%, from $2M to $3M.
Which 401(k) plans are similar in size to Bp Launchpad 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Great Elm Capital Management, Inc. 401(k) Retirement Plan in MA ($2M, 25 participants).
Which 401(k) plans cover a similar participant headcount to Bp Launchpad 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is The Everbrite, LLC Retirement Plan for Employees Represented by the Madison IBEW Local #965 Pension Plan in WI (70 participants, $6M in assets).