Defined Benefit (Pension) · DOL Form 5500 · 2023
The Babcock & Wilcox Company Pension Plan
Data updated 2026-08-25
- $683M
- Total assets Above avg plan size
- 328
- Participants Below avg headcount
- 98th
- Percentile by assets National rank
- $2.1M
- Avg per participant High balance/head
Official DOL plan name: Retirement Plan for Employees of Babcock & Wilcox Commercial Operations · Sponsored by The Babcock & Wilcox Company · Ohio · Manufacturing
$683M in assets, 328 participants
The Babcock & Wilcox Company's Retirement Plan for Employees of Babcock & Wilcox Commercial Operations reported $683M in total assets and 328 participants in its 2023 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.
- #18,111 in Manufacturing (18,722 peers)
Coverage in Ohio
Retirement Plan for Employees of Babcock & Wilcox Commercial Operations covers 328 participants in Ohio, about 43% of the average Ohio filer (state average ~765 per filing). Assets: $683M.
- #18,111
- in Manufacturing (18,722 peers)
- -5.9%
- assets change YoY
- 6.8×
- vs typical plan assets (national mean)
The plan reported a net loss of $43M 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 2023 · DOL Form 5500
$682,702,156 Top 2% higher than 98% 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
Retirement Plan for Employees of Babcock & Wilcox Commercial Operations 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. Retirement Plan for Employees of Babcock & Wilcox Commercial Operations sits mid-pack in the medium band (328 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Retirement Plan for Employees of Babcock & Wilcox Commercial Operations reported net income rose from -$247M in the plan year 2022 filing to -$43M in the plan year 2023 filing.
- Retirement Plan for Employees of Babcock & Wilcox Commercial Operations end-of-year assets fell from $725M in the plan year 2022 filing to $683M in the plan year 2023 filing.
- Retirement Plan for Employees of Babcock & Wilcox Commercial Operations reported participants fell from 348 in the plan year 2022 filing to 328 in the plan year 2023 filing.
DOL schedule card
Filing strip 132933685 · The Babcock & Wilcox Company PY 2023 · Defined Benefit (Pension)
Retirement Plan for Employees of Babcock & Wilcox Commercial Operations · $683M · 328 · 98th
- EOY $683M
- 5500 328
- ASSETS 98th
- PCT Defined Benefit (Pension)
- EIN near Teamsters Negotiated Pension Plan
- RANK ind #18111
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
Ohio filing particulars
| Total Assets (Beginning of Year) | $725M |
|---|---|
| Net Assets (End of Year) | $683M |
| Net Income | -$43M |
| Employer EIN | 132933685 |
| Plan Effective Date | 2005-02-01 |
| Filing Status | FILING 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
| 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.
- Firstenergy Corp. Master Pension Plan $7.1B · 12,304
- Nationwide Retirement Plan $5.3B · 22,311
- American Electric Power System Retirement Plan $4.5B · 15,595
- Parker Defined Benefit Plan $3.7B · 191
- Ohio Operating Engineers Pension Plan $3.6B · 10,029
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 Teamsters Negotiated Pension Plan in MO ($683M); by covered participants it is Ithink Financial Credit Union Cash Balance Defined Benefit Plan and Trust in FL (328 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($683M here).
- Teamsters Negotiated Pension Plan (MO) $683M · 2,276
- Adm Retirement Plan (IL) $683M · 7,840
- Johns Hopkins University Support Staff Pension Plan (MD) $685M · 2,815
- Medstar Health, Inc. Cash Balance Retirement Plan (MD) $680M · 2,295
Similar participant headcount
Nearest other-state filings by covered participants (328 participants); asset peers above are excluded.
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.