401(k) · DOL Form 5500 · 2023
Babcock & Wilcox Company 401(k) Plan
Data updated 2026-08-25
- $434M
- Total assets Above avg plan size
- 887
- Participants Near avg headcount
- 97th
- Percentile by assets National rank
- $489,264
- Avg per participant High balance/head
Official DOL plan name: The B & W Thrift Plan · Sponsored by Babcock & Wilcox Company · Ohio · Manufacturing
$434M in assets, 887 participants
Babcock & Wilcox Company's The B & W Thrift Plan reported $434M in total assets and 887 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.
- #17,853 in Manufacturing (18,722 peers)
Where The B & W Thrift Plan sits by assets
The B & W Thrift Plan sits in the top 5% of all filed plans by assets, $434M for 887 participants (~$489,264/participant), up 8.3% in 2023.
- #17,853
- in Manufacturing (18,722 peers)
- +8.3%
- assets growth YoY
- 4.4×
- vs typical plan assets (national mean)
The B & W Thrift Plan's outsized position by total assets
The B & W Thrift Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$433,976,794 Top 3% higher than 97% 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 B & W Thrift 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 B & W Thrift Plan sits mid-pack in the medium band (887 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- The B & W Thrift Plan reported net income rose from -$94M in the plan year 2022 filing to $33M in the plan year 2023 filing.
- The B & W Thrift Plan reported participants rose from 657 in the plan year 2022 filing to 887 in the plan year 2023 filing.
- The B & W Thrift Plan end-of-year assets rose from $401M in the plan year 2022 filing to $434M in the plan year 2023 filing.
DOL schedule card
Filing strip 132933685 · Babcock & Wilcox Company PY 2023 · 401(k)
The B & W Thrift Plan · $434M · 887 · 97th
- PART $434M
- PART 887
- PART 97th
- PART 401(k)
- PART near Saul Ewing Retirement Plan
- PART ind #17853
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 →
The B & W Thrift Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $401M |
|---|---|
| Net Assets (End of Year) | $434M |
| Net Income | $33M |
| Employer EIN | 132933685 |
| Plan Effective Date | 2015-05-20 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Babcock & Wilcox Company)
Sponsor-wide plan assets over time
All 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 401(k) Plans in Ohio
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- GE Retirement Savings Plan $19.5B · 59,766
- The Sherwin-Williams Company 401(k) Plan $10.1B · 47,362
- The Progressive 401(k) Plan $9.2B · 56,176
- The Kroger Co. 401(k) Retirement Savings Account Plan $8.4B · 129,769
- Nationwide Savings Plan $7.6B · 24,715
The B & W Thrift Plan's out-of-state 401(k) peers by assets and headcount
Outside Ohio, the nearest 401(k) by assets is Saul Ewing Retirement Plan in PA ($434M); by covered participants it is Bosselman Employee Retirement Plan in NE (887 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($434M here).
- Saul Ewing Retirement Plan (PA) $434M · 755
- Wynn Resorts, Limited 401(k) Plan (NV) $434M · 9,651
- J. F. Shea Company, Inc. Retirement Savings Plan (CA) $434M · 1,978
- Hawaii Medical Service Association Employee Thrift Plan (HI) $434M · 1,255
Similar participant headcount
Nearest other-state filings by covered participants (887 participants); asset peers above are excluded.
- Bosselman Employee Retirement Plan (NE) 887 · 0 off
- Creative Financial Staffing 401(k) Plan (MA) 887 · 0 off
- Nextiva 401(k) Plan (AZ) 887 · 0 off
- Esse Health Profit Sharing Plan (MO) 887 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.