401(k) · DOL Form 5500 · 2023

American Bureau of Shipping 401(k) Plan

Data updated 2026-08-25

$301M
Total assets Above avg plan size
1,328
Participants Near avg headcount
96th
Percentile by assets National rank
$226,756
Avg per participant Above avg balance/head
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Official DOL plan name: Abs 401(k) Savings Plan · Sponsored by American Bureau of Shipping · Texas · Professional & Technical Services

$301M in assets, 1,328 participants

American Bureau of Shipping's Abs 401(k) Savings Plan reported $301M in total assets and 1,328 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #19,748 in Professional & Technical Services (20,321 peers)

Where Abs 401(k) Savings Plan sits by assets

Abs 401(k) Savings Plan sits in the top 5% of all filed plans by assets, $301M for 1,328 participants (~$226,756/participant), up 19.1% in 2023.

#19,748
in Professional & Technical Services (20,321 peers)
+19.1%
assets growth YoY
3.0×
vs typical plan assets (national mean)

Abs 401(k) Savings Plan's outsized position by total assets

Abs 401(k) Savings Plan vs every filed plan by assets

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

$301,131,964 Top 4% higher than 96% 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

Abs 401(k) Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Abs 401(k) Savings Plan lands in the large band (1,328 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Abs 401(k) Savings Plan reported net income rose from -$67M in the plan year 2022 filing to $48M in the plan year 2023 filing.
  • Abs 401(k) Savings Plan end-of-year assets rose from $253M in the plan year 2022 filing to $301M in the plan year 2023 filing.
  • Abs 401(k) Savings Plan reported participants rose from 1,221 in the plan year 2022 filing to 1,328 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 134921556 · American Bureau of Shipping PY 2023 · 401(k)

Abs 401(k) Savings Plan · $301M · 1,328 · 96th

  • PCT $301M
  • PCT 1,328
  • PCT 96th
  • PCT 401(k)
  • PCT near Savage Companies Retirement & Employee Savings Plan
  • PCT ind #19748

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 →

Abs 401(k) Savings Plan in the asset neighbourhood

Aristocrat Technologies, Inc. 401(k) Savings PlanAristocrat Technologies, Inc…$301MAbs 401(k) Savings Plan$301MSavage Companies Retirement & Employee Savings PlanSavage Companies Retirement …$301MVentura Foods, LLC Profit Sharing 401(k) PlanVentura Foods, LLC Profit Sh…$301MLong Island Electric Utility Servco LLC Incentive Thrift Plan ILong Island Electric Utility…$301M
End-of-year total assets ($M) among Abs 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$253M
Net Assets (End of Year)$301M
Net Income$48M
Employer EIN134921556
Plan Effective Date1993-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Bureau of Shipping)

Sponsor-wide plan assets over time

All American Bureau of Shipping plans reported in each filing year

Latest sponsor-wide plan assets
$771M 21.547149432406773% vs 2022
2024 filing year
$600M$650M$700M$750M$800M 202220232024 $635M $771M ▲ +21.5%
Year Plans Participants Total Assets
2022 2 2,081 $635M
2023 2 2,123 $753M
2024 2 2,125 $771M

Nearby 401(k) Plans in Texas

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

Abs 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Abs 401(k) Savings Plan, Total assets ($B): 0.301131964 · Participants: 1328Abs 401(k) Savings 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
Abs 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Abs 401(k) Savings Plan side-by-side with 3 peers →

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

Outside Texas, the nearest 401(k) by assets is Savage Companies Retirement & Employee Savings Plan in UT ($301M); by covered participants it is Cennial Company, Inc. 401(k) Profit Sharing Plan in PA (1,328 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,328 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.

Frequently Asked Questions

How did Abs 401(k) Savings Plan assets move in 2023? ▼
Abs 401(k) Savings Plan grew sharply - up 19.1% during 2023, from $253M to $301M. Reported net income was $48M.
How have American Bureau of Shipping plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), American Bureau of Shipping's sponsor-wide assets grew 21.5%, from $635M to $771M.
Where does Abs 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Abs 401(k) Savings Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Abs 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Savage Companies Retirement & Employee Savings Plan in UT ($301M, 3,786 participants).
Which 401(k) plans cover a similar participant headcount to Abs 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Cennial Company, Inc. 401(k) Profit Sharing Plan in PA (1,328 participants, $10M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 134921556.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.