Defined Benefit (Pension) · DOL Form 5500 · 2023

Babcock Power Inc. Pension Plan

Data updated 2026-08-25

$34M
Total assets Below avg plan size
99
Participants Small participant base
81st
Percentile by assets National rank
$348,225
Avg per participant High balance/head
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Official DOL plan name: Babcock Power Pension Plan · Sponsored by Babcock Power Inc. · Massachusetts · Manufacturing

$34M in assets, 99 participants

Babcock Power Inc.'s Babcock Power Pension Plan reported $34M in total assets and 99 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #13,741 in Manufacturing (18,722 peers)

Where Babcock Power Pension Plan sits by assets

Babcock Power Pension Plan sits in the top quartile of all filed plans by assets, $34M for 99 participants (~$348,225/participant), up 4.7% in 2023.

#13,741
in Manufacturing (18,722 peers)
+4.7%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Babcock Power Pension Plan's outsized position by total assets

Babcock Power Pension Plan vs every filed plan by assets

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

$34,474,228 Top 19% higher than 81% 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

Babcock Power Pension 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. Babcock Power Pension Plan is a small filing (99 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Babcock Power Pension Plan reported net income rose from -$524K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Babcock Power Pension Plan reported participants fell from 108 in the plan year 2022 filing to 99 in the plan year 2023 filing.
  • Babcock Power Pension Plan end-of-year assets rose from $33M in the plan year 2022 filing to $34M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 043719625 · Babcock Power Inc. PY 2023 · Defined Benefit (Pension)

Babcock Power Pension Plan · $34M · 99 · 81st

  • EIN $34M
  • EIN 99
  • EIN 81st
  • EIN Defined Benefit (Pension)
  • EIN near International Association of Heat, Frost Insulators & Allied Workers Lu 91 Pension Fund
  • EIN ind #13741

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 Massachusetts →

Babcock Power Pension Plan in the asset neighbourhood

International Association of Heat, Frost Insulators & Allied Workers Lu 91 Pension FundInternational Association of…$35MBabcock Power Pension Plan$34MKoroseal Interior Products Retirement Income PlanKoroseal Interior Products R…$34MCentral States Joint Board and Allied Organizations Staff Pension PlanCentral States Joint Board a…$34MSun Health Corporation Pension PlanSun Health Corporation Pensi…$34M
End-of-year total assets ($M) among Babcock Power Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$34M
Net Income$1M
Employer EIN043719625
Plan Effective Date1990-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Babcock Power Inc.)

Sponsor-wide plan assets over time

All Babcock Power Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$252M 26.890077757346166% vs 2022
2024 filing year
$180M$200M$220M$240M$260M 202220232024 $199M $252M ▲ +26.9%
Year Plans Participants Total Assets
2022 2 1,180 $199M
2023 2 1,097 $231M
2024 2 1,428 $252M

Nearby Defined Benefit (Pension) Plans in Massachusetts

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Babcock Power Pension Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Babcock Power Pension Plan, Total assets ($B): 0.034474228 · Participants: 99Babcock Power Pension PlanConsolidated Cash Balance Program of Mass General Brigham and Member Organizations, Total assets ($B): 10.325856564 · Participants: 58745Consolidated Cash Balance Program of Mass General Brigham and Member OrganizationsNew England Teamsters Pension Fund, Total assets ($B): 9.092299586 · Participants: 21786New England Teamsters Pension FundLiberty Mutual Retirement Benefit Plan, Total assets ($B): 6.892259637 · Participants: 37145Liberty Mutual Retirement Benefit PlanMassachusetts Institute of Technology Basic Retirement Plan, Total assets ($B): 5.381626447 · Participants: 11888Massachusetts Institute of Technology Basic Retirement PlanN. Atlantic States Carp. Pension Fund, Total assets ($B): 4.973349354 · Participants: 17166N. Atlantic States Carp. Pension Fund
Babcock Power Pension Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare Babcock Power Pension Plan side-by-side with 3 peers →

Babcock Power Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is International Association of Heat, Frost Insulators & Allied Workers Lu 91 Pension Fund in NY ($35M); by covered participants it is Local 1102 Retirement Trust in NY (99 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (99 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 Babcock Power Pension Plan assets move in 2023? ▼
Babcock Power Pension Plan edged up modestly - up 4.7% during 2023, from $33M to $34M. Reported net income was $1M.
How have Babcock Power Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Babcock Power Inc.'s sponsor-wide assets grew 26.9%, from $199M to $252M.
Where does Babcock Power Pension Plan rank by assets among Form 5500 filers? ▼
Babcock Power Pension Plan ranks in the 81st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Babcock Power Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is International Association of Heat, Frost Insulators & Allied Workers Lu 91 Pension Fund in NY ($35M, 64 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Babcock Power Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Local 1102 Retirement Trust in NY (99 participants, $36M 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 043719625.

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.