401(k) · DOL Form 5500 · 2024

Ballard Power Corporation 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
20
Participants Small participant base
54th
Percentile by assets National rank
$463,409
Avg per participant High balance/head
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Official DOL plan name: Ballard Power Corporation 401(k) Plan · Sponsored by Ballard Power Corporation · · Manufacturing

$9M in assets, 20 participants

Ballard Power Corporation's Ballard Power Corporation 401(k) Plan reported $9M in total assets and 20 participants in its 2024 DOL Form 5500 filing, ranking in the 54th 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.

  • #7,012 in Manufacturing (17,777 peers)

Ballard Power Corporation multi-year trail

Ballard Power Corporation's plans moved -53.0% in assets from 2022 to 2024; this filing shows Ballard Power Corporation 401(k) Plan at $9M / 20 participants.

#7,012
in Manufacturing (17,777 peers)
+23.3%
assets growth YoY

Ballard Power Corporation 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Ballard Power Corporation 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$9,268,172 Top 46% higher than 54% of 123,620 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 2024

Ballard Power Corporation 401(k) Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ballard Power Corporation 401(k) Plan is a small filing (20 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ballard Power Corporation 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to $260K in the plan year 2024 filing.
  • Ballard Power Corporation 401(k) Plan reported participants rose from 15 in the plan year 2023 filing to 20 in the plan year 2024 filing.
  • Ballard Power Corporation 401(k) Plan end-of-year assets rose from $8M in the plan year 2023 filing to $9M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 954392311 · Ballard Power Corporation PY 2024 · 401(k)

Ballard Power Corporation 401(k) Plan · $9M · 20 · 54th

  • NET $9M
  • NET 20
  • NET 54th
  • NET 401(k)
  • NET near Optima, Inc. 401(k) Profit Sharing Plan
  • NET ind #7012

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 →

Ballard Power Corporation 401(k) Plan in the asset neighbourhood

Ballard Power Corporation 401(k) PlanBallard Power Corporation 40…$9MOptima, Inc. 401(k) Profit Sharing PlanOptima, Inc. 401(k) Profit S…$9MTexas Petroleum Group, LLC 401(k) PlanTexas Petroleum Group, LLC 4…$9MAstar Capital Management, Inc. 401(k) Profit Sharing PlanAstar Capital Management, In…$9MBrahmin Leather Works LLC, 401(k) Savings PlanBrahmin Leather Works LLC, 4…$9M
End-of-year total assets ($M) among Ballard Power Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Ballard Power Corporation multi-year asset trail

Sponsor-wide plan assets over time

All Ballard Power Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$9M 53.01297680639267% vs 2022
2024 filing year
$5M$10M$15M$20M$25M 202220232024 $19.7M $9.27M ▼ -53.0%
Year Plans Participants Total Assets
2022 2 15 $20M
2023 2 16 $15M
2024 1 20 $9M

Ballard Power Corporation filing trail (2024)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$260K
Employer EIN954392311
Plan Effective Date2001-05-26
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in

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

Ballard Power Corporation 401(k) Plan vs. nearby 401(k) plans in , assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants Ballard Power Corporation 401(k) Plan, Total assets ($B): 0.009268172 · Participants: 20Ballard Power Corporation 401(k) PlanThe Magna Group of Companies Retirement Savings Plans, Total assets ($B): 2.470105136 · Participants: 25008The Magna Group of Companies Retirement Savings PlansTranscanada 401(k) and Savings Plan, Total assets ($B): 1.123853711 · Participants: 3435Transcanada 401(k) and Savings PlanFour Seasons Hotels Retirement Benefit Plan, Total assets ($B): 0.978593813 · Participants: 15818Four Seasons Hotels Retirement Benefit PlanTransocean U.S. Savings Plan, Total assets ($B): 0.838696657 · Participants: 2151Transocean U.S. Savings PlanRetirement Plan for Employees of Scotiabank U. S. 401(k), Total assets ($B): 0.492647008 · Participants: 1430Retirement Plan for Employees of Scotiabank U. S. 401(k)
Ballard Power Corporation 401(k) Plan vs. nearby 401(k) plans in , assets vs. participants
Compare Ballard Power Corporation 401(k) Plan side-by-side with 3 peers →

Ballard Power Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside this state, the nearest 401(k) by assets is Optima, Inc. 401(k) Profit Sharing Plan in IL ($9M); by covered participants it is Aae 401(k) Retirement Plan in MN (20 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (20 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Ballard Power Corporation 401(k) Plan assets move in 2024? ▼
Ballard Power Corporation 401(k) Plan grew sharply - up 23.3% during 2024, from $8M to $9M. Reported net income was $260K.
How have Ballard Power Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ballard Power Corporation's sponsor-wide assets declined 53.0%, from $20M to $9M.
Which 401(k) plans are similar in size to Ballard Power Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Optima, Inc. 401(k) Profit Sharing Plan in IL ($9M, 105 participants).
Which 401(k) plans cover a similar participant headcount to Ballard Power Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Aae 401(k) Retirement Plan in MN (20 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 954392311.

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.