401(k) · DOL Form 5500 · 2024
Babcock & Wilcox Company 401(k) Plan
Data updated 2026-08-11
- $457M
- Total assets
- 963
- Participants
- 97th
- Percentile by assets
- $475,004
- Avg per participant
Official DOL plan name: The B & W Thrift Plan · Sponsored by Babcock & Wilcox Company · Ohio · Manufacturing
$457M in assets, 963 participants
Babcock & Wilcox Company's The B & W Thrift Plan reported $457M in total assets and 963 participants in its 2024 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.
- 97th percentile by assets (of 123,622 plans)
- #16,920 in Manufacturing (17,777 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, $457M for 963 participants (~$475,004/participant), up 5.4% in 2024.
- $457M
- total plan assets (2024 EOY)
- 963
- covered participants
- 97th
- percentile by assets (of 123,622 plans)
- $475,004
- avg assets per participant
Where The B & W Thrift Plan sits by total assets
The B & W Thrift Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$457,428,680 Top 3% higher than 97% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The B & W Thrift Plan reported net income fell from $33M in the plan year 2023 filing to $23M in the plan year 2024 filing.
- The B & W Thrift Plan reported participants rose from 887 in the plan year 2023 filing to 963 in the plan year 2024 filing.
- The B & W Thrift Plan end-of-year assets rose from $434M in the plan year 2023 filing to $457M in the plan year 2024 filing.
The B & W Thrift Plan vs the 2024 asset distribution
By assets, The B & W Thrift Plan outranks 97% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 4.6x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $434M |
|---|---|
| Net Assets (End of Year) | $457M |
| Net Income | $23M |
| Employer EIN | 132933685 |
| Plan Effective Date | 2015-05-20 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Babcock & Wilcox Company)
| 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.
The B & W Thrift Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
- GE Aerospace Retirement Savings Plan $14.7B · 45,620
- The Kroger Co. 401(k) Retirement Savings Account Plan $11.8B · 135,373
- The Progressive 401(k) Plan $11.5B · 62,521
- The Sherwin-Williams Company 401(k) Plan $10.6B · 47,459
- Parker Retirement Savings Plan $9.0B · 26,315
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The B & W Thrift Plan by total assets, not by location.
- Epson America, Inc. 401(k) Plan (CA) $457M · 1,604
- Burlington Stores Savings Plan (NJ) $457M · 58,934
- Great River Energy 401(k) Retirement Plan (MN) $458M · 628
- Eqt Corporation Employee Savings Plan (PA) $457M · 882
Frequently Asked Questions
How did The B & W Thrift Plan assets move in 2024? ▼
How have Babcock & Wilcox Company plan assets changed over time? ▼
Where does The B & W Thrift Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to The B & W Thrift Plan? ▼
Next read for The B & W Thrift Plan
Scale reading
Ways to act on The B & W Thrift Plan's numbers.
- By total assets, The B & W Thrift Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Ohio. Compare plans
- Babcock & Wilcox Company's sponsor-wide assets have declined 6.2% since 2022 across 3 plan years on file. More Manufacturing plans