Defined Benefit (Pension) · DOL Form 5500 · 2024
The Esab Group, Inc. Pension Plan
Data updated 2026-08-25
- $140M
- Total assets Near avg plan size
- 143
- Participants Small participant base
- 93rd
- Percentile by assets National rank
- $979,177
- Avg per participant High balance/head
Official DOL plan name: The Esab Group, Inc. Consolidated Retirement Plan · Sponsored by The Esab Group, Inc. · Maryland · Manufacturing
$140M in assets, 143 participants
The Esab Group, Inc.'s The Esab Group, Inc. Consolidated Retirement Plan reported $140M in total assets and 143 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.
- #15,788 in Manufacturing (17,777 peers)
Coverage in Maryland
The Esab Group, Inc. Consolidated Retirement Plan covers 143 participants in Maryland, about 15% of the average Maryland filer (state average ~929 per filing). Assets: $140M.
- #15,788
- in Manufacturing (17,777 peers)
- -4.2%
- assets change YoY
- 1.4×
- vs typical plan assets (national mean)
The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
The Esab Group, Inc. Consolidated Retirement Plan's outsized position by total assets
The Esab Group, Inc. Consolidated Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$140,022,356 Top 7% higher than 93% 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
The Esab Group, Inc. Consolidated Retirement Plan among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Esab Group, Inc. Consolidated Retirement Plan sits mid-pack in the medium band (143 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The Esab Group, Inc. Consolidated Retirement Plan reported net income fell from -$2M in the plan year 2023 filing to -$7M in the plan year 2024 filing.
- The Esab Group, Inc. Consolidated Retirement Plan reported participants fell from 164 in the plan year 2023 filing to 143 in the plan year 2024 filing.
- The Esab Group, Inc. Consolidated Retirement Plan end-of-year assets fell from $146M in the plan year 2023 filing to $140M in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 840966648 · The Esab Group, Inc. PY 2024 · Defined Benefit (Pension)
The Esab Group, Inc. Consolidated Retirement Plan · $140M · 143 · 93rd
- 5500 $140M
- ASSETS 143
- PCT 93rd
- EIN Defined Benefit (Pension)
- RANK near St. Lukes-Roosevelt Hospital Center Employees' Pension Plan
- PHOTO ind #15788
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 Maryland →
The Esab Group, Inc. Consolidated Retirement Plan in the asset neighbourhood
Maryland filing particulars
| Total Assets (Beginning of Year) | $146M |
|---|---|
| Net Assets (End of Year) | $139M |
| Net Income | -$7M |
| Employer EIN | 840966648 |
| Plan Effective Date | 1987-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Esab Group, Inc.)
Sponsor-wide plan assets over time
All The Esab Group, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $362M 12.701201459705883% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,312 | $321M |
| 2023 | 2 | 1,198 | $347M |
| 2024 | 2 | 1,304 | $362M |
Nearby Defined Benefit (Pension) Plans in Maryland
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- National Electrical Benefit Fund $20.4B · 332,362
- Lockheed Martin Corporation Salaried Employee Retirement Program $18.3B · 18,014
- Bakery & Confectionery Union & Industry International Pension Fund $6.6B · 14,954
- National Automatic Sprinkler Industry Pension Fund $4.8B · 15,964
- Major League Baseball Players Pension Plan $4.8B · 1,091
The Esab Group, Inc. Consolidated Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Maryland, the nearest Defined Benefit (Pension) by assets is St. Lukes-Roosevelt Hospital Center Employees' Pension Plan in NY ($140M); by covered participants it is Retirement Plan for Employees of La Capitol Federal Credit Union in LA (143 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($140M here).
- St. Lukes-Roosevelt Hospital Center Employees' Pension Plan (NY) $140M · 294
- Sound Variable Annuity Pension Trust (WA) $140M · 81,755
- Spire Retirement Income Plan (AL) $140M · 1,041
- Domtar US Hourly Pension Plan () $140M · 1,206
Similar participant headcount
Nearest other-state filings by covered participants (143 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.