401(k) · DOL Form 5500 · 2024

American Bureau of Shipping 401(k) Plan

Data updated 2026-08-25

$345M
Total assets Above avg plan size
1,384
Participants Near avg headcount
96th
Percentile by assets National rank
$249,213
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Abs 401(k) Savings Plan · Sponsored by American Bureau of Shipping · Texas · Professional & Technical Services

$345M in assets, 1,384 participants

American Bureau of Shipping's Abs 401(k) Savings Plan reported $345M in total assets and 1,384 participants in its 2024 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.

  • #19,611 in Professional & Technical Services (20,173 peers)

Coverage in Texas

Abs 401(k) Savings Plan covers 1,384 participants in Texas, 2.0x the typical Texas plan (state average ~688 per filing). Assets: $345M.

#19,611
in Professional & Technical Services (20,173 peers)
+14.5%
assets growth YoY
3.5×
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 2024 · DOL Form 5500

$344,910,214 Top 4% higher than 96% 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

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

Plan-year 2024 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 (1,384 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Abs 401(k) Savings Plan end-of-year assets rose from $301M in the plan year 2023 filing to $345M in the plan year 2024 filing.
  • Abs 401(k) Savings Plan reported net income fell from $48M in the plan year 2023 filing to $44M in the plan year 2024 filing.
  • Abs 401(k) Savings Plan reported participants rose from 1,328 in the plan year 2023 filing to 1,384 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 134921556 · American Bureau of Shipping PY 2024 · 401(k)

Abs 401(k) Savings Plan · $345M · 1,384 · 96th

  • EIN $345M
  • RANK 1,384
  • PHOTO 96th
  • IND 401(k)
  • EOY near Kering Americas, Inc. Retirement and Savings Plan
  • 5500 ind #19611

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

Procore Technologies Retirement PlanProcore Technologies Retirem…$345MKering Americas, Inc. Retirement and Savings PlanKering Americas, Inc. Retire…$345MAbs 401(k) Savings Plan$345MMgic Profit Sharing and Savings PlanMgic Profit Sharing and Savi…$345MCoorstek LLC Savings and Investment PlanCoorstek LLC Savings and Inv…$345M
End-of-year total assets ($M) among Abs 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$301M
Net Assets (End of Year)$345M
Net Income$44M
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): 0.344910214 · Participants: 1384Abs 401(k) Savings PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings 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 Kering Americas, Inc. Retirement and Savings Plan in NJ ($345M); by covered participants it is Quality Restaurant Concepts, LLC 401(k) Retirement Plan in AL (1,384 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($345M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,384 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 Abs 401(k) Savings Plan assets move in 2024? ▼
Abs 401(k) Savings Plan grew at a solid clip - up 14.5% during 2024, from $301M to $345M. Reported net income was $44M.
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 123,622 plans that reported assets for plan year 2024 (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 Kering Americas, Inc. Retirement and Savings Plan in NJ ($345M, 4,826 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 Quality Restaurant Concepts, LLC 401(k) Retirement Plan in AL (1,384 participants, $7M 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 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.