401(k) · DOL Form 5500 · 2024
American Bureau of Shipping 401(k) Plan
Data updated 2026-08-11
- $345M
- Total assets
- 1,384
- Participants
- 96th
- Percentile by assets
- $249,213
- Avg per participant
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.
- 96th percentile by assets (of 123,622 plans)
- #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.
- $345M
- total plan assets (2024 EOY)
- 1,384
- covered participants
- 96th
- percentile by assets (of 123,622 plans)
- $249,213
- avg assets per participant
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.
Participants vs Texas filers
In Texas, the average filing covers about 688 participants across 10,116 plans. Abs 401(k) Savings Plan reports 1,384 participants - 2.0x that state average ($345M EOY assets).
Texas filing particulars
| Total Assets (Beginning of Year) | $301M |
|---|---|
| Net Assets (End of Year) | $345M |
| Net Income | $44M |
| Employer EIN | 134921556 |
| Plan Effective Date | 1993-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (American Bureau of Shipping)
| 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
- AT&T Retirement Savings Plan $43.1B · 109,889
- Exxonmobil Savings Plan $23.7B · 21,990
- Chevron Employee Savings Investment Plan $20.4B · 21,505
- Caterpillar 401(k) Savings Plan $18.8B · 43,873
- Southwest Airlines Co. Retirement Savings Plan $17.0B · 67,820
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Abs 401(k) Savings Plan by total assets, not by location.
- Kering Americas, Inc. Retirement and Savings Plan (NJ) $345M · 4,826
- Mgic Profit Sharing and Savings Plan (WI) $345M · 643
- Procore Technologies Retirement Plan (CA) $345M · 3,164
- Coorstek LLC Savings and Investment Plan (CO) $345M · 2,480
Frequently Asked Questions
How did Abs 401(k) Savings Plan assets move in 2024? ▼
How have American Bureau of Shipping plan assets changed over time? ▼
Where does Abs 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Abs 401(k) Savings Plan? ▼
Next read for Abs 401(k) Savings Plan
Filing takeaways
Ways to act on Abs 401(k) Savings Plan's numbers.
- By total assets, Abs 401(k) Savings 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 Texas. Compare plans
- American Bureau of Shipping's sponsor-wide assets have grown 21.5% since 2022 across 3 plan years on file. More Professional & Technical Services plans