401(k) · DOL Form 5500 · 2023
Barnes Group Inc. 401(k) Plan
Data updated 2026-08-11
- $320M
- Total assets
- 1,745
- Participants
- 96th
- Percentile by assets
- $183,449
- Avg per participant
Official DOL plan name: Barnes Group Inc. Retirement Savings Plan · Sponsored by Barnes Group Inc. · Connecticut · Manufacturing
$320M in assets, 1,745 participants
Barnes Group Inc.'s Barnes Group Inc. Retirement Savings Plan reported $320M in total assets and 1,745 participants in its 2023 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 127,072 plans)
- #17,624 in Manufacturing (18,722 peers)
Coverage in Connecticut
Barnes Group Inc. Retirement Savings Plan covers 1,745 participants in Connecticut, 2.4x the typical Connecticut plan (state average ~718 per filing). Assets: $320M.
- $320M
- total plan assets (2023 EOY)
- 1,745
- covered participants
- 96th
- percentile by assets (of 127,072 plans)
- $183,449
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Barnes Group Inc. Retirement Savings Plan reported net income fell from $42M in the plan year 2022 filing to $21M in the plan year 2023 filing.
- Barnes Group Inc. Retirement Savings Plan reported participants rose from 1,496 in the plan year 2022 filing to 1,745 in the plan year 2023 filing.
- Barnes Group Inc. Retirement Savings Plan end-of-year assets rose from $299M in the plan year 2022 filing to $320M in the plan year 2023 filing.
Participants vs Connecticut filers
In Connecticut, the average filing covers about 718 participants across 1,906 plans. Barnes Group Inc. Retirement Savings Plan reports 1,745 participants - 2.4x that state average ($320M EOY assets).
Connecticut filing particulars
| Total Assets (Beginning of Year) | $299M |
|---|---|
| Net Assets (End of Year) | $320M |
| Net Income | $21M |
| Employer EIN | 060247840 |
| Plan Effective Date | 1984-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Barnes Group Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 7 | 2,050 | $618M |
| 2023 | 7 | 2,261 | $652M |
| 2024 | 5 | 237 | $300M |
Nearby 401(k) Plans in Connecticut
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Barnes Group Inc. Retirement Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
- Rtx Savings Plan $52.8B · 123,037
- Citi Retirement Savings Plan $20.7B · 77,865
- The Hartford Investment and Savings Plan $6.5B · 18,377
- Xerox Corporation Savings Plan $3.9B · 10,291
- Eversource 401(k) Plan $3.8B · 9,504
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Barnes Group Inc. Retirement Savings Plan by total assets, not by location.
- Convergint Technologies LLC 401(k) Profit Sharing Plan (IL) $320M · 5,152
- The First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & Trust (TX) $320M · 1,523
- Retirement Savings Plan of Newmont (CO) $320M · 1,166
- Lyft 401(k) Plan (CA) $320M · 3,559
Frequently Asked Questions
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Filing takeaways
Ways to act on Barnes Group Inc. Retirement Savings Plan's numbers.
- By total assets, Barnes Group Inc. Retirement 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 Connecticut. Compare plans
- Barnes Group Inc.'s sponsor-wide assets have declined 51.4% since 2022 across 3 plan years on file. More Manufacturing plans