401(k) · DOL Form 5500 · 2023

Barnes Group Inc. 401(k) Plan

Data updated 2026-08-25

$320M
Total assets Above avg plan size
1,745
Participants Near avg headcount
96th
Percentile by assets National rank
$183,449
Avg per participant Above avg balance/head
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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.

  • #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.

#17,624
in Manufacturing (18,722 peers)
+6.9%
assets growth YoY
3.2×
vs typical plan assets (national mean)

Barnes Group Inc. Retirement Savings Plan's outsized position by total assets

Barnes Group Inc. Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$320,119,132 Top 4% higher than 96% of 127,068 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 2023

Barnes Group Inc. Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Barnes Group Inc. Retirement Savings Plan lands in the large band (1,745 participants).

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.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 060247840 · Barnes Group Inc. PY 2023 · 401(k)

Barnes Group Inc. Retirement Savings Plan · $320M · 1,745 · 96th

  • TYPE $320M
  • TYPE 1,745
  • TYPE 96th
  • TYPE 401(k)
  • TYPE near Convergint Technologies LLC 401(k) Profit Sharing Plan
  • TYPE ind #17624

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 Connecticut →

Barnes Group Inc. Retirement Savings Plan in the asset neighbourhood

Lyft 401(k) Plan$320MConvergint Technologies LLC 401(k) Profit Sharing PlanConvergint Technologies LLC …$320MBarnes Group Inc. Retirement Savings PlanBarnes Group Inc. Retirement…$320MThe First Financial Bankshares Inc 401(k) Profit Sharing and Employee Stock Ownership Plan & TrustThe First Financial Bankshar…$320MRetirement Savings Plan of NewmontRetirement Savings Plan of N…$320M
End-of-year total assets ($M) among Barnes Group Inc. Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Connecticut filing particulars

Total Assets (Beginning of Year)$299M
Net Assets (End of Year)$320M
Net Income$21M
Employer EIN060247840
Plan Effective Date1984-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Barnes Group Inc.)

Sponsor-wide plan assets over time

All Barnes Group Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$300M 51.41966266463092% vs 2022
2024 filing year
$200M$400M$600M$800M 202220232024 $618M $300M ▼ -51.4%
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 Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Barnes Group Inc. Retirement Savings Plan, Total assets ($B): 0.320119132 · Participants: 1745Barnes Group Inc. Retirement Savings PlanRtx Savings Plan, Total assets ($B): 52.759784 · Participants: 123037Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 20.653030659 · Participants: 77865Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 6.478512 · Participants: 18377The Hartford Investment and Savings PlanXerox Corporation Savings Plan, Total assets ($B): 3.948866 · Participants: 10291Xerox Corporation Savings PlanEversource 401(k) Plan, Total assets ($B): 3.751712453 · Participants: 9504Eversource 401(k) Plan
Barnes Group Inc. Retirement Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Barnes Group Inc. Retirement Savings Plan side-by-side with 3 peers →

Barnes Group Inc. Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Convergint Technologies LLC 401(k) Profit Sharing Plan in IL ($320M); by covered participants it is Avaya Inc. Savings Plan for Salaried Employees in NJ (1,745 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,745 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Barnes Group Inc. Retirement Savings Plan assets move in 2023? ▼
Barnes Group Inc. Retirement Savings Plan grew at a solid clip - up 6.9% during 2023, from $299M to $320M. Reported net income was $21M.
How have Barnes Group Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Barnes Group Inc.'s sponsor-wide assets declined 51.4%, from $618M to $300M.
Where does Barnes Group Inc. Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Barnes Group Inc. Retirement Savings Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Barnes Group Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Convergint Technologies LLC 401(k) Profit Sharing Plan in IL ($320M, 5,152 participants).
Which 401(k) plans cover a similar participant headcount to Barnes Group Inc. Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Avaya Inc. Savings Plan for Salaried Employees in NJ (1,745 participants, $1.4B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 060247840.

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.