Defined Benefit (Pension) · DOL Form 5500 · 2024
American Bureau of Shipping Pension Plan
Data updated 2026-08-11
- $426M
- Total assets
- 741
- Participants
- 97th
- Percentile by assets
- $575,491
- Avg per participant
Official DOL plan name: American Bureau of Shipping Pension Plan · Sponsored by American Bureau of Shipping · Texas · Professional & Technical Services
$426M in assets, 741 participants
American Bureau of Shipping's American Bureau of Shipping Pension Plan reported $426M in total assets and 741 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 123,622 plans)
- #19,699 in Professional & Technical Services (20,173 peers)
Where American Bureau of Shipping Pension Plan sits by assets
American Bureau of Shipping Pension Plan sits in the top 5% of all filed plans by assets, $426M for 741 participants (~$575,491/participant), down 5.6% in 2024.
- $426M
- total plan assets (2024 EOY)
- 741
- covered participants
- 97th
- percentile by assets (of 123,622 plans)
- $575,491
- avg assets per participant
The plan reported a net loss of $25M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- American Bureau of Shipping Pension Plan reported net income fell from $25M in the plan year 2023 filing to -$25M in the plan year 2024 filing.
- American Bureau of Shipping Pension Plan reported participants fell from 795 in the plan year 2023 filing to 741 in the plan year 2024 filing.
- American Bureau of Shipping Pension Plan end-of-year assets fell from $452M in the plan year 2023 filing to $426M in the plan year 2024 filing.
American Bureau of Shipping Pension Plan vs the 2024 asset distribution
By assets, American Bureau of Shipping Pension Plan outranks 97% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 4.3x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $452M |
|---|---|
| Net Assets (End of Year) | $426M |
| Net Income | -$25M |
| Employer EIN | 134921556 |
| Plan Effective Date | 1938-10-04 |
| 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 Defined Benefit (Pension) Plans in Texas
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
American Bureau of Shipping Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
- AT&T Pension Benefit Plan $28.3B · 100,400
- Exxonmobil Pension Plan $12.1B · 22,000
- Chevron Retirement Plan $9.7B · 21,297
- Shell Pension Plan $9.7B · 12,688
- Caterpillar Inc. Retirement Income Plan $9.2B · 11,498
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to American Bureau of Shipping Pension Plan by total assets, not by location.
- Crh Americas Pension Plan (GA) $427M · 1,647
- Pbf Energy Pension Plan (NJ) $427M · 3,746
- Hawaii Laborers' Pension Trust Fund (HI) $426M · 2,381
- American Cast Iron Pipe Company Pension Plan (AL) $427M · 773
Frequently Asked Questions
How did American Bureau of Shipping Pension Plan assets move in 2024? ▼
How have American Bureau of Shipping plan assets changed over time? ▼
Where does American Bureau of Shipping Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to American Bureau of Shipping Pension Plan? ▼
Next read for American Bureau of Shipping Pension Plan
Scale reading
Ways to act on American Bureau of Shipping Pension Plan's numbers.
- By total assets, American Bureau of Shipping Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) 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