Defined Benefit (Pension) · DOL Form 5500 · 2024

The Babcock & Wilcox Company Pension Plan

Data updated 2026-08-25

$599M
Total assets Above avg plan size
303
Participants Below avg headcount
98th
Percentile by assets National rank
$2.0M
Avg per participant High balance/head
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Official DOL plan name: Retirement Plan for Employees of Babcock & Wilcox Commercial Operations · Sponsored by The Babcock & Wilcox Company · Ohio · Manufacturing

$599M in assets, 303 participants

The Babcock & Wilcox Company's Retirement Plan for Employees of Babcock & Wilcox Commercial Operations reported $599M in total assets and 303 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • #17,092 in Manufacturing (17,777 peers)

Coverage in Ohio

Retirement Plan for Employees of Babcock & Wilcox Commercial Operations covers 303 participants in Ohio, about 40% of the average Ohio filer (state average ~765 per filing). Assets: $599M.

#17,092
in Manufacturing (17,777 peers)
-12.2%
assets change YoY
6.0×
vs typical plan assets (national mean)

The plan reported a net loss of $83M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Retirement Plan for Employees of Babcock & Wilcox Commercial Operations's outsized position by total assets

Retirement Plan for Employees of Babcock & Wilcox Commercial Operations vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$599,246,619 Top 2% higher than 98% 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

Retirement Plan for Employees of Babcock & Wilcox Commercial Operations among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Retirement Plan for Employees of Babcock & Wilcox Commercial Operations sits mid-pack in the medium band (303 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Retirement Plan for Employees of Babcock & Wilcox Commercial Operations reported net income fell from -$43M in the plan year 2023 filing to -$83M in the plan year 2024 filing.
  • Retirement Plan for Employees of Babcock & Wilcox Commercial Operations end-of-year assets fell from $683M in the plan year 2023 filing to $599M in the plan year 2024 filing.
  • Retirement Plan for Employees of Babcock & Wilcox Commercial Operations reported participants fell from 328 in the plan year 2023 filing to 303 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 132933685 · The Babcock & Wilcox Company PY 2024 · Defined Benefit (Pension)

Retirement Plan for Employees of Babcock & Wilcox Commercial Operations · $599M · 303 · 98th

  • ASSETS $599M
  • PCT 303
  • EIN 98th
  • RANK Defined Benefit (Pension)
  • PHOTO near Christiana Care Health Services, Inc. Retirement Plan
  • IND ind #17092

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 Ohio →

Retirement Plan for Employees of Babcock & Wilcox Commercial Operations in the asset neighbourhood

Connecticut Laborers' Pension PlanConnecticut Laborers' Pensio…$601MAmerica First Credit Union Pension PlanAmerica First Credit Union P…$600MJoint Pension Fund Local Union IBEWJoint Pension Fund Local Uni…$599MChristiana Care Health Services, Inc. Retirement PlanChristiana Care Health Servi…$599MRetirement Plan for Employees of Babcock & Wilcox Commercial OperationsRetirement Plan for Employee…$599M
End-of-year total assets ($M) among Retirement Plan for Employees of Babcock & Wilcox Commercial Operations and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$683M
Net Assets (End of Year)$599M
Net Income-$83M
Employer EIN132933685
Plan Effective Date2005-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Babcock & Wilcox Company)

Sponsor-wide plan assets over time

All The Babcock & Wilcox Company plans reported in each filing year

Latest sponsor-wide plan assets
$1.1B 6.160079237379176% vs 2022
2024 filing year
$1.05B$1.1B$1.15B 202220232024 $1.13B $1.06B ▼ -6.2%
Year Plans Participants Total Assets
2022 2 1,005 $1.1B
2023 2 1,215 $1.1B
2024 2 1,266 $1.1B

Nearby Defined Benefit (Pension) Plans in Ohio

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Retirement Plan for Employees of Babcock & Wilcox Commercial Operations vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -505101520 Total assets ($B) Participants Retirement Plan for Employees of Babcock & Wilcox Commercial Operations, Total assets ($B): 0.599246619 · Participants: 303Retirement Plan for Employees of Babcock & Wilcox Commercial OperationsGE Aerospace Pension Plan, Total assets ($B): 19.026079363 · Participants: 9637GE Aerospace Pension PlanFirstenergy Corp. Master Pension Plan, Total assets ($B): 6.474467697 · Participants: 12187Firstenergy Corp. Master Pension PlanAmerican Electric Power System Retirement Plan, Total assets ($B): 4.085797504 · Participants: 16073American Electric Power System Retirement PlanOhio Operating Engineers Pension Plan, Total assets ($B): 3.912834719 · Participants: 10387Ohio Operating Engineers Pension PlanParker Defined Benefit Pension Plan, Total assets ($B): 3.496388263 · Participants: 8120Parker Defined Benefit Pension Plan
Retirement Plan for Employees of Babcock & Wilcox Commercial Operations vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Retirement Plan for Employees of Babcock & Wilcox Commercial Operations's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Ohio, the nearest Defined Benefit (Pension) by assets is Christiana Care Health Services, Inc. Retirement Plan in DE ($599M); by covered participants it is G.I. Associates, LLC Defined Benefit Pension Plan and Trust in WI (303 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($599M here).

Similar participant headcount

Nearest other-state filings by covered participants (303 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 Retirement Plan for Employees of Babcock & Wilcox Commercial Operations assets move in 2024? ▼
Retirement Plan for Employees of Babcock & Wilcox Commercial Operations pulled back noticeably - down 12.2% during 2024, from $683M to $599M. Reported net income was -$83M.
How have The Babcock & Wilcox Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Babcock & Wilcox Company's sponsor-wide assets declined 6.2%, from $1.1B to $1.1B.
Where does Retirement Plan for Employees of Babcock & Wilcox Commercial Operations rank by assets among Form 5500 filers? ▼
Retirement Plan for Employees of Babcock & Wilcox Commercial Operations ranks in the 98th 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 Defined Benefit (Pension) plans are similar in size to Retirement Plan for Employees of Babcock & Wilcox Commercial Operations? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Christiana Care Health Services, Inc. Retirement Plan in DE ($599M, 2,333 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement Plan for Employees of Babcock & Wilcox Commercial Operations? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is G.I. Associates, LLC Defined Benefit Pension Plan and Trust in WI (303 participants, $19M in assets).