Defined Benefit (Pension) · DOL Form 5500 · 2024
The Babcock & Wilcox Company Pension Plan
Data updated 2026-08-11
- $599M
- Total assets
- 303
- Participants
- 98th
- Percentile by assets
- $2.0M
- Avg per participant
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.
- 98th percentile by assets (of 123,622 plans)
- #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.
- $599M
- total plan assets (2024 EOY)
- 303
- covered participants
- 98th
- percentile by assets (of 123,622 plans)
- $2.0M
- avg assets per participant
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.
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.
Participants vs Ohio filers
In Ohio, the average filing covers about 765 participants across 5,089 plans. Retirement Plan for Employees of Babcock & Wilcox Commercial Operations reports 303 participants - about 40% of that state average ($599M EOY assets).
Ohio filing particulars
| Total Assets (Beginning of Year) | $683M |
|---|---|
| Net Assets (End of Year) | $599M |
| Net Income | -$83M |
| Employer EIN | 132933685 |
| Plan Effective Date | 2005-02-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Babcock & Wilcox Company)
| 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
- GE Aerospace Pension Plan $19.0B · 9,637
- Firstenergy Corp. Master Pension Plan $6.5B · 12,187
- American Electric Power System Retirement Plan $4.1B · 16,073
- Ohio Operating Engineers Pension Plan $3.9B · 10,387
- Parker Defined Benefit Pension Plan $3.5B · 8,120
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Retirement Plan for Employees of Babcock & Wilcox Commercial Operations by total assets, not by location.
- Christiana Care Health Services, Inc. Retirement Plan (DE) $599M · 2,333
- Joint Pension Fund Local Union IBEW (NJ) $599M · 2,072
- America First Credit Union Pension Plan (UT) $600M · 2,645
- Connecticut Laborers' Pension Plan (CT) $601M · 2,401
Frequently Asked Questions
How did Retirement Plan for Employees of Babcock & Wilcox Commercial Operations assets move in 2024? ▼
How have The Babcock & Wilcox Company plan assets changed over time? ▼
Where does Retirement Plan for Employees of Babcock & Wilcox Commercial Operations rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on Retirement Plan for Employees of Babcock & Wilcox Commercial Operations's numbers.
- By total assets, Retirement Plan for Employees of Babcock & Wilcox Commercial Operations 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 Ohio. Compare plans
- The Babcock & Wilcox Company's sponsor-wide assets have declined 6.2% since 2022 across 3 plan years on file. More Manufacturing plans