Defined Benefit (Pension) · DOL Form 5500 · 2024

Babcock Power Inc. Pension Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
87
Participants Small participant base
76th
Percentile by assets National rank
$317,235
Avg per participant High balance/head
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Official DOL plan name: Babcock Power Pension Plan · Sponsored by Babcock Power Inc. · Massachusetts · Manufacturing

$28M in assets, 87 participants

Babcock Power Inc.'s Babcock Power Pension Plan reported $28M in total assets and 87 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.

  • #11,916 in Manufacturing (17,777 peers)

Where Babcock Power Pension Plan sits by assets

Babcock Power Pension Plan sits in the top quartile of all filed plans by assets, $28M for 87 participants (~$317,235/participant), down 19.9% in 2024.

#11,916
in Manufacturing (17,777 peers)
-19.9%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Babcock Power Pension Plan's outsized position by total assets

Babcock Power Pension Plan vs every filed plan by assets

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

$27,599,418 Top 24% higher than 76% 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

Babcock Power Pension Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Babcock Power Pension Plan is a small filing (87 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Babcock Power Pension Plan reported net income fell from $1M in the plan year 2023 filing to -$8M in the plan year 2024 filing.
  • Babcock Power Pension Plan end-of-year assets fell from $34M in the plan year 2023 filing to $28M in the plan year 2024 filing.
  • Babcock Power Pension Plan reported participants fell from 99 in the plan year 2023 filing to 87 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 043719625 · Babcock Power Inc. PY 2024 · Defined Benefit (Pension)

Babcock Power Pension Plan · $28M · 87 · 76th

  • IND $28M
  • EOY 87
  • 5500 76th
  • ASSETS Defined Benefit (Pension)
  • PCT near Saker Shoprites, Inc. - Local 360 Ee's Ret Plan
  • EIN ind #11916

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 Massachusetts →

Babcock Power Pension Plan in the asset neighbourhood

Gastronomical Workers Union Local 610 and Metropolitan Association Pension FundGastronomical Workers Union …$28MBabcock Power Pension Plan$28MSaker Shoprites, Inc. - Local 360 Ee's Ret PlanSaker Shoprites, Inc. - Loca…$28MEnerpac Tool Group Retirement PlanEnerpac Tool Group Retiremen…$28MCampbell & Fetter Bank Employees' Pension PlanCampbell & Fetter Bank Emplo…$28M
End-of-year total assets ($M) among Babcock Power Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$26M
Net Income-$8M
Employer EIN043719625
Plan Effective Date1990-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Babcock Power Inc.)

Sponsor-wide plan assets over time

All Babcock Power Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$252M 26.890077757346166% vs 2022
2024 filing year
$180M$200M$220M$240M$260M 202220232024 $199M $252M ▲ +26.9%
Year Plans Participants Total Assets
2022 2 1,180 $199M
2023 2 1,097 $231M
2024 2 1,428 $252M

Nearby Defined Benefit (Pension) Plans in Massachusetts

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

Babcock Power Pension Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Babcock Power Pension Plan, Total assets ($B): 0.027599418 · Participants: 87Babcock Power Pension PlanConsolidated Cash Balance Program of Mass General Brigham and Member Organizations, Total assets ($B): 11.586293172 · Participants: 60621Consolidated Cash Balance Program of Mass General Brigham and Member OrganizationsNew England Teamsters Pension Fund, Total assets ($B): 9.093299462 · Participants: 21577New England Teamsters Pension FundLiberty Mutual Retirement Benefit Plan, Total assets ($B): 6.250686483 · Participants: 34910Liberty Mutual Retirement Benefit PlanMassachusetts Institute of Technology Basic Retirement Plan, Total assets ($B): 5.888715533 · Participants: 12533Massachusetts Institute of Technology Basic Retirement PlanN. Atlantic States Carp. Pension Fund, Total assets ($B): 5.086051556 · Participants: 16946N. Atlantic States Carp. Pension Fund
Babcock Power Pension Plan vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare Babcock Power Pension Plan side-by-side with 3 peers →

Babcock Power Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Saker Shoprites, Inc. - Local 360 Ee's Ret Plan in NJ ($28M); by covered participants it is Maher Terminals LLC Pension Trust in NJ (87 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (87 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 Babcock Power Pension Plan assets move in 2024? ▼
Babcock Power Pension Plan declined sharply - down 19.9% during 2024, from $34M to $28M. Reported net income was -$8M.
How have Babcock Power Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Babcock Power Inc.'s sponsor-wide assets grew 26.9%, from $199M to $252M.
Where does Babcock Power Pension Plan rank by assets among Form 5500 filers? ▼
Babcock Power Pension Plan ranks in the 76th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Babcock Power Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Saker Shoprites, Inc. - Local 360 Ee's Ret Plan in NJ ($28M, 624 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Babcock Power Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Maher Terminals LLC Pension Trust in NJ (87 participants, $92M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 043719625.

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.