The B & W Thrift Plan — Form 5500 plan (Babcock & Wilcox Company)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, The B & W Thrift Plan is a benefit plan reported by Babcock & Wilcox Company under EIN 13-2933685 and plan number 033. The latest loaded filing year is 2023. The filing reports 1,884 participants and $433,976,794 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Babcock & Wilcox Company
- EIN
- 13-2933685
- Plan number
- 033
- Plan type
- 2
- Location
- Akron, OH
- Latest filing year
- 2023
- Participants
- 1,884
- End-of-year plan assets
- $433,976,794
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,884 | H, C | 20241015134649NAL0014749747001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $433,976,794
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $433,976,794
- Net assets (BOY)
- $400,736,935
Income & contributions
- Employer contributions
- $4,167,064
- Participant contributions
- $9,159,299
- Total contributions
- $14,426,072
- Total income / additions
- $77,239,554
Expenses & distributions
- Benefits paid
- $43,979,566
- Administrative expenses
- $243,066
- Total expenses
- $44,246,552
- Net increase / (decrease)
- $32,993,002
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| The Vanguard Group, Inc. | NONE | $111,051 | $0 | 2023 |
| Troutman Sanders Llp | NONE | $81,105 | not reported in the loaded dataset | 2023 |
| Forvis | NONE | $31,050 | not reported in the loaded dataset | 2023 |
| Towers Watson Investment Svcs Inc | NONE | $20,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Babcock & Wilcox Company
- 2023 Form 5500 filing
- Form 5500 filings in OH
- 401(k) and benefit plan filings in Akron, OH
- The Vanguard Group, Inc. — Schedule C compensation
- Troutman Sanders Llp — Schedule C compensation
- Forvis — Schedule C compensation
- Towers Watson Investment Svcs Inc — Schedule C compensation