Assets by plan
Share of aggregate retirement assets
Sponsor portfolioTH
BABCOCK & WILCOX COMPANY
EIN 13-2933685renewables & environmentLatest filing 2024
Plans
5
Retirement
2
$1.06B assets
Welfare
3
$2.2M premiums
Participants
10,872
1200 EAST MARKET STREET - AKRON, OH 44305330-753-4511babcock.comLinkedIn1001-5000 employeesrenewables & environment
Retirement portfolio analytics
2 plans aggregated / $1.06B assets / 8,120 participantsRecordkeeper share
DC plan assets by Schedule C recordkeeper
57%top
- (Not disclosed)57%
- THE VANGUARD GROUP, INC.43%
Participants by plan
Active + retired + deferred vested
- W THRIFT PLAN (#033)1,911
Benefits portfolio analytics
3 plans / $2.2M premiums / 1,795 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Dental$835K
- Vision$835K
- Other$736K
- Life$411K
- Long-term disability$256K
- Health$23K
Carrier market share
Premium dollars by Schedule A carrier
54%top
- LIFE INSURANCE COMPANY OF NORTH AMERICA54%
- CIGNA HEALTH AND LIFE INSURANCE COMPANY44%
- DELAWARE AMERICAN LIFE INSURANCE COMPANY1%
- METROPOLITAN LIFE INSURANCE COMPANY1%
Broker market share
Schedule A broker compensation
98%top
- ALLIANT INSURANCE SERVICES, INC.98%
- REUBEN WARNER ASSOCIATES, INC.2%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#032
RETIREMENT PLAN FOR EMPLOYEES OF BABCOCK & WILCOX COMMERCIAL OPERATIONS
TraditionalDB
Assets$599.2M
Participants6,209
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#033
THE B & W THRIFT PLAN
401k
Assets$457.4M
Participants1,911
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#659
B&W ACTIVE HEALTH & WELFARE BENEFITS PLAN
Mixed - CIGNA HEALTH & LIFE INSURANCE COMPANY AND AFFILIATES
Premiums$1.8M
Covered lives1,175
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#667
THE B&W RETIREE HEALTH & WELFARE BENEFITS PLAN
Fully Insured - LIFE INSURANCE COMPANY OF NORTH AMERICA
Premiums$469K
Covered lives620
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#660
B&W SEVERANCE PLAN
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans2
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 032 | RETIREMENT PLAN FOR EMPLOYEES OF BABCOCK & WILCOX COMMERCIAL OPERATIONS | TraditionalDB | $599.2M | 6,209 | 2024 | |
| 033 | THE B & W THRIFT PLAN | 401k | $457.4M | 1,911 | 2024 |
Welfare plans3
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 659 | B&W ACTIVE HEALTH & WELFARE BENEFITS PLAN | Mixed | CIGNA HEALTH & LIFE INSURANCE COMPANY AND AFFILIATES | $1.8M | 1,175 | 2024 | |
| 667 | THE B&W RETIREE HEALTH & WELFARE BENEFITS PLAN | Fully Insured | LIFE INSURANCE COMPANY OF NORTH AMERICA | $469K | 620 | 2024 | |
| 660 | B&W SEVERANCE PLAN | Self Funded | - | $0 | 0 | 2024 |
Retirement plans
Welfare plans