THE B & W THRIFT PLAN Contribution & Employer Match
How BABCOCK & WILCOX COMPANY Supports Your Retirement Savings
BABCOCK & WILCOX COMPANY provides retirement savings benefits through THE B & W THRIFT PLAN. Understanding your employer’s contribution structure is essential — it directly affects how quickly your retirement nest egg grows. Below you will find the plan’s average account values and contribution patterns based on publicly filed data.
THE B & W THRIFT PLAN Average Participant Retirement Account Value
THE B & W THRIFT PLAN Estimated Average Employee Contribution Amount
336,211.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 5,253.00 in THE B & W THRIFT PLAN, assuming a 10%* annual return.
* Data are from public filings.
Employer Match in THE B & W THRIFT PLAN
An employer match is one of the most valuable benefits in any 401(k) plan — it is essentially free money added to your retirement savings. Your employer contributes additional funds based on a percentage of your own contributions. Missing out on the full match is one of the most common and costly retirement mistakes employees make.
THE B & W THRIFT PLAN Total Employer Contribution and Match Rate
THE B & W THRIFT PLAN Estimated Average Employer Match
Investing in this additonal $2,133.00 for 20 years would give you extra $136,528.00, assuming a 10% annual return.
* Data are from public filings.
Are You Leaving Dollars on the Table?
If you are not contributing enough to capture the maximum employer match, you are literally turning down part of your compensation. For many plans, this can mean thousands of dollars per year in lost employer contributions — money that would compound over decades.
Use the policy details and calculator below to find out exactly how much you need to contribute to capture every dollar of employer matching.
THE B & W THRIFT PLAN Contribution & Match Policy
THE B & W THRIFT PLAN Contribution, Match and Other Plan Policies
- A participant may generally elect to make contributions to the B&W Plan in an amount ranging from 1% to 75% of the participant’s compensation up to a maximum amount established annually by the Internal Revenue Service (IRS), subject to certain limited exceptions for employees under certain collective bargaining agreements.
- Participants 50 and older are allowed to make certain additional contributions above these normal limits, subject to certain limited exceptions for employees under certain collective bargaining agreements.
- Contributions on a pre-tax, after-tax or Roth basis, up to the first 8% of a participant’s eligible compensation are considered basic contributions under the B&W Plan and any additional contributions up to 25% of eligible compensation are considered supplemental contributions.
- Subject to certain limited exceptions for employees under certain collective bargaining agreements, new employees are automatically enrolled in the B&W Plan at the 8% employee contribution level on a pre-tax basis, with the rate of contribution automatically increasing by 1% annually each January until the contribution reaches 10%, and with an option to elect out of contributing to the B&W Plan at any time.
- Subject to certain limited exceptions for employees under certain collective bargaining agreements, Company matching contributions are made in amounts equal to one-half of the participants’ basic contributions.
- All participants are 100% vested in participant contributions and rollover contributions made to the B&W Plan.
- Participants vest in Company contributions and earnings at retirement or death while employed, disability, involuntary termination for reasons other than cause or after three years of service.
2025 IRS 401(k) Contribution Limits
The IRS sets annual limits on how much you and your employer can contribute to a 401(k) plan. Knowing these limits helps you maximize tax-advantaged savings. Here are the current limits:
| 2024 | 2025 | |
|---|---|---|
| Employee elective deferrals (pretax + Roth) | $23,000 | $23,500 |
| Employee + employer contributions combined | $69,000 | $70,000 |
| Catch-up contributions (age 50+) | $7,500 | $7,500 |
| Enhanced catch-up (ages 60–63, SECURE 2.0) | N/A | $11,250 |
The power of maxing out: If you contribute the full $23,500 annually for 20 years at a 10% average annual return, you would accumulate approximately $1,505,256. If you can maximize the combined employee+employer limit of $70,000 per year, that grows to roughly $4,480,385 over the same period — more than triple.
Use the 401(k) Savings Calculator to model your specific contribution scenario and see how your savings can grow over time.
Get Key Insights for This Plan
Join our community and get data-driven insights about THE B & W THRIFT PLAN. See how it compares to peer companies in fees, match generosity, and investment quality as soon as our new ranking reports go live.
Notify Me When Ratings Go LiveExplore More Plan Resources
Recent Articles
- Tesla 401(k) Review: 50% Match Up to $3,000 — Is That Enough for TSLA Employees?
- Marathon Petroleum Thrift Plan Review: 117% Employer Match in the Energy Sector
- THE PROGRESSIVE 401(K) PLAN Review: 100% Match with 59% Match Rate
- THE HOME DEPOT FUTUREBUILDER Review: 150% Match with 38% Employer Match
- General Dynamics 401(k) Review: 100% Match Up to 6% With $325 Million in Employer Contributions
- June 2026 MyPlanIQ Portfolio Update
Puzzled on what to invest?
- We ask a few questions to decide your personal return and risk expectations
- We build a custom portfolio for your plan (401(k), 403(b), 529 …) or for a brokerage account
- We monitor and send timely rebalance emails on what investment funds to buy and sell
Looking for ideas to generate income?
- ETF or mutual fund income portfolios for 4-7% annual income
- Dividend stock funds
- Passive real estate investments
- more …
Portfolio Calculator (Simulator)
Customize Asset Allocation Portfolios
Retirement Calculator
Investment Calculator
Looking for a (forgotten) 401(k)?
Find plan contact info, plan expenses, investment options, rollover your old plan, or learn how to select investments on your 401k plan …
Keep researching THE B & W THRIFT PLAN
Use the links below to move from this plan page into calculators, related retirement articles, and comparable plans in a similar industry or size band. That gives you a faster way to compare match design, fees, investments, and savings strategy in context.
Related Calculators
- 401(k) Employer Match Calculator
- Investment Fee Impact Calculator
- Mega Backdoor Roth 401(k) Calculator
Related Plans
- LEHIGH HANSON RSIP CB EMPLOYEES (1,921 participants, $183,134,337)
- PROJECT WORLDWIDE 401(K) PLAN (1,953 participants, $161,458,206)
- BWXT PANTEX LLC 401K PLAN (1,959 participants, $170,919,900)
- IG DESIGN GROUP AMERICAS INC. 401(K) PLAN (1,959 participants, $146,154,876)
- BWXT PANTEX, LLC 401K PLAN (1,959 participants, $114,887,133)