Esab Group 401(k) and pension plans

The Esab Group, Inc., North Bethesda, MD. EIN 84-0966648. Annual reports 2009–2024. Also filed as Colfax Corporation.

The Esab Group, Inc. has 2 active retirement plans on file. The largest is the The Esab Group, Inc. Consolidated Retirement Plan, with 2,459 participants and $139 million in assets in 2024. Cbiz has been its administrator since 2017.

Active plans
2
Participants
4,253
Plan assets
$361 million
401(k) recordkeeper
Fidelity
Plans on file
3
Industry
Manufacturing

All 3 plans

Active plans first

The Esab Group, Inc. Consolidated Retirement Plan

Pension (defined benefit), frozenActive

Active. The plan filed its annual report for the 2024 plan year.

Plan number
036Employer EIN 84-0966648
Participants (2024)
2,459
Net assets (2024)
$139 million
Administered by
CbizEarlier: The Savitz Organization (2016), Transamerica (2015), The Savitz Organization (2013–2014), Sei Investments (2012), Sei Private Trust (2011), Sei Investments (2009–2010)
Plan administrator
The Esab Group, Inc.
909 Rose Avenue, 8TH Floor
North Bethesda, MD 20852
(301) 323-9000As filed for 2024
In effect since
January 1, 1987

Plans merged into this one: Retirement Plan for Power Transmission Employees of Imo Industries, Inc. (2011); Pension Plan for United Auto,aerospace&agricultural Implement Workers of America, Local 1118 of Roots Blower Division, Connersville, Indiana (2015); The Esab-Howden Pension Plan (2012); Victor Technologies Retirement Plan (2014).

Earlier sponsor: Colfax Corporation (2009–2021).

Earlier plan names: Retirement Plan for Salaried Employees of Imo Industries, Inc. and Affiliates; Colfax Corporation Consolidated Retirement Plan.

Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
20242,459$139 millionCbiz
20232,669$146 millionCbiz
20223,469$148 millionCbiz
20213,638$201 millionCbiz
20203,733$194 millionCbiz
20193,870$187 millionCbiz
20183,990$159 millionCbiz
20174,086$193 millionCbiz
20168,809$344 millionThe Savitz Organization
20159,429$356 millionTransamerica
20149,773$393 millionThe Savitz Organization
20139,667$370 millionThe Savitz Organization
20129,964$351 millionSei Investments
20116,545$190 millionSei Private Trust
20102,827$91.6 millionSei Investments
20092,953$85.0 millionSei Investments

The Esab Group, Inc. 401(k) Retirement Savings Plan

401(k)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number
001Employer EIN 84-0966648
Participants (2024)
1,794
Net assets (2024)
$222 million
Recordkeeper
Fidelity2022–2024
Plan administrator
The Esab Group, Inc.
909 Rose Ave, 8TH Floor
North Bethesda, MD 20852
(301) 323-9099As filed for 2024
In effect since
January 1, 2022
Year by year, 2022 to 2024
Plan yearParticipantsNet assetsRecordkeeper
20241,794$222 millionFidelity
20231,796$201 millionFidelity
20221,694$172 millionFidelity

The Esab Group, Inc. Savings Plan

401(k)Merged

Merged. In 2012 its assets moved to the Colfax Corporation 401(k) Savings Plan Plus, sponsored by Dresser, LLC (EIN 54-1887631, plan 037). Accounts moved with them, so that plan is the one to contact.

Plan number
003Employer EIN 84-0966648
Participants (2011)
1,688
Net assets (2011)
$82.1 million
Recordkeeper
Fidelity2009–2012
Plan administrator
The Esab Group, Inc.
411 South Ebenezer Road
Florence, SC 29501
(843) 679-6702As filed for 2012
In effect since
January 1, 1986
Year by year, 2009 to 2012
Plan yearParticipantsNet assetsRecordkeeper
20120$0Fidelity
20111,688$82.1 millionFidelity
20101,728$84.6 millionFidelity
20091,768$76.9 millionFidelity

Plans that moved to another employer

PlanNow sponsored bySince
The Esab-Howden Pension PlanAnderson Group, Inc.2010

These plans once filed under Esab Group's tax ID and are now filed by another employer, usually after a sale or spin-off. Accounts moved with them.

If you had money in one of these plans

  1. Call Fidelity (fidelity.com), which runs the The Esab Group, Inc. 401(k) Retirement Savings Plan. With your Social Security number and the plan name, it can tell you whether you still have a balance and, if not, where it went.
  2. Or call the plan administrator listed on the plan below ((301) 323-9000). That number was filed for 2024; ask for the benefits or retirement plan office.
  3. If your plan was merged, your account moved with it. Follow the link on the plan to the plan it went into, and contact that one.
  4. Still stuck? The Department of Labor's benefits advisers help for free: askebsa.dol.gov or 1-866-444-3272. Never pay anyone to find your own money.

What these numbers are

Sources: U.S. Department of Labor, Form 5500 datasets and PBGC trusteed plans. How we read them.

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