Civic Intelligence

The ESAB Group, Inc.

Plan context: The Esab Group Inc. 401(K) Retirement Savings Plan

EIN 84-0966648 • 64 filings • 16 plans

Current Snapshot

Latest Year

2024

2024 Participants

1,168

2024 Assets

$361,982,416

2024 Contributions

$15,973,661

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$361,982,416$180,991,208$0199920072024YearValue
$361,982,416Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

2,1241,0620199920072024YearValue
1,168Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202441,168$361,982,416$15,973,661$13,676iApproximate average salary by contribution assumption: employee only about $341,902 at 4% or $227,935 at 6%; with 50% employer match about $227,935 at 4% or $151,956 at 6%; with 100% employer match about $170,951 at 4% or $113,967 at 6%.
The Esab Group Inc. 401(K) Retirement Savings Plan-1,161$221,960,060$15,973,661$13,759iApproximate average salary by contribution assumption: employee only about $343,963 at 4% or $229,309 at 6%; with 50% employer match about $229,309 at 4% or $152,873 at 6%; with 100% employer match about $171,982 at 4% or $114,654 at 6%.
The Esab Group Inc. Consolidated Retirement Plan-119$140,022,356--
Welfare Benefit Plan of the Esab Group Inc.-1,168---
The Esab Group Inc. Retiree Benefit Plan-0---
202341,171$347,355,365$15,378,487$13,133iApproximate average salary by contribution assumption: employee only about $328,320 at 4% or $218,880 at 6%; with 50% employer match about $218,880 at 4% or $145,920 at 6%; with 100% employer match about $164,160 at 4% or $109,440 at 6%.
The Esab Group Inc. 401(K) Retirement Savings Plan-1,161$201,120,660$15,378,487$13,246iApproximate average salary by contribution assumption: employee only about $331,147 at 4% or $220,765 at 6%; with 50% employer match about $220,765 at 4% or $147,177 at 6%; with 100% employer match about $165,574 at 4% or $110,382 at 6%.
The Esab Group Inc. Consolidated Retirement Plan-143$146,234,705--
Welfare Benefit Plan of the Esab Group Inc.-1,171---
The Esab Group Inc. Retiree Benefit Plan-0---
202241,052$321,187,717$14,533,535$13,815iApproximate average salary by contribution assumption: employee only about $345,379 at 4% or $230,252 at 6%; with 50% employer match about $230,252 at 4% or $153,502 at 6%; with 100% employer match about $172,689 at 4% or $115,126 at 6%.
The Esab Group Inc. 401(K) Retirement Savings Plan-1,034$171,828,615$14,533,535$14,056iApproximate average salary by contribution assumption: employee only about $351,391 at 4% or $234,261 at 6%; with 50% employer match about $234,261 at 4% or $156,174 at 6%; with 100% employer match about $175,696 at 4% or $117,130 at 6%.
The Esab Group Inc. Consolidated Retirement Plan-164$149,359,102--
Welfare Benefit Plan of the Esab Group Inc.-1,052---
The Esab Group Inc. Retiree Benefit Plan-0---
201210$0$9,090,616-
The Esab Group Inc. Savings Plan-0-$9,090,616-
201111,248$82,108,935$8,848,215$7,090iApproximate average salary by contribution assumption: employee only about $177,248 at 4% or $118,165 at 6%; with 50% employer match about $118,165 at 4% or $78,777 at 6%; with 100% employer match about $88,624 at 4% or $59,083 at 6%.
The Esab Group Inc. Savings Plan-1,248$82,108,935$8,848,215$7,090iApproximate average salary by contribution assumption: employee only about $177,248 at 4% or $118,165 at 6%; with 50% employer match about $118,165 at 4% or $78,777 at 6%; with 100% employer match about $88,624 at 4% or $59,083 at 6%.
201011,261$84,583,148$7,552,181$5,989iApproximate average salary by contribution assumption: employee only about $149,726 at 4% or $99,817 at 6%; with 50% employer match about $99,817 at 4% or $66,545 at 6%; with 100% employer match about $74,863 at 4% or $49,909 at 6%.
The Esab Group Inc. Savings Plan-1,261$84,583,148$7,552,181$5,989iApproximate average salary by contribution assumption: employee only about $149,726 at 4% or $99,817 at 6%; with 50% employer match about $99,817 at 4% or $66,545 at 6%; with 100% employer match about $74,863 at 4% or $49,909 at 6%.
200921,308$199,677,998$9,567,434$7,315iApproximate average salary by contribution assumption: employee only about $182,864 at 4% or $121,909 at 6%; with 50% employer match about $121,909 at 4% or $81,273 at 6%; with 100% employer match about $91,432 at 4% or $60,955 at 6%.
The Esab Group Inc. Retirement Plan-771$122,816,817$2,778,215$3,603iApproximate average salary by contribution assumption: employee only about $90,085 at 4% or $60,057 at 6%; with 50% employer match about $60,057 at 4% or $40,038 at 6%; with 100% employer match about $45,042 at 4% or $30,028 at 6%.
The Esab Group Inc. Savings Plan-1,308$76,861,181$6,789,219$5,191iApproximate average salary by contribution assumption: employee only about $129,763 at 4% or $86,509 at 6%; with 50% employer match about $86,509 at 4% or $57,673 at 6%; with 100% employer match about $64,882 at 4% or $43,254 at 6%.
200821,548$187,370,228$14,182,649$9,162iApproximate average salary by contribution assumption: employee only about $229,048 at 4% or $152,699 at 6%; with 50% employer match about $152,699 at 4% or $101,799 at 6%; with 100% employer match about $114,524 at 4% or $76,349 at 6%.
The Esab Group Inc. Retirement Plan-841$122,924,212$4,664,368$5,546iApproximate average salary by contribution assumption: employee only about $138,655 at 4% or $92,437 at 6%; with 50% employer match about $92,437 at 4% or $61,625 at 6%; with 100% employer match about $69,328 at 4% or $46,218 at 6%.
The Esab Group Inc. Savings Plan-1,548$64,446,016$9,518,281$6,149iApproximate average salary by contribution assumption: employee only about $153,719 at 4% or $102,479 at 6%; with 50% employer match about $102,479 at 4% or $68,320 at 6%; with 100% employer match about $76,860 at 4% or $51,240 at 6%.
200751,582$232,624,092$17,486,935$11,054iApproximate average salary by contribution assumption: employee only about $276,342 at 4% or $184,228 at 6%; with 50% employer match about $184,228 at 4% or $122,819 at 6%; with 100% employer match about $138,171 at 4% or $92,114 at 6%.
The Esab Group Inc. Retirement Plan-922$147,259,914$6,906,310$7,491iApproximate average salary by contribution assumption: employee only about $187,264 at 4% or $124,843 at 6%; with 50% employer match about $124,843 at 4% or $83,229 at 6%; with 100% employer match about $93,632 at 4% or $62,421 at 6%.
The Esab Group Inc. Savings Plan-1,582$85,364,178$9,209,338$5,821iApproximate average salary by contribution assumption: employee only about $145,533 at 4% or $97,022 at 6%; with 50% employer match about $97,022 at 4% or $64,681 at 6%; with 100% employer match about $72,767 at 4% or $48,511 at 6%.
Retirement Plan for Employees of the Esab Group Inc.-0-$457,667-
Welfare Benefit Plan of the Esab Group Inc.-1,372---
Retirement Plan for Hourly Employees at Hanover, Pa-0-$913,620-
200651,467$216,906,245$20,005,145$13,637iApproximate average salary by contribution assumption: employee only about $340,919 at 4% or $227,280 at 6%; with 50% employer match about $227,280 at 4% or $151,520 at 6%; with 100% employer match about $170,460 at 4% or $113,640 at 6%.
The Esab Group Inc. Retirement Plan-707$111,277,251$10,149,836$14,356iApproximate average salary by contribution assumption: employee only about $358,905 at 4% or $239,270 at 6%; with 50% employer match about $239,270 at 4% or $159,513 at 6%; with 100% employer match about $179,453 at 4% or $119,635 at 6%.
The Esab Group Inc. Savings Plan-1,467$76,732,906$7,882,955$5,374iApproximate average salary by contribution assumption: employee only about $134,338 at 4% or $89,559 at 6%; with 50% employer match about $89,559 at 4% or $59,706 at 6%; with 100% employer match about $67,169 at 4% or $44,779 at 6%.
Retirement Plan for Hourly Employees at Hanover, Pa-176$19,428,017$784,981$4,460iApproximate average salary by contribution assumption: employee only about $111,503 at 4% or $74,335 at 6%; with 50% employer match about $74,335 at 4% or $49,557 at 6%; with 100% employer match about $55,751 at 4% or $37,168 at 6%.
Retirement Plan for Employees of the Esab Group Inc.-101$9,468,071$1,187,373$11,756iApproximate average salary by contribution assumption: employee only about $293,904 at 4% or $195,936 at 6%; with 50% employer match about $195,936 at 4% or $130,624 at 6%; with 100% employer match about $146,952 at 4% or $97,968 at 6%.
Welfare Benefit Plan of the Esab Group Inc.-1,372---
200551,372$195,081,086$16,607,899$12,105iApproximate average salary by contribution assumption: employee only about $302,622 at 4% or $201,748 at 6%; with 50% employer match about $201,748 at 4% or $134,499 at 6%; with 100% employer match about $151,311 at 4% or $100,874 at 6%.
The Esab Group Inc. Retirement Plan-783$100,102,912$9,046,960$11,554iApproximate average salary by contribution assumption: employee only about $288,856 at 4% or $192,570 at 6%; with 50% employer match about $192,570 at 4% or $128,380 at 6%; with 100% employer match about $144,428 at 4% or $96,285 at 6%.
The Esab Group Inc. Savings Plan-1,300$69,512,970$7,560,939$5,816iApproximate average salary by contribution assumption: employee only about $145,403 at 4% or $96,935 at 6%; with 50% employer match about $96,935 at 4% or $64,623 at 6%; with 100% employer match about $72,701 at 4% or $48,468 at 6%.
Retirement Plan for Hourly Employees at Hanover, Pa-265$17,409,192--
Retirement Plan for Employees of the Esab Group Inc.-112$8,056,012--
Welfare Benefit Plan of the Esab Group Inc.-1,372---
200451,274$185,047,881$12,646,367$9,927iApproximate average salary by contribution assumption: employee only about $248,163 at 4% or $165,442 at 6%; with 50% employer match about $165,442 at 4% or $110,294 at 6%; with 100% employer match about $124,081 at 4% or $82,721 at 6%.
The Esab Group Inc. Retirement Plan-856$96,126,371$5,175,740$6,046iApproximate average salary by contribution assumption: employee only about $151,161 at 4% or $100,774 at 6%; with 50% employer match about $100,774 at 4% or $67,183 at 6%; with 100% employer match about $75,580 at 4% or $50,387 at 6%.
The Esab Group Inc. Savings Plan-1,274$63,113,224$4,395,627$3,450iApproximate average salary by contribution assumption: employee only about $86,256 at 4% or $57,504 at 6%; with 50% employer match about $57,504 at 4% or $38,336 at 6%; with 100% employer match about $43,128 at 4% or $28,752 at 6%.
Retirement Plan for Hourly Employees at Hanover, Pa-238$17,350,721$1,905,000$8,004iApproximate average salary by contribution assumption: employee only about $200,105 at 4% or $133,403 at 6%; with 50% employer match about $133,403 at 4% or $88,936 at 6%; with 100% employer match about $100,053 at 4% or $66,702 at 6%.
Retirement Plan for Employees of the Esab Group Inc.-115$8,457,565$1,170,000$10,174iApproximate average salary by contribution assumption: employee only about $254,348 at 4% or $169,565 at 6%; with 50% employer match about $169,565 at 4% or $113,043 at 6%; with 100% employer match about $127,174 at 4% or $84,783 at 6%.
Welfare Benefit Plan of the Esab Group Inc.-1,101---
200351,122$167,644,559$6,743,013$6,010iApproximate average salary by contribution assumption: employee only about $150,245 at 4% or $100,164 at 6%; with 50% employer match about $100,164 at 4% or $66,776 at 6%; with 100% employer match about $75,123 at 4% or $50,082 at 6%.
The Esab Group Inc. Retirement Plan-849$91,877,543$346,076$408iApproximate average salary by contribution assumption: employee only about $10,191 at 4% or $6,794 at 6%; with 50% employer match about $6,794 at 4% or $4,529 at 6%; with 100% employer match about $5,095 at 4% or $3,397 at 6%.
The Esab Group Inc. Savings Plan-1,122$53,562,363$3,724,971$3,320iApproximate average salary by contribution assumption: employee only about $82,998 at 4% or $55,332 at 6%; with 50% employer match about $55,332 at 4% or $36,888 at 6%; with 100% employer match about $41,499 at 4% or $27,666 at 6%.
Retirement Plan for Hourly Employees at Hanover, Pa-241$14,868,125$1,786,952$7,415iApproximate average salary by contribution assumption: employee only about $185,368 at 4% or $123,579 at 6%; with 50% employer match about $123,579 at 4% or $82,386 at 6%; with 100% employer match about $92,684 at 4% or $61,789 at 6%.
Retirement Plan for Employees of the Esab Group Inc.-124$7,336,528$885,014$7,137iApproximate average salary by contribution assumption: employee only about $178,430 at 4% or $118,953 at 6%; with 50% employer match about $118,953 at 4% or $79,302 at 6%; with 100% employer match about $89,215 at 4% or $59,477 at 6%.
Welfare Benefit Plan of the Esab Group Inc.-1,082---
200251,186$149,052,565$10,311,707$8,695iApproximate average salary by contribution assumption: employee only about $217,363 at 4% or $144,909 at 6%; with 50% employer match about $144,909 at 4% or $96,606 at 6%; with 100% employer match about $108,682 at 4% or $72,454 at 6%.
The Esab Group Inc. Retirement Plan-884$85,399,581$4,331,895$4,900iApproximate average salary by contribution assumption: employee only about $122,508 at 4% or $81,672 at 6%; with 50% employer match about $81,672 at 4% or $54,448 at 6%; with 100% employer match about $61,254 at 4% or $40,836 at 6%.
The Esab Group Inc. Savings Plan-1,186$46,052,229$4,469,479$3,769iApproximate average salary by contribution assumption: employee only about $94,213 at 4% or $62,809 at 6%; with 50% employer match about $62,809 at 4% or $41,873 at 6%; with 100% employer match about $47,107 at 4% or $31,404 at 6%.
Retirement Plan for Hourly Employees at Hanover, Pa-246$11,611,703$438,679$1,783iApproximate average salary by contribution assumption: employee only about $44,581 at 4% or $29,721 at 6%; with 50% employer match about $29,721 at 4% or $19,814 at 6%; with 100% employer match about $22,291 at 4% or $14,860 at 6%.
Retirement Plan for Employees of the Esab Group Inc.-121$5,989,052$1,071,654$8,857iApproximate average salary by contribution assumption: employee only about $221,416 at 4% or $147,611 at 6%; with 50% employer match about $147,611 at 4% or $98,407 at 6%; with 100% employer match about $110,708 at 4% or $73,805 at 6%.
Welfare Benefit Plan of the Esab Group Inc.-1,033---
200152,124$168,816,992$11,314,618$5,327iApproximate average salary by contribution assumption: employee only about $133,176 at 4% or $88,784 at 6%; with 50% employer match about $88,784 at 4% or $59,189 at 6%; with 100% employer match about $66,588 at 4% or $44,392 at 6%.
The Esab Group Inc. Retirement Plan-1,217$98,821,055$6,218,142$5,109iApproximate average salary by contribution assumption: employee only about $127,735 at 4% or $85,157 at 6%; with 50% employer match about $85,157 at 4% or $56,771 at 6%; with 100% employer match about $63,868 at 4% or $42,578 at 6%.
The Esab Group Inc. Savings Plan-1,401$50,066,970$4,991,489$3,563iApproximate average salary by contribution assumption: employee only about $89,070 at 4% or $59,380 at 6%; with 50% employer match about $59,380 at 4% or $39,587 at 6%; with 100% employer match about $44,535 at 4% or $29,690 at 6%.
Retirement Plan for Hourly Employees at Hanover, Pa-266$13,620,442--
Retirement Plan for Employees of the Esab Group Inc.-205$6,308,525$104,987$512iApproximate average salary by contribution assumption: employee only about $12,803 at 4% or $8,536 at 6%; with 50% employer match about $8,536 at 4% or $5,690 at 6%; with 100% employer match about $6,402 at 4% or $4,268 at 6%.
Welfare Benefit Plan of the Esab Group Inc.-2,124---
200051,849$118,015,188$6,210,349$3,359iApproximate average salary by contribution assumption: employee only about $83,969 at 4% or $55,979 at 6%; with 50% employer match about $55,979 at 4% or $37,320 at 6%; with 100% employer match about $41,985 at 4% or $27,990 at 6%.
The Esab Group Inc. Savings Plan-955$52,056,700$4,342,819$4,547iApproximate average salary by contribution assumption: employee only about $113,686 at 4% or $75,791 at 6%; with 50% employer match about $75,791 at 4% or $50,527 at 6%; with 100% employer match about $56,843 at 4% or $37,895 at 6%.
The Esab Group Inc. Retirement Plan-1,173$51,959,383$717,578$612iApproximate average salary by contribution assumption: employee only about $15,294 at 4% or $10,196 at 6%; with 50% employer match about $10,196 at 4% or $6,797 at 6%; with 100% employer match about $7,647 at 4% or $5,098 at 6%.
Retirement Plan for Hourly Employees at Hanover, Pa-281$13,999,105$1,149,952$4,092iApproximate average salary by contribution assumption: employee only about $102,309 at 4% or $68,206 at 6%; with 50% employer match about $68,206 at 4% or $45,471 at 6%; with 100% employer match about $51,154 at 4% or $34,103 at 6%.
Welfare Benefit Plan of the Esab Group Inc.-1,849---
Retirement Plan for Employees of the Esab Group Inc.-237---
199951,556$136,548,014$9,781,470$6,286iApproximate average salary by contribution assumption: employee only about $157,157 at 4% or $104,772 at 6%; with 50% employer match about $104,772 at 4% or $69,848 at 6%; with 100% employer match about $78,579 at 4% or $52,386 at 6%.
The Esab Group Inc. Retirement Plan-1,190$56,836,445$3,829,392$3,218iApproximate average salary by contribution assumption: employee only about $80,449 at 4% or $53,633 at 6%; with 50% employer match about $53,633 at 4% or $35,755 at 6%; with 100% employer match about $40,225 at 4% or $26,816 at 6%.
The Esab Group Inc. Savings Plan-1,373$55,657,305$4,969,581$3,620iApproximate average salary by contribution assumption: employee only about $90,488 at 4% or $60,325 at 6%; with 50% employer match about $60,325 at 4% or $40,217 at 6%; with 100% employer match about $45,244 at 4% or $30,163 at 6%.
Retirement Plan for Hourly Employees at Hanover, Pa-298$16,483,503$735,255$2,467iApproximate average salary by contribution assumption: employee only about $61,682 at 4% or $41,122 at 6%; with 50% employer match about $41,122 at 4% or $27,414 at 6%; with 100% employer match about $30,841 at 4% or $20,561 at 6%.
Retirement Plan for Employees of the Esab Group Inc.-227$7,570,761$247,242$1,089iApproximate average salary by contribution assumption: employee only about $27,229 at 4% or $18,153 at 6%; with 50% employer match about $18,153 at 4% or $12,102 at 6%; with 100% employer match about $13,615 at 4% or $9,076 at 6%.
Welfare Benefit Plan of the Esab Group Inc.-1,556---