401(k) · DOL Form 5500 · 2022

Westinghouse Air Brake Technologies Corporation 401(k) Plan

Data updated 2026-08-11

$1.0B
Total assets
10,120
Participants
99th
Percentile by assets
$102,579
Avg per participant
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Official DOL plan name: Wabtec Savings Plan · Sponsored by Westinghouse Air Brake Technologies Corporation · Pennsylvania · Manufacturing

$1.0B in assets, 10,120 participants

Westinghouse Air Brake Technologies Corporation's Wabtec Savings Plan reported $1.0B in total assets and 10,120 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 99th percentile by assets (of 139,126 plans)
  • #20,211 in Manufacturing (20,602 peers)

Coverage in Pennsylvania

Wabtec Savings Plan covers 10,120 participants in Pennsylvania, 12x the typical Pennsylvania plan (state average ~822 per filing). Assets: $1.0B.

$1.0B
total plan assets (2022 EOY)
10,120
covered participants
99th
percentile by assets (of 139,126 plans)
$102,579
avg assets per participant

The plan reported a net loss of $173M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Wabtec Savings Plan reports 10,120 participants - 12x that state average ($1.0B EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.0B
Net Income-$173M
Employer EIN251615902
Plan Effective Date1990-03-09
Filing StatusFILING RECEIVED

Sponsor Plan History (Westinghouse Air Brake Technologies Corporation)

$1B$1.2B$1.4B$1.6B$1.8B 202220232024 $1.07B $1.63B ▲ +52.3%
Total plan assets by year, all Westinghouse Air Brake Technologies Corporation plans on file
Year Plans Participants Total Assets
2022 2 10,324 $1.1B
2023 2 11,325 $1.4B
2024 2 12,296 $1.6B

Nearby 401(k) Plans in Pennsylvania

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Wabtec Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Wabtec Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000120000 05101520 Total assets ($B) Participants Wabtec Savings PlanComcast Corporation …Cigna 401(k) PlanThe PNC Financial Se…The Vanguard Retirem…The Bank of New York…
Wabtec Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Scale composition for Wabtec Savings Plan

Wabtec Savings Plan reports $1.0B in end-of-year assets across 10,120 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.011% of 93,925,755 covered participants) - about $102,579 per participant (74% of the national average assets-per-participant) . Net income for plan year 2022 was -$173M.

This plan identity (EIN 251615902, plan #004) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.0B to $1.6B (+52.4%) while covered participants moved from 10,120 to 12,095 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 10,120 $1.0B This page
2023 11,141 $1.3B Open filing
2024 · index core 12,095 $1.6B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Wabtec Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Wabtec Savings Plan assets move in 2022?
Wabtec Savings Plan pulled back noticeably - down 14.3% during 2022, from $1.2B to $1.0B. Reported net income was -$173M.
How have Westinghouse Air Brake Technologies Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Westinghouse Air Brake Technologies Corporation's sponsor-wide assets grew 52.8%, from $1.1B to $1.6B.
Where does Wabtec Savings Plan rank by assets among Form 5500 filers?
Wabtec Savings Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Wabtec Savings Plan?
Among 401(k) plans in other states, the closest by assets is Viasat, Inc. 401(k) Profit Sharing Plan in CA ($1.0B, 5,425 participants).

Filing takeaways

Ways to act on Wabtec Savings Plan's numbers.

  • By total assets, Wabtec Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
  • Westinghouse Air Brake Technologies Corporation's sponsor-wide assets have grown 52.8% since 2022 across 3 plan years on file. More Manufacturing plans