401(k) · DOL Form 5500 · 2022

The Westervelt Company 401(k) Plan

Data updated 2026-08-11

$108M
Total assets
651
Participants
93rd
Percentile by assets
$165,997
Avg per participant
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Official DOL plan name: The Westervelt Company Savings and Investment Plan · Sponsored by The Westervelt Company · Alabama · Manufacturing

$108M in assets, 651 participants

The Westervelt Company's The Westervelt Company Savings and Investment Plan reported $108M in total assets and 651 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 139,126 plans)
  • #18,450 in Manufacturing (20,602 peers)

Where The Westervelt Company Savings and Investment Plan sits by assets

The Westervelt Company Savings and Investment Plan sits in the top 10% of all filed plans by assets, $108M for 651 participants (~$165,997/participant), down 16.7% in 2022.

$108M
total plan assets (2022 EOY)
651
covered participants
93rd
percentile by assets (of 139,126 plans)
$165,997
avg assets per participant

The plan reported a net loss of $22M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where The Westervelt Company Savings and Investment Plan sits by total assets

The Westervelt Company Savings and Investment Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$108,063,874 Top 7% higher than 93% of 139,123 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

State
Alabama
Industry
Manufacturing

The Westervelt Company Savings and Investment Plan vs the 2022 asset distribution

By assets, The Westervelt Company Savings and Investment Plan outranks 93% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$130M
Net Assets (End of Year)$108M
Net Income-$22M
Employer EIN631158654
Plan Effective Date1957-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Westervelt Company)

$100M$110M$120M$130M$140M 202220232024 $108M $137M ▲ +26.4%
Total plan assets by year, all The Westervelt Company plans on file
Year Plans Participants Total Assets
2022 1 651 $108M
2023 1 686 $125M
2024 1 689 $137M

Nearby 401(k) Plans in Alabama

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

The Westervelt Company Savings and Investment Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants The Westervelt Compa…, Total assets ($B): 0.108063874 · Participants: 651The Westervelt Compa…Regions Financial Co…, Total assets ($B): 2.473693723 · Participants: 20809Regions Financial Co…Encompass Health Cor…, Total assets ($B): 1.247463658 · Participants: 26602Encompass Health Cor…Hexagon Employee Ret…, Total assets ($B): 1.211223713 · Participants: 4237Hexagon Employee Ret…Vulcan 401(k) Plan, Total assets ($B): 1.148537747 · Participants: 8489Vulcan 401(k) PlanMercedes-Benz U.S. I…, Total assets ($B): 0.930385246 · Participants: 4593Mercedes-Benz U.S. I…
The Westervelt Company Savings and Investment Plan vs. nearby 401(k) plans in Alabama, assets vs. participants
Compare The Westervelt Company Savings and Inves… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Westervelt Company Savings and Investment Plan by total assets, not by location.

Frequently Asked Questions

How did The Westervelt Company Savings and Investment Plan assets move in 2022? ▼
The Westervelt Company Savings and Investment Plan declined sharply - down 16.7% during 2022, from $130M to $108M. Reported net income was -$22M.
How have The Westervelt Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Westervelt Company's sponsor-wide assets grew 26.4%, from $108M to $137M.
Where does The Westervelt Company Savings and Investment Plan rank by assets among Form 5500 filers? ▼
The Westervelt Company Savings and Investment Plan ranks in the 93rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to The Westervelt Company Savings and Investment Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bissell Inc. 401(k) Plan in MI ($108M, 877 participants).

Next read for The Westervelt Company Savings and Inves…

Scale reading

Ways to act on The Westervelt Company Savings and Investment Plan's numbers.

  • By total assets, The Westervelt Company Savings and Investment Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Alabama. Compare plans
  • The Westervelt Company's sponsor-wide assets have grown 26.4% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 631158654.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.