401(k) · DOL Form 5500 · 2022

Westerman, Inc. 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
344
Participants Below avg headcount
75th
Percentile by assets National rank
$50,426
Avg per participant Low balance/head
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Official DOL plan name: Westerman, Inc. 401(k) Plan · Sponsored by Westerman, Inc. · Ohio · Manufacturing

$17M in assets, 344 participants

Westerman, Inc.'s Westerman, Inc. 401(k) Plan reported $17M in total assets and 344 participants in its 2022 DOL Form 5500 filing, ranking in the 75th 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.

  • #13,425 in Manufacturing (20,602 peers)

Coverage in Ohio

Westerman, Inc. 401(k) Plan covers 344 participants in Ohio, about 45% of the average Ohio filer (state average ~765 per filing). Assets: $17M.

#13,425
in Manufacturing (20,602 peers)
-16.5%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Westerman, Inc. 401(k) Plan's outsized position by total assets

Westerman, Inc. 401(k) Plan vs every filed plan by assets

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

$17,346,662 Top 25% higher than 75% of 139,123 filed plans

This plan $0 $2,050,000,000 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

Westerman, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Westerman, Inc. 401(k) Plan sits mid-pack in the medium band (344 participants).

Form 5500 schedule snapshot

Filing strip 314420618 · Westerman, Inc. PY 2022 · 401(k)

Westerman, Inc. 401(k) Plan · $17M · 344 · 75th

  • 5500 $17M
  • 5500 344
  • 5500 75th
  • 5500 401(k)
  • 5500 near Seven-Eleven (Hawaii), Inc. 401(k) Plan
  • 5500 ind #13425

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Ohio →

Westerman, Inc. 401(k) Plan in the asset neighbourhood

Westerman, Inc. 401(k) Plan$17MSeven-Eleven (Hawaii), Inc. 401(k) PlanSeven-Eleven (Hawaii), Inc. …$17MCarleton-Willard Homes, Inc. Retirement PlanCarleton-Willard Homes, Inc.…$17MGerflor USA Inc 401(k) Plan$17MAmg Aluminum North America, LLC Retirement Income Savings PlanAmg Aluminum North America, …$17M
End-of-year total assets ($M) among Westerman, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Ohio filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$17M
Net Income-$3M
Employer EIN314420618
Plan Effective Date2021-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Westerman, Inc.)

Sponsor-wide plan assets over time

All Westerman, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$26M 48.16292610071033% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $17.4M $25.7M ▲ +48.1%
Year Plans Participants Total Assets
2022 1 344 $17M
2023 1 444 $22M
2024 1 374 $26M

Nearby 401(k) Plans in Ohio

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

Westerman, Inc. 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants Westerman, Inc. 401(k) Plan, Total assets ($B): 0.017346662 · Participants: 344Westerman, Inc. 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings PlanMarathon Petroleum Thrift Plan, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum Thrift Plan
Westerman, Inc. 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Westerman, Inc. 401(k) Plan side-by-side with 3 peers →

Westerman, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Seven-Eleven (Hawaii), Inc. 401(k) Plan in HI ($17M); by covered participants it is Standard Iron 401(k) Retirement Plan in MN (344 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (344 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Westerman, Inc. 401(k) Plan assets move in 2022? ▼
Westerman, Inc. 401(k) Plan declined sharply - down 16.5% during 2022, from $21M to $17M. Reported net income was -$3M.
How have Westerman, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Westerman, Inc.'s sponsor-wide assets grew 48.2%, from $17M to $26M.
Where does Westerman, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Westerman, Inc. 401(k) Plan ranks in the 75th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Westerman, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Seven-Eleven (Hawaii), Inc. 401(k) Plan in HI ($17M, 687 participants).
Which 401(k) plans cover a similar participant headcount to Westerman, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Standard Iron 401(k) Retirement Plan in MN (344 participants, $22M in assets).

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 314420618.

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.