401(k) · DOL Form 5500 · 2022

Westlake Management Services, Inc. 401(k) Plan

Data updated 2026-08-11

$1.5B
Total assets
9,573
Participants
99th
Percentile by assets
$153,648
Avg per participant
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Official DOL plan name: Westlake Savings Plan · Sponsored by Westlake Management Services, Inc. · Texas · Manufacturing

$1.5B in assets, 9,573 participants

Westlake Management Services, Inc.'s Westlake Savings Plan reported $1.5B in total assets and 9,573 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)
  • #20,306 in Manufacturing (20,602 peers)

Coverage in Texas

Westlake Savings Plan covers 9,573 participants in Texas, 14x the typical Texas plan (state average ~688 per filing). Assets: $1.5B.

$1.5B
total plan assets (2022 EOY)
9,573
covered participants
99th
percentile by assets (of 139,126 plans)
$153,648
avg assets per participant

The plan reported a net loss of $237M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Westlake Savings Plan reports 9,573 participants - 14x that state average ($1.5B EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$1.6B
Net Assets (End of Year)$1.5B
Net Income-$237M
Employer EIN760321065
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Westlake Management Services, Inc.)

$1.8B$2B$2.2B$2.4B$2.6B 202220232024 $1.89B $2.44B ▲ +29.1%
Total plan assets by year, all Westlake Management Services, Inc. plans on file
Year Plans Participants Total Assets
2022 2 10,778 $1.9B
2023 2 11,622 $2.2B
2024 2 11,688 $2.4B

Nearby 401(k) Plans in Texas

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

Westlake Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Westlake Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000 -10010203040 Total assets ($B) Participants Westlake Savings PlanAT&T Retirement Savi…Exxonmobil Savings P…Caterpillar 401(k) S…American Airlines, I…Dell Inc. 401(k) Plan
Westlake Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Scale composition for Westlake Savings Plan

Westlake Savings Plan reports $1.5B in end-of-year assets across 9,573 participants (0.012% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $153,648 per participant (1.1x the national average assets-per-participant) . Net income for plan year 2022 was -$237M.

This plan identity (EIN 760321065, plan #004) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.5B to $2.0B (+37.6%) while covered participants moved from 9,573 to 10,707 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 9,573 $1.5B This page
2023 10,546 $1.8B Open filing
2024 · index core 10,707 $2.0B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Westlake Savings Plan assets move in 2022?
Westlake Savings Plan pulled back noticeably - down 8.8% during 2022, from $1.6B to $1.5B. Reported net income was -$237M.
How have Westlake Management Services, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Westlake Management Services, Inc.'s sponsor-wide assets grew 29.4%, from $1.9B to $2.4B.
Where does Westlake Savings Plan rank by assets among Form 5500 filers?
Westlake 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 Westlake Savings Plan?
Among 401(k) plans in other states, the closest by assets is Shaw Industries Group, Inc. Retirement Savings Plan in GA ($1.5B, 19,674 participants).

Filing takeaways

Ways to act on Westlake Savings Plan's numbers.