Defined Benefit (Pension) · DOL Form 5500 · 2022

Westlake Management Services, Inc. Pension Plan

Data updated 2026-08-25

$415M
Total assets Above avg plan size
1,205
Participants Near avg headcount
98th
Percentile by assets National rank
$344,782
Avg per participant High balance/head
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Official DOL plan name: Westlake Defined Benefit Plan · Sponsored by Westlake Management Services, Inc. · Texas · Manufacturing

$415M in assets, 1,205 participants

Westlake Management Services, Inc.'s Westlake Defined Benefit Plan reported $415M in total assets and 1,205 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • #19,768 in Manufacturing (20,602 peers)

Where Westlake Defined Benefit Plan sits by assets

Westlake Defined Benefit Plan sits in the top 5% of all filed plans by assets, $415M for 1,205 participants (~$344,782/participant), down 26.0% in 2022.

#19,768
in Manufacturing (20,602 peers)
-26.0%
assets change YoY
4.2×
vs typical plan assets (national mean)

The plan reported a net loss of $146M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Westlake Defined Benefit Plan's outsized position by total assets

Westlake Defined Benefit Plan vs every filed plan by assets

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

$415,462,666 Top 2% higher than 98% 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

Westlake Defined Benefit Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Westlake Defined Benefit Plan lands in the large band (1,205 participants).

Form 5500 schedule snapshot

Filing strip 760321065 · Westlake Management Services, Inc. PY 2022 · Defined Benefit (Pension)

Westlake Defined Benefit Plan · $415M · 1,205 · 98th

  • TYPE $415M
  • NET 1,205
  • BOOK 98th
  • VS-ST Defined Benefit (Pension)
  • BOY near Ashland Hercules Pension Plan II
  • SCH ind #19768

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 Texas →

Westlake Defined Benefit Plan in the asset neighbourhood

Pension Plan for All Eligible Employees of CranePension Plan for All Eligibl…$417MThe Clorox Company Pension PlanThe Clorox Company Pension P…$416MWestlake Defined Benefit Plan$415MAshland Hercules Pension Plan IIAshland Hercules Pension Pla…$415MLocal 68 Engineers Union Pension PlanLocal 68 Engineers Union Pen…$414M
End-of-year total assets ($M) among Westlake Defined Benefit Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$562M
Net Assets (End of Year)$415M
Net Income-$146M
Employer EIN760321065
Plan Effective Date1990-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Westlake Management Services, Inc.)

Sponsor-wide plan assets over time

All Westlake Management Services, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2.4B 29.431467805450534% vs 2022
2024 filing year
$1.8B$2B$2.2B$2.4B$2.6B 202220232024 $1.89B $2.44B ▲ +29.1%
Year Plans Participants Total Assets
2022 2 10,778 $1.9B
2023 2 11,622 $2.2B
2024 2 11,688 $2.4B

Nearby Defined Benefit (Pension) Plans in Texas

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Westlake Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Westlake Defined Benefit Plan, Total assets ($B): 0.415462666 · Participants: 1205Westlake Defined Benefit PlanAT&T Pension Benefit Plan, Total assets ($B): 40.998144 · Participants: 119463AT&T Pension Benefit PlanShell Pension Plan, Total assets ($B): 14.642588618 · Participants: 12912Shell Pension PlanExxonmobil Pension Plan, Total assets ($B): 11.599 · Participants: 23661Exxonmobil Pension PlanCaterpillar Inc. Retirement Income Plan, Total assets ($B): 9.541187279 · Participants: 12815Caterpillar Inc. Retirement Income PlanBp Retirement Accumulation Plan, Total assets ($B): 5.371602289 · Participants: 9156Bp Retirement Accumulation Plan
Westlake Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
Compare Westlake Defined Benefit Plan side-by-side with 3 peers →

Westlake Defined Benefit Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Texas, the nearest Defined Benefit (Pension) by assets is Ashland Hercules Pension Plan II in KY ($415M); by covered participants it is Sparrow Health System Associate Pension Plan in MI (1,205 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($415M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,205 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 Westlake Defined Benefit Plan assets move in 2022? ▼
Westlake Defined Benefit Plan declined sharply - down 26.0% during 2022, from $562M to $415M. Reported net income was -$146M.
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 Defined Benefit Plan rank by assets among Form 5500 filers? ▼
Westlake Defined Benefit Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Westlake Defined Benefit Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ashland Hercules Pension Plan II in KY ($415M, 285 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Westlake Defined Benefit Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Sparrow Health System Associate Pension Plan in MI (1,205 participants, $372M 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 760321065.

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.