Defined Benefit (Pension) · DOL Form 5500 · 2022
Westlake Management Services, Inc. Pension Plan
Data updated 2026-08-11
- $415M
- Total assets
- 1,205
- Participants
- 98th
- Percentile by assets
- $344,782
- Avg per participant
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.
- 98th percentile by assets (of 139,126 plans)
- #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.
- $415M
- total plan assets (2022 EOY)
- 1,205
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $344,782
- avg assets per participant
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 vs the 2022 asset distribution
By assets, Westlake Defined Benefit Plan outranks 98% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 4.2x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $562M |
|---|---|
| Net Assets (End of Year) | $415M |
| Net Income | -$146M |
| Employer EIN | 760321065 |
| Plan Effective Date | 1990-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Westlake Management Services, Inc.)
| 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
- AT&T Pension Benefit Plan $41.0B · 119,463
- Shell Pension Plan $14.6B · 12,912
- Exxonmobil Pension Plan $11.6B · 23,661
- Caterpillar Inc. Retirement Income Plan $9.5B · 12,815
- Bp Retirement Accumulation Plan $5.4B · 9,156
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Westlake Defined Benefit Plan by total assets, not by location.
- Ashland Hercules Pension Plan II (KY) $415M · 285
- The Clorox Company Pension Plan (CA) $416M · 1,727
- Local 68 Engineers Union Pension Plan (NJ) $414M · 2,293
- Pension Plan for All Eligible Employees of Crane (CT) $417M · 800
Frequently Asked Questions
How did Westlake Defined Benefit Plan assets move in 2022? ▼
How have Westlake Management Services, Inc. plan assets changed over time? ▼
Where does Westlake Defined Benefit Plan rank by assets among Form 5500 filers? ▼
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Next read for Westlake Defined Benefit Plan
Scale reading
Ways to act on Westlake Defined Benefit Plan's numbers.
- By total assets, Westlake Defined Benefit Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Texas. Compare plans
- Westlake Management Services, Inc.'s sponsor-wide assets have grown 29.4% since 2022 across 3 plan years on file. More Manufacturing plans