Defined Benefit (Pension) · DOL Form 5500 · 2022

Westinghouse Electric Company LLC Pension Plan

Data updated 2026-08-25

$1.0B
Total assets Very large vs avg
2,788
Participants Above avg headcount
99th
Percentile by assets National rank
$363,261
Avg per participant High balance/head
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Official DOL plan name: Westinghouse Electric Company Pension Plan · Sponsored by Westinghouse Electric Company LLC · Pennsylvania · Professional & Technical Services

$1.0B in assets, 2,788 participants

Westinghouse Electric Company LLC's Westinghouse Electric Company Pension Plan reported $1.0B in total assets and 2,788 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.

  • #21,411 in Professional & Technical Services (21,562 peers)

Coverage in Pennsylvania

Westinghouse Electric Company Pension Plan covers 2,788 participants in Pennsylvania, 3.4x the typical Pennsylvania plan (state average ~822 per filing). Assets: $1.0B.

#21,411
in Professional & Technical Services (21,562 peers)
-27.6%
assets change YoY
10×
vs typical plan assets (national mean)

The plan reported a net loss of $387M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Westinghouse Electric Company Pension Plan's outsized position by total assets

Westinghouse Electric Company Pension Plan vs every filed plan by assets

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

$1,012,772,404 Top 1% higher than 99% 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

Westinghouse Electric Company Pension 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. Westinghouse Electric Company Pension Plan lands in the large band (2,788 participants).

EBSA filing schedule strip

Filing strip 522140933 · Westinghouse Electric Company LLC PY 2022 · Defined Benefit (Pension)

Westinghouse Electric Company Pension Plan · $1.0B · 2,788 · 99th

  • PCT $1.0B
  • EIN 2,788
  • RANK 99th
  • PHOTO Defined Benefit (Pension)
  • IND near Meijer Hourly Pension Plan
  • EOY ind #21411

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 Professional & Technical Services retirement plans → · Plans in Pennsylvania →

Westinghouse Electric Company Pension Plan in the asset neighbourhood

American Express Retirement PlanAmerican Express Retirement …$1.0BWestinghouse Electric Company Pension PlanWestinghouse Electric Compan…$1.0BMeijer Hourly Pension Plan$1.0BSheet Metal Workers' Pension Plan of Southern California Arizona and NevadaSheet Metal Workers' Pension…$1.0BChevron Phillips Chemical Company LP Retirement PlanChevron Phillips Chemical Co…$1.0B
End-of-year total assets ($B) among Westinghouse Electric Company Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$1.4B
Net Assets (End of Year)$1.0B
Net Income-$387M
Employer EIN522140933
Plan Effective Date1999-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Westinghouse Electric Company LLC)

Sponsor-wide plan assets over time

All Westinghouse Electric Company LLC plans reported in each filing year

Latest sponsor-wide plan assets
$3.0B 15.538250180589289% vs 2022
2024 filing year
$2.4B$2.6B$2.8B$3B$3.2B 202220232024 $2.62B $3.03B ▲ +15.6%
Year Plans Participants Total Assets
2022 4 7,643 $2.6B
2023 4 7,367 $3.0B
2024 4 12,002 $3.0B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Westinghouse Electric Company Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 051015 Total assets ($B) Participants Westinghouse Electric Company Pension Plan, Total assets ($B): 1.012772404 · Participants: 2788Westinghouse Electric Company Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 10.401485458 · Participants: 27097National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 5.908424468 · Participants: 52395Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.402519 · Participants: 63731The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.359207207 · Participants: 5314Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 4.968344232 · Participants: 8098The Bank of New York Mellon Corporation Pension Plan
Westinghouse Electric Company Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

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

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Meijer Hourly Pension Plan in MI ($1.0B); by covered participants it is Freeport Minerals Corporation Retirement Plan in AZ (2,788 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,788 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 Westinghouse Electric Company Pension Plan assets move in 2022? ▼
Westinghouse Electric Company Pension Plan declined sharply - down 27.6% during 2022, from $1.4B to $1.0B. Reported net income was -$387M.
How have Westinghouse Electric Company LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Westinghouse Electric Company LLC's sponsor-wide assets grew 15.5%, from $2.6B to $3.0B.
Where does Westinghouse Electric Company Pension Plan rank by assets among Form 5500 filers? ▼
Westinghouse Electric Company Pension 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 Defined Benefit (Pension) plans are similar in size to Westinghouse Electric Company Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Meijer Hourly Pension Plan in MI ($1.0B, 7,512 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Westinghouse Electric Company Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Freeport Minerals Corporation Retirement Plan in AZ (2,788 participants, $1.4B in assets).