Defined Benefit (Pension) · DOL Form 5500 · 2022

Westinghouse Electric Company LLC Pension Plan

Data updated 2026-08-11

$1.0B
Total assets
2,788
Participants
99th
Percentile by assets
$363,261
Avg per participant
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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.

  • 99th percentile by assets (of 139,126 plans)
  • #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.

$1.0B
total plan assets (2022 EOY)
2,788
covered participants
99th
percentile by assets (of 139,126 plans)
$363,261
avg assets per participant

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.

Where Westinghouse Electric Company Pension Plan sits 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 $2,010,000,000 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

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Westinghouse Electric Company Pension Plan reports 2,788 participants - 3.4x that state average ($1.0B EOY assets).

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)

$2.4B$2.6B$2.8B$3B$3.2B 202220232024 $2.62B $3.03B ▲ +15.6%
Total plan assets by year, all Westinghouse Electric Company LLC plans on file
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

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 Electri…National Elevator In…Steelworkers Pension…The PNC Financial Se…Constellation Retire…The Bank of New York…
Westinghouse Electric Company Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Westinghouse Electric Company Pension Plan by total assets, not by location.

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).

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Filing takeaways

Ways to act on Westinghouse Electric Company Pension Plan's numbers.