401(k) · DOL Form 5500 · 2023

Westell Technologies, Inc. 401(k) Plan

Data updated 2026-08-25

$40M
Total assets Below avg plan size
104
Participants Small participant base
83rd
Percentile by assets National rank
$381,239
Avg per participant High balance/head
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Official DOL plan name: Westell Technologies, Inc. and Subsidiaries 401(k) Plan · Sponsored by Westell Technologies, Inc. · Illinois · Manufacturing

$40M in assets, 104 participants

Westell Technologies, Inc.'s Westell Technologies, Inc. and Subsidiaries 401(k) Plan reported $40M in total assets and 104 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #14,189 in Manufacturing (18,722 peers)

Coverage in Illinois

Westell Technologies, Inc. and Subsidiaries 401(k) Plan covers 104 participants in Illinois, about 13% of the average Illinois filer (state average ~779 per filing). Assets: $40M.

#14,189
in Manufacturing (18,722 peers)
+15.5%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Westell Technologies, Inc. and Subsidiaries 401(k) Plan's outsized position by total assets

Westell Technologies, Inc. and Subsidiaries 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$39,648,826 Top 17% higher than 83% of 127,068 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 2023

Westell Technologies, Inc. and Subsidiaries 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Westell Technologies, Inc. and Subsidiaries 401(k) Plan sits mid-pack in the medium band (104 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Westell Technologies, Inc. and Subsidiaries 401(k) Plan reported net income rose from -$10M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Westell Technologies, Inc. and Subsidiaries 401(k) Plan end-of-year assets rose from $34M in the plan year 2022 filing to $40M in the plan year 2023 filing.
  • Westell Technologies, Inc. and Subsidiaries 401(k) Plan reported participants rose from 96 in the plan year 2022 filing to 104 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 363154957 · Westell Technologies, Inc. PY 2023 · 401(k)

Westell Technologies, Inc. and Subsidiaries 401(k) Plan · $40M · 104 · 83rd

  • ASSETS $40M
  • PCT 104
  • EIN 83rd
  • RANK 401(k)
  • PHOTO near Lapp Holding NA, Inc. 401(k) Plan
  • IND ind #14189

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 Illinois →

Westell Technologies, Inc. and Subsidiaries 401(k) Plan in the asset neighbourhood

Westell Technologies, Inc. and Subsidiaries 401(k) PlanWestell Technologies, Inc. a…$40MLapp Holding NA, Inc. 401(k) PlanLapp Holding NA, Inc. 401(k)…$40MArapahoe Motors, Inc. Dba Ralph Schomp Honda, Inc. 401(k) PlanArapahoe Motors, Inc. Dba Ra…$40MGust Rosenfeld P. L. C. Retirement PlanGust Rosenfeld P. L. C. Reti…$40MCcs Medical 401(k) Plan$40M
End-of-year total assets ($M) among Westell Technologies, Inc. and Subsidiaries 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$40M
Net Income$5M
Employer EIN363154957
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Westell Technologies, Inc.)

Sponsor-wide plan assets over time

All Westell Technologies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$43M 24.90571152155951% vs 2022
2024 filing year
$30M$35M$40M$45M 202220232024 $34.3M $42.9M ▲ +24.9%
Year Plans Participants Total Assets
2022 1 96 $34M
2023 1 104 $40M
2024 1 95 $43M

Nearby 401(k) Plans in Illinois

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

Westell Technologies, Inc. and Subsidiaries 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Westell Technologies, Inc. and Subsidiaries 401(k) Plan, Total assets ($B): 0.039648826 · Participants: 104Westell Technologies, Inc. and Subsidiaries 401(k) PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Westell Technologies, Inc. and Subsidiaries 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Westell Technologies, Inc. and Subsidiaries 401(k) Plan side-by-side with 3 peers →

Westell Technologies, Inc. and Subsidiaries 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Lapp Holding NA, Inc. 401(k) Plan in NJ ($40M); by covered participants it is Penn Automotive, Inc. 401(k) Plan in MI (104 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($40M here).

Similar participant headcount

Nearest other-state filings by covered participants (104 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Westell Technologies, Inc. and Subsidiaries 401(k) Plan assets move in 2023? ▼
Westell Technologies, Inc. and Subsidiaries 401(k) Plan grew sharply - up 15.5% during 2023, from $34M to $40M. Reported net income was $5M.
How have Westell Technologies, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Westell Technologies, Inc.'s sponsor-wide assets grew 24.9%, from $34M to $43M.
Where does Westell Technologies, Inc. and Subsidiaries 401(k) Plan rank by assets among Form 5500 filers? ▼
Westell Technologies, Inc. and Subsidiaries 401(k) Plan ranks in the 83rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Westell Technologies, Inc. and Subsidiaries 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Lapp Holding NA, Inc. 401(k) Plan in NJ ($40M, 279 participants).
Which 401(k) plans cover a similar participant headcount to Westell Technologies, Inc. and Subsidiaries 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Penn Automotive, Inc. 401(k) Plan in MI (104 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 363154957.

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.