401(k) · DOL Form 5500 · 2023

Westinghouse Air Brake Technologies Corporation 401(k) Plan

Data updated 2026-08-25

$1.3B
Total assets Very large vs avg
11,141
Participants Very large workforce
99th
Percentile by assets National rank
$118,421
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Wabtec Savings Plan · Sponsored by Westinghouse Air Brake Technologies Corporation · Pennsylvania · Manufacturing

$1.3B in assets, 11,141 participants

Westinghouse Air Brake Technologies Corporation's Wabtec Savings Plan reported $1.3B in total assets and 11,141 participants in its 2023 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.

  • #18,358 in Manufacturing (18,722 peers)

Coverage in Pennsylvania

Wabtec Savings Plan covers 11,141 participants in Pennsylvania, 14x the typical Pennsylvania plan (state average ~822 per filing). Assets: $1.3B.

#18,358
in Manufacturing (18,722 peers)
+27.1%
assets growth YoY
13×
vs typical plan assets (national mean)

Wabtec Savings Plan's outsized position by total assets

Wabtec Savings Plan vs every filed plan by assets

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

$1,319,326,636 Top 1% higher than 99% 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

Wabtec Savings Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Wabtec Savings Plan is a mega filing (11,141 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Wabtec Savings Plan reported net income rose from -$173M in the plan year 2022 filing to $267M in the plan year 2023 filing.
  • Wabtec Savings Plan end-of-year assets rose from $1.0B in the plan year 2022 filing to $1.3B in the plan year 2023 filing.
  • Wabtec Savings Plan reported participants rose from 10,120 in the plan year 2022 filing to 11,141 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 251615902 · Westinghouse Air Brake Technologies Corporation PY 2023 · 401(k)

Wabtec Savings Plan · $1.3B · 11,141 · 99th

  • PCT $1.3B
  • EIN 11,141
  • RANK 99th
  • PHOTO 401(k)
  • IND near Hub International Limited 401(k) Savings Plan
  • EOY ind #18358

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 Pennsylvania →

Wabtec Savings Plan in the asset neighbourhood

Wabtec Savings Plan$1.3BHub International Limited 401(k) Savings PlanHub International Limited 40…$1.3BNovelis Savings and Retirement PlanNovelis Savings and Retireme…$1.3BClayton Homes, Inc. 401(k) Retirement PlanClayton Homes, Inc. 401(k) R…$1.3BJ.B. Hunt Transport Services, Inc. Employee Retirement PlanJ.B. Hunt Transport Services…$1.3B
End-of-year total assets ($B) among Wabtec Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$1.0B
Net Assets (End of Year)$1.3B
Net Income$267M
Employer EIN251615902
Plan Effective Date1990-03-09
Filing StatusFILING RECEIVED

Sponsor Plan History (Westinghouse Air Brake Technologies Corporation)

Sponsor-wide plan assets over time

All Westinghouse Air Brake Technologies Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$1.6B 52.800929190613886% vs 2022
2024 filing year
$1B$1.2B$1.4B$1.6B$1.8B 202220232024 $1.07B $1.63B ▲ +52.3%
Year Plans Participants Total Assets
2022 2 10,324 $1.1B
2023 2 11,325 $1.4B
2024 2 12,296 $1.6B

Nearby 401(k) Plans in Pennsylvania

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

Wabtec Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 05101520 Total assets ($B) Participants Wabtec Savings Plan, Total assets ($B): 1.319326636 · Participants: 11141Wabtec Savings PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
Wabtec Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Wabtec Savings Plan side-by-side with 3 peers →

Scale composition for Wabtec Savings Plan

Wabtec Savings Plan reports $1.3B in end-of-year assets across 11,141 participants (0.011% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $118,421 per participant (86% of the national average assets-per-participant) . Net income for plan year 2023 was $267M.

This plan identity (EIN 251615902, plan #004) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.0B to $1.6B (+52.4%) while covered participants moved from 10,120 to 12,095 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 10,120 $1.0B Open filing
2023 11,141 $1.3B This page
2024 · index core 12,095 $1.6B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Wabtec Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Hub International Limited 401(k) Savings Plan in IL ($1.3B); by covered participants it is Ss&c Technologies, Inc. 401(k) Retirement Savings Plan in CT (11,132 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.3B here).

Similar participant headcount

Nearest other-state filings by covered participants (11,141 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 Wabtec Savings Plan assets move in 2023? ▼
Wabtec Savings Plan grew sharply - up 27.1% during 2023, from $1.0B to $1.3B. Reported net income was $267M.
How have Westinghouse Air Brake Technologies Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Westinghouse Air Brake Technologies Corporation's sponsor-wide assets grew 52.8%, from $1.1B to $1.6B.
Where does Wabtec Savings Plan rank by assets among Form 5500 filers? ▼
Wabtec Savings Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Wabtec Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hub International Limited 401(k) Savings Plan in IL ($1.3B, 11,255 participants).
Which 401(k) plans cover a similar participant headcount to Wabtec Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ss&c Technologies, Inc. 401(k) Retirement Savings Plan in CT (11,132 participants, $1.5B 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 251615902.

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.