401(k) · DOL Form 5500 · 2023
Westinghouse Air Brake Technologies Corporation 401(k) Plan
Data updated 2026-08-11
- $1.3B
- Total assets
- 11,141
- Participants
- 99th
- Percentile by assets
- $118,421
- Avg per participant
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.
- 99th percentile by assets (of 127,072 plans)
- #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.
- $1.3B
- total plan assets (2023 EOY)
- 11,141
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $118,421
- avg assets per participant
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.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Wabtec Savings Plan reports 11,141 participants - 14x that state average ($1.3B EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $1.0B |
|---|---|
| Net Assets (End of Year) | $1.3B |
| Net Income | $267M |
| Employer EIN | 251615902 |
| Plan Effective Date | 1990-03-09 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Westinghouse Air Brake Technologies Corporation)
| 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
- Comcast Corporation Retirement - Investment Plan $17.4B · 93,136
- Cigna 401(k) Plan $13.0B · 66,760
- The Vanguard Retirement and Savings Plan $9.8B · 18,200
- The PNC Financial Services Group, Inc. Incentive Savings Plan $9.3B · 61,697
- The Bank of New York Mellon Corporation 401(k) Savings Plan $9.0B · 25,184
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 (401(k), $1.6B, 12,095 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Wabtec Savings Plan by total assets, not by location.
- Hub International Limited 401(k) Savings Plan (IL) $1.3B · 11,255
- Novelis Savings and Retirement Plan (GA) $1.3B · 5,439
- Clayton Homes, Inc. 401(k) Retirement Plan (TN) $1.3B · 19,824
- J.B. Hunt Transport Services, Inc. Employee Retirement Plan (AR) $1.3B · 39,077
Frequently Asked Questions
How did Wabtec Savings Plan assets move in 2023? ▼
How have Westinghouse Air Brake Technologies Corporation plan assets changed over time? ▼
Where does Wabtec Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Wabtec Savings Plan? ▼
Next read for Wabtec Savings Plan
Filing takeaways
Ways to act on Wabtec Savings Plan's numbers.
- By total assets, Wabtec Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
- Westinghouse Air Brake Technologies Corporation's sponsor-wide assets have grown 52.8% since 2022 across 3 plan years on file. More Manufacturing plans