401(k) · DOL Form 5500 · 2023

The Westervelt Company 401(k) Plan

Data updated 2026-08-25

$125M
Total assets Near avg plan size
686
Participants Below avg headcount
93rd
Percentile by assets National rank
$182,220
Avg per participant Above avg balance/head
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Official DOL plan name: The Westervelt Company Savings and Investment Plan · Sponsored by The Westervelt Company · Alabama · Manufacturing

$125M in assets, 686 participants

The Westervelt Company's The Westervelt Company Savings and Investment Plan reported $125M in total assets and 686 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #16,609 in Manufacturing (18,722 peers)

Where The Westervelt Company Savings and Investment Plan sits by assets

The Westervelt Company Savings and Investment Plan sits in the top 10% of all filed plans by assets, $125M for 686 participants (~$182,220/participant), up 15.7% in 2023.

#16,609
in Manufacturing (18,722 peers)
+15.7%
assets growth YoY
1.3×
vs typical plan assets (national mean)

The Westervelt Company Savings and Investment Plan's outsized position by total assets

The Westervelt Company Savings and Investment Plan vs every filed plan by assets

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

$125,002,988 Top 7% higher than 93% 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

The Westervelt Company Savings and Investment 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. The Westervelt Company Savings and Investment Plan sits mid-pack in the medium band (686 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Westervelt Company Savings and Investment Plan reported net income rose from -$22M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • The Westervelt Company Savings and Investment Plan end-of-year assets rose from $108M in the plan year 2022 filing to $125M in the plan year 2023 filing.
  • The Westervelt Company Savings and Investment Plan reported participants rose from 651 in the plan year 2022 filing to 686 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 631158654 · The Westervelt Company PY 2023 · 401(k)

The Westervelt Company Savings and Investment Plan · $125M · 686 · 93rd

  • IND $125M
  • EOY 686
  • 5500 93rd
  • ASSETS 401(k)
  • PCT near Solarwinds Worldwide LLC 401(k) Plan
  • EIN ind #16609

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 Alabama →

The Westervelt Company Savings and Investment Plan in the asset neighbourhood

Solarwinds Worldwide LLC 401(k) PlanSolarwinds Worldwide LLC 401…$125MPebble Beach Company 401(k) PlanPebble Beach Company 401(k) …$125MPavion Corp. 401(k) Plan$125MThe Westervelt Company Savings and Investment PlanThe Westervelt Company Savin…$125MG&w Electric Company Profit Sharing Plan and TrustG&w Electric Company Profit …$125M
End-of-year total assets ($M) among The Westervelt Company Savings and Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$108M
Net Assets (End of Year)$125M
Net Income$17M
Employer EIN631158654
Plan Effective Date1957-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Westervelt Company)

Sponsor-wide plan assets over time

All The Westervelt Company plans reported in each filing year

Latest sponsor-wide plan assets
$137M 26.441017652208178% vs 2022
2024 filing year
$100M$110M$120M$130M$140M 202220232024 $108M $137M ▲ +26.4%
Year Plans Participants Total Assets
2022 1 651 $108M
2023 1 686 $125M
2024 1 689 $137M

Nearby 401(k) Plans in Alabama

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

The Westervelt Company Savings and Investment Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants The Westervelt Company Savings and Investment Plan, Total assets ($B): 0.125002988 · Participants: 686The Westervelt Company Savings and Investment PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 2.854553916 · Participants: 20733Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.49327201 · Participants: 24565Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.479278219 · Participants: 4618Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.361024189 · Participants: 9487Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.090263356 · Participants: 0Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
The Westervelt Company Savings and Investment Plan vs. nearby 401(k) plans in Alabama, assets vs. participants
Compare The Westervelt Company Savings and Investment Plan side-by-side with 3 peers →

The Westervelt Company Savings and Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Solarwinds Worldwide LLC 401(k) Plan in TX ($125M); by covered participants it is Texas Health Flower Mound Employees Savings Trust in TX (686 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($125M here).

Similar participant headcount

Nearest other-state filings by covered participants (686 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 The Westervelt Company Savings and Investment Plan assets move in 2023? ▼
The Westervelt Company Savings and Investment Plan grew sharply - up 15.7% during 2023, from $108M to $125M. Reported net income was $17M.
How have The Westervelt Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Westervelt Company's sponsor-wide assets grew 26.4%, from $108M to $137M.
Where does The Westervelt Company Savings and Investment Plan rank by assets among Form 5500 filers? ▼
The Westervelt Company Savings and Investment Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to The Westervelt Company Savings and Investment Plan? ▼
Among 401(k) plans in other states, the closest by assets is Solarwinds Worldwide LLC 401(k) Plan in TX ($125M, 871 participants).
Which 401(k) plans cover a similar participant headcount to The Westervelt Company Savings and Investment Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Texas Health Flower Mound Employees Savings Trust in TX (686 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 631158654.

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.