401(k) · DOL Form 5500 · 2023
The Westervelt Company 401(k) Plan
Data updated 2026-08-11
- $125M
- Total assets
- 686
- Participants
- 93rd
- Percentile by assets
- $182,220
- Avg per participant
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.
- 93rd percentile by assets (of 127,072 plans)
- #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.
- $125M
- total plan assets (2023 EOY)
- 686
- covered participants
- 93rd
- percentile by assets (of 127,072 plans)
- $182,220
- avg assets per participant
Where The Westervelt Company Savings and Investment Plan sits 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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
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.
The Westervelt Company Savings and Investment Plan vs the 2023 asset distribution
By assets, The Westervelt Company Savings and Investment Plan outranks 93% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.3x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $108M |
|---|---|
| Net Assets (End of Year) | $125M |
| Net Income | $17M |
| Employer EIN | 631158654 |
| Plan Effective Date | 1957-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Westervelt Company)
| 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.
- Regions Financial Corporation 401(k) Plan $2.9B · 20,733
- Encompass Health Corporation 401(k) Retirement Plan $1.5B · 24,565
- Hexagon Employee Retirement Savings Plan $1.5B · 4,618
- Vulcan 401(k) Plan $1.4B · 9,487
- Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan $1.1B · N/A
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The Westervelt Company Savings and Investment Plan by total assets, not by location.
- Solarwinds Worldwide LLC 401(k) Plan (TX) $125M · 871
- Pebble Beach Company 401(k) Plan (CA) $125M · 2,342
- Pavion Corp. 401(k) Plan (VA) $125M · 1,478
- G&w Electric Company Profit Sharing Plan and Trust (IL) $125M · 858
Frequently Asked Questions
How did The Westervelt Company Savings and Investment Plan assets move in 2023? ▼
How have The Westervelt Company plan assets changed over time? ▼
Where does The Westervelt Company Savings and Investment Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to The Westervelt Company Savings and Investment Plan? ▼
Next read for The Westervelt Company Savings and Inves…
Scale reading
Ways to act on The Westervelt Company Savings and Investment Plan's numbers.
- By total assets, The Westervelt Company Savings and Investment Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Alabama. Compare plans
- The Westervelt Company's sponsor-wide assets have grown 26.4% since 2022 across 3 plan years on file. More Manufacturing plans