401(k) · DOL Form 5500 · 2023

Westinghouse Electric Company LLC 401(k) Plan

Data updated 2026-08-06

$1.9B
Total assets
4,803
Participants
99th
Percentile by assets
$391,804
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Westinghouse Electric Company Savings Plan · Sponsored by Westinghouse Electric Company LLC · Pennsylvania · Professional & Technical Services

$1.9B in assets, 4,803 participants

Westinghouse Electric Company LLC's Westinghouse Electric Company Savings Plan reported $1.9B in total assets and 4,803 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 126,618 plans)
  • #20,177 in Professional & Technical Services (20,271 peers)

Coverage in Pennsylvania

Westinghouse Electric Company Savings Plan covers 4,803 participants in Pennsylvania, 5.8x the typical Pennsylvania plan (state average ~824 per filing). Assets: $1.9B.

$1.9B
total plan assets (2023 EOY)
4,803
covered participants
99th
percentile by assets (of 126,618 plans)
$391,804
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Westinghouse Electric Company Savings Plan reported net income rose from -$346M in the plan year 2022 filing to $214M in the plan year 2023 filing.
  • Westinghouse Electric Company Savings Plan end-of-year assets rose from $1.6B in the plan year 2022 filing to $1.9B in the plan year 2023 filing.

See the national 2023→2024 release diff →

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. Westinghouse Electric Company Savings Plan reports 4,803 participants - 5.8x that state average ($1.9B EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$1.6B
Net Assets (End of Year)$1.9B
Net Income$214M
Employer EIN522140933
Plan Effective Date1999-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Westinghouse Electric Company LLC)

$2.4B$2.6B$2.8B$3B$3.2B 202220232024 $2.62B $3.03B ▲ +15.6%
Total plan assets by year, all Westinghouse Electric Company LLC plans on file
Year Plans Participants Total Assets
2022 4 7,643 $2.6B
2023 4 7,367 $3.0B
2024 4 12,002 $3.0B

Nearby 401(k) Plans in Pennsylvania

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

Westinghouse Electric Company Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Westinghouse Electric Company Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 05101520 Total assets ($B) Participants Westinghouse Electri…Comcast Corporation …Cigna 401(k) PlanThe Vanguard Retirem…The PNC Financial Se…The Bank of New York…
Westinghouse Electric Company Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Westinghouse Electric Company Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Westinghouse Electric Company Savings Plan assets move in 2023?
Westinghouse Electric Company Savings Plan grew sharply - up 18.0% during 2023, from $1.6B to $1.9B. Reported net income was $214M.
How have Westinghouse Electric Company LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Westinghouse Electric Company LLC's sponsor-wide assets grew 15.5%, from $2.6B to $3.0B.
Where does Westinghouse Electric Company Savings Plan rank by assets among Form 5500 filers?
Westinghouse Electric Company Savings Plan ranks in the 99th percentile by end-of-year assets among 126,618 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 Westinghouse Electric Company Savings Plan?
Among 401(k) plans in other states, the closest by assets is Southern Glazer's 401(k) Plan in FL ($1.9B, 18,617 participants).

Next read for Westinghouse Electric Company Savings Pl…

Filing takeaways

Ways to act on Westinghouse Electric Company Savings Plan's numbers.