Defined Benefit (Pension) · DOL Form 5500 · 2023

Westinghouse Electric Company LLC Pension Plan

Data updated 2026-08-25

$1.1B
Total assets Very large vs avg
2,516
Participants Above avg headcount
99th
Percentile by assets National rank
$423,982
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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

$1.1B in assets, 2,516 participants

Westinghouse Electric Company LLC's Westinghouse Electric Company Pension Plan reported $1.1B in total assets and 2,516 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.

  • #20,149 in Professional & Technical Services (20,321 peers)

Coverage in Pennsylvania

Westinghouse Electric Company Pension Plan covers 2,516 participants in Pennsylvania, 3.1x the typical Pennsylvania plan (state average ~822 per filing). Assets: $1.1B.

#20,149
in Professional & Technical Services (20,321 peers)
+5.3%
assets growth YoY
11×
vs typical plan assets (national mean)

Westinghouse Electric Company Pension Plan's outsized position by total assets

Westinghouse Electric Company Pension Plan vs every filed plan by assets

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

$1,066,737,895 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

Westinghouse Electric Company Pension Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Westinghouse Electric Company Pension Plan lands in the large band (2,516 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Westinghouse Electric Company Pension Plan reported net income rose from -$387M in the plan year 2022 filing to $55M in the plan year 2023 filing.
  • Westinghouse Electric Company Pension Plan reported participants fell from 2,788 in the plan year 2022 filing to 2,516 in the plan year 2023 filing.
  • Westinghouse Electric Company Pension Plan end-of-year assets rose from $1.0B in the plan year 2022 filing to $1.1B in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 522140933 · Westinghouse Electric Company LLC PY 2023 · Defined Benefit (Pension)

Westinghouse Electric Company Pension Plan · $1.1B · 2,516 · 99th

  • RANK $1.1B
  • PHOTO 2,516
  • IND 99th
  • EOY Defined Benefit (Pension)
  • 5500 near 1199seiu Greater New York Pension Fund
  • ASSETS ind #20149

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 Professional & Technical Services retirement plans → · Plans in Pennsylvania →

Westinghouse Electric Company Pension Plan in the asset neighbourhood

Westinghouse Electric Company Pension PlanWestinghouse Electric Compan…$1.1B1199seiu Greater New York Pension Fund1199seiu Greater New York Pe…$1.1BNcr Pension Plan$1.1BNisource Pension Plan$1.1BNational Fuel Gas Company Retirement PlanNational Fuel Gas Company Re…$1.1B
End-of-year total assets ($B) among Westinghouse Electric Company Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$1.0B
Net Assets (End of Year)$1.1B
Net Income$55M
Employer EIN522140933
Plan Effective Date1999-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Westinghouse Electric Company LLC)

Sponsor-wide plan assets over time

All Westinghouse Electric Company LLC plans reported in each filing year

Latest sponsor-wide plan assets
$3.0B 15.538250180589289% vs 2022
2024 filing year
$2.4B$2.6B$2.8B$3B$3.2B 202220232024 $2.62B $3.03B ▲ +15.6%
Year Plans Participants Total Assets
2022 4 7,643 $2.6B
2023 4 7,367 $3.0B
2024 4 12,002 $3.0B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Westinghouse Electric Company Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 051015 Total assets ($B) Participants Westinghouse Electric Company Pension Plan, Total assets ($B): 1.066737895 · Participants: 2516Westinghouse Electric Company Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 11.224377797 · Participants: 27434National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 6.602912146 · Participants: 47052Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.63715 · Participants: 63680The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.323012123 · Participants: 5080Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.257223708 · Participants: 7374The Bank of New York Mellon Corporation Pension Plan
Westinghouse Electric Company Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Westinghouse Electric Company Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is 1199seiu Greater New York Pension Fund in NY ($1.1B); by covered participants it is Plumbers' & Pipefitters' Local Union 562 Pension Fund in MO (2,521 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.1B here).

Similar participant headcount

Nearest other-state filings by covered participants (2,516 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 Westinghouse Electric Company Pension Plan assets move in 2023?
Westinghouse Electric Company Pension Plan grew at a solid clip - up 5.3% during 2023, from $1.0B to $1.1B. Reported net income was $55M.
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 Pension Plan rank by assets among Form 5500 filers?
Westinghouse Electric Company Pension 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 Defined Benefit (Pension) plans are similar in size to Westinghouse Electric Company Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is 1199seiu Greater New York Pension Fund in NY ($1.1B, 15,316 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Westinghouse Electric Company Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Plumbers' & Pipefitters' Local Union 562 Pension Fund in MO (2,521 participants, $759M in assets).