401(k) · DOL Form 5500 · 2024

Westinghouse Air Brake Technologies Corporation 401(k) Plan

Data updated 2026-08-11

$1.6B
Total assets
12,095
Participants
99th
Percentile by assets
$130,764
Avg per participant
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Official DOL plan name: Wabtec Savings Plan · Sponsored by Westinghouse Air Brake Technologies Corporation · Pennsylvania · Manufacturing

$1.6B in assets, 12,095 participants

Westinghouse Air Brake Technologies Corporation's Wabtec Savings Plan reported $1.6B in total assets and 12,095 participants in its 2024 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 123,622 plans)
  • #17,462 in Manufacturing (17,777 peers)

Coverage in Pennsylvania

Wabtec Savings Plan covers 12,095 participants in Pennsylvania, 15x the typical Pennsylvania plan (state average ~822 per filing). Assets: $1.6B.

$1.6B
total plan assets (2024 EOY)
12,095
covered participants
99th
percentile by assets (of 123,622 plans)
$130,764
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Wabtec Savings Plan end-of-year assets rose from $1.3B in the plan year 2023 filing to $1.6B in the plan year 2024 filing.
  • Wabtec Savings Plan reported participants rose from 11,141 in the plan year 2023 filing to 12,095 in the plan year 2024 filing.
  • Wabtec Savings Plan reported net income fell from $267M in the plan year 2023 filing to $262M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Wabtec Savings Plan reports 12,095 participants - 15x that state average ($1.6B EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$1.3B
Net Assets (End of Year)$1.6B
Net Income$262M
Employer EIN251615902
Plan Effective Date1990-03-09
Filing StatusFILING RECEIVED

Sponsor Plan History (Westinghouse Air Brake Technologies Corporation)

$1B$1.2B$1.4B$1.6B$1.8B 202220232024 $1.07B $1.63B ▲ +52.3%
Total plan assets by year, all Westinghouse Air Brake Technologies Corporation plans on file
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

Wabtec Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 0510152025 Total assets ($B) Participants Wabtec Savings PlanComcast Corporation …The Cigna Group 401(…The Vanguard Retirem…Thermo Fisher Scient…The PNC Financial Se…
Wabtec Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Scale composition for Wabtec Savings Plan

Wabtec Savings Plan reports $1.6B in end-of-year assets across 12,095 participants (0.013% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $130,764 per participant (95% of the national average assets-per-participant) . Net income for plan year 2024 was $262M.

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 Open filing
2024 · index core 12,095 $1.6B This page

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Wabtec Savings Plan assets move in 2024?
Wabtec Savings Plan grew sharply - up 19.9% during 2024, from $1.3B to $1.6B. Reported net income was $262M.
How have Westinghouse Air Brake Technologies Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Westinghouse Air Brake Technologies Corporation's sponsor-wide assets grew 52.8%, from $1.1B to $1.6B.
Where does Wabtec Savings Plan rank by assets among Form 5500 filers?
Wabtec Savings Plan ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Wabtec Savings Plan?
Among 401(k) plans in other states, the closest by assets is Jones Day Retirement Plan in OH ($1.6B, 911 participants).

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