401(k) · DOL Form 5500 · 2024

Westfall Technik, LLC 401(k) Plan

Data updated 2026-08-25

$56M
Total assets Below avg plan size
976
Participants Near avg headcount
85th
Percentile by assets National rank
$57,749
Avg per participant Low balance/head
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Official DOL plan name: Westfall Technik, Inc. 401(k) Plan · Sponsored by Westfall Technik, LLC · Arizona · Manufacturing

$56M in assets, 976 participants

Westfall Technik, LLC's Westfall Technik, Inc. 401(k) Plan reported $56M in total assets and 976 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #14,086 in Manufacturing (17,777 peers)

Where Westfall Technik, Inc. 401(k) Plan sits by assets

Westfall Technik, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $56M for 976 participants (~$57,749/participant), up 8.4% in 2024.

#14,086
in Manufacturing (17,777 peers)
+8.4%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Westfall Technik, Inc. 401(k) Plan's outsized position by total assets

Westfall Technik, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$56,363,384 Top 15% higher than 85% of 123,620 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 2024

Westfall Technik, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Westfall Technik, Inc. 401(k) Plan sits mid-pack in the medium band (976 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Westfall Technik, Inc. 401(k) Plan reported net income fell from $7M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Westfall Technik, Inc. 401(k) Plan reported participants fell from 1,272 in the plan year 2023 filing to 976 in the plan year 2024 filing.
  • Westfall Technik, Inc. 401(k) Plan end-of-year assets rose from $52M in the plan year 2023 filing to $56M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 822755923 · Westfall Technik, LLC PY 2024 · 401(k)

Westfall Technik, Inc. 401(k) Plan · $56M · 976 · 85th

  • EOY $56M
  • 5500 976
  • ASSETS 85th
  • PCT 401(k)
  • EIN near Phillips Edison & Co. 401(k) Savings Plan
  • RANK ind #14086

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 Arizona →

Westfall Technik, Inc. 401(k) Plan in the asset neighbourhood

Woodside Group, LLC 401(k) Retirement Savings PlanWoodside Group, LLC 401(k) R…$56MWestfall Technik, Inc. 401(k) PlanWestfall Technik, Inc. 401(k…$56MPhillips Edison & Co. 401(k) Savings PlanPhillips Edison & Co. 401(k)…$56MMidwest Machinery Co. 401(k) PlanMidwest Machinery Co. 401(k)…$56MOhio Gratings, Inc. 401(k) Profit Sharing PlanOhio Gratings, Inc. 401(k) P…$56M
End-of-year total assets ($M) among Westfall Technik, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$52M
Net Assets (End of Year)$56M
Net Income$4M
Employer EIN822755923
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Westfall Technik, LLC)

Sponsor-wide plan assets over time

All Westfall Technik, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$56M 24.27119408804487% vs 2022
2024 filing year
$40M$45M$50M$55M$60M 202220232024 $45.4M $56.4M ▲ +24.3%
Year Plans Participants Total Assets
2022 1 1,276 $45M
2023 1 1,272 $52M
2024 1 976 $56M

Nearby 401(k) Plans in Arizona

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

Westfall Technik, Inc. 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -202468 Total assets ($B) Participants Westfall Technik, Inc. 401(k) Plan, Total assets ($B): 0.056363384 · Participants: 976Westfall Technik, Inc. 401(k) PlanBechtel Trust & Thrift Plan, Total assets ($B): 6.067288511 · Participants: 7971Bechtel Trust & Thrift PlanBanner Health Employees 401(k) Plan, Total assets ($B): 4.918574883 · Participants: 54731Banner Health Employees 401(k) PlanFreeport-Mcmoran Inc. Employee Capital Accumulation Program, Total assets ($B): 2.670667399 · Participants: 13770Freeport-Mcmoran Inc. Employee Capital Accumulation ProgramRepublic Services, Inc. 401(k) Plan, Total assets ($B): 2.666764279 · Participants: 32629Republic Services, Inc. 401(k) PlanStantec 401(k) Plan, Total assets ($B): 2.319061108 · Participants: 11603Stantec 401(k) Plan
Westfall Technik, Inc. 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants
Compare Westfall Technik, Inc. 401(k) Plan side-by-side with 3 peers →

Westfall Technik, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Arizona, the nearest 401(k) by assets is Phillips Edison & Co. 401(k) Savings Plan in OH ($56M); by covered participants it is Metals Technologies LLC Savings Plan in GA (976 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (976 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Westfall Technik, Inc. 401(k) Plan assets move in 2024? ▼
Westfall Technik, Inc. 401(k) Plan grew at a solid clip - up 8.4% during 2024, from $52M to $56M. Reported net income was $4M.
How have Westfall Technik, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Westfall Technik, LLC's sponsor-wide assets grew 24.3%, from $45M to $56M.
Where does Westfall Technik, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Westfall Technik, Inc. 401(k) Plan ranks in the 85th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Westfall Technik, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Phillips Edison & Co. 401(k) Savings Plan in OH ($56M, 293 participants).
Which 401(k) plans cover a similar participant headcount to Westfall Technik, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Metals Technologies LLC Savings Plan in GA (976 participants, $269M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 822755923.

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.