Defined Benefit (Pension) · DOL Form 5500 · 2024
Westlake Management Services, Inc. Pension Plan
Data updated 2026-08-11
- $417M
- Total assets
- 981
- Participants
- 97th
- Percentile by assets
- $425,360
- Avg per participant
Official DOL plan name: Westlake Defined Benefit Plan · Sponsored by Westlake Management Services, Inc. · Texas · Manufacturing
$417M in assets, 981 participants
Westlake Management Services, Inc.'s Westlake Defined Benefit Plan reported $417M in total assets and 981 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 123,622 plans)
- #16,858 in Manufacturing (17,777 peers)
Where Westlake Defined Benefit Plan sits by assets
Westlake Defined Benefit Plan sits in the top 5% of all filed plans by assets, $417M for 981 participants (~$425,360/participant), down 2.2% in 2024.
- $417M
- total plan assets (2024 EOY)
- 981
- covered participants
- 97th
- percentile by assets (of 123,622 plans)
- $425,360
- avg assets per participant
The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Westlake Defined Benefit Plan reported net income fell from $11M in the plan year 2023 filing to -$9M in the plan year 2024 filing.
- Westlake Defined Benefit Plan reported participants fell from 1,076 in the plan year 2023 filing to 981 in the plan year 2024 filing.
- Westlake Defined Benefit Plan end-of-year assets fell from $427M in the plan year 2023 filing to $417M in the plan year 2024 filing.
Westlake Defined Benefit Plan vs the 2024 asset distribution
By assets, Westlake Defined Benefit Plan outranks 97% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 4.2x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $427M |
|---|---|
| Net Assets (End of Year) | $417M |
| Net Income | -$9M |
| Employer EIN | 760321065 |
| Plan Effective Date | 1990-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Westlake Management Services, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 10,778 | $1.9B |
| 2023 | 2 | 11,622 | $2.2B |
| 2024 | 2 | 11,688 | $2.4B |
Nearby Defined Benefit (Pension) Plans in Texas
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Westlake Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
- AT&T Pension Benefit Plan $28.3B · 100,400
- Exxonmobil Pension Plan $12.1B · 22,000
- Chevron Retirement Plan $9.7B · 21,297
- Shell Pension Plan $9.7B · 12,688
- Caterpillar Inc. Retirement Income Plan $9.2B · 11,498
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Westlake Defined Benefit Plan by total assets, not by location.
- Bae Space & Mission Systems Pension Plan (VA) $417M · 4,279
- Resilient Floor Covering Pension Fund (CA) $418M · 1,331
- Syensqo USA Pension Plan (NJ) $418M · 2,073
- Bss Retirement Plan (WA) $418M · 116
Frequently Asked Questions
How did Westlake Defined Benefit Plan assets move in 2024? ▼
How have Westlake Management Services, Inc. plan assets changed over time? ▼
Where does Westlake Defined Benefit Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Westlake Defined Benefit Plan? ▼
Next read for Westlake Defined Benefit Plan
Scale reading
Ways to act on Westlake Defined Benefit Plan's numbers.
- By total assets, Westlake Defined Benefit Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Texas. Compare plans
- Westlake Management Services, Inc.'s sponsor-wide assets have grown 29.4% since 2022 across 3 plan years on file. More Manufacturing plans