401(k) · DOL Form 5500 · 2024
The Westervelt Company 401(k) Plan
Data updated 2026-08-11
- $137M
- Total assets
- 689
- Participants
- 92nd
- Percentile by assets
- $198,312
- Avg per participant
Official DOL plan name: The Westervelt Company Savings and Investment Plan · Sponsored by The Westervelt Company · Alabama · Manufacturing
$137M in assets, 689 participants
The Westervelt Company's The Westervelt Company Savings and Investment Plan reported $137M in total assets and 689 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.
- 92nd percentile by assets (of 123,622 plans)
- #15,754 in Manufacturing (17,777 peers)
Where The Westervelt Company Savings and Investment Plan sits by assets
The Westervelt Company Savings and Investment Plan sits in the top 10% of all filed plans by assets, $137M for 689 participants (~$198,312/participant), up 9.3% in 2024.
- $137M
- total plan assets (2024 EOY)
- 689
- covered participants
- 92nd
- percentile by assets (of 123,622 plans)
- $198,312
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The Westervelt Company Savings and Investment Plan reported net income fell from $17M in the plan year 2023 filing to $12M in the plan year 2024 filing.
- The Westervelt Company Savings and Investment Plan end-of-year assets rose from $125M in the plan year 2023 filing to $137M in the plan year 2024 filing.
The Westervelt Company Savings and Investment Plan vs the 2024 asset distribution
By assets, The Westervelt Company Savings and Investment Plan outranks 92% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.4x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $125M |
|---|---|
| Net Assets (End of Year) | $137M |
| Net Income | $12M |
| Employer EIN | 631158654 |
| Plan Effective Date | 1957-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Westervelt Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 651 | $108M |
| 2023 | 1 | 686 | $125M |
| 2024 | 1 | 689 | $137M |
Nearby 401(k) Plans in Alabama
Peer 401(k) plans, same state, same plan type, ranked by total assets.
The Westervelt Company Savings and Investment Plan vs. nearby 401(k) plans in Alabama, assets vs. participants
- Regions Financial Corporation 401(k) Plan $3.2B · 20,783
- Encompass Health Corporation 401(k) Retirement Plan $1.7B · 29,454
- Hexagon Employee Retirement Savings Plan $1.7B · 4,638
- Vulcan 401(k) Plan $1.5B · 8,628
- Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan $1.2B · 6,167
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The Westervelt Company Savings and Investment Plan by total assets, not by location.
- Zekelman Industries Collectively Bargained Employees 401(k) Plan (IL) $137M · 1,038
- Holtec International Profit Sharing Plan and Trust (NJ) $137M · 1,104
- Redsail Technologies, LLC Retirement Savings Plan (SC) $137M · 670
- Avison Young (US) 401(k) Plan (IL) $137M · 1,490
Frequently Asked Questions
How did The Westervelt Company Savings and Investment Plan assets move in 2024? ▼
How have The Westervelt Company plan assets changed over time? ▼
Where does The Westervelt Company Savings and Investment Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to The Westervelt Company Savings and Investment Plan? ▼
Next read for The Westervelt Company Savings and Inves…
Scale reading
Ways to act on The Westervelt Company Savings and Investment Plan's numbers.
- By total assets, The Westervelt Company Savings and Investment Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Alabama. Compare plans
- The Westervelt Company's sponsor-wide assets have grown 26.4% since 2022 across 3 plan years on file. More Manufacturing plans