Defined Benefit (Pension) · DOL Form 5500 · 2024

Westinghouse Electric Company Pension Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
55
Participants Small participant base
55th
Percentile by assets National rank
$178,966
Avg per participant Above avg balance/head
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Official DOL plan name: Westinghouse Pension Plan for Newington Boilermakers · Sponsored by Westinghouse Electric Company · Pennsylvania · Professional & Technical Services

$10M in assets, 55 participants

Westinghouse Electric Company's Westinghouse Pension Plan for Newington Boilermakers reported $10M in total assets and 55 participants in its 2024 DOL Form 5500 filing, ranking in the 55th 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.

  • #10,832 in Professional & Technical Services (20,173 peers)

Westinghouse Electric Company multi-year trail

Westinghouse Electric Company's plans moved +15.5% in assets from 2022 to 2024; this filing shows Westinghouse Pension Plan for Newington Boilermakers at $10M / 55 participants.

#10,832
in Professional & Technical Services (20,173 peers)
-9.0%
assets change YoY

The plan reported a net loss of $984K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Westinghouse Pension Plan for Newington Boilermakers's mid-pack asset rank among Professional & Technical Services and all filers

Westinghouse Pension Plan for Newington Boilermakers vs every filed plan by assets

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

$9,843,111 Top 45% higher than 55% 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

Westinghouse Pension Plan for Newington Boilermakers among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Westinghouse Pension Plan for Newington Boilermakers is a small filing (55 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Westinghouse Pension Plan for Newington Boilermakers reported net income fell from $723K in the plan year 2023 filing to -$984K in the plan year 2024 filing.
  • Westinghouse Pension Plan for Newington Boilermakers reported participants rose from 48 in the plan year 2023 filing to 55 in the plan year 2024 filing.
  • Westinghouse Pension Plan for Newington Boilermakers end-of-year assets fell from $11M in the plan year 2023 filing to $10M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 522140933 · Westinghouse Electric Company PY 2024 · Defined Benefit (Pension)

Westinghouse Pension Plan for Newington Boilermakers · $10M · 55 · 55th

  • EIN $10M
  • RANK 55
  • PHOTO 55th
  • IND Defined Benefit (Pension)
  • EOY near Anderson-Tully Salaried Employees' Pension Plan
  • 5500 ind #10832

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 Pension Plan for Newington Boilermakers in the asset neighbourhood

United Bancorp, Inc. of Martins Ferry, Ohio Employees' Pension PlanUnited Bancorp, Inc. of Mart…$10MAlabama State Employees Credit Union Cash Balance Defined Benefit Plan and TrustAlabama State Employees Cred…$10MWestinghouse Pension Plan for Newington BoilermakersWestinghouse Pension Plan fo…$10MAnderson-Tully Salaried Employees' Pension PlanAnderson-Tully Salaried Empl…$10MThe Okonite Company Orangeburg Hourly Employees Pension PlanThe Okonite Company Orangebu…$10M
End-of-year total assets ($M) among Westinghouse Pension Plan for Newington Boilermakers and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Westinghouse Electric Company multi-year asset trail

Sponsor-wide plan assets over time

All Westinghouse Electric Company 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

Westinghouse Electric Company filing trail (2024)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$10M
Net Income-$984K
Employer EIN522140933
Plan Effective Date1965-07-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Westinghouse Pension Plan for Newington Boilermakers vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Westinghouse Pension Plan for Newington Boilermakers, Total assets ($B): 0.009843111 · Participants: 55Westinghouse Pension Plan for Newington BoilermakersNational Elevator Industry Pension Plan, Total assets ($B): 12.213235301 · Participants: 28308National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 7.234971663 · Participants: 46110Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.528998 · Participants: 58779The PNC Financial Services Group, Inc. Pension PlanThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.178651926 · Participants: 6387The Bank of New York Mellon Corporation Pension PlanConstellation Retirement Program, Total assets ($B): 5.003720253 · Participants: 4809Constellation Retirement Program
Westinghouse Pension Plan for Newington Boilermakers vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Westinghouse Pension Plan for Newington Boilermakers's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Anderson-Tully Salaried Employees' Pension Plan in NC ($10M); by covered participants it is Pension Plan of Locals 794 & 819, I.a.T.S.E. in NY (55 participants). Same-state nearby plans are listed separately above.

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 Westinghouse Pension Plan for Newington Boilermakers assets move in 2024?
Westinghouse Pension Plan for Newington Boilermakers pulled back noticeably - down 9.0% during 2024, from $11M to $10M. Reported net income was -$984K.
How have Westinghouse Electric Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Westinghouse Electric Company's sponsor-wide assets grew 15.5%, from $2.6B to $3.0B.
Which Defined Benefit (Pension) plans are similar in size to Westinghouse Pension Plan for Newington Boilermakers?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Anderson-Tully Salaried Employees' Pension Plan in NC ($10M, 6 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Westinghouse Pension Plan for Newington Boilermakers?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pension Plan of Locals 794 & 819, I.a.T.S.E. in NY (55 participants, $75M in assets).