Defined Benefit (Pension) · DOL Form 5500 · 2024
Westinghouse Electric Company LLC Pension Plan
Data updated 2026-08-25
- $924M
- Total assets Above avg plan size
- 2,390
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $386,713
- Avg per participant High balance/head
Official DOL plan name: Westinghouse Electric Company Pension Plan · Sponsored by Westinghouse Electric Company LLC · Pennsylvania · Professional & Technical Services
$924M in assets, 2,390 participants
Westinghouse Electric Company LLC's Westinghouse Electric Company Pension Plan reported $924M in total assets and 2,390 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.
- #19,951 in Professional & Technical Services (20,173 peers)
Coverage in Pennsylvania
Westinghouse Electric Company Pension Plan covers 2,390 participants in Pennsylvania, 2.9x the typical Pennsylvania plan (state average ~822 per filing). Assets: $924M.
- #19,951
- in Professional & Technical Services (20,173 peers)
- -13.4%
- assets change YoY
- 9.3×
- vs typical plan assets (national mean)
The plan reported a net loss of $142M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Westinghouse Electric Company Pension Plan's outsized position by total assets
Westinghouse Electric Company Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$924,244,835 Top 2% higher than 98% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Westinghouse Electric Company Pension Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Westinghouse Electric Company Pension Plan lands in the large band (2,390 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Westinghouse Electric Company Pension Plan reported net income fell from $55M in the plan year 2023 filing to -$142M in the plan year 2024 filing.
- Westinghouse Electric Company Pension Plan end-of-year assets fell from $1.1B in the plan year 2023 filing to $924M in the plan year 2024 filing.
- Westinghouse Electric Company Pension Plan reported participants fell from 2,516 in the plan year 2023 filing to 2,390 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 522140933 · Westinghouse Electric Company LLC PY 2024 · Defined Benefit (Pension)
Westinghouse Electric Company Pension Plan · $924M · 2,390 · 98th
- ASSETS $924M
- ASSETS 2,390
- ASSETS 98th
- ASSETS Defined Benefit (Pension)
- ASSETS near Ashland Hercules Pension Plan
- ASSETS ind #19951
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 Electric Company Pension Plan in the asset neighbourhood
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $1.1B |
|---|---|
| Net Assets (End of Year) | $924M |
| Net Income | -$142M |
| Employer EIN | 522140933 |
| Plan Effective Date | 1999-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Westinghouse Electric Company LLC)
Sponsor-wide plan assets over time
All Westinghouse Electric Company LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $3.0B 15.538250180589289% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 7,643 | $2.6B |
| 2023 | 4 | 7,367 | $3.0B |
| 2024 | 4 | 12,002 | $3.0B |
Nearby Defined Benefit (Pension) Plans in Pennsylvania
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- National Elevator Industry Pension Plan $12.2B · 28,308
- Steelworkers Pension Trust $7.2B · 46,110
- The PNC Financial Services Group, Inc. Pension Plan $5.5B · 58,779
- The Bank of New York Mellon Corporation Pension Plan $5.2B · 6,387
- Constellation Retirement Program $5.0B · 4,809
Westinghouse Electric Company Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Ashland Hercules Pension Plan in KY ($924M); by covered participants it is West Virginia Laborers Pension Trust Fund in WV (2,390 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($924M here).
- Ashland Hercules Pension Plan (KY) $924M · 43
- Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW (MI) $923M · 3,028
- Western Connecticut Health Network Pension Plan (CT) $922M · 1,461
- Ameriprise Financial Retirement Plan (MN) $922M · 4,747
Similar participant headcount
Nearest other-state filings by covered participants (2,390 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.