Defined Benefit (Pension) · DOL Form 5500 · 2024
Westinghouse Electric Company LLC Pension Plan
Data updated 2026-08-06
- $924M
- Total assets
- 2,390
- Participants
- 98th
- Percentile by assets
- $386,713
- Avg per participant
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.
- 98th percentile by assets (of 116,472 plans)
Coverage in Pennsylvania
Westinghouse Electric Company Pension Plan covers 2,390 participants in Pennsylvania, 2.9x the typical Pennsylvania plan (state average ~824 per filing). Assets: $924M.
- $924M
- total plan assets (2024 EOY)
- 2,390
- covered participants
- 98th
- percentile by assets (of 116,472 plans)
- $386,713
- avg assets per participant
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.
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.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. Westinghouse Electric Company Pension Plan reports 2,390 participants - 2.9x that state average ($924M EOY assets).
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)
| 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.
Westinghouse Electric Company Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
- 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
- Eastern Atlantic States Carpenters Pension Fund $5.0B · 12,421
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Westinghouse Electric Company Pension Plan by total assets, not by location.
- Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW (MI) $923M · 3,028
- Suburban Teamsters of Northern Illinois Pension Plan (IL) $922M · 3,044
- Southern California United Food and Commercial Workers Unions and Drug Employers Pension Fund (CA) $928M · 10,539
- Meba Pension Trust-Defined Benefit Plan (MD) $928M · 2,257
Frequently Asked Questions
How did Westinghouse Electric Company Pension Plan assets move in 2024? ▼
How have Westinghouse Electric Company LLC plan assets changed over time? ▼
Where does Westinghouse Electric Company Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Westinghouse Electric Company Pension Plan? ▼
Next read for Westinghouse Electric Company Pension Pl…
Filing takeaways
Ways to act on Westinghouse Electric Company Pension Plan's numbers.
- By total assets, Westinghouse Electric Company Pension 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 Pennsylvania. Compare plans
- Westinghouse Electric Company LLC's sponsor-wide assets have grown 15.5% since 2022 across 3 plan years on file. More Professional & Technical Services plans
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 522140933.
Read our methodology - how this data is sourced, computed, and verified.