Plan Snapshot
- Plan Sponsor: Westinghouse Electric Company LLC
- Sponsor EIN: 522140933
- Sponsor Address: 1000 WESTINGHOUSE DR, CRANBERRY TOWNSHIP, PA, 160665228
- Plan Type: DB
- Total Participants: 2,304
- Total Assets: $924.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,304 | $924.2M | $0 | $0 |
| 2023 | 2,390 | $1.1B | $0 | $0 |
| 2022 | 2,516 | $1.0B | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MERCER INVESTMENTS | NONE | $894,789 | — | $894,789 |
| AON CONSULTING, INC. | NONE | $560,983 | — | $560,983 |
| ALIGHT SOLUTIONS LLC | NONE | $248,897 | — | $248,897 |
| THE BANK OF NEW YORK | NONE | $133,192 | — | $133,192 |
| SCHNEIDER DOWNS & CO., INC. | NONE | $23,711 | — | $23,711 |
| COZEN O'CONNOR | NONE | $10,874 | — | $10,874 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AON CONSULTING, INC. — NONE
- ALIGHT SOLUTIONS LLC — NONE
- SCHNEIDER DOWNS & CO., INC. — NONE
- COZEN O'CONNOR — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,872,446
- Estimated Expense Ratio: 0.203% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $7,984,393 | $894,808 | — | $23,711 | — |
| 2023 | $7,929,379 | $1,304,067 | — | $21,154 | — |
| 2022 | $7,886,626 | $1,545,521 | $535,890 | — | $451,671 |