Teco-Westinghouse Motor 401(k) match, vesting and fees

Plan year 2024 filingTeco-Westinghouse Motor Company 401(k) Employee Savings Plan · Plan 001 · EIN 74-2482708Updated Oct 2026

What Teco-Westinghouse Motor's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $770K in employer contributions, about $2,158 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$134,824
Average account balance
370
Participants (end of year)
$48.1M
Plan assets (end of year)
0.18%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperFidelity Investments InstitutionalSchedule C ↗
Independent auditorBauer & Company (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗
Late participant contributionsReported on the filingSchedule H ↗

How the plan compares

Plan year 2024 medians for 8,908 defined-contribution plans in manufacturing with 100 to 499 participants.

Teco-Westinghouse Motor: employer contribution per participant$2,158
Peer median$1,847
Teco-Westinghouse Motor: average balance$134,824
Peer median$65,512
Teco-Westinghouse Motor: admin expenses ÷ assets0.18%
Peer median0.32%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $49.2M at the end of plan year 2021 to $48.1M at the end of plan year 2024.

$49.2M2021$41.8M2022$46.2M2023$48.1M2024
End-of-year figures from each plan year's Form 5500 filing for the Teco-Westinghouse Motor plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2024370$48.1M$770K$2,1580.18%Not publishedForm 5500 ↗
2023369$46.2M$721K$2,1080.20%Not publishedForm 5500 ↗
2022358$41.8M$620K$1,8490.20%Not publishedForm 5500 ↗
2021335$49.2M$607K$1,9160.21%Not publishedForm 5500 ↗

Common questions

Does Teco-Westinghouse Motor match 401(k) contributions?

The match terms for the Teco-Westinghouse Motor Company 401(k) Employee Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $770K in employer contributions, about $2,158 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Teco-Westinghouse Motor 401(k) match vested?

The vesting schedule for the Teco-Westinghouse Motor Company 401(k) Employee Savings Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Teco-Westinghouse Motor 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Teco-Westinghouse Motor Company.

I left Teco-Westinghouse Motor. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Teco-Westinghouse Motor Company, (512) 218-7231) or the recordkeeper, Fidelity Investments Institutional. The Teco-Westinghouse Motor old 401(k) page lists the contacts from every plan filing. Find an old Teco-Westinghouse Motor 401(k)

Data from the public Form 5500 annual reports Teco-Westinghouse Motor filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Teco-Westinghouse Motor. Not financial advice. Report a correction · Methodology