Westlake Management Services 401(k) match, vesting and fees
What Westlake Management Services' 401(k) plan says about matching contributions
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.
| Recordkeeper | The Vanguard Group, Inc. | Schedule C ↗ |
| Independent auditor | Ham, Langston & Brezina, L.L.P. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 203 defined-contribution plans in manufacturing with 10,000 to 49,999 participants.
| Westlake Management Services: employer contribution per participant | $6,788 | |
| Peer median | $3,733 |
| Westlake Management Services: average balance | $146,122 | |
| Peer median | $157,962 |
| Westlake Management Services: admin expenses ÷ assets | 0.09% | |
| Peer median | 0.05% |
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 $1.8B at the end of plan year 2023 to $2B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 14,231 | $2B | $94M | $6,788 | 0.09% | Not published | Form 5500 ↗ |
| 2023 | 14,029 | $1.8B | $91.9M | $6,726 | 0.09% | Not published | Form 5500 ↗ |
Other Westlake Management Services plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Westlake Defined Benefit Plan
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.
| Independent auditor | Ham, Langston & Brezina, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Westlake Management Services match 401(k) contributions?
The match terms for the Westlake Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $94M in employer contributions, about $6,788 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Westlake Management Services 401(k) match vested?
The vesting schedule for the Westlake Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Westlake Management Services 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is The Vanguard Group, Inc.. The plan administrator is Westlake Management Services, Inc..
I left Westlake Management Services. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Westlake Management Services, Inc., (713) 585-7928) or the recordkeeper, The Vanguard Group, Inc.. The Westlake Management Services old 401(k) page lists the contacts from every plan filing. Find an old Westlake Management Services 401(k)
Data from the public Form 5500 annual reports Westlake Management Services filed with the U.S. Department of Labor (plan years 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 Westlake Management Services. Not financial advice. Report a correction · Methodology