Plan Ledger DOL Form 5500 · updated monthly

Westat, Inc.401(k)

WESTAT, INC. SAVINGS PLAN · ROCKVILLE, MD · plan year 2024

Employer contribution per participant · 2024
$1,338

Westat, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $757,019,367 across 3,878 participant accounts, with employer contributions averaging $1,338 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 29th-largest of 1,671 plans among Maryland employers on file, and the 235th of 11,654 in professional & technical services. In 2024, employees put in $2.59 for every $1.00 the employer contributed; active participation has shrunk from 8,077 to 6,738 since 2022.

Plan summary
Net assets, end of year$757,019,367
Participants with balances3,878
Active participants6,738
Employer contributions$9,014,515
Employee contributions$23,367,255
Employer contribution per active participant$1,338
Average account balance$195,209
Benefits paid to participants$63,916,658
Plan auditUnmodified (clean) audit opinion
AuditorRUBINO AND COMPANY, CHARTERED
Plan history3
Yearassets · accounts · employer contribution
2024$757.0M · 3,878 accts · $9.0M emplr
2023$689.1M · 4,132 accts · $8.3M emplr
2022$607.0M · 4,424 accts · $7.4M emplr
The Westat, Inc. 401(k) match · 2024
Employer contribution per active participant$1,338
Median for plans this size$4,294
2024$1,338 per active participant
2023$940 per active participant
2022$918 per active participant

Westat, Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
WESTAT, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
WESTAT, INC. SAVINGS PLAN401(k)
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Source: U.S. Department of Labor, Form 5500 series, EIN 840529566 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.