The Westervelt Company 401(k) Plan: Login, Facts & Contact Information

The Westervelt Company 401(k) Plan Facts

Plan name
THE WESTERVELT COMPANY SAVINGS AND INVESTMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
THE WESTERVELT COMPANY
Participants
906 (697 active employees)
Former employees with a balance
134
Plan assets
$136,637,062 at Dec 31, 2024
Average account balance
$157,416 across 868 accounts
Employer contributions
$3,725,013 in plan year 2024 (38% of all contributions)
Recordkeeper
The Vanguard Group, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1957
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $9.71 million went into the plan in contributions, $3.73 million of it from the employer (38%).
  • $14.1 million was paid out to participants.
  • Investment and other income added $16.1 million.
  • Administrative expenses were $113,912, about $131 per account.

How the The Westervelt Company 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019760$108.1 million$2.03 million$7.51 million
2020751$119.5 million$2.21 million$14.4 million
2021798$129.8 million$2.56 million$11.0 million
2022883$108.1 million$3.01 million$9.48 million
2023907$125.0 million$3.30 million$8.57 million
2024906$136.6 million$3.73 million$14.1 million

The Westervelt Company 401(k) Contact Information

Phone
205-562-5000
Mailing address
1400 JACK WARNER PARKWAY NE P.O. BOX 4899, TUSCALOOSA AL 354048999
Plan sponsor
THE WESTERVELT COMPANY
Employer identification number (EIN)
63-1158654
Plan number
001

Questions about the The Westervelt Company 401(k)

Does The Westervelt Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $3.73 million, 38% of all contributions.

Does the The Westervelt Company 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the The Westervelt Company 401(k) plan?

906 participants at the start of plan year 2024, 697 of them active employees, and 134 former employees who still had money in the plan.

What is the average 401(k) balance at The Westervelt Company?

About $157,416 per account: $136.6 million in plan assets across 868 accounts with a balance at the end of plan year 2024.

Who manages the The Westervelt Company 401(k) accounts?

Vanguard (listed on the filing as THE VANGUARD GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at The Westervelt Company. How do I access my 401(k)?

Your account stays with Vanguard after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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