401(k) · DOL Form 5500 · 2022
Howmet Aerospace Inc. 401(k) Plan
Data updated 2026-08-11
- $732M
- Total assets
- 8,309
- Participants
- 98th
- Percentile by assets
- $88,050
- Avg per participant
Official DOL plan name: Howmet Aerospace Hourly Retirement Savings Plan · Sponsored by Howmet Aerospace Inc. · Pennsylvania · Manufacturing
$732M in assets, 8,309 participants
Howmet Aerospace Inc.'s Howmet Aerospace Hourly Retirement Savings Plan reported $732M in total assets and 8,309 participants in its 2022 DOL Form 5500 filing, ranking in the 98th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 98th percentile by assets (of 139,126 plans)
- #20,062 in Manufacturing (20,602 peers)
Coverage in Pennsylvania
Howmet Aerospace Hourly Retirement Savings Plan covers 8,309 participants in Pennsylvania, 10x the typical Pennsylvania plan (state average ~822 per filing). Assets: $732M.
- $732M
- total plan assets (2022 EOY)
- 8,309
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $88,050
- avg assets per participant
The plan reported a net loss of $135M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Howmet Aerospace Hourly Retirement Savings Plan sits by total assets
Howmet Aerospace Hourly Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$731,609,261 Top 2% higher than 98% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Howmet Aerospace Hourly Retirement Savings Plan reports 8,309 participants - 10x that state average ($732M EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $873M |
|---|---|
| Net Assets (End of Year) | $732M |
| Net Income | -$135M |
| Employer EIN | 250317820 |
| Plan Effective Date | 1986-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Howmet Aerospace Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 15,839 | $2.4B |
| 2023 | 4 | 15,860 | $2.5B |
| 2024 | 4 | 17,052 | $2.7B |
Nearby 401(k) Plans in Pennsylvania
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Howmet Aerospace Hourly Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
- Comcast Corporation Retirement - Investment Plan $14.8B · 97,769
- Cigna 401(k) Plan $11.5B · 66,147
- The PNC Financial Services Group, Inc. Incentive Savings Plan $8.1B · 59,451
- The Vanguard Retirement and Savings Plan $8.1B · 17,073
- The Bank of New York Mellon Corporation 401(k) Savings Plan $7.8B · 25,071
Scale composition for Howmet Aerospace Hourly Retirement Savings Plan
Howmet Aerospace Hourly Retirement Savings Plan reports $732M in end-of-year assets across 8,309 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $88,050 per participant (64% of the national average assets-per-participant) . Net income for plan year 2022 was -$135M.
This plan identity (EIN 250317820, plan #008) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $732M to $952M (+30.2%) while covered participants moved from 8,309 to 10,022 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 8,309 | $732M | This page |
| 2023 | 9,000 | $839M | Open filing |
| 2024 · index core | 10,022 | $952M | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Howmet Aerospace Salaried Retirement Savings Plan (401(k), $1.1B, 3,308 participants)
- Howmet Aerospace Hourly Retirement Savings Plan (401(k), $952M, 10,022 participants)
- Howmet Aerospace Retirement Plan (Defined Benefit (Pension), $678M, 1,807 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Howmet Aerospace Hourly Retirement Savings Plan by total assets, not by location.
- Guardian Retirement Investment Plan (NY) $731M · 5,436
- Akzonobel Retirement Savings Plan (TN) $731M · 2,345
- Travel + Leisure Co. Employee Savings Plan (FL) $731M · 9,659
- Uber Technologies, Inc. 401(k) Plan (CA) $732M · 9,373
Frequently Asked Questions
How did Howmet Aerospace Hourly Retirement Savings Plan assets move in 2022? ▼
How have Howmet Aerospace Inc. plan assets changed over time? ▼
Where does Howmet Aerospace Hourly Retirement Savings Plan rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on Howmet Aerospace Hourly Retirement Savings Plan's numbers.
- By total assets, Howmet Aerospace Hourly Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
- Howmet Aerospace Inc.'s sponsor-wide assets have grown 14.4% since 2022 across 3 plan years on file. More Manufacturing plans