401(k) · DOL Form 5500 · 2022
Howmet Aerospace Inc. 401(k) Plan
Data updated 2026-08-25
- $732M
- Total assets Above avg plan size
- 8,309
- Participants Very large workforce
- 98th
- Percentile by assets National rank
- $88,050
- Avg per participant Below avg balance/head
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.
- #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.
- #20,062
- in Manufacturing (20,602 peers)
- -16.2%
- assets change YoY
- 7.3×
- vs typical plan assets (national mean)
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.
Howmet Aerospace Hourly Retirement Savings Plan's outsized position 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
Howmet Aerospace Hourly Retirement Savings Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Howmet Aerospace Hourly Retirement Savings Plan lands in the large band (8,309 participants).
EBSA filing schedule strip
Filing strip 250317820 · Howmet Aerospace Inc. PY 2022 · 401(k)
Howmet Aerospace Hourly Retirement Savings Plan · $732M · 8,309 · 98th
- BOY $732M
- SCH 8,309
- EBSA 98th
- PART 401(k)
- TYPE near Guardian Retirement Investment Plan
- NET ind #20062
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Pennsylvania →
Howmet Aerospace Hourly Retirement Savings Plan in the asset neighbourhood
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.)
Sponsor-wide plan assets over time
All Howmet Aerospace Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $2.7B 14.449503516549342% vs 2022
- 2024 filing year
| 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.
- 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)
Howmet Aerospace Hourly Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Pennsylvania, the nearest 401(k) by assets is Guardian Retirement Investment Plan in NY ($731M); by covered participants it is Assuredpartners 401(k) Plan in FL (8,304 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($732M here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (8,309 participants); asset peers above are excluded.
- Assuredpartners 401(k) Plan (FL) 8,304 · 5 off
- Cortech, LLC 401(k) Plan (GA) 8,314 · 5 off
- Ampex Brands Retirement Savings Plan (TX) 8,317 · 8 off
- Memorial Health System Defined Contribution Retirement Savings Plan (IL) 8,299 · 10 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.