401(k) · DOL Form 5500 · 2022

Howmet Aerospace Inc. 401(k) Plan

Data updated 2026-08-11

$878M
Total assets
2,892
Participants
99th
Percentile by assets
$303,530
Avg per participant
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Official DOL plan name: Howmet Aerospace Salaried Retirement Savings Plan · Sponsored by Howmet Aerospace Inc. · Pennsylvania · Manufacturing

$878M in assets, 2,892 participants

Howmet Aerospace Inc.'s Howmet Aerospace Salaried Retirement Savings Plan reported $878M in total assets and 2,892 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 139,126 plans)
  • #20,143 in Manufacturing (20,602 peers)

Coverage in Pennsylvania

Howmet Aerospace Salaried Retirement Savings Plan covers 2,892 participants in Pennsylvania, 3.5x the typical Pennsylvania plan (state average ~822 per filing). Assets: $878M.

$878M
total plan assets (2022 EOY)
2,892
covered participants
99th
percentile by assets (of 139,126 plans)
$303,530
avg assets per participant

The plan reported a net loss of $218M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Howmet Aerospace Salaried Retirement Savings Plan reports 2,892 participants - 3.5x that state average ($878M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$1.1B
Net Assets (End of Year)$878M
Net Income-$218M
Employer EIN250317820
Plan Effective Date1958-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Howmet Aerospace Inc.)

$2.2B$2.4B$2.6B$2.8B 202220232024 $2.37B $2.71B ▲ +14.3%
Total plan assets by year, all Howmet Aerospace Inc. plans on file
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 Salaried Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Howmet Aerospace Salaried Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 05101520 Total assets ($B) Participants Howmet Aerospace Sal…Comcast Corporation …Cigna 401(k) PlanThe PNC Financial Se…The Vanguard Retirem…The Bank of New York…
Howmet Aerospace Salaried Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Howmet Aerospace Salaried Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Howmet Aerospace Salaried Retirement Savings Plan assets move in 2022?
Howmet Aerospace Salaried Retirement Savings Plan declined sharply - down 19.5% during 2022, from $1.1B to $878M. Reported net income was -$218M.
How have Howmet Aerospace Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Howmet Aerospace Inc.'s sponsor-wide assets grew 14.4%, from $2.4B to $2.7B.
Where does Howmet Aerospace Salaried Retirement Savings Plan rank by assets among Form 5500 filers?
Howmet Aerospace Salaried Retirement Savings Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Howmet Aerospace Salaried Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Retirement Savings Plan for Employees of Continental - Automotive Systems in SC ($878M, 3,143 participants).

Next read for Howmet Aerospace Salaried Retirement Sav…

Filing takeaways

Ways to act on Howmet Aerospace Salaried Retirement Savings Plan's numbers.

  • By total assets, Howmet Aerospace Salaried Retirement Savings Plan ranks among the largest 1% of all filed plans. 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