401(k) · DOL Form 5500 · 2022
Kennametal Inc. 401(k) Plan
Data updated 2026-08-25
- $523M
- Total assets Above avg plan size
- 2,667
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $196,258
- Avg per participant Above avg balance/head
Official DOL plan name: Kennametal Thrift Plus Plan · Sponsored by Kennametal Inc. · South Carolina · Manufacturing
$523M in assets, 2,667 participants
Kennametal Inc.'s Kennametal Thrift Plus Plan reported $523M in total assets and 2,667 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.
- #19,898 in Manufacturing (20,602 peers)
Coverage in South Carolina
Kennametal Thrift Plus Plan covers 2,667 participants in South Carolina, 7.2x the typical South Carolina plan (state average ~369 per filing). Assets: $523M.
- #19,898
- in Manufacturing (20,602 peers)
- -20.1%
- assets change YoY
- 5.3×
- vs typical plan assets (national mean)
The plan reported a net loss of $132M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Kennametal Thrift Plus Plan's outsized position by total assets
Kennametal Thrift Plus Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$523,420,461 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
Kennametal Thrift Plus 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. Kennametal Thrift Plus Plan lands in the large band (2,667 participants).
DOL schedule card
Filing strip 250900168 · Kennametal Inc. PY 2022 · 401(k)
Kennametal Thrift Plus Plan · $523M · 2,667 · 98th
- NET $523M
- NET 2,667
- NET 98th
- NET 401(k)
- NET near Tk Elevator Retirement Savings Plan
- NET ind #19898
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 South Carolina →
Kennametal Thrift Plus Plan in the asset neighbourhood
South Carolina filing particulars
| Total Assets (Beginning of Year) | $655M |
|---|---|
| Net Assets (End of Year) | $523M |
| Net Income | -$132M |
| Employer EIN | 250900168 |
| Plan Effective Date | 1977-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Kennametal Inc.)
Sponsor-wide plan assets over time
All Kennametal Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.1B 4.296742568333339% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 3,364 | $1.1B |
| 2023 | 4 | 3,416 | $1.1B |
| 2024 | 4 | 3,194 | $1.1B |
Nearby 401(k) Plans in South Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Michelin 401(k) Savings Plan $3.6B · 13,708
- The Savannah River Nuclear Solutions, LLC Defined Contribution Plan $2.2B · 7,829
- Sonoco Retirement & Savings Plan $1.2B · 9,714
- The Milliken Retirement Plan $1.2B · 6,185
- Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan $1.1B · 11,881
Kennametal Thrift Plus Plan's out-of-state 401(k) peers by assets and headcount
Outside South Carolina, the nearest 401(k) by assets is Tk Elevator Retirement Savings Plan in GA ($524M); by covered participants it is Sterilite Corporation Retirement Income Partnership in MA (2,668 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($523M here).
- Tk Elevator Retirement Savings Plan (GA) $524M · 3,810
- Hilti Retirement Savings Plan (OK) $523M · 3,296
- Davis Polk Partners/Staff Savings Plan (NY) $523M · 987
- The Aes Corporation Retirement Savings Plan (VA) $524M · 1,680
Similar participant headcount
Nearest other-state filings by covered participants (2,667 participants); asset peers above are excluded.
- Sterilite Corporation Retirement Income Partnership (MA) 2,668 · 1 off
- Tbc Corporation Safe Harbor 401(k) Plan (FL) 2,666 · 1 off
- Matheson Trucking, Inc. 401(k) Plan (CA) 2,666 · 1 off
- Gulf Coast Health Care, LLC Retirement Plan (FL) 2,668 · 1 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.