Defined Benefit (Pension) · DOL Form 5500 · 2022

Kennametal Inc. Pension Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
N/A
Participants Small participant base
75th
Percentile by assets National rank
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Official DOL plan name: Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees · Sponsored by Kennametal Inc. · South Carolina · Manufacturing

$18M in assets, N/A participants

Kennametal Inc.'s Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees reported $18M in total assets and N/A participants in its 2022 DOL Form 5500 filing, ranking in the 75th 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.

  • #13,561 in Manufacturing (20,602 peers)

Where Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees sits by assets

Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees sits in the top quartile of all filed plans by assets, $18M for N/A participants, down 25.2% in 2022.

#13,561
in Manufacturing (20,602 peers)
-25.2%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees's outsized position by total assets

Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$17,826,380 Top 25% higher than 75% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Filed plans by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

Published 5500 schedule card

Filing strip 250900168 · Kennametal Inc. PY 2022 · Defined Benefit (Pension)

Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees · $18M · N/A · 75th

  • PART $18M
  • TYPE N/A
  • NET 75th
  • BOOK Defined Benefit (Pension)
  • VS-ST near Alinabal, Inc. Retirement Plan
  • BOY ind #13561

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 Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees in the asset neighbourhood

Alinabal, Inc. Retirement PlanAlinabal, Inc. Retirement Pl…$18MKennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance EmployeesKennametal Inc. and UAW Incl…$18MYork International Corporation Pension Plan Number FifteenYork International Corporati…$18MAmerican Farm Bureau Federation and Affiliated Companies Employees' Retirement PlanAmerican Farm Bureau Federat…$18MRestated Retirement Plan for the Employees of Miller-Dwan Medical CenterRestated Retirement Plan for…$18M
End-of-year total assets ($M) among Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$18M
Net Income-$6M
Employer EIN250900168
Plan Effective Date1954-11-27
Filing StatusFILING 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
$1.08B$1.1B$1.12B$1.14B$1.16B 202220232024 $1.09B $1.13B ▲ +3.7%
Year Plans Participants Total Assets
2022 4 3,364 $1.1B
2023 4 3,416 $1.1B
2024 4 3,194 $1.1B

Nearby Defined Benefit (Pension) Plans in South Carolina

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees vs. nearby Defined Benefit (Pension) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -101234 Total assets ($B) Participants Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees, Total assets ($B): 0.01782638 · Participants: 0Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance EmployeesThe Savannah River Nuclear Solutions, LLC Multiple Employer Pension Plan, Total assets ($B): 3.719675199 · Participants: 2366The Savannah River Nuclear Solutions, LLC Multiple Employer Pension PlanMichelin Retirement Plan, Total assets ($B): 2.082777357 · Participants: 4145Michelin Retirement PlanNon-Contributory Retirement Program for Certain Empl of Bcbssc, Total assets ($B): 1.161191922 · Participants: 4649Non-Contributory Retirement Program for Certain Empl of BcbsscKennametal Inc. Retirement Income Plan, Total assets ($B): 0.534650277 · Participants: 619Kennametal Inc. Retirement Income PlanWaterfront Employers - Ila Pension Plan, Total assets ($B): 0.439607531 · Participants: 1720Waterfront Employers - Ila Pension Plan
Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees vs. nearby Defined Benefit (Pension) plans in South Carolina, assets vs. participants
Compare Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees side-by-side with 3 peers →

Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees's closest out-of-state Defined Benefit (Pension) peers by assets

Outside South Carolina, the nearest Defined Benefit (Pension) by end-of-year assets is Alinabal, Inc. Retirement Plan in CT at $18M (this filing: $18M).

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees assets move in 2022? ▼
Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees declined sharply - down 25.2% during 2022, from $24M to $18M. Reported net income was -$6M.
How have Kennametal Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Kennametal Inc.'s sponsor-wide assets grew 4.3%, from $1.1B to $1.1B.
Where does Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees rank by assets among Form 5500 filers? ▼
Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees ranks in the 75th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Alinabal, Inc. Retirement Plan in CT ($18M, 77 participants).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 250900168.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.