Defined Benefit (Pension) · DOL Form 5500 · 2022

Kennametal Inc. Pension Plan

Data updated 2026-08-11

$535M
Total assets
619
Participants
98th
Percentile by assets
$863,732
Avg per participant
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Official DOL plan name: Kennametal Inc. Retirement Income Plan · Sponsored by Kennametal Inc. · South Carolina · Manufacturing

$535M in assets, 619 participants

Kennametal Inc.'s Kennametal Inc. Retirement Income Plan reported $535M in total assets and 619 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)
  • #19,912 in Manufacturing (20,602 peers)

Where Kennametal Inc. Retirement Income Plan sits by assets

Kennametal Inc. Retirement Income Plan sits in the top 5% of all filed plans by assets, $535M for 619 participants (~$863,732/participant), down 25.1% in 2022.

$535M
total plan assets (2022 EOY)
619
covered participants
98th
percentile by assets (of 139,126 plans)
$863,732
avg assets per participant

The plan reported a net loss of $179M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Industry

Kennametal Inc. Retirement Income Plan vs the 2022 asset distribution

By assets, Kennametal Inc. Retirement Income Plan outranks 98% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 5.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$714M
Net Assets (End of Year)$535M
Net Income-$179M
Employer EIN250900168
Plan Effective Date1954-06-24
Filing StatusFILING RECEIVED

Sponsor Plan History (Kennametal Inc.)

$1.08B$1.1B$1.12B$1.14B$1.16B 202220232024 $1.09B $1.13B ▲ +3.7%
Total plan assets by year, all Kennametal Inc. plans on file
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. Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in South Carolina, assets vs. participants

Kennametal Inc. Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. 010002000300040005000 01234 Total assets ($B) Participants Kennametal Inc. Reti…The Savannah River N…Michelin Retirement …Non-Contributory Ret…Waterfront Employers…Pension Plan for Hou…
Kennametal Inc. Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in South Carolina, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Kennametal Inc. Retirement Income Plan by total assets, not by location.

Frequently Asked Questions

How did Kennametal Inc. Retirement Income Plan assets move in 2022?
Kennametal Inc. Retirement Income Plan declined sharply - down 25.1% during 2022, from $714M to $535M. Reported net income was -$179M.
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. Retirement Income Plan rank by assets among Form 5500 filers?
Kennametal Inc. Retirement Income Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Kennametal Inc. Retirement Income Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Tenth Amended & Restated Owens-Illinois Hourly Retirement Plan in OH ($534M, 2,844 participants).

Next read for Kennametal Inc. Retirement Income Plan

Scale reading

Ways to act on Kennametal Inc. Retirement Income Plan's numbers.

  • By total assets, Kennametal Inc. Retirement Income Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in South Carolina. Compare plans
  • Kennametal Inc.'s sponsor-wide assets have grown 4.3% since 2022 across 3 plan years on file. More Manufacturing plans