Defined Benefit (Pension) · DOL Form 5500 · 2022

Howmet Aerospace Inc. Pension Plan

Data updated 2026-08-25

$681M
Total assets Above avg plan size
2,247
Participants Above avg headcount
98th
Percentile by assets National rank
$303,014
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Howmet Aerospace Retirement Plan · Sponsored by Howmet Aerospace Inc. · Pennsylvania · Manufacturing

$681M in assets, 2,247 participants

Howmet Aerospace Inc.'s Howmet Aerospace Retirement Plan reported $681M in total assets and 2,247 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.

  • #20,031 in Manufacturing (20,602 peers)

Coverage in Pennsylvania

Howmet Aerospace Retirement Plan covers 2,247 participants in Pennsylvania, 2.7x the typical Pennsylvania plan (state average ~822 per filing). Assets: $681M.

#20,031
in Manufacturing (20,602 peers)
-33.7%
assets change YoY
6.8×
vs typical plan assets (national mean)

The plan reported a net loss of $346M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Howmet Aerospace Retirement Plan's outsized position by total assets

Howmet Aerospace Retirement Plan vs every filed plan by assets

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

$680,873,055 Top 2% higher than 98% 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

Howmet Aerospace Retirement 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 Retirement Plan lands in the large band (2,247 participants).

EBSA filing schedule strip

Filing strip 250317820 · Howmet Aerospace Inc. PY 2022 · Defined Benefit (Pension)

Howmet Aerospace Retirement Plan · $681M · 2,247 · 98th

  • EOY $681M
  • EOY 2,247
  • EOY 98th
  • EOY Defined Benefit (Pension)
  • EOY near Road Carriers Local 707 Pension Fund
  • EOY ind #20031

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 Retirement Plan in the asset neighbourhood

The Employee Retirement Plan of Group Health Plan,The Employee Retirement Plan…$683MHowmet Aerospace Retirement PlanHowmet Aerospace Retirement …$681MRoad Carriers Local 707 Pension FundRoad Carriers Local 707 Pens…$680MAnheuser-Busch Defined Benefit PlanAnheuser-Busch Defined Benef…$679MCedars-Sinai Health System Defined Benefit Retirement PlanCedars-Sinai Health System D…$678M
End-of-year total assets ($M) among Howmet Aerospace Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$1.0B
Net Assets (End of Year)$681M
Net Income-$346M
Employer EIN250317820
Plan Effective Date1944-01-01
Filing StatusFILING 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
$2.2B$2.4B$2.6B$2.8B 202220232024 $2.37B $2.71B ▲ +14.3%
Year Plans Participants Total Assets
2022 4 15,839 $2.4B
2023 4 15,860 $2.5B
2024 4 17,052 $2.7B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Howmet Aerospace Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 051015 Total assets ($B) Participants Howmet Aerospace Retirement Plan, Total assets ($B): 0.680873055 · Participants: 2247Howmet Aerospace Retirement PlanNational Elevator Industry Pension Plan, Total assets ($B): 10.401485458 · Participants: 27097National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 5.908424468 · Participants: 52395Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.402519 · Participants: 63731The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.359207207 · Participants: 5314Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 4.968344232 · Participants: 8098The Bank of New York Mellon Corporation Pension Plan
Howmet Aerospace Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Howmet Aerospace Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Road Carriers Local 707 Pension Fund in NY ($680M); by covered participants it is Joint Pension Fund Local Union IBEW in NJ (2,247 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($681M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,247 participants); asset peers above are excluded.

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 Howmet Aerospace Retirement Plan assets move in 2022?
Howmet Aerospace Retirement Plan contracted severely - down 33.7% during 2022, from $1.0B to $681M. Reported net income was -$346M.
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 Retirement Plan rank by assets among Form 5500 filers?
Howmet Aerospace Retirement 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 Howmet Aerospace Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Road Carriers Local 707 Pension Fund in NY ($680M, 694 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Howmet Aerospace Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Joint Pension Fund Local Union IBEW in NJ (2,247 participants, $487M in assets).