401(k) · DOL Form 5500 · 2023

Howmet Aerospace Inc. 401(k) Plan

Data updated 2026-08-25

$988M
Total assets Above avg plan size
2,895
Participants Above avg headcount
99th
Percentile by assets National rank
$341,325
Avg per participant High balance/head
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Official DOL plan name: Howmet Aerospace Salaried Retirement Savings Plan · Sponsored by Howmet Aerospace Inc. · Pennsylvania · Manufacturing

$988M in assets, 2,895 participants

Howmet Aerospace Inc.'s Howmet Aerospace Salaried Retirement Savings Plan reported $988M in total assets and 2,895 participants in its 2023 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.

  • #18,265 in Manufacturing (18,722 peers)

Coverage in Pennsylvania

Howmet Aerospace Salaried Retirement Savings Plan covers 2,895 participants in Pennsylvania, 3.5x the typical Pennsylvania plan (state average ~822 per filing). Assets: $988M.

#18,265
in Manufacturing (18,722 peers)
+12.6%
assets growth YoY
9.9×
vs typical plan assets (national mean)

Howmet Aerospace Salaried Retirement Savings Plan's outsized position by total assets

Howmet Aerospace Salaried Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$988,136,159 Top 1% higher than 99% of 127,068 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 2023

Howmet Aerospace Salaried Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Howmet Aerospace Salaried Retirement Savings Plan lands in the large band (2,895 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Howmet Aerospace Salaried Retirement Savings Plan reported net income rose from -$218M in the plan year 2022 filing to $105M in the plan year 2023 filing.
  • Howmet Aerospace Salaried Retirement Savings Plan end-of-year assets rose from $878M in the plan year 2022 filing to $988M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 250317820 · Howmet Aerospace Inc. PY 2023 · 401(k)

Howmet Aerospace Salaried Retirement Savings Plan · $988M · 2,895 · 99th

  • EBSA $988M
  • EBSA 2,895
  • EBSA 99th
  • EBSA 401(k)
  • EBSA near Vf 401(k) Savings Plan
  • EBSA ind #18265

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 Salaried Retirement Savings Plan in the asset neighbourhood

Virtua 401(k) Savings Plan$990MHowmet Aerospace Salaried Retirement Savings PlanHowmet Aerospace Salaried Re…$988MVf 401(k) Savings Plan$987MHannaford Bros. Co. 401(k) PlanHannaford Bros. Co. 401(k) P…$986MTexas Oncology, P.a. 401(k) PlanTexas Oncology, P.a. 401(k) …$986M
End-of-year total assets ($M) among Howmet Aerospace Salaried Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$878M
Net Assets (End of Year)$988M
Net Income$105M
Employer EIN250317820
Plan Effective Date1958-05-01
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 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 Scatter plot of 6 data points. -20000020000400006000080000100000 05101520 Total assets ($B) Participants Howmet Aerospace Salaried Retirement Savings Plan, Total assets ($B): 0.988136159 · Participants: 2895Howmet Aerospace Salaried Retirement Savings PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
Howmet Aerospace Salaried Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Howmet Aerospace Salaried Retirement Savings Plan side-by-side with 3 peers →

Howmet Aerospace Salaried Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Vf 401(k) Savings Plan in NC ($987M); by covered participants it is Dormakaba USA Inc. 401(k) Plan in IN (2,896 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($988M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,895 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Howmet Aerospace Salaried Retirement Savings Plan assets move in 2023? ▼
Howmet Aerospace Salaried Retirement Savings Plan grew at a solid clip - up 12.6% during 2023, from $878M to $988M. Reported net income was $105M.
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 127,072 plans that reported assets for plan year 2023 (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 Vf 401(k) Savings Plan in NC ($987M, 18,217 participants).
Which 401(k) plans cover a similar participant headcount to Howmet Aerospace Salaried Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dormakaba USA Inc. 401(k) Plan in IN (2,896 participants, $173M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 250317820.

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.