401(k) · DOL Form 5500 · 2023
Howmet Aerospace Inc. 401(k) Plan
Data updated 2026-08-11
- $988M
- Total assets
- 2,895
- Participants
- 99th
- Percentile by assets
- $341,325
- Avg per participant
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.
- 99th percentile by assets (of 127,072 plans)
- #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.
- $988M
- total plan assets (2023 EOY)
- 2,895
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $341,325
- avg assets per participant
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.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Howmet Aerospace Salaried Retirement Savings Plan reports 2,895 participants - 3.5x that state average ($988M EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $878M |
|---|---|
| Net Assets (End of Year) | $988M |
| Net Income | $105M |
| Employer EIN | 250317820 |
| Plan Effective Date | 1958-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Howmet Aerospace Inc.)
| 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
- Comcast Corporation Retirement - Investment Plan $17.4B · 93,136
- Cigna 401(k) Plan $13.0B · 66,760
- The Vanguard Retirement and Savings Plan $9.8B · 18,200
- The PNC Financial Services Group, Inc. Incentive Savings Plan $9.3B · 61,697
- The Bank of New York Mellon Corporation 401(k) Savings Plan $9.0B · 25,184
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Howmet Aerospace Salaried Retirement Savings Plan by total assets, not by location.
- Vf 401(k) Savings Plan (NC) $987M · 18,217
- Hannaford Bros. Co. 401(k) Plan (ME) $986M · 29,370
- Virtua 401(k) Savings Plan (NJ) $990M · 11,249
- Texas Oncology, P.a. 401(k) Plan (TX) $986M · 3,621
Frequently Asked Questions
How did Howmet Aerospace Salaried Retirement Savings Plan assets move in 2023? ▼
How have Howmet Aerospace Inc. plan assets changed over time? ▼
Where does Howmet Aerospace Salaried Retirement Savings Plan rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on Howmet Aerospace Salaried Retirement Savings Plan's numbers.
- By total assets, Howmet Aerospace Salaried Retirement Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
- Howmet Aerospace Inc.'s sponsor-wide assets have grown 14.4% since 2022 across 3 plan years on file. More Manufacturing plans