401(k) · DOL Form 5500 · 2023

Howmet Aerospace Inc. 401(k) Plan

Data updated 2026-08-25

$839M
Total assets Above avg plan size
9,000
Participants Very large workforce
98th
Percentile by assets National rank
$93,205
Avg per participant Below avg balance/head
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Official DOL plan name: Howmet Aerospace Hourly Retirement Savings Plan · Sponsored by Howmet Aerospace Inc. · Pennsylvania · Manufacturing

$839M in assets, 9,000 participants

Howmet Aerospace Inc.'s Howmet Aerospace Hourly Retirement Savings Plan reported $839M in total assets and 9,000 participants in its 2023 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.

  • #18,187 in Manufacturing (18,722 peers)

Coverage in Pennsylvania

Howmet Aerospace Hourly Retirement Savings Plan covers 9,000 participants in Pennsylvania, 11x the typical Pennsylvania plan (state average ~822 per filing). Assets: $839M.

#18,187
in Manufacturing (18,722 peers)
+14.7%
assets growth YoY
8.4×
vs typical plan assets (national mean)

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

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

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

$838,845,499 Top 2% higher than 98% 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 Hourly 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 Hourly Retirement Savings Plan lands in the large band (9,000 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Howmet Aerospace Hourly Retirement Savings Plan reported net income rose from -$135M in the plan year 2022 filing to $112M in the plan year 2023 filing.
  • Howmet Aerospace Hourly Retirement Savings Plan end-of-year assets rose from $732M in the plan year 2022 filing to $839M in the plan year 2023 filing.
  • Howmet Aerospace Hourly Retirement Savings Plan reported participants rose from 8,309 in the plan year 2022 filing to 9,000 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 Hourly Retirement Savings Plan · $839M · 9,000 · 98th

  • PCT $839M
  • EIN 9,000
  • RANK 98th
  • PHOTO 401(k)
  • IND near Markel Group Inc. Retirement Savings Plan
  • EOY ind #18187

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 Hourly Retirement Savings Plan in the asset neighbourhood

Triad 401(k) Savings Plan$840MThe Coca-Cola Bottlers' Association 401(k) Retirement Savings PlanThe Coca-Cola Bottlers' Asso…$839MMarkel Group Inc. Retirement Savings PlanMarkel Group Inc. Retirement…$839MHowmet Aerospace Hourly Retirement Savings PlanHowmet Aerospace Hourly Reti…$839MMartin Marietta Savings and Investment PlanMartin Marietta Savings and …$838M
End-of-year total assets ($M) among Howmet Aerospace Hourly Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$732M
Net Assets (End of Year)$839M
Net Income$112M
Employer EIN250317820
Plan Effective Date1986-08-01
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 Hourly Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 05101520 Total assets ($B) Participants Howmet Aerospace Hourly Retirement Savings Plan, Total assets ($B): 0.838845499 · Participants: 9000Howmet Aerospace Hourly 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 Hourly Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Howmet Aerospace Hourly Retirement Savings Plan side-by-side with 3 peers →

Scale composition for Howmet Aerospace Hourly Retirement Savings Plan

Howmet Aerospace Hourly Retirement Savings Plan reports $839M in end-of-year assets across 9,000 participants (0.007% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $93,205 per participant (67% of the national average assets-per-participant) . Net income for plan year 2023 was $112M.

This plan identity (EIN 250317820, plan #008) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $732M to $952M (+30.2%) while covered participants moved from 8,309 to 10,022 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 8,309 $732M Open filing
2023 9,000 $839M This page
2024 · index core 10,022 $952M Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

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

Outside Pennsylvania, the nearest 401(k) by assets is Markel Group Inc. Retirement Savings Plan in VA ($839M); by covered participants it is Chico's Fas, Inc. 401(k) Elective Deferral Plan in FL (8,998 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($839M here).

Similar participant headcount

Nearest other-state filings by covered participants (9,000 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 Hourly Retirement Savings Plan assets move in 2023? ▼
Howmet Aerospace Hourly Retirement Savings Plan grew at a solid clip - up 14.7% during 2023, from $732M to $839M. Reported net income was $112M.
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 Hourly Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Howmet Aerospace Hourly Retirement Savings Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Howmet Aerospace Hourly Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Markel Group Inc. Retirement Savings Plan in VA ($839M, 3,363 participants).
Which 401(k) plans cover a similar participant headcount to Howmet Aerospace Hourly Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Chico's Fas, Inc. 401(k) Elective Deferral Plan in FL (8,998 participants, $175M 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.