KENNAMETAL THRIFT PLUS PLAN
ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.
KENNAMETAL INC.
This 401(k) plan holds $572M in total assets and serves 2,781 participants as of 2023. It is sponsored by KENNAMETAL INC. in South Carolina. The plan reported positive net income of $49M for the year.
What the Filing Says About KENNAMETAL THRIFT PLUS PLAN
KENNAMETAL THRIFT PLUS PLAN is a 401(k) retirement plan sponsored by KENNAMETAL INC., headquartered in South Carolina. As of the 2023 Form 5500 filing, the plan reports $572M in total end-of-year assets and covers 2,781 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 250900168, and the plan has been effective since 1977-01-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $523M at the beginning of 2023 to $572M at year-end — a gain of 9.3%. Net assets (after liabilities) closed the year at $572M, with reported net income of $49M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
Financial Summary (2023)
| Total Assets (Beginning of Year) | $523M |
| Total Assets (End of Year) | $572M |
| Net Assets (End of Year) | $572M |
| Net Income | $49M |
| Plan Type | 401(k) |
| Employer EIN | 250900168 |
| Plan Effective Date | 1977-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (KENNAMETAL INC.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 3,364 | $1.1B |
| 2023 | 4 | 3,416 | $1.1B |
| 2024 | 4 | 3,194 | $1.1B |
Nearby 401(k) Plans in South Carolina
Peer 401(k) plans — same state, same plan type — ranked by total assets.
- MICHELIN 401(K) SAVINGS PLAN $4.1B · 14,439
- THE SAVANNAH RIVER NUCLEAR SOLUTIONS, LLC DEFINED CONTRIBUTION PLAN $2.5B · 8,661
- PRISMA HEALTH RETIREMENT SAVINGS PLAN $1.9B · 28,745
- SONOCO RETIREMENT & SAVINGS PLAN $1.6B · 11,311
- SONOCO RETIREMENT & SAVINGS PLAN $1.3B · 10,614
Related Data
Guides
Frequently Asked Questions
How much money is in the KENNAMETAL THRIFT PLUS PLAN? ▼
What type of plan is KENNAMETAL THRIFT PLUS PLAN? ▼
Who sponsors the KENNAMETAL THRIFT PLUS PLAN? ▼
How did KENNAMETAL THRIFT PLUS PLAN perform in 2023? ▼
Where can I find official filings for KENNAMETAL THRIFT PLUS PLAN? ▼
How does KENNAMETAL THRIFT PLUS PLAN compare to other plans? ▼
Explore PlainRetire
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 250900168.
Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology — how this data is sourced, computed, and verified.