401(k) · DOL Form 5500 · 2023

Kennametal Inc. 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
72
Participants Small participant base
59th
Percentile by assets National rank
$142,936
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Kennametal Savings Plan · Sponsored by Kennametal Inc. · South Carolina · Manufacturing

$10M in assets, 72 participants

Kennametal Inc.'s Kennametal Savings Plan reported $10M in total assets and 72 participants in its 2023 DOL Form 5500 filing, ranking in the 59th 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.

  • #8,532 in Manufacturing (18,722 peers)

What the 2023 filing shows

Kennametal Savings Plan holds $10M for 72 participants - about $142,936 per participant, above the median plan by assets.

#8,532
in Manufacturing (18,722 peers)
-1.4%
assets change YoY

The plan reported a net loss of $150K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Kennametal Savings Plan's mid-pack asset rank among Manufacturing and all filers

Kennametal Savings Plan vs every filed plan by assets

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

$10,291,360 Top 41% higher than 59% 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

Kennametal Savings Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Kennametal Savings Plan is a small filing (72 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Kennametal Savings Plan reported net income rose from -$3M in the plan year 2022 filing to -$150K in the plan year 2023 filing.
  • Kennametal Savings Plan reported participants fell from 78 in the plan year 2022 filing to 72 in the plan year 2023 filing.
  • Kennametal Savings Plan end-of-year assets fell from $10M in the plan year 2022 filing to $10M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 250900168 · Kennametal Inc. PY 2023 · 401(k)

Kennametal Savings Plan · $10M · 72 · 59th

  • IND $10M
  • IND 72
  • IND 59th
  • IND 401(k)
  • IND near Kitestring Technical Services 401(k) Plan
  • IND ind #8532

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 South Carolina →

Kennametal Savings Plan in the asset neighbourhood

Kennametal Savings Plan$10MKitestring Technical Services 401(k) PlanKitestring Technical Service…$10MHoyer Global USA Inc 401(k) Profit Sharing Plan & TrustHoyer Global USA Inc 401(k) …$10MPlastic Express 401(k) Plan$10MDa-Com 401(k) Plan$10M
End-of-year total assets ($M) among Kennametal Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$10M
Net Income-$150K
Employer EIN250900168
Plan Effective Date1999-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kennametal Inc.)

Sponsor-wide plan assets over time

All Kennametal Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.1B 4.296742568333339% vs 2022
2024 filing year
$1.08B$1.1B$1.12B$1.14B$1.16B 202220232024 $1.09B $1.13B ▲ +3.7%
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.

Kennametal Savings Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -1012345 Total assets ($B) Participants Kennametal Savings Plan, Total assets ($B): 0.01029136 · Participants: 72Kennametal Savings PlanMichelin 401(k) Savings Plan, Total assets ($B): 4.081217676 · Participants: 14439Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.54970984 · Participants: 8661The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.560739492 · Participants: 11311Sonoco Retirement & Savings PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.313010355 · Participants: 10614Sonoco Retirement & Savings PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.296149408 · Participants: 11348Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan
Kennametal Savings Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

Kennametal Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside South Carolina, the nearest 401(k) by assets is Kitestring Technical Services 401(k) Plan in AR ($10M); by covered participants it is Gryphon Healthcare 401(k) Plan in TX (72 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($10M here).

Similar participant headcount

Nearest other-state filings by covered participants (72 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 Kennametal Savings Plan assets move in 2023?
Kennametal Savings Plan edged down modestly - down 1.4% during 2023, from $10M to $10M. Reported net income was -$150K.
How have Kennametal Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Kennametal Inc.'s sponsor-wide assets grew 4.3%, from $1.1B to $1.1B.
Which 401(k) plans are similar in size to Kennametal Savings Plan?
Among 401(k) plans in other states, the closest by assets is Kitestring Technical Services 401(k) Plan in AR ($10M, 128 participants).
Which 401(k) plans cover a similar participant headcount to Kennametal Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Gryphon Healthcare 401(k) Plan in TX (72 participants, N/A in assets).