Defined Benefit (Pension) · DOL Form 5500 · 2023

Howmet Aerospace Inc. Pension Plan

Data updated 2026-08-25

$75M
Total assets Below avg plan size
2,036
Participants Near avg headcount
89th
Percentile by assets National rank
$36,603
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Howmet Merged Pension Plan · Sponsored by Howmet Aerospace Inc. · Pennsylvania · Manufacturing

$75M in assets, 2,036 participants

Howmet Aerospace Inc.'s Howmet Merged Pension Plan reported $75M in total assets and 2,036 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #15,709 in Manufacturing (18,722 peers)

Coverage in Pennsylvania

Howmet Merged Pension Plan covers 2,036 participants in Pennsylvania, 2.5x the typical Pennsylvania plan (state average ~822 per filing). Assets: $75M.

#15,709
in Manufacturing (18,722 peers)
-2.9%
assets change YoY
0.7×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Howmet Merged Pension Plan's outsized position by total assets

Howmet Merged Pension Plan vs every filed plan by assets

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

$74,523,567 Top 11% higher than 89% 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 Merged Pension 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 Merged Pension Plan lands in the large band (2,036 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Howmet Merged Pension Plan reported net income rose from -$51M in the plan year 2022 filing to -$2M in the plan year 2023 filing.
  • Howmet Merged Pension Plan reported participants fell from 2,391 in the plan year 2022 filing to 2,036 in the plan year 2023 filing.
  • Howmet Merged Pension Plan end-of-year assets fell from $77M in the plan year 2022 filing to $75M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 250317820 · Howmet Aerospace Inc. PY 2023 · Defined Benefit (Pension)

Howmet Merged Pension Plan · $75M · 2,036 · 89th

  • EIN $75M
  • EIN 2,036
  • EIN 89th
  • EIN Defined Benefit (Pension)
  • EIN near Oklahoma Farm Bureau Pension Plan
  • EIN ind #15709

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 Merged Pension Plan in the asset neighbourhood

Dak Americas LLC Pension Plan$75MBricklayers & Allied Craftworkers Local 3 Ny Rochester Chapter Pension FundBricklayers & Allied Craftwo…$75MHowmet Merged Pension Plan$75MOklahoma Farm Bureau Pension PlanOklahoma Farm Bureau Pension…$75MThe Jewish Home & Hospital Retirement PlanThe Jewish Home & Hospital R…$74M
End-of-year total assets ($M) among Howmet Merged Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$77M
Net Assets (End of Year)$74M
Net Income-$2M
Employer EIN250317820
Plan Effective Date1995-12-12
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 Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Howmet Merged Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Howmet Merged Pension Plan, Total assets ($B): 0.074523567 · Participants: 2036Howmet Merged Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 11.224377797 · Participants: 27434National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 6.602912146 · Participants: 47052Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.63715 · Participants: 63680The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.323012123 · Participants: 5080Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.257223708 · Participants: 7374The Bank of New York Mellon Corporation Pension Plan
Howmet Merged Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Howmet Merged Pension Plan side-by-side with 3 peers →

Howmet Merged Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Oklahoma Farm Bureau Pension Plan in OK ($75M); by covered participants it is Msi Pension Plan in IL (2,036 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,036 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 Merged Pension Plan assets move in 2023? ▼
Howmet Merged Pension Plan edged down modestly - down 2.9% during 2023, from $77M to $75M. Reported net income was -$2M.
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 Merged Pension Plan rank by assets among Form 5500 filers? ▼
Howmet Merged Pension Plan ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Howmet Merged Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Oklahoma Farm Bureau Pension Plan in OK ($75M, 118 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Howmet Merged Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Msi Pension Plan in IL (2,036 participants, $3.4B 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.