401(k) · DOL Form 5500 · 2023
Arconic Corporation 401(k) Plan
Data updated 2026-08-11
- $678M
- Total assets
- 6,136
- Participants
- 98th
- Percentile by assets
- $110,539
- Avg per participant
Official DOL plan name: Arconic Corp. Hourly 401(k) Plan · Sponsored by Arconic Corporation · Pennsylvania · Manufacturing
$678M in assets, 6,136 participants
Arconic Corporation's Arconic Corp. Hourly 401(k) Plan reported $678M in total assets and 6,136 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.
- 98th percentile by assets (of 127,072 plans)
- #18,107 in Manufacturing (18,722 peers)
Coverage in Pennsylvania
Arconic Corp. Hourly 401(k) Plan covers 6,136 participants in Pennsylvania, 7.5x the typical Pennsylvania plan (state average ~822 per filing). Assets: $678M.
- $678M
- total plan assets (2023 EOY)
- 6,136
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $110,539
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Arconic Corp. Hourly 401(k) Plan reported net income rose from -$104M in the plan year 2022 filing to $88M in the plan year 2023 filing.
- Arconic Corp. Hourly 401(k) Plan reported participants rose from 5,084 in the plan year 2022 filing to 6,136 in the plan year 2023 filing.
- Arconic Corp. Hourly 401(k) Plan end-of-year assets rose from $593M in the plan year 2022 filing to $678M in the plan year 2023 filing.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Arconic Corp. Hourly 401(k) Plan reports 6,136 participants - 7.5x that state average ($678M EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $593M |
|---|---|
| Net Assets (End of Year) | $678M |
| Net Income | $88M |
| Employer EIN | 842745636 |
| Plan Effective Date | 2020-02-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Arconic Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 11,979 | $2.4B |
| 2023 | 4 | 12,719 | $2.5B |
| 2024 | 4 | 12,280 | $2.6B |
Nearby 401(k) Plans in Pennsylvania
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Arconic Corp. Hourly 401(k) 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
Scale composition for Arconic Corp. Hourly 401(k) Plan
Arconic Corp. Hourly 401(k) Plan reports $678M in end-of-year assets across 6,136 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $110,539 per participant (80% of the national average assets-per-participant) . Net income for plan year 2023 was $88M.
This plan identity (EIN 842745636, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $593M to $751M (+26.7%) while covered participants moved from 5,084 to 5,965 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,084 | $593M | Open filing |
| 2023 | 6,136 | $678M | This page |
| 2024 · index core | 5,965 | $751M | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- Arconic Corp. Salaried 401(k) Plan (401(k), $765M, 2,284 participants)
- Arconic Corp. Hourly 401(k) Plan (401(k), $751M, 5,965 participants)
- Arconic Corp. Pension Plan B (Defined Benefit (Pension), $549M, 3,592 participants)
- Arconic Corp. Pension Plan a (Defined Benefit (Pension), $539M, 439 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Arconic Corp. Hourly 401(k) Plan by total assets, not by location.
- Gerdau Ameristeel US 401(k) Retirement Plan (FL) $678M · 3,213
- Agco Corporation Savings Plan (GA) $678M · 4,541
- The Cultural Institutions Savings Plan (NY) $678M · 7,978
- Caterpillar Inc. Tax Deferred Retirement Plan (TX) $679M · 6,387
Frequently Asked Questions
How did Arconic Corp. Hourly 401(k) Plan assets move in 2023? ▼
How have Arconic Corporation plan assets changed over time? ▼
Where does Arconic Corp. Hourly 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Arconic Corp. Hourly 401(k) Plan? ▼
Next read for Arconic Corp. Hourly 401(k) Plan
Filing takeaways
Ways to act on Arconic Corp. Hourly 401(k) Plan's numbers.
- By total assets, Arconic Corp. Hourly 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
- Arconic Corporation's sponsor-wide assets have grown 7.7% since 2022 across 3 plan years on file. More Manufacturing plans