Defined Benefit (Pension) · DOL Form 5500 · 2023
Arconic Corporation Pension Plan
Data updated 2026-08-11
- $587M
- Total assets
- 478
- Participants
- 98th
- Percentile by assets
- $1.2M
- Avg per participant
Official DOL plan name: Arconic Corp. Pension Plan a · Sponsored by Arconic Corporation · Pennsylvania · Manufacturing
$587M in assets, 478 participants
Arconic Corporation's Arconic Corp. Pension Plan a reported $587M in total assets and 478 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)
- #18,029 in Manufacturing (18,722 peers)
Where Arconic Corp. Pension Plan a sits by assets
Arconic Corp. Pension Plan a sits in the top 5% of all filed plans by assets, $587M for 478 participants (~$1.2M/participant), down 4.6% in 2023.
- $587M
- total plan assets (2023 EOY)
- 478
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $1.2M
- avg assets per participant
The plan reported a net loss of $28M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Arconic Corp. Pension Plan a reported net income rose from -$359M in the plan year 2022 filing to -$28M in the plan year 2023 filing.
- Arconic Corp. Pension Plan a reported participants fell from 595 in the plan year 2022 filing to 478 in the plan year 2023 filing.
- Arconic Corp. Pension Plan a end-of-year assets fell from $615M in the plan year 2022 filing to $587M in the plan year 2023 filing.
Arconic Corp. Pension Plan a vs the 2023 asset distribution
By assets, Arconic Corp. Pension Plan a outranks 98% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 5.9x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $615M |
|---|---|
| Net Assets (End of Year) | $586M |
| Net Income | -$28M |
| Employer EIN | 842745636 |
| Plan Effective Date | 2020-01-01 |
| 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 Defined Benefit (Pension) Plans in Pennsylvania
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Arconic Corp. Pension Plan a vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
- National Elevator Industry Pension Plan $11.2B · 27,434
- Steelworkers Pension Trust $6.6B · 47,052
- The PNC Financial Services Group, Inc. Pension Plan $5.6B · 63,680
- Constellation Retirement Program $5.3B · 5,080
- The Bank of New York Mellon Corporation Pension Plan $5.3B · 7,374
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Arconic Corp. Pension Plan a by total assets, not by location.
- Medstar Health, Inc. Pension Equity Plan (MD) $586M · 1,826
- Local 338 Retirement Fund (NY) $588M · 2,454
- Employees' Retirement Plan of Indianapolis Power & Light Company (IN) $589M · 737
- The Legacy Plan of the Unite Here Retirement Fund (NY) $591M · 19,570
Frequently Asked Questions
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How have Arconic Corporation plan assets changed over time? ▼
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Next read for Arconic Corp. Pension Plan a
Scale reading
Ways to act on Arconic Corp. Pension Plan a's numbers.
- By total assets, Arconic Corp. Pension Plan a ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) 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