Defined Benefit (Pension) · DOL Form 5500 · 2023

Kennametal Inc. Pension Plan

Data updated 2026-08-25

$541M
Total assets Above avg plan size
563
Participants Below avg headcount
98th
Percentile by assets National rank
$960,253
Avg per participant High balance/head
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Official DOL plan name: Kennametal Inc. Retirement Income Plan · Sponsored by Kennametal Inc. · South Carolina · Manufacturing

$541M in assets, 563 participants

Kennametal Inc.'s Kennametal Inc. Retirement Income Plan reported $541M in total assets and 563 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.

  • #17,985 in Manufacturing (18,722 peers)

Where Kennametal Inc. Retirement Income Plan sits by assets

Kennametal Inc. Retirement Income Plan sits in the top 5% of all filed plans by assets, $541M for 563 participants (~$960,253/participant), up 1.1% in 2023.

#17,985
in Manufacturing (18,722 peers)
+1.1%
assets growth YoY
5.4×
vs typical plan assets (national mean)

Kennametal Inc. Retirement Income Plan's outsized position by total assets

Kennametal Inc. Retirement Income Plan vs every filed plan by assets

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

$540,622,439 Top 2% higher than 98% 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 Inc. Retirement Income Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Kennametal Inc. Retirement Income Plan sits mid-pack in the medium band (563 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Kennametal Inc. Retirement Income Plan reported net income rose from -$179M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Kennametal Inc. Retirement Income Plan reported participants fell from 619 in the plan year 2022 filing to 563 in the plan year 2023 filing.
  • Kennametal Inc. Retirement Income Plan end-of-year assets rose from $535M in the plan year 2022 filing to $541M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 250900168 · Kennametal Inc. PY 2023 · Defined Benefit (Pension)

Kennametal Inc. Retirement Income Plan · $541M · 563 · 98th

  • PCT $541M
  • PCT 563
  • PCT 98th
  • PCT Defined Benefit (Pension)
  • PCT near Yale-New Haven Hospital Cash Account Pension Plan
  • PCT ind #17985

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 Inc. Retirement Income Plan in the asset neighbourhood

Msa Pension Plan$542MKennametal Inc. Retirement Income PlanKennametal Inc. Retirement I…$541MYale-New Haven Hospital Cash Account Pension PlanYale-New Haven Hospital Cash…$540MBaker Hughes Company Pension PlanBaker Hughes Company Pension…$540MArdagh North America Retirement Income PlanArdagh North America Retirem…$538M
End-of-year total assets ($M) among Kennametal Inc. Retirement Income Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$535M
Net Assets (End of Year)$541M
Net Income$6M
Employer EIN250900168
Plan Effective Date1954-06-24
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 Defined Benefit (Pension) Plans in South Carolina

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

Kennametal Inc. Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. 010002000300040005000 012345 Total assets ($B) Participants Kennametal Inc. Retirement Income Plan, Total assets ($B): 0.540622439 · Participants: 563Kennametal Inc. Retirement Income PlanThe Savannah River Nuclear Solutions, LLC Multiple Employer Pension Plan, Total assets ($B): 3.899009456 · Participants: 2016The Savannah River Nuclear Solutions, LLC Multiple Employer Pension PlanMichelin Retirement Plan, Total assets ($B): 2.233685106 · Participants: 3743Michelin Retirement PlanNon-Contributory Retirement Program for Certain Empl of Bcbssc, Total assets ($B): 1.20607382 · Participants: 4344Non-Contributory Retirement Program for Certain Empl of BcbsscLegacy Ghs/Tuomey Pension Plan, Total assets ($B): 0.610784456 · Participants: 3346Legacy Ghs/Tuomey Pension PlanWaterfront Employers - Ila Pension Plan, Total assets ($B): 0.481971909 · Participants: 1624Waterfront Employers - Ila Pension Plan
Kennametal Inc. Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in South Carolina, assets vs. participants
Compare Kennametal Inc. Retirement Income Plan side-by-side with 3 peers →

Kennametal Inc. Retirement Income Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside South Carolina, the nearest Defined Benefit (Pension) by assets is Yale-New Haven Hospital Cash Account Pension Plan in CT ($540M); by covered participants it is Local Union 400 I.B.E.W. Pension Plan in NJ (563 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($541M here).

Similar participant headcount

Nearest other-state filings by covered participants (563 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 Inc. Retirement Income Plan assets move in 2023? ▼
Kennametal Inc. Retirement Income Plan edged up modestly - up 1.1% during 2023, from $535M to $541M. Reported net income was $6M.
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.
Where does Kennametal Inc. Retirement Income Plan rank by assets among Form 5500 filers? ▼
Kennametal Inc. Retirement Income Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Kennametal Inc. Retirement Income Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Yale-New Haven Hospital Cash Account Pension Plan in CT ($540M, 17,187 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Kennametal Inc. Retirement Income Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Local Union 400 I.B.E.W. Pension Plan in NJ (563 participants, $184M 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 250900168.

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.