Defined Benefit (Pension) · DOL Form 5500 · 2023

Kennametal Inc. Pension Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
N/A
Participants Small participant base
71st
Percentile by assets National rank
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Official DOL plan name: Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees · Sponsored by Kennametal Inc. · South Carolina · Manufacturing

$18M in assets, N/A participants

Kennametal Inc.'s Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees reported $18M in total assets and N/A participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.

  • #11,253 in Manufacturing (18,722 peers)

What the 2023 filing shows

Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees holds $18M for N/A participants, above the median plan by assets.

#11,253
in Manufacturing (18,722 peers)
+1.6%
assets growth YoY

Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees's outsized position by total assets

Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees vs every filed plan by assets

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

$18,103,681 Top 29% higher than 71% 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

Filed plans by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees reported net income rose from -$6M in the plan year 2022 filing to $276K in the plan year 2023 filing.
  • Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees end-of-year assets rose from $18M in the plan year 2022 filing to $18M 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 · Defined Benefit (Pension)

Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees · $18M · N/A · 71st

  • VS-ST $18M
  • VS-ST N/A
  • VS-ST 71st
  • VS-ST Defined Benefit (Pension)
  • VS-ST near United Cerebral Palsy Association of Nassau County, Inc. Defined Benefit Plan & Trust
  • VS-ST ind #11253

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. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees in the asset neighbourhood

Perishable Food Industry Pension FundPerishable Food Industry Pen…$18MUnited Heritage Credit Union Defined Benefit Plan and TrustUnited Heritage Credit Union…$18MPainters Local No. 109 Pension FundPainters Local No. 109 Pensi…$18MKennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance EmployeesKennametal Inc. and UAW Incl…$18MUnited Cerebral Palsy Association of Nassau County, Inc. Defined Benefit Plan & TrustUnited Cerebral Palsy Associ…$18M
End-of-year total assets ($M) among Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$18M
Net Income$276K
Employer EIN250900168
Plan Effective Date1954-11-27
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. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees vs. nearby Defined Benefit (Pension) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -1012345 Total assets ($B) Participants Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees, Total assets ($B): 0.018103681 · Participants: 0Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance EmployeesThe 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 PlanKennametal Inc. Retirement Income Plan, Total assets ($B): 0.540622439 · Participants: 563Kennametal Inc. Retirement Income Plan
Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees vs. nearby Defined Benefit (Pension) plans in South Carolina, assets vs. participants
Compare Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees side-by-side with 3 peers →

Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees's closest out-of-state Defined Benefit (Pension) peers by assets

Outside South Carolina, the nearest Defined Benefit (Pension) by end-of-year assets is United Cerebral Palsy Association of Nassau County, Inc. Defined Benefit Plan & Trust in NY at $18M (this filing: $18M).

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. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees assets move in 2023? ▼
Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees edged up modestly - up 1.6% during 2023, from $18M to $18M. Reported net income was $276K.
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 Defined Benefit (Pension) plans are similar in size to Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is United Cerebral Palsy Association of Nassau County, Inc. Defined Benefit Plan & Trust in NY ($18M, 147 participants).

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.