Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

HOWMET AEROSPACE HOURLY RETIREMENT SAVINGS PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

HOWMET AEROSPACE INC.

This Profit Sharing plan holds $952M in total assets and serves 10,022 participants as of 2024. It is sponsored by HOWMET AEROSPACE INC. in Pennsylvania. The plan reported positive net income of $122M for the year.

Total Assets (2023)
$952M
Participants
10,022
State
Industry
Manufacturing

What the Filing Says About HOWMET AEROSPACE HOURLY RETIREMENT SAVINGS PLAN

HOWMET AEROSPACE HOURLY RETIREMENT SAVINGS PLAN is a Profit Sharing retirement plan sponsored by HOWMET AEROSPACE INC., headquartered in Pennsylvania. As of the 2024 Form 5500 filing, the plan reports $952M in total end-of-year assets and covers 10,022 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 250317820, and the plan has been effective since 1986-08-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $839M at the beginning of 2024 to $952M at year-end — a gain of 13.5%. Net assets (after liabilities) closed the year at $952M, with reported net income of $122M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$839M
Total Assets (End of Year)$952M
Net Assets (End of Year)$952M
Net Income$122M
Plan TypeProfit Sharing
Employer EIN250317820
Plan Effective Date1986-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (HOWMET AEROSPACE INC.)

Year Plans Participants Total Assets
2022 4 15,839 $2.4B
2023 4 15,860 $2.5B
2024 4 17,052 $2.7B

Nearby Profit Sharing Plans in Pennsylvania

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the HOWMET AEROSPACE HOURLY RETIREMENT SAVINGS PLAN?
As of the 2024 Form 5500 filing, HOWMET AEROSPACE HOURLY RETIREMENT SAVINGS PLAN holds $952M in total assets with 10,022 participants. It is sponsored by HOWMET AEROSPACE INC..
What type of plan is HOWMET AEROSPACE HOURLY RETIREMENT SAVINGS PLAN?
HOWMET AEROSPACE HOURLY RETIREMENT SAVINGS PLAN is a Profit Sharing plan. It has been effective since 1986-08-01. The plan is filed with the U.S. Department of Labor under EIN 250317820.
Who sponsors the HOWMET AEROSPACE HOURLY RETIREMENT SAVINGS PLAN?
HOWMET AEROSPACE HOURLY RETIREMENT SAVINGS PLAN is sponsored by HOWMET AEROSPACE INC., located in Pennsylvania. The sponsor's EIN is 250317820 and the plan operates in the Manufacturing industry.
How did HOWMET AEROSPACE HOURLY RETIREMENT SAVINGS PLAN perform in 2024?
HOWMET AEROSPACE HOURLY RETIREMENT SAVINGS PLAN grew by 13.5% during 2024, moving from $839M to $952M in total assets. Net income was $122M.
Where can I find official filings for HOWMET AEROSPACE HOURLY RETIREMENT SAVINGS PLAN?
Official Form 5500 filings for HOWMET AEROSPACE HOURLY RETIREMENT SAVINGS PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 250317820 or plan name at efast.dol.gov.
How does HOWMET AEROSPACE HOURLY RETIREMENT SAVINGS PLAN compare to other plans?
You can compare HOWMET AEROSPACE HOURLY RETIREMENT SAVINGS PLAN against other Profit Sharing plans on the plan type page, or view plans in Pennsylvania on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 250317820.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.