401(k) · DOL Form 5500 · 2024
Howmet Aerospace Inc. 401(k) Plan
Data updated 2026-08-06
- $952M
- Total assets
- 10,022
- Participants
- 98th
- Percentile by assets
- $95,030
- Avg per participant
Official DOL plan name: Howmet Aerospace Hourly Retirement Savings Plan · Sponsored by Howmet Aerospace Inc. · Pennsylvania · Manufacturing
$952M in assets, 10,022 participants
Howmet Aerospace Inc.'s Howmet Aerospace Hourly Retirement Savings Plan reported $952M in total assets and 10,022 participants in its 2024 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 116,472 plans)
- #16,408 in Manufacturing (16,886 peers)
Coverage in Pennsylvania
Howmet Aerospace Hourly Retirement Savings Plan covers 10,022 participants in Pennsylvania, 12x the typical Pennsylvania plan (state average ~824 per filing). Assets: $952M.
- $952M
- total plan assets (2024 EOY)
- 10,022
- covered participants
- 98th
- percentile by assets (of 116,472 plans)
- $95,030
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Howmet Aerospace Hourly Retirement Savings Plan end-of-year assets rose from $839M in the plan year 2023 filing to $952M in the plan year 2024 filing.
- Howmet Aerospace Hourly Retirement Savings Plan reported participants rose from 9,000 in the plan year 2023 filing to 10,022 in the plan year 2024 filing.
- Howmet Aerospace Hourly Retirement Savings Plan reported net income rose from $112M in the plan year 2023 filing to $122M in the plan year 2024 filing.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. Howmet Aerospace Hourly Retirement Savings Plan reports 10,022 participants - 12x that state average ($952M EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $839M |
|---|---|
| Net Assets (End of Year) | $952M |
| Net Income | $122M |
| Employer EIN | 250317820 |
| Plan Effective Date | 1986-08-01 |
| Filing Status | FILING 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 401(k) Plans in Pennsylvania
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Howmet Aerospace Hourly Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
- Comcast Corporation Retirement - Investment Plan $19.7B · 90,495
- The Cigna Group 401(k) Plan $14.2B · 63,634
- The Vanguard Retirement and Savings Plan $11.1B · 18,066
- Thermo Fisher Scientific Inc. 401(k) Retirement Plan $10.3B · 36,150
- The PNC Financial Services Group, Inc. Incentive Savings Plan $10.2B · 54,604
Scale composition for Howmet Aerospace Hourly Retirement Savings Plan
Howmet Aerospace Hourly Retirement Savings Plan reports $952M in end-of-year assets across 10,022 participants (0.008% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.011% of 89,805,449 covered participants) - about $95,030 per participant (69% of the national average assets-per-participant) . Net income for plan year 2024 was $122M.
This plan identity (EIN 250317820, plan #008) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $732M to $952M (+30.2%) while covered participants moved from 8,309 to 10,022 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 8,309 | $732M | Open filing |
| 2023 | 9,000 | $839M | Open filing |
| 2024 · index core | 10,022 | $952M | This page |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Howmet Aerospace Salaried Retirement Savings Plan (401(k), $1.1B, 3,308 participants)
- Howmet Aerospace Retirement Plan (Defined Benefit (Pension), $678M, 1,807 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Howmet Aerospace Hourly Retirement Savings Plan by total assets, not by location.
- Deferred Profit-Sharing Plan for Hourly Employees (VA) $951M · 1,766
- Adient US LLC Savings and Investment (401(k)) Plan (MI) $951M · 6,285
- Amedisys Holding, LLC 401(k) Plan (LA) $955M · 18,862
- Genworth Financial Inc. Retirement and Savings Plan (VA) $956M · 2,584
Frequently Asked Questions
How did Howmet Aerospace Hourly Retirement Savings Plan assets move in 2024? ▼
How have Howmet Aerospace Inc. plan assets changed over time? ▼
Where does Howmet Aerospace Hourly Retirement Savings Plan rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on Howmet Aerospace Hourly Retirement Savings Plan's numbers.
- By total assets, Howmet Aerospace Hourly Retirement Savings 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
- Howmet Aerospace Inc.'s sponsor-wide assets have grown 14.4% since 2022 across 3 plan years on file. More Manufacturing plans