401(k) · DOL Form 5500 · 2024

Kennametal Inc. 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
78
Participants Small participant base
55th
Percentile by assets National rank
$126,083
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Kennametal Savings Plan · Sponsored by Kennametal Inc. · South Carolina · Manufacturing

$10M in assets, 78 participants

Kennametal Inc.'s Kennametal Savings Plan reported $10M in total assets and 78 participants in its 2024 DOL Form 5500 filing, ranking in the 55th 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.

  • #7,306 in Manufacturing (17,777 peers)

What the 2024 filing shows

Kennametal Savings Plan holds $10M for 78 participants - about $126,083 per participant, above the median plan by assets.

#7,306
in Manufacturing (17,777 peers)
-4.4%
assets change YoY

The plan reported a net loss of $457K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Kennametal Savings Plan's mid-pack asset rank among Manufacturing and all filers

Kennametal Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$9,834,496 Top 45% higher than 55% of 123,620 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 2024

Kennametal Savings Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Kennametal Savings Plan is a small filing (78 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Kennametal Savings Plan reported net income fell from -$150K in the plan year 2023 filing to -$457K in the plan year 2024 filing.
  • Kennametal Savings Plan reported participants rose from 72 in the plan year 2023 filing to 78 in the plan year 2024 filing.
  • Kennametal Savings Plan end-of-year assets fell from $10M in the plan year 2023 filing to $10M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 250900168 · Kennametal Inc. PY 2024 · 401(k)

Kennametal Savings Plan · $10M · 78 · 55th

  • 5500 $10M
  • ASSETS 78
  • PCT 55th
  • EIN 401(k)
  • RANK near Xpressdocs Partners, Limited 401(k) Plan
  • PHOTO ind #7306

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 Savings Plan in the asset neighbourhood

Ns Pharma, Inc. 401(k) Plan$10MKennametal Savings Plan$10MXpressdocs Partners, Limited 401(k) PlanXpressdocs Partners, Limited…$10MLaurel Motors Holding Co. 401(k) Profit Sharing PlanLaurel Motors Holding Co. 40…$10MJmk Holdings 401(k) Retirement Savings PlanJmk Holdings 401(k) Retireme…$10M
End-of-year total assets ($M) among Kennametal Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$10M
Net Income-$457K
Employer EIN250900168
Plan Effective Date1999-10-01
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 401(k) Plans in South Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Kennametal Savings Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -1012345 Total assets ($B) Participants Kennametal Savings Plan, Total assets ($B): 0.009834496 · Participants: 78Kennametal Savings PlanMichelin 401(k) Savings Plan, Total assets ($B): 4.477517422 · Participants: 15095Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.829914985 · Participants: 9296The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.663698617 · Participants: 11813Sonoco Retirement & Savings PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.460862801 · Participants: 11878Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction PlanThe Milliken Retirement Plan, Total assets ($B): 1.350798497 · Participants: 5733The Milliken Retirement Plan
Kennametal Savings Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

Kennametal Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside South Carolina, the nearest 401(k) by assets is Xpressdocs Partners, Limited 401(k) Plan in TX ($10M); by covered participants it is Altro USA, Inc. Retirement Plan in MA (78 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (78 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Kennametal Savings Plan assets move in 2024?
Kennametal Savings Plan edged down modestly - down 4.4% during 2024, from $10M to $10M. Reported net income was -$457K.
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 401(k) plans are similar in size to Kennametal Savings Plan?
Among 401(k) plans in other states, the closest by assets is Xpressdocs Partners, Limited 401(k) Plan in TX ($10M, 234 participants).
Which 401(k) plans cover a similar participant headcount to Kennametal Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Altro USA, Inc. Retirement Plan in MA (78 participants, $12M in assets).