401(k) · DOL Form 5500 · 2024
Kennametal Inc. 401(k) Plan
Data updated 2026-08-25
- $595M
- Total assets Above avg plan size
- 2,621
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $226,831
- Avg per participant Above avg balance/head
Official DOL plan name: Kennametal Thrift Plus Plan · Sponsored by Kennametal Inc. · South Carolina · Manufacturing
$595M in assets, 2,621 participants
Kennametal Inc.'s Kennametal Thrift Plus Plan reported $595M in total assets and 2,621 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.
- #17,087 in Manufacturing (17,777 peers)
Coverage in South Carolina
Kennametal Thrift Plus Plan covers 2,621 participants in South Carolina, 7.1x the typical South Carolina plan (state average ~369 per filing). Assets: $595M.
- #17,087
- in Manufacturing (17,777 peers)
- +3.9%
- assets growth YoY
- 6.0×
- vs typical plan assets (national mean)
Kennametal Thrift Plus Plan's outsized position by total assets
Kennametal Thrift Plus Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$594,525,014 Top 2% higher than 98% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Kennametal Thrift Plus Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Kennametal Thrift Plus Plan lands in the large band (2,621 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Kennametal Thrift Plus Plan reported net income fell from $49M in the plan year 2023 filing to $22M in the plan year 2024 filing.
- Kennametal Thrift Plus Plan reported participants fell from 2,781 in the plan year 2023 filing to 2,621 in the plan year 2024 filing.
- Kennametal Thrift Plus Plan end-of-year assets rose from $572M in the plan year 2023 filing to $595M in the plan year 2024 filing.
DOL schedule card
Filing strip 250900168 · Kennametal Inc. PY 2024 · 401(k)
Kennametal Thrift Plus Plan · $595M · 2,621 · 98th
- EIN $595M
- EIN 2,621
- EIN 98th
- EIN 401(k)
- EIN near Quarles & Brady LLP Retirement Plan
- EIN ind #17087
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 Thrift Plus Plan in the asset neighbourhood
South Carolina filing particulars
| Total Assets (Beginning of Year) | $572M |
|---|---|
| Net Assets (End of Year) | $595M |
| Net Income | $22M |
| Employer EIN | 250900168 |
| Plan Effective Date | 1977-01-01 |
| Filing Status | FILING 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
| 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.
- Michelin 401(k) Savings Plan $4.5B · 15,095
- The Savannah River Nuclear Solutions, LLC Defined Contribution Plan $2.8B · 9,296
- Sonoco Retirement & Savings Plan $1.7B · 11,813
- Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan $1.5B · 11,878
- The Milliken Retirement Plan $1.4B · 5,733
Kennametal Thrift Plus Plan's out-of-state 401(k) peers by assets and headcount
Outside South Carolina, the nearest 401(k) by assets is Quarles & Brady LLP Retirement Plan in WI ($594M); by covered participants it is Roehl Transport, Inc. 401(k) Profit Sharing Plan in WI (2,622 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($595M here).
- Quarles & Brady LLP Retirement Plan (WI) $594M · 1,027
- Axalta Coating Systems, LLC Retirement Savings Plan (PA) $594M · 3,102
- Bentley Systems, Incorporated Profit Sharing/401(k) Plan (PA) $595M · 1,582
- Albert Einstein College of Medicine 403(b) Retirement Income Plan (NY) $594M · 2,020
Similar participant headcount
Nearest other-state filings by covered participants (2,621 participants); asset peers above are excluded.
- Roehl Transport, Inc. 401(k) Profit Sharing Plan (WI) 2,622 · 1 off
- Monarch Landscape Companies 401(k) Plan (CA) 2,620 · 1 off
- Interfor U.S. 401(k) Plan () 2,620 · 1 off
- Vitalmd 401(k) Plan (FL) 2,622 · 1 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.