Defined Benefit (Pension) · DOL Form 5500 · 2024

Howmet Aerospace Inc. Pension Plan

Data updated 2026-08-06

$678M
Total assets: 1,807
Participants: 98th
Percentile by assets: $375,423
Avg per participant

Official DOL plan name: Howmet Aerospace Retirement Plan · Sponsored by Howmet Aerospace Inc. · Pennsylvania · Manufacturing

$678M in assets, 1,807 participants

Howmet Aerospace Inc.'s Howmet Aerospace Retirement Plan reported $678M in total assets and 1,807 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)

Coverage in Pennsylvania

Howmet Aerospace Retirement Plan covers 1,807 participants in Pennsylvania, 2.2x the typical Pennsylvania plan (state average ~824 per filing). Assets: $678M.

$678M
total plan assets (2024 EOY): 1,807
covered participants: 98th
percentile by assets (of 116,472 plans): $375,423
avg assets per participant

The plan reported a net loss of $40M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Howmet Aerospace Retirement Plan reported participants fell from 1,929 in the plan year 2023 filing to 1,807 in the plan year 2024 filing.
Howmet Aerospace Retirement Plan end-of-year assets rose from $641M in the plan year 2023 filing to $678M in the plan year 2024 filing.
Howmet Aerospace Retirement Plan reported net income rose from -$40M in the plan year 2023 filing to -$40M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Pennsylvania

Industry

Manufacturing

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. Howmet Aerospace Retirement Plan reports 1,807 participants - 2.2x that state average ($678M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)	$641M
Net Assets (End of Year)	$678M
Net Income	-$40M
Employer EIN	250317820
Plan Effective Date	1944-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Howmet Aerospace Inc.)

Total plan assets by year, all Howmet Aerospace Inc. plans on file

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

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Howmet Aerospace Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Steelworkers Pension Trust $7.2B · 46,110
The PNC Financial Services Group, Inc. Pension Plan $5.5B · 58,779
The Bank of New York Mellon Corporation Pension Plan $5.2B · 6,387
Constellation Retirement Program $5.0B · 4,809
Eastern Atlantic States Carpenters Pension Fund $5.0B · 12,421

Compare Howmet Aerospace Retirement Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Howmet Aerospace Retirement Plan by total assets, not by location.

Minneapolis Retail Meat Cutters and Food Handlers Pension Fund (MN) $679M · 1,500
Group Retirement Income Plan No. 8 (IL) $680M · 1,802
Assurant Pension Plan (GA) $676M · 3,426
Johnson & Johnson Retirement Plan for Puerto Rico Employees (NJ) $682M · 3,876

Frequently Asked Questions

How did Howmet Aerospace Retirement Plan assets move in 2024? ▼

Howmet Aerospace Retirement Plan grew at a solid clip - up 5.8% during 2024, from $641M to $678M. Reported net income was -$40M.

How have Howmet Aerospace Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Howmet Aerospace Inc.'s sponsor-wide assets grew 14.4%, from $2.4B to $2.7B.

Where does Howmet Aerospace Retirement Plan rank by assets among Form 5500 filers? ▼

Howmet Aerospace Retirement Plan ranks in the 98th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Howmet Aerospace Retirement Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Minneapolis Retail Meat Cutters and Food Handlers Pension Fund in MN ($679M, 1,500 participants).

Next read for Howmet Aerospace Retirement Plan

Filing takeaways

Ways to act on Howmet Aerospace Retirement Plan's numbers.

By total assets, Howmet Aerospace Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) 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

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.

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.