Defined Benefit (Pension) · DOL Form 5500 · 2024
Kennametal Inc. Pension Plan
Data updated 2026-08-25
- $17M
- Total assets Small plan by assets
- N/A
- Participants Small participant base
- 67th
- Percentile by assets National rank
Official DOL plan name: Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees · Sponsored by Kennametal Inc. · South Carolina · Manufacturing
$17M in assets, N/A participants
Kennametal Inc.'s Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees reported $17M in total assets and N/A participants in its 2024 DOL Form 5500 filing, ranking in the 67th 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.
- #9,950 in Manufacturing (17,777 peers)
What the 2024 filing shows
Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees holds $17M for N/A participants, above the median plan by assets.
- #9,950
- in Manufacturing (17,777 peers)
- -4.8%
- assets change YoY
The plan reported a net loss of $864K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees's outsized position by total assets
Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$17,233,413 Top 33% higher than 67% 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
Filed plans by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees reported net income fell from $276K in the plan year 2023 filing to -$864K in the plan year 2024 filing.
- Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees end-of-year assets fell from $18M in the plan year 2023 filing to $17M in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 250900168 · Kennametal Inc. PY 2024 · Defined Benefit (Pension)
Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees · $17M · N/A · 67th
- EBSA $17M
- EBSA N/A
- EBSA 67th
- EBSA Defined Benefit (Pension)
- EBSA near Brown-Forman Corporation Pension Plan for Hourly Employees
- EBSA ind #9950
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 Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees in the asset neighbourhood
Filing particulars (2024)
| Total Assets (Beginning of Year) | $18M |
|---|---|
| Net Assets (End of Year) | $17M |
| Net Income | -$864K |
| Employer EIN | 250900168 |
| Plan Effective Date | 1954-11-27 |
| 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 Defined Benefit (Pension) Plans in South Carolina
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- The Savannah River Nuclear Solutions, LLC Multiple Employer Pension Plan $3.7B · 1,749
- Non-Contributory Retirement Program for Certain Empl of Bcbssc $1.2B · 4,087
- Waterfront Employers - Ila Pension Plan $520M · 1,343
- Kennametal Inc. Retirement Income Plan $511M · 495
- Legacy Ghs/Tuomey Pension Plan $428M · 2,307
Kennametal Inc. and UAW Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees's closest out-of-state Defined Benefit (Pension) peers by assets
Outside South Carolina, the nearest Defined Benefit (Pension) by end-of-year assets is Brown-Forman Corporation Pension Plan for Hourly Employees in KY at $17M (this filing: $17M).
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($17M here).
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.