Defined Benefit (Pension) · DOL Form 5500 · 2024

Kennametal Inc. Pension Plan

Data updated 2026-08-25

$511M
Total assets Above avg plan size
495
Participants Below avg headcount
97th
Percentile by assets National rank
$1.0M
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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

$511M in assets, 495 participants

Kennametal Inc.'s Kennametal Inc. Retirement Income Plan reported $511M in total assets and 495 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • #17,002 in Manufacturing (17,777 peers)

Where Kennametal Inc. Retirement Income Plan sits by assets

Kennametal Inc. Retirement Income Plan sits in the top 5% of all filed plans by assets, $511M for 495 participants (~$1.0M/participant), down 5.4% in 2024.

#17,002
in Manufacturing (17,777 peers)
-5.4%
assets change YoY
5.1×
vs typical plan assets (national mean)

The plan reported a net loss of $29M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Kennametal Inc. Retirement Income Plan's outsized position by total assets

Kennametal Inc. Retirement Income Plan vs every filed plan by assets

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

$511,422,800 Top 3% higher than 97% 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 Inc. Retirement Income Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Kennametal Inc. Retirement Income Plan sits mid-pack in the medium band (495 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Kennametal Inc. Retirement Income Plan reported net income fell from $6M in the plan year 2023 filing to -$29M in the plan year 2024 filing.
  • Kennametal Inc. Retirement Income Plan reported participants fell from 563 in the plan year 2023 filing to 495 in the plan year 2024 filing.
  • Kennametal Inc. Retirement Income Plan end-of-year assets fell from $541M in the plan year 2023 filing to $511M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 250900168 · Kennametal Inc. PY 2024 · Defined Benefit (Pension)

Kennametal Inc. Retirement Income Plan · $511M · 495 · 97th

  • EBSA $511M
  • PART 495
  • TYPE 97th
  • NET Defined Benefit (Pension)
  • BOOK near The Consol Energy Inc. Employee Retirement Plan
  • VS-ST ind #17002

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. Retirement Income Plan in the asset neighbourhood

Conagra Brands, Inc. Pension Plan for Hourly Rate Production EmployeesConagra Brands, Inc. Pension…$512MThe Consol Energy Inc. Employee Retirement PlanThe Consol Energy Inc. Emplo…$511MKennametal Inc. Retirement Income PlanKennametal Inc. Retirement I…$511MThe Boston Consulting Group, Inc. U.S. Officers Retirement PlanThe Boston Consulting Group,…$511MSparrow Health System Associate Pension Plan A2Sparrow Health System Associ…$511M
End-of-year total assets ($M) among Kennametal Inc. Retirement Income Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$541M
Net Assets (End of Year)$511M
Net Income-$29M
Employer EIN250900168
Plan Effective Date1954-06-24
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 Defined Benefit (Pension) Plans in South Carolina

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

Kennametal Inc. Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. 010002000300040005000 -101234 Total assets ($B) Participants Kennametal Inc. Retirement Income Plan, Total assets ($B): 0.5114228 · Participants: 495Kennametal Inc. Retirement Income PlanThe Savannah River Nuclear Solutions, LLC Multiple Employer Pension Plan, Total assets ($B): 3.70590327 · Participants: 1749The Savannah River Nuclear Solutions, LLC Multiple Employer Pension PlanNon-Contributory Retirement Program for Certain Empl of Bcbssc, Total assets ($B): 1.201294121 · Participants: 4087Non-Contributory Retirement Program for Certain Empl of BcbsscWaterfront Employers - Ila Pension Plan, Total assets ($B): 0.520480152 · Participants: 1343Waterfront Employers - Ila Pension PlanLegacy Ghs/Tuomey Pension Plan, Total assets ($B): 0.42826809 · Participants: 2307Legacy Ghs/Tuomey Pension PlanNelson Mullins Riley & Scarborough LLP Cash Balance Retirement Plan, Total assets ($B): 0.151682406 · Participants: 257Nelson Mullins Riley & Scarborough LLP Cash Balance Retirement Plan
Kennametal Inc. Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in South Carolina, assets vs. participants

Kennametal Inc. Retirement Income Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside South Carolina, the nearest Defined Benefit (Pension) by assets is The Consol Energy Inc. Employee Retirement Plan in PA ($511M); by covered participants it is Plumbers & Pipefitters Local 172 Pension Fund in IL (495 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (495 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 Inc. Retirement Income Plan assets move in 2024?
Kennametal Inc. Retirement Income Plan pulled back noticeably - down 5.4% during 2024, from $541M to $511M. Reported net income was -$29M.
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.
Where does Kennametal Inc. Retirement Income Plan rank by assets among Form 5500 filers?
Kennametal Inc. Retirement Income Plan ranks in the 97th percentile by end-of-year assets among 123,622 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 Kennametal Inc. Retirement Income Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Consol Energy Inc. Employee Retirement Plan in PA ($511M, 911 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Kennametal Inc. Retirement Income Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Plumbers & Pipefitters Local 172 Pension Fund in IL (495 participants, $156M in assets).