Assets by plan
Share of aggregate retirement assets
Sponsor portfolioTH
HOWMET AEROSPACE INC.
EIN 25-0317820aviation & aerospaceLatest filing 2024
Plans
8
Retirement
3
$2.71B assets
Welfare
5
$32.7M premiums
Participants
47,673
201 ISABELLA STREET, SUITE 200 - PITTSBURGH, PA 152125872412-553-4545howmet.comLinkedIn10001+ employeesaviation & aerospace
Retirement portfolio analytics
3 plans aggregated / $2.71B assets / 29,872 participantsParticipants by plan
Active + retired + deferred vested
Benefits portfolio analytics
5 plans / $32.7M premiums / 23,079 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Health$18.8M
- Life$9.3M
- Other$9.1M
- Short-term disability$4.3M
- Long-term disability$4.3M
- Prescription drug$448K
Carrier market share
Premium dollars by Schedule A carrier
56%top
- KAISER FOUNDATION HEALTH PLAN INC56%
- METROPOLITAN LIFE INSURANCE COMPANY29%
- HARTFORD LIFE AND ACCIDENT13%
- MEDICAL MUTUAL1%
- CIGNA HEALTH AND LIFE INSURANCE COMPANY1%
- +1 more
Broker market share
Schedule A broker compensation
75%top
- AMERICAN BENEFITS AND COMPENSATION75%
- AON CONSULTING INC25%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#007
HOWMET AEROSPACE SALARIED RETIREMENT SAVINGS PLAN
ESOP
Assets$1.08B
Participants5,021
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#008
HOWMET AEROSPACE HOURLY RETIREMENT SAVINGS PLAN
ESOP
Assets$952.4M
Participants12,334
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#001
HOWMET AEROSPACE RETIREMENT PLAN
TraditionalDB
Assets$678.4M
Participants12,517
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#504
HOWMET AEROSPACE GROUP BENEFITS PLAN I
Mixed - KAISER FOUNDATION HEALTH PLAN, INC. (CALIFORNIA)
Premiums$31.8M
Covered lives21,554
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#526
HOWMET AEROSPACE RETIREE GROUP BENEFITS PLAN II
Mixed - MEDICAL MUTUAL
Premiums$891K
Covered lives1,525
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#501
HOWMET AEROSPACE UNION EMPLOYEES SUPPLEMENTAL UNEMPLOYMENT BENEFITS PLAN
Unknown
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#522
INVOLUNTARY SEPARATION PLAN
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#528
HOWMET AEROSPACE MEDICARE PART B REIMBURSEMENT PLAN FOR CERTAIN ELIGIBLE RETIREES
Unknown
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans3
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 007 | HOWMET AEROSPACE SALARIED RETIREMENT SAVINGS PLAN | ESOP | $1.08B | 5,021 | 2024 | |
| 008 | HOWMET AEROSPACE HOURLY RETIREMENT SAVINGS PLAN | ESOP | $952.4M | 12,334 | 2024 | |
| 001 | HOWMET AEROSPACE RETIREMENT PLAN | TraditionalDB | $678.4M | 12,517 | 2024 |
Welfare plans5
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 504 | HOWMET AEROSPACE GROUP BENEFITS PLAN I | Mixed | KAISER FOUNDATION HEALTH PLAN, INC. (CALIFORNIA) | $31.8M | 21,554 | 2024 | |
| 526 | HOWMET AEROSPACE RETIREE GROUP BENEFITS PLAN II | Mixed | MEDICAL MUTUAL | $891K | 1,525 | 2024 | |
| 501 | HOWMET AEROSPACE UNION EMPLOYEES SUPPLEMENTAL UNEMPLOYMENT BENEFITS PLAN | Unknown | - | $0 | 0 | 2024 | |
| 522 | INVOLUNTARY SEPARATION PLAN | Self Funded | - | $0 | 0 | 2024 | |
| 528 | HOWMET AEROSPACE MEDICARE PART B REIMBURSEMENT PLAN FOR CERTAIN ELIGIBLE RETIREES | Unknown | - | $0 | 0 | 2024 |
Retirement plans
Welfare plans