Assets by plan
Share of aggregate retirement assets
Sponsor portfolioTH
KENNAMETAL INC.
EIN 25-0900168ManufacturingLatest filing 2024
Plans
6
Retirement
4
$1.13B assets
Welfare
2
$38.3M premiums
Participants
12,861
1061 RED VENTURES DRIVE, SUITE 175 - FT. MILL, SC 29707866-783-4688
Retirement portfolio analytics
4 plans aggregated / $1.13B assets / 9,825 participantsParticipants by plan
Active + retired + deferred vested
Benefits portfolio analytics
2 plans / $38.3M premiums / 9,020 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Health$34.0M
- Prescription drug$14.9M
- Dental$12.5M
- Vision$9.7M
- Other$2.1M
- Life$1.9M
- +1 more
Carrier market share
Premium dollars by Schedule A carrier
35%top
- BLUE CROSS OF CALIFORNIA35%
- UNITEDHEALTHCARE INSURANCE COMPANY23%
- UPMC HEALTH OPTIONS11%
- CIGNA HEALTH AND LIFE INSURANCE COMPANY8%
- METROPOLITAN LIFE INSURANCE COMPANY6%
- +3 more
Broker market share
Schedule A broker compensation
96%top
- AON CONSULTING INC96%
- JENNIFER N BUCK2%
- HEWITT INSURANCE BROKERAGE LLC2%
- JENNIFER BUCK0%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#002
KENNAMETAL THRIFT PLUS PLAN
ESOP
Assets$594.5M
Participants4,429
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#001
KENNAMETAL INC. RETIREMENT INCOME PLAN
TraditionalDB
Assets$511.4M
Participants5,001
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#005
KENNAMETAL INC. AND UAW INCL. LOC 1059 PENSION PLAN FOR HOURLY RATED PRODUCTION & MAINTENANCE EMPLOYEES
TraditionalDB
Assets$17.2M
Participants253
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#016
KENNAMETAL SAVINGS PLAN
401k
Assets$9.8M
Participants142
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501
KENNAMETAL WELFARE BENEFIT PLAN
Fully Insured - HIGHMARK INC.
Premiums$38.3M
Covered lives9,020
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#502
KENNAMETAL INC. HEALTH REIMBURSEMENT ARRANGEMENT
Unknown
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans4
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 002 | KENNAMETAL THRIFT PLUS PLAN | ESOP | $594.5M | 4,429 | 2024 | |
| 001 | KENNAMETAL INC. RETIREMENT INCOME PLAN | TraditionalDB | $511.4M | 5,001 | 2024 | |
| 005 | KENNAMETAL INC. AND UAW INCL. LOC 1059 PENSION PLAN FOR HOURLY RATED PRODUCTION & MAINTENANCE EMPLOYEES | TraditionalDB | $17.2M | 253 | 2024 | |
| 016 | KENNAMETAL SAVINGS PLAN | 401k | $9.8M | 142 | 2024 |
Welfare plans2
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 501 | KENNAMETAL WELFARE BENEFIT PLAN | Fully Insured | HIGHMARK INC. | $38.3M | 9,020 | 2024 | |
| 502 | KENNAMETAL INC. HEALTH REIMBURSEMENT ARRANGEMENT | Unknown | - | $0 | 0 | 2024 |
Retirement plans
Welfare plans