Plan Snapshot
- Plan Sponsor: Arconic Corporation
- Sponsor EIN: 842745636
- Sponsor Address: 201 ISABELLA STREET, PITTSBURGH, PA, 15212
- Plan Type: 401(k)
- Total Participants: 5,436
- Total Assets: $750.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 5,436 | $750.8M | $30.5M | $36.1M |
| 2023 | 5,965 | $678.3M | $29.7M | $34.7M |
| 2022 | 6,136 | $592.8M | $27.1M | $33.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| GRANT THORNTON LLP | Auditor | $32,500 | — | $32,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRANT THORNTON LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $32,500
- Estimated Expense Ratio: 0.004% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $944,769 | $701,055 | $4,200 | $32,500 | — |
| 2023 | $967,195 | $611,537 | $2,700 | $103,576 | — |
| 2022 | $1,055,343 | $542,206 | — | — | — |