Plan Snapshot
- Plan Sponsor: Arconic Corporation
- Sponsor EIN: 842745636
- Sponsor Address: 201 ISABELLA STREET, PITTSBURGH, PA, 15212
- Plan Type: DB
- Total Participants: 3,353
- Total Assets: $548.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,353 | $548.8M | $42.2M | $0 |
| 2023 | 3,592 | $565.4M | $20.9M | $0 |
| 2022 | 3,877 | $557.4M | $20.3M | $0 |
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 |
|---|---|---|---|---|
| ALIGHT SOLUTIONS LLC | Recordkeeper | $696,182 | — | $696,182 |
| MERCER INVESTMENTS | Other Service Provider | $438,116 | — | $438,116 |
| BNY MELLON | Other Service Provider | $230,976 | — | $230,976 |
| WILLIS TOWERS WATSON US LLC | Recordkeeper | $63,637 | — | $63,637 |
| GRANT THORNTON | Auditor | $61,500 | — | $61,500 |
| MERCER | Other Service Provider | $8,975 | — | $8,975 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS LLC — Recordkeeper
- WILLIS TOWERS WATSON US LLC — Recordkeeper
- GRANT THORNTON — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,499,386
- Estimated Expense Ratio: 0.273% 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 | $7,970,528 | $439,158 | $710,555 | $61,500 | — |
| 2023 | $7,921,434 | $442,298 | $689,667 | $75,000 | — |
| 2022 | $8,344,198 | — | — | — | $2,371,196 |