Plan Snapshot
- Plan Sponsor: Howmet Aerospace INC.
- Sponsor EIN: 250317820
- Sponsor Address: 201 ISABELLA STREET, SUITE 200, PITTSBURGH, PA, 152125858
- Plan Type: 401(k)
- Plan Number: 003
- Total Participants: 0
- Total Assets: $2.0B
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 | 0 | $2.0B | $0 | $0 |
| 2023 | 0 | $1.8B | $71.6M | $76.9M |
| 2022 | 0 | $1.6B | $63.7M | $67.5M |
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 FINANCIAL ADVISORS LLC | Recordkeeper | $1,669,460 | — | $1,669,460 |
| ALIGHT SOLUTIONS LLC | Recordkeeper | $799,230 | — | $799,230 |
| BANK OF NEW YORK MELLON (ASSET SER) | Other Service Provider | $244,251 | — | $244,251 |
| PRICEWATERHOUSECOOPERS LLC | Auditor | $225,000 | — | $225,000 |
| NEPC, LLC | Recordkeeper | $176,970 | — | $176,970 |
| NEWTON INVESTMENT MGT LTD | Other Service Provider | $130,895 | — | $130,895 |
| MILLER JOHNSON | ERISA Attorney | $28,892 | — | $28,892 |
| BAKER TILLY US, LLP | Auditor | $9,125 | — | $9,125 |
| BLACKROCK | Other Service Provider | $8,832 | — | $8,832 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT FINANCIAL ADVISORS LLC — Recordkeeper
- ALIGHT SOLUTIONS LLC — Recordkeeper
- PRICEWATERHOUSECOOPERS LLC — Auditor
- NEPC, LLC — Recordkeeper
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,292,655
- Estimated Expense Ratio: 0.166% 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 | $3,546,440 | $469,190 | — | $225,000 | — |
| 2023 | $2,923,688 | $334,541 | — | $200,000 | — |
| 2022 | $3,190,224 | $338,966 | — | — | $247,577 |