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: 038
- Total Participants: 0
- Total Assets: $737.7M
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 | $737.7M | $0 | $0 |
| 2023 | 0 | $784.8M | $0 | $0 |
| 2022 | 0 | $825.3M | $0 | $0 |
| 2021 | 0 | $1.3B | $0 | $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 |
|---|---|---|---|---|
| MERCER US INC. | Investment Advisor | $1,060,905 | — | $1,060,905 |
| ALIGHT SOLUTIONS LLC | Recordkeeper | $886,564 | — | $886,564 |
| THE BANK OF NEW YORK MELLON | Custodian / Trustee | $558,169 | — | $558,169 |
| BUCK GLOBAL LLC | Other Service Provider | $159,675 | — | $159,675 |
| BLACKSTONE REAL ESTATE DEBT | Investment Advisor | $106,980 | — | $106,980 |
| BLACKSTONE HOLDINGS I LP | Investment Advisor | $36,413 | — | $36,413 |
| PGIM, INC. | Investment Advisor | $23,576 | — | $23,576 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERCER US INC. — Investment Advisor
- ALIGHT SOLUTIONS LLC — Recordkeeper
- PGIM, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,832,282
- Estimated Expense Ratio: 0.384% 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 | $1,906,252 | $1,141,002 | — | — | — |
| 2023 | $2,570,109 | $1,748,783 | — | — | — |
| 2022 | $3,477,858 | $2,327,256 | — | — | — |
| 2021 | $7,724,163 | $6,040,935 | — | — | — |