Kennametal Thrift Plus Plan — Form 5500 plan (Kennametal Inc.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Kennametal Thrift Plus Plan is a benefit plan reported by Kennametal Inc. under EIN 25-0900168 and plan number 002. The latest loaded filing year is 2023. The filing reports 4,759 participants and $572,126,765 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Kennametal Inc.
- EIN
- 25-0900168
- Plan number
- 002
- Plan type
- 2
- Location
- Ft. Mill, SC
- Latest filing year
- 2023
- Participants
- 4,759
- End-of-year plan assets
- $572,126,765
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 4,759 | H, C | 20240726130758NAL0024467504001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $572,126,765
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $572,126,765
- Net assets (BOY)
- $523,420,461
Income & contributions
- Employer contributions
- $12,974,625
- Participant contributions
- $20,187,825
- Total contributions
- $36,162,046
- Total income / additions
- $115,655,130
Expenses & distributions
- Benefits paid
- $66,349,996
- Administrative expenses
- $598,830
- Total expenses
- $66,948,826
- Net increase / (decrease)
- $48,706,304
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Inv. Inst. Ops. Co. | RECORDKEEPER | $298,298 | $0 | 2023 |
| Cook Street Consulting, Inc. | CONSULTANT | $129,106 | not reported in the loaded dataset | 2023 |
| Strategic Advisors, Inc. | INVESTMENT ADVISOR | $126,690 | not reported in the loaded dataset | 2023 |
| Baker Tilly Us, Llp | ACCOUNTING | $21,350 | not reported in the loaded dataset | 2023 |
| Cbiz Retirement Plan Services | CONSULTANT | $17,260 | not reported in the loaded dataset | 2023 |
| Schneider Downs & Co, Inc. | CONSULTANT | $7,401 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Kennametal Inc.
- 2023 Form 5500 filing
- Form 5500 filings in SC
- 401(k) and benefit plan filings in Ft. Mill, SC
- Fidelity Inv. Inst. Ops. Co. — Schedule C compensation
- Cook Street Consulting, Inc. — Schedule C compensation
- Strategic Advisors, Inc. — Schedule C compensation
- Baker Tilly Us, Llp — Schedule C compensation
- Cbiz Retirement Plan Services — Schedule C compensation
- Schneider Downs & Co, Inc. — Schedule C compensation