401k Record

Employers › Kennametal

Kennametal 401(k)

Recordkeeping fees per participant · largest plan, Kennametal Thrift Plus Plan · plan year 2024

$57.14

Higher than 61% of the 1,697 plans $250M to 1B that report it.

Source

= $252,143 / 4,413
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250701141724NAL0017813088001, received 2025-07-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250701141724NAL0017813088001, received 2025-07-01

10th: $11.56median $49.9890th: $89.63

Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-07-01.

Largest plan, all six figures: Kennametal Thrift Plus Plan

Recordkeeping fees per participantheadline

$57.14

10th: $11.56median $49.9890th: $89.63

Higher than 61% of the 1,697 plans $250M to 1B that report it.

Source

= $252,143 / 4,413
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250701141724NAL0017813088001, received 2025-07-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250701141724NAL0017813088001, received 2025-07-01

Administrative expenses excluding investment management, per participant

$100.61

10th: $18.52median $67.2190th: $147.71

Higher than 76% of the 2,324 plans $250M to 1B that report it.

Source

= $443,994 / 4,413
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250701141724NAL0017813088001, received 2025-07-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250701141724NAL0017813088001, received 2025-07-01

Administrative expenses per participant

$135.24

10th: $27.95median $88.2590th: $203.68

Higher than 77% of the 2,405 plans $250M to 1B that report it.

Source

= $596,812 / 4,413
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250701141724NAL0017813088001, received 2025-07-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250701141724NAL0017813088001, received 2025-07-01

Administrative expenses as a share of assets

0.100%

10th: 0.018%median 0.073%90th: 0.183%

Higher than 66% of the 2,407 plans $250M to 1B that report it.

Source

= $596,812 / $594,525,014
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250701141724NAL0017813088001, received 2025-07-01
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250701141724NAL0017813088001, received 2025-07-01

Employer contributions per participant

$2,874

10th: $1,169median $3,07390th: $8,346

Higher than 46% of the 2,457 plans $250M to 1B that report it.

Source

= $12,684,858 / 4,413
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250701141724NAL0017813088001, received 2025-07-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250701141724NAL0017813088001, received 2025-07-01

Employer share of total contributions

35.3%

10th: 17.5%median 31.1%90th: 48.7%

Higher than 64% of the 2,459 plans $250M to 1B that report it.

Source

= $12,684,858 / $35,899,141
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250701141724NAL0017813088001, received 2025-07-01
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250701141724NAL0017813088001, received 2025-07-01

98.5% of this plan's assets are held in a master trust. The trust's own filing was not found in the data, so its costs cannot be shown. Benchmarks and percentiles use the plan's own Schedule H only.

Plan terms, as stated in Kennametal Inc.'s SEC filings

Employer match

“Under the Thrift, eligible employees receive a full match of their contributions up to 6 percent of eligible compensation.”

Form 10-K filed 2026-08-12, for the year ended 2026-06-30 · benefits note, 10-K benefits note · source document

Eligibility

“Participants who are age 50 or older and who have met or will meet the annual Internal Revenue Service (IRS) limit under the law or the Plan are eligible to make catch-up contributions.”

Form 11-K filed 2026-06-26, for the year ended 2025-12-31 · plan description note, general (fallback) · source document

Vesting

“Employee contributions and our matching and discretionary contributions vest immediately as of the participants' employment dates.”

Form 10-K filed 2026-08-12, for the year ended 2026-06-30 · benefits note, 10-K benefits note · source document

Automatic enrollment

“The Plan includes an auto-enrollment provision whereby all newly eligible employees are automatically enrolled in the Plan unless they affirmatively elect to not participate in the Plan.”

Form 11-K filed 2026-06-26, for the year ended 2025-12-31 · plan description note, general · source document

Terms quoted from the filing for the year ended 2025-12-31 and 2026-06-30. Figures cover plan year 2024. The plan document governs.

Plans sponsored

PlanAssetsParticipants with a balanceHeadlineYear
Kennametal Thrift Plus Plan$594,525,0144,413 $57.14 recordkeeping fees per participant2024
Kennametal Savings Plan$9,834,496121 $68.31 recordkeeping fees per participant2024

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Sponsor name as filed: KENNAMETAL INC.; SEC registrant: KENNAMETAL INC (CIK 55242, matched by EIN; display name from the Form 11-K cover).