Employers › Kennametal › plan 016
Recordkeeping fees per participant · Kennametal Savings Plan · plan year 2024
$68.31
Higher than 49% of the 7,477 plans $1 to 10M that report it.
= $8,266 / 121
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250701141511NAL0007058563001, received 2025-07-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250701141511NAL0007058563001, received 2025-07-01
Percentiles compare this plan with the Schedule H plans $1 to 10M 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.
Administrative expenses excluding investment management, per participant
$68.31
Higher than 38% of the 14,713 plans $1 to 10M that report it.
= $8,266 / 121
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250701141511NAL0007058563001, received 2025-07-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250701141511NAL0007058563001, received 2025-07-01
Administrative expenses per participant
$68.31
Higher than 28% of the 15,210 plans $1 to 10M that report it.
= $8,266 / 121
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250701141511NAL0007058563001, received 2025-07-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250701141511NAL0007058563001, received 2025-07-01
Administrative expenses as a share of assets
0.084%
Higher than 12% of the 15,243 plans $1 to 10M that report it.
= $8,266 / $9,834,496
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250701141511NAL0007058563001, received 2025-07-01
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250701141511NAL0007058563001, received 2025-07-01
Employer contributions per participant
$796
Higher than 28% of the 13,342 plans $1 to 10M that report it.
= $96,275 / 121
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250701141511NAL0007058563001, received 2025-07-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250701141511NAL0007058563001, received 2025-07-01
Employer share of total contributions
35.0%
Higher than 72% of the 13,370 plans $1 to 10M that report it.
= $96,275 / $275,032
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250701141511NAL0007058563001, received 2025-07-01
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250701141511NAL0007058563001, received 2025-07-01
99.6% 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.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250701141511NAL0007058563001, received 2025-07-01
| Field | Value | Source |
|---|---|---|
| Plan sponsor | KENNAMETAL INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250701141511NAL0007058563001, received 2025-07-01 |
| Plan name | KENNAMETAL SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250701141511NAL0007058563001, received 2025-07-01 |
| Sponsor EIN / plan number | 25-0900168 / 016 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250701141511NAL0007058563001, received 2025-07-01 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250701141511NAL0007058563001, received 2025-07-01 |
| Sponsor location | FT. MILL, SC | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250701141511NAL0007058563001, received 2025-07-01 |
| Industry (business code) | 339900, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250701141511NAL0007058563001, received 2025-07-01 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250701141511NAL0007058563001, received 2025-07-01 |
| Filing received | 2025-07-01 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250701141511NAL0007058563001, received 2025-07-01 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250701141511NAL0007058563001, received 2025-07-01 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250701141511NAL0007058563001, received 2025-07-01 |
| Participants, beginning of year | 154 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250701141511NAL0007058563001, received 2025-07-01 |
| Active participants | 76 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250701141511NAL0007058563001, received 2025-07-01 |
| Participants, end of year | 142 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250701141511NAL0007058563001, received 2025-07-01 |
| Participants with an account balance | 121 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250701141511NAL0007058563001, received 2025-07-01 |
| Total assets, beginning of year | $10,291,360 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250701141511NAL0007058563001, received 2025-07-01 |
| Total assets, end of year | $9,834,496 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250701141511NAL0007058563001, received 2025-07-01 |
| Net assets, end of year | $9,834,496 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250701141511NAL0007058563001, received 2025-07-01 |
| Total income | $1,231,416 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250701141511NAL0007058563001, received 2025-07-01 |
| Net income | $-456,864 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250701141511NAL0007058563001, received 2025-07-01 |
| Employer contributions | $96,275 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250701141511NAL0007058563001, received 2025-07-01 |
| Participant contributions | $178,266 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250701141511NAL0007058563001, received 2025-07-01 |
| Other contributions (incl. rollovers) | $491 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250701141511NAL0007058563001, received 2025-07-01 |
| Total contributions | $275,032 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250701141511NAL0007058563001, received 2025-07-01 |
| Benefit payments | $1,680,014 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250701141511NAL0007058563001, received 2025-07-01 |
| Total expenses (incl. benefit payments) | $1,688,280 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250701141511NAL0007058563001, received 2025-07-01 |
| Total administrative expenses | $8,266 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250701141511NAL0007058563001, received 2025-07-01 |
| Recordkeeping fees | $8,266 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250701141511NAL0007058563001, received 2025-07-01 |
| Administrative expenses excluding investment management | $8,266 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250701141511NAL0007058563001, received 2025-07-01 |
| Held in master trusts | $9,796,041 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250701141511NAL0007058563001, received 2025-07-01 |
| Independent auditor | BDO USA, P.C. | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250701141511NAL0007058563001, received 2025-07-01 |
Position = column in the DOL layout for form year 2024. Filing 20250701141511NAL0007058563001, received 2025-07-01.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INV. INST. OPS. CO.recordkeeper | RECORDKEEPER | 64 Recordkeeping fees; 37 Participant loan processing; 65 Account maintenance fees | $6,188 | yes |
| CBIZ RETIREMENT PLAN SERVICES | CONSULTING | 16 Consulting (general) | $2,078 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250701141511NAL0007058563001, received 2025-07-01.
KENNAMETAL MASTER TRUST (EIN 043831396, PN 016): plan interest $9,796,041. The trust's own filing was not found in the data.
Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $10,291,360 | $9,834,496 | -4.4% |
| Participants with a balance | 130 | 121 | -6.9% |
| Administrative expenses | $7,119 | $8,266 | 16.1% |
| Recordkeeping fees per participant | $51.01 | $68.31 | 33.9% |
| Employer contributions | $98,947 | $96,275 | -2.7% |
Prior filing 20240726131201NAL0016002769001, received 2024-07-26; the plan years are contiguous.