Employers › Arconic › plan 002
Recordkeeping fees per participant · Arconic Corp. Hourly 401(k) Plan · plan year 2024
$31.73
Higher than 27% of the 1,697 plans $250M to 1B that report it.
= $207,014 / 6,525
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251001191357NAL0012976769001, received 2025-10-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251001191357NAL0012976769001, received 2025-10-01
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 2025-10-01.
Administrative expenses excluding investment management, per participant
$37.35
Higher than 21% of the 2,324 plans $250M to 1B that report it.
= $243,714 / 6,525
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251001191357NAL0012976769001, received 2025-10-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251001191357NAL0012976769001, received 2025-10-01
Administrative expenses per participant
$144.79
Higher than 80% of the 2,405 plans $250M to 1B that report it.
= $944,769 / 6,525
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251001191357NAL0012976769001, received 2025-10-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251001191357NAL0012976769001, received 2025-10-01
Administrative expenses as a share of assets
0.126%
Higher than 76% of the 2,407 plans $250M to 1B that report it.
= $944,769 / $750,826,642
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251001191357NAL0012976769001, received 2025-10-01
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251001191357NAL0012976769001, received 2025-10-01
Employer contributions per participant
$4,672
Higher than 70% of the 2,457 plans $250M to 1B that report it.
= $30,481,544 / 6,525
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251001191357NAL0012976769001, received 2025-10-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251001191357NAL0012976769001, received 2025-10-01
Employer share of total contributions
45.4%
Higher than 86% of the 2,459 plans $250M to 1B that report it.
= $30,481,544 / $67,162,176
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251001191357NAL0012976769001, received 2025-10-01
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251001191357NAL0012976769001, received 2025-10-01
97.0% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $156,302 ($168.75 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251001191357NAL0012976769001, received 2025-10-01
| Field | Value | Source |
|---|---|---|
| Plan sponsor | ARCONIC CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Plan name | ARCONIC CORP. HOURLY 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Sponsor EIN / plan number | 84-2745636 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Sponsor location | PITTSBURGH, PA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Industry (business code) | 331310, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Filing received | 2025-10-01 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Participants, beginning of year | 7,112 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Active participants | 5,436 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Participants, end of year | 6,548 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Participants with an account balance | 6,525 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Total assets, beginning of year | $678,266,464 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Total assets, end of year | $750,826,642 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Net assets, end of year | $750,826,642 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Total income | $156,167,037 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Net income | $76,934,896 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Employer contributions | $30,481,544 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Participant contributions | $36,063,263 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Other contributions (incl. rollovers) | $617,369 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Total contributions | $67,162,176 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Benefit payments | $78,218,072 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Total expenses (incl. benefit payments) | $79,232,141 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Total administrative expenses | $944,769 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Contract administrator fees | $4,200 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Recordkeeping fees | $207,014 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| IQPA audit fees | $32,500 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Investment advisory and management fees | $701,055 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Administrative expenses excluding investment management | $243,714 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Held in master trusts | $727,955,131 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Held in common/collective trusts | $0 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Held in mutual funds | $0 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251001191357NAL0012976769001, received 2025-10-01 |
| Independent auditor | GRANT THORNTON LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251001191357NAL0012976769001, received 2025-10-01 |
Position = column in the DOL layout for form year 2024. Filing 20251001191357NAL0012976769001, received 2025-10-01.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $634,055 | no |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $213,357 | no |
| CAPFINANCIAL PARTNERS, LLC | INVESTMENT ADVISOR | 27 Investment advisory (plan) | $67,000 | no |
| GRANT THORNTON LLP | ACCOUNTANT/AUDITOR | 10 Accounting (including auditing) | $32,500 | 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 20251001191357NAL0012976769001, received 2025-10-01.
ARCONIC CORP. 401(K) PLANS MT (EIN 842745636, PN 102): plan interest $727,955,131, 48.9% of the trust. The trust's own filing (20251001123631NAL0013215265001, received 2025-10-01) reports net assets $1,487,595,425, administrative expenses $319,407, recordkeeping fees $0, investment management fees $104,188 and 4 Schedule C providers.
| Provider (trust level) | Service codes | Paid by the trust | Allocated to this plan |
|---|---|---|---|
| TRANSAMERICA LIFE INSURANCE COMPANY | 67 | $28,516 | $13,954 |
| METROPOLITAN TOWER LIFE INSURANCE | 67 | $25,699 | $12,576 |
| LINCOLN FINANCIAL GROUP | 67 | $2,261 | $1,106 |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | 60 | $0 | $0 |
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 | $678,266,464 | $750,826,642 | 10.7% |
| Participants with a balance | 7,005 | 6,525 | -6.9% |
| Administrative expenses | $967,195 | $944,769 | -2.3% |
| Recordkeeping fees per participant | $35.39 | $31.73 | -10.4% |
| Employer contributions | $29,690,552 | $30,481,544 | 2.7% |
Prior filing 20241014143900NAL0046393936001, received 2024-10-14; the plan years are contiguous.