2023 Form 5500 filing — Kennametal Thrift Plus Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240726130758NAL0024467504001) for Kennametal Thrift Plus Plan, reported by Kennametal Inc. under EIN 25-0900168 and plan number 002. It reports 4,759 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240726130758NAL0024467504001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Kennametal Inc.
- EIN
- 25-0900168
- Plan number
- 002
- Location
- Ft. Mill, SC
- Participants
- 4,759
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $572,126,765
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $572,126,765
- Employer contributions
- $12,974,625
- Participant contributions
- $20,187,825
- Total income / additions
- $115,655,130
- Benefits paid
- $66,349,996
- Administrative expenses
- $598,830
- Total expenses
- $66,948,826
- Net increase / (decrease)
- $48,706,304
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Inv. Inst. Ops. Co. | RECORDKEEPER | $298,298 | $0 |
| Cook Street Consulting, Inc. | CONSULTANT | $129,106 | not reported in the loaded dataset |
| Strategic Advisors, Inc. | INVESTMENT ADVISOR | $126,690 | not reported in the loaded dataset |
| Baker Tilly Us, Llp | ACCOUNTING | $21,350 | not reported in the loaded dataset |
| Cbiz Retirement Plan Services | CONSULTANT | $17,260 | not reported in the loaded dataset |
| Schneider Downs & Co, Inc. | CONSULTANT | $7,401 | not reported in the loaded dataset |