Arconic Corp. Hourly 401(K) Plan — Form 5500 plan (Arconic Corporation)
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, Arconic Corp. Hourly 401(K) Plan is a benefit plan reported by Arconic Corporation under EIN 84-2745636 and plan number 002. The latest loaded filing year is 2023. The filing reports 7,882 participants and $678,266,464 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$678.3MPlan net assets, end of year$678,266,464
Participants7.9KCovered participants reported7,882
Assets / participant$86.1KComputed: assets ÷ participants$86,053 (computed)
Provider compensation$967.3K4 Schedule C provider row(s)$967,300
- Plan sponsor
- Arconic Corporation
- EIN
- 84-2745636
- Plan number
- 002
- Plan type
- 2
- Location
- Pittsburgh, PA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 7,882 | H, C | 20241014143900NAL0046393936001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$678.3M total assets
Net assets$678.3MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $678,266,464
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $678,266,464
- Net assets (BOY)
- $592,830,292
Income & contributions
- Employer contributions
- $29,690,552
- Participant contributions
- $34,660,751
- Total contributions
- $65,316,452
- Total income / additions
- $161,554,460
Expenses & distributions
- Benefits paid
- $72,736,174
- Administrative expenses
- $967,195
- Total expenses
- $73,659,862
- Net increase / (decrease)
- $87,894,598
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
46%54%
Employer 46%Participant 54%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income45%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $544,537 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $252,187 | not reported in the loaded dataset | 2023 |
| Pricewaterhousecoopers Llp | ACCOUNTANT/AUDITOR | $103,576 | not reported in the loaded dataset | 2023 |
| Capfinancial Partners, LLC | INVESTMENT ADVISOR | $67,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Arconic Corporation
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Pittsburgh, PA
- Strategic Advisors, Inc. — Schedule C compensation
- Fidelity Investments Institutional — Schedule C compensation
- Pricewaterhousecoopers Llp — Schedule C compensation
- Capfinancial Partners, LLC — Schedule C compensation