Kennametal 401(k) match, vesting and fees

Plan year 2025 filingKennametal Thrift Plus Plan · Plan 002 · EIN 25-0900168Updated Oct 2026

What Kennametal's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2025 filing reports $12.6M in employer contributions, about $3,031 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2025 Form 5500 ↗
$151,012
Average account balance
4,194
Participants (end of year)
$629M
Plan assets (end of year)
0.09%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperFidelity Inv. Inst. Ops. Co.Schedule C ↗
Independent auditorBdo USA, P.C. (unmodified opinion)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2025 medians for 434 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.

Kennametal: employer contribution per participant$3,031
Peer median$2,591
Kennametal: average balance$151,012
Peer median$102,504
Kennametal: admin expenses ÷ assets0.09%
Peer median0.11%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $655M at the end of plan year 2021 to $629M at the end of plan year 2025.

$655M2021$523M2022$572M2023$595M2024$629M2025
End-of-year figures from each plan year's Form 5500 filing for the Kennametal plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
20254,194$629M$12.6M$3,0310.09%Not publishedForm 5500 ↗
20244,429$595M$12.7M$2,8740.10%Not publishedForm 5500 ↗
20234,613$572M$13M$2,8160.11%Not publishedForm 5500 ↗
20224,759$523M$12.2M$2,5620.11%Not publishedForm 5500 ↗
20214,749$655M$11.6M$2,5050.10%Not publishedForm 5500 ↗

Other Kennametal plans (3)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Kennametal Savings Plan

Plan 016 · EIN 25-0900168 · plan year 2025 filing
$86,439
Average account balance
96
Participants (end of year)
$8.3M
Plan assets (end of year)
0.11%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperFidelity Inv. Inst. Ops. Co.Schedule C ↗
Independent auditorBdo USA, P.C. (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

Kennametal Inc. Retirement Income Plan

Plan 001 · EIN 25-0900168 · plan year 2024 filing
$102,260
Average account balance
5,001
Participants (end of year)
$511M
Plan assets (end of year)
0.34%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperCbiz, Inc.Schedule C ↗
Independent auditorBdo USA, P.C. (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

Kennametal Inc. and Uaw Incl. Loc 1059 Pension Plan for Hourly Rated Production & Maintenance Employees

Plan 005 · EIN 25-0900168 · plan year 2024 filing
$68,114
Average account balance
253
Participants (end of year)
$17.2M
Plan assets (end of year)
0.94%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperCbiz Retirement Plan ServicesSchedule C ↗
Independent auditorBdo USA, P.C. (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

Common questions

Does Kennametal match 401(k) contributions?

The match terms for the Kennametal Thrift Plus Plan have not been published from its filing yet. The plan year 2025 filing reports $12.6M in employer contributions, about $3,031 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Kennametal 401(k) match vested?

The vesting schedule for the Kennametal Thrift Plus Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Kennametal 401(k)?

The recordkeeper listed on Schedule C of the plan year 2025 filing is Fidelity Inv. Inst. Ops. Co.. The plan administrator is Kennametal Inc..

I left Kennametal. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Kennametal Inc., (866) 783-4688) or the recordkeeper, Fidelity Inv. Inst. Ops. Co.. The Kennametal old 401(k) page lists the contacts from every plan filing. Find an old Kennametal 401(k)

Data from the public Form 5500 annual reports Kennametal filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Kennametal. Not financial advice. Report a correction · Methodology