KENNAMETAL THRIFT PLUS PLAN · FT. MILL, SC · plan year 2025
Reported admin expense ratio · 2025
0.09%
Peer grade: B· admin costs + employer contributions vs same-size plans · how grading works
Kennametal Inc. reported $554,886 in plan administrative expenses for 2025: 0.09% of average plan assets, above the peer median. Employer contributions averaged $4,981 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 3 years on file its reported administrative ratio fell from 0.11% to 0.09%. The plan sits in the $250M–$1B size bracket, benchmarked here against 230 comparable plans and shown alongside other manufacturing employers. By assets it is the 18th-largest of 807 plans among South Carolina employers on file, and the 481st of 13,661 in manufacturing. In 2025, employees put in $1.63 for every $1.00 the employer contributed.
Plan summary
Net assets, end of year$629,417,931
Participants with balances4,168
Active participants2,536
Employer contributions$12,632,895
Employee contributions$20,568,481
Employer contribution per active participant$4,981
Employer contribution per active participant$4,981
Median for plans this size$4,295
2025$4,981 per active participant
2024$4,684 per active participant
2023$4,950 per active participant
2022$4,371 per active participant
Kennametal Inc.'s 2025 employer contribution ran above the $4,295 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
What these fees cost you
Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Source: U.S. Department of Labor, Form 5500 series, EIN 250900168 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.