DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

Corporate pension

Kennametal Inc. Retirement Income Plan

Corporate pensionFT. Mill, SC
Assets
$511M
Total assets, Dec 31, 2024 reported
Funded
82.6%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
0
none on the tape
Plan sponsor: Kennametal Inc.
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
  • Master trust investment accounts 100.0%
Consultants and advisers
6 firms
People
No investment staff or executives have been read for this allocator yet.
Manager roster
3 managers on Schedule C
From Schedule C (investment management, code 28)
Commitments
No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.
Size and funding
33 readings
Total assets
$511M Dec 31, 2024 reported Form 5500
$541M (2023-12) · $535M (2022-12)
Plan assets
$541M Jan 1, 2024 reported Form 5500
$535M (2023-01) · $714M (2022-01)
Net assets
$511M Dec 31, 2024 reported Form 5500
$541M (2023-12) · $535M (2022-12)
Funded ratio
82.6% Jan 1, 2024 reported Form 5500
80.0% (2023-01) · 108.4% (2022-01)
Funding target
$499M Jan 1, 2024 reported Form 5500
$521M (2023-01) · $522M (2022-01)
Discount rate
5.09% Jan 1, 2024 reported Form 5500
5.15% (2023-01) · 5.32% (2022-01)
Participants
5,096 Jan 1, 2024 reported Form 5500
5,242 (2023-01) · 5,270 (2022-01)
Contributions
$0 Dec 31, 2024 reported Form 5500
$0 (2023-12) · $0 (2022-12)
Benefits paid
$41.0M Dec 31, 2024 reported Form 5500
$40.6M (2023-12) · $39.8M (2022-12)
Net investment income
$-29.2M Dec 31, 2024 reported Form 5500
$6.0M (2023-12) · $-179M (2022-12)
Investment management fees
$838,459 Dec 31, 2024 reported Form 5500
$812,267 (2023-12) · $941,172 (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 20245,096$541M$499M82.6%$511Mn/a$511Mn/a
2023 to Dec 31, 20235,242$535M$521M80.0%$541Mn/a$541Mn/a
2022 to Dec 31, 20225,270$714M$522M108.4%$535Mn/a$535Mn/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
3 events
  • Jan 1, 2024Funded status changed
    Kennametal Inc. Retirement Income Plan funded ratio 80.0% -> 82.6% (2023-01-01 to 2024-01-01)
  • Jan 1, 2023Funded status changed
    Kennametal Inc. Retirement Income Plan funded ratio 108.4% -> 80.0% (2022-01-01 to 2023-01-01)
  • Jan 1, 2023Assets changed
    Kennametal Inc. Retirement Income Plan plan assets $714M -> $535M (-25.1%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 250900168-001
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.