Howmet Aerospace Niles Bargaining Retirement Savings Plan

Rmi Titanium Company, Pittsburgh PA. Employer ID 310875005, plan number 014. Annual reports on file for 2017 to 2021.

Where the money went

Filed 2017-2021Howmet Aerospace Niles Bargaining Retirement Savings Plan, Rmi Titanium Company
2021Assets transferred to Howmet Aerospace Hourly Retirement Savings Plan
TodayHowmet Aerospace Hourly Retirement Savings Plan still files. That is where to ask.

In plan year 2020, active participants fell from 527 to 361 (31%), and 46 people left before they were fully vested. When a plan loses about 20% or more of its participants in a year, the IRS presumes a partial plan termination (Revenue Ruling 2007-43). Everyone who left in that period must then be fully vested in the employer's contributions. A 2021 law (Consolidated Appropriations Act, section 209) can excuse a drop between March 2020 and March 2021 if the plan had rehired enough people by March 31, 2021. Filing

This is a reason to ask the plan, not a finding. The plan decides, and it may show the drop was routine.

Check your years. We show whether the plan merged or moved money while you were there, and draft the letter to the plan that holds it now.

2021: Final return: the plan reported that it ended (merged, transferred, or distributed all assets).
2021: At least 25% of plan assets were transferred to another plan this year (merger or spin-off).
2021: The employer adopted a resolution to terminate the plan.

"Separated, still owed" counts people who left the employer but still have a benefit in the plan, as reported by the plan.

Plan year	Participants	Separated, still owed	Source
2017	544	9	Filing
2018	628	35	Filing
2019	563	36	Filing
2020	510	148	Filing
2021	0	0	Filing

Source: U.S. Department of Labor Form 5500 filings. Plan-level facts only; no one's balance. Information only, not legal advice.