Howmet Aerospace Retirement Plans Master Trust
Pension fund · Pittsburgh, United States
Who Howmet Aerospace Retirement Plans Master Trust is.
Where the institution came from, whose capital it manages, and how that capital is allocated — from Dealroom's LP research.
Historical Background
- The Howmet Aerospace Retirement Plans Master Trust serves as the investment vehicle for the retirement and pension plans offered to the employees of Howmet Aerospace.
- The trust was established in its current form following the separation of Arconic Inc. into two standalone companies, Howmet Aerospace and Arconic Corporation, in 2020.
Source of Capital
- The trust's capital is sourced from contributions made by Howmet Aerospace and its employees into the company's various retirement and pension plans.
- It functions as a single-employer corporate pension trust.
Major Events
- The most significant event was the 2020 restructuring of Arconic Inc., which resulted in the creation of Howmet Aerospace and, consequently, the formation of this dedicated master trust for its retirement plans.
Allocation Strategy
- The trust holds a variety of assets, including investments in itself and notes receivable from plan participants, which are essentially loans taken by employees against their retirement savings.
- The plan offers features such as automatic enrollment and default investment accounts for participants who do not specify their own investment directions.
- A self-directed brokerage option is available, allowing individual participants more control over their specific investment choices within the plan.
The funds Howmet Aerospace Retirement Plans Master Trust backs.
Howmet Aerospace Retirement Plans Master Trust is a limited partner in 19 funds. 5 of them place in the Power Law Investor Ranking, and the best-ranked are shown here.
How Howmet Aerospace Retirement Plans Master Trust’s fund book is spread.
The 19 funds Howmet Aerospace Retirement Plans Master Trust backs, by where the manager is headquartered and how many funds that manager has raised.
Where those managers are based
By fund headquarters.
- North America 1368%
- Europe 421%
- Rest of world 211%
United States 13 · United Kingdom 3 · China 1 · Iceland 1
How established those managers are
Managers grouped by how many funds they have raised. 3 emerging (three funds or fewer), 7 established — across the 10 of 19 with a fund history on record.
Other LPs.
Other pension funds in the Power Law LP ranking, closest to Howmet Aerospace Retirement Plans Master Trust by combined power-law score — North America first, then the nearest worldwide.