LP profile · Pension fund
Howmet Aerospace Retirement Plans Master Trust
Howmet Aerospace Retirement Plans Master Trust is a pension fund headquartered in United States (North America). Ranked #184 in the 2026 Dealroom Power Law LP Ranking by realised power-law score across its venture commitments.
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.