Pennsylvania › Manufacturing › 1,000 to 4,999 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Allegheny Technologies Incorporated Pension Plan
Sponsored by Ati Inc., Pittsburgh, PA
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Allegheny Technologies Incorporated Pension Plan is a defined benefit pension plan sponsored by Ati Inc. of Pittsburgh, Pennsylvania. For the plan year ending 31 Dec 2024 it reported 1,987 participants, 1,108 of them active, and net assets of $280M.
Net assets came to $140,775 per participant, well above the $87,935 median for defined benefit plans with 1,000 to 4,999 participants and well above the $67,961 median for defined benefit plans in manufacturing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Schedule C lists 4 service provider organisations paid $5,000 or more, with reported compensation of $1.4M: $721 per participant, well above the same-size median of $325. Administrative expenses charged to the plan were $1.6M. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $2.11B in 2009 to $280M in 2024 (down 87%), and participants from 30,599 to 1,987 (down 94%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $140,775 | $87,935 | $67,961 | $86,221 |
| Employer contributions per active participant | — | $10,593 | $6,915 | $10,244 |
| Schedule C compensation per participant | $721 | $325 | $299 | $344 |
| Schedule C compensation, share of net assets | 0.51% | 0.41% | 0.47% | 0.42% |
| Administrative expenses per participant | $824 | $513 | $498 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 1,000 to 4,999 participants (1,540 plans), manufacturing (1,532) and all US plans (5,308). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 1,987 | $280M | $140,775 | — | — | $1.4M |
| 2023 | 1,983 | $296M | $149,469 | — | — | $4.8M |
| 2022 | 9,219 | $1.76B | $191,098 | $322M | — | $2.8M |
| 2021 | 9,382 | $1.89B | $201,974 | $17.5M | — | $3.7M |
| 2020 | 10,899 | $1.93B | $176,689 | $103M | — | $3.6M |
| 2019 | 12,289 | $1.81B | $147,553 | $161M | — | $3.8M |
| 2018 | 14,342 | $1.68B | $117,073 | $102M | — | $4.8M |
| 2017 | 21,391 | $2.04B | $95,341 | $135M | — | $4.2M |
| 2016 | 23,279 | $1.82B | $78,197 | $115M | — | $3.8M |
| 2015 | 27,760 | $1.88B | $67,622 | — | — | $3.1M |
| 2014 | 28,704 | $2.12B | $73,791 | $1.3M | — | $3.7M |
| 2013 | 31,320 | $2.24B | $71,568 | — | — | $2.6M |
| 2012 | 32,441 | $2.15B | $66,255 | — | — | $2.6M |
| 2011 | 32,980 | $2.17B | $65,904 | $3.4M | — | $2.5M |
| 2010 | 29,535 | $2.17B | $73,606 | — | — | $2.5M |
| 2009 | 30,599 | $2.11B | $68,905 | $350M | — | $2.4M |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$296,397,691
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$0
- Total income, including investment results−$9,715,119
- Benefits paid$5,325,301
- Administrative expenses$1,637,435
- Total expenses$6,962,736
- Net income−$16,677,855
- Net transfers$0
- Net assets, end of year$279,719,836
Participants
- Active participants1,108
- Retired or separated, receiving benefits267
- Retired or separated, entitled to future benefits568
- Total participants, end of year1,987
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Mercer | Actuarial | $579,233 | $0 |
| Cambridge Associates | Consulting (pension); Investment advisory (plan) | $401,830 | $0 |
| Alight Solutions LLC | Recordkeeping and information management | $310,036 | $0 |
| The Bank of New York Mellon | Contract Administrator | $141,798 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Actuarial fees$579,233
- Investment advisory and management fees$401,830
- Contract administrator fees$310,036
- Other administrative expenses$200,161
- Trustee and custodial fees$141,798
- Legal fees$4,377
- Total administrative expenses$1,637,435
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Master trust investment accounts$280M · 100.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $25,000,000
- Blackout period during the year—
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1ABenefits are primarily pay related1BBenefits are primarily flat dollar (includes dollars per year of service)
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 336410: Aerospace Product & Parts Mfg.
Other plans of Ati Inc.
| Plan | Participants | Net assets |
|---|---|---|
| Ati 401(k) Savings Plan | 6,440 | $995M |
| Ati Retirement Plan | 3,914 | $373M |
Similar plans in Pennsylvania
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Ampco-Pittsburgh Corporation Retirement Plan | Ampco-Pittsburgh Corporation | 2,015 | $161M | $79,719 |
| Alcoa Subsidiaries Merged Inactive Plan | Alcoa USA Corp. | 1,911 | $135M | $70,747 |
| Sanofi Pasteur Inc. Retirement Plan | Sanofi Pasteur Inc. | 2,141 | $160M | $74,516 |
| Day and Zimmermann Ao/mhg Merged Pension Plan (Formerly Known As Retirement Plan for Bargaining Employees at Iaap) | American Ordnance, LLC C/o Iowa Army Ammunition Plant | 1,840 | $88.3M | $47,975 |
| Harbisonwalker International, Inc. Salary Pension Plan | Harbisonwalker International, Inc. | 2,210 | $132M | $59,538 |
| SPS Technologies, LLC Retirement Income Plan | SPS Technologies, LLC | 1,724 | $146M | $84,761 |
Defined benefit plans in manufacturing closest in size.
Questions and answers
How big is Allegheny Technologies Incorporated Pension Plan?
1,987 participants at the end of the plan year ending 31 Dec 2024, of whom 1,108 were active employees, with net assets of $279,719,836. Among defined benefit plans that places it in the 1,000 to 4,999 participants band, which held 1,540 plans in plan year 2024.
What does Ati Inc. contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $1,432,897 in compensation to service provider organisations, $721 per participant or 0.51% of net assets. The same-size median among plans reporting any Schedule C compensation was $325 per participant. Administrative expenses on Schedule H were $1,637,435. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Ati Inc.. Recordkeeping or administration: Alight Solutions LLC and The Bank of New York Mellon. Investment advisory or management: Cambridge Associates. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 9 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 25-1792394, plan 001, received 9 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.