2023 Form 5500 filing — Novelis Savings And Retirement Plan

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241011125649NAL0044355474001) for Novelis Savings And Retirement Plan, reported by Novelis Corp. under EIN 41-2098321 and plan number 034. It reports 6,954 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 3 · 2023

Filing snapshot

Net assets (EOY)$1.3BReported net assets$1,319,665,603
Participants7K6,954
Provider compensation$1M4 Schedule C row(s)$1,040,982
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241011125649NAL0044355474001
Plan sponsor
Novelis Corp.
EIN
41-2098321
Plan number
034
Location
Atlanta, GA
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$1.3B total assets
Net assets$1.3BLiabilities$0
Money in vs. money out
Total income / additions$309.9M
Total expenses$97.6M
Benefits paid / distributions$96.6M
Contributions
Employer$48.3M
Participant$61.4M
Full reported line items
Total assets (EOY)
$1,319,665,603
Total liabilities (EOY)
$0
Net assets (EOY)
$1,319,665,603
Employer contributions
$48,291,688
Participant contributions
$61,354,952
Total income / additions
$309,871,693
Benefits paid
$96,639,055
Administrative expenses
$987,328
Total expenses
$97,627,407
Net increase / (decrease)
$212,244,286

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
The Vanguard Group, Inc.NONE$483,298$0
Vanguard Advisers Inc.NONE$416,150not reported in the loaded dataset
Capfinancial Partners LLCNONE$126,534not reported in the loaded dataset
Frazier & Deeter Cpas & AdvsrsNONE$15,000not reported in the loaded dataset

Related Form 5500 pages