Novelis Fairmont Hourly Pension Plan — Form 5500 plan (Novelis Corporation)
Plain-English plan 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, Novelis Fairmont Hourly Pension Plan is a benefit plan reported by Novelis Corporation under EIN 41-2098321 and plan number 004. The latest loaded filing year is 2023. The filing reports 271 participants and $25,142,163 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Novelis Corporation
- EIN
- 41-2098321
- Plan number
- 004
- Plan type
- 2
- Location
- Atlanta, GA
- Latest filing year
- 2023
- Participants
- 271
- End-of-year plan assets
- $25,142,163
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 271 | H, C | 20241104174955NAL0007813185001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $25,142,163
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $25,142,163
- Net assets (BOY)
- $24,471,281
Income & contributions
- Employer contributions
- $609,000
- Total contributions
- $609,000
- Total income / additions
- $2,909,353
Expenses & distributions
- Benefits paid
- $1,882,254
- Administrative expenses
- $356,217
- Total expenses
- $2,238,471
- Net increase / (decrease)
- $670,882
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Mercer Investments LLC | NONE | $104,466 | $0 | 2023 |
| Captrust Financial Advisors | NONE | $43,473 | $0 | 2023 |
| Wells Fargo Bank, Na | NONE | $10,549 | $0 | 2023 |
| Frazier & Deeter LLC | NONE | $2,500 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Novelis Corporation
- 2023 Form 5500 filing
- Form 5500 filings in GA
- 401(k) and benefit plan filings in Atlanta, GA
- Mercer Investments LLC — Schedule C compensation
- Captrust Financial Advisors — Schedule C compensation
- Wells Fargo Bank, Na — Schedule C compensation
- Frazier & Deeter LLC — Schedule C compensation