Akzonobel Retirement Savings Plan — Form 5500 plan (Akzo Nobel Inc.)

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, Akzonobel Retirement Savings Plan is a benefit plan reported by Akzo Nobel Inc. under EIN 56-1349341 and plan number 076. The latest loaded filing year is 2023. The filing reports 4,945 participants and $788,180,506 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$788.2MPlan net assets, end of year$788,180,506
Participants4.9KCovered participants reported4,945
Assets / participant$159.4KComputed: assets ÷ participants$159,389 (computed)
Provider compensation$909.4K5 Schedule C provider row(s)$909,383
Plan sponsor
Akzo Nobel Inc.
EIN
56-1349341
Plan number
076
Plan type
2
Location
Nashville, TN
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20234,945H, C20241015160850NAL0015047235001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$788.2M total assets
Net assets$788.2MLiabilities$0
Money in vs. money out
Total income / additions$144.5M
Total expenses$87.6M
Benefits paid / distributions$86.6M
Contributions
Employer$18.1M
Participant$17.3M
Full reported line items

Net assets

Total assets (EOY)
$788,180,506
Total liabilities (EOY)
$0
Net assets (EOY)
$788,180,506
Net assets (BOY)
$731,246,701

Income & contributions

Employer contributions
$18,105,486
Participant contributions
$17,311,957
Total contributions
$37,008,275
Total income / additions
$144,494,168

Expenses & distributions

Benefits paid
$86,603,526
Administrative expenses
$911,446
Total expenses
$87,560,918
Net increase / (decrease)
$56,933,250
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 51%Participant 49%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income60%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Financial EnginesNONE$580,757not reported in the loaded dataset2023
Towers Watson Investment ServicesNONE$197,352not reported in the loaded dataset2023
Fidelity Investments InstitutionalNONE$93,527not reported in the loaded dataset2023
Baker Tilly Us, LlpNONE$21,105not reported in the loaded dataset2023
Willis Towers Watson Us LLCNONE$16,642not reported in the loaded dataset2023

Related Form 5500 pages