2023 Form 5500 filing — Novelis Fairmont Hourly Pension 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 20241104174955NAL0007813185001) for Novelis Fairmont Hourly Pension Plan, reported by Novelis Corporation under EIN 41-2098321 and plan number 004. It reports 271 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241104174955NAL0007813185001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Novelis Corporation
- EIN
- 41-2098321
- Plan number
- 004
- Location
- Atlanta, GA
- Participants
- 271
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $25,142,163
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $25,142,163
- Employer contributions
- $609,000
- Total income / additions
- $2,909,353
- Benefits paid
- $1,882,254
- Administrative expenses
- $356,217
- Total expenses
- $2,238,471
- Net increase / (decrease)
- $670,882
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Mercer Investments LLC | NONE | $104,466 | $0 |
| Captrust Financial Advisors | NONE | $43,473 | $0 |
| Wells Fargo Bank, Na | NONE | $10,549 | $0 |
| Frazier & Deeter LLC | NONE | $2,500 | $0 |