Aleris 401(K) Plan For Usw, Local 7993, Ashville — Form 5500 plan (Novelis Alr Rolled Products, 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, Aleris 401(K) Plan For Usw, Local 7993, Ashville is a benefit plan reported by Novelis Alr Rolled Products, Inc. under EIN 27-1539745 and plan number 005. The latest loaded filing year is 2023. The filing reports 146 participants and $3,560,002 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$3.6MPlan net assets, end of year$3,560,002
Participants146Covered participants reported
Assets / participant$24.4KComputed: assets ÷ participants$24,384 (computed)
Provider compensation$8K1 Schedule C provider row(s)$7,956
Plan sponsor
Novelis Alr Rolled Products, Inc.
EIN
27-1539745
Plan number
005
Plan type
2
Location
Atlanta, GA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023146H, C20241011142753NAL0022930289001
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)$3.6M total assets
Net assets$3.6MLiabilities$0
Money in vs. money out
Total income / additions$919.7K
Total expenses$416K
Benefits paid / distributions$403.4K
Contributions
Employer$203.6K
Participant$199.2K
Full reported line items

Net assets

Total assets (EOY)
$3,560,002
Total liabilities (EOY)
$0
Net assets (EOY)
$3,560,002
Net assets (BOY)
$3,082,618

Income & contributions

Employer contributions
$203,565
Participant contributions
$199,183
Total contributions
$402,748
Total income / additions
$919,718

Expenses & distributions

Benefits paid
$403,389
Administrative expenses
$12,574
Total expenses
$415,970
Net increase / (decrease)
$503,748
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 assets12%Computed ratio
Benefits paid ÷ total income44%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
The Vanguard Group, Inc.NONE$7,956$02023

Related Form 5500 pages