Novelis Terre Haute 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 Terre Haute Hourly Pension Plan is a benefit plan reported by Novelis Corporation under EIN 41-2098321 and plan number 042. The latest loaded filing year is 2023. The filing reports 656 participants and $37,070,092 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Novelis Corporation
- EIN
- 41-2098321
- Plan number
- 042
- Plan type
- 2
- Location
- Atlanta, GA
- Latest filing year
- 2023
- Participants
- 656
- End-of-year plan assets
- $37,070,092
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 656 | H, C | 20241104175229NAL0015090050001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $37,070,092
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $37,070,092
- Net assets (BOY)
- $37,551,558
Income & contributions
- Employer contributions
- $655,000
- Total contributions
- $655,000
- Total income / additions
- $3,950,683
Expenses & distributions
- Benefits paid
- $3,695,309
- Administrative expenses
- $736,840
- Total expenses
- $4,432,149
- Net increase / (decrease)
- -$481,466
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Mercer Investments LLC | NONE | $168,853 | $0 | 2023 |
| Captrust Financial Advisors | NONE | $71,014 | $0 | 2023 |
| Wells Fargo Bank, Na | NONE | $14,513 | $0 | 2023 |