401(k) · DOL Form 5500 · 2022

Hanwha Azdel, Inc. 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
219
Participants Below avg headcount
68th
Percentile by assets National rank
$54,708
Avg per participant Low balance/head
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Official DOL plan name: Hanwha Azdel, Inc. Employee Savings Plan · Sponsored by Hanwha Azdel, Inc. · Virginia · Manufacturing

$12M in assets, 219 participants

Hanwha Azdel, Inc.'s Hanwha Azdel, Inc. Employee Savings Plan reported $12M in total assets and 219 participants in its 2022 DOL Form 5500 filing, ranking in the 68th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #11,689 in Manufacturing (20,602 peers)

Coverage in Virginia

Hanwha Azdel, Inc. Employee Savings Plan covers 219 participants in Virginia, about 28% of the average Virginia filer (state average ~782 per filing). Assets: $12M.

#11,689
in Manufacturing (20,602 peers)
-11.7%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hanwha Azdel, Inc. Employee Savings Plan's outsized position by total assets

Hanwha Azdel, Inc. Employee Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$11,980,998 Top 32% higher than 68% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Hanwha Azdel, Inc. Employee Savings Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hanwha Azdel, Inc. Employee Savings Plan sits mid-pack in the medium band (219 participants).

DOL schedule card

Filing strip 561529693 · Hanwha Azdel, Inc. PY 2022 · 401(k)

Hanwha Azdel, Inc. Employee Savings Plan · $12M · 219 · 68th

  • VS-ST $12M
  • VS-ST 219
  • VS-ST 68th
  • VS-ST 401(k)
  • VS-ST near Mypoint Credit Union 401(k) Plan
  • VS-ST ind #11689

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Virginia →

Hanwha Azdel, Inc. Employee Savings Plan in the asset neighbourhood

Hanwha Azdel, Inc. Employee Savings PlanHanwha Azdel, Inc. Employee …$12MMypoint Credit Union 401(k) PlanMypoint Credit Union 401(k) …$12MFirst American Bank and Trust Company Cash or Deferred Profit Sharing PlanFirst American Bank and Trus…$12MNorwalk/Indianola Ready-Mixed 401(k) PlanNorwalk/Indianola Ready-Mixe…$12MStemline Therapeutics, Inc. 401(k) PlanStemline Therapeutics, Inc. …$12M
End-of-year total assets ($M) among Hanwha Azdel, Inc. Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$12M
Net Income-$2M
Employer EIN561529693
Plan Effective Date1987-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hanwha Azdel, Inc.)

Sponsor-wide plan assets over time

All Hanwha Azdel, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$29M 29.676806891062412% vs 2022
2024 filing year
$20M$22M$24M$26M$28M$30M 202220232024 $22.2M $28.8M ▲ +29.6%
Year Plans Participants Total Assets
2022 2 272 $22M
2023 2 255 $26M
2024 2 248 $29M

Nearby 401(k) Plans in Virginia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Hanwha Azdel, Inc. Employee Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Hanwha Azdel, Inc. Employee Savings Plan, Total assets ($B): 0.011980998 · Participants: 219Hanwha Azdel, Inc. Employee Savings PlanNorthrop Grumman Savings Plan, Total assets ($B): 32.567331218 · Participants: 92420Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 12.972737361 · Participants: 61481401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 9.624791923 · Participants: 36822General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 8.665678993 · Participants: 26125Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 8.232987243 · Participants: 31556Bae Systems Employees' Savings and Investment Plan
Hanwha Azdel, Inc. Employee Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Hanwha Azdel, Inc. Employee Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Mypoint Credit Union 401(k) Plan in CA ($12M); by covered participants it is Metal Matic, Inc. Minneapolis Union Employees' 401(k) Plan in MN (219 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (219 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Hanwha Azdel, Inc. Employee Savings Plan assets move in 2022?
Hanwha Azdel, Inc. Employee Savings Plan pulled back noticeably - down 11.7% during 2022, from $14M to $12M. Reported net income was -$2M.
How have Hanwha Azdel, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Hanwha Azdel, Inc.'s sponsor-wide assets grew 29.7%, from $22M to $29M.
Which 401(k) plans are similar in size to Hanwha Azdel, Inc. Employee Savings Plan?
Among 401(k) plans in other states, the closest by assets is Mypoint Credit Union 401(k) Plan in CA ($12M, 106 participants).
Which 401(k) plans cover a similar participant headcount to Hanwha Azdel, Inc. Employee Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Metal Matic, Inc. Minneapolis Union Employees' 401(k) Plan in MN (219 participants, N/A in assets).