Defined Benefit (Pension) · DOL Form 5500 · 2022

Novelis Corporation Pension Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
80
Participants Small participant base
80th
Percentile by assets National rank
$305,891
Avg per participant High balance/head
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Official DOL plan name: Novelis Fairmont Hourly Pension Plan · Sponsored by Novelis Corporation · Georgia · Manufacturing

$24M in assets, 80 participants

Novelis Corporation's Novelis Fairmont Hourly Pension Plan reported $24M in total assets and 80 participants in its 2022 DOL Form 5500 filing, ranking in the 80th 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.

  • #14,821 in Manufacturing (20,602 peers)

Where Novelis Fairmont Hourly Pension Plan sits by assets

Novelis Fairmont Hourly Pension Plan sits in the top quartile of all filed plans by assets, $24M for 80 participants (~$305,891/participant), down 27.2% in 2022.

#14,821
in Manufacturing (20,602 peers)
-27.2%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Novelis Fairmont Hourly Pension Plan's outsized position by total assets

Novelis Fairmont Hourly Pension Plan vs every filed plan by assets

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

$24,471,281 Top 20% higher than 80% 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

Novelis Fairmont Hourly Pension Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Novelis Fairmont Hourly Pension Plan is a small filing (80 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 412098321 · Novelis Corporation PY 2022 · Defined Benefit (Pension)

Novelis Fairmont Hourly Pension Plan · $24M · 80 · 80th

  • BOOK $24M
  • BOOK 80
  • BOOK 80th
  • BOOK Defined Benefit (Pension)
  • BOOK near Harte Hanks, Inc. Pension Plan II
  • BOOK ind #14821

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 Georgia →

Novelis Fairmont Hourly Pension Plan in the asset neighbourhood

Listerhill Credit Union Cash Balance Defined Benefit Plan and TrustListerhill Credit Union Cash…$24MNovelis Fairmont Hourly Pension PlanNovelis Fairmont Hourly Pens…$24MHarte Hanks, Inc. Pension Plan IIHarte Hanks, Inc. Pension Pl…$24MKnife River Corporation Salaried Employees' Pension PlanKnife River Corporation Sala…$24MRetirement Plan of the Plumbers & Steamfitters Local No 489Retirement Plan of the Plumb…$24M
End-of-year total assets ($M) among Novelis Fairmont Hourly Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$24M
Net Income-$9M
Employer EIN412098321
Plan Effective Date1950-12-21
Filing StatusFILING RECEIVED

Sponsor Plan History (Novelis Corporation)

Sponsor-wide plan assets over time

All Novelis Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$1.9B 24.015846012476104% vs 2022
2024 filing year
$1.4B$1.6B$1.8B$2B 202220232024 $1.56B $1.94B ▲ +24.4%
Year Plans Participants Total Assets
2022 5 5,607 $1.6B
2023 5 5,993 $1.8B
2024 5 6,001 $1.9B

Nearby Defined Benefit (Pension) Plans in Georgia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Novelis Fairmont Hourly Pension Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -50510152025 Total assets ($B) Participants Novelis Fairmont Hourly Pension Plan, Total assets ($B): 0.024471281 · Participants: 80Novelis Fairmont Hourly Pension PlanUPS Retirement Plan, Total assets ($B): 22.022408253 · Participants: 52821UPS Retirement PlanThe Southern Company Pension Plan, Total assets ($B): 14.822086516 · Participants: 25663The Southern Company Pension PlanUPS/Ibt Full-Time Employee Pension Plan, Total assets ($B): 11.867504693 · Participants: 68592UPS/Ibt Full-Time Employee Pension PlanUPS Pension Plan, Total assets ($B): 9.568572149 · Participants: 151682UPS Pension PlanDelta Retirement Plan, Total assets ($B): 7.354895526 · Participants: 15951Delta Retirement Plan
Novelis Fairmont Hourly Pension Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants
Compare Novelis Fairmont Hourly Pension Plan side-by-side with 3 peers →

Novelis Fairmont Hourly Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Georgia, the nearest Defined Benefit (Pension) by assets is Harte Hanks, Inc. Pension Plan II in MA ($24M); by covered participants it is Oneaz Credit Union Defined Benefit Pension Plan in AZ (80 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (80 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 Novelis Fairmont Hourly Pension Plan assets move in 2022? ▼
Novelis Fairmont Hourly Pension Plan declined sharply - down 27.2% during 2022, from $34M to $24M. Reported net income was -$9M.
How have Novelis Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Novelis Corporation's sponsor-wide assets grew 24.0%, from $1.6B to $1.9B.
Where does Novelis Fairmont Hourly Pension Plan rank by assets among Form 5500 filers? ▼
Novelis Fairmont Hourly Pension Plan ranks in the 80th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Novelis Fairmont Hourly Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Harte Hanks, Inc. Pension Plan II in MA ($24M, 10 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Novelis Fairmont Hourly Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Oneaz Credit Union Defined Benefit Pension Plan in AZ (80 participants, $46M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 412098321.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.