Defined Benefit (Pension) · DOL Form 5500 · 2022

Novelis Corporation Pension Plan

Data updated 2026-08-25

$382M
Total assets Above avg plan size
390
Participants Below avg headcount
97th
Percentile by assets National rank
$980,605
Avg per participant High balance/head
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Official DOL plan name: Novelis Pension Plan · Sponsored by Novelis Corporation · Georgia · Manufacturing

$382M in assets, 390 participants

Novelis Corporation's Novelis Pension Plan reported $382M in total assets and 390 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • #19,717 in Manufacturing (20,602 peers)

Coverage in Georgia

Novelis Pension Plan covers 390 participants in Georgia, about 36% of the average Georgia filer (state average ~1,096 per filing). Assets: $382M.

#19,717
in Manufacturing (20,602 peers)
-27.2%
assets change YoY
3.8×
vs typical plan assets (national mean)

The plan reported a net loss of $143M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Novelis Pension Plan's outsized position by total assets

Novelis Pension Plan vs every filed plan by assets

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

$382,435,968 Top 3% higher than 97% 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 Pension 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. Novelis Pension Plan sits mid-pack in the medium band (390 participants).

DOL schedule card

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

Novelis Pension Plan · $382M · 390 · 97th

  • 5500 $382M
  • 5500 390
  • 5500 97th
  • 5500 Defined Benefit (Pension)
  • 5500 near Tate & Lyle Salaried Pension Plan
  • 5500 ind #19717

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 Pension Plan in the asset neighbourhood

Basf Corporation Consolidated Bargaining Unit Employees' Pension PlanBasf Corporation Consolidate…$383MTate & Lyle Salaried Pension PlanTate & Lyle Salaried Pension…$383MNovelis Pension Plan$382MAmerican Bureau of Shipping Pension PlanAmerican Bureau of Shipping …$382MBuilding Laborers Local 310 Pension FundBuilding Laborers Local 310 …$381M
End-of-year total assets ($M) among Novelis Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Georgia filing particulars

Total Assets (Beginning of Year)$526M
Net Assets (End of Year)$382M
Net Income-$143M
Employer EIN412098321
Plan Effective Date2006-01-01
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 Pension Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -50510152025 Total assets ($B) Participants Novelis Pension Plan, Total assets ($B): 0.382435968 · Participants: 390Novelis 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 Pension Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants
Compare Novelis Pension Plan side-by-side with 3 peers →

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

Outside Georgia, the nearest Defined Benefit (Pension) by assets is Tate & Lyle Salaried Pension Plan in IL ($383M); by covered participants it is Pension Plan for Collectively Bargained Employees of Nutrien in CO (390 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (390 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 Pension Plan assets move in 2022? ▼
Novelis Pension Plan declined sharply - down 27.2% during 2022, from $526M to $382M. Reported net income was -$143M.
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 Pension Plan rank by assets among Form 5500 filers? ▼
Novelis Pension Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Novelis Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Tate & Lyle Salaried Pension Plan in IL ($383M, 337 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Novelis Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pension Plan for Collectively Bargained Employees of Nutrien in CO (390 participants, $125M 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.