Defined Benefit (Pension) · DOL Form 5500 · 2022
Novelis Corporation Pension Plan
Data updated 2026-08-11
- $382M
- Total assets
- 390
- Participants
- 97th
- Percentile by assets
- $980,605
- Avg per participant
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.
- 97th percentile by assets (of 139,126 plans)
- #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.
- $382M
- total plan assets (2022 EOY)
- 390
- covered participants
- 97th
- percentile by assets (of 139,126 plans)
- $980,605
- avg assets per participant
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.
Where Novelis Pension Plan sits 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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Participants vs Georgia filers
In Georgia, the average filing covers about 1,096 participants across 3,635 plans. Novelis Pension Plan reports 390 participants - about 36% of that state average ($382M EOY assets).
Georgia filing particulars
| Total Assets (Beginning of Year) | $526M |
|---|---|
| Net Assets (End of Year) | $382M |
| Net Income | -$143M |
| Employer EIN | 412098321 |
| Plan Effective Date | 2006-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Novelis Corporation)
| 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
- UPS Retirement Plan $22.0B · 52,821
- The Southern Company Pension Plan $14.8B · 25,663
- UPS/Ibt Full-Time Employee Pension Plan $11.9B · 68,592
- UPS Pension Plan $9.6B · 151,682
- Delta Retirement Plan $7.4B · 15,951
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Novelis Pension Plan by total assets, not by location.
- Tate & Lyle Salaried Pension Plan (IL) $383M · 337
- Basf Corporation Consolidated Bargaining Unit Employees' Pension Plan (NJ) $383M · 757
- American Bureau of Shipping Pension Plan (TX) $382M · 860
- Building Laborers Local 310 Pension Fund (OH) $381M · 1,062
Frequently Asked Questions
How did Novelis Pension Plan assets move in 2022? ▼
How have Novelis Corporation plan assets changed over time? ▼
Where does Novelis Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Novelis Pension Plan? ▼
Next read for Novelis Pension Plan
Filing takeaways
Ways to act on Novelis Pension Plan's numbers.
- By total assets, Novelis Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Georgia. Compare plans
- Novelis Corporation's sponsor-wide assets have grown 24.0% since 2022 across 3 plan years on file. More Manufacturing plans