Defined Benefit (Pension) · DOL Form 5500 · 2022

Hanwha Azdel, Inc. Pension Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
53
Participants Small participant base
65th
Percentile by assets National rank
$193,331
Avg per participant Above avg balance/head
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Official DOL plan name: Azdel, Inc. Retirement Plan · Sponsored by Hanwha Azdel, Inc. · Virginia · Manufacturing

$10M in assets, 53 participants

Hanwha Azdel, Inc.'s Azdel, Inc. Retirement Plan reported $10M in total assets and 53 participants in its 2022 DOL Form 5500 filing, ranking in the 65th 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.

  • #10,886 in Manufacturing (20,602 peers)

Hanwha Azdel, Inc. multi-year trail

Hanwha Azdel, Inc.'s plans moved +29.7% in assets from 2022 to 2024; this filing shows Azdel, Inc. Retirement Plan at $10M / 53 participants.

#10,886
in Manufacturing (20,602 peers)
-17.7%
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.

Azdel, Inc. Retirement Plan's mid-pack asset rank among Manufacturing and all filers

Azdel, Inc. Retirement Plan vs every filed plan by assets

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

$10,246,518 Top 35% higher than 65% 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

Azdel, Inc. Retirement 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. Azdel, Inc. Retirement Plan is a small filing (53 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 561529693 · Hanwha Azdel, Inc. PY 2022 · Defined Benefit (Pension)

Azdel, Inc. Retirement Plan · $10M · 53 · 65th

  • IND $10M
  • IND 53
  • IND 65th
  • IND Defined Benefit (Pension)
  • IND near Igm Resins Charlotte, Inc. Retirement Plan
  • IND ind #10886

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 →

Azdel, Inc. Retirement Plan in the asset neighbourhood

Azdel, Inc. Retirement Plan$10MIgm Resins Charlotte, Inc. Retirement PlanIgm Resins Charlotte, Inc. R…$10MNovamont Hourly Pension Plan$10MLasalle Bristol LP Pension PlanLasalle Bristol LP Pension P…$10MAppleton Group LLC Pension Plan for Bargaining Unit EmployeesAppleton Group LLC Pension P…$10M
End-of-year total assets ($M) among Azdel, Inc. Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Hanwha Azdel, Inc. multi-year asset trail

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

Hanwha Azdel, Inc. filing trail (2022)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$10M
Net Income-$2M
Employer EIN561529693
Plan Effective Date1988-03-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Virginia

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

Azdel, Inc. Retirement Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Azdel, Inc. Retirement Plan, Total assets ($B): 0.010246518 · Participants: 53Azdel, Inc. Retirement PlanNorthrop Grumman Pension Plan, Total assets ($B): 18.331391337 · Participants: 14867Northrop Grumman Pension PlanRetirement Security Plan, Total assets ($B): 9.385168374 · Participants: 54531Retirement Security PlanNg Space&mission Systems Corp Salaried Pension Pla, Total assets ($B): 8.061267673 · Participants: 7799Ng Space&mission Systems Corp Salaried Pension PlaDominion Energy Pension Plan, Total assets ($B): 7.265847838 · Participants: 12832Dominion Energy Pension PlanSheet Metal Workers' National Pension Fund, Total assets ($B): 7.155241333 · Participants: 61068Sheet Metal Workers' National Pension Fund
Azdel, Inc. Retirement Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants
Compare Azdel, Inc. Retirement Plan side-by-side with 3 peers →

Azdel, Inc. Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Igm Resins Charlotte, Inc. Retirement Plan in NC ($10M); by covered participants it is Retirement Program Plan for Employees of United States Enrichment Corporation in MD (53 participants). Same-state nearby plans are listed separately above.

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 Azdel, Inc. Retirement Plan assets move in 2022? ▼
Azdel, Inc. Retirement Plan declined sharply - down 17.7% during 2022, from $12M to $10M. 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 Defined Benefit (Pension) plans are similar in size to Azdel, Inc. Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Igm Resins Charlotte, Inc. Retirement Plan in NC ($10M, 8 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Azdel, Inc. Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Program Plan for Employees of United States Enrichment Corporation in MD (53 participants, $457M 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 561529693.

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.