401(k) · DOL Form 5500 · 2023

Hanwha Azdel, Inc. 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
223
Participants Below avg headcount
67th
Percentile by assets National rank
$67,043
Avg per participant Below avg balance/head
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Official DOL plan name: Hanwha Azdel, Inc. Employee Savings Plan · Sponsored by Hanwha Azdel, Inc. · Virginia · Manufacturing

$15M in assets, 223 participants

Hanwha Azdel, Inc.'s Hanwha Azdel, Inc. Employee Savings Plan reported $15M in total assets and 223 participants in its 2023 DOL Form 5500 filing, ranking in the 67th 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.

  • #10,401 in Manufacturing (18,722 peers)

Coverage in Virginia

Hanwha Azdel, Inc. Employee Savings Plan covers 223 participants in Virginia, about 29% of the average Virginia filer (state average ~782 per filing). Assets: $15M.

#10,401
in Manufacturing (18,722 peers)
+24.8%
assets growth YoY

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 2023 · DOL Form 5500

$14,950,588 Top 33% higher than 67% of 127,068 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 2023

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

Plan-year 2023 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 (223 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hanwha Azdel, Inc. Employee Savings Plan reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Hanwha Azdel, Inc. Employee Savings Plan end-of-year assets rose from $12M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • Hanwha Azdel, Inc. Employee Savings Plan reported participants rose from 219 in the plan year 2022 filing to 223 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 561529693 · Hanwha Azdel, Inc. PY 2023 · 401(k)

Hanwha Azdel, Inc. Employee Savings Plan · $15M · 223 · 67th

  • EBSA $15M
  • PART 223
  • TYPE 67th
  • NET 401(k)
  • BOOK near Jesse Stutts, Inc. Profit Sharing Plan
  • VS-ST ind #10401

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 …$15MJesse Stutts, Inc. Profit Sharing PlanJesse Stutts, Inc. Profit Sh…$15MH.a.S.C., Inc. 401(k) Plan$15MAlpine Management Services III 401(k) Profit Sharing Plan & TrustAlpine Management Services I…$15MNew Orleans Physician Services, Inc. 401(k) PlanNew Orleans Physician Servic…$15M
End-of-year total assets ($M) among Hanwha Azdel, Inc. Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$15M
Net Income$3M
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. -50000050000100000150000 -10010203040 Total assets ($B) Participants Hanwha Azdel, Inc. Employee Savings Plan, Total assets ($B): 0.014950588 · Participants: 223Hanwha Azdel, Inc. Employee Savings PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Hanwha Azdel, Inc. Employee Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Hanwha Azdel, Inc. Employee Savings Plan side-by-side with 3 peers →

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 Jesse Stutts, Inc. Profit Sharing Plan in AL ($15M); by covered participants it is Pizza Wholesale of Lexington, Inc. 401(k)Retirement Savings Plan in KY (223 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (223 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
Hanwha Azdel, Inc. Employee Savings Plan grew sharply - up 24.8% during 2023, from $12M to $15M. Reported net income was $3M.
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 Jesse Stutts, Inc. Profit Sharing Plan in AL ($15M, 192 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 Pizza Wholesale of Lexington, Inc. 401(k)Retirement Savings Plan in KY (223 participants, $13M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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.