401(k) · DOL Form 5500 · 2023
Novelis Corp. 401(k) Plan
Data updated 2026-08-25
- $1.3B
- Total assets Very large vs avg
- 5,439
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $242,630
- Avg per participant Above avg balance/head
Official DOL plan name: Novelis Savings and Retirement Plan · Sponsored by Novelis Corp. · Georgia · Manufacturing
$1.3B in assets, 5,439 participants
Novelis Corp.'s Novelis Savings and Retirement Plan reported $1.3B in total assets and 5,439 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- #18,359 in Manufacturing (18,722 peers)
Coverage in Georgia
Novelis Savings and Retirement Plan covers 5,439 participants in Georgia, 5.0x the typical Georgia plan (state average ~1,096 per filing). Assets: $1.3B.
- #18,359
- in Manufacturing (18,722 peers)
- +19.2%
- assets growth YoY
- 13×
- vs typical plan assets (national mean)
Novelis Savings and Retirement Plan's outsized position by total assets
Novelis Savings and Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$1,319,665,603 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Novelis Savings and Retirement Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Novelis Savings and Retirement Plan lands in the large band (5,439 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Novelis Savings and Retirement Plan reported net income rose from -$151M in the plan year 2022 filing to $212M in the plan year 2023 filing.
- Novelis Savings and Retirement Plan end-of-year assets rose from $1.1B in the plan year 2022 filing to $1.3B in the plan year 2023 filing.
- Novelis Savings and Retirement Plan reported participants rose from 5,007 in the plan year 2022 filing to 5,439 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 412098321 · Novelis Corp. PY 2023 · 401(k)
Novelis Savings and Retirement Plan · $1.3B · 5,439 · 99th
- EIN $1.3B
- EIN 5,439
- EIN 99th
- EIN 401(k)
- EIN near Hub International Limited 401(k) Savings Plan
- EIN ind #18359
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 Savings and Retirement Plan in the asset neighbourhood
Georgia filing particulars
| Total Assets (Beginning of Year) | $1.1B |
|---|---|
| Net Assets (End of Year) | $1.3B |
| Net Income | $212M |
| Employer EIN | 412098321 |
| Plan Effective Date | 2005-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Novelis Corp.)
Sponsor-wide plan assets over time
All Novelis Corp. plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.9B 24.015846012476104% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 5 | 5,607 | $1.6B |
| 2023 | 5 | 5,993 | $1.8B |
| 2024 | 5 | 6,001 | $1.9B |
Nearby 401(k) Plans in Georgia
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Teamster - UPS National 401(k) Tax Deferred Savings Plan $17.2B · 510,511
- Delta 401(k) Retirement Plan $16.2B · 83,136
- Delta 401(k) Retirement Plan for Pilots $13.7B · 13,283
- UPS 401(k) Savings Plan $13.1B · 102,231
- The Home Depot Futurebuilder $12.6B · 413,365
Scale composition for Novelis Savings and Retirement Plan
Novelis Savings and Retirement Plan reports $1.3B in end-of-year assets across 5,439 participants (0.011% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $242,630 per participant (1.8x the national average assets-per-participant) . Net income for plan year 2023 was $212M.
This plan identity (EIN 412098321, plan #034) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.1B to $1.5B (+34.7%) while covered participants moved from 5,007 to 5,512 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,007 | $1.1B | Open filing |
| 2023 | 5,439 | $1.3B | This page |
| 2024 · index core | 5,512 | $1.5B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Novelis Savings and Retirement Plan (401(k), $1.5B, 5,512 participants)
- Novelis Pension Plan (Defined Benefit (Pension), $378M, 302 participants)
Novelis Savings and Retirement Plan's out-of-state 401(k) peers by assets and headcount
Outside Georgia, the nearest 401(k) by assets is Hub International Limited 401(k) Savings Plan in IL ($1.3B); by covered participants it is US Acute Care Solutions Profit Sharing/401(k) Plan and Trust in OH (5,438 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.3B here).
- Hub International Limited 401(k) Savings Plan (IL) $1.3B · 11,255
- Wabtec Savings Plan (PA) $1.3B · 11,141
- Clayton Homes, Inc. 401(k) Retirement Plan (TN) $1.3B · 19,824
- Alliant Energy Corporation 401(k) Savings Plan (WI) $1.3B · 3,101
Similar participant headcount
Nearest other-state filings by covered participants (5,439 participants); asset peers above are excluded.
- US Acute Care Solutions Profit Sharing/401(k) Plan and Trust (OH) 5,438 · 1 off
- Univar Solutions 401(k) Plan (IL) 5,442 · 3 off
- Metz Culinary Management, LLC 401(k) Plan (PA) 5,435 · 4 off
- Fullbloom Retirement Savings Plan (PA) 5,445 · 6 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.