401(k) · DOL Form 5500 · 2023

Akzo Nobel Inc. 401(k) Plan

Data updated 2026-08-11

$788M
Total assets
2,476
Participants
98th
Percentile by assets
$318,328
Avg per participant
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Official DOL plan name: Akzonobel Retirement Savings Plan · Sponsored by Akzo Nobel Inc. · Tennessee · Manufacturing

$788M in assets, 2,476 participants

Akzo Nobel Inc.'s Akzonobel Retirement Savings Plan reported $788M in total assets and 2,476 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 127,072 plans)
  • #18,159 in Manufacturing (18,722 peers)

Coverage in Tennessee

Akzonobel Retirement Savings Plan covers 2,476 participants in Tennessee, 2.2x the typical Tennessee plan (state average ~1,126 per filing). Assets: $788M.

$788M
total plan assets (2023 EOY)
2,476
covered participants
98th
percentile by assets (of 127,072 plans)
$318,328
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Akzonobel Retirement Savings Plan reported net income rose from -$194M in the plan year 2022 filing to $57M in the plan year 2023 filing.
  • Akzonobel Retirement Savings Plan end-of-year assets rose from $731M in the plan year 2022 filing to $788M in the plan year 2023 filing.
  • Akzonobel Retirement Savings Plan reported participants rose from 2,345 in the plan year 2022 filing to 2,476 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Akzonobel Retirement Savings Plan reports 2,476 participants - 2.2x that state average ($788M EOY assets).

Tennessee filing particulars

Total Assets (Beginning of Year)$731M
Net Assets (End of Year)$788M
Net Income$57M
Employer EIN561349341
Plan Effective Date1984-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Akzo Nobel Inc.)

$800M$850M$900M$950M$1,000M 202220232024 $895M $837M ▼ -6.4%
Total plan assets by year, all Akzo Nobel Inc. plans on file
Year Plans Participants Total Assets
2022 3 3,090 $895M
2023 3 3,185 $949M
2024 2 2,725 $837M

Nearby 401(k) Plans in Tennessee

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Akzonobel Retirement Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Akzonobel Retirement Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Akzonobel Retirement…Fedex Corporation Re…Hca 401(k) PlanFederal Express Corp…International Paper …Chs/Community Health…
Akzonobel Retirement Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Akzonobel Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Akzonobel Retirement Savings Plan assets move in 2023?
Akzonobel Retirement Savings Plan grew at a solid clip - up 7.8% during 2023, from $731M to $788M. Reported net income was $57M.
How have Akzo Nobel Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Akzo Nobel Inc.'s sponsor-wide assets declined 6.4%, from $895M to $837M.
Where does Akzonobel Retirement Savings Plan rank by assets among Form 5500 filers?
Akzonobel Retirement Savings Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Akzonobel Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Synovus 401(k) Savings Plan in GA ($788M, 5,132 participants).

Next read for Akzonobel Retirement Savings Plan

Filing takeaways

Ways to act on Akzonobel Retirement Savings Plan's numbers.