401(k) · DOL Form 5500 · 2023

Akzo Nobel Inc. 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
198
Participants Below avg headcount
67th
Percentile by assets National rank
$76,839
Avg per participant Below avg balance/head
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Official DOL plan name: Akzonobel Hourly Savings Plan · Sponsored by Akzo Nobel Inc. · Tennessee · Manufacturing

$15M in assets, 198 participants

Akzo Nobel Inc.'s Akzonobel Hourly Savings Plan reported $15M in total assets and 198 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.

  • #10,480 in Manufacturing (18,722 peers)

Coverage in Tennessee

Akzonobel Hourly Savings Plan covers 198 participants in Tennessee, about 18% of the average Tennessee filer (state average ~1,126 per filing). Assets: $15M.

#10,480
in Manufacturing (18,722 peers)
+20.8%
assets growth YoY

Akzonobel Hourly Savings Plan's outsized position by total assets

Akzonobel Hourly Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$15,214,204 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

Akzonobel Hourly 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. Akzonobel Hourly Savings Plan sits mid-pack in the medium band (198 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Akzonobel Hourly Savings Plan reported net income rose from -$1M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Akzonobel Hourly Savings Plan end-of-year assets rose from $13M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • Akzonobel Hourly Savings Plan reported participants rose from 194 in the plan year 2022 filing to 198 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 561349341 · Akzo Nobel Inc. PY 2023 · 401(k)

Akzonobel Hourly Savings Plan · $15M · 198 · 67th

  • BOOK $15M
  • BOOK 198
  • BOOK 67th
  • BOOK 401(k)
  • BOOK near Index Fund Advisors, Inc. 401(k) Profit Sharing Plan
  • BOOK ind #10480

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 Tennessee →

Akzonobel Hourly Savings Plan in the asset neighbourhood

Akzonobel Hourly Savings Plan$15MIndex Fund Advisors, Inc. 401(k) Profit Sharing PlanIndex Fund Advisors, Inc. 40…$15MAch Employment Services 401(k) PlanAch Employment Services 401(…$15MStereotaxis, Inc. Employees Savings TrustStereotaxis, Inc. Employees …$15MBudnick Converting, Inc. 401(k) PlanBudnick Converting, Inc. 401…$15M
End-of-year total assets ($M) among Akzonobel Hourly Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Tennessee filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$15M
Net Income$3M
Employer EIN561349341
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Akzo Nobel Inc.)

Sponsor-wide plan assets over time

All Akzo Nobel Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$837M 6.447736156714192% vs 2022
2024 filing year
$800M$850M$900M$950M$1,000M 202220232024 $895M $837M ▼ -6.4%
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 Hourly Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Akzonobel Hourly Savings Plan, Total assets ($B): 0.015214204 · Participants: 198Akzonobel Hourly Savings PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 23.88081991 · Participants: 127010Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 21.53517366 · Participants: 291649Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.743557391 · Participants: 5728Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.621886139 · Participants: 12153International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.517708174 · Participants: 62487Chs/Community Health Systems, Inc. Retirement Savings Plan
Akzonobel Hourly Savings Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Akzonobel Hourly Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Index Fund Advisors, Inc. 401(k) Profit Sharing Plan in CA ($15M); by covered participants it is Wampum Hardware Co. Profit Sharing 401(k) Plan in PA (198 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (198 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 Akzonobel Hourly Savings Plan assets move in 2023?
Akzonobel Hourly Savings Plan grew sharply - up 20.8% during 2023, from $13M to $15M. Reported net income was $3M.
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.
Which 401(k) plans are similar in size to Akzonobel Hourly Savings Plan?
Among 401(k) plans in other states, the closest by assets is Index Fund Advisors, Inc. 401(k) Profit Sharing Plan in CA ($15M, 56 participants).
Which 401(k) plans cover a similar participant headcount to Akzonobel Hourly Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Wampum Hardware Co. Profit Sharing 401(k) Plan in PA (198 participants, $39M in assets).