Defined Benefit (Pension) · DOL Form 5500 · 2023

Hanwha Azdel, Inc. Pension Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
32
Participants Small participant base
60th
Percentile by assets National rank
$335,850
Avg per participant High balance/head
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Official DOL plan name: Azdel, Inc. Retirement Plan · Sponsored by Hanwha Azdel, Inc. · Virginia · Manufacturing

$11M in assets, 32 participants

Hanwha Azdel, Inc.'s Azdel, Inc. Retirement Plan reported $11M in total assets and 32 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.

  • #8,746 in Manufacturing (18,722 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 $11M / 32 participants.

#8,746
in Manufacturing (18,722 peers)
+4.9%
assets growth YoY

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 2023 · DOL Form 5500

$10,747,215 Top 40% higher than 60% 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

Azdel, Inc. Retirement Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Azdel, Inc. Retirement Plan is a small filing (32 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Azdel, Inc. Retirement Plan reported net income rose from -$2M in the plan year 2022 filing to $515K in the plan year 2023 filing.
  • Azdel, Inc. Retirement Plan reported participants fell from 53 in the plan year 2022 filing to 32 in the plan year 2023 filing.
  • Azdel, Inc. Retirement Plan end-of-year assets rose from $10M in the plan year 2022 filing to $11M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 561529693 · Hanwha Azdel, Inc. PY 2023 · Defined Benefit (Pension)

Azdel, Inc. Retirement Plan · $11M · 32 · 60th

  • 5500 $11M
  • ASSETS 32
  • PCT 60th
  • EIN Defined Benefit (Pension)
  • RANK near Frisch's Restaurants, Inc. Pension Plan
  • PHOTO ind #8746

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

Ret Pl for Barg Ees of Nevada Cement Co Teamster Local 533 and Liuna #169Ret Pl for Barg Ees of Nevad…$11MThe Pension Trust Estate for Shopmen's Local Union No. 473The Pension Trust Estate for…$11MFrisch's Restaurants, Inc. Pension PlanFrisch's Restaurants, Inc. P…$11MEmployees' Defined Benefit Pension Plan of Nuvision Federal Credit UnionEmployees' Defined Benefit P…$11MAzdel, Inc. Retirement Plan$11M
End-of-year total assets ($M) among Azdel, Inc. Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

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 (2023)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$11M
Net Income$515K
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 -50510152025 Total assets ($B) Participants Azdel, Inc. Retirement Plan, Total assets ($B): 0.010747215 · Participants: 32Azdel, Inc. Retirement PlanNorthrop Grumman Pension Plan, Total assets ($B): 19.134846358 · Participants: 13674Northrop Grumman Pension PlanRetirement Security Plan, Total assets ($B): 10.184642779 · Participants: 54171Retirement Security PlanNg Space&mission Systems Corp Salaried Pension Pla, Total assets ($B): 8.450021632 · Participants: 7117Ng Space&mission Systems Corp Salaried Pension PlaSheet Metal Workers' National Pension Fund, Total assets ($B): 8.306466489 · Participants: 61272Sheet Metal Workers' National Pension FundDominion Energy Pension Plan, Total assets ($B): 7.570958933 · Participants: 12263Dominion Energy Pension Plan
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 Frisch's Restaurants, Inc. Pension Plan in OH ($11M); by covered participants it is Winholt Equipment Corporation Defined Benefit Plan in NY (32 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (32 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 Azdel, Inc. Retirement Plan assets move in 2023? ▼
Azdel, Inc. Retirement Plan edged up modestly - up 4.9% during 2023, from $10M to $11M. Reported net income was $515K.
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 Frisch's Restaurants, Inc. Pension Plan in OH ($11M, 166 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 Winholt Equipment Corporation Defined Benefit Plan in NY (32 participants, $3M 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.