Defined Benefit (Pension) · DOL Form 5500 · 2024

Hanwha Azdel, Inc. Pension Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
31
Participants Small participant base
58th
Percentile by assets National rank
$353,164
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, 31 participants

Hanwha Azdel, Inc.'s Azdel, Inc. Retirement Plan reported $11M in total assets and 31 participants in its 2024 DOL Form 5500 filing, ranking in the 58th 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.

  • #7,829 in Manufacturing (17,777 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 / 31 participants.

#7,829
in Manufacturing (17,777 peers)
+1.9%
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 2024 · DOL Form 5500

$10,948,093 Top 42% higher than 58% of 123,620 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 2024

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

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Azdel, Inc. Retirement Plan is a small filing (31 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Azdel, Inc. Retirement Plan reported net income fell from $515K in the plan year 2023 filing to $204K in the plan year 2024 filing.
  • Azdel, Inc. Retirement Plan reported participants fell from 32 in the plan year 2023 filing to 31 in the plan year 2024 filing.
  • Azdel, Inc. Retirement Plan end-of-year assets rose from $11M in the plan year 2023 filing to $11M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 561529693 · Hanwha Azdel, Inc. PY 2024 · Defined Benefit (Pension)

Azdel, Inc. Retirement Plan · $11M · 31 · 58th

  • ASSETS $11M
  • ASSETS 31
  • ASSETS 58th
  • ASSETS Defined Benefit (Pension)
  • ASSETS near National Elevator Industry Fund Office Employees Defined Benefit Pension Plan
  • ASSETS ind #7829

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

Azdel, Inc. Retirement Plan$11MNational Elevator Industry Fund Office Employees Defined Benefit Pension PlanNational Elevator Industry F…$11MRetirement Plan for Hourly Employees Lehigh Cement Company LPRetirement Plan for Hourly E…$11MPension Plan for Hollister-Whitney Elevator Corporation Union EmployeesPension Plan for Hollister-W…$11MAmersham Health Inc. Puerto Rico Pension PlanAmersham Health Inc. Puerto …$11M
End-of-year total assets ($M) among Azdel, Inc. Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

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 (2024)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$11M
Net Income$204K
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 -505101520 Total assets ($B) Participants Azdel, Inc. Retirement Plan, Total assets ($B): 0.010948093 · Participants: 31Azdel, Inc. Retirement PlanNorthrop Grumman Pension Plan, Total assets ($B): 18.781759216 · Participants: 12678Northrop Grumman Pension PlanRetirement Security Plan, Total assets ($B): 11.481735153 · Participants: 56633Retirement Security PlanSheet Metal Workers' National Pension Fund, Total assets ($B): 8.902237059 · Participants: 63530Sheet Metal Workers' National Pension FundNg Space&mission Systems Corp Salaried Pension Pla, Total assets ($B): 8.398702873 · Participants: 6737Ng Space&mission Systems Corp Salaried Pension PlaDominion Energy Pension Plan, Total assets ($B): 8.332769083 · Participants: 11758Dominion 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 National Elevator Industry Fund Office Employees Defined Benefit Pension Plan in PA ($11M); by covered participants it is Sbera Pension Plan as Adopted by Walpole Co-Operative Bank in MA (31 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2024. 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 2024? ▼
Azdel, Inc. Retirement Plan edged up modestly - up 1.9% during 2024, from $11M to $11M. Reported net income was $204K.
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 National Elevator Industry Fund Office Employees Defined Benefit Pension Plan in PA ($11M, 105 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 Sbera Pension Plan as Adopted by Walpole Co-Operative Bank in MA (31 participants, $13M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.