401(k) · DOL Form 5500 · 2024

Hanwha Azdel, Inc. 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
217
Participants Below avg headcount
68th
Percentile by assets National rank
$82,377
Avg per participant Below avg balance/head
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Official DOL plan name: Hanwha Azdel, Inc. Employee Savings Plan · Sponsored by Hanwha Azdel, Inc. · Virginia · Manufacturing

$18M in assets, 217 participants

Hanwha Azdel, Inc.'s Hanwha Azdel, Inc. Employee Savings Plan reported $18M in total assets and 217 participants in its 2024 DOL Form 5500 filing, ranking in the 68th 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.

  • #10,123 in Manufacturing (17,777 peers)

Coverage in Virginia

Hanwha Azdel, Inc. Employee Savings Plan covers 217 participants in Virginia, about 28% of the average Virginia filer (state average ~782 per filing). Assets: $18M.

#10,123
in Manufacturing (17,777 peers)
+19.6%
assets growth YoY

Hanwha Azdel, Inc. Employee Savings Plan's outsized position by total assets

Hanwha Azdel, Inc. Employee Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$17,875,840 Top 32% higher than 68% 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

Hanwha Azdel, Inc. Employee Savings Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hanwha Azdel, Inc. Employee Savings Plan sits mid-pack in the medium band (217 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hanwha Azdel, Inc. Employee Savings Plan end-of-year assets rose from $15M in the plan year 2023 filing to $18M in the plan year 2024 filing.
  • Hanwha Azdel, Inc. Employee Savings Plan reported participants fell from 223 in the plan year 2023 filing to 217 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 561529693 · Hanwha Azdel, Inc. PY 2024 · 401(k)

Hanwha Azdel, Inc. Employee Savings Plan · $18M · 217 · 68th

  • BOY $18M
  • BOY 217
  • BOY 68th
  • BOY 401(k)
  • BOY near Systel Business Equipment Co., Inc. 401(k) Psp
  • BOY ind #10123

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 →

Hanwha Azdel, Inc. Employee Savings Plan in the asset neighbourhood

Hanwha Azdel, Inc. Employee Savings PlanHanwha Azdel, Inc. Employee …$18MSystel Business Equipment Co., Inc. 401(k) PspSystel Business Equipment Co…$18MAceto US, LLC 401(k) Retirement PlanAceto US, LLC 401(k) Retirem…$18MInterlake Mecalux Inc 401(k) Profit Sharing Plan and TrustInterlake Mecalux Inc 401(k)…$18MPacific Cheese Co., Inc. 401(k) Retirement PlanPacific Cheese Co., Inc. 401…$18M
End-of-year total assets ($M) among Hanwha Azdel, Inc. Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$18M
Net Income$3M
Employer EIN561529693
Plan Effective Date1987-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hanwha Azdel, Inc.)

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

Nearby 401(k) Plans in Virginia

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

Hanwha Azdel, Inc. Employee Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Hanwha Azdel, Inc. Employee Savings Plan, Total assets ($B): 0.01787584 · Participants: 217Hanwha Azdel, Inc. Employee Savings PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
Hanwha Azdel, Inc. Employee Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Hanwha Azdel, Inc. Employee Savings Plan side-by-side with 3 peers →

Hanwha Azdel, Inc. Employee Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Systel Business Equipment Co., Inc. 401(k) Psp in NC ($18M); by covered participants it is Bell Pump Service Company, Inc. 401(k) Profit Sharing Plan in CT (217 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (217 participants); asset peers above are excluded.

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 Hanwha Azdel, Inc. Employee Savings Plan assets move in 2024? ▼
Hanwha Azdel, Inc. Employee Savings Plan grew sharply - up 19.6% during 2024, from $15M to $18M. Reported net income was $3M.
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 401(k) plans are similar in size to Hanwha Azdel, Inc. Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Systel Business Equipment Co., Inc. 401(k) Psp in NC ($18M, 215 participants).
Which 401(k) plans cover a similar participant headcount to Hanwha Azdel, Inc. Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Bell Pump Service Company, Inc. 401(k) Profit Sharing Plan in CT (217 participants, N/A 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.