Defined Benefit (Pension) · DOL Form 5500 · 2024

Novelis Corporation Pension Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
71
Participants Small participant base
73rd
Percentile by assets National rank
$330,609
Avg per participant High balance/head
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Official DOL plan name: Novelis Fairmont Hourly Pension Plan · Sponsored by Novelis Corporation · Georgia · Manufacturing

$23M in assets, 71 participants

Novelis Corporation's Novelis Fairmont Hourly Pension Plan reported $23M in total assets and 71 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.

  • #11,263 in Manufacturing (17,777 peers)

Novelis Corporation multi-year trail

Novelis Corporation's plans moved +24.0% in assets from 2022 to 2024; this filing shows Novelis Fairmont Hourly Pension Plan at $23M / 71 participants.

#11,263
in Manufacturing (17,777 peers)
-6.6%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Novelis Fairmont Hourly Pension Plan's outsized position by total assets

Novelis Fairmont Hourly Pension Plan vs every filed plan by assets

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

$23,473,265 Top 27% higher than 73% 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

Novelis Fairmont Hourly Pension 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. Novelis Fairmont Hourly Pension Plan is a small filing (71 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Novelis Fairmont Hourly Pension Plan reported net income fell from $671K in the plan year 2023 filing to -$2M in the plan year 2024 filing.
  • Novelis Fairmont Hourly Pension Plan reported participants fell from 79 in the plan year 2023 filing to 71 in the plan year 2024 filing.
  • Novelis Fairmont Hourly Pension Plan end-of-year assets fell from $25M in the plan year 2023 filing to $23M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 412098321 · Novelis Corporation PY 2024 · Defined Benefit (Pension)

Novelis Fairmont Hourly Pension Plan · $23M · 71 · 73rd

  • PCT $23M
  • EIN 71
  • RANK 73rd
  • PHOTO Defined Benefit (Pension)
  • IND near Ravenswood Represented Employee Defined Benefit Plan
  • EOY ind #11263

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 Georgia →

Novelis Fairmont Hourly Pension Plan in the asset neighbourhood

Kph Healthcare Services, Inc. Pension PlanKph Healthcare Services, Inc…$24MSbera Pension Plan as Adopted by Pentucket BankSbera Pension Plan as Adopte…$24MNovelis Fairmont Hourly Pension PlanNovelis Fairmont Hourly Pens…$23MRavenswood Represented Employee Defined Benefit PlanRavenswood Represented Emplo…$23MKikkoman Foods, Inc. Pension PlanKikkoman Foods, Inc. Pension…$23M
End-of-year total assets ($M) among Novelis Fairmont Hourly Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Novelis Corporation multi-year asset trail

Sponsor-wide plan assets over time

All Novelis Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$1.9B 24.015846012476104% vs 2022
2024 filing year
$1.4B$1.6B$1.8B$2B 202220232024 $1.56B $1.94B ▲ +24.4%
Year Plans Participants Total Assets
2022 5 5,607 $1.6B
2023 5 5,993 $1.8B
2024 5 6,001 $1.9B

Novelis Corporation filing trail (2024)

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$23M
Net Income-$2M
Employer EIN412098321
Plan Effective Date1950-12-21
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Georgia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Novelis Fairmont Hourly Pension Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -50510152025 Total assets ($B) Participants Novelis Fairmont Hourly Pension Plan, Total assets ($B): 0.023473265 · Participants: 71Novelis Fairmont Hourly Pension PlanUPS Retirement Plan, Total assets ($B): 21.2364871 · Participants: 43465UPS Retirement PlanThe Southern Company Pension Plan, Total assets ($B): 15.319238036 · Participants: 25843The Southern Company Pension PlanUPS/Ibt Full-Time Employee Pension Plan, Total assets ($B): 12.219463258 · Participants: 69627UPS/Ibt Full-Time Employee Pension PlanUPS Pension Plan, Total assets ($B): 9.280234765 · Participants: 157587UPS Pension PlanDelta Retirement Plan, Total assets ($B): 7.253434311 · Participants: 15222Delta Retirement Plan
Novelis Fairmont Hourly Pension Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants
Compare Novelis Fairmont Hourly Pension Plan side-by-side with 3 peers →

Novelis Fairmont Hourly Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Georgia, the nearest Defined Benefit (Pension) by assets is Ravenswood Represented Employee Defined Benefit Plan in CA ($23M); by covered participants it is The Retirement Plan of Dime Bank in CT (71 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (71 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 Novelis Fairmont Hourly Pension Plan assets move in 2024? ▼
Novelis Fairmont Hourly Pension Plan pulled back noticeably - down 6.6% during 2024, from $25M to $23M. Reported net income was -$2M.
How have Novelis Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Novelis Corporation's sponsor-wide assets grew 24.0%, from $1.6B to $1.9B.
Which Defined Benefit (Pension) plans are similar in size to Novelis Fairmont Hourly Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ravenswood Represented Employee Defined Benefit Plan in CA ($23M, 96 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Novelis Fairmont Hourly Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Retirement Plan of Dime Bank in CT (71 participants, $48M 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 412098321.

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.