Defined Benefit (Pension) · DOL Form 5500 · 2024

Novelis Corporation Pension Plan

Data updated 2026-08-25

$34M
Total assets Below avg plan size
94
Participants Small participant base
79th
Percentile by assets National rank
$363,924
Avg per participant High balance/head
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Official DOL plan name: Novelis Terre Haute Hourly Pension Plan · Sponsored by Novelis Corporation · Georgia · Manufacturing

$34M in assets, 94 participants

Novelis Corporation's Novelis Terre Haute Hourly Pension Plan reported $34M in total assets and 94 participants in its 2024 DOL Form 5500 filing, ranking in the 79th 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.

  • #12,670 in Manufacturing (17,777 peers)

Where Novelis Terre Haute Hourly Pension Plan sits by assets

Novelis Terre Haute Hourly Pension Plan sits in the top quartile of all filed plans by assets, $34M for 94 participants (~$363,924/participant), down 7.7% in 2024.

#12,670
in Manufacturing (17,777 peers)
-7.7%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Novelis Terre Haute Hourly Pension Plan's outsized position by total assets

Novelis Terre Haute Hourly Pension Plan vs every filed plan by assets

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

$34,208,883 Top 21% higher than 79% 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 Terre Haute 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 Terre Haute Hourly Pension Plan is a small filing (94 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Novelis Terre Haute Hourly Pension Plan reported net income fell from -$481K in the plan year 2023 filing to -$3M in the plan year 2024 filing.
  • Novelis Terre Haute Hourly Pension Plan end-of-year assets fell from $37M in the plan year 2023 filing to $34M in the plan year 2024 filing.
  • Novelis Terre Haute Hourly Pension Plan reported participants fell from 101 in the plan year 2023 filing to 94 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 Terre Haute Hourly Pension Plan · $34M · 94 · 79th

  • SCH $34M
  • EBSA 94
  • PART 79th
  • TYPE Defined Benefit (Pension)
  • NET near Orthocarolina Cash Balance Pension Plan
  • BOOK ind #12670

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 Terre Haute Hourly Pension Plan in the asset neighbourhood

Orthocarolina Cash Balance Pension PlanOrthocarolina Cash Balance P…$34MFood Pantry, Ltd. Pension PlanFood Pantry, Ltd. Pension Pl…$34MNovelis Terre Haute Hourly Pension PlanNovelis Terre Haute Hourly P…$34MStaff Retirement Plan of the Excavators Union Local 731Staff Retirement Plan of the…$34MMedical Group of Beverly Hills, Inc. Defined Benefit Pension PlanMedical Group of Beverly Hil…$34M
End-of-year total assets ($M) among Novelis Terre Haute Hourly Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$37M
Net Assets (End of Year)$34M
Net Income-$3M
Employer EIN412098321
Plan Effective Date1984-01-02
Filing StatusFILING RECEIVED

Sponsor Plan History (Novelis Corporation)

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

Nearby Defined Benefit (Pension) Plans in Georgia

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

Novelis Terre Haute Hourly Pension Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -50510152025 Total assets ($B) Participants Novelis Terre Haute Hourly Pension Plan, Total assets ($B): 0.034208883 · Participants: 94Novelis Terre Haute 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 Terre Haute Hourly Pension Plan vs. nearby Defined Benefit (Pension) plans in Georgia, assets vs. participants
Compare Novelis Terre Haute Hourly Pension Plan side-by-side with 3 peers →

Novelis Terre Haute 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 Orthocarolina Cash Balance Pension Plan in NC ($34M); by covered participants it is Rand-Whitney Retirement Plan for Members of Bargaining Units in MA (94 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (94 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 Terre Haute Hourly Pension Plan assets move in 2024? ▼
Novelis Terre Haute Hourly Pension Plan pulled back noticeably - down 7.7% during 2024, from $37M to $34M. Reported net income was -$3M.
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.
Where does Novelis Terre Haute Hourly Pension Plan rank by assets among Form 5500 filers? ▼
Novelis Terre Haute Hourly Pension Plan ranks in the 79th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Novelis Terre Haute Hourly Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Orthocarolina Cash Balance Pension Plan in NC ($34M, 120 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Novelis Terre Haute Hourly Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Rand-Whitney Retirement Plan for Members of Bargaining Units in MA (94 participants, $4M 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.