Other
2024 plan-year Other DOL Form 5500

Wise Alloys LLC Pension Plan for Hourly Employees

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Constellium Muscle Shoals LLC · Alabama · Manufacturing

What the 2023 filing shows

Wise Alloys LLC Pension Plan for Hourly Employees holds $24M for 122 participants — about $194,216 per participant, down 4.1% over the 2024 plan year.

$24M
total plan assets (2024 EOY)
122
covered participants
$194,216
avg assets per participant
-4.1%
assets change YoY

The plan reported a net loss of $1M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$24M
Participants
122
State
Industry
Manufacturing

What the Filing Says About Wise Alloys LLC Pension Plan for Hourly Employees

Wise Alloys LLC Pension Plan for Hourly Employees is a Other retirement plan sponsored by Constellium Muscle Shoals LLC, headquartered in Alabama. As of the 2024 Form 5500 filing, the plan reports $24M in total end-of-year assets and covers 122 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 522139172, and the plan has been effective since 2000-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $25M at the beginning of 2024 to $24M at year-end — a decline of 4.1%. Net assets (after liabilities) closed the year at $24M, with reported net income of $-1,000,988 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$25M
Total Assets (End of Year)$24M
Net Assets (End of Year)$24M
Net Income$-1,000,988
Plan TypeOther
Employer EIN522139172
Plan Effective Date2000-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Constellium Muscle Shoals LLC)

Year Plans Participants Total Assets
2022 3 1,339 $123M
2023 2 791 $25M
2024 1 122 $24M

Nearby Other Plans in Alabama

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Wise Alloys LLC Pension Plan for Hourly Employees?
As of the 2024 Form 5500 filing, Wise Alloys LLC Pension Plan for Hourly Employees holds $24M in total assets with 122 participants. It is sponsored by Constellium Muscle Shoals LLC.
What type of plan is Wise Alloys LLC Pension Plan for Hourly Employees?
Wise Alloys LLC Pension Plan for Hourly Employees is a Other plan. It has been effective since 2000-04-01. The plan is filed with the U.S. Department of Labor under EIN 522139172.
Who sponsors the Wise Alloys LLC Pension Plan for Hourly Employees?
Wise Alloys LLC Pension Plan for Hourly Employees is sponsored by Constellium Muscle Shoals LLC, located in Alabama. The sponsor's EIN is 522139172 and the plan operates in the Manufacturing industry.
How did Wise Alloys LLC Pension Plan for Hourly Employees perform in 2024?
Wise Alloys LLC Pension Plan for Hourly Employees declined by 4.1% during 2024, moving from $25M to $24M in total assets. Net income was $-1,000,988.
Where can I find official filings for Wise Alloys LLC Pension Plan for Hourly Employees?
Official Form 5500 filings for Wise Alloys LLC Pension Plan for Hourly Employees are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 522139172 or plan name at efast.dol.gov.
How does Wise Alloys LLC Pension Plan for Hourly Employees compare to other plans?
You can compare Wise Alloys LLC Pension Plan for Hourly Employees against other Other plans on the plan type page, or view plans in Alabama on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 522139172.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.