Plan Snapshot
- Plan Sponsor: Novelis Alr Aluminum, LLC
- Sponsor EIN: 208451513
- Sponsor Address: 3550 PEACHTREE RD, ATLANTA, GA, 30326
- Plan Type: 401(k)
- Total Participants: 216
- Total Assets: $31.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 216 | $31.3M | $904,095 | $884,938 |
| 2023 | 197 | $30.0M | $817,471 | $783,568 |
| 2022 | 198 | $28.9M | $814,753 | $823,086 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | NONE | $19,059 | — | $19,059 |
| VANGUARD ADVISERS INC. | NONE | $9,188 | — | $9,188 |
| FRAIZER & DEETER, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — NONE
- VANGUARD ADVISERS INC. — NONE
- FRAIZER & DEETER, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $28,247
- Estimated Expense Ratio: 0.090% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $32,518 | — | — | — | — |
| 2023 | $29,185 | — | — | — | — |
| 2022 | $29,630 | — | — | — | — |