DFX Intelligence
Allocator Intelligence
The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.
Corporate pension
Novelis Pension Plan
Corporate pensionAtlanta, GA
Assets
$378M
Total assets, Dec 31, 2024 reported
Funded
100.0%
Jan 1, 2024
Private markets target
n/a
policy Dec 31, 2024
Commitments
0
1 managers on Schedule C
Plan sponsor: Novelis Corporation
Allocation policy
Form 5500, as of Dec 31, 2024
Actual allocation lines without a target (as filed)
- Master trust investment accounts 99.9%
Consultants and advisers
4 firms
- Capfinancial Partners, LLC General consultantthrough Dec 31, 2022 Form 5500
- Principal Directed trusteethrough Dec 31, 2024 Form 5500
- Wells Fargo Bank Directed trusteethrough Dec 31, 2022 Form 5500
- Willis Towers Watson US LLC Actuarythrough Dec 31, 2022 Form 5500
People
No investment staff or executives have been read for this allocator yet.
Manager roster
2 managers on Schedule C
From Schedule C (investment management, code 28)
- Capfinancial Partners, LLCplan years 2024
- Mercer Investments LLCplan years 2022
Commitments
No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.
Size and funding
33 readings
Form 5500 filings
3 plan years
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2024 to Dec 31, 2024 | 1,266 | $397M | $437M | 100.0% | $378M | n/a | $378M | n/a |
| 2023 to Dec 31, 2023 | 1,287 | $382M | $438M | 95.9% | $398M | n/a | $394M | n/a |
| 2022 to Dec 31, 2022 | 1,289 | $526M | $429M | 117.3% | $382M | n/a | $376M | n/a |
Service providers and investment entities as filed (Schedule C and D, latest year first)
- Mercer Investments LLC codes 28 51 52 $1.2M PY2024
- Captrust Financial Advisors codes 28 51 $38,117 PY2024
- Principal codes 25 50 $32,807 PY2024
- Frazier & Deeter codes 10 50 $12,000 PY2024
- Novelis Master Retirement Trust Sched. D M $378M PY2024
- Willis Towers Watson US LLC codes 11 PY2024
- Mercer Investments LLC codes 51 52 $1.5M PY2023
- Captrust Financial Advisors codes 16 17 $124,495 PY2023
- Wells Fargo Bank, Na codes 25 $30,938 PY2023
- Frazier & Deeter codes 10 $2,500 PY2023
- Novelis Master Retirement Trust Sched. D M $394M PY2023
- Willis Towers Watson US LLC codes 11 PY2023
- Mercer Investments LLC codes 51 52 $2.2M PY2022
- Captrust Financial Advisors codes 16 17 $483,314 PY2022
- Wells Fargo Bank, Na codes 25 $32,724 PY2022
- Frazier & Deeter codes 10 $15,100 PY2022
- Novelis Master Retirement Trust Sched. D M $376M PY2022
- Willis Towers Watson US LLC codes 11 PY2022
What changed
4 events
- Dec 31, 2024Manager relationship startedMercer Investments LLC appears on Novelis Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)with Mercer Investments LLCaskebsa.dol.gov
- Jan 1, 2024Funded status changedNovelis Pension Plan funded ratio 95.9% -> 100.0% (2023-01-01 to 2024-01-01)
- Jan 1, 2023Funded status changedNovelis Pension Plan funded ratio 117.3% -> 95.9% (2022-01-01 to 2023-01-01)
- Jan 1, 2023Assets changedNovelis Pension Plan plan assets $526M -> $382M (-27.3%, 2022-01-01 to 2023-01-01)
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 412098321-001
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.