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 Fairmont Hourly Pension Plan

Corporate pensionAtlanta, GA
Assets
$23.5M
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 99.7%
Consultants and advisers
4 firms
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)
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
Total assets
$23.5M Dec 31, 2024 reported Form 5500
$25.1M (2023-12) · $24.5M (2022-12)
Plan assets
$25.1M Jan 1, 2024 reported Form 5500
$24.4M (2023-01) · $33.6M (2022-01)
Net assets
$23.5M Dec 31, 2024 reported Form 5500
$25.1M (2023-12) · $24.5M (2022-12)
Funded ratio
100.0% Jan 1, 2024 reported Form 5500
96.1% (2023-01) · 115.8% (2022-01)
Funding target
$27.6M Jan 1, 2024 reported Form 5500
$28.0M (2023-01) · $28.1M (2022-01)
Discount rate
5.13% Jan 1, 2024 reported Form 5500
5.26% (2023-01) · 5.43% (2022-01)
Participants
266 Jan 1, 2024 reported Form 5500
271 (2023-01) · 282 (2022-01)
Contributions
$198,153 Dec 31, 2024 reported Form 5500
$609,000 (2023-12) · $1.0M (2022-12)
Benefits paid
$1.9M Dec 31, 2024 reported Form 5500
$1.9M (2023-12) · $1.9M (2022-12)
Net investment income
$-1.7M Dec 31, 2024 reported Form 5500
$670,882 (2023-12) · $-9.1M (2022-12)
Investment management fees
$115,685 Dec 31, 2024 reported Form 5500
$147,940 (2023-12) · $209,581 (2022-12)
Form 5500 filings
3 plan years
Plan yearParticipantsAssets (SB market)Funding targetFTAPTotal assets (H)Partnerships / JVMaster trustReal estate
2024 to Dec 31, 2024266$25.1M$27.6M100.0%$23.5Mn/a$23.4Mn/a
2023 to Dec 31, 2023271$24.4M$28.0M96.1%$25.1Mn/a$24.5Mn/a
2022 to Dec 31, 2022282$33.6M$28.1M115.8%$24.5Mn/a$23.5Mn/a
Service providers and investment entities as filed (Schedule C and D, latest year first)
What changed
4 events
  • Dec 31, 2024Manager relationship started
    Mercer Investments LLC appears on Novelis Fairmont Hourly Pension Plan's Schedule C as investment manager (plan year 2024 vs 2023)
    with Mercer Investments LLCaskebsa.dol.gov
  • Jan 1, 2024Funded status changed
    Novelis Fairmont Hourly Pension Plan funded ratio 96.1% -> 100.0% (2023-01-01 to 2024-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Funded status changed
    Novelis Fairmont Hourly Pension Plan funded ratio 115.8% -> 96.1% (2022-01-01 to 2023-01-01)
    askebsa.dol.gov
  • Jan 1, 2023Assets changed
    Novelis Fairmont Hourly Pension Plan plan assets $34M -> $24M (-27.3%, 2022-01-01 to 2023-01-01)
    askebsa.dol.gov
Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.
Provenance
Identifiers: EIN-PN 412098321-004
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.