Hanwha Azdel 401(k) match, vesting and fees

Plan year 2025 filingHanwha Azdel, Inc. Employee Savings Plan · Plan 002 · EIN 56-1529693Updated Oct 2026

What Hanwha Azdel's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2025 filing reports $417K in employer contributions, about $1,708 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2025 Form 5500 ↗
$86,090
Average account balance
257
Participants (end of year)
$21M
Plan assets (end of year)
0.31%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperEmpower Annuity Insurance Company OSchedule C ↗
Independent auditorGreer Walker, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2025 medians for 3,042 defined-contribution plans in manufacturing with 100 to 499 participants.

Hanwha Azdel: employer contribution per participant$1,708
Peer median$1,962
Hanwha Azdel: average balance$86,090
Peer median$75,225
Hanwha Azdel: admin expenses ÷ assets0.31%
Peer median0.32%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $13.6M at the end of plan year 2021 to $21M at the end of plan year 2025.

$13.6M2021$12M2022$15M2023$17.9M2024$21M2025
End-of-year figures from each plan year's Form 5500 filing for the Hanwha Azdel plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2025257$21M$417K$1,7080.31%Not publishedForm 5500 ↗
2024274$17.9M$414K$1,5580.37%Not publishedForm 5500 ↗
2023269$15M$388K$1,4910.47%Not publishedForm 5500 ↗
2022278$12M$366K$1,3660.50%Not publishedForm 5500 ↗
2021267$13.6M$325K$1,2510.51%Not publishedForm 5500 ↗

Other Hanwha Azdel plans (1)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Azdel, Inc. Retirement Plan

Plan 003 · EIN 56-1529693 · plan year 2024 filing
$37,112
Average account balance
295
Participants (end of year)
$10.9M
Plan assets (end of year)
1.74%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperPrincipal Financial Group, Inc.Schedule C ↗
Independent auditorGreerwalker LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · FrozenForm 5500 ↗

Common questions

Does Hanwha Azdel match 401(k) contributions?

The match terms for the Hanwha Azdel, Inc. Employee Savings Plan have not been published from its filing yet. The plan year 2025 filing reports $417K in employer contributions, about $1,708 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Hanwha Azdel 401(k) match vested?

The vesting schedule for the Hanwha Azdel, Inc. Employee Savings Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Hanwha Azdel 401(k)?

The recordkeeper listed on Schedule C of the plan year 2025 filing is Empower Annuity Insurance Company O. The plan administrator is Hanwha Azdel, Inc..

I left Hanwha Azdel. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Hanwha Azdel, Inc., (434) 386-4011) or the recordkeeper, Empower Annuity Insurance Company O. The Hanwha Azdel old 401(k) page lists the contacts from every plan filing. Find an old Hanwha Azdel 401(k)

Data from the public Form 5500 annual reports Hanwha Azdel filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Hanwha Azdel. Not financial advice. Report a correction · Methodology