401(k) · DOL Form 5500 · 2022

Volvo Group North America, LLC 401(k) Plan

Data updated 2026-08-25

$107M
Total assets Near avg plan size
3,153
Participants Above avg headcount
93rd
Percentile by assets National rank
$33,939
Avg per participant Low balance/head
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Official DOL plan name: Voluntary Investment Pretax Plan for the Vgna Union Employees · Sponsored by Volvo Group North America, LLC · North Carolina · Manufacturing

$107M in assets, 3,153 participants

Volvo Group North America, LLC's Voluntary Investment Pretax Plan for the Vgna Union Employees reported $107M in total assets and 3,153 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #18,436 in Manufacturing (20,602 peers)

Coverage in North Carolina

Voluntary Investment Pretax Plan for the Vgna Union Employees covers 3,153 participants in North Carolina, 3.8x the typical North Carolina plan (state average ~819 per filing). Assets: $107M.

#18,436
in Manufacturing (20,602 peers)
-13.0%
assets change YoY
1.1×
vs typical plan assets (national mean)

The plan reported a net loss of $15M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Voluntary Investment Pretax Plan for the Vgna Union Employees's outsized position by total assets

Voluntary Investment Pretax Plan for the Vgna Union Employees vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$107,010,714 Top 7% higher than 93% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Voluntary Investment Pretax Plan for the Vgna Union Employees's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Voluntary Investment Pretax Plan for the Vgna Union Employees lands in the large band (3,153 participants).

Published 5500 schedule card

Filing strip 582431188 · Volvo Group North America, LLC PY 2022 · 401(k)

Voluntary Investment Pretax Plan for the Vgna Union Employees · $107M · 3,153 · 93rd

  • 5500 $107M
  • ASSETS 3,153
  • PCT 93rd
  • EIN 401(k)
  • RANK near Steel Warehouse, Lock Joint Tube and Sfi Consolidated Profit Sharing Plan
  • PHOTO ind #18436

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in North Carolina →

Voluntary Investment Pretax Plan for the Vgna Union Employees in the asset neighbourhood

Voluntary Investment Pretax Plan for the Vgna Union EmployeesVoluntary Investment Pretax …$107MSteel Warehouse, Lock Joint Tube and Sfi Consolidated Profit Sharing PlanSteel Warehouse, Lock Joint …$107MHutchinson Clinic, P.a. Employees' 401(k) Profit Sharing Plan and TrustHutchinson Clinic, P.a. Empl…$107MMane Retirement Plan$107MInframark 401(k) Savings Plan$107M
End-of-year total assets ($M) among Voluntary Investment Pretax Plan for the Vgna Union Employees and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$123M
Net Assets (End of Year)$107M
Net Income-$15M
Employer EIN582431188
Plan Effective Date1994-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Volvo Group North America, LLC)

Sponsor-wide plan assets over time

All Volvo Group North America, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$2.2B 26.43246042441232% vs 2022
2024 filing year
$1.6B$1.8B$2B$2.2B$2.4B 202220232024 $1.77B $2.24B ▲ +26.6%
Year Plans Participants Total Assets
2022 5 15,485 $1.8B
2023 5 13,628 $2.0B
2024 5 13,266 $2.2B

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Voluntary Investment Pretax Plan for the Vgna Union Employees vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Voluntary Investment Pretax Plan for the Vgna Union Employees, Total assets ($B): 0.107010714 · Participants: 3153Voluntary Investment Pretax Plan for the Vgna Union EmployeesThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Voluntary Investment Pretax Plan for the Vgna Union Employees vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Voluntary Investment Pretax Plan for the Vgna Union Employees side-by-side with 3 peers →

Voluntary Investment Pretax Plan for the Vgna Union Employees's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Steel Warehouse, Lock Joint Tube and Sfi Consolidated Profit Sharing Plan in IN ($107M); by covered participants it is Compass Health, Inc. 401(k) Plan in MO (3,152 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,153 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Voluntary Investment Pretax Plan for the Vgna Union Employees assets move in 2022? ▼
Voluntary Investment Pretax Plan for the Vgna Union Employees pulled back noticeably - down 13.0% during 2022, from $123M to $107M. Reported net income was -$15M.
How have Volvo Group North America, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Volvo Group North America, LLC's sponsor-wide assets grew 26.4%, from $1.8B to $2.2B.
Where does Voluntary Investment Pretax Plan for the Vgna Union Employees rank by assets among Form 5500 filers? ▼
Voluntary Investment Pretax Plan for the Vgna Union Employees ranks in the 93rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Voluntary Investment Pretax Plan for the Vgna Union Employees? ▼
Among 401(k) plans in other states, the closest by assets is Steel Warehouse, Lock Joint Tube and Sfi Consolidated Profit Sharing Plan in IN ($107M, 1,708 participants).
Which 401(k) plans cover a similar participant headcount to Voluntary Investment Pretax Plan for the Vgna Union Employees? ▼
Among 401(k) plans in other states, the closest by covered participants is Compass Health, Inc. 401(k) Plan in MO (3,152 participants, $115M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 582431188.

Read our methodology - how this data is sourced, computed, and verified.

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