401(k) · DOL Form 5500 · 2022

Volvo Car USA LLC 401(k) Plan

Data updated 2026-08-25

$228M
Total assets Near avg plan size
2,011
Participants Near avg headcount
96th
Percentile by assets National rank
$113,288
Avg per participant Below avg balance/head
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Official DOL plan name: Volvo Cars Employees' Savings Trust Plan · Sponsored by Volvo Car USA LLC · New Jersey · Manufacturing

$228M in assets, 2,011 participants

Volvo Car USA LLC's Volvo Cars Employees' Savings Trust Plan reported $228M in total assets and 2,011 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • #19,302 in Manufacturing (20,602 peers)

Coverage in New Jersey

Volvo Cars Employees' Savings Trust Plan covers 2,011 participants in New Jersey, 2.4x the typical New Jersey plan (state average ~844 per filing). Assets: $228M.

#19,302
in Manufacturing (20,602 peers)
-21.3%
assets change YoY
2.3×
vs typical plan assets (national mean)

The plan reported a net loss of $62M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Volvo Cars Employees' Savings Trust Plan's outsized position by total assets

Volvo Cars Employees' Savings Trust Plan vs every filed plan by assets

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

$227,822,691 Top 4% higher than 96% 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

Volvo Cars Employees' Savings Trust Plan'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. Volvo Cars Employees' Savings Trust Plan lands in the large band (2,011 participants).

Form 5500 schedule snapshot

Filing strip 474903750 · Volvo Car USA LLC PY 2022 · 401(k)

Volvo Cars Employees' Savings Trust Plan · $228M · 2,011 · 96th

  • TYPE $228M
  • TYPE 2,011
  • TYPE 96th
  • TYPE 401(k)
  • TYPE near Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan
  • TYPE ind #19302

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 New Jersey →

Volvo Cars Employees' Savings Trust Plan in the asset neighbourhood

Rockland Trust Co Ee Savings Ps and Stock Ownership PlanRockland Trust Co Ee Savings…$228MVolvo Cars Employees' Savings Trust PlanVolvo Cars Employees' Saving…$228MHyundai Motor Manufacturing Alabama, LLC 401(k) PlanHyundai Motor Manufacturing …$228MSysmex America, Inc. Profit Sharing and 401(k) PlanSysmex America, Inc. Profit …$228MPath Profit Sharing 401(k) Incentive PlanPath Profit Sharing 401(k) I…$228M
End-of-year total assets ($M) among Volvo Cars Employees' Savings Trust Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

New Jersey filing particulars

Total Assets (Beginning of Year)$289M
Net Assets (End of Year)$228M
Net Income-$62M
Employer EIN474903750
Plan Effective Date1999-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Volvo Car USA LLC)

Sponsor-wide plan assets over time

All Volvo Car USA LLC plans reported in each filing year

Latest sponsor-wide plan assets
$371M 35.516766569685586% vs 2022
2024 filing year
$250M$300M$350M$400M 202220232024 $274M $371M ▲ +35.5%
Year Plans Participants Total Assets
2022 2 2,148 $274M
2023 2 2,453 $318M
2024 2 2,921 $371M

Nearby 401(k) Plans in New Jersey

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

Volvo Cars Employees' Savings Trust Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Volvo Cars Employees' Savings Trust Plan, Total assets ($B): 0.227822691 · Participants: 2011Volvo Cars Employees' Savings Trust PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 36.787229834 · Participants: 168280JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 25.16607858 · Participants: 76788Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 21.189900271 · Participants: 43271Johnson and Johnson Savings PlanPfizer Savings Plan, Total assets ($B): 17.828820505 · Participants: 27796Pfizer Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 12.40459021 · Participants: 52975Ernst & Young Retirement Savings Plan
Volvo Cars Employees' Savings Trust Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Volvo Cars Employees' Savings Trust Plan side-by-side with 3 peers →

Volvo Cars Employees' Savings Trust Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan in AL ($228M); by covered participants it is Infineon Technologies Savings Plan in CA (2,011 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,011 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 Volvo Cars Employees' Savings Trust Plan assets move in 2022? ▼
Volvo Cars Employees' Savings Trust Plan declined sharply - down 21.3% during 2022, from $289M to $228M. Reported net income was -$62M.
How have Volvo Car USA LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Volvo Car USA LLC's sponsor-wide assets grew 35.5%, from $274M to $371M.
Where does Volvo Cars Employees' Savings Trust Plan rank by assets among Form 5500 filers? ▼
Volvo Cars Employees' Savings Trust Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Volvo Cars Employees' Savings Trust Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan in AL ($228M, 3,873 participants).
Which 401(k) plans cover a similar participant headcount to Volvo Cars Employees' Savings Trust Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Infineon Technologies Savings Plan in CA (2,011 participants, $641M 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 474903750.

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.