401(k) · DOL Form 5500 · 2022
Volvo Car USA LLC 401(k) Plan
Data updated 2026-08-11
- $228M
- Total assets
- 2,011
- Participants
- 96th
- Percentile by assets
- $113,288
- Avg per participant
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.
- 96th percentile by assets (of 139,126 plans)
- #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.
- $228M
- total plan assets (2022 EOY)
- 2,011
- covered participants
- 96th
- percentile by assets (of 139,126 plans)
- $113,288
- avg assets per participant
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.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. Volvo Cars Employees' Savings Trust Plan reports 2,011 participants - 2.4x that state average ($228M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $289M |
|---|---|
| Net Assets (End of Year) | $228M |
| Net Income | -$62M |
| Employer EIN | 474903750 |
| Plan Effective Date | 1999-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Volvo Car USA LLC)
| 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
- JPMorgan Chase 401(k) Savings Plan $36.8B · 168,280
- Verizon Savings Plan for Management Employees $25.2B · 76,788
- Johnson and Johnson Savings Plan $21.2B · 43,271
- Pfizer Savings Plan $17.8B · 27,796
- Ernst & Young Retirement Savings Plan $12.4B · 52,975
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Volvo Cars Employees' Savings Trust Plan by total assets, not by location.
- Hyundai Motor Manufacturing Alabama, LLC 401(k) Plan (AL) $228M · 3,873
- Sysmex America, Inc. Profit Sharing and 401(k) Plan (IL) $228M · 1,075
- Path Profit Sharing 401(k) Incentive Plan (WA) $228M · 571
- Rockland Trust Co Ee Savings Ps and Stock Ownership Plan (MA) $228M · 1,693
Frequently Asked Questions
How did Volvo Cars Employees' Savings Trust Plan assets move in 2022? ▼
How have Volvo Car USA LLC plan assets changed over time? ▼
Where does Volvo Cars Employees' Savings Trust Plan rank by assets among Form 5500 filers? ▼
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Next read for Volvo Cars Employees' Savings Trust Plan
Filing takeaways
Ways to act on Volvo Cars Employees' Savings Trust Plan's numbers.
- By total assets, Volvo Cars Employees' Savings Trust Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in New Jersey. Compare plans
- Volvo Car USA LLC's sponsor-wide assets have grown 35.5% since 2022 across 3 plan years on file. More Manufacturing plans