Defined Benefit (Pension) · DOL Form 5500 · 2022

Volvo Group North America LLC Pension Plan

Data updated 2026-08-11

$17M
Total assets
25
Participants
75th
Percentile by assets
$698,115
Avg per participant
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Official DOL plan name: Lewis Center Pension Plan · Sponsored by Volvo Group North America LLC · North Carolina · Manufacturing

$17M in assets, 25 participants

Volvo Group North America LLC's Lewis Center Pension Plan reported $17M in total assets and 25 participants in its 2022 DOL Form 5500 filing, ranking in the 75th 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.

  • 75th percentile by assets (of 139,126 plans)
  • #13,456 in Manufacturing (20,602 peers)

Where Lewis Center Pension Plan sits by assets

Lewis Center Pension Plan sits in the top quartile of all filed plans by assets, $17M for 25 participants (~$698,115/participant), down 23.4% in 2022.

$17M
total plan assets (2022 EOY)
25
covered participants
75th
percentile by assets (of 139,126 plans)
$698,115
avg assets per participant

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Lewis Center Pension Plan sits by total assets

Lewis Center Pension Plan vs every filed plan by assets

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

$17,452,870 Top 25% higher than 75% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
North Carolina
Industry
Manufacturing

Lewis Center Pension Plan vs the 2022 asset distribution

By assets, Lewis Center Pension Plan outranks 75% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$17M
Net Income-$5M
Employer EIN582431188
Plan Effective Date1983-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Volvo Group North America LLC)

$1.6B$1.8B$2B$2.2B$2.4B 202220232024 $1.77B $2.24B ▲ +26.6%
Total plan assets by year, all Volvo Group North America LLC plans on file
Year Plans Participants Total Assets
2022 5 15,485 $1.8B
2023 5 13,628 $2.0B
2024 5 13,266 $2.2B

Nearby Defined Benefit (Pension) Plans in North Carolina

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Lewis Center Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -505101520 Total assets ($B) Participants Lewis Center Pension…, Total assets ($B): 0.01745287 · Participants: 25Lewis Center Pension…Honeywell Retirement…, Total assets ($B): 17.0193439 · Participants: 12452Honeywell Retirement…Truist Financial Cor…, Total assets ($B): 12.462364023 · Participants: 37931Truist Financial Cor…Duke Energy Legacy P…, Total assets ($B): 4.0414 · Participants: 346Duke Energy Legacy P…Duke Energy Retireme…, Total assets ($B): 3.182 · Participants: 16132Duke Energy Retireme…Time Warner Cable Pe…, Total assets ($B): 2.583220843 · Participants: 18624Time Warner Cable Pe…
Lewis Center Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
Compare Lewis Center Pension Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Lewis Center Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Lewis Center Pension Plan assets move in 2022? ▼
Lewis Center Pension Plan declined sharply - down 23.4% during 2022, from $23M to $17M. Reported net income was -$5M.
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 Lewis Center Pension Plan rank by assets among Form 5500 filers? ▼
Lewis Center Pension Plan ranks in the 75th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Lewis Center Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Performing Arts Center Retirement Plan in CA ($17M, 49 participants).

Next read for Lewis Center Pension Plan

Scale reading

Ways to act on Lewis Center Pension Plan's numbers.

  • By total assets, Lewis Center Pension Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in North Carolina. Compare plans
  • Volvo Group North America LLC's sponsor-wide assets have grown 26.4% since 2022 across 3 plan years on file. More Manufacturing plans

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.