Defined Benefit (Pension) · DOL Form 5500 · 2022
Volvo Construction Equipment North America, LLC. Pension Plan
Data updated 2026-08-11
- $106M
- Total assets
- 551
- Participants
- 93rd
- Percentile by assets
- $193,085
- Avg per participant
Official DOL plan name: Volvo Retirement Plan · Sponsored by Volvo Construction Equipment North America, LLC. · Pennsylvania · Manufacturing
$106M in assets, 551 participants
Volvo Construction Equipment North America, LLC.'s Volvo Retirement Plan reported $106M in total assets and 551 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.
- 93rd percentile by assets (of 139,126 plans)
- #18,426 in Manufacturing (20,602 peers)
Where Volvo Retirement Plan sits by assets
Volvo Retirement Plan sits in the top 10% of all filed plans by assets, $106M for 551 participants (~$193,085/participant), down 47.1% in 2022.
- $106M
- total plan assets (2022 EOY)
- 551
- covered participants
- 93rd
- percentile by assets (of 139,126 plans)
- $193,085
- avg assets per participant
The plan reported a net loss of $95M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Volvo Retirement Plan vs the 2022 asset distribution
By assets, Volvo Retirement Plan outranks 93% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $201M |
|---|---|
| Net Assets (End of Year) | $106M |
| Net Income | -$95M |
| Employer EIN | 382496821 |
| Plan Effective Date | 1986-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Volvo Construction Equipment North America, LLC.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,401 | $300M |
| 2023 | 2 | 1,375 | $340M |
| 2024 | 2 | 1,496 | $356M |
Nearby Defined Benefit (Pension) Plans in Pennsylvania
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Volvo Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
- National Elevator Industry Pension Plan $10.4B · 27,097
- Steelworkers Pension Trust $5.9B · 52,395
- The PNC Financial Services Group, Inc. Pension Plan $5.4B · 63,731
- Constellation Retirement Program $5.4B · 5,314
- The Bank of New York Mellon Corporation Pension Plan $5.0B · 8,098
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Volvo Retirement Plan by total assets, not by location.
Frequently Asked Questions
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Next read for Volvo Retirement Plan
Scale reading
Ways to act on Volvo Retirement Plan's numbers.
- By total assets, Volvo Retirement Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Pennsylvania. Compare plans
- Volvo Construction Equipment North America, LLC.'s sponsor-wide assets have grown 18.7% since 2022 across 3 plan years on file. More Manufacturing plans