Defined Benefit (Pension) · DOL Form 5500 · 2022

Volvo Construction Equipment North America, LLC. Pension Plan

Data updated 2026-08-25

$106M
Total assets Near avg plan size
551
Participants Below avg headcount
93rd
Percentile by assets National rank
$193,085
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#18,426
in Manufacturing (20,602 peers)
-47.1%
assets change YoY
1.1×
vs typical plan assets (national mean)

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's outsized position by total assets

Volvo Retirement Plan vs every filed plan by assets

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

$106,389,890 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

Volvo Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Volvo Retirement Plan sits mid-pack in the medium band (551 participants).

DOL schedule card

Filing strip 382496821 · Volvo Construction Equipment North America, LLC. PY 2022 · Defined Benefit (Pension)

Volvo Retirement Plan · $106M · 551 · 93rd

  • NET $106M
  • NET 551
  • NET 93rd
  • NET Defined Benefit (Pension)
  • NET near Brown University Dining Services and Facilities Management Employees Pension Plan
  • NET ind #18426

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 Pennsylvania →

Volvo Retirement Plan in the asset neighbourhood

Siltronic Corporation Pension PlanSiltronic Corporation Pensio…$107MCentral National Gottesman Pension PlanCentral National Gottesman P…$107MBrown University Dining Services and Facilities Management Employees Pension PlanBrown University Dining Serv…$106MVolvo Retirement Plan$106MHouston Hospitals, Inc. Retirement PlanHouston Hospitals, Inc. Reti…$106M
End-of-year total assets ($M) among Volvo Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$201M
Net Assets (End of Year)$106M
Net Income-$95M
Employer EIN382496821
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Volvo Construction Equipment North America, LLC.)

Sponsor-wide plan assets over time

All Volvo Construction Equipment North America, LLC. plans reported in each filing year

Latest sponsor-wide plan assets
$356M 18.717350595441353% vs 2022
2024 filing year
$280M$300M$320M$340M$360M$380M 202220232024 $300M $356M ▲ +18.7%
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 Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Volvo Retirement Plan, Total assets ($B): 0.10638989 · Participants: 551Volvo Retirement PlanNational Elevator Industry Pension Plan, Total assets ($B): 10.401485458 · Participants: 27097National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 5.908424468 · Participants: 52395Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.402519 · Participants: 63731The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.359207207 · Participants: 5314Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 4.968344232 · Participants: 8098The Bank of New York Mellon Corporation Pension Plan
Volvo Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Volvo Retirement Plan side-by-side with 3 peers →

Volvo Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Brown University Dining Services and Facilities Management Employees Pension Plan in RI ($106M); by covered participants it is Akzonobel Retirement Plan in TN (551 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (551 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 Retirement Plan assets move in 2022? ▼
Volvo Retirement Plan contracted severely - down 47.1% during 2022, from $201M to $106M. Reported net income was -$95M.
How have Volvo Construction Equipment North America, LLC. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Volvo Construction Equipment North America, LLC.'s sponsor-wide assets grew 18.7%, from $300M to $356M.
Where does Volvo Retirement Plan rank by assets among Form 5500 filers? ▼
Volvo Retirement Plan 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 Defined Benefit (Pension) plans are similar in size to Volvo Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Brown University Dining Services and Facilities Management Employees Pension Plan in RI ($106M, 468 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Volvo Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Akzonobel Retirement Plan in TN (551 participants, $151M 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 382496821.

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.