401(k) · DOL Form 5500 · 2022
Volvo Group North America, LLC 401(k) Plan
Data updated 2026-08-11
- $993M
- Total assets
- 6,771
- Participants
- 99th
- Percentile by assets
- $146,631
- Avg per participant
Official DOL plan name: Vgna Vol Investment Pretax Plan · Sponsored by Volvo Group North America, LLC · North Carolina · Manufacturing
$993M in assets, 6,771 participants
Volvo Group North America, LLC's Vgna Vol Investment Pretax Plan reported $993M in total assets and 6,771 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 139,126 plans)
- #20,194 in Manufacturing (20,602 peers)
Coverage in North Carolina
Vgna Vol Investment Pretax Plan covers 6,771 participants in North Carolina, 8.3x the typical North Carolina plan (state average ~819 per filing). Assets: $993M.
- $993M
- total plan assets (2022 EOY)
- 6,771
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $146,631
- avg assets per participant
The plan reported a net loss of $168M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs North Carolina filers
In North Carolina, the average filing covers about 819 participants across 3,515 plans. Vgna Vol Investment Pretax Plan reports 6,771 participants - 8.3x that state average ($993M EOY assets).
North Carolina filing particulars
| Total Assets (Beginning of Year) | $1.2B |
|---|---|
| Net Assets (End of Year) | $993M |
| Net Income | -$168M |
| Employer EIN | 582431188 |
| Plan Effective Date | 1985-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Volvo Group North America, LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 5 | 15,485 | $1.8B |
| 2023 | 5 | 13,628 | $2.0B |
| 2024 | 5 | 13,266 | $2.2B |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Vgna Vol Investment Pretax Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
- The Bank of America 401(k) Plan $47.1B · 169,036
- Honeywell 401(k) Plan $14.6B · 39,007
- Duke Energy Retirement Savings Plan $9.4B · 27,731
- Truist Financial Corporation 401(k) Savings Plan $9.0B · 51,871
- Lowes 401(k) Plan $7.4B · 284,864
Scale composition for Vgna Vol Investment Pretax Plan
Vgna Vol Investment Pretax Plan reports $993M in end-of-year assets across 6,771 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $146,631 per participant (1.1x the national average assets-per-participant) . Net income for plan year 2022 was -$168M.
This plan identity (EIN 582431188, plan #008) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $993M to $1.5B (+46.6%) while covered participants moved from 6,771 to 5,452 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 6,771 | $993M | This page |
| 2023 | 5,387 | $1.2B | Open filing |
| 2024 · index core | 5,452 | $1.5B | Open filing |
The same sponsor also keeps 4 other index-core plans on PlainRetire:
- Volvo Group North America Voluntary Investment Pretax Plan (401(k), $1.5B, 5,452 participants)
- Volvo Group North America Retirement Plan (Defined Benefit (Pension), $314M, 3,512 participants)
- Volvo Group North America New River Valley Pension Plan (Defined Benefit (Pension), $300M, 1,209 participants)
- Voluntary Investment Pretax Plan for the Volvo Group North America Union Employees (401(k), $151M, 3,076 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Vgna Vol Investment Pretax Plan by total assets, not by location.
- Crowe LLP Retirement Plan (IN) $993M · 4,559
- Discount Tire/America's Tire Retirement Plan (AZ) $994M · 11,855
- Electrical Workers Local No. 292 Defined Contribution and 401(k) Plan (MN) $995M · 5,476
- Point32health 401(k) Plan (MA) $991M · 2,907
Frequently Asked Questions
How did Vgna Vol Investment Pretax Plan assets move in 2022? ▼
How have Volvo Group North America, LLC plan assets changed over time? ▼
Where does Vgna Vol Investment Pretax Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Vgna Vol Investment Pretax Plan? ▼
Next read for Vgna Vol Investment Pretax Plan
Filing takeaways
Ways to act on Vgna Vol Investment Pretax Plan's numbers.
- By total assets, Vgna Vol Investment Pretax Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) 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