Defined Benefit (Pension) · DOL Form 5500 · 2022

Volvo Group North America LLC Pension Plan

Data updated 2026-08-25

$314M
Total assets Above avg plan size
1,386
Participants Near avg headcount
97th
Percentile by assets National rank
$226,371
Avg per participant Above avg balance/head
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Official DOL plan name: Volvo Group North America New River Valley Pension Plan · Sponsored by Volvo Group North America LLC · North Carolina · Manufacturing

$314M in assets, 1,386 participants

Volvo Group North America LLC's Volvo Group North America New River Valley Pension Plan reported $314M in total assets and 1,386 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • #19,574 in Manufacturing (20,602 peers)

Where Volvo Group North America New River Valley Pension Plan sits by assets

Volvo Group North America New River Valley Pension Plan sits in the top 5% of all filed plans by assets, $314M for 1,386 participants (~$226,371/participant), down 23.9% in 2022.

#19,574
in Manufacturing (20,602 peers)
-23.9%
assets change YoY
3.1×
vs typical plan assets (national mean)

The plan reported a net loss of $98M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Volvo Group North America New River Valley Pension Plan's outsized position by total assets

Volvo Group North America New River Valley Pension Plan vs every filed plan by assets

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

$313,750,482 Top 3% higher than 97% 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 Group North America New River Valley Pension Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Volvo Group North America New River Valley Pension Plan lands in the large band (1,386 participants).

Published 5500 schedule card

Filing strip 582431188 · Volvo Group North America LLC PY 2022 · Defined Benefit (Pension)

Volvo Group North America New River Valley Pension Plan · $314M · 1,386 · 97th

  • NET $314M
  • BOOK 1,386
  • VS-ST 97th
  • BOY Defined Benefit (Pension)
  • SCH near Metro Ila Pension Fund
  • EBSA ind #19574

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 North Carolina →

Volvo Group North America New River Valley Pension Plan in the asset neighbourhood

Kamehameha Schools Retirement PlanKamehameha Schools Retiremen…$315MBremer Retirement Plan$314MVolvo Group North America New River Valley Pension PlanVolvo Group North America Ne…$314MMetro Ila Pension Fund$314MQuad/Graphics Printing Pension PlanQuad/Graphics Printing Pensi…$313M
End-of-year total assets ($M) among Volvo Group North America New River Valley Pension 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)$412M
Net Assets (End of Year)$314M
Net Income-$98M
Employer EIN582431188
Plan Effective Date1981-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Volvo Group North America LLC)

Sponsor-wide plan assets over time

All Volvo Group North America LLC plans reported in each filing year

Latest sponsor-wide plan assets
$2.2B 26.43246042441232% vs 2022
2024 filing year
$1.6B$1.8B$2B$2.2B$2.4B 202220232024 $1.77B $2.24B ▲ +26.6%
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.

Volvo Group North America New River Valley Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -505101520 Total assets ($B) Participants Volvo Group North America New River Valley Pension Plan, Total assets ($B): 0.313750482 · Participants: 1386Volvo Group North America New River Valley Pension PlanHoneywell Retirement Earnings Plan, Total assets ($B): 17.0193439 · Participants: 12452Honeywell Retirement Earnings PlanTruist Financial Corporation Pension Plan, Total assets ($B): 12.462364023 · Participants: 37931Truist Financial Corporation Pension PlanDuke Energy Legacy Pension Plan, Total assets ($B): 4.0414 · Participants: 346Duke Energy Legacy Pension PlanDuke Energy Retirement Cash Balance Plan, Total assets ($B): 3.182 · Participants: 16132Duke Energy Retirement Cash Balance PlanTime Warner Cable Pension Plan, Total assets ($B): 2.583220843 · Participants: 18624Time Warner Cable Pension Plan
Volvo Group North America New River Valley Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
Compare Volvo Group North America New River Valley Pension Plan side-by-side with 3 peers →

Volvo Group North America New River Valley Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside North Carolina, the nearest Defined Benefit (Pension) by assets is Metro Ila Pension Fund in NJ ($314M); by covered participants it is Totalenergies Finance USA, Inc. Cash Balance Pension Plan in TX (1,386 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($314M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,386 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 Group North America New River Valley Pension Plan assets move in 2022? ▼
Volvo Group North America New River Valley Pension Plan declined sharply - down 23.9% during 2022, from $412M to $314M. Reported net income was -$98M.
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 Volvo Group North America New River Valley Pension Plan rank by assets among Form 5500 filers? ▼
Volvo Group North America New River Valley Pension Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Volvo Group North America New River Valley Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Metro Ila Pension Fund in NJ ($314M, 1,032 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Volvo Group North America New River Valley Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Totalenergies Finance USA, Inc. Cash Balance Pension Plan in TX (1,386 participants, $94M 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 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.