Defined Benefit (Pension) · DOL Form 5500 · 2022
Volvo Group North America LLC Pension Plan
Data updated 2026-08-11
- $314M
- Total assets
- 1,386
- Participants
- 97th
- Percentile by assets
- $226,371
- Avg per participant
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.
- 97th percentile by assets (of 139,126 plans)
- #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.
- $314M
- total plan assets (2022 EOY)
- 1,386
- covered participants
- 97th
- percentile by assets (of 139,126 plans)
- $226,371
- avg assets per participant
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.
Where Volvo Group North America New River Valley Pension Plan sits 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
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 vs the 2022 asset distribution
By assets, Volvo Group North America New River Valley Pension Plan outranks 97% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 3.1x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $412M |
|---|---|
| Net Assets (End of Year) | $314M |
| Net Income | -$98M |
| Employer EIN | 582431188 |
| Plan Effective Date | 1981-09-01 |
| 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 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
- Honeywell Retirement Earnings Plan $17.0B · 12,452
- Truist Financial Corporation Pension Plan $12.5B · 37,931
- Duke Energy Legacy Pension Plan $4.0B · 346
- Duke Energy Retirement Cash Balance Plan $3.2B · 16,132
- Time Warner Cable Pension Plan $2.6B · 18,624
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Volvo Group North America New River Valley Pension Plan by total assets, not by location.
- Metro Ila Pension Fund (NJ) $314M · 1,032
- Bremer Retirement Plan (MN) $314M · 1,300
- Quad/Graphics Printing Pension Plan (CT) $313M · 536
- Kamehameha Schools Retirement Plan (HI) $315M · 1,152
Frequently Asked Questions
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Ways to act on Volvo Group North America New River Valley Pension Plan's numbers.
- By total assets, Volvo Group North America New River Valley Pension Plan ranks in the top 5% 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