Defined Benefit (Pension) · DOL Form 5500 · 2022
Valvoline LLC Pension Plan
Data updated 2026-08-06
- $946M
- Total assets
- 317
- Participants
- 99th
- Percentile by assets
- $3.0M
- Avg per participant
Official DOL plan name: Ashland Hercules Pension Plan · Sponsored by Valvoline LLC · Kentucky · Manufacturing
$946M in assets, 317 participants
Valvoline LLC's Ashland Hercules Pension Plan reported $946M in total assets and 317 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 139,258 plans)
- #20,198 in Manufacturing (20,629 peers)
Coverage in Kentucky
Ashland Hercules Pension Plan covers 317 participants in Kentucky, about 48% of the average Kentucky filer (state average ~658 per filing). Assets: $946M.
- $946M
- total plan assets (2022 EOY)
- 317
- covered participants
- 99th
- percentile by assets (of 139,258 plans)
- $3.0M
- avg assets per participant
The plan reported a net loss of $55M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Kentucky filers
In Kentucky, the average filing covers about 658 participants across 1,242 plans. Ashland Hercules Pension Plan reports 317 participants - about 48% of that state average ($946M EOY assets).
Kentucky filing particulars
| Total Assets (Beginning of Year) | $997M |
|---|---|
| Net Assets (End of Year) | $946M |
| Net Income | -$55M |
| Employer EIN | 611782197 |
| Plan Effective Date | 1913-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Valvoline LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 602 | $1.4B |
| 2023 | 2 | 127 | $1.5B |
Nearby Defined Benefit (Pension) Plans in Kentucky
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Ashland Hercules Pension Plan vs. nearby Defined Benefit (Pension) plans in Kentucky, assets vs. participants
- Lg&e and Ku Pension Plan $1.1B · 983
- Yum Brands Retirement Plan $754M · 4,539
- Brown-Forman Corporation Salaried Employees Retirement Plan $560M · 1,262
- Ashland Hercules Pension Plan II $415M · 285
- Lexmark Retirement Growth Account Plan $352M · 671
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Ashland Hercules Pension Plan by total assets, not by location.
- Lyondellbasell Pension Plan (TX) $948M · 7,965
- Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units (MD) $949M · 1,111
- Wisconsin Laborers' Pension Fund (WI) $950M · 3,791
- Ball Pension Plan (CO) $950M · 1,920
Frequently Asked Questions
How did Ashland Hercules Pension Plan assets move in 2022? ▼
How have Valvoline LLC plan assets changed over time? ▼
Where does Ashland Hercules Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Ashland Hercules Pension Plan? ▼
Next read for Ashland Hercules Pension Plan
Filing takeaways
Ways to act on Ashland Hercules Pension Plan's numbers.
- By total assets, Ashland Hercules Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Kentucky. Compare plans
- Valvoline LLC's sponsor-wide assets have grown 6.8% since 2022 across 2 plan years on file. More Manufacturing plans