Defined Benefit (Pension) · DOL Form 5500 · 2022

Valvoline LLC Pension Plan

Data updated 2026-08-11

$415M
Total assets
285
Participants
98th
Percentile by assets
$1.5M
Avg per participant
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Official DOL plan name: Ashland Hercules Pension Plan II · Sponsored by Valvoline LLC · Kentucky · Manufacturing

$415M in assets, 285 participants

Valvoline LLC's Ashland Hercules Pension Plan II reported $415M in total assets and 285 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #19,767 in Manufacturing (20,602 peers)

Coverage in Kentucky

Ashland Hercules Pension Plan II covers 285 participants in Kentucky, about 44% of the average Kentucky filer (state average ~647 per filing). Assets: $415M.

$415M
total plan assets (2022 EOY)
285
covered participants
98th
percentile by assets (of 139,126 plans)
$1.5M
avg assets per participant

The plan reported a net loss of $27M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Kentucky filers

In Kentucky, the average filing covers about 647 participants across 1,300 plans. Ashland Hercules Pension Plan II reports 285 participants - about 44% of that state average ($415M EOY assets).

Kentucky filing particulars

Total Assets (Beginning of Year)$441M
Net Assets (End of Year)$415M
Net Income-$27M
Employer EIN611782197
Plan Effective Date2019-09-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Valvoline LLC)

$1.35B$1.4B$1.45B$1.5B 202220232024 $1.36B $1.37B ▲ +0.7%
Total plan assets by year, all Valvoline LLC plans on file
Year Plans Participants Total Assets
2022 2 602 $1.4B
2023 2 127 $1.5B
2024 2 112 $1.4B

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 II vs. nearby Defined Benefit (Pension) plans in Kentucky, assets vs. participants

Ashland Hercules Pension Plan II vs. nearby Defined Benefit (Pension) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. 010002000300040005000 0.20.40.60.811.2 Total assets ($B) Participants Ashland Hercules Pen…Lg&e and Ku Pension …Ashland Hercules Pen…Yum Brands Retiremen…Brown-Forman Corpora…Lexmark Retirement G…
Ashland Hercules Pension Plan II vs. nearby Defined Benefit (Pension) plans in Kentucky, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Ashland Hercules Pension Plan II by total assets, not by location.

Frequently Asked Questions

How did Ashland Hercules Pension Plan II assets move in 2022?
Ashland Hercules Pension Plan II pulled back noticeably - down 5.9% during 2022, from $441M to $415M. Reported net income was -$27M.
How have Valvoline LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Valvoline LLC's sponsor-wide assets grew 0.3%, from $1.4B to $1.4B.
Where does Ashland Hercules Pension Plan II rank by assets among Form 5500 filers?
Ashland Hercules Pension Plan II ranks in the 98th 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 Ashland Hercules Pension Plan II?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Westlake Defined Benefit Plan in TX ($415M, 1,205 participants).

Next read for Ashland Hercules Pension Plan II

Filing takeaways

Ways to act on Ashland Hercules Pension Plan II's numbers.

  • By total assets, Ashland Hercules Pension Plan II 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 Kentucky. Compare plans
  • Valvoline LLC's sponsor-wide assets have grown 0.3% since 2022 across 3 plan years on file. More Manufacturing plans