Defined Benefit (Pension) · DOL Form 5500 · 2022

Valvoline LLC Pension Plan

Data updated 2026-08-25

$415M
Total assets Above avg plan size
285
Participants Below avg headcount
98th
Percentile by assets National rank
$1.5M
Avg per participant High balance/head
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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.

  • #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.

#19,767
in Manufacturing (20,602 peers)
-5.9%
assets change YoY
4.2×
vs typical plan assets (national mean)

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.

Ashland Hercules Pension Plan II's outsized position by total assets

Ashland Hercules Pension Plan II vs every filed plan by assets

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

$415,049,000 Top 2% higher than 98% 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

Ashland Hercules Pension Plan II among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ashland Hercules Pension Plan II sits mid-pack in the medium band (285 participants).

Published 5500 schedule card

Filing strip 611782197 · Valvoline LLC PY 2022 · Defined Benefit (Pension)

Ashland Hercules Pension Plan II · $415M · 285 · 98th

  • PART $415M
  • PART 285
  • PART 98th
  • PART Defined Benefit (Pension)
  • PART near Westlake Defined Benefit Plan
  • PART ind #19767

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 Kentucky →

Ashland Hercules Pension Plan II in the asset neighbourhood

The Clorox Company Pension PlanThe Clorox Company Pension P…$416MWestlake Defined Benefit Plan$415MAshland Hercules Pension Plan IIAshland Hercules Pension Pla…$415MLocal 68 Engineers Union Pension PlanLocal 68 Engineers Union Pen…$414MIms Health Incorporated Retirement PlanIms Health Incorporated Reti…$414M
End-of-year total assets ($M) among Ashland Hercules Pension Plan II and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

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)

Sponsor-wide plan assets over time

All Valvoline LLC plans reported in each filing year

Latest sponsor-wide plan assets
$1.4B 0.32776647098153605% vs 2022
2024 filing year
$1.35B$1.4B$1.45B$1.5B 202220232024 $1.36B $1.37B ▲ +0.7%
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 Scatter plot of 6 data points. 010002000300040005000 0.20.40.60.811.2 Total assets ($B) Participants Ashland Hercules Pension Plan II, Total assets ($B): 0.415049 · Participants: 285Ashland Hercules Pension Plan IILg&e and Ku Pension Plan, Total assets ($B): 1.114176604 · Participants: 983Lg&e and Ku Pension PlanAshland Hercules Pension Plan, Total assets ($B): 0.945981 · Participants: 317Ashland Hercules Pension PlanYum Brands Retirement Plan, Total assets ($B): 0.753576 · Participants: 4539Yum Brands Retirement PlanBrown-Forman Corporation Salaried Employees Retirement Plan, Total assets ($B): 0.559607588 · Participants: 1262Brown-Forman Corporation Salaried Employees Retirement PlanLexmark Retirement Growth Account Plan, Total assets ($B): 0.351999977 · Participants: 671Lexmark Retirement Growth Account Plan
Ashland Hercules Pension Plan II vs. nearby Defined Benefit (Pension) plans in Kentucky, assets vs. participants
Compare Ashland Hercules Pension Plan II side-by-side with 3 peers →

Ashland Hercules Pension Plan II's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Kentucky, the nearest Defined Benefit (Pension) by assets is Westlake Defined Benefit Plan in TX ($415M); by covered participants it is Infineum Pension Plan in NJ (285 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($415M here).

Similar participant headcount

Nearest other-state filings by covered participants (285 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 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Ashland Hercules Pension Plan II? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Infineum Pension Plan in NJ (285 participants, $117M 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 611782197.

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.