401(k) · DOL Form 5500 · 2023

Volvo Construction Equipment North America, LLC 401(k) Plan

Data updated 2026-08-25

$230M
Total assets Near avg plan size
853
Participants Near avg headcount
95th
Percentile by assets National rank
$269,735
Avg per participant High balance/head
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Official DOL plan name: Volvo Investment Plan · Sponsored by Volvo Construction Equipment North America, LLC · Pennsylvania · Manufacturing

$230M in assets, 853 participants

Volvo Construction Equipment North America, LLC's Volvo Investment Plan reported $230M in total assets and 853 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #17,323 in Manufacturing (18,722 peers)

Where Volvo Investment Plan sits by assets

Volvo Investment Plan sits in the top 5% of all filed plans by assets, $230M for 853 participants (~$269,735/participant), up 19.1% in 2023.

#17,323
in Manufacturing (18,722 peers)
+19.1%
assets growth YoY
2.3×
vs typical plan assets (national mean)

Volvo Investment Plan's outsized position by total assets

Volvo Investment Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$230,083,922 Top 5% higher than 95% of 127,068 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 2023

Volvo Investment Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Volvo Investment Plan sits mid-pack in the medium band (853 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Volvo Investment Plan reported net income rose from -$32M in the plan year 2022 filing to $38M in the plan year 2023 filing.
  • Volvo Investment Plan end-of-year assets rose from $193M in the plan year 2022 filing to $230M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 382496821 · Volvo Construction Equipment North America, LLC PY 2023 · 401(k)

Volvo Investment Plan · $230M · 853 · 95th

  • BOOK $230M
  • BOOK 853
  • BOOK 95th
  • BOOK 401(k)
  • BOOK near Rogers Employee Savings and Retirement Plan
  • BOOK ind #17323

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 Pennsylvania →

Volvo Investment Plan in the asset neighbourhood

Zscaler, Inc. 401(k) Plan$230MVolvo Investment Plan$230MRogers Employee Savings and Retirement PlanRogers Employee Savings and …$230MCalportland Company Thrift and Profit Sharing Plan for Salaried EmployeesCalportland Company Thrift a…$230MBrownstein Hyatt Farber Schreck Retirement PlanBrownstein Hyatt Farber Schr…$230M
End-of-year total assets ($M) among Volvo Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$193M
Net Assets (End of Year)$230M
Net Income$38M
Employer EIN382496821
Plan Effective Date1989-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Volvo Construction Equipment North America, LLC)

Sponsor-wide plan assets over time

All Volvo Construction Equipment North America, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$356M 18.717350595441353% vs 2022
2024 filing year
$280M$300M$320M$340M$360M$380M 202220232024 $300M $356M ▲ +18.7%
Year Plans Participants Total Assets
2022 2 1,401 $300M
2023 2 1,375 $340M
2024 2 1,496 $356M

Nearby 401(k) Plans in Pennsylvania

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Volvo Investment Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants Volvo Investment Plan, Total assets ($B): 0.230083922 · Participants: 853Volvo Investment PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
Volvo Investment Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Volvo Investment Plan side-by-side with 3 peers →

Volvo Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Rogers Employee Savings and Retirement Plan in AZ ($230M); by covered participants it is Metso Retirement Savings Plan in WI (853 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (853 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Volvo Investment Plan assets move in 2023? ▼
Volvo Investment Plan grew sharply - up 19.1% during 2023, from $193M to $230M. Reported net income was $38M.
How have Volvo Construction Equipment North America, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Volvo Construction Equipment North America, LLC's sponsor-wide assets grew 18.7%, from $300M to $356M.
Where does Volvo Investment Plan rank by assets among Form 5500 filers? ▼
Volvo Investment Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Volvo Investment Plan? ▼
Among 401(k) plans in other states, the closest by assets is Rogers Employee Savings and Retirement Plan in AZ ($230M, 1,447 participants).
Which 401(k) plans cover a similar participant headcount to Volvo Investment Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Metso Retirement Savings Plan in WI (853 participants, $263M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 382496821.

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.