Defined Benefit (Pension) · DOL Form 5500 · 2023
Volvo Group North America LLC Pension Plan
Data updated 2026-08-25
- $319M
- Total assets Above avg plan size
- 1,299
- Participants Near avg headcount
- 96th
- Percentile by assets National rank
- $245,808
- Avg per participant Above avg balance/head
Official DOL plan name: Volvo Group North America New River Valley Pension Plan · Sponsored by Volvo Group North America LLC · North Carolina · Manufacturing
$319M in assets, 1,299 participants
Volvo Group North America LLC's Volvo Group North America New River Valley Pension Plan reported $319M in total assets and 1,299 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.
- #17,621 in Manufacturing (18,722 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, $319M for 1,299 participants (~$245,808/participant), up 1.8% in 2023.
- #17,621
- in Manufacturing (18,722 peers)
- +1.8%
- assets growth YoY
- 3.2×
- vs typical plan assets (national mean)
Volvo Group North America New River Valley Pension Plan's outsized position 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 2023 · DOL Form 5500
$319,304,846 Top 4% higher than 96% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Volvo Group North America New River Valley Pension Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Volvo Group North America New River Valley Pension Plan lands in the large band (1,299 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Volvo Group North America New River Valley Pension Plan reported net income rose from -$98M in the plan year 2022 filing to $5M in the plan year 2023 filing.
- Volvo Group North America New River Valley Pension Plan reported participants fell from 1,386 in the plan year 2022 filing to 1,299 in the plan year 2023 filing.
- Volvo Group North America New River Valley Pension Plan end-of-year assets rose from $314M in the plan year 2022 filing to $319M in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 582431188 · Volvo Group North America LLC PY 2023 · Defined Benefit (Pension)
Volvo Group North America New River Valley Pension Plan · $319M · 1,299 · 96th
- 5500 $319M
- 5500 1,299
- 5500 96th
- 5500 Defined Benefit (Pension)
- 5500 near Lvmh Affiliates' Retirement Plan
- 5500 ind #17621
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 North Carolina →
Volvo Group North America New River Valley Pension Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $314M |
|---|---|
| Net Assets (End of Year) | $319M |
| Net Income | $5M |
| Employer EIN | 582431188 |
| Plan Effective Date | 1981-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Volvo Group North America LLC)
Sponsor-wide plan assets over time
All Volvo Group North America LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $2.2B 26.43246042441232% vs 2022
- 2024 filing year
| 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.
- Honeywell Retirement Earnings Plan $16.6B · 11,145
- Truist Financial Corporation Pension Plan $14.6B · 45,818
- Duke Energy Retirement Cash Balance Plan $4.0B · 14,485
- Duke Energy Legacy Pension Plan $3.4B · 371
- Employees' Retirement Plan of Duke University $2.6B · 21,020
Volvo Group North America New River Valley Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside North Carolina, the nearest Defined Benefit (Pension) by assets is Lvmh Affiliates' Retirement Plan in NY ($319M); by covered participants it is Idaho Plumbers and Pipefitters Pension Plan in OR (1,299 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($319M here).
- Lvmh Affiliates' Retirement Plan (NY) $319M · 1,519
- Gibson, Dunn & Crutcher LLP Partners Cash Balance Plan (CA) $319M · 319
- Laborers Local 57 Industrial Pension Plan (PA) $318M · 1,480
- Local No. 1 Pension Trust Fund (IL) $318M · 3,813
Similar participant headcount
Nearest other-state filings by covered participants (1,299 participants); asset peers above are excluded.
- Idaho Plumbers and Pipefitters Pension Plan (OR) 1,299 · 0 off
- Pension Fund of Make-Up Artists & Hair Stylists Union - Local 798 - Iatse (CA) 1,298 · 1 off
- Sanofi Pasteur Inc. Retirement Plan (PA) 1,297 · 2 off
- Central Bancompany Retirement Plan (MO) 1,301 · 2 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.