Defined Benefit (Pension) · DOL Form 5500 · 2023

Volvo Car USA LLC Pension Plan

Data updated 2026-08-25

$46M
Total assets Below avg plan size
122
Participants Small participant base
85th
Percentile by assets National rank
$374,689
Avg per participant High balance/head
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Official DOL plan name: Pension Plan of Volvo Cars of North America, LLC · Sponsored by Volvo Car USA LLC · New Jersey · Manufacturing

$46M in assets, 122 participants

Volvo Car USA LLC's Pension Plan of Volvo Cars of North America, LLC reported $46M in total assets and 122 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #14,576 in Manufacturing (18,722 peers)

Coverage in New Jersey

Pension Plan of Volvo Cars of North America, LLC covers 122 participants in New Jersey, about 14% of the average New Jersey filer (state average ~844 per filing). Assets: $46M.

#14,576
in Manufacturing (18,722 peers)
-1.0%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $484K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Pension Plan of Volvo Cars of North America, LLC's outsized position by total assets

Pension Plan of Volvo Cars of North America, LLC vs every filed plan by assets

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

$45,712,004 Top 15% higher than 85% 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

Pension Plan of Volvo Cars of North America, LLC 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. Pension Plan of Volvo Cars of North America, LLC sits mid-pack in the medium band (122 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pension Plan of Volvo Cars of North America, LLC reported net income rose from -$17M in the plan year 2022 filing to -$484K in the plan year 2023 filing.
  • Pension Plan of Volvo Cars of North America, LLC reported participants fell from 137 in the plan year 2022 filing to 122 in the plan year 2023 filing.
  • Pension Plan of Volvo Cars of North America, LLC end-of-year assets fell from $46M in the plan year 2022 filing to $46M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 474903750 · Volvo Car USA LLC PY 2023 · Defined Benefit (Pension)

Pension Plan of Volvo Cars of North America, LLC · $46M · 122 · 85th

  • TYPE $46M
  • NET 122
  • BOOK 85th
  • VS-ST Defined Benefit (Pension)
  • BOY near Shutts & Bowen LLP Retirement Plan and Trust
  • SCH ind #14576

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 New Jersey →

Pension Plan of Volvo Cars of North America, LLC in the asset neighbourhood

St. Ann's Home for the Aged Pension PlanSt. Ann's Home for the Aged …$46MPension Equity Plan of Doylestown HospitalPension Equity Plan of Doyle…$46MVedder Price P.C. Defined Benefit Pension PlanVedder Price P.C. Defined Be…$46MShutts & Bowen LLP Retirement Plan and TrustShutts & Bowen LLP Retiremen…$46MPension Plan of Volvo Cars of North America, LLCPension Plan of Volvo Cars o…$46M
End-of-year total assets ($M) among Pension Plan of Volvo Cars of North America, LLC and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$46M
Net Assets (End of Year)$46M
Net Income-$484K
Employer EIN474903750
Plan Effective Date1963-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Volvo Car USA LLC)

Sponsor-wide plan assets over time

All Volvo Car USA LLC plans reported in each filing year

Latest sponsor-wide plan assets
$371M 35.516766569685586% vs 2022
2024 filing year
$250M$300M$350M$400M 202220232024 $274M $371M ▲ +35.5%
Year Plans Participants Total Assets
2022 2 2,148 $274M
2023 2 2,453 $318M
2024 2 2,921 $371M

Nearby Defined Benefit (Pension) Plans in New Jersey

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Pension Plan of Volvo Cars of North America, LLC vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Pension Plan of Volvo Cars of North America, LLC, Total assets ($B): 0.045712004 · Participants: 122Pension Plan of Volvo Cars of North America, LLCRetirement Plan of Johnson and Johnson, Total assets ($B): 21.174819996 · Participants: 37749Retirement Plan of Johnson and JohnsonJPMorgan Chase Retirement Plan, Total assets ($B): 16.279006871 · Participants: 90644JPMorgan Chase Retirement PlanNokia Retirement Income Plan, Total assets ($B): 13.864923 · Participants: 7492Nokia Retirement Income PlanThe Prudential Merged Retirement Plan, Total assets ($B): 12.225782081 · Participants: 16230The Prudential Merged Retirement PlanVerizon Pension Plan for Associates, Total assets ($B): 10.930667796 · Participants: 23778Verizon Pension Plan for Associates
Pension Plan of Volvo Cars of North America, LLC vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
Compare Pension Plan of Volvo Cars of North America, LLC side-by-side with 3 peers →

Pension Plan of Volvo Cars of North America, LLC's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Jersey, the nearest Defined Benefit (Pension) by assets is Shutts & Bowen LLP Retirement Plan and Trust in FL ($46M); by covered participants it is Estwing Manufacturing Company, Inc. Pension Plan in IL (122 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (122 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 Pension Plan of Volvo Cars of North America, LLC assets move in 2023? ▼
Pension Plan of Volvo Cars of North America, LLC edged down modestly - down 1.0% during 2023, from $46M to $46M. Reported net income was -$484K.
How have Volvo Car USA LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Volvo Car USA LLC's sponsor-wide assets grew 35.5%, from $274M to $371M.
Where does Pension Plan of Volvo Cars of North America, LLC rank by assets among Form 5500 filers? ▼
Pension Plan of Volvo Cars of North America, LLC ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Pension Plan of Volvo Cars of North America, LLC? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Shutts & Bowen LLP Retirement Plan and Trust in FL ($46M, 99 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Pension Plan of Volvo Cars of North America, LLC? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Estwing Manufacturing Company, Inc. Pension Plan in IL (122 participants, $15M 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 474903750.

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.