Defined Benefit (Pension)
2023 plan-year Defined Benefit (Pension) DOL Form 5500

PENSION PLAN OF VOLVO CARS OF NORTH AMERICA, LLC

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

VOLVO CAR USA LLC

This Defined Benefit (Pension) plan holds $46M in total assets and serves 122 participants as of 2023. It is sponsored by VOLVO CAR USA LLC in New Jersey. The plan reported a net loss of $484K for the year.

Total Assets (2023)
$46M
Participants
122
State
Industry
Manufacturing

What the Filing Says About PENSION PLAN OF VOLVO CARS OF NORTH AMERICA, LLC

PENSION PLAN OF VOLVO CARS OF NORTH AMERICA, LLC is a Defined Benefit (Pension) retirement plan sponsored by VOLVO CAR USA LLC, headquartered in New Jersey. As of the 2023 Form 5500 filing, the plan reports $46M in total end-of-year assets and covers 122 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 474903750, and the plan has been effective since 1963-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $46M at the beginning of 2023 to $46M at year-end — a decline of 1.0%. Net assets (after liabilities) closed the year at $46M, with reported net income of $-484,385 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$46M
Total Assets (End of Year)$46M
Net Assets (End of Year)$46M
Net Income$-484,385
Plan TypeDefined Benefit (Pension)
Employer EIN474903750
Plan Effective Date1963-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (VOLVO CAR USA LLC)

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.

Frequently Asked Questions

How much money is in the PENSION PLAN OF VOLVO CARS OF NORTH AMERICA, LLC?
As of the 2023 Form 5500 filing, PENSION PLAN OF VOLVO CARS OF NORTH AMERICA, LLC holds $46M in total assets with 122 participants. It is sponsored by VOLVO CAR USA LLC.
What type of plan is PENSION PLAN OF VOLVO CARS OF NORTH AMERICA, LLC?
PENSION PLAN OF VOLVO CARS OF NORTH AMERICA, LLC is a Defined Benefit (Pension) plan. It has been effective since 1963-01-01. The plan is filed with the U.S. Department of Labor under EIN 474903750.
Who sponsors the PENSION PLAN OF VOLVO CARS OF NORTH AMERICA, LLC?
PENSION PLAN OF VOLVO CARS OF NORTH AMERICA, LLC is sponsored by VOLVO CAR USA LLC, located in New Jersey. The sponsor's EIN is 474903750 and the plan operates in the Manufacturing industry.
How did PENSION PLAN OF VOLVO CARS OF NORTH AMERICA, LLC perform in 2023?
PENSION PLAN OF VOLVO CARS OF NORTH AMERICA, LLC declined by 1.0% during 2023, moving from $46M to $46M in total assets. Net income was $-484,385.
Where can I find official filings for PENSION PLAN OF VOLVO CARS OF NORTH AMERICA, LLC?
Official Form 5500 filings for PENSION PLAN OF VOLVO CARS OF NORTH AMERICA, LLC are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 474903750 or plan name at efast.dol.gov.
How does PENSION PLAN OF VOLVO CARS OF NORTH AMERICA, LLC compare to other plans?
You can compare PENSION PLAN OF VOLVO CARS OF NORTH AMERICA, LLC against other Defined Benefit (Pension) plans on the plan type page, or view plans in New Jersey on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.