Defined Benefit (Pension) · DOL Form 5500 · 2023

Valvoline LLC Pension Plan

Data updated 2026-08-25

$984M
Total assets Above avg plan size
70
Participants Small participant base
99th
Percentile by assets National rank
$14.1M
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Ashland Hercules Pension Plan · Sponsored by Valvoline LLC · Kentucky · Manufacturing

$984M in assets, 70 participants

Valvoline LLC's Ashland Hercules Pension Plan reported $984M in total assets and 70 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #18,261 in Manufacturing (18,722 peers)

Where Ashland Hercules Pension Plan sits by assets

Ashland Hercules Pension Plan sits among the largest 1% of all filed plans, $984M for 70 participants (~$14.1M/participant), up 4.1% in 2023.

#18,261
in Manufacturing (18,722 peers)
+4.1%
assets growth YoY
9.9×
vs typical plan assets (national mean)

Ashland Hercules Pension Plan's outsized position by total assets

Ashland Hercules Pension Plan vs every filed plan by assets

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

$984,309,000 Top 1% higher than 99% 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

Ashland Hercules Pension Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ashland Hercules Pension Plan is a small filing (70 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ashland Hercules Pension Plan reported net income rose from -$55M in the plan year 2022 filing to $65M in the plan year 2023 filing.
  • Ashland Hercules Pension Plan reported participants fell from 317 in the plan year 2022 filing to 70 in the plan year 2023 filing.
  • Ashland Hercules Pension Plan end-of-year assets rose from $946M in the plan year 2022 filing to $984M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 611782197 · Valvoline LLC PY 2023 · Defined Benefit (Pension)

Ashland Hercules Pension Plan · $984M · 70 · 99th

  • PART $984M
  • TYPE 70
  • NET 99th
  • BOOK Defined Benefit (Pension)
  • VS-ST near Hormel Foods Corporation Pension Plan
  • BOY ind #18261

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 in the asset neighbourhood

Snap-on Incorporated Retirement PlanSnap-on Incorporated Retirem…$986MInternational UAW Staff Retirement Income PlanInternational UAW Staff Reti…$985MLocal No. 731, I.B. of T., Pension FundLocal No. 731, I.B. of T., P…$985MHormel Foods Corporation Pension PlanHormel Foods Corporation Pen…$985MAshland Hercules Pension Plan$984M
End-of-year total assets ($M) among Ashland Hercules Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$946M
Net Assets (End of Year)$984M
Net Income$65M
Employer EIN611782197
Plan Effective Date1913-01-01
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 vs. nearby Defined Benefit (Pension) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 0.20.40.60.811.2 Total assets ($B) Participants Ashland Hercules Pension Plan, Total assets ($B): 0.984309 · Participants: 70Ashland Hercules Pension PlanLg&e and Ku Pension Plan, Total assets ($B): 1.112165749 · Participants: 833Lg&e and Ku Pension PlanYum Brands Retirement Plan, Total assets ($B): 0.734224 · Participants: 3834Yum Brands Retirement PlanBrown-Forman Corporation Salaried Employees Retirement Plan, Total assets ($B): 0.499207588 · Participants: 1160Brown-Forman Corporation Salaried Employees Retirement PlanAshland Hercules Pension Plan II, Total assets ($B): 0.468812 · Participants: 57Ashland Hercules Pension Plan IILexmark Retirement Growth Account Plan, Total assets ($B): 0.354263733 · Participants: 653Lexmark Retirement Growth Account Plan
Ashland Hercules Pension Plan vs. nearby Defined Benefit (Pension) plans in Kentucky, assets vs. participants
Compare Ashland Hercules Pension Plan side-by-side with 3 peers →

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

Outside Kentucky, the nearest Defined Benefit (Pension) by assets is Hormel Foods Corporation Pension Plan in MN ($985M); by covered participants it is Retirement Plan for Employees of Hamlin Bank and Trust Company in PA (70 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($984M here).

Similar participant headcount

Nearest other-state filings by covered participants (70 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 Ashland Hercules Pension Plan assets move in 2023? ▼
Ashland Hercules Pension Plan edged up modestly - up 4.1% during 2023, from $946M to $984M. Reported net income was $65M.
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 rank by assets among Form 5500 filers? ▼
Ashland Hercules Pension Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Ashland Hercules Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Hormel Foods Corporation Pension Plan in MN ($985M, 8,622 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Ashland Hercules Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Plan for Employees of Hamlin Bank and Trust Company in PA (70 participants, $26M 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 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.