Defined Benefit (Pension) · DOL Form 5500 · 2024
Volvo Construction Equipment North America, LLC. Pension Plan
Data updated 2026-08-25
- $101M
- Total assets Near avg plan size
- 492
- Participants Below avg headcount
- 91st
- Percentile by assets National rank
- $205,131
- Avg per participant Above avg balance/head
Official DOL plan name: Volvo Retirement Plan · Sponsored by Volvo Construction Equipment North America, LLC. · Pennsylvania · Manufacturing
$101M in assets, 492 participants
Volvo Construction Equipment North America, LLC.'s Volvo Retirement Plan reported $101M in total assets and 492 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.
- #15,278 in Manufacturing (17,777 peers)
Where Volvo Retirement Plan sits by assets
Volvo Retirement Plan sits in the top 10% of all filed plans by assets, $101M for 492 participants (~$205,131/participant), down 7.8% in 2024.
- #15,278
- in Manufacturing (17,777 peers)
- -7.8%
- assets change YoY
- 1.0×
- vs typical plan assets (national mean)
The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Volvo Retirement Plan's outsized position by total assets
Volvo Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$100,924,311 Top 9% higher than 91% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Volvo Retirement Plan among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Volvo Retirement Plan sits mid-pack in the medium band (492 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Volvo Retirement Plan reported net income fell from $3M in the plan year 2023 filing to -$9M in the plan year 2024 filing.
- Volvo Retirement Plan end-of-year assets fell from $109M in the plan year 2023 filing to $101M in the plan year 2024 filing.
- Volvo Retirement Plan reported participants fell from 522 in the plan year 2023 filing to 492 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 382496821 · Volvo Construction Equipment North America, LLC. PY 2024 · Defined Benefit (Pension)
Volvo Retirement Plan · $101M · 492 · 91st
- NET $101M
- BOOK 492
- VS-ST 91st
- BOY Defined Benefit (Pension)
- SCH near Franklin Electric Co., Inc. Pension Plan
- EBSA ind #15278
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 Retirement Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $109M |
|---|---|
| Net Assets (End of Year) | $101M |
| Net Income | -$9M |
| Employer EIN | 382496821 |
| Plan Effective Date | 1986-01-01 |
| Filing Status | FILING 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
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,401 | $300M |
| 2023 | 2 | 1,375 | $340M |
| 2024 | 2 | 1,496 | $356M |
Nearby Defined Benefit (Pension) Plans in Pennsylvania
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- National Elevator Industry Pension Plan $12.2B · 28,308
- Steelworkers Pension Trust $7.2B · 46,110
- The PNC Financial Services Group, Inc. Pension Plan $5.5B · 58,779
- The Bank of New York Mellon Corporation Pension Plan $5.2B · 6,387
- Constellation Retirement Program $5.0B · 4,809
Volvo Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Franklin Electric Co., Inc. Pension Plan in IN ($101M); by covered participants it is Great Lakes Coca-Cola Distribution Union Pension Plan in IL (492 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($101M here).
- Franklin Electric Co., Inc. Pension Plan (IN) $101M · 205
- Carroll Hospital Center, Inc. Retirement Income Plan (MD) $101M · 333
- Clark Equipment Company - Melroe Division, Gwinner, Nd Plant Hourly-Rate Employees' Pension Plan (ND) $101M · 951
- Retirement Plan of Munich American Reassurance Co (GA) $101M · 48
Similar participant headcount
Nearest other-state filings by covered participants (492 participants); asset peers above are excluded.
- Great Lakes Coca-Cola Distribution Union Pension Plan (IL) 492 · 0 off
- Brotherhood of Locomotive Engineers and Trainmen Long Island Pension Fund (NY) 492 · 0 off
- The Kinetic Group, Inc. Pension and Retirement Plan (MN) 492 · 0 off
- Gesa Credit Union Cash Balance Defined Benefit Plan and Trust (WA) 492 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.