Other · DOL Form 5500 · 2024
Lewis Center Pension Plan
Data updated 2026-05-15
- $17M
- Total assets
- 17
- Participants
- 67th
- Percentile by assets
- $990,682
- Avg per participant
Sponsored by Volvo Group North America LLC · North Carolina · Manufacturing
What the 2024 filing shows
Lewis Center Pension Plan holds $17M for 17 participants - about $990,682 per participant, above the median plan by assets, down 5.4% over the 2024 plan year.
- $17M
- total plan assets (2024 EOY)
- 17
- covered participants
- 67th
- percentile by assets (of 116,472 plans)
- $990,682
- avg assets per participant
The plan reported a net loss of $963K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Other · DOL Form 5500 · 2024
What the Filing Says About Lewis Center Pension Plan
Lewis Center Pension Plan is an Other retirement plan sponsored by Volvo Group North America LLC, headquartered in North Carolina. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $17M in total end-of-year assets and covers 17 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 582431188, and the plan has been effective since 1983-01-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets pulled back noticeably from $18M at the beginning of 2024 to $17M at year-end - down 5.4%. Net assets (after liabilities) closed the year at $17M, with reported net income of -$963K 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.
Across the 3 plan years Volvo Group North America LLC has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $1.8B to $2.2B, a gain of 26.4%, while reported participants moved from 15,485 to 13,266 (-14.3%). The strongest year on file by total sponsor assets was 2024 at $2.2B; the softest was 2022 at $1.8B. Year-by-year, sponsor-wide filings show: 2022 - $1.8B in assets across 5 plans covering 15,485 participants; 2023 - $2.0B in assets across 5 plans covering 13,628 participants; 2024 - $2.2B in assets across 5 plans covering 13,266 participants.
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.
How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank Lewis Center Pension Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.
Financial Summary (2024)
| Total Assets (Beginning of Year) | $18M |
|---|---|
| Total Assets (End of Year) | $17M |
| Net Assets (End of Year) | $17M |
| Net Income | -$963K |
| Plan Type | Other |
| Employer EIN | 582431188 |
| Plan Effective Date | 1983-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Volvo Group North America LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 5 | 15,485 | $1.8B |
| 2023 | 5 | 13,628 | $2.0B |
| 2024 | 5 | 13,266 | $2.2B |
Nearby Other Plans in North Carolina
Peer Other plans, same state, same plan type, ranked by total assets.
- Duke Energy Retirement Cash Balance Plan $4.7B · 13,576
- Duke Energy Legacy Pension Plan $2.4B · 300
- The Trane Merged Hourly Pension Plan $726M · 1,100
- Albemarle Corporation Represented Pension Plan $482M · 158
- Mack UAW Pension Plan $409M · 1,073
Frequently Asked Questions
How much money is in the Lewis Center Pension Plan? ▼
What type of plan is Lewis Center Pension Plan? ▼
Who sponsors the Lewis Center Pension Plan? ▼
How did Lewis Center Pension Plan perform in 2024? ▼
What this filing means
Ways to act on Lewis Center Pension Plan's numbers.
- By total assets, Lewis Center Pension Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar Other plans in North Carolina. Compare plans
- Volvo Group North America LLC's sponsor-wide assets have grown 26.4% since 2022 across 3 plan years on file. More Manufacturing plans
- An Other plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types
Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.
Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 582431188.
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.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.