VOLVO GROUP NORTH AMERICA NEW RIVER VALLEY PENSION PLAN
ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.
VOLVO GROUP NORTH AMERICA LLC
This Other plan holds $300M in total assets and serves 1,209 participants as of 2024. It is sponsored by VOLVO GROUP NORTH AMERICA LLC in North Carolina. The plan reported a net loss of $20M for the year.
What the Filing Says About VOLVO GROUP NORTH AMERICA NEW RIVER VALLEY PENSION PLAN
VOLVO GROUP NORTH AMERICA NEW RIVER VALLEY PENSION PLAN is a Other retirement plan sponsored by VOLVO GROUP NORTH AMERICA LLC, headquartered in North Carolina. As of the 2024 Form 5500 filing, the plan reports $300M in total end-of-year assets and covers 1,209 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 1981-09-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $319M at the beginning of 2024 to $300M at year-end — a decline of 6.1%. Net assets (after liabilities) closed the year at $300M, with reported net income of $-19,566,647 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) | $319M |
| Total Assets (End of Year) | $300M |
| Net Assets (End of Year) | $300M |
| Net Income | $-19,566,647 |
| Plan Type | Other |
| Employer EIN | 582431188 |
| Plan Effective Date | 1981-09-01 |
| 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 $4.0B · 14,485
- DUKE ENERGY LEGACY PENSION PLAN $3.4B · 371
- MACK UAW PENSION PLAN $864M · 1,123
- THE TRANE MERGED HOURLY PENSION PLAN $775M · 1,183
- ITG BRANDS, LLC RETIREMENT ALLOWANCE PLAN FOR HOURLY RATED AND/OR PIECEWORK EMPLOYEES $437M · 317
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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.