Defined Benefit (Pension) · DOL Form 5500 · 2024
Volvo Group North America LLC Pension Plan
Data updated 2026-08-25
- $300M
- Total assets Above avg plan size
- 1,209
- Participants Near avg headcount
- 96th
- Percentile by assets National rank
- $247,937
- Avg per participant Above avg balance/head
Official DOL plan name: Volvo Group North America New River Valley Pension Plan · Sponsored by Volvo Group North America LLC · North Carolina · Manufacturing
$300M in assets, 1,209 participants
Volvo Group North America LLC's Volvo Group North America New River Valley Pension Plan reported $300M in total assets and 1,209 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.
- #16,608 in Manufacturing (17,777 peers)
Where Volvo Group North America New River Valley Pension Plan sits by assets
Volvo Group North America New River Valley Pension Plan sits in the top 5% of all filed plans by assets, $300M for 1,209 participants (~$247,937/participant), down 6.1% in 2024.
- #16,608
- in Manufacturing (17,777 peers)
- -6.1%
- assets change YoY
- 3.0×
- vs typical plan assets (national mean)
The plan reported a net loss of $20M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Volvo Group North America New River Valley Pension Plan's outsized position by total assets
Volvo Group North America New River Valley Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$299,755,797 Top 4% higher than 96% 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 Group North America New River Valley Pension Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Volvo Group North America New River Valley Pension Plan lands in the large band (1,209 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Volvo Group North America New River Valley Pension Plan reported net income fell from $5M in the plan year 2023 filing to -$20M in the plan year 2024 filing.
- Volvo Group North America New River Valley Pension Plan reported participants fell from 1,299 in the plan year 2023 filing to 1,209 in the plan year 2024 filing.
- Volvo Group North America New River Valley Pension Plan end-of-year assets fell from $319M in the plan year 2023 filing to $300M in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 582431188 · Volvo Group North America LLC PY 2024 · Defined Benefit (Pension)
Volvo Group North America New River Valley Pension Plan · $300M · 1,209 · 96th
- 5500 $300M
- 5500 1,209
- 5500 96th
- 5500 Defined Benefit (Pension)
- 5500 near Inlandboatmen's Union of the Pacific National Pension Plan
- 5500 ind #16608
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 North Carolina →
Volvo Group North America New River Valley Pension Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $319M |
|---|---|
| Net Assets (End of Year) | $300M |
| Net Income | -$20M |
| Employer EIN | 582431188 |
| Plan Effective Date | 1981-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Volvo Group North America LLC)
Sponsor-wide plan assets over time
All Volvo Group North America LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $2.2B 26.43246042441232% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 5 | 15,485 | $1.8B |
| 2023 | 5 | 13,628 | $2.0B |
| 2024 | 5 | 13,266 | $2.2B |
Nearby Defined Benefit (Pension) Plans in North Carolina
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Honeywell Retirement Earnings Plan $16.6B · 9,923
- Truist Financial Corporation Pension Plan $14.7B · 38,548
- Duke Energy Retirement Cash Balance Plan $4.7B · 13,576
- Employees' Retirement Plan of Duke University $2.8B · 22,655
- The Hearst Corporation Retirement Plan $2.4B · 1,745
Volvo Group North America New River Valley Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside North Carolina, the nearest Defined Benefit (Pension) by assets is Inlandboatmen's Union of the Pacific National Pension Plan in OR ($300M); by covered participants it is Schlage Lock Company LLC Pension Plan in IN (1,210 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($300M here).
- Inlandboatmen's Union of the Pacific National Pension Plan (OR) $300M · N/A
- Essential Utilities, Inc. Pension Plan (PA) $299M · 508
- Massachusetts Service Employees' Pension Fund (NY) $300M · 12,813
- Ufcw International Union-Industry Variable Annuity Pension Plan (IL) $300M · 41,671
Similar participant headcount
Nearest other-state filings by covered participants (1,209 participants); asset peers above are excluded.
- Schlage Lock Company LLC Pension Plan (IN) 1,210 · 1 off
- Michigan Bac Pension Fund (MI) 1,207 · 2 off
- Domtar US Hourly Pension Plan () 1,206 · 3 off
- Ims Health Incorporated Retirement Plan (CT) 1,213 · 4 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.