401(k) · DOL Form 5500 · 2024
Volvo Group North America, LLC 401(k) Plan
Data updated 2026-08-25
- $1.5B
- Total assets Very large vs avg
- 5,452
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $266,924
- Avg per participant High balance/head
Official DOL plan name: Volvo Group North America Voluntary Investment Pretax Plan · Sponsored by Volvo Group North America, LLC · North Carolina · Manufacturing
$1.5B in assets, 5,452 participants
Volvo Group North America, LLC's Volvo Group North America Voluntary Investment Pretax Plan reported $1.5B in total assets and 5,452 participants in its 2024 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.
- #17,434 in Manufacturing (17,777 peers)
Coverage in North Carolina
Volvo Group North America Voluntary Investment Pretax Plan covers 5,452 participants in North Carolina, 6.7x the typical North Carolina plan (state average ~819 per filing). Assets: $1.5B.
- #17,434
- in Manufacturing (17,777 peers)
- +18.7%
- assets growth YoY
- 15×
- vs typical plan assets (national mean)
Volvo Group North America Voluntary Investment Pretax Plan's outsized position by total assets
Volvo Group North America Voluntary Investment Pretax Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$1,455,271,106 Top 1% higher than 99% 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 Voluntary Investment Pretax 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 Voluntary Investment Pretax Plan lands in the large band (5,452 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Volvo Group North America Voluntary Investment Pretax Plan reported net income fell from $231M in the plan year 2023 filing to $187M in the plan year 2024 filing.
- Volvo Group North America Voluntary Investment Pretax Plan end-of-year assets rose from $1.2B in the plan year 2023 filing to $1.5B in the plan year 2024 filing.
- Volvo Group North America Voluntary Investment Pretax Plan reported participants rose from 5,387 in the plan year 2023 filing to 5,452 in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 582431188 · Volvo Group North America, LLC PY 2024 · 401(k)
Volvo Group North America Voluntary Investment Pretax Plan · $1.5B · 5,452 · 99th
- VS-ST $1.5B
- VS-ST 5,452
- VS-ST 99th
- VS-ST 401(k)
- VS-ST near Seattle Children's Healthcare System Employees Retirement Plan
- VS-ST ind #17434
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 Voluntary Investment Pretax Plan in the asset neighbourhood
North Carolina filing particulars
| Total Assets (Beginning of Year) | $1.2B |
|---|---|
| Net Assets (End of Year) | $1.5B |
| Net Income | $187M |
| Employer EIN | 582431188 |
| Plan Effective Date | 1985-01-01 |
| 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 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Bank of America 401(k) Plan $62.9B · 168,963
- Honeywell 401(k) Plan $16.3B · 39,468
- Duke Energy Retirement Savings Plan $11.3B · 27,341
- Nucor Corporation Profit Sharing and Retirement Savings Plan $9.3B · 27,070
- Truist Financial Corporation 401(k) Savings Plan $9.2B · 52,699
Scale composition for Volvo Group North America Voluntary Investment Pretax Plan
Volvo Group North America Voluntary Investment Pretax Plan reports $1.5B in end-of-year assets across 5,452 participants (0.012% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $266,924 per participant (1.9x the national average assets-per-participant) . Net income for plan year 2024 was $187M.
This plan identity (EIN 582431188, plan #008) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $993M to $1.5B (+46.6%) while covered participants moved from 6,771 to 5,452 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 6,771 | $993M | Open filing |
| 2023 | 5,387 | $1.2B | Open filing |
| 2024 · index core | 5,452 | $1.5B | This page |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Volvo Group North America Retirement Plan (Defined Benefit (Pension), $314M, 3,512 participants)
- Volvo Group North America New River Valley Pension Plan (Defined Benefit (Pension), $300M, 1,209 participants)
- Voluntary Investment Pretax Plan for the Volvo Group North America Union Employees (401(k), $151M, 3,076 participants)
Volvo Group North America Voluntary Investment Pretax Plan's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is Seattle Children's Healthcare System Employees Retirement Plan in WA ($1.5B); by covered participants it is Team Ahr, LLC Multiple Employer 401(k) Plan in CA (5,451 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.5B here).
- Seattle Children's Healthcare System Employees Retirement Plan (WA) $1.5B · 10,042
- Deluxe Corporation 401(k) Plan (MN) $1.5B · 4,823
- Gibson, Dunn & Crutcher LLP Retirement Plan (CA) $1.5B · 2,610
- Andersen 401(k) Plan (MN) $1.5B · 13,115
Similar participant headcount
Nearest other-state filings by covered participants (5,452 participants); asset peers above are excluded.
- Team Ahr, LLC Multiple Employer 401(k) Plan (CA) 5,451 · 1 off
- Keysight Technologies, Inc. 401(k) Plan (CA) 5,455 · 3 off
- Ivyrehab Physical Therapy PLLC 401(k) Profit Sharing Plan (NY) 5,456 · 4 off
- The Reynolds and Reynolds Company 401(k) Savings Plan (OH) 5,448 · 4 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.