401(k) · DOL Form 5500 · 2024
Volvo Group North America, LLC 401(k) Plan
Data updated 2026-08-25
- $151M
- Total assets Near avg plan size
- 3,076
- Participants Above avg headcount
- 93rd
- Percentile by assets National rank
- $48,974
- Avg per participant Low balance/head
Official DOL plan name: Voluntary Investment Pretax Plan for the Volvo Group North America Union Employees · Sponsored by Volvo Group North America, LLC · North Carolina · Manufacturing
$151M in assets, 3,076 participants
Volvo Group North America, LLC's Voluntary Investment Pretax Plan for the Volvo Group North America Union Employees reported $151M in total assets and 3,076 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.
- #15,894 in Manufacturing (17,777 peers)
Coverage in North Carolina
Voluntary Investment Pretax Plan for the Volvo Group North America Union Employees covers 3,076 participants in North Carolina, 3.8x the typical North Carolina plan (state average ~819 per filing). Assets: $151M.
- #15,894
- in Manufacturing (17,777 peers)
- +15.8%
- assets growth YoY
- 1.5×
- vs typical plan assets (national mean)
Voluntary Investment Pretax Plan for the Volvo Group North America Union Employees's outsized position by total assets
Voluntary Investment Pretax Plan for the Volvo Group North America Union Employees vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$150,644,783 Top 7% higher than 93% 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
Voluntary Investment Pretax Plan for the Volvo Group North America Union Employees'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. Voluntary Investment Pretax Plan for the Volvo Group North America Union Employees lands in the large band (3,076 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Voluntary Investment Pretax Plan for the Volvo Group North America Union Employees end-of-year assets rose from $130M in the plan year 2023 filing to $151M in the plan year 2024 filing.
- Voluntary Investment Pretax Plan for the Volvo Group North America Union Employees reported net income fell from $24M in the plan year 2023 filing to $22M in the plan year 2024 filing.
- Voluntary Investment Pretax Plan for the Volvo Group North America Union Employees reported participants fell from 3,187 in the plan year 2023 filing to 3,076 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 582431188 · Volvo Group North America, LLC PY 2024 · 401(k)
Voluntary Investment Pretax Plan for the Volvo Group North America Union Employees · $151M · 3,076 · 93rd
- PHOTO $151M
- PHOTO 3,076
- PHOTO 93rd
- PHOTO 401(k)
- PHOTO near Jeffer Mangels Butler & Mitchell LLP Profit Sharing and 401(k) Plan
- PHOTO ind #15894
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 →
Voluntary Investment Pretax Plan for the Volvo Group North America Union Employees in the asset neighbourhood
North Carolina filing particulars
| Total Assets (Beginning of Year) | $130M |
|---|---|
| Net Assets (End of Year) | $151M |
| Net Income | $22M |
| Employer EIN | 582431188 |
| Plan Effective Date | 1994-06-01 |
| 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
Voluntary Investment Pretax Plan for the Volvo Group North America Union Employees's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is Jeffer Mangels Butler & Mitchell LLP Profit Sharing and 401(k) Plan in CA ($151M); by covered participants it is Salt River Community Gaming Enterprises 401(k) Plan in AZ (3,076 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($151M here).
- Jeffer Mangels Butler & Mitchell LLP Profit Sharing and 401(k) Plan (CA) $151M · 177
- Spirax Sarco, Inc. 401(k) Plan (SC) $151M · 1,072
- Waste Isolation Pilot Plant Savings Plan (NM) $151M · 1,077
- Serra Automotive 401(k) Plan & Trust (MI) $151M · 2,775
Similar participant headcount
Nearest other-state filings by covered participants (3,076 participants); asset peers above are excluded.
- Salt River Community Gaming Enterprises 401(k) Plan (AZ) 3,076 · 0 off
- National Indemnity Company Employee Retirement and Savings Plan (NE) 3,077 · 1 off
- Prime, Inc. Success Sharing Plan (MO) 3,074 · 2 off
- Niemann Foods, Inc. 401(k) Profit Sharing Plan (IL) 3,073 · 3 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.