Defined Benefit (Pension) · DOL Form 5500 · 2024
Valvoline LLC Pension Plan
Data updated 2026-08-11
- $441M
- Total assets
- 69
- Participants
- 97th
- Percentile by assets
- $6.4M
- Avg per participant
Official DOL plan name: Ashland Hercules Pension Plan II · Sponsored by Valvoline LLC · Kentucky · Manufacturing
$441M in assets, 69 participants
Valvoline LLC's Ashland Hercules Pension Plan II reported $441M in total assets and 69 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 123,622 plans)
- #16,893 in Manufacturing (17,777 peers)
Where Ashland Hercules Pension Plan II sits by assets
Ashland Hercules Pension Plan II sits in the top 5% of all filed plans by assets, $441M for 69 participants (~$6.4M/participant), down 5.8% in 2024.
- $441M
- total plan assets (2024 EOY)
- 69
- covered participants
- 97th
- percentile by assets (of 123,622 plans)
- $6.4M
- avg assets per participant
The plan reported a net loss of $28M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Ashland Hercules Pension Plan II reported net income fell from $26M in the plan year 2023 filing to -$28M in the plan year 2024 filing.
- Ashland Hercules Pension Plan II reported participants rose from 57 in the plan year 2023 filing to 69 in the plan year 2024 filing.
- Ashland Hercules Pension Plan II end-of-year assets fell from $469M in the plan year 2023 filing to $441M in the plan year 2024 filing.
Ashland Hercules Pension Plan II vs the 2024 asset distribution
By assets, Ashland Hercules Pension Plan II outranks 97% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 4.4x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $469M |
|---|---|
| Net Assets (End of Year) | $441M |
| Net Income | -$28M |
| Employer EIN | 611782197 |
| Plan Effective Date | 2019-09-30 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Valvoline LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 602 | $1.4B |
| 2023 | 2 | 127 | $1.5B |
| 2024 | 2 | 112 | $1.4B |
Nearby Defined Benefit (Pension) Plans in Kentucky
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Ashland Hercules Pension Plan II vs. nearby Defined Benefit (Pension) plans in Kentucky, assets vs. participants
- Lg&e and Ku Pension Plan $1.0B · 742
- Ashland Hercules Pension Plan $924M · 43
- Yum Brands Retirement Plan $711M · 2,572
- Brown-Forman Corporation Salaried Employees Retirement Plan $478M · 1,237
- Lexmark Retirement Growth Account Plan $313M · 606
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Ashland Hercules Pension Plan II by total assets, not by location.
- Retirement Plan for Employees of Ben E. Keith Company and Its Affiliates (TX) $442M · 2,494
- Aflac Incorporated Pension Plan (GA) $440M · 2,139
- Abbvie Pension Plan for Former Basf and Former Solvay Employees (IL) $440M · 429
- Medianews Group Pension Plan (CO) $444M · 217
Frequently Asked Questions
How did Ashland Hercules Pension Plan II assets move in 2024? ▼
How have Valvoline LLC plan assets changed over time? ▼
Where does Ashland Hercules Pension Plan II rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Ashland Hercules Pension Plan II? ▼
Next read for Ashland Hercules Pension Plan II
Scale reading
Ways to act on Ashland Hercules Pension Plan II's numbers.
- By total assets, Ashland Hercules Pension Plan II ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Kentucky. Compare plans
- Valvoline LLC's sponsor-wide assets have grown 0.3% since 2022 across 3 plan years on file. More Manufacturing plans