Defined Benefit (Pension) · DOL Form 5500 · 2024

Valvoline LLC Pension Plan

Data updated 2026-08-25

$441M
Total assets Above avg plan size
69
Participants Small participant base
97th
Percentile by assets National rank
$6.4M
Avg per participant High balance/head
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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.

  • #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.

#16,893
in Manufacturing (17,777 peers)
-5.8%
assets change YoY
4.4×
vs typical plan assets (national mean)

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.

Ashland Hercules Pension Plan II's outsized position by total assets

Ashland Hercules Pension Plan II vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$441,399,000 Top 3% higher than 97% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Ashland Hercules Pension Plan II among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ashland Hercules Pension Plan II is a small filing (69 participants) on this national headcount ladder.

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.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 611782197 · Valvoline LLC PY 2024 · Defined Benefit (Pension)

Ashland Hercules Pension Plan II · $441M · 69 · 97th

  • TYPE $441M
  • NET 69
  • BOOK 97th
  • VS-ST Defined Benefit (Pension)
  • BOY near Retirement Plan for Employees of Ben E. Keith Company and Its Affiliates
  • SCH ind #16893

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 Kentucky →

Ashland Hercules Pension Plan II in the asset neighbourhood

Medianews Group Pension Plan$444MRetirement Plan for Employees of Ben E. Keith Company and Its AffiliatesRetirement Plan for Employee…$442MAshland Hercules Pension Plan IIAshland Hercules Pension Pla…$441MAflac Incorporated Pension PlanAflac Incorporated Pension P…$440MAbbvie Pension Plan for Former Basf and Former Solvay EmployeesAbbvie Pension Plan for Form…$440M
End-of-year total assets ($M) among Ashland Hercules Pension Plan II and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$469M
Net Assets (End of Year)$441M
Net Income-$28M
Employer EIN611782197
Plan Effective Date2019-09-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Valvoline LLC)

Sponsor-wide plan assets over time

All Valvoline LLC plans reported in each filing year

Latest sponsor-wide plan assets
$1.4B 0.32776647098153605% vs 2022
2024 filing year
$1.35B$1.4B$1.45B$1.5B 202220232024 $1.36B $1.37B ▲ +0.7%
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 Scatter plot of 6 data points. -10000100020003000 0.20.40.60.811.2 Total assets ($B) Participants Ashland Hercules Pension Plan II, Total assets ($B): 0.441399 · Participants: 69Ashland Hercules Pension Plan IILg&e and Ku Pension Plan, Total assets ($B): 1.022111396 · Participants: 742Lg&e and Ku Pension PlanAshland Hercules Pension Plan, Total assets ($B): 0.924092 · Participants: 43Ashland Hercules Pension PlanYum Brands Retirement Plan, Total assets ($B): 0.711228 · Participants: 2572Yum Brands Retirement PlanBrown-Forman Corporation Salaried Employees Retirement Plan, Total assets ($B): 0.477947218 · Participants: 1237Brown-Forman Corporation Salaried Employees Retirement PlanLexmark Retirement Growth Account Plan, Total assets ($B): 0.313218657 · Participants: 606Lexmark Retirement Growth Account Plan
Ashland Hercules Pension Plan II vs. nearby Defined Benefit (Pension) plans in Kentucky, assets vs. participants
Compare Ashland Hercules Pension Plan II side-by-side with 3 peers →

Ashland Hercules Pension Plan II's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Kentucky, the nearest Defined Benefit (Pension) by assets is Retirement Plan for Employees of Ben E. Keith Company and Its Affiliates in TX ($442M); by covered participants it is Jack Rubin & Sons, Inc. Defined Benefit Pension Plan in CA (69 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (69 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Ashland Hercules Pension Plan II assets move in 2024? ▼
Ashland Hercules Pension Plan II pulled back noticeably - down 5.8% during 2024, from $469M to $441M. Reported net income was -$28M.
How have Valvoline LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Valvoline LLC's sponsor-wide assets grew 0.3%, from $1.4B to $1.4B.
Where does Ashland Hercules Pension Plan II rank by assets among Form 5500 filers? ▼
Ashland Hercules Pension Plan II ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Ashland Hercules Pension Plan II? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Employees of Ben E. Keith Company and Its Affiliates in TX ($442M, 2,494 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Ashland Hercules Pension Plan II? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Jack Rubin & Sons, Inc. Defined Benefit Pension Plan in CA (69 participants, $4M in assets).

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 611782197.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.