Defined Benefit (Pension) · DOL Form 5500 · 2024
Valvoline LLC Pension Plan
Data updated 2026-08-11
- $924M
- Total assets
- 43
- Participants
- 98th
- Percentile by assets
- $21.5M
- Avg per participant
Official DOL plan name: Ashland Hercules Pension Plan · Sponsored by Valvoline LLC · Kentucky · Manufacturing
$924M in assets, 43 participants
Valvoline LLC's Ashland Hercules Pension Plan reported $924M in total assets and 43 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 123,622 plans)
- #17,279 in Manufacturing (17,777 peers)
Where Ashland Hercules Pension Plan sits by assets
Ashland Hercules Pension Plan sits in the top 5% of all filed plans by assets, $924M for 43 participants (~$21.5M/participant), down 6.1% in 2024.
- $924M
- total plan assets (2024 EOY)
- 43
- covered participants
- 98th
- percentile by assets (of 123,622 plans)
- $21.5M
- avg assets per participant
The plan reported a net loss of $61M 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 reported net income fell from $65M in the plan year 2023 filing to -$61M in the plan year 2024 filing.
- Ashland Hercules Pension Plan reported participants fell from 70 in the plan year 2023 filing to 43 in the plan year 2024 filing.
- Ashland Hercules Pension Plan end-of-year assets fell from $984M in the plan year 2023 filing to $924M in the plan year 2024 filing.
Ashland Hercules Pension Plan vs the 2024 asset distribution
By assets, Ashland Hercules Pension Plan outranks 98% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 9.3x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $984M |
|---|---|
| Net Assets (End of Year) | $924M |
| Net Income | -$61M |
| Employer EIN | 611782197 |
| Plan Effective Date | 1913-01-01 |
| 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 vs. nearby Defined Benefit (Pension) plans in Kentucky, assets vs. participants
- Lg&e and Ku Pension Plan $1.0B · 742
- Yum Brands Retirement Plan $711M · 2,572
- Brown-Forman Corporation Salaried Employees Retirement Plan $478M · 1,237
- Ashland Hercules Pension Plan II $441M · 69
- 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 by total assets, not by location.
- Westinghouse Electric Company Pension Plan (PA) $924M · 2,390
- Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW (MI) $923M · 3,028
- Agere Systems Pension Plan (PA) $922M · 128
- Western Connecticut Health Network Pension Plan (CT) $922M · 1,461
Frequently Asked Questions
How did Ashland Hercules Pension Plan assets move in 2024? ▼
How have Valvoline LLC plan assets changed over time? ▼
Where does Ashland Hercules Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Ashland Hercules Pension Plan? ▼
Next read for Ashland Hercules Pension Plan
Scale reading
Ways to act on Ashland Hercules Pension Plan's numbers.
- By total assets, Ashland Hercules Pension Plan 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