Voluntary Investment Pretax Plan For The Vgna Union Employees — Form 5500 plan (Volvo Group North America, LLC)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Voluntary Investment Pretax Plan For The Vgna Union Employees is a benefit plan reported by Volvo Group North America, LLC under EIN 58-2431188 and plan number 014. The latest loaded filing year is 2023. The filing reports 4,512 participants and $130,057,279 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$130.1MPlan net assets, end of year$130,057,279
Participants4.5KCovered participants reported4,512
Assets / participant$28.8KComputed: assets ÷ participants$28,825 (computed)
Provider compensation$221.1K3 Schedule C provider row(s)$221,084
Plan sponsor
Volvo Group North America, LLC
EIN
58-2431188
Plan number
014
Plan type
2
Location
Greensboro, NC
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    4,512 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$130.1M total assets
Net assets$130.1MLiabilities
Money in vs. money out
Total income / additions$34M
Total expenses$10.4M
Benefits paid / distributions$10.2M
Contributions
Employer$5.2M
Participant$8.9M
Full reported line items

Net assets

Total assets (EOY)
$130,057,279
Net assets (EOY)
$130,057,279
Net assets (BOY)
$107,010,714

Income & contributions

Employer contributions
$5,163,393
Participant contributions
$8,888,422
Total contributions
$14,257,383
Total income / additions
$34,004,881

Expenses & distributions

Benefits paid
$10,152,462
Administrative expenses
$221,084
Total expenses
$10,390,172
Net increase / (decrease)
$23,614,709
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 37%Participant 63%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income30%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    RECORDKEEPER · Direct $209.2K · Indirect $0
  2. 2
    CONSULTANT · Direct $11.9K
  3. 3
    SECURITIES BROKER · Direct $0 · Indirect $0

Related Form 5500 pages