Volvo Group North America 401(k) and pension plans

Volvo Group North America, LLC, Greensboro, NC. EIN 58-2431188. Annual reports 2009–2024. Also filed as Volvo Group North America LLC.

Volvo Group North America, LLC has 5 active retirement plans on file. The largest is the Volvo Group North America Voluntary Investment Pretax Plan, with 7,644 participants and $1.5 billion in assets in 2024. Transamerica has been its recordkeeper since 2018.

Active plans
5
Participants
21,210
Plan assets
$2.2 billion
401(k) recordkeeper
Transamerica
Plans on file
5
Industry
Manufacturing

All 5 plans

Active plans first

Volvo Group North America Voluntary Investment Pretax Plan

401(k)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number
008Employer EIN 58-2431188
Participants (2024)
7,644
Net assets (2024)
$1.5 billion
Recordkeeper
TransamericaEarlier: Mercer (2009–2017)
Plan administrator
Volvo Group North America, LLC
8003 Piedmont Triad Parkway
Greensboro, NC 27409
(336) 541-1231As filed for 2024
In effect since
January 1, 1985

Plans merged into this one: Arrow Truck Sales, Inc. 401(k) Retirement Plan (2024).

Earlier plan names: Vgna Vol Investment Pretax Plan.

Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
20247,644$1.5 billionTransamerica
20237,475$1.2 billionTransamerica
20227,332$993 millionTransamerica
20218,610$1.2 billionTransamerica
20207,587$1.0 billionTransamerica
20197,413$913 millionTransamerica
20186,235$745 millionTransamerica
20176,045$776 millionMercer
20165,827$661 millionMercer
20155,822$630 millionMercer
20145,272$636 millionMercer
20135,234$602 millionMercer
20124,735$472 millionMercer
20114,964$417 millionMercer
20104,822$408 millionMercer
20094,929$400 millionMercer

Volvo Group North America Retirement Plan

Cash balance pensionActive

Active. The plan filed its annual report for the 2024 plan year.

Plan number
001Employer EIN 58-2431188
Participants (2024)
5,789
Net assets (2024)
$314 million
Administered by
Telus HealthEarlier: Morneau Shepell/Lifeworks (2021–2022), Morneau Shepell (2020), Mercer (2009–2019)
Plan administrator
Volvo Group North America LLC
7900 National Service Road, Mail Stop CC/2-5
Greensboro, NC 27409
(336) 541-1231As filed for 2024
In effect since
September 1, 1981
Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
20245,789$314 millionTelus Health
20235,951$339 millionTelus Health
20226,161$338 millionMorneau Shepell/Lifeworks
20216,892$522 millionMorneau Shepell/Lifeworks
20209,490$645 millionMorneau Shepell
20199,647$619 millionMercer
20189,378$562 millionMercer
20178,947$582 millionMercer
20168,989$509 millionMercer
20159,055$493 millionMercer
20148,741$505 millionMercer
20138,714$490 millionMercer
20128,700$446 millionMercer
20118,601$381 millionMercer
20108,473$368 millionMercer
20098,575$327 millionMercer

Voluntary Investment Pretax Plan for the Volvo Group North America Union Employees

401(k)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number
014Employer EIN 58-2431188
Participants (2024)
4,429
Net assets (2024)
$151 million
Recordkeeper
TransamericaEarlier: Mercer (2009–2017)
Plan administrator
Volvo Group North America, LLC
8003 Piedmont Triad Parkway
Greensboro, NC 27409
(800) 344-8339As filed for 2024
In effect since
June 1, 1994

Earlier plan names: Voluntary Investment Pretax Plan for the Volvo Group North America, Inc. Union Employees; Vol Investment Pretax PL for the Vgna Union Ees; Voluntary Investment Pretax Plan for the Vgna Union Employees.

Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
20244,429$151 millionTransamerica
20234,538$130 millionTransamerica
20224,512$107 millionTransamerica
20214,241$123 millionTransamerica
20203,545$109 millionTransamerica
20194,024$103 millionTransamerica
20184,061$83.6 millionTransamerica
20173,523$86.3 millionMercer
20163,293$73.8 millionMercer
20153,527$72.0 millionMercer
20143,229$69.8 millionMercer
20132,664$64.8 millionMercer
20122,646$54.5 millionMercer
20112,764$48.3 millionMercer
20102,203$45.9 millionMercer
20092,576$43.6 millionMercer

Volvo Group North America New River Valley Pension Plan

Pension (defined benefit)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number
002Employer EIN 58-2431188
Participants (2024)
3,063
Net assets (2024)
$300 million
Administered by
Telus HealthEarlier: Morneau Shepell/Lifeworks (2021–2022), Morneau Shepell (2020), Mercer (2009–2019)
Plan administrator
Volvo Group North America LLC
7900 National Service Road, Mail Stop CC/2-5
Greensboro, NC 27409
(336) 541-1231As filed for 2024
In effect since
September 1, 1981
Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
20243,063$300 millionTelus Health
20233,110$319 millionTelus Health
20223,144$314 millionMorneau Shepell/Lifeworks
20213,162$412 millionMorneau Shepell/Lifeworks
20203,197$419 millionMorneau Shepell
20193,229$378 millionMercer
20183,205$334 millionMercer
20173,200$336 millionnot listed
20163,205$286 millionMercer
20153,143$263 millionMercer
20143,156$270 millionMercer
20133,188$258 millionMercer
20123,253$224 millionMercer
20113,289$177 millionMercer
20103,309$163 millionMercer
20093,313$151 millionMercer

Lewis Center Pension Plan

Pension (defined benefit)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number
006Employer EIN 58-2431188
Participants (2024)
285
Net assets (2024)
$16.8 million
Administered by
Telus HealthEarlier: Morneau Shepell (2020–2022), Mercer (2009–2019)
Plan administrator
Volvo Group North America LLC
7900 National Service Road, Mail Stop CC/2-5
Greensboro, NC 27409
(336) 541-1231As filed for 2024
In effect since
January 1, 1983
Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
2024285$16.8 millionTelus Health
2023285$17.8 millionTelus Health
2022287$17.4 millionMorneau Shepell
2021292$22.8 millionMorneau Shepell
2020297$23.0 millionMorneau Shepell
2019297$20.7 millionMercer
2018298$18.3 millionMercer
2017301$18.3 millionMercer
2016304$14.8 millionMercer
2015309$13.8 millionMercer
2014308$13.9 millionMercer
2013291$13.0 millionMercer
2012287$10.7 millionMercer
2011263$7.9 millionMercer
2010250$6.9 millionMercer
2009256$5.4 millionMercer

If you had money in one of these plans

  1. Call Transamerica (transamerica.com), which runs the Volvo Group North America Voluntary Investment Pretax Plan. With your Social Security number and the plan name, it can tell you whether you still have a balance and, if not, where it went.
  2. Or call the plan administrator listed on the plan below ((336) 541-1231). That number was filed for 2024; ask for the benefits or retirement plan office.
  3. Still stuck? The Department of Labor's benefits advisers help for free: askebsa.dol.gov or 1-866-444-3272. Never pay anyone to find your own money.

What these numbers are

Sources: U.S. Department of Labor, Form 5500 datasets and PBGC trusteed plans. How we read them.

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