Plan Snapshot
- Plan Sponsor: Volvo Group North America, LLC
- Sponsor EIN: 582431188
- Sponsor Address: 8003 PIEDMONT TRIAD PARKWAY, GREENSBORO, NC, 274099416
- Plan Type: 401(k)
- Plan Number: 010
- Total Participants: 0
- Total Assets: $1.1B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $1.1B | $0 | $0 |
| 2023 | 0 | $1.1B | $0 | $0 |
| 2022 | 0 | $1.6B | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MERCER | Investment Advisor | $1,880,834 | — | $1,880,834 |
| JP MORGAN CHASE BANK | Recordkeeper | $381,590 | — | $381,590 |
| JPMORGAN INVESTMENT MANAGEMENT INC | Recordkeeper | $265,836 | — | $265,836 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERCER — Investment Advisor
- JP MORGAN CHASE BANK — Recordkeeper
- JPMORGAN INVESTMENT MANAGEMENT INC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,528,260
- Estimated Expense Ratio: 0.240% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $2,528,261 | $2,146,671 | — | — | — |
| 2023 | $2,893,540 | $2,526,912 | — | — | — |
| 2022 | $8,218,800 | $4,202,344 | $1,232,873 | — | $1,008,095 |