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Company:
Volvo Group North America, LLC
Plan:
Volvo Group North America Voluntary Investment Pretax Plan
 

Volvo Group North America, LLC

74 Plan:

 
 
74
41
69
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (74) and the top rated plan (85) could equate to:
[How is this calculated?]
7 additional years of work
Up to $45,100 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Volvo Group North America Voluntary Investment Pretax Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 74. This plan is in the top 15% of plans for Account Balances and Total Plan Cost. Volvo Group North America Voluntary Investment Pretax Plan currently has over 4,800 active participants and over $406.6M in plan assets.

 

 Retirement Plan Details

Address 7900 National Service Road
Cc/2-5
Greensboro, NC 27409-9416 
Industry Manufacturing
Administrator Karen W. Hall, Controller, Hr
Net Plan Assets $407,000,000
Total Participants 4,800
Avg Account Balance $85,000

 Top 3 Funds in this 401k

1. Wells Fargo Stable Value 18%
2. Fidelity Contrafund 13%
3. SSgA S&P 500 Index 13%

  Plan Service Providers

Corporate Trustee Mercer
Recordkeeper Mercer
Consultant Curcio Webb
Auditor Larson Allen LLP

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