Volvo Cars Of North America, Llc 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2015. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Volvo Cars Of North America, Llc 401(k) Plan Facts (plan year 2015)

Plan name
VOLVO CARS EMPLOYEES SAVINGS TRUST PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
VOLVO CARS OF NORTH AMERICA, LLC
Participants
738 (498 active employees)
Former employees with a balance
250
Plan assets
$111,432,533 at Dec 31, 2015
Average account balance
$178,578 across 624 accounts
Employer contributions
$3,182,859 in plan year 2015 (51% of all contributions)
Plan year
Jan 1, 2015 – Dec 31, 2015
Plan established
Apr 1, 1999
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2015 (Jan 1, 2015 – Dec 31, 2015), filed Oct 17, 2016. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2015

  • $6.19 million went into the plan in contributions, $3.18 million of it from the employer (51%).
  • $12.5 million was paid out to participants.
  • Investment and other income added $2.47 million.
  • Administrative expenses were $52,457, about $84 per account.

How the Volvo Cars Of North America, Llc 401(k) changed, 2010–2015

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2010824$80.7 million$3.70 million$4.63 million
2011817$75.9 million$3.17 million$4.17 million
2012817$86.6 million$3.38 million$4.68 million
2013812$109.3 million$3.50 million$5.09 million
2014735$115.3 million$3.37 million$8.65 million
2015738$111.4 million$3.18 million$12.5 million

Volvo Cars Of North America, Llc 401(k) Contact Information

Phone
201-768-7300
Mailing address
1 VOLVO DRIVE, ROCKLEIGH NJ 07647
Plan sponsor
VOLVO CARS OF NORTH AMERICA, LLC
Employer identification number (EIN)
31-1814807
Plan number
335

Questions about the Volvo Cars Of North America, Llc 401(k)

Is the Volvo Cars Of North America, Llc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2015, and no later filing was found under this employer's EIN.

Does Volvo Cars Of North America, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2015 the employer contributed $3.18 million, 51% of all contributions.

Does the Volvo Cars Of North America, Llc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Volvo Cars Of North America, Llc 401(k) plan?

738 participants at the start of plan year 2015, 498 of them active employees, and 250 former employees who still had money in the plan.

What is the average 401(k) balance at Volvo Cars Of North America, Llc?

About $178,578 per account: $111.4 million in plan assets across 624 accounts with a balance at the end of plan year 2015.

Who manages the Volvo Cars Of North America, Llc 401(k) accounts?

Fidelity NetBenefits is the plan's recordkeeper, which is where participants log in to see their balance.

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