Volvo Car USA 401(k) match, vesting and fees
What Volvo Car USA's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Inv. Inst. Operations Co. | Schedule C ↗ |
| Independent auditor | Plante & Moran, PLLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,619 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.
| Volvo Car USA: employer contribution per participant | $4,029 | |
| Peer median | $2,413 |
| Volvo Car USA: average balance | $83,396 | |
| Peer median | $86,456 |
| Volvo Car USA: admin expenses ÷ assets | 0.18% | |
| Peer median | 0.12% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $289M at the end of plan year 2021 to $326M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 4,017 | $326M | $15.7M | $4,029 | 0.18% | Not published | Form 5500 ↗ |
| 2023 | 3,511 | $272M | $13.6M | $3,994 | 0.16% | Not published | Form 5500 ↗ |
| 2022 | 2,896 | $228M | $10.2M | $3,658 | 0.16% | Not published | Form 5500 ↗ |
| 2021 | 2,486 | $289M | $10.5M | $4,434 | 0.15% | Not published | Form 5500 ↗ |
Other Volvo Car USA plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Pension Plan of Volvo Cars of North America, LLC
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Mercer | Schedule C ↗ |
| Independent auditor | Plante & Moran, PLLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Common questions
Does Volvo Car USA match 401(k) contributions?
The match terms for the Volvo Cars Employees' Savings Trust Plan have not been published from its filing yet. The plan year 2024 filing reports $15.7M in employer contributions, about $4,029 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Volvo Car USA 401(k) match vested?
The vesting schedule for the Volvo Cars Employees' Savings Trust Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Volvo Car USA 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Inv. Inst. Operations Co.. The plan administrator is Volvo Car USA LLC.
I left Volvo Car USA. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Volvo Car USA LLC, (201) 768-7300) or the recordkeeper, Fidelity Inv. Inst. Operations Co.. The Volvo Car USA old 401(k) page lists the contacts from every plan filing. Find an old Volvo Car USA 401(k)
Data from the public Form 5500 annual reports Volvo Car USA filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Volvo Car USA. Not financial advice. Report a correction · Methodology