VOLVO GROUP NORTH AMERICA LLC has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan VOLVO GROUP NORTH AMERICA RETIREMENT PLAN
| Measure | Date | Value |
|---|
| 2023: VOLVO GROUP NORTH AMERICA RETIREMENT PLAN 2023 401k membership |
|---|
| Total participants, beginning-of-year | 2023-01-01 | 6,161 |
| Total number of active participants reported on line 7a of the Form 5500 | 2023-01-01 | 3,512 |
| Number of retired or separated participants receiving benefits | 2023-01-01 | 134 |
| Number of other retired or separated participants entitled to future benefits | 2023-01-01 | 2,192 |
| Total of all active and inactive participants | 2023-01-01 | 5,838 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2023-01-01 | 113 |
| Total participants | 2023-01-01 | 5,951 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2023-01-01 | 5 |
| 2022: VOLVO GROUP NORTH AMERICA RETIREMENT PLAN 2022 401k membership |
|---|
| Market value of plan assets | 2022-12-31 | 521,695,234 |
| Acturial value of plan assets | 2022-12-31 | 510,064,785 |
| Funding target for retired participants and beneficiaries receiving payment | 2022-12-31 | 65,897,365 |
| Number of terminated vested participants | 2022-12-31 | 2,277 |
| Fundng target for terminated vested participants | 2022-12-31 | 73,015,233 |
| Active participant vested funding target | 2022-12-31 | 239,780,316 |
| Number of active participants | 2022-12-31 | 4,150 |
| Total funding liabilities for active participants | 2022-12-31 | 240,746,257 |
| Total participant count | 2022-12-31 | 6,929 |
| Total funding target for all participants | 2022-12-31 | 379,658,855 |
| Balance at beginning of prior year after applicable adjustments | 2022-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2022-12-31 | 91,508,881 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2022-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2022-12-31 | 0 |
| Amount remaining of carryover balance | 2022-12-31 | 0 |
| Amount remaining of prefunding balance | 2022-12-31 | 91,508,881 |
| Present value of excess contributions | 2022-12-31 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2022-12-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2022-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2022-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2022-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2022-12-31 | 92,698,496 |
| Total employer contributions | 2022-12-31 | 0 |
| Total employee contributions | 2022-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2022-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2022-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2022-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2022-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2022-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2022-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2022-12-31 | 1,519,389 |
| Net shortfall amortization installment of oustanding balance | 2022-12-31 | 0 |
| Waiver amortization installment | 2022-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2022-12-31 | 0 |
| Additional cash requirement | 2022-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2022-12-31 | 0 |
| Unpaid minimum required contributions for current year | 2022-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2022-12-31 | 0 |
| Total participants, beginning-of-year | 2022-01-01 | 6,892 |
| Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 3,735 |
| Number of retired or separated participants receiving benefits | 2022-01-01 | 91 |
| Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 2,222 |
| Total of all active and inactive participants | 2022-01-01 | 6,048 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 113 |
| Total participants | 2022-01-01 | 6,161 |
| Number of participants with account balances | 2022-01-01 | 0 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 41 |
| 2021: VOLVO GROUP NORTH AMERICA RETIREMENT PLAN 2021 401k membership |
|---|
| Market value of plan assets | 2021-12-31 | 644,663,308 |
| Acturial value of plan assets | 2021-12-31 | 581,518,256 |
| Funding target for retired participants and beneficiaries receiving payment | 2021-12-31 | 134,196,946 |
| Number of terminated vested participants | 2021-12-31 | 2,334 |
| Fundng target for terminated vested participants | 2021-12-31 | 84,286,903 |
| Active participant vested funding target | 2021-12-31 | 224,513,981 |
| Number of active participants | 2021-12-31 | 4,555 |
| Total funding liabilities for active participants | 2021-12-31 | 226,004,025 |
| Total participant count | 2021-12-31 | 9,528 |
| Total funding target for all participants | 2021-12-31 | 444,487,874 |
| Balance at beginning of prior year after applicable adjustments | 2021-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2021-12-31 | 80,074,275 |
| Prefunding balanced used to offset prior years funding requirement | 2021-12-31 | 0 |
| Amount remaining of carryover balance | 2021-12-31 | 0 |
| Amount remaining of prefunding balance | 2021-12-31 | 80,074,275 |
| Present value of excess contributions | 2021-12-31 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2021-12-31 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2021-12-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2021-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2021-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2021-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2021-12-31 | 91,508,881 |
| Total employer contributions | 2021-12-31 | 0 |
| Total employee contributions | 2021-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2021-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2021-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2021-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2021-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2021-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2021-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2021-12-31 | 20,532,362 |
| Net shortfall amortization installment of oustanding balance | 2021-12-31 | 0 |
| Waiver amortization installment | 2021-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2021-12-31 | 0 |
| Carryover balance elected to use to offset funding requirement | 2021-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2021-12-31 | 0 |
| Additional cash requirement | 2021-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2021-12-31 | 0 |
| Unpaid minimum required contributions for current year | 2021-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2021-12-31 | 0 |
| Total participants, beginning-of-year | 2021-01-01 | 9,490 |
| Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 4,150 |
| Number of retired or separated participants receiving benefits | 2021-01-01 | 368 |
| Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 2,162 |
| Total of all active and inactive participants | 2021-01-01 | 6,680 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 212 |
| Total participants | 2021-01-01 | 6,892 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 117 |
| 2020: VOLVO GROUP NORTH AMERICA RETIREMENT PLAN 2020 401k membership |
|---|
| Market value of plan assets | 2020-12-31 | 619,549,392 |
| Acturial value of plan assets | 2020-12-31 | 578,454,993 |
| Funding target for retired participants and beneficiaries receiving payment | 2020-12-31 | 133,265,068 |
| Number of terminated vested participants | 2020-12-31 | 2,101 |
| Fundng target for terminated vested participants | 2020-12-31 | 69,600,108 |
| Active participant vested funding target | 2020-12-31 | 256,048,128 |
| Number of active participants | 2020-12-31 | 4,943 |
| Total funding liabilities for active participants | 2020-12-31 | 258,575,273 |
| Total participant count | 2020-12-31 | 9,683 |
| Total funding target for all participants | 2020-12-31 | 461,440,449 |
| Balance at beginning of prior year after applicable adjustments | 2020-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2020-12-31 | 68,427,854 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2020-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2020-12-31 | 0 |
| Amount remaining of carryover balance | 2020-12-31 | 0 |
| Amount remaining of prefunding balance | 2020-12-31 | 68,427,854 |
| Present value of excess contributions | 2020-12-31 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2020-12-31 | 0 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2020-12-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2020-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2020-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2020-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2020-12-31 | 80,074,275 |
| Total employer contributions | 2020-12-31 | 0 |
| Total employee contributions | 2020-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2020-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2020-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2020-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2020-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2020-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2020-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2020-12-31 | 21,796,174 |
| Net shortfall amortization installment of oustanding balance | 2020-12-31 | 0 |
| Waiver amortization installment | 2020-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2020-12-31 | 0 |
| Additional cash requirement | 2020-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2020-12-31 | 0 |
| Unpaid minimum required contributions for current year | 2020-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2020-12-31 | 0 |
| Total participants, beginning-of-year | 2020-01-01 | 9,647 |
| Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 4,555 |
| Number of retired or separated participants receiving benefits | 2020-01-01 | 2,073 |
| Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 2,228 |
| Total of all active and inactive participants | 2020-01-01 | 8,856 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 634 |
| Total participants | 2020-01-01 | 9,490 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 139 |
| 2019: VOLVO GROUP NORTH AMERICA RETIREMENT PLAN 2019 401k membership |
|---|
| Market value of plan assets | 2019-12-31 | 562,181,779 |
| Acturial value of plan assets | 2019-12-31 | 557,074,408 |
| Funding target for retired participants and beneficiaries receiving payment | 2019-12-31 | 129,720,112 |
| Number of terminated vested participants | 2019-12-31 | 2,043 |
| Fundng target for terminated vested participants | 2019-12-31 | 67,013,798 |
| Active participant vested funding target | 2019-12-31 | 267,878,240 |
| Number of active participants | 2019-12-31 | 4,726 |
| Total funding liabilities for active participants | 2019-12-31 | 269,196,785 |
| Total participant count | 2019-12-31 | 9,410 |
| Total funding target for all participants | 2019-12-31 | 465,930,695 |
| Balance at beginning of prior year after applicable adjustments | 2019-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2019-12-31 | 82,321,048 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2019-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2019-12-31 | 0 |
| Amount remaining of carryover balance | 2019-12-31 | 0 |
| Amount remaining of prefunding balance | 2019-12-31 | 82,321,048 |
| Present value of excess contributions | 2019-12-31 | 0 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2019-12-31 | 0 |
| Reductions in caryover balances due to elections or deemed elections | 2019-12-31 | 0 |
| Reductions in prefunding balances due to elections or deemed elections | 2019-12-31 | 16,403,986 |
| Balance of carryovers at beginning of current year | 2019-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2019-12-31 | 68,427,854 |
| Total employer contributions | 2019-12-31 | 0 |
| Total employee contributions | 2019-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2019-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2019-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2019-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2019-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2019-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2019-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2019-12-31 | 22,715,859 |
| Net shortfall amortization installment of oustanding balance | 2019-12-31 | 0 |
| Waiver amortization installment | 2019-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2019-12-31 | 0 |
| Additional cash requirement | 2019-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2019-12-31 | 0 |
| Unpaid minimum required contributions for current year | 2019-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2019-12-31 | 0 |
| Total participants, beginning-of-year | 2019-01-01 | 9,378 |
| Total number of active participants reported on line 7a of the Form 5500 | 2019-01-01 | 4,943 |
| Number of retired or separated participants receiving benefits | 2019-01-01 | 2,067 |
| Number of other retired or separated participants entitled to future benefits | 2019-01-01 | 1,989 |
| Total of all active and inactive participants | 2019-01-01 | 8,999 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2019-01-01 | 648 |
| Total participants | 2019-01-01 | 9,647 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2019-01-01 | 107 |
| 2018: VOLVO GROUP NORTH AMERICA RETIREMENT PLAN 2018 401k membership |
|---|
| Market value of plan assets | 2018-12-31 | 580,896,912 |
| Acturial value of plan assets | 2018-12-31 | 550,869,073 |
| Funding target for retired participants and beneficiaries receiving payment | 2018-12-31 | 131,308,307 |
| Number of terminated vested participants | 2018-12-31 | 2,050 |
| Fundng target for terminated vested participants | 2018-12-31 | 65,039,559 |
| Active participant vested funding target | 2018-12-31 | 250,975,220 |
| Number of active participants | 2018-12-31 | 4,293 |
| Total funding liabilities for active participants | 2018-12-31 | 252,134,269 |
| Total participant count | 2018-12-31 | 8,980 |
| Total funding target for all participants | 2018-12-31 | 448,482,135 |
| Balance at beginning of prior year after applicable adjustments | 2018-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2018-12-31 | 60,770,070 |
| Prefunding balanced used to offset prior years funding requirement | 2018-12-31 | 0 |
| Amount remaining of carryover balance | 2018-12-31 | 0 |
| Amount remaining of prefunding balance | 2018-12-31 | 60,770,070 |
| Present value of excess contributions | 2018-12-31 | 38,050,133 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2018-12-31 | 40,207,576 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2018-12-31 | 40,207,576 |
| Reductions in prefunding balances due to elections or deemed elections | 2018-12-31 | 28,179,268 |
| Balance of carryovers at beginning of current year | 2018-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2018-12-31 | 82,321,048 |
| Total employer contributions | 2018-12-31 | 0 |
| Total employee contributions | 2018-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2018-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2018-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2018-12-31 | 0 |
| Unpaid minimum required contributions for all prior years | 2018-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2018-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2018-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2018-12-31 | 20,065,890 |
| Net shortfall amortization installment of oustanding balance | 2018-12-31 | 0 |
| Waiver amortization installment | 2018-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2018-12-31 | 0 |
| Carryover balance elected to use to offset funding requirement | 2018-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2018-12-31 | 0 |
| Additional cash requirement | 2018-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2018-12-31 | 0 |
| Unpaid minimum required contributions for current year | 2018-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2018-12-31 | 0 |
| Total participants, beginning-of-year | 2018-01-01 | 8,947 |
| Total number of active participants reported on line 7a of the Form 5500 | 2018-01-01 | 4,726 |
| Number of retired or separated participants receiving benefits | 2018-01-01 | 2,075 |
| Number of other retired or separated participants entitled to future benefits | 2018-01-01 | 1,929 |
| Total of all active and inactive participants | 2018-01-01 | 8,730 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2018-01-01 | 648 |
| Total participants | 2018-01-01 | 9,378 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2018-01-01 | 83 |
| 2017: VOLVO GROUP NORTH AMERICA RETIREMENT PLAN 2017 401k membership |
|---|
| Market value of plan assets | 2017-12-31 | 508,472,439 |
| Acturial value of plan assets | 2017-12-31 | 515,845,177 |
| Funding target for retired participants and beneficiaries receiving payment | 2017-12-31 | 122,901,170 |
| Number of terminated vested participants | 2017-12-31 | 2,447 |
| Fundng target for terminated vested participants | 2017-12-31 | 76,225,016 |
| Active participant vested funding target | 2017-12-31 | 235,884,702 |
| Number of active participants | 2017-12-31 | 3,976 |
| Total funding liabilities for active participants | 2017-12-31 | 236,864,485 |
| Total participant count | 2017-12-31 | 9,007 |
| Total funding target for all participants | 2017-12-31 | 435,990,671 |
| Balance at beginning of prior year after applicable adjustments | 2017-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2017-12-31 | 75,933,032 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2017-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2017-12-31 | 0 |
| Amount remaining of carryover balance | 2017-12-31 | 0 |
| Amount remaining of prefunding balance | 2017-12-31 | 75,933,032 |
| Present value of excess contributions | 2017-12-31 | 9,849,084 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2017-12-31 | 10,426,240 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2017-12-31 | 10,426,240 |
| Reductions in prefunding balances due to elections or deemed elections | 2017-12-31 | 30,942,481 |
| Balance of carryovers at beginning of current year | 2017-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2017-12-31 | 60,770,070 |
| Total employer contributions | 2017-12-31 | 41,400,000 |
| Total employee contributions | 2017-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2017-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2017-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2017-12-31 | 38,050,133 |
| Unpaid minimum required contributions for all prior years | 2017-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2017-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2017-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2017-12-31 | 19,084,436 |
| Net shortfall amortization installment of oustanding balance | 2017-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2017-12-31 | 0 |
| Additional cash requirement | 2017-12-31 | 0 |
| Contributions allocatedtoward minimum required contributions for current year | 2017-12-31 | 38,050,133 |
| Unpaid minimum required contributions for current year | 2017-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2017-12-31 | 0 |
| Total participants, beginning-of-year | 2017-01-01 | 8,989 |
| Total number of active participants reported on line 7a of the Form 5500 | 2017-01-01 | 4,293 |
| Number of retired or separated participants receiving benefits | 2017-01-01 | 2,082 |
| Number of other retired or separated participants entitled to future benefits | 2017-01-01 | 1,934 |
| Total of all active and inactive participants | 2017-01-01 | 8,309 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2017-01-01 | 638 |
| Total participants | 2017-01-01 | 8,947 |
| Number of participants with account balances | 2017-01-01 | 0 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2017-01-01 | 82 |
| 2016: VOLVO GROUP NORTH AMERICA RETIREMENT PLAN 2016 401k membership |
|---|
| Market value of plan assets | 2016-12-31 | 492,528,611 |
| Acturial value of plan assets | 2016-12-31 | 512,421,160 |
| Funding target for retired participants and beneficiaries receiving payment | 2016-12-31 | 115,267,491 |
| Number of terminated vested participants | 2016-12-31 | 2,567 |
| Fundng target for terminated vested participants | 2016-12-31 | 79,893,572 |
| Active participant vested funding target | 2016-12-31 | 240,253,379 |
| Number of active participants | 2016-12-31 | 3,998 |
| Total funding liabilities for active participants | 2016-12-31 | 240,987,366 |
| Total participant count | 2016-12-31 | 9,068 |
| Total funding target for all participants | 2016-12-31 | 436,148,429 |
| Balance at beginning of prior year after applicable adjustments | 2016-12-31 | 0 |
| Prefunding balance at beginning of prior year after applicable adjustments | 2016-12-31 | 57,852,901 |
| Carryover balanced portion elected for use to offset prior years funding requirement | 2016-12-31 | 0 |
| Prefunding balanced used to offset prior years funding requirement | 2016-12-31 | 0 |
| Amount remaining of carryover balance | 2016-12-31 | 0 |
| Amount remaining of prefunding balance | 2016-12-31 | 57,852,901 |
| Present value of excess contributions | 2016-12-31 | 16,561,607 |
| Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance | 2016-12-31 | 17,565,240 |
| Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance | 2016-12-31 | 17,565,240 |
| Reductions in prefunding balances due to elections or deemed elections | 2016-12-31 | 0 |
| Balance of carryovers at beginning of current year | 2016-12-31 | 0 |
| Balance of prefunding at beginning of current year | 2016-12-31 | 75,933,032 |
| Total employer contributions | 2016-12-31 | 30,549,999 |
| Total employee contributions | 2016-12-31 | 0 |
| Contributions allocated toward unpaid minimum require contributions from prior years | 2016-12-31 | 0 |
| Contributions made to avoid restrictions adjusted to valuation date | 2016-12-31 | 0 |
| Contributions allocated toward minimum required contributions for current year adjusted to valuation date | 2016-12-31 | 28,309,627 |
| Unpaid minimum required contributions for all prior years | 2016-12-31 | 0 |
| iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years | 2016-12-31 | 0 |
| Remaining amount of unpaid minimum required contributions | 2016-12-31 | 0 |
| Minimum required contributions for current year target normal cost | 2016-12-31 | 18,800,242 |
| Net shortfall amortization installment of oustanding balance | 2016-12-31 | 0 |
| Waiver amortization installment | 2016-12-31 | 0 |
| Total funding amount beforereflecting carryover/prefunding balances | 2016-12-31 | 18,460,543 |
| Carryover balance elected to use to offset funding requirement | 2016-12-31 | 0 |
| Prefunding balance elected to use to offset funding requirement | 2016-12-31 | 0 |
| Additional cash requirement | 2016-12-31 | 18,460,543 |
| Contributions allocatedtoward minimum required contributions for current year | 2016-12-31 | 28,309,627 |
| Unpaid minimum required contributions for current year | 2016-12-31 | 0 |
| Unpaid minimum required contributions for all years | 2016-12-31 | 0 |
| Total participants, beginning-of-year | 2016-01-01 | 9,055 |
| Total number of active participants reported on line 7a of the Form 5500 | 2016-01-01 | 3,976 |
| Number of retired or separated participants receiving benefits | 2016-01-01 | 2,039 |
| Number of other retired or separated participants entitled to future benefits | 2016-01-01 | 2,349 |
| Total of all active and inactive participants | 2016-01-01 | 8,364 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2016-01-01 | 625 |
| Total participants | 2016-01-01 | 8,989 |
| Number of participants with account balances | 2016-01-01 | 0 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2016-01-01 | 80 |
| 2015: VOLVO GROUP NORTH AMERICA RETIREMENT PLAN 2015 401k membership |
|---|
| Total participants, beginning-of-year | 2015-01-01 | 8,741 |
| Total number of active participants reported on line 7a of the Form 5500 | 2015-01-01 | 3,998 |
| Number of retired or separated participants receiving benefits | 2015-01-01 | 1,975 |
| Number of other retired or separated participants entitled to future benefits | 2015-01-01 | 2,539 |
| Total of all active and inactive participants | 2015-01-01 | 8,512 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2015-01-01 | 543 |
| Total participants | 2015-01-01 | 9,055 |
| Number of participants with account balances | 2015-01-01 | 0 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2015-01-01 | 85 |
| 2014: VOLVO GROUP NORTH AMERICA RETIREMENT PLAN 2014 401k membership |
|---|
| Total participants, beginning-of-year | 2014-01-01 | 8,714 |
| Total number of active participants reported on line 7a of the Form 5500 | 2014-01-01 | 3,766 |
| Number of retired or separated participants receiving benefits | 2014-01-01 | 1,932 |
| Number of other retired or separated participants entitled to future benefits | 2014-01-01 | 2,503 |
| Total of all active and inactive participants | 2014-01-01 | 8,201 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2014-01-01 | 540 |
| Total participants | 2014-01-01 | 8,741 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2014-01-01 | 62 |
| 2013: VOLVO GROUP NORTH AMERICA RETIREMENT PLAN 2013 401k membership |
|---|
| Total participants, beginning-of-year | 2013-01-01 | 8,700 |
| Total number of active participants reported on line 7a of the Form 5500 | 2013-01-01 | 3,752 |
| Number of retired or separated participants receiving benefits | 2013-01-01 | 1,894 |
| Number of other retired or separated participants entitled to future benefits | 2013-01-01 | 2,534 |
| Total of all active and inactive participants | 2013-01-01 | 8,180 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2013-01-01 | 534 |
| Total participants | 2013-01-01 | 8,714 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2013-01-01 | 75 |
| 2012: VOLVO GROUP NORTH AMERICA RETIREMENT PLAN 2012 401k membership |
|---|
| Total participants, beginning-of-year | 2012-01-01 | 8,601 |
| Total number of active participants reported on line 7a of the Form 5500 | 2012-01-01 | 3,711 |
| Number of retired or separated participants receiving benefits | 2012-01-01 | 1,853 |
| Number of other retired or separated participants entitled to future benefits | 2012-01-01 | 2,607 |
| Total of all active and inactive participants | 2012-01-01 | 8,171 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2012-01-01 | 529 |
| Total participants | 2012-01-01 | 8,700 |
| Number of participants with account balances | 2012-01-01 | 0 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2012-01-01 | 96 |
| 2011: VOLVO GROUP NORTH AMERICA RETIREMENT PLAN 2011 401k membership |
|---|
| Total participants, beginning-of-year | 2011-01-01 | 8,473 |
| Total number of active participants reported on line 7a of the Form 5500 | 2011-01-01 | 3,815 |
| Number of retired or separated participants receiving benefits | 2011-01-01 | 1,806 |
| Number of other retired or separated participants entitled to future benefits | 2011-01-01 | 2,462 |
| Total of all active and inactive participants | 2011-01-01 | 8,083 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2011-01-01 | 518 |
| Total participants | 2011-01-01 | 8,601 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2011-01-01 | 56 |
| 2009: VOLVO GROUP NORTH AMERICA RETIREMENT PLAN 2009 401k membership |
|---|
| Total participants, beginning-of-year | 2009-01-01 | 8,792 |
| Total number of active participants reported on line 7a of the Form 5500 | 2009-01-01 | 3,691 |
| Number of retired or separated participants receiving benefits | 2009-01-01 | 1,716 |
| Number of other retired or separated participants entitled to future benefits | 2009-01-01 | 2,651 |
| Total of all active and inactive participants | 2009-01-01 | 8,058 |
| Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2009-01-01 | 517 |
| Total participants | 2009-01-01 | 8,575 |
| Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2009-01-01 | 99 |
| Measure | Date | Value |
|---|
| 2023 : VOLVO GROUP NORTH AMERICA RETIREMENT PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $188,823 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $119,504 |
| Total income from all sources (including contributions) | 2023-12-31 | $22,263,777 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $20,709,321 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $19,166,624 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $0 |
| Value of total assets at end of year | 2023-12-31 | $339,633,735 |
| Value of total assets at beginning of year | 2023-12-31 | $338,009,960 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $1,542,697 |
| Total interest from all sources | 2023-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $500,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Administrative expenses (other) incurred | 2023-12-31 | $816,304 |
| Liabilities. Value of operating payables at end of year | 2023-12-31 | $188,823 |
| Liabilities. Value of operating payables at beginning of year | 2023-12-31 | $119,504 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $1,554,456 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $339,444,912 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $337,890,456 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Value of interest in master investment trust accounts at end of year | 2023-12-31 | $339,633,735 |
| Value of interest in master investment trust accounts at beginning of year | 2023-12-31 | $338,009,960 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $19,166,624 |
| Contract administrator fees | 2023-12-31 | $390,703 |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2023-12-31 | 410746749 |
| 2022 : VOLVO GROUP NORTH AMERICA RETIREMENT PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $119,504 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $118,380 |
| Total income from all sources (including contributions) | 2022-12-31 | $-108,486,014 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $75,179,486 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $73,855,630 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $0 |
| Value of total assets at end of year | 2022-12-31 | $338,009,960 |
| Value of total assets at beginning of year | 2022-12-31 | $521,674,336 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $1,323,856 |
| Total interest from all sources | 2022-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Administrative expenses professional fees incurred | 2022-12-31 | $717,360 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $500,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Administrative expenses (other) incurred | 2022-12-31 | $606,496 |
| Liabilities. Value of operating payables at end of year | 2022-12-31 | $119,504 |
| Liabilities. Value of operating payables at beginning of year | 2022-12-31 | $118,380 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-183,665,500 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $337,890,456 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $521,555,956 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in master investment trust accounts at end of year | 2022-12-31 | $338,009,960 |
| Value of interest in master investment trust accounts at beginning of year | 2022-12-31 | $521,674,336 |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2022-12-31 | $43,440,352 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $30,415,278 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2022-12-31 | 410746749 |
| 2021 : VOLVO GROUP NORTH AMERICA RETIREMENT PLAN 2021 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2021-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $118,380 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $95,337 |
| Total income from all sources (including contributions) | 2021-12-31 | $7,925,693 |
| Total loss/gain on sale of assets | 2021-12-31 | $0 |
| Total of all expenses incurred | 2021-12-31 | $130,909,316 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $129,187,405 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $0 |
| Value of total assets at end of year | 2021-12-31 | $521,674,336 |
| Value of total assets at beginning of year | 2021-12-31 | $644,634,916 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $1,721,911 |
| Total interest from all sources | 2021-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Administrative expenses professional fees incurred | 2021-12-31 | $905,771 |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $500,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Expenses. Other payments made (not to insurance carriers or or participants/beneficiaries) | 2021-12-31 | $80,127,909 |
| Administrative expenses (other) incurred | 2021-12-31 | $816,140 |
| Liabilities. Value of operating payables at end of year | 2021-12-31 | $118,380 |
| Liabilities. Value of operating payables at beginning of year | 2021-12-31 | $95,337 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $-122,983,623 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $521,555,956 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $644,539,579 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in master investment trust accounts at end of year | 2021-12-31 | $521,674,336 |
| Value of interest in master investment trust accounts at beginning of year | 2021-12-31 | $644,634,916 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Employer contributions (assets) at end of year | 2021-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $49,059,496 |
| Did the plan have assets held for investment | 2021-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Disclaimer |
| Accountancy firm name | 2021-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2021-12-31 | 410746749 |
| 2020 : VOLVO GROUP NORTH AMERICA RETIREMENT PLAN 2020 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2020-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $95,337 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2020-12-31 | $117,048 |
| Total income from all sources (including contributions) | 2020-12-31 | $84,184,063 |
| Total loss/gain on sale of assets | 2020-12-31 | $0 |
| Total of all expenses incurred | 2020-12-31 | $59,049,571 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $57,317,087 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $0 |
| Value of total assets at end of year | 2020-12-31 | $644,634,916 |
| Value of total assets at beginning of year | 2020-12-31 | $619,522,135 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $1,732,484 |
| Total interest from all sources | 2020-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
| Administrative expenses professional fees incurred | 2020-12-31 | $931,783 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $500,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Administrative expenses (other) incurred | 2020-12-31 | $800,701 |
| Liabilities. Value of operating payables at end of year | 2020-12-31 | $95,337 |
| Liabilities. Value of operating payables at beginning of year | 2020-12-31 | $117,048 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $25,134,492 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $644,539,579 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $619,405,087 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in master investment trust accounts at end of year | 2020-12-31 | $644,634,916 |
| Value of interest in master investment trust accounts at beginning of year | 2020-12-31 | $619,522,135 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Employer contributions (assets) at end of year | 2020-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $57,317,087 |
| Did the plan have assets held for investment | 2020-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2020-12-31 | 410746749 |
| 2019 : VOLVO GROUP NORTH AMERICA RETIREMENT PLAN 2019 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2019-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $117,048 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2019-12-31 | $37,930 |
| Total income from all sources (including contributions) | 2019-12-31 | $92,615,431 |
| Total loss/gain on sale of assets | 2019-12-31 | $0 |
| Total of all expenses incurred | 2019-12-31 | $35,320,897 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2019-12-31 | $33,874,527 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2019-12-31 | $0 |
| Value of total assets at end of year | 2019-12-31 | $619,522,135 |
| Value of total assets at beginning of year | 2019-12-31 | $562,148,483 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2019-12-31 | $1,446,370 |
| Total interest from all sources | 2019-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2019-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2019-12-31 | No |
| Administrative expenses professional fees incurred | 2019-12-31 | $696,130 |
| Was this plan covered by a fidelity bond | 2019-12-31 | Yes |
| Value of fidelity bond cover | 2019-12-31 | $500,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2019-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2019-12-31 | No |
| Other income not declared elsewhere | 2019-12-31 | $5,064 |
| Administrative expenses (other) incurred | 2019-12-31 | $750,240 |
| Liabilities. Value of operating payables at end of year | 2019-12-31 | $117,048 |
| Liabilities. Value of operating payables at beginning of year | 2019-12-31 | $37,930 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Value of net income/loss | 2019-12-31 | $57,294,534 |
| Value of net assets at end of year (total assets less liabilities) | 2019-12-31 | $619,405,087 |
| Value of net assets at beginning of year (total assets less liabilities) | 2019-12-31 | $562,110,553 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2019-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2019-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2019-12-31 | No |
| Value of interest in master investment trust accounts at end of year | 2019-12-31 | $619,522,135 |
| Value of interest in master investment trust accounts at beginning of year | 2019-12-31 | $562,148,483 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2019-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2019-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2019-12-31 | No |
| Employer contributions (assets) at end of year | 2019-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2019-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2019-12-31 | $33,874,527 |
| Did the plan have assets held for investment | 2019-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2019-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2019-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2019-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2019-12-31 | Disclaimer |
| Accountancy firm name | 2019-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2019-12-31 | 410746749 |
| 2018 : VOLVO GROUP NORTH AMERICA RETIREMENT PLAN 2018 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2018-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $37,930 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2018-12-31 | $259,081 |
| Total income from all sources (including contributions) | 2018-12-31 | $16,377,608 |
| Total loss/gain on sale of assets | 2018-12-31 | $0 |
| Total of all expenses incurred | 2018-12-31 | $36,056,501 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2018-12-31 | $34,731,693 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2018-12-31 | $0 |
| Value of total assets at end of year | 2018-12-31 | $562,148,483 |
| Value of total assets at beginning of year | 2018-12-31 | $582,048,527 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2018-12-31 | $1,324,808 |
| Total interest from all sources | 2018-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2018-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2018-12-31 | No |
| Administrative expenses professional fees incurred | 2018-12-31 | $662,730 |
| Was this plan covered by a fidelity bond | 2018-12-31 | Yes |
| Value of fidelity bond cover | 2018-12-31 | $500,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2018-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2018-12-31 | No |
| Administrative expenses (other) incurred | 2018-12-31 | $662,078 |
| Liabilities. Value of operating payables at end of year | 2018-12-31 | $37,930 |
| Liabilities. Value of operating payables at beginning of year | 2018-12-31 | $259,081 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Value of net income/loss | 2018-12-31 | $-19,678,893 |
| Value of net assets at end of year (total assets less liabilities) | 2018-12-31 | $562,110,553 |
| Value of net assets at beginning of year (total assets less liabilities) | 2018-12-31 | $581,789,446 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2018-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2018-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2018-12-31 | No |
| Value of interest in master investment trust accounts at end of year | 2018-12-31 | $562,148,483 |
| Value of interest in master investment trust accounts at beginning of year | 2018-12-31 | $540,648,527 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2018-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2018-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2018-12-31 | No |
| Employer contributions (assets) at end of year | 2018-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2018-12-31 | $41,400,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2018-12-31 | $34,731,693 |
| Did the plan have assets held for investment | 2018-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2018-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2018-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2018-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2018-12-31 | Disclaimer |
| Accountancy firm name | 2018-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2018-12-31 | 410746749 |
| 2017 : VOLVO GROUP NORTH AMERICA RETIREMENT PLAN 2017 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2017-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $259,081 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2017-12-31 | $76,106 |
| Total income from all sources (including contributions) | 2017-12-31 | $115,966,823 |
| Total loss/gain on sale of assets | 2017-12-31 | $0 |
| Total of all expenses incurred | 2017-12-31 | $43,150,747 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2017-12-31 | $42,138,760 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2017-12-31 | $41,400,000 |
| Value of total assets at end of year | 2017-12-31 | $582,048,527 |
| Value of total assets at beginning of year | 2017-12-31 | $509,049,476 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2017-12-31 | $1,011,987 |
| Total interest from all sources | 2017-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2017-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2017-12-31 | No |
| Administrative expenses professional fees incurred | 2017-12-31 | $391,746 |
| Was this plan covered by a fidelity bond | 2017-12-31 | Yes |
| Value of fidelity bond cover | 2017-12-31 | $500,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2017-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2017-12-31 | No |
| Administrative expenses (other) incurred | 2017-12-31 | $620,241 |
| Liabilities. Value of operating payables at end of year | 2017-12-31 | $259,081 |
| Liabilities. Value of operating payables at beginning of year | 2017-12-31 | $76,106 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Value of net income/loss | 2017-12-31 | $72,816,076 |
| Value of net assets at end of year (total assets less liabilities) | 2017-12-31 | $581,789,446 |
| Value of net assets at beginning of year (total assets less liabilities) | 2017-12-31 | $508,973,370 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2017-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2017-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2017-12-31 | No |
| Value of interest in master investment trust accounts at end of year | 2017-12-31 | $540,648,527 |
| Value of interest in master investment trust accounts at beginning of year | 2017-12-31 | $483,949,476 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2017-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2017-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2017-12-31 | No |
| Contributions received in cash from employer | 2017-12-31 | $41,400,000 |
| Employer contributions (assets) at end of year | 2017-12-31 | $41,400,000 |
| Employer contributions (assets) at beginning of year | 2017-12-31 | $25,100,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2017-12-31 | $42,138,760 |
| Did the plan have assets held for investment | 2017-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2017-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2017-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2017-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2017-12-31 | Disclaimer |
| Accountancy firm name | 2017-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2017-12-31 | 410746749 |
| 2016 : VOLVO GROUP NORTH AMERICA RETIREMENT PLAN 2016 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2016-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $76,106 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2016-12-31 | $44,996 |
| Total income from all sources (including contributions) | 2016-12-31 | $63,307,510 |
| Total loss/gain on sale of assets | 2016-12-31 | $0 |
| Total of all expenses incurred | 2016-12-31 | $47,054,704 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2016-12-31 | $45,760,621 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2016-12-31 | $30,549,999 |
| Value of total assets at end of year | 2016-12-31 | $509,049,476 |
| Value of total assets at beginning of year | 2016-12-31 | $492,765,560 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2016-12-31 | $1,294,083 |
| Total interest from all sources | 2016-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2016-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2016-12-31 | No |
| Administrative expenses professional fees incurred | 2016-12-31 | $703,103 |
| Was this plan covered by a fidelity bond | 2016-12-31 | Yes |
| Value of fidelity bond cover | 2016-12-31 | $500,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2016-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2016-12-31 | No |
| Administrative expenses (other) incurred | 2016-12-31 | $590,980 |
| Liabilities. Value of operating payables at end of year | 2016-12-31 | $76,106 |
| Liabilities. Value of operating payables at beginning of year | 2016-12-31 | $44,996 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Value of net income/loss | 2016-12-31 | $16,252,806 |
| Value of net assets at end of year (total assets less liabilities) | 2016-12-31 | $508,973,370 |
| Value of net assets at beginning of year (total assets less liabilities) | 2016-12-31 | $492,720,564 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2016-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2016-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2016-12-31 | No |
| Value of interest in master investment trust accounts at end of year | 2016-12-31 | $483,949,476 |
| Value of interest in master investment trust accounts at beginning of year | 2016-12-31 | $478,715,559 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2016-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2016-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2016-12-31 | No |
| Contributions received in cash from employer | 2016-12-31 | $30,549,999 |
| Employer contributions (assets) at end of year | 2016-12-31 | $25,100,000 |
| Employer contributions (assets) at beginning of year | 2016-12-31 | $14,050,001 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2016-12-31 | $45,760,621 |
| Did the plan have assets held for investment | 2016-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2016-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2016-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2016-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2016-12-31 | Disclaimer |
| Accountancy firm name | 2016-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2016-12-31 | 410746749 |
| 2015 : VOLVO GROUP NORTH AMERICA RETIREMENT PLAN 2015 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2015-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $44,996 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2015-12-31 | $44,125 |
| Total income from all sources (including contributions) | 2015-12-31 | $23,934,745 |
| Total loss/gain on sale of assets | 2015-12-31 | $0 |
| Total of all expenses incurred | 2015-12-31 | $35,966,410 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2015-12-31 | $34,782,622 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2015-12-31 | $19,679,001 |
| Value of total assets at end of year | 2015-12-31 | $492,765,560 |
| Value of total assets at beginning of year | 2015-12-31 | $504,796,354 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2015-12-31 | $1,183,788 |
| Total interest from all sources | 2015-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2015-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2015-12-31 | No |
| Administrative expenses professional fees incurred | 2015-12-31 | $685,551 |
| Was this plan covered by a fidelity bond | 2015-12-31 | Yes |
| Value of fidelity bond cover | 2015-12-31 | $500,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2015-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2015-12-31 | No |
| Administrative expenses (other) incurred | 2015-12-31 | $498,237 |
| Liabilities. Value of operating payables at end of year | 2015-12-31 | $44,996 |
| Liabilities. Value of operating payables at beginning of year | 2015-12-31 | $44,125 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Value of net income/loss | 2015-12-31 | $-12,031,665 |
| Value of net assets at end of year (total assets less liabilities) | 2015-12-31 | $492,720,564 |
| Value of net assets at beginning of year (total assets less liabilities) | 2015-12-31 | $504,752,229 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2015-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2015-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2015-12-31 | No |
| Value of interest in master investment trust accounts at end of year | 2015-12-31 | $478,715,559 |
| Value of interest in master investment trust accounts at beginning of year | 2015-12-31 | $487,925,354 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2015-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2015-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2015-12-31 | No |
| Contributions received in cash from employer | 2015-12-31 | $19,679,001 |
| Employer contributions (assets) at end of year | 2015-12-31 | $14,050,001 |
| Employer contributions (assets) at beginning of year | 2015-12-31 | $16,871,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2015-12-31 | $34,782,622 |
| Did the plan have assets held for investment | 2015-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2015-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2015-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2015-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2015-12-31 | Disclaimer |
| Accountancy firm name | 2015-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2015-12-31 | 410746749 |
| 2014 : VOLVO GROUP NORTH AMERICA RETIREMENT PLAN 2014 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2014-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $44,125 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2014-12-31 | $54,375 |
| Total income from all sources (including contributions) | 2014-12-31 | $51,345,257 |
| Total loss/gain on sale of assets | 2014-12-31 | $0 |
| Total of all expenses incurred | 2014-12-31 | $36,382,954 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2014-12-31 | $35,235,688 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2014-12-31 | $23,499,000 |
| Value of total assets at end of year | 2014-12-31 | $504,796,354 |
| Value of total assets at beginning of year | 2014-12-31 | $489,844,301 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2014-12-31 | $1,147,266 |
| Total interest from all sources | 2014-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2014-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2014-12-31 | No |
| Administrative expenses professional fees incurred | 2014-12-31 | $720,280 |
| Was this plan covered by a fidelity bond | 2014-12-31 | Yes |
| Value of fidelity bond cover | 2014-12-31 | $500,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2014-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2014-12-31 | No |
| Administrative expenses (other) incurred | 2014-12-31 | $426,986 |
| Liabilities. Value of operating payables at end of year | 2014-12-31 | $44,125 |
| Liabilities. Value of operating payables at beginning of year | 2014-12-31 | $54,375 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Value of net income/loss | 2014-12-31 | $14,962,303 |
| Value of net assets at end of year (total assets less liabilities) | 2014-12-31 | $504,752,229 |
| Value of net assets at beginning of year (total assets less liabilities) | 2014-12-31 | $489,789,926 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2014-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2014-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2014-12-31 | No |
| Value of interest in master investment trust accounts at end of year | 2014-12-31 | $487,925,354 |
| Value of interest in master investment trust accounts at beginning of year | 2014-12-31 | $469,972,301 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2014-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2014-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2014-12-31 | No |
| Contributions received in cash from employer | 2014-12-31 | $23,499,000 |
| Employer contributions (assets) at end of year | 2014-12-31 | $16,871,000 |
| Employer contributions (assets) at beginning of year | 2014-12-31 | $19,872,000 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2014-12-31 | $35,235,688 |
| Did the plan have assets held for investment | 2014-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2014-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2014-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2014-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2014-12-31 | Disclaimer |
| Accountancy firm name | 2014-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2014-12-31 | 410746749 |
| 2013 : VOLVO GROUP NORTH AMERICA RETIREMENT PLAN 2013 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2013-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $54,375 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2013-12-31 | $41,898 |
| Total income from all sources (including contributions) | 2013-12-31 | $77,280,078 |
| Total loss/gain on sale of assets | 2013-12-31 | $0 |
| Total of all expenses incurred | 2013-12-31 | $33,678,177 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2013-12-31 | $32,571,417 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2013-12-31 | $19,872,000 |
| Value of total assets at end of year | 2013-12-31 | $489,844,301 |
| Value of total assets at beginning of year | 2013-12-31 | $446,229,923 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2013-12-31 | $1,106,760 |
| Total interest from all sources | 2013-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2013-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2013-12-31 | No |
| Administrative expenses professional fees incurred | 2013-12-31 | $741,286 |
| Was this plan covered by a fidelity bond | 2013-12-31 | Yes |
| Value of fidelity bond cover | 2013-12-31 | $500,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2013-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2013-12-31 | No |
| Administrative expenses (other) incurred | 2013-12-31 | $365,474 |
| Liabilities. Value of operating payables at end of year | 2013-12-31 | $54,375 |
| Liabilities. Value of operating payables at beginning of year | 2013-12-31 | $41,898 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Value of net income/loss | 2013-12-31 | $43,601,901 |
| Value of net assets at end of year (total assets less liabilities) | 2013-12-31 | $489,789,926 |
| Value of net assets at beginning of year (total assets less liabilities) | 2013-12-31 | $446,188,025 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2013-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2013-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2013-12-31 | No |
| Value of interest in master investment trust accounts at end of year | 2013-12-31 | $469,972,301 |
| Value of interest in master investment trust accounts at beginning of year | 2013-12-31 | $413,221,141 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2013-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2013-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2013-12-31 | No |
| Contributions received in cash from employer | 2013-12-31 | $19,872,000 |
| Employer contributions (assets) at end of year | 2013-12-31 | $19,872,000 |
| Employer contributions (assets) at beginning of year | 2013-12-31 | $33,008,782 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2013-12-31 | $32,571,417 |
| Did the plan have assets held for investment | 2013-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2013-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2013-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2013-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2013-12-31 | Disclaimer |
| Accountancy firm name | 2013-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2013-12-31 | 410746749 |
| 2012 : VOLVO GROUP NORTH AMERICA RETIREMENT PLAN 2012 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2012-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $41,898 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2012-12-31 | $27,765 |
| Total income from all sources (including contributions) | 2012-12-31 | $92,984,542 |
| Total loss/gain on sale of assets | 2012-12-31 | $0 |
| Total of all expenses incurred | 2012-12-31 | $27,647,939 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2012-12-31 | $26,466,943 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2012-12-31 | $49,535,128 |
| Value of total assets at end of year | 2012-12-31 | $446,229,923 |
| Value of total assets at beginning of year | 2012-12-31 | $380,879,187 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2012-12-31 | $1,180,996 |
| Total interest from all sources | 2012-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2012-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2012-12-31 | No |
| Administrative expenses professional fees incurred | 2012-12-31 | $635,706 |
| Was this plan covered by a fidelity bond | 2012-12-31 | Yes |
| Value of fidelity bond cover | 2012-12-31 | $500,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2012-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2012-12-31 | No |
| Administrative expenses (other) incurred | 2012-12-31 | $545,290 |
| Liabilities. Value of operating payables at end of year | 2012-12-31 | $41,898 |
| Liabilities. Value of operating payables at beginning of year | 2012-12-31 | $27,765 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Value of net income/loss | 2012-12-31 | $65,336,603 |
| Value of net assets at end of year (total assets less liabilities) | 2012-12-31 | $446,188,025 |
| Value of net assets at beginning of year (total assets less liabilities) | 2012-12-31 | $380,851,422 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2012-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2012-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2012-12-31 | No |
| Value of interest in master investment trust accounts at end of year | 2012-12-31 | $413,221,141 |
| Value of interest in master investment trust accounts at beginning of year | 2012-12-31 | $352,869,713 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2012-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2012-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2012-12-31 | No |
| Contributions received in cash from employer | 2012-12-31 | $49,535,128 |
| Employer contributions (assets) at end of year | 2012-12-31 | $33,008,782 |
| Employer contributions (assets) at beginning of year | 2012-12-31 | $28,009,474 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2012-12-31 | $26,466,943 |
| Did the plan have assets held for investment | 2012-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2012-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2012-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2012-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2012-12-31 | Disclaimer |
| Accountancy firm name | 2012-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2012-12-31 | 410746749 |
| 2011 : VOLVO GROUP NORTH AMERICA RETIREMENT PLAN 2011 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2011-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $27,765 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2011-12-31 | $45,572 |
| Total income from all sources (including contributions) | 2011-12-31 | $44,993,527 |
| Total loss/gain on sale of assets | 2011-12-31 | $0 |
| Total of all expenses incurred | 2011-12-31 | $32,283,702 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2011-12-31 | $31,233,730 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2011-12-31 | $42,137,896 |
| Value of total assets at end of year | 2011-12-31 | $380,879,187 |
| Value of total assets at beginning of year | 2011-12-31 | $368,187,169 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2011-12-31 | $1,049,972 |
| Total interest from all sources | 2011-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2011-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2011-12-31 | No |
| Administrative expenses professional fees incurred | 2011-12-31 | $572,868 |
| Was this plan covered by a fidelity bond | 2011-12-31 | Yes |
| Value of fidelity bond cover | 2011-12-31 | $500,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2011-12-31 | No |
| Administrative expenses (other) incurred | 2011-12-31 | $477,104 |
| Liabilities. Value of operating payables at end of year | 2011-12-31 | $27,765 |
| Liabilities. Value of operating payables at beginning of year | 2011-12-31 | $45,572 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Value of net income/loss | 2011-12-31 | $12,709,825 |
| Value of net assets at end of year (total assets less liabilities) | 2011-12-31 | $380,851,422 |
| Value of net assets at beginning of year (total assets less liabilities) | 2011-12-31 | $368,141,597 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2011-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2011-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2011-12-31 | No |
| Value of interest in master investment trust accounts at end of year | 2011-12-31 | $352,869,713 |
| Value of interest in master investment trust accounts at beginning of year | 2011-12-31 | $308,923,790 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2011-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2011-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2011-12-31 | No |
| Contributions received in cash from employer | 2011-12-31 | $42,137,896 |
| Employer contributions (assets) at end of year | 2011-12-31 | $28,009,474 |
| Employer contributions (assets) at beginning of year | 2011-12-31 | $59,263,379 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2011-12-31 | $31,233,730 |
| Did the plan have assets held for investment | 2011-12-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2011-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2011-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2011-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2011-12-31 | Disclaimer |
| Accountancy firm name | 2011-12-31 | CLIFTONLARSONALLEN LLP |
| Accountancy firm EIN | 2011-12-31 | 410746749 |
| 2010 : VOLVO GROUP NORTH AMERICA RETIREMENT PLAN 2010 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2010-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $45,572 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2010-12-31 | $50,502 |
| Total income from all sources (including contributions) | 2010-12-31 | $97,055,149 |
| Total loss/gain on sale of assets | 2010-12-31 | $0 |
| Total of all expenses incurred | 2010-12-31 | $55,588,213 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2010-12-31 | $54,191,512 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2010-12-31 | $62,626,758 |
| Value of total assets at end of year | 2010-12-31 | $368,187,169 |
| Value of total assets at beginning of year | 2010-12-31 | $326,725,163 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2010-12-31 | $1,396,701 |
| Total interest from all sources | 2010-12-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2010-12-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2010-12-31 | No |
| Administrative expenses professional fees incurred | 2010-12-31 | $598,543 |
| Was this plan covered by a fidelity bond | 2010-12-31 | Yes |
| Value of fidelity bond cover | 2010-12-31 | $500,000 |
| Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2010-12-31 | $0 |
| Were there any nonexempt tranactions with any party-in-interest | 2010-12-31 | No |
| Administrative expenses (other) incurred | 2010-12-31 | $798,158 |
| Liabilities. Value of operating payables at end of year | 2010-12-31 | $45,572 |
| Liabilities. Value of operating payables at beginning of year | 2010-12-31 | $50,502 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Value of net income/loss | 2010-12-31 | $41,466,936 |
| Value of net assets at end of year (total assets less liabilities) | 2010-12-31 | $368,141,597 |
| Value of net assets at beginning of year (total assets less liabilities) | 2010-12-31 | $326,674,661 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2010-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2010-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2010-12-31 | No |
| Value of interest in master investment trust accounts at end of year | 2010-12-31 | $308,923,790 |
| Value of interest in master investment trust accounts at beginning of year | 2010-12-31 | $308,768,770 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2010-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2010-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2010-12-31 | No |
| Contributions received in cash from employer | 2010-12-31 | $62,626,758 |
| Employer contributions (assets) at end of year | 2010-12-31 | $59,263,379 |
| Employer contributions (assets) at beginning of year | 2010-12-31 | $17,956,393 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2010-12-31 | $54,191,512 |
| Did the plan have assets held for investment | 2010-12-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2010-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2010-12-31 | No |
| Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d) | 2010-12-31 | Yes |
| Opinion of an independent qualified public accountant for this plan | 2010-12-31 | Disclaimer |
| Accountancy firm name | 2010-12-31 | LARSONALLEN LLP |
| Accountancy firm EIN | 2010-12-31 | 410746749 |
