Volvo Group North America LLC
Overview
Volvo Group North America LLC sponsors a self-funded health plan that covered 12,900 participants in plan year 2025, about the same as the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, short-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 12,900 · prior year 12,900
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Volvo Welfare Benefit Plan, plan 506 (12,900 participants); Volvo Non-Union Retiree Medical Plan, plan 508 (1,938 participants)
- Broker compensation
- $412K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Delta Dental of North Carolina | Dental | 30,917 | $13.1M | — |
| Prudential Insurance Company of America | Life | 12,548 | $8.9M | — |
| Hartford Life and Accident | Short-term disability, Long-term disability | 13,039 | $6.5M | $412K |
| Anthem Blue Cross Blue Shield | Medical | 1,475 | $6.1M | — |
| Vision Service Plan | Vision | 6,267 | $1.7M | — |
| Ace American Insurance Company | AD&D | 12,771 | $30K | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 12,900 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- Volvo Group North America LLC
- Sponsor EIN
- 58-2431188
- Plan numbers
- 506, 508
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 58-2431188 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Volvo Group North America Voluntary Investment Pretax Plan
- Type
- 401(k) plan
- Participants
- 7,670
About this data
Source: Volvo Group North America LLC's Form 5500 filing for plan year 2025 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with Volvo Group North America LLC.