401(k) · DOL Form 5500 · 2022

Skf USA Inc. 401(k) Plan

Data updated 2026-08-25

$64M
Total assets Below avg plan size
841
Participants Near avg headcount
90th
Percentile by assets National rank
$76,465
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees · Sponsored by Skf USA Inc. · Pennsylvania · Manufacturing

$64M in assets, 841 participants

Skf USA Inc.'s Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees reported $64M in total assets and 841 participants in its 2022 DOL Form 5500 filing, ranking in the 90th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #17,529 in Manufacturing (20,602 peers)

Where Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees sits by assets

Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees sits in the top 10% of all filed plans by assets, $64M for 841 participants (~$76,465/participant), down 16.2% in 2022.

#17,529
in Manufacturing (20,602 peers)
-16.2%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees's outsized position by total assets

Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$64,306,765 Top 10% higher than 90% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees sits mid-pack in the medium band (841 participants).

DOL schedule card

Filing strip 231043740 · Skf USA Inc. PY 2022 · 401(k)

Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees · $64M · 841 · 90th

  • RANK $64M
  • PHOTO 841
  • IND 90th
  • EOY 401(k)
  • 5500 near Lou Fusz Automotive Network Retirement Savings Plan
  • ASSETS ind #17529

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Pennsylvania →

Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees in the asset neighbourhood

Skf USA Inc. 401(k) Retirement and Savings Plan for Union EmployeesSkf USA Inc. 401(k) Retireme…$64MLou Fusz Automotive Network Retirement Savings PlanLou Fusz Automotive Network …$64MAlaska Power & Telephone Company Employee Stock Ownership & Savings PlanAlaska Power & Telephone Com…$64MSk Hynix Memory Solutions America Inc. 401(k) PlanSk Hynix Memory Solutions Am…$64MAlaka'ina Foundation 401(k) Savings PlanAlaka'ina Foundation 401(k) …$64M
End-of-year total assets ($M) among Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$77M
Net Assets (End of Year)$64M
Net Income-$12M
Employer EIN231043740
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Skf USA Inc.)

Sponsor-wide plan assets over time

All Skf USA Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.5B 5.7424656497313835% vs 2022
2024 filing year
$1.4B$1.45B$1.5B$1.55B 202220232024 $1.43B $1.51B ▲ +5.6%
Year Plans Participants Total Assets
2022 3 4,854 $1.4B
2023 3 4,701 $1.5B
2024 3 4,429 $1.5B

Nearby 401(k) Plans in Pennsylvania

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees, Total assets ($B): 0.064306765 · Participants: 841Skf USA Inc. 401(k) Retirement and Savings Plan for Union EmployeesComcast Corporation Retirement - Investment Plan, Total assets ($B): 14.751564896 · Participants: 97769Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 11.46087279 · Participants: 66147Cigna 401(k) PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 8.11713 · Participants: 59451The PNC Financial Services Group, Inc. Incentive Savings PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 8.097254785 · Participants: 17073The Vanguard Retirement and Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 7.823164827 · Participants: 25071The Bank of New York Mellon Corporation 401(k) Savings Plan
Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees side-by-side with 3 peers →

Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Lou Fusz Automotive Network Retirement Savings Plan in MO ($64M); by covered participants it is Quality Bicycle Products, Inc. 401(k) Plan in MN (841 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (841 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees assets move in 2022? ▼
Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees declined sharply - down 16.2% during 2022, from $77M to $64M. Reported net income was -$12M.
How have Skf USA Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Skf USA Inc.'s sponsor-wide assets grew 5.7%, from $1.4B to $1.5B.
Where does Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees rank by assets among Form 5500 filers? ▼
Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees? ▼
Among 401(k) plans in other states, the closest by assets is Lou Fusz Automotive Network Retirement Savings Plan in MO ($64M, 771 participants).
Which 401(k) plans cover a similar participant headcount to Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees? ▼
Among 401(k) plans in other states, the closest by covered participants is Quality Bicycle Products, Inc. 401(k) Plan in MN (841 participants, $65M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 231043740.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.