401(k) · DOL Form 5500 · 2022

Skf USA Inc. 401(k) Plan

Data updated 2026-08-11

$683M
Total assets
2,762
Participants
98th
Percentile by assets
$247,404
Avg per participant
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Official DOL plan name: Skf USA Inc. 401(k) Retirement and Savings Plan · Sponsored by Skf USA Inc. · Pennsylvania · Manufacturing

$683M in assets, 2,762 participants

Skf USA Inc.'s Skf USA Inc. 401(k) Retirement and Savings Plan reported $683M in total assets and 2,762 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #20,033 in Manufacturing (20,602 peers)

Coverage in Pennsylvania

Skf USA Inc. 401(k) Retirement and Savings Plan covers 2,762 participants in Pennsylvania, 3.4x the typical Pennsylvania plan (state average ~822 per filing). Assets: $683M.

$683M
total plan assets (2022 EOY)
2,762
covered participants
98th
percentile by assets (of 139,126 plans)
$247,404
avg assets per participant

The plan reported a net loss of $157M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Skf USA Inc. 401(k) Retirement and Savings Plan reports 2,762 participants - 3.4x that state average ($683M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$840M
Net Assets (End of Year)$683M
Net Income-$157M
Employer EIN231043740
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Skf USA Inc.)

$1.4B$1.45B$1.5B$1.55B 202220232024 $1.43B $1.51B ▲ +5.6%
Total plan assets by year, all Skf USA Inc. plans on file
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 vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Skf USA Inc. 401(k) Retirement and Savings Plan 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) …Comcast Corporation …Cigna 401(k) PlanThe PNC Financial Se…The Vanguard Retirem…The Bank of New York…
Skf USA Inc. 401(k) Retirement and Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Skf USA Inc. 401(k) Retirement and Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Skf USA Inc. 401(k) Retirement and Savings Plan assets move in 2022?
Skf USA Inc. 401(k) Retirement and Savings Plan declined sharply - down 18.7% during 2022, from $840M to $683M. Reported net income was -$157M.
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 rank by assets among Form 5500 filers?
Skf USA Inc. 401(k) Retirement and Savings Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Skf USA Inc. 401(k) Retirement and Savings Plan?
Among 401(k) plans in other states, the closest by assets is Amdocs, Inc. 401(k) Plan in MO ($684M, 3,257 participants).

Next read for Skf USA Inc. 401(k) Retirement and Savin…

Filing takeaways

Ways to act on Skf USA Inc. 401(k) Retirement and Savings Plan's numbers.

  • By total assets, Skf USA Inc. 401(k) Retirement and Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
  • Skf USA Inc.'s sponsor-wide assets have grown 5.7% since 2022 across 3 plan years on file. More Manufacturing plans