401(k) · DOL Form 5500 · 2023

Skanska USA Building Inc. 401(k) Plan

Data updated 2026-08-11

$666M
Total assets: 2,296
Participants: 98th
Percentile by assets: $289,906
Avg per participant

Official DOL plan name: Skanska USA Building Inc. Pension Benefit Plan and Trust · Sponsored by Skanska USA Building Inc. · New Jersey · Construction

$666M in assets, 2,296 participants

Skanska USA Building Inc.'s Skanska USA Building Inc. Pension Benefit Plan and Trust reported $666M in total assets and 2,296 participants in its 2023 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 127,072 plans)
#8,845 in Construction (9,030 peers)

Coverage in New Jersey

Skanska USA Building Inc. Pension Benefit Plan and Trust covers 2,296 participants in New Jersey, 2.7x the typical New Jersey plan (state average ~844 per filing). Assets: $666M.

$666M
total plan assets (2023 EOY): 2,296
covered participants: 98th
percentile by assets (of 127,072 plans): $289,906
avg assets per participant

Skanska USA Building Inc. Pension Benefit Plan and Trust reported net income rose from -$121M in the plan year 2022 filing to $95M in the plan year 2023 filing.
Skanska USA Building Inc. Pension Benefit Plan and Trust end-of-year assets rose from $571M in the plan year 2022 filing to $666M in the plan year 2023 filing.
Skanska USA Building Inc. Pension Benefit Plan and Trust reported participants rose from 2,183 in the plan year 2022 filing to 2,296 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

New Jersey

Industry

Construction

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Skanska USA Building Inc. Pension Benefit Plan and Trust reports 2,296 participants - 2.7x that state average ($666M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)	$571M
Net Assets (End of Year)	$666M
Net Income	$95M
Employer EIN	223752540
Plan Effective Date	2002-04-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Skanska USA Building Inc.)

Total plan assets by year, all Skanska USA Building Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	2,183	$571M
2023	1	2,296	$666M
2024	1	2,410	$734M

Nearby 401(k) Plans in New Jersey

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

Skanska USA Building Inc. Pension Benefit Plan and Trust vs. nearby 401(k) plans in New Jersey, assets vs. participants

JPMorgan Chase 401(k) Savings Plan $44.6B · 176,610
Verizon Savings Plan for Management Employees $27.8B · 78,072
Johnson and Johnson Savings Plan $22.2B · 41,291
Ernst & Young Retirement Savings Plan $15.5B · 59,346
Merck US Savings Plan $13.4B · 26,850

Compare Skanska USA Building Inc. Pension Benefi… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Skanska USA Building Inc. Pension Benefit Plan and Trust by total assets, not by location.

Heritage Group Retirement Savings Plan (IN) $665M · 3,568
Uc Health 401(k) Retirement Savings Plan (OH) $665M · 9,699
Hanesbrands Inc. Retirement Savings Plan (NC) $665M · 6,318
Alaska Airlines, Inc. Alaskasaver Plan (WA) $664M · 2,748

Frequently Asked Questions

How did Skanska USA Building Inc. Pension Benefit Plan and Trust assets move in 2023? ▼

Skanska USA Building Inc. Pension Benefit Plan and Trust grew sharply - up 16.6% during 2023, from $571M to $666M. Reported net income was $95M.

How have Skanska USA Building Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Skanska USA Building Inc.'s sponsor-wide assets grew 28.6%, from $571M to $734M.

Where does Skanska USA Building Inc. Pension Benefit Plan and Trust rank by assets among Form 5500 filers? ▼

Skanska USA Building Inc. Pension Benefit Plan and Trust ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to Skanska USA Building Inc. Pension Benefit Plan and Trust? ▼

Among 401(k) plans in other states, the closest by assets is Heritage Group Retirement Savings Plan in IN ($665M, 3,568 participants).

Next read for Skanska USA Building Inc. Pension Benefi…

Filing takeaways

Ways to act on Skanska USA Building Inc. Pension Benefit Plan and Trust's numbers.

By total assets, Skanska USA Building Inc. Pension Benefit Plan and Trust 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 New Jersey. Compare plans
Skanska USA Building Inc.'s sponsor-wide assets have grown 28.6% since 2022 across 3 plan years on file. More Construction plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 223752540.