401(k) · DOL Form 5500 · 2023
Skf USA Inc. 401(k) Plan
Data updated 2026-08-25
- $74M
- Total assets Below avg plan size
- 887
- Participants Near avg headcount
- 89th
- Percentile by assets National rank
- $83,253
- Avg per participant Below avg balance/head
Official DOL plan name: Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees · Sponsored by Skf USA Inc. · Pennsylvania · Manufacturing
$74M in assets, 887 participants
Skf USA Inc.'s Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees reported $74M in total assets and 887 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.
- #15,685 in Manufacturing (18,722 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 quartile of all filed plans by assets, $74M for 887 participants (~$83,253/participant), up 14.8% in 2023.
- #15,685
- in Manufacturing (18,722 peers)
- +14.8%
- assets growth YoY
- 0.7×
- vs typical plan assets (national mean)
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 2023 · DOL Form 5500
$73,845,197 Top 11% higher than 89% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees among mid-size filed plans by headcount
Plan-year 2023 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 (887 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees reported net income rose from -$12M in the plan year 2022 filing to $10M in the plan year 2023 filing.
- Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees end-of-year assets rose from $64M in the plan year 2022 filing to $74M in the plan year 2023 filing.
- Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees reported participants rose from 841 in the plan year 2022 filing to 887 in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 231043740 · Skf USA Inc. PY 2023 · 401(k)
Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees · $74M · 887 · 89th
- IND $74M
- IND 887
- IND 89th
- IND 401(k)
- IND near Abelson-Taylor, Inc. Profit Sharing Plan
- IND ind #15685
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
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $64M |
|---|---|
| Net Assets (End of Year) | $74M |
| Net Income | $10M |
| Employer EIN | 231043740 |
| Plan Effective Date | 1985-01-01 |
| Filing Status | FILING 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
| 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.
- Comcast Corporation Retirement - Investment Plan $17.4B · 93,136
- Cigna 401(k) Plan $13.0B · 66,760
- The Vanguard Retirement and Savings Plan $9.8B · 18,200
- The PNC Financial Services Group, Inc. Incentive Savings Plan $9.3B · 61,697
- The Bank of New York Mellon Corporation 401(k) Savings Plan $9.0B · 25,184
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 Abelson-Taylor, Inc. Profit Sharing Plan in IL ($74M); by covered participants it is Bosselman Employee Retirement Plan in NE (887 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($74M here).
- Abelson-Taylor, Inc. Profit Sharing Plan (IL) $74M · 288
- Calamp Corp. Employees Savings Plan (CA) $74M · 361
- Behlen Mfg. Co. 401(k) Plan (NE) $74M · 1,051
- Fasken Oil and Ranch, Ltd. 401(k) Plan (TX) $74M · 268
Similar participant headcount
Nearest other-state filings by covered participants (887 participants); asset peers above are excluded.
- Bosselman Employee Retirement Plan (NE) 887 · 0 off
- Creative Financial Staffing 401(k) Plan (MA) 887 · 0 off
- Nextiva 401(k) Plan (AZ) 887 · 0 off
- Esse Health Profit Sharing Plan (MO) 887 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.