401(k) · DOL Form 5500 · 2023

Skf USA Inc. 401(k) Plan

Data updated 2026-08-11

$765M
Total assets: 2,746
Participants: 98th
Percentile by assets: $278,493
Avg per participant

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

$765M in assets, 2,746 participants

Skf USA Inc.'s Skf USA Inc. 401(k) Retirement and Savings Plan reported $765M in total assets and 2,746 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)
#18,146 in Manufacturing (18,722 peers)

Coverage in Pennsylvania

Skf USA Inc. 401(k) Retirement and Savings Plan covers 2,746 participants in Pennsylvania, 3.3x the typical Pennsylvania plan (state average ~822 per filing). Assets: $765M.

$765M
total plan assets (2023 EOY): 2,746
covered participants: 98th
percentile by assets (of 127,072 plans): $278,493
avg assets per participant

Skf USA Inc. 401(k) Retirement and Savings Plan reported net income rose from -$157M in the plan year 2022 filing to $81M in the plan year 2023 filing.
Skf USA Inc. 401(k) Retirement and Savings Plan end-of-year assets rose from $683M in the plan year 2022 filing to $765M in the plan year 2023 filing.
Skf USA Inc. 401(k) Retirement and Savings Plan reported participants fell from 2,762 in the plan year 2022 filing to 2,746 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Pennsylvania

Industry

Manufacturing

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 2,746 participants - 3.3x that state average ($765M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)	$683M
Net Assets (End of Year)	$765M
Net Income	$81M
Employer EIN	231043740
Plan Effective Date	1985-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Skf USA Inc.)

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

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

Compare Skf USA Inc. 401(k) Retirement and Savin… side-by-side with 3 peers →

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.

Caes 401(k) Plan (CA) $765M · 3,593
Mks Instruments, Inc. Profit Sharing & 401(k) Plan (MA) $765M · 2,991
Pnm Resources, Inc. Retirement Savings Plan (NM) $765M · 1,531
Maximus, Inc. 401(k) Plan (VA) $763M · 31,806

Frequently Asked Questions

How did Skf USA Inc. 401(k) Retirement and Savings Plan assets move in 2023? ▼

Skf USA Inc. 401(k) Retirement and Savings Plan grew at a solid clip - up 11.9% during 2023, from $683M to $765M. Reported net income was $81M.

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 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 Skf USA Inc. 401(k) Retirement and Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Caes 401(k) Plan in CA ($765M, 3,593 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

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 231043740.