401(k) · DOL Form 5500 · 2023

Skf USA Inc. 401(k) Plan

Data updated 2026-08-25

$765M
Total assets Above avg plan size
2,746
Participants Above avg headcount
98th
Percentile by assets National rank
$278,493
Avg per participant High balance/head
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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.

  • #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.

#18,146
in Manufacturing (18,722 peers)
+11.9%
assets growth YoY
7.7×
vs typical plan assets (national mean)

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

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

End-of-year total assets · plan year 2023 · DOL Form 5500

$764,742,503 Top 2% higher than 98% of 127,068 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 2023

Skf USA Inc. 401(k) Retirement and Savings Plan's large-plan peer group by participant 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 lands in the large band (2,746 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 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 →

Published 5500 schedule card

Filing strip 231043740 · Skf USA Inc. PY 2023 · 401(k)

Skf USA Inc. 401(k) Retirement and Savings Plan · $765M · 2,746 · 98th

  • VS-ST $765M
  • VS-ST 2,746
  • VS-ST 98th
  • VS-ST 401(k)
  • VS-ST near Caes 401(k) Plan
  • VS-ST ind #18146

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 in the asset neighbourhood

Pnm Resources, Inc. Retirement Savings PlanPnm Resources, Inc. Retireme…$765MMks Instruments, Inc. Profit Sharing & 401(k) PlanMks Instruments, Inc. Profit…$765MCaes 401(k) Plan$765MSkf USA Inc. 401(k) Retirement and Savings PlanSkf USA Inc. 401(k) Retireme…$765MMaximus, Inc. 401(k) Plan$763M
End-of-year total assets ($M) among Skf USA Inc. 401(k) Retirement and Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$683M
Net Assets (End of Year)$765M
Net Income$81M
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 vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -505101520 Total assets ($B) Participants Skf USA Inc. 401(k) Retirement and Savings Plan, Total assets ($B): 0.764742503 · Participants: 2746Skf USA Inc. 401(k) Retirement and Savings PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
Skf USA Inc. 401(k) Retirement and Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Skf USA Inc. 401(k) Retirement and Savings Plan side-by-side with 3 peers →

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

Outside Pennsylvania, the nearest 401(k) by assets is Caes 401(k) Plan in CA ($765M); by covered participants it is Pay Deferral and Savings Plan of Hines Interests Limited Partnership in TX (2,745 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($765M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,746 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 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).
Which 401(k) plans cover a similar participant headcount to Skf USA Inc. 401(k) Retirement and Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pay Deferral and Savings Plan of Hines Interests Limited Partnership in TX (2,745 participants, $771M in assets).

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.

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.