401(k) · DOL Form 5500 · 2024

Skf USA Inc. 401(k) Plan

Data updated 2026-08-25

$80M
Total assets Below avg plan size: 893
Participants Near avg headcount: 89th
Percentile by assets National rank: $89,803
Avg per participant Below avg balance/head

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

$80M in assets, 893 participants

Skf USA Inc.'s Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees reported $80M in total assets and 893 participants in its 2024 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.

#14,830 in Manufacturing (17,777 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, $80M for 893 participants (~$89,803/participant), up 8.6% in 2024.

#14,830
in Manufacturing (17,777 peers): +8.6%
assets growth YoY: 0.8×
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 2024 · DOL Form 5500

$80,194,192 Top 11% higher than 89% of 123,620 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees among mid-size filed plans by headcount

Plan-year 2024 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 (893 participants).

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees reported net income fell from $10M in the plan year 2023 filing to $6M in the plan year 2024 filing.
Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees end-of-year assets rose from $74M in the plan year 2023 filing to $80M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 231043740 · Skf USA Inc. PY 2024 · 401(k)

Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees · $80M · 893 · 89th

PART $80M
TYPE 893
NET 89th
BOOK 401(k)
VS-ST near Kendall Automotive Group Employees' Retirement Plan
BOY ind #14830

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 →

End-of-year total assets ($M) among Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$74M
Net Assets (End of Year)	$80M
Net Income	$6M
Employer EIN	231043740
Plan Effective Date	1985-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Skf USA Inc.)

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.

Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Comcast Corporation Retirement - Investment Plan $19.7B · 90,495
The Cigna Group 401(k) Plan $14.2B · 63,634
The Vanguard Retirement and Savings Plan $11.1B · 18,066
Thermo Fisher Scientific Inc. 401(k) Retirement Plan $10.3B · 36,150
The PNC Financial Services Group, Inc. Incentive Savings Plan $10.2B · 54,604

Compare Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees side-by-side with 3 peers →

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 Kendall Automotive Group Employees' Retirement Plan in ID ($80M); by covered participants it is Salmon Health and Retirement in MA (893 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($80M here).

Kendall Automotive Group Employees' Retirement Plan (ID) $80M · 1,898
Grimco, Inc. 401(k) and Profit Sharing Plan (MO) $80M · 1,089
Arc International North America 401(k) Retirement (NJ) $80M · 667
Perkins School for the Blind Retirement Plan (MA) $80M · 664

Similar participant headcount

Nearest other-state filings by covered participants (893 participants); asset peers above are excluded.

Salmon Health and Retirement (MA) 893 · 0 off
The Bernard Group 401(k) Plan (MN) 893 · 0 off
Red Rock Retirement Benefits Plan (OK) 893 · 0 off
Iem International, Inc. Retirement Savings Plan (NC) 893 · 0 off

DOL Form 5500 plan year 2024. 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 for Union Employees assets move in 2024? ▼

Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees grew at a solid clip - up 8.6% during 2024, from $74M to $80M. Reported net income was $6M.

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 for Union Employees rank by assets among Form 5500 filers? ▼

Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).

Which 401(k) plans are similar in size to Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees? ▼

Among 401(k) plans in other states, the closest by assets is Kendall Automotive Group Employees' Retirement Plan in ID ($80M, 1,898 participants).

Which 401(k) plans cover a similar participant headcount to Skf USA Inc. 401(k) Retirement and Savings Plan for Union Employees? ▼

Among 401(k) plans in other states, the closest by covered participants is Salmon Health and Retirement in MA (893 participants, $41M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 231043740.