401(k) · DOL Form 5500 · 2024

Skf USA Inc. 401(k) Plan

Data updated 2026-08-25

$816M
Total assets Above avg plan size
2,566
Participants Above avg headcount
98th
Percentile by assets National rank
$317,994
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

$816M in assets, 2,566 participants

Skf USA Inc.'s Skf USA Inc. 401(k) Retirement and Savings Plan reported $816M in total assets and 2,566 participants in its 2024 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.

  • #17,232 in Manufacturing (17,777 peers)

Coverage in Pennsylvania

Skf USA Inc. 401(k) Retirement and Savings Plan covers 2,566 participants in Pennsylvania, 3.1x the typical Pennsylvania plan (state average ~822 per filing). Assets: $816M.

#17,232
in Manufacturing (17,777 peers)
+6.7%
assets growth YoY
8.2×
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 2024 · DOL Form 5500

$815,973,278 Top 2% higher than 98% of 123,620 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 2024

Skf USA Inc. 401(k) Retirement and Savings Plan's large-plan peer group by participant 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 lands in the large band (2,566 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Skf USA Inc. 401(k) Retirement and Savings Plan reported net income fell from $81M in the plan year 2023 filing to $51M in the plan year 2024 filing.
  • Skf USA Inc. 401(k) Retirement and Savings Plan end-of-year assets rose from $765M in the plan year 2023 filing to $816M in the plan year 2024 filing.
  • Skf USA Inc. 401(k) Retirement and Savings Plan reported participants fell from 2,746 in the plan year 2023 filing to 2,566 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 · $816M · 2,566 · 98th

  • TYPE $816M
  • TYPE 2,566
  • TYPE 98th
  • TYPE 401(k)
  • TYPE near Cadence 401(k) Profit-Sharing Plan
  • TYPE ind #17232

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

Hilcorp Energy Company 401(k) Savings PlanHilcorp Energy Company 401(k…$818MCadence 401(k) Profit-Sharing PlanCadence 401(k) Profit-Sharin…$817MSkf USA Inc. 401(k) Retirement and Savings PlanSkf USA Inc. 401(k) Retireme…$816MProtiviti Inc. 401(k) and Profit Sharing PlanProtiviti Inc. 401(k) and Pr…$814MCbera Plan a$814M
End-of-year total assets ($M) among Skf USA Inc. 401(k) Retirement and Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$765M
Net Assets (End of Year)$816M
Net Income$51M
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 -50510152025 Total assets ($B) Participants Skf USA Inc. 401(k) Retirement and Savings Plan, Total assets ($B): 0.815973278 · Participants: 2566Skf USA Inc. 401(k) Retirement and Savings PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 19.687957793 · Participants: 90495Comcast Corporation Retirement - Investment PlanThe Cigna Group 401(k) Plan, Total assets ($B): 14.20308608 · Participants: 63634The Cigna Group 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 11.084818612 · Participants: 18066The Vanguard Retirement and Savings PlanThermo Fisher Scientific Inc. 401(k) Retirement Plan, Total assets ($B): 10.263366209 · Participants: 36150Thermo Fisher Scientific Inc. 401(k) Retirement PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 10.189629 · Participants: 54604The PNC Financial Services Group, Inc. Incentive 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 Cadence 401(k) Profit-Sharing Plan in MS ($817M); by covered participants it is The Laitram Employees' Incentive Savings Plan in LA (2,567 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($816M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,566 participants); asset peers above are excluded.

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 assets move in 2024? ▼
Skf USA Inc. 401(k) Retirement and Savings Plan grew at a solid clip - up 6.7% during 2024, from $765M to $816M. Reported net income was $51M.
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 123,622 plans that reported assets for plan year 2024 (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 Cadence 401(k) Profit-Sharing Plan in MS ($817M, 6,117 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 The Laitram Employees' Incentive Savings Plan in LA (2,567 participants, $614M 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.

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.