401(k) · DOL Form 5500 · 2024

Skf USA Inc. 401(k) Plan

Data updated 2026-08-11

$816M
Total assets: 2,566
Participants: 98th
Percentile by assets: $317,994
Avg per participant

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.

98th percentile by assets (of 123,622 plans)
#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.

$816M
total plan assets (2024 EOY): 2,566
covered participants: 98th
percentile by assets (of 123,622 plans): $317,994
avg assets per participant

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 →

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 2,566 participants - 3.1x that state average ($816M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)	$765M
Net Assets (End of Year)	$816M
Net Income	$51M
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 $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 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.

Cadence 401(k) Profit-Sharing Plan (MS) $817M · 6,117
Hilcorp Energy Company 401(k) Savings Plan (TX) $818M · 3,657
Protiviti Inc. 401(k) and Profit Sharing Plan (CA) $814M · 4,866
Cbera Plan a (MA) $814M · 3,191

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).

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 2024.

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