401(k) · DOL Form 5500 · 2024

Skanska USA Building Inc. 401(k) Plan

Data updated 2026-08-11

$734M
Total assets
2,410
Participants
98th
Percentile by assets
$304,396
Avg per participant
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Official DOL plan name: Skanska USA Building Inc. Pension Benefit Plan and Trust · Sponsored by Skanska USA Building Inc. · New Jersey · Construction

$734M in assets, 2,410 participants

Skanska USA Building Inc.'s Skanska USA Building Inc. Pension Benefit Plan and Trust reported $734M in total assets and 2,410 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)
  • #8,857 in Construction (9,039 peers)

Coverage in New Jersey

Skanska USA Building Inc. Pension Benefit Plan and Trust covers 2,410 participants in New Jersey, 2.9x the typical New Jersey plan (state average ~844 per filing). Assets: $734M.

$734M
total plan assets (2024 EOY)
2,410
covered participants
98th
percentile by assets (of 123,622 plans)
$304,396
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Skanska USA Building Inc. Pension Benefit Plan and Trust reported net income fell from $95M in the plan year 2023 filing to $69M in the plan year 2024 filing.
  • Skanska USA Building Inc. Pension Benefit Plan and Trust end-of-year assets rose from $666M in the plan year 2023 filing to $734M in the plan year 2024 filing.
  • Skanska USA Building Inc. Pension Benefit Plan and Trust reported participants rose from 2,296 in the plan year 2023 filing to 2,410 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Skanska USA Building Inc. Pension Benefit Plan and Trust reports 2,410 participants - 2.9x that state average ($734M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$666M
Net Assets (End of Year)$734M
Net Income$69M
Employer EIN223752540
Plan Effective Date2002-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Skanska USA Building Inc.)

$550M$600M$650M$700M$750M 202220232024 $571M $734M ▲ +28.6%
Total plan assets by year, all Skanska USA Building Inc. plans on file
Year Plans Participants Total Assets
2022 1 2,183 $571M
2023 1 2,296 $666M
2024 1 2,410 $734M

Nearby 401(k) Plans in New Jersey

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Skanska USA Building Inc. Pension Benefit Plan and Trust vs. nearby 401(k) plans in New Jersey, assets vs. participants

Skanska USA Building Inc. Pension Benefit Plan and Trust vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Skanska USA Building…JPMorgan Chase 401(k…Verizon Savings Plan…Johnson and Johnson …Ernst & Young Retire…Merck US Savings Plan
Skanska USA Building Inc. Pension Benefit Plan and Trust vs. nearby 401(k) plans in New Jersey, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Skanska USA Building Inc. Pension Benefit Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did Skanska USA Building Inc. Pension Benefit Plan and Trust assets move in 2024?
Skanska USA Building Inc. Pension Benefit Plan and Trust grew at a solid clip - up 10.2% during 2024, from $666M to $734M. Reported net income was $69M.
How have Skanska USA Building Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Skanska USA Building Inc.'s sponsor-wide assets grew 28.6%, from $571M to $734M.
Where does Skanska USA Building Inc. Pension Benefit Plan and Trust rank by assets among Form 5500 filers?
Skanska USA Building Inc. Pension Benefit Plan and Trust 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 Skanska USA Building Inc. Pension Benefit Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Asurion, LLC 401(k) Plan in TN ($733M, 9,670 participants).

Next read for Skanska USA Building Inc. Pension Benefi…

Filing takeaways

Ways to act on Skanska USA Building Inc. Pension Benefit Plan and Trust's numbers.

  • By total assets, Skanska USA Building Inc. Pension Benefit Plan and Trust 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 New Jersey. Compare plans
  • Skanska USA Building Inc.'s sponsor-wide assets have grown 28.6% since 2022 across 3 plan years on file. More Construction plans