401(k) · DOL Form 5500 · 2024
Schaeffler Group USA Inc. 401(k) Plan
Data updated 2026-08-25
- $800M
- Total assets Above avg plan size
- 4,937
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $162,064
- Avg per participant Above avg balance/head
Official DOL plan name: Schaeffler Group USA Savings Retirement Plan · Sponsored by Schaeffler Group USA Inc. · South Carolina · Manufacturing
$800M in assets, 4,937 participants
Schaeffler Group USA Inc.'s Schaeffler Group USA Savings Retirement Plan reported $800M in total assets and 4,937 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.
- #17,226 in Manufacturing (17,777 peers)
Coverage in South Carolina
Schaeffler Group USA Savings Retirement Plan covers 4,937 participants in South Carolina, 13x the typical South Carolina plan (state average ~369 per filing). Assets: $800M.
- #17,226
- in Manufacturing (17,777 peers)
- +11.8%
- assets growth YoY
- 8.0×
- vs typical plan assets (national mean)
Schaeffler Group USA Savings Retirement Plan's outsized position by total assets
Schaeffler Group USA Savings Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$800,107,760 Top 2% higher than 98% 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
Schaeffler Group USA Savings Retirement 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. Schaeffler Group USA Savings Retirement Plan lands in the large band (4,937 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Schaeffler Group USA Savings Retirement Plan reported net income fell from $116M in the plan year 2023 filing to $84M in the plan year 2024 filing.
- Schaeffler Group USA Savings Retirement Plan end-of-year assets rose from $716M in the plan year 2023 filing to $800M in the plan year 2024 filing.
- Schaeffler Group USA Savings Retirement Plan reported participants rose from 4,857 in the plan year 2023 filing to 4,937 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 570517596 · Schaeffler Group USA Inc. PY 2024 · 401(k)
Schaeffler Group USA Savings Retirement Plan · $800M · 4,937 · 98th
- EIN $800M
- RANK 4,937
- PHOTO 98th
- IND 401(k)
- EOY near Medical Mutual of Ohio Employees' Retirement Savings Plan
- 5500 ind #17226
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 South Carolina →
Schaeffler Group USA Savings Retirement Plan in the asset neighbourhood
South Carolina filing particulars
| Total Assets (Beginning of Year) | $716M |
|---|---|
| Net Assets (End of Year) | $800M |
| Net Income | $84M |
| Employer EIN | 570517596 |
| Plan Effective Date | 1993-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Schaeffler Group USA Inc.)
Sponsor-wide plan assets over time
All Schaeffler Group USA Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $948M 22.895118956585808% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 5,627 | $771M |
| 2023 | 1 | 4,857 | $716M |
| 2024 | 2 | 5,505 | $948M |
Nearby 401(k) Plans in South Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Michelin 401(k) Savings Plan $4.5B · 15,095
- The Savannah River Nuclear Solutions, LLC Defined Contribution Plan $2.8B · 9,296
- Sonoco Retirement & Savings Plan $1.7B · 11,813
- Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan $1.5B · 11,878
- The Milliken Retirement Plan $1.4B · 5,733
Schaeffler Group USA Savings Retirement Plan's out-of-state 401(k) peers by assets and headcount
Outside South Carolina, the nearest 401(k) by assets is Medical Mutual of Ohio Employees' Retirement Savings Plan in OH ($799M); by covered participants it is Aerospace Corporation 401(k) Plan in CA (4,939 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($800M here).
- Medical Mutual of Ohio Employees' Retirement Savings Plan (OH) $799M · 3,049
- Waste Connections, Inc. 401(k) Profit Sharing Plan (TX) $799M · 16,709
- The 401(k) Retirement Plan of Heidelberg Materials US (TX) $798M · 4,902
- Williams-Sonoma, Inc. 401(k) Plan (CA) $798M · 18,752
Similar participant headcount
Nearest other-state filings by covered participants (4,937 participants); asset peers above are excluded.
- Aerospace Corporation 401(k) Plan (CA) 4,939 · 2 off
- Parexel International Corporation 401(k) Retirement Savings Plan (MA) 4,934 · 3 off
- Keller North America Retirement Savings Profit Sharing Plan (MD) 4,940 · 3 off
- Golden State Foods 401(k) Savings & Retirement Plan (CA) 4,934 · 3 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.