Defined Benefit (Pension) · DOL Form 5500 · 2024
Schaeffler Group USA Inc. Pension Plan
Data updated 2026-08-25
- $147M
- Total assets Near avg plan size
- 568
- Participants Below avg headcount
- 93rd
- Percentile by assets National rank
- $259,634
- Avg per participant Above avg balance/head
Official DOL plan name: Schaeffler Group USA Inc. Pension Plan · Sponsored by Schaeffler Group USA Inc. · South Carolina · Manufacturing
$147M in assets, 568 participants
Schaeffler Group USA Inc.'s Schaeffler Group USA Inc. Pension Plan reported $147M in total assets and 568 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.
- #15,860 in Manufacturing (17,777 peers)
Where Schaeffler Group USA Inc. Pension Plan sits by assets
Schaeffler Group USA Inc. Pension Plan sits in the top 10% of all filed plans by assets, $147M for 568 participants (~$259,634/participant), down 18.6% in 2024.
- #15,860
- in Manufacturing (17,777 peers)
- -18.6%
- assets change YoY
- 1.5×
- vs typical plan assets (national mean)
The plan reported a net loss of $34M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Schaeffler Group USA Inc. Pension Plan's outsized position by total assets
Schaeffler Group USA Inc. Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$147,472,002 Top 7% higher than 93% 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 Inc. Pension Plan 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. Schaeffler Group USA Inc. Pension Plan sits mid-pack in the medium band (568 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2024
- Schaeffler Group USA Inc. Pension Plan reported net income fell from -$12M in the plan year 2022 filing to -$34M in the plan year 2024 filing.
- Schaeffler Group USA Inc. Pension Plan reported participants fell from 690 in the plan year 2022 filing to 568 in the plan year 2024 filing.
- Schaeffler Group USA Inc. Pension Plan end-of-year assets fell from $171M in the plan year 2022 filing to $147M in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 570517596 · Schaeffler Group USA Inc. PY 2024 · Defined Benefit (Pension)
Schaeffler Group USA Inc. Pension Plan · $147M · 568 · 93rd
- PCT $147M
- EIN 568
- RANK 93rd
- PHOTO Defined Benefit (Pension)
- IND near Major League Baseball Pension Plan for Non-Uniformed Personnel
- EOY ind #15860
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 Inc. Pension Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $181M |
|---|---|
| Net Assets (End of Year) | $147M |
| Net Income | -$34M |
| Employer EIN | 570517596 |
| Plan Effective Date | 1972-07-01 |
| 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 Defined Benefit (Pension) Plans in South Carolina
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- The Savannah River Nuclear Solutions, LLC Multiple Employer Pension Plan $3.7B · 1,749
- Non-Contributory Retirement Program for Certain Empl of Bcbssc $1.2B · 4,087
- Waterfront Employers - Ila Pension Plan $520M · 1,343
- Kennametal Inc. Retirement Income Plan $511M · 495
- Legacy Ghs/Tuomey Pension Plan $428M · 2,307
Schaeffler Group USA Inc. Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside South Carolina, the nearest Defined Benefit (Pension) by assets is Major League Baseball Pension Plan for Non-Uniformed Personnel in PA ($147M); by covered participants it is Billerud Americas Corporation Employee Pension Plan in OH (568 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($147M here).
- Major League Baseball Pension Plan for Non-Uniformed Personnel (PA) $147M · 527
- Pension Plan for Employees of Southco, Inc. (PA) $148M · 192
- International Brotherhood of Boilermakers Officers and Employees' Pension Plan (MO) $148M · 202
- Iubac - Local Union Officers & Employees Pension Plan (DC) $147M · 327
Similar participant headcount
Nearest other-state filings by covered participants (568 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.