Employer · plans filed under one EIN
Schaeffler Group USA Inc.
Fort Mill, SC · Manufacturing
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
2 retirement plans with 100 or more participants file Form 5500 under Schaeffler Group USA Inc.'s employer identification number (Fort Mill, South Carolina). Their latest filings total 9,037 participant records and $948M in net assets.
The largest is Schaeffler Group USA Savings Retirement Plan, a 401(k) plan with 6,584 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $21.2M and participant contributions $30.3M in the latest plan years; benefits paid were $111M. Schedule C compensation reported to service provider organisations totalled $1.3M.
Combined net assets moved from $227M in 2009 to $948M in 2024 (up 317%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| Schaeffler Group USA Savings Retirement Plan | 401(k) plan | 2024 | 6,584 | $800M | $121,523 | $4,117 | $175K |
| Schaeffler Group USA Inc. Pension Plan | defined benefit pension plan | 2024 | 2,453 | $147M | $60,119 | — | $1.2M |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 2 | 9,037 | $948M | $21.2M | $30.3M |
| 2023 | 1 | 6,915 | $716M | $26.0M | $28.2M |
| 2022 | 2 | 9,830 | $771M | $22.4M | $26.1M |
| 2021 | 2 | 9,969 | $903M | $21.3M | $25.2M |
| 2020 | 2 | 10,180 | $888M | $20.5M | $23.1M |
| 2019 | 2 | 10,700 | $863M | $22.7M | $25.4M |
| 2018 | 2 | 11,594 | $732M | $23.2M | $23.9M |
| 2017 | 2 | 10,649 | $725M | $39.6M | $22.1M |
| 2016 | 2 | 8,808 | $477M | $19.1M | $20.5M |
| 2015 | 2 | 8,948 | $432M | $17.9M | $19.6M |
| 2014 | 2 | 8,390 | $422M | $19.3M | $17.3M |
| 2013 | 2 | 8,109 | $389M | $19.4M | $15.1M |
| 2012 | 2 | 7,333 | $317M | $13.5M | $13.8M |
| 2011 | 2 | 6,944 | $273M | $15.4M | $12.6M |
| 2010 | 2 | 6,392 | $265M | $15.1M | $11.1M |
| 2009 | 2 | 6,477 | $227M | $7.7M | $10.2M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Aon Consulting Inc. | Consulting (general) | 1 | $793,194 |
| Mercer Investment Management, Inc. | Investment management | 1 | $320,951 |
| Fidelity Investments Institutional | Participant loan processing | 1 | $174,709 |
| U.S Bank National Association | Trustee (bank, trust company, or similar financial institution) | 1 | $60,164 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does Schaeffler Group USA Inc. have?
2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Schaeffler Group USA Savings Retirement Plan and Schaeffler Group USA Inc. Pension Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Schaeffler Group USA Inc. contribute to its plans?
$21,198,951 in employer contributions across these plans in their latest plan years, about $3,847 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Aon Consulting Inc., Mercer Investment Management, Inc., Fidelity Investments Institutional and U.S Bank National Association. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.