Employer · plans filed under one EIN
SKF USA Inc.
Blue Bell, PA · 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.
3 retirement plans with 100 or more participants file Form 5500 under SKF USA Inc.'s employer identification number (Blue Bell, Pennsylvania). Their latest filings total 11,741 participant records and $1.51B in net assets.
The largest is Pension Plan for Employees of SKF USA Inc., a defined benefit pension plan with 6,881 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 $46.6M and participant contributions $29.5M in the latest plan years; benefits paid were $158M. Schedule C compensation reported to service provider organisations totalled $1.8M.
Combined net assets moved from $880M in 2009 to $1.51B in 2024 (up 72%). 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 |
|---|---|---|---|---|---|---|---|
| Pension Plan for Employees of SKF USA Inc. | defined benefit pension plan | 2024 | 6,881 | $614M | $89,163 | $22,599 | $1.1M |
| SKF USA Inc. 401(k) Retirement and Savings Plan | 401(k) plan | 2024 | 3,656 | $816M | $223,187 | $10,115 | $615K |
| SKF USA Inc. 401(k) Retirement and Savings Plan for Union Employees | 401(k) plan | 2024 | 1,204 | $80.2M | $66,606 | $3,503 | $121K |
| 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 | 3 | 11,741 | $1.51B | $46.6M | $29.5M |
| 2023 | 3 | 12,363 | $1.50B | $47.2M | $28.6M |
| 2022 | 3 | 12,975 | $1.43B | $48.0M | $28.2M |
| 2021 | 3 | 13,190 | $1.81B | $44.4M | $26.6M |
| 2020 | 3 | 13,384 | $1.74B | $34.1M | $26.2M |
| 2019 | 3 | 14,125 | $1.66B | $27.1M | $28.4M |
| 2018 | 3 | 14,833 | $1.47B | $26.4M | $27.0M |
| 2017 | 3 | 13,170 | $1.45B | $25.3M | $24.9M |
| 2016 | 3 | 12,802 | $1.35B | $106M | $19.6M |
| 2015 | 3 | 13,211 | $1.23B | $146M | $21.8M |
| 2014 | 3 | 13,874 | $1.20B | $38.6M | $21.9M |
| 2013 | 3 | 14,951 | $1.16B | $34.0M | $20.5M |
| 2012 | 3 | 14,953 | $1.02B | $13.8M | $16.4M |
| 2011 | 3 | 13,254 | $896M | $8.3M | $16.0M |
| 2010 | 3 | 13,637 | $936M | $5.4M | $14.4M |
| 2009 | 3 | 13,618 | $880M | $5.1M | $14.4M |
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 |
|---|---|---|---|
| Vanguard Advisers Inc. | Investment advisory (participants) | 2 | $414,602 |
| The Bank of New York Mellon | Custodial (securities); Trustee (bank, trust company, or similar financial institution) | 1 | $408,818 |
| Aon Hewitt Investment | — | 1 | $362,463 |
| The Vanguard Group, Inc. | Recordkeeping and information management; Consulting (general); Trustee (directed); Participant loan processing | 2 | $320,943 |
| Compass Intermediate LLC | Consulting (general) | 1 | $169,890 |
| Buck Global LLC | Actuarial | 1 | $145,833 |
| Baker Tilly US, LLP | Accounting (including auditing) | 1 | $19,250 |
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 SKF USA Inc. have?
3 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Pension Plan for Employees of SKF USA Inc., SKF USA Inc. 401(k) Retirement and Savings Plan and SKF USA Inc. 401(k) Retirement and Savings Plan for Union Employees. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does SKF USA Inc. contribute to its plans?
$46,562,497 in employer contributions across these plans in their latest plan years, about $11,404 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 Vanguard Advisers Inc., The Bank of New York Mellon, Aon Hewitt Investment and The Vanguard Group, Inc. and others. 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.