Schaeffler Group Usa Inc. 401(k) Plan: Login, Facts & Contact Information

Schaeffler Group Usa Inc. 401(k) Plan Facts

Plan name
SCHAEFFLER GROUP USA SAVINGS RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SCHAEFFLER GROUP USA INC.
Participants
6,915 (5,149 active employees)
Former employees with a balance
1,373
Plan assets
$800,107,760 at Dec 31, 2024
Average account balance
$126,061 across 6,347 accounts
Employer contributions
$21,198,951 in plan year 2024 (39% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1993
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 17, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $53.8 million went into the plan in contributions, $21.2 million of it from the employer (39%).
  • $76.9 million was paid out to participants.
  • Investment and other income added $107.6 million.
  • Administrative expenses were $174,709, about $28 per account.

How the Schaeffler Group Usa Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20198,440$607.2 million$22.7 million$44.0 million
20207,608$640.6 million$20.5 million$93.6 million
20217,125$720.1 million$21.3 million$64.8 million
20226,992$599.8 million$22.4 million$61.7 million
20236,912$715.9 million$26.0 million$54.0 million
20246,915$800.1 million$21.2 million$76.9 million

Schaeffler Group Usa Inc. 401(k) Contact Information

Phone
803-547-7950
Mailing address
308 SPRINGHILL FARM RD, FORT MILL SC 29715
Plan sponsor
SCHAEFFLER GROUP USA INC.
Employer identification number (EIN)
57-0517596
Plan number
003

Questions about the Schaeffler Group Usa Inc. 401(k)

Does Schaeffler Group Usa Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $21.2 million, 39% of all contributions.

Does the Schaeffler Group Usa Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Schaeffler Group Usa Inc 401(k) plan?

6,915 participants at the start of plan year 2024, 5,149 of them active employees, and 1,373 former employees who still had money in the plan.

What is the average 401(k) balance at Schaeffler Group Usa Inc?

About $126,061 per account: $800.1 million in plan assets across 6,347 accounts with a balance at the end of plan year 2024.

Who manages the Schaeffler Group Usa Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Schaeffler Group Usa Inc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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