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

Skf Usa Inc. 401(k) Plan Facts

Plan name
SKF USA INC. 401(K) RETIREMENT AND SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SKF USA INC.
Participants
3,940 (2,323 active employees)
Former employees with a balance
1,303
Plan assets
$815,973,278 at Dec 31, 2024
Average account balance
$224,848 across 3,629 accounts
Employer contributions
$23,497,577 in plan year 2024 (47% of all contributions)
Recordkeeper
The Vanguard Group, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1985
✓ 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 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $50.0 million went into the plan in contributions, $23.5 million of it from the employer (47%).
  • $88.4 million was paid out to participants.
  • Investment and other income added $90.2 million.
  • Administrative expenses were $599,017, about $165 per account.

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

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20194,567$717.5 million$26.5 million$68.9 million
20204,283$770.7 million$11.5 million$80.3 million
20214,000$840.3 million$22.3 million$87.5 million
20224,145$683.3 million$24.8 million$82.4 million
20234,210$764.7 million$24.2 million$84.3 million
20243,940$816.0 million$23.5 million$88.4 million

Skf Usa Inc. 401(k) Contact Information

Phone
267-436-6000
Mailing address
801 LAKEVIEW DR SUITE 120, BLUE BELL PA 19422
Plan sponsor
SKF USA INC.
Employer identification number (EIN)
23-1043740
Plan number
005

Questions about the Skf Usa Inc. 401(k)

Does Skf Usa Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $23.5 million, 47% of all contributions.

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

Yes. The plan reports automatic enrollment of eligible employees.

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

3,940 participants at the start of plan year 2024, 2,323 of them active employees, and 1,303 former employees who still had money in the plan.

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

About $224,848 per account: $816.0 million in plan assets across 3,629 accounts with a balance at the end of plan year 2024.

Who manages the Skf Usa Inc 401(k) accounts?

Vanguard (listed on the filing as THE VANGUARD GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with Vanguard 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.

Related Companies
Headquarter: 790 S. 75TH AVENUE, TOLLESON, AZ, 85353
Headquarter: PO BOX 1500, LITITZ, PA, 17543
Headquarter: 710 MEDTRONIC PARKWAY NE MS LC245, MINNEAPOLIS, MN, 55432
Headquarter: BENEFITS/HR OPERATIONS V69T AP34-LL 1 NORTH WAUKEGAN ROAD, NORTH CHICAGO, IL, 600641802
Headquarter: 6565 HEADQUARTERS DRIVE, PLANO, TX, 75024