Plan Snapshot
- Plan Sponsor: Skf Usa INC.
- Sponsor EIN: 231043740
- Sponsor Address: 801 LAKEVIEW DR, BLUE BELL, PA, 19422
- Plan Type: 401(k)
- Plan Number: 016
- Total Participants: 0
- Total Assets: $594.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $594.3M | $0 | $0 |
| 2023 | 0 | $645.5M | $20.0M | $0 |
| 2022 | 0 | $662.0M | $20.0M | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| J.P. MORGAN INVESTMENT | Recordkeeper | $752,414 | — | $752,414 |
| PPM AMERICA INC. | Other Service Provider | $312,942 | — | $312,942 |
| SILCHESTER INTERNATIONAL | Other Service Provider | $206,102 | — | $206,102 |
| MESIROW FINANCIAL INVT MGMT | Other Service Provider | $174,760 | — | $174,760 |
| OPTUM | Other Service Provider | $157,347 | — | $157,347 |
| MACQUARIE CAPITAL INVESTMENT | Other Service Provider | $122,308 | — | $122,308 |
| COOK AND BEILER | Other Service Provider | $108,118 | — | $108,118 |
| VAUGHN NELSON INVESTMENT | Other Service Provider | $107,859 | — | $107,859 |
| POLEN CAPITAL MANAGEMENT, LLC | Other Service Provider | $100,923 | — | $100,923 |
| LEUTHOLD | Other Service Provider | $95,328 | — | $95,328 |
| RICE HALL & JAMES | Other Service Provider | $44,124 | — | $44,124 |
| DANA INVESTMENTS ADV INC | Other Service Provider | $26,156 | — | $26,156 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- J.P. MORGAN INVESTMENT — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,208,381
- Estimated Expense Ratio: 0.372% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $2,003,280 | $2,003,280 | — | — | — |
| 2023 | $8,954,001 | $2,397,519 | — | $43,025 | — |
| 2022 | $9,464,937 | $3,019,255 | — | — | $209,316 |