# Skf Usa INC. 401(k) Plan
Source: https://planprovider.pro/companies/skf-usa-inc-401k-plan-005

> Skf Usa INC.&#39;s 401(k) plan: 2,323 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Skf Usa INC.

- **Sponsor EIN:** 231043740

- **Sponsor Address:** 801 LAKEVIEW DR, BLUE BELL, PA, 19422

- **Plan Type:** 401(k)

- **Total Participants:** 2,323

- **Total Assets:** $816.0M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|2,323|$816.0M|$23.5M|$25.0M|

| 2023|2,566|$764.7M|$24.2M|$24.4M|

| 2022|2,746|$683.3M|$24.8M|$24.2M|

## 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|

| VANGUARD ADVISERS INC.|NONE|$366,065|—|$366,065|

| THE VANGUARD GROUP, INC.|NONE|$248,831|—|$248,831|

| BAKER TILLY US, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [VANGUARD ADVISERS INC.](https://planprovider.pro/provider/the-vanguard-group-inc) — NONE

- [THE VANGUARD GROUP, INC.](https://planprovider.pro/provider/the-vanguard-group-inc) — NONE

- [BAKER TILLY US, LLP](https://planprovider.pro/provider/baker-tilly-us-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $614,896

- **Estimated Expense Ratio:** 0.075% 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|$599,017|—|—|—|—|

| 2023|$579,787|—|—|—|—|

| 2022|$567,047|—|—|—|—|

## Similar Plans

- [Vitro Flat Glass LLC](https://planprovider.pro/companies/vitro-flat-glass-llc-401k-plan) — 2,510 participants

- [Skf Usa INC.](https://planprovider.pro/companies/skf-usa-inc-plan-001) — 885 participants

- [Skf Usa INC.](https://planprovider.pro/companies/skf-usa-inc-401k-plan-015) — 875 participants

- [Truck-Lite Co., LLC](https://planprovider.pro/companies/truck-lite-co-llc-401k-plan) — 677 participants

- [Service Tire Truck Center, INC.](https://planprovider.pro/companies/service-tire-truck-center-inc-401k-plan) — 677 participants

- [Ussc Acquisition Corp.](https://planprovider.pro/companies/ussc-acquisition-corp-401k-plan) — 339 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/skf-usa-inc-401k-plan-005)

&copy; 2026 PlanProvider.Pro
