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: 875
- Total Assets: $80.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 875 | $80.2M | $3.1M | $4.5M |
| 2023 | 893 | $73.8M | $3.0M | $4.2M |
| 2022 | 887 | $64.3M | $3.2M | $4.0M |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | NONE | $72,112 | — | $72,112 |
| VANGUARD ADVISERS INC. | NONE | $48,537 | — | $48,537 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — NONE
- VANGUARD ADVISERS INC. — NONE
- 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: $120,649
- Estimated Expense Ratio: 0.150% 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 | $113,248 | — | — | — | — |
| 2023 | $109,359 | — | — | — | — |
| 2022 | $103,671 | — | — | — | — |