Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Skf Usa Inc. 401(K) Retirement And Savings Plan is a benefit plan reported by Skf Usa Inc. under EIN 23-1043740 and plan number 005. The latest loaded filing year is 2023. The filing reports 4,210 participants and $764,742,503 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $764,742,503
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $764,742,503
- Net assets (BOY)
- $683,330,963
Income & contributions
- Employer contributions
- $24,206,351
- Participant contributions
- $24,375,771
- Total contributions
- $52,424,564
- Total income / additions
- $166,219,418
Expenses & distributions
- Benefits paid
- $84,344,685
- Administrative expenses
- $579,787
- Total expenses
- $84,931,100
- Net increase / (decrease)
- $81,288,318