SKF USA 401(k) and pension plans

SKF USA Inc., Blue Bell, PA. EIN 23-1043740. Annual reports 2009–2024.

SKF USA Inc. has 3 active retirement plans on file. The largest is the Pension Plan for Employees of SKF USA Inc., with 6,881 participants and $614 million in assets in 2024.

Active plans
3
Participants
11,741
Plan assets
$1.5 billion
401(k) recordkeeper
Vanguard
Plans on file
3
Industry
Manufacturing

All 3 plans

Active plans first

Pension Plan for Employees of SKF USA Inc.

Pension (defined benefit)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number
001Employer EIN 23-1043740
Participants (2024)
6,881
Net assets (2024)
$614 million
Last listed administrator
Transamerica2013
Plan administrator
SKF USA Inc.
801 Lakeview DR., Suite 120
Blue Bell, PA 19422
(267) 436-6875As filed for 2024
In effect since
December 10, 1950

Plans merged into this one: Kaydon Corporation Retirement Plan (2017); Hourly Employees Pension Plan of Kaydon Corporatio (2017); Lincoln Industrial Corporation Omnibus Plan (2012).

Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
20246,881$614 millionnot listed
20237,153$660 millionnot listed
20227,530$680 millionnot listed
20217,879$888 millionnot listed
20208,134$899 millionnot listed
20198,504$870 millionnot listed
20188,834$831 millionnot listed
20177,406$772 millionnot listed
20167,683$763 millionnot listed
20158,035$709 millionnot listed
20148,330$651 millionnot listed
20139,662$652 millionTransamerica
20129,876$593 millionnot listed
20119,268$541 millionnot listed
20109,320$581 millionnot listed
20099,431$566 millionnot listed

SKF USA Inc. 401(k) Retirement and Savings Plan

401(k)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number
005Employer EIN 23-1043740
Participants (2024)
3,656
Net assets (2024)
$816 million
Recordkeeper
Vanguard2009–2024
Plan administrator
SKF USA Inc.
801 Lakeview DR, Suite 120
Blue Bell, PA 19422
(267) 436-6000As filed for 2024
In effect since
January 1, 1985

Plans merged into this one: Kaydon Corporation Employee Stock Ownership and Thrift Plan (2016); LSG Retirement Savings Plan (2012).

Earlier plan names: SKF USA Inc. Pretax Accumulation of Capital for Employees Single Plan a.

Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
20243,656$816 millionVanguard
20233,940$765 millionVanguard
20224,210$683 millionVanguard
20214,145$840 millionVanguard
20204,000$771 millionVanguard
20194,283$718 millionVanguard
20184,567$583 millionVanguard
20174,410$615 millionVanguard
20163,802$529 millionVanguard
20153,912$473 millionVanguard
20144,201$498 millionVanguard
20134,046$455 millionVanguard
20123,751$383 millionVanguard
20112,636$300 millionVanguard
20102,826$299 millionVanguard
20092,675$262 millionVanguard

SKF USA Inc. 401(k) Retirement and Savings Plan for Union Employees

401(k)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number
015Employer EIN 23-1043740
Participants (2024)
1,204
Net assets (2024)
$80.2 million
Recordkeeper
Vanguard2009–2024
Plan administrator
SKF USA Inc.
801 Lakeview DR, Suite 120
Blue Bell, PA 19422
(267) 436-6000As filed for 2024
In effect since
January 1, 1985

Earlier plan names: SKF USA Inc. Pretax Accumulation of Capital for Employees Single Plan B.

Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
20241,204$80.2 millionVanguard
20231,270$73.8 millionVanguard
20221,235$64.3 millionVanguard
20211,166$76.7 millionVanguard
20201,250$71.4 millionVanguard
20191,338$68.0 millionVanguard
20181,432$57.2 millionVanguard
20171,354$61.0 millionVanguard
20161,317$58.5 millionVanguard
20151,264$48.7 millionVanguard
20141,343$54.6 millionVanguard
20131,243$53.9 millionVanguard
20121,326$48.3 millionVanguard
20111,350$54.2 millionVanguard
20101,491$56.3 millionVanguard
20091,512$52.1 millionVanguard

If you had money in one of these plans

  1. Call Vanguard (investor.vanguard.com), which runs the SKF USA Inc. 401(k) Retirement and Savings Plan. With your Social Security number and the plan name, it can tell you whether you still have a balance and, if not, where it went.
  2. Or call the plan administrator listed on the plan below ((267) 436-6875). That number was filed for 2024; ask for the benefits or retirement plan office.
  3. Still stuck? The Department of Labor's benefits advisers help for free: askebsa.dol.gov or 1-866-444-3272. Never pay anyone to find your own money.

What these numbers are

Sources: U.S. Department of Labor, Form 5500 datasets and PBGC trusteed plans. How we read them.

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