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, Schaeffler Group Usa Savings Retirement Plan is a benefit plan reported by Schaeffler Group Usa Inc. under EIN 57-0517596 and plan number 003. The latest loaded filing year is 2023. The filing reports 6,912 participants and $715,860,916 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $715,860,916
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $715,860,916
- Net assets (BOY)
- $599,775,276
Income & contributions
- Employer contributions
- $25,955,934
- Participant contributions
- $28,239,212
- Total contributions
- $55,481,186
- Total income / additions
- $170,261,969
Expenses & distributions
- Benefits paid
- $54,023,119
- Administrative expenses
- $86,408
- Total expenses
- $54,176,329
- Net increase / (decrease)
- $116,085,640