Skywater Technology Foundry, Inc. 401(K) Plan — Form 5500 plan (Skywater Technology Foundry, Inc.)

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, Skywater Technology Foundry, Inc. 401(K) Plan is a benefit plan reported by Skywater Technology Foundry, Inc. under EIN 81-4306229 and plan number 001. The latest loaded filing year is 2023. The filing reports 844 participants and $42,583,139 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Skywater Technology Foundry, Inc.
EIN
81-4306229
Plan number
001
Plan type
2
Location
Bloomington, MN
Latest filing year
2023
Participants
844
End-of-year plan assets
$42,583,139

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023844H, C20241017154421NAL0016473747001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$42,583,139
Total liabilities (EOY)
$0
Net assets (EOY)
$42,583,139
Net assets (BOY)
$29,235,689

Income & contributions

Employer contributions
$2,016,600
Participant contributions
$6,658,545
Total contributions
$9,341,255
Total income / additions
$15,889,336

Expenses & distributions

Benefits paid
$2,467,683
Administrative expenses
$74,203
Total expenses
$2,541,886
Net increase / (decrease)
$13,347,450

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Hays Financial Group LLCNONE$38,397not reported in the loaded dataset2023
T Rowe Price Rps IncNONE$23,027$02023

Related Form 5500 pages