Open Sky Education 401(k) match, vesting and fees
What Open Sky Education's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | The Vanguard Group | Schedule C ↗ |
| Independent auditor | Cliftonlarsonallen LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 456 defined-contribution plans in educational services with 500 to 999 participants.
| Open Sky Education: employer contribution per participant | $593 | |
| Peer median | $1,855 |
| Open Sky Education: average balance | $13,692 | |
| Peer median | $100,069 |
| Open Sky Education: admin expenses ÷ assets | 1.01% | |
| Peer median | 0.11% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $7.3M at the end of plan year 2021 to $8.7M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 821 | $8.7M | $379K | $593 | 1.01% | Not published | Form 5500 ↗ |
| 2023 | 891 | $8.1M | $480K | $668 | 0.48% | Not published | Form 5500 ↗ |
| 2022 | 931 | $6.3M | $483K | $550 | 1.17% | Not published | Form 5500 ↗ |
| 2021 | 822 | $7.3M | $514K | $670 | 1.06% | Not published | Form 5500 ↗ |
Common questions
Does Open Sky Education match 401(k) contributions?
The match terms for the Open Sky Education 403(b) Plan have not been published from its filing yet. The plan year 2024 filing reports $379K in employer contributions, about $593 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Open Sky Education 401(k) match vested?
The vesting schedule for the Open Sky Education 403(b) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Open Sky Education 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is The Vanguard Group. The plan administrator is Open Sky Education, Inc..
I left Open Sky Education. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Open Sky Education, Inc., (262) 542-9546) or the recordkeeper, The Vanguard Group. The Open Sky Education old 401(k) page lists the contacts from every plan filing. Find an old Open Sky Education 401(k)
Data from the public Form 5500 annual reports Open Sky Education filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Open Sky Education. Not financial advice. Report a correction · Methodology