Sky Chefs 401(k) match, vesting and fees
What Sky Chefs' 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 | Merrill Lynch, Pierce, Fenner and S | Schedule C ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 22 defined-contribution plans in accommodation and food services with 5,000 to 9,999 participants.
| Sky Chefs: employer contribution per participant | $605 | |
| Peer median | $1,179 |
| Sky Chefs: average balance | $39,843 | |
| Peer median | $39,396 |
| Sky Chefs: admin expenses ÷ assets | 0.20% | |
| Peer median | 0.21% |
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 $227M at the end of plan year 2023 to $257M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 14,105 | $257M | $3.9M | $605 | 0.20% | Not published | Form 5500 ↗ |
| 2023 | 15,452 | $227M | $3.3M | $508 | 0.23% | Not published | Form 5500 ↗ |
Other Sky Chefs plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
The Retirement Benefit Plan of Sky Chefs for Employees Represented by Unite Here
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.
| Independent auditor | Green Hasson & Janks LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
The Retirement Benefit Plan for Sky Chefs for Officer, Management & Specialist and Non-Management, Non-Union Personnel
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.
| Independent auditor | Green Hasson & Janks LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Common questions
Does Sky Chefs match 401(k) contributions?
The match terms for the Sky Chefs, Inc. Moneysmart 401k Savings and Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $3.9M in employer contributions, about $605 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Sky Chefs 401(k) match vested?
The vesting schedule for the Sky Chefs, Inc. Moneysmart 401k Savings and Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Sky Chefs 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Merrill Lynch, Pierce, Fenner and S. The plan administrator is Sky Chefs, Inc..
I left Sky Chefs. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Sky Chefs, Inc., (469) 599-1149) or the recordkeeper, Merrill Lynch, Pierce, Fenner and S. The Sky Chefs old 401(k) page lists the contacts from every plan filing. Find an old Sky Chefs 401(k)
Data from the public Form 5500 annual reports Sky Chefs filed with the U.S. Department of Labor (plan years 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 Sky Chefs. Not financial advice. Report a correction · Methodology