Skyward Service Group 401(k) match, vesting and fees
What Skyward Service Group'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 | Merrill Lynch, Pierce, Fenner and S | Schedule C ↗ |
| Independent auditor | Clark Schaefer Hackett & Co. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 655 defined-contribution plans in finance and insurance with 500 to 999 participants.
| Skyward Service Group: employer contribution per participant | $5,074 | |
| Peer median | $2,935 |
| Skyward Service Group: average balance | $78,937 | |
| Peer median | $92,770 |
| Skyward Service Group: admin expenses ÷ assets | 0.29% | |
| Peer median | 0.15% |
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 $33.2M at the end of plan year 2021 to $54.9M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 711 | $54.9M | $3.5M | $5,074 | 0.29% | Not published | Form 5500 ↗ |
| 2023 | 639 | $45.6M | $2.9M | $4,607 | 0.23% | Not published | Form 5500 ↗ |
| 2022 | 580 | $33.9M | $2.4M | $4,324 | 0.01% | Not published | Form 5500 ↗ |
| 2021 | 515 | $33.2M | $3.5M | $6,962 | 0.41% | Not published | Form 5500 ↗ |
Common questions
Does Skyward Service Group match 401(k) contributions?
The match terms for the Skyward Speciality Insurance Group 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $3.5M in employer contributions, about $5,074 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Skyward Service Group 401(k) match vested?
The vesting schedule for the Skyward Speciality Insurance Group 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Skyward Service Group 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 Skyward Service Group.
I left Skyward Service Group. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Skyward Service Group, (713) 935-4800) or the recordkeeper, Merrill Lynch, Pierce, Fenner and S. The Skyward Service Group old 401(k) page lists the contacts from every plan filing. Find an old Skyward Service Group 401(k)
Data from the public Form 5500 annual reports Skyward Service Group 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 Skyward Service Group. Not financial advice. Report a correction · Methodology