Skyway Precision 401(k) match, vesting and fees
What Skyway Precision'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 | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Plante & Moran PLLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 58,980 defined-contribution plans in manufacturing with fewer than 100 participants.
| Skyway Precision: employer contribution per participant | $1,344 | |
| Peer median | $1,774 |
| Skyway Precision: average balance | $92,425 | |
| Peer median | $61,061 |
| Skyway Precision: admin expenses ÷ assets | 0.37% | |
| Peer median | 0.43% |
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 $8.4M at the end of plan year 2021 to $8.3M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 241 | $8.3M | $121K | $1,344 | 0.37% | Not published | Form 5500 ↗ |
| 2023 | 192 | $8.7M | $160K | $1,589 | 0.40% | Not published | Form 5500 ↗ |
| 2022 | 194 | $7.4M | $147K | $1,465 | 0.37% | Not published | Form 5500 ↗ |
| 2021 | 188 | $8.4M | $133K | $1,340 | 0.56% | Not published | Form 5500 ↗ |
Common questions
Does Skyway Precision match 401(k) contributions?
The match terms for the Skyway Precision Inc. 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $121K in employer contributions, about $1,344 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Skyway Precision 401(k) match vested?
The vesting schedule for the Skyway Precision Inc. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Skyway Precision 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Skyway Precision Inc..
I left Skyway Precision. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Skyway Precision Inc., (734) 454-3550) or the recordkeeper, Fidelity Investments Institutional. The Skyway Precision old 401(k) page lists the contacts from every plan filing. Find an old Skyway Precision 401(k)
Data from the public Form 5500 annual reports Skyway Precision 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 Skyway Precision. Not financial advice. Report a correction · Methodology