Plan5500

Skyway Precision Inc — Form 5500 filings & benefit plans

Form 5500 plan sponsor 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, Skyway Precision Inc (EIN 38-2042423) is a plan sponsor located in Plymouth, MI with 1 reported benefit plan(s) in the loaded dataset. The latest loaded Form 5500 filing year is 2023.

Company overview (based on loaded 2023 public filings)

EIN
38-2042423
Location
Plymouth, MI
Loaded plans
2
Latest filing year
2023

This is a company / sponsor profile — aggregate totals across all of this employer's loaded plans. Open an individual plan below for its own full financial statement.

What stands out for Skyway Precision Inc

  • 2 loaded plans hold $8.7M in reported assets.
  • The largest, Skyway Precision Inc. 401(K) Plan, holds 100% of this company's reported plan assets.
  • Plans cover 425 reported participants.
  • 1 of 2 plans report full financial statements.
  • 1 report Schedule C provider compensation.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$8.7MSummed across loaded plans$8,704,863
Total reported assets$8.7M$8,704,863
Total reported participants425
Total reported liabilities$0

Reported net position

Reported assets = net assets + liabilities (summed)$8.7M total assets
Net assets$8.7MLiabilities$0
Contributions & income
Employer contributions$160.5K
Participant contributions$593K
Total income / additions$2M
Expenses & distributions
Benefits paid / distributions$733.2K
Total expenses$768.6K
Net increase / (decrease)$1.3M

Data coverage

Plans with financial statements1 / 2 (50%)
Plans with provider compensation1 / 2 (50%)

Totals sum the latest loaded 2023 public Form 5500 filing per plan for this company's plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Computed from loaded plans

Portfolio comparison

Largest plan share of assets100%Skyway Precision Inc. 401(K) Plan
Participants per plan213Average across loaded plans
Loaded plans2
Ranked by reported assets

Largest loaded plans

Bars show each plan's reported end-of-year assets relative to the largest.

  1. 1
    Skyway Precision Inc. 401(K) Plan$8.7M
    Plan #001 · 194 participants · 2023
  2. 2
    Skyway Precision Inc Employee Benefits Plannot reported in the loaded dataset
    Plan #501 · 231 participants · 2023

All loaded plans by assets → · By participants → · With financial statements → · With provider compensation →

EFAST2 filings

Latest loaded filings

Most recent loaded Form 5500 filings for Skyway Precision Inc. Open one for its full reported snapshot.

  1. 2023
    Skyway Precision Inc Employee Benefits Plan231 participants · 2No schedules
    View filing →
  2. 2023
    Skyway Precision Inc Employee Benefits Plan198 participants · 2No schedules
    View filing →
  3. 2023
    Skyway Precision Inc Employee Benefits Plan231 participants · 2No schedules
    View filing →
  4. 2023
    Skyway Precision Inc Employee Benefits Plan106 participants · 2No schedules
    View filing →
  5. 2023
    Skyway Precision Inc. 401(K) Plan194 participants · 2Sch HSch C
    View filing →

What to inspect next

Frequently asked questions

How many benefit plans does Skyway Precision Inc report on Form 5500?
Skyway Precision Inc (EIN 38-2042423) reports 1 benefit plan(s) in the loaded Form 5500 dataset.
What is the EIN for Skyway Precision Inc?
The Employer Identification Number (EIN) reported for Skyway Precision Inc is 38-2042423.
What is the latest Form 5500 filing year for Skyway Precision Inc?
The latest loaded Form 5500 filing year for Skyway Precision Inc is 2023.

Related Form 5500 pages