2023 Form 5500 filing — Skyway Precision Inc. 401(K) Plan

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241011122610NAL0012479523001) for Skyway Precision Inc. 401(K) Plan, reported by Skyway Precision Inc. under EIN 38-2042423 and plan number 001. It reports 194 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$8.7MReported net assets$8,704,863
Participants194
Provider compensation$32.5K2 Schedule C row(s)$32,452
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241011122610NAL0012479523001
Plan sponsor
Skyway Precision Inc.
EIN
38-2042423
Plan number
001
Location
Plymouth, MI
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$8.7M total assets
Net assets$8.7MLiabilities$0
Money in vs. money out
Total income / additions$2M
Total expenses$768.6K
Benefits paid / distributions$733.2K
Contributions
Employer$160.5K
Participant$593K
Full reported line items
Total assets (EOY)
$8,704,863
Total liabilities (EOY)
$0
Net assets (EOY)
$8,704,863
Employer contributions
$160,485
Participant contributions
$593,015
Total income / additions
$2,038,101
Benefits paid
$733,190
Administrative expenses
$32,452
Total expenses
$768,618
Net increase / (decrease)
$1,269,483
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    ADVISOR · Direct $19.5K
  2. 2
    RECORDKEEPER · Direct $13K · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241011122610NAL0012479523001 cover?
It is the 2023 Form 5500 filing for Skyway Precision Inc. 401(K) Plan, reported by Skyway Precision Inc. (EIN 38-2042423).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages