2023 Form 5500 filing — Skywater Technology Foundry, 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 20241017154421NAL0016473747001) for Skywater Technology Foundry, Inc. 401(K) Plan, reported by Skywater Technology Foundry, Inc. under EIN 81-4306229 and plan number 001. It reports 844 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)$42.6MReported net assets$42,583,139
Participants844
Provider compensation$61.4K2 Schedule C row(s)$61,424
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241017154421NAL0016473747001
Plan sponsor
Skywater Technology Foundry, Inc.
EIN
81-4306229
Plan number
001
Location
Bloomington, MN
Received date
not reported in the loaded dataset
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)$42.6M total assets
Net assets$42.6MLiabilities$0
Money in vs. money out
Total income / additions$15.9M
Total expenses$2.5M
Benefits paid / distributions$2.5M
Contributions
Employer$2M
Participant$6.7M
Full reported line items
Total assets (EOY)
$42,583,139
Total liabilities (EOY)
$0
Net assets (EOY)
$42,583,139
Employer contributions
$2,016,600
Participant contributions
$6,658,545
Total income / additions
$15,889,336
Benefits paid
$2,467,683
Administrative expenses
$74,203
Total expenses
$2,541,886
Net increase / (decrease)
$13,347,450

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Hays Financial Group LLCNONE$38,397not reported in the loaded dataset
T Rowe Price Rps IncNONE$23,027$0

Related Form 5500 pages