Plan Snapshot
- Plan Sponsor: Skyward Service Group
- Sponsor EIN: 455463484
- Sponsor Address: 800 GESSNER ROAD, HOUSTON, TX, 77024
- Plan Type: 401(k)
- Total Participants: 584
- Total Assets: $54.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 584 | $54.9M | $3.5M | $5.5M |
| 2023 | 515 | $45.6M | $2.9M | $4.7M |
| 2022 | 448 | $33.9M | $2.4M | $4.0M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER AND S | RECORDKEEPER | $154,450 | — | $154,450 |
| CLARK SCHAEFER HACKETT & CO. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $154,450
- Estimated Expense Ratio: 0.281% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $145,180 | — | — | — | — |
| 2023 | $89,704 | — | — | — | — |
| 2022 | $4,704 | — | — | — | — |