Plan Snapshot
- Plan Sponsor: Skywest, INC.
- Sponsor EIN: 870292166
- Sponsor Address: 444 SOUTH RIVER RD., ST. GEORGE, UT, 84790
- Plan Type: 401(k)
- Total Participants: 15,517
- Total Assets: $1.4B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 15,517 | $1.4B | $64.6M | $77.0M |
| 2023 | 14,131 | $1.2B | $59.5M | $70.6M |
| 2022 | 14,409 | $951.7M | $47.0M | $64.8M |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INC | Recordkeeper | $476,703 | — | $476,703 |
| SOLTIS INVESTMENT ADVISORS | Investment Advisor | $45,000 | — | $45,000 |
| FISHER INVESTMENTS | Recordkeeper | $32,160 | — | $32,160 |
| TANNER LLC | Auditor | $29,504 | — | $29,504 |
| CIOVACCO CAPITAL MANAGEMENT | Other Service Provider | $21,930 | — | $21,930 |
| ELITE WEALTH MANAGEMENT LLC | Other Service Provider | $17,861 | — | $17,861 |
| ENVESTNET ASSET MANAGEMENT INC | Other Service Provider | $15,774 | — | $15,774 |
| MOUNTAIN CAPITAL INVESTMENT AD | Other Service Provider | $12,503 | — | $12,503 |
| CHARLES SCHWAB & CO., INC. | Recordkeeper | $11,316 | — | $11,316 |
| SOLTIS INVESTMENT ADVISORS LLC | Investment Advisor | $9,503 | — | $9,503 |
| SAINT FRANCIS CAPITAL LLC | Other Service Provider | $7,769 | — | $7,769 |
| TOWNSQUARE CAPITAL LLC | Other Service Provider | $7,639 | — | $7,639 |
| DIVERSIFY WEALTH MANAGEMENT LL | Other Service Provider | $6,939 | — | $6,939 |
| IGNITE PLANNERS LLC | Other Service Provider | $6,606 | — | $6,606 |
| MORNINGSTAR INVESTMENT SERVICE | Other Service Provider | $6,322 | — | $6,322 |
| FLEXIBLE PLAN INVESTMENTS LTD | Other Service Provider | $5,895 | — | $5,895 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — Recordkeeper
- SOLTIS INVESTMENT ADVISORS — Investment Advisor
- FISHER INVESTMENTS — Recordkeeper
- TANNER LLC — Auditor
- CHARLES SCHWAB & CO., INC. — Recordkeeper
- SOLTIS INVESTMENT ADVISORS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $713,424
- Estimated Expense Ratio: 0.050% 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 | $732,403 | $225,964 | — | $29,557 | — |
| 2023 | $664,877 | $149,053 | $32,288 | — | — |
| 2022 | $639,214 | $121,642 | — | — | $28,649 |