Plan Snapshot
- Plan Sponsor: Skywest, INC.
- Sponsor EIN: 870292166
- Sponsor Address: 444 SOUTH RIVER RD., ST. GEORGE, UT, 84790
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 19,619
- Total Assets: $1.7B
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. |
|---|---|---|---|---|
| 2025 | 19,619 | $1.7B | $0 | $0 |
| 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 | Other Service Provider | $506,682 | — | $506,682 |
| SOLTIS INVESTMENT ADVISORS | Other Service Provider | $56,789 | — | $56,789 |
| FISHER INVESTMENTS | Other Service Provider | $49,905 | — | $49,905 |
| TOWNSQUARE CAPITAL LLC | Other Service Provider | $36,694 | — | $36,694 |
| WEAVER AND TIDWELL LLP | Other Service Provider | $28,875 | — | $28,875 |
| IGNITE PLANNERS LLC | Other Service Provider | $28,581 | — | $28,581 |
| CIOVACCO CAPITAL MANAGEMENT | Other Service Provider | $27,383 | — | $27,383 |
| MOUNTAIN CAPITAL INVESTMENT AD | Other Service Provider | $19,810 | — | $19,810 |
| ELITE WEALTH MANAGEMENT LLC | Other Service Provider | $19,762 | — | $19,762 |
| CHARLES SCHWAB & CO., INC. | Other Service Provider | $17,867 | — | $17,867 |
| ENVESTNET ASSET MANAGEMENT INC | Other Service Provider | $16,904 | — | $16,904 |
| DIVERSIFY WEALTH MANAGEMENT LL | Other Service Provider | $10,365 | — | $10,365 |
| ASSETMARK INC | Other Service Provider | $7,937 | — | $7,937 |
| MORNINGSTAR INVESTMENT SERVICE | Other Service Provider | $6,785 | — | $6,785 |
| SAINT FRANCIS CAPITAL LLC | Other Service Provider | $5,917 | — | $5,917 |
| NET WORTH ADVISORY GROUP LLC | Other Service Provider | $5,874 | — | $5,874 |
| DELTA INVESTMENT MANAGEMENT LL | Other Service Provider | $5,726 | — | $5,726 |
| FINANCIAL FORUM INC | Other Service Provider | $5,332 | — | $5,332 |
| ENCOMPASS MORE ASSET | Other Service Provider | $5,281 | — | $5,281 |
| CREATIVE PLANNING LLC | Other Service Provider | $5,079 | — | $5,079 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $867,548
- Estimated Expense Ratio: 0.052% 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 |
|---|---|---|---|---|---|
| 2025 | $99,347,527 | $330,590 | — | $28,874 | — |
| 2024 | $732,403 | $225,964 | — | $29,557 | — |
| 2023 | $664,877 | $149,053 | $32,288 | — | — |
| 2022 | $639,214 | $121,642 | — | — | $28,649 |