401(k) · DOL Form 5500 · 2023

Skywater Technology Foundry, Inc. 401(k) Plan

Data updated 2026-08-25

$43M
Total assets Below avg plan size
682
Participants Below avg headcount
84th
Percentile by assets National rank
$62,439
Avg per participant Low balance/head
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Official DOL plan name: Skywater Technology Foundry, Inc. 401(k) Plan · Sponsored by Skywater Technology Foundry, Inc. · Minnesota · Manufacturing

$43M in assets, 682 participants

Skywater Technology Foundry, Inc.'s Skywater Technology Foundry, Inc. 401(k) Plan reported $43M in total assets and 682 participants in its 2023 DOL Form 5500 filing, ranking in the 84th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #14,381 in Manufacturing (18,722 peers)

Where Skywater Technology Foundry, Inc. 401(k) Plan sits by assets

Skywater Technology Foundry, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $43M for 682 participants (~$62,439/participant), up 45.7% in 2023.

#14,381
in Manufacturing (18,722 peers)
+45.7%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Skywater Technology Foundry, Inc. 401(k) Plan's outsized position by total assets

Skywater Technology Foundry, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$42,583,139 Top 16% higher than 84% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Skywater Technology Foundry, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Skywater Technology Foundry, Inc. 401(k) Plan sits mid-pack in the medium band (682 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Skywater Technology Foundry, Inc. 401(k) Plan reported net income rose from $316K in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Skywater Technology Foundry, Inc. 401(k) Plan end-of-year assets rose from $29M in the plan year 2022 filing to $43M in the plan year 2023 filing.
  • Skywater Technology Foundry, Inc. 401(k) Plan reported participants rose from 594 in the plan year 2022 filing to 682 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 814306229 · Skywater Technology Foundry, Inc. PY 2023 · 401(k)

Skywater Technology Foundry, Inc. 401(k) Plan · $43M · 682 · 84th

  • TYPE $43M
  • TYPE 682
  • TYPE 84th
  • TYPE 401(k)
  • TYPE near Bs&a Software 401(k) Profit Sharing Plan
  • TYPE ind #14381

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Minnesota →

Skywater Technology Foundry, Inc. 401(k) Plan in the asset neighbourhood

Anser Advisory LLC 401(k) Retirement PlanAnser Advisory LLC 401(k) Re…$43MMazzetti 401(k) Plan$43MIovance Biotherapeutics, Inc. 401(k) PlanIovance Biotherapeutics, Inc…$43MSkywater Technology Foundry, Inc. 401(k) PlanSkywater Technology Foundry,…$43MBs&a Software 401(k) Profit Sharing PlanBs&a Software 401(k) Profit …$43M
End-of-year total assets ($M) among Skywater Technology Foundry, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$43M
Net Income$13M
Employer EIN814306229
Plan Effective Date2017-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Skywater Technology Foundry, Inc.)

Sponsor-wide plan assets over time

All Skywater Technology Foundry, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$53M 82.168188339943% vs 2022
2024 filing year
$20M$30M$40M$50M$60M 202220232024 $29.2M $53.3M ▲ +82.1%
Year Plans Participants Total Assets
2022 1 594 $29M
2023 1 682 $43M
2024 1 719 $53M

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Skywater Technology Foundry, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Skywater Technology Foundry, Inc. 401(k) Plan, Total assets ($B): 0.042583139 · Participants: 682Skywater Technology Foundry, Inc. 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Skywater Technology Foundry, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Skywater Technology Foundry, Inc. 401(k) Plan side-by-side with 3 peers →

Skywater Technology Foundry, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Bs&a Software 401(k) Profit Sharing Plan in MI ($43M); by covered participants it is Titan Medical Group, LLC 401(k) Plan in NE (682 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($43M here).

Similar participant headcount

Nearest other-state filings by covered participants (682 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Skywater Technology Foundry, Inc. 401(k) Plan assets move in 2023? ▼
Skywater Technology Foundry, Inc. 401(k) Plan surged - up 45.7% during 2023, from $29M to $43M. Reported net income was $13M.
How have Skywater Technology Foundry, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Skywater Technology Foundry, Inc.'s sponsor-wide assets grew 82.2%, from $29M to $53M.
Where does Skywater Technology Foundry, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Skywater Technology Foundry, Inc. 401(k) Plan ranks in the 84th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Skywater Technology Foundry, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bs&a Software 401(k) Profit Sharing Plan in MI ($43M, 178 participants).
Which 401(k) plans cover a similar participant headcount to Skywater Technology Foundry, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Titan Medical Group, LLC 401(k) Plan in NE (682 participants, $7M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 814306229.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.