401(k) · DOL Form 5500 · 2024

Skywater Technology Foundry, Inc. 401(k) Plan

Data updated 2026-08-25

$53M
Total assets Below avg plan size
719
Participants Below avg headcount
85th
Percentile by assets National rank
$74,072
Avg per participant Below avg 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

$53M in assets, 719 participants

Skywater Technology Foundry, Inc.'s Skywater Technology Foundry, Inc. 401(k) Plan reported $53M in total assets and 719 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #13,930 in Manufacturing (17,777 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, $53M for 719 participants (~$74,072/participant), up 25.1% in 2024.

#13,930
in Manufacturing (17,777 peers)
+25.1%
assets growth YoY
0.5×
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 2024 · DOL Form 5500

$53,258,125 Top 15% higher than 85% of 123,620 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 2024

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

Plan-year 2024 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 (719 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Skywater Technology Foundry, Inc. 401(k) Plan end-of-year assets rose from $43M in the plan year 2023 filing to $53M in the plan year 2024 filing.
  • Skywater Technology Foundry, Inc. 401(k) Plan reported net income fell from $13M in the plan year 2023 filing to $11M in the plan year 2024 filing.
  • Skywater Technology Foundry, Inc. 401(k) Plan reported participants rose from 682 in the plan year 2023 filing to 719 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 814306229 · Skywater Technology Foundry, Inc. PY 2024 · 401(k)

Skywater Technology Foundry, Inc. 401(k) Plan · $53M · 719 · 85th

  • VS-ST $53M
  • VS-ST 719
  • VS-ST 85th
  • VS-ST 401(k)
  • VS-ST near Clancy & Theys Construction Company 401(k) Profit Sharing Plan
  • VS-ST ind #13930

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

Khs USA, Inc. Profit Sharing PlanKhs USA, Inc. Profit Sharing…$53MSkywater Technology Foundry, Inc. 401(k) PlanSkywater Technology Foundry,…$53MClancy & Theys Construction Company 401(k) Profit Sharing PlanClancy & Theys Construction …$53MU.S. Foot and Ankle Specialists 401(k) PlanU.S. Foot and Ankle Speciali…$53MCross River Bank 401(k) Plan$53M
End-of-year total assets ($M) among Skywater Technology Foundry, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$43M
Net Assets (End of Year)$53M
Net Income$11M
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 -20020406080 Total assets ($B) Participants Skywater Technology Foundry, Inc. 401(k) Plan, Total assets ($B): 0.053258125 · Participants: 719Skywater Technology Foundry, Inc. 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.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 Clancy & Theys Construction Company 401(k) Profit Sharing Plan in NC ($53M); by covered participants it is Disa Global Solutions 401(k) Plan in TX (719 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (719 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Skywater Technology Foundry, Inc. 401(k) Plan grew sharply - up 25.1% during 2024, from $43M to $53M. Reported net income was $11M.
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 85th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Clancy & Theys Construction Company 401(k) Profit Sharing Plan in NC ($53M, 437 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 Disa Global Solutions 401(k) Plan in TX (719 participants, $51M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.