Plan Ledger DOL Form 5500 · updated monthly

Skyview Cooling Company401(k)

SKYVIEW COOLING COMPANY 401(K) PROFIT SHARING PLAN · YUMA, AZ · plan year 2024

Reported admin expense ratio · 2024
0.52%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Skyview Cooling Company reported $87,196 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $625 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.57% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 399th-largest of 1,285 plans among Arizona employers on file, and the 282nd of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.96 for every $1.00 the employer contributed; active participation has grown from 574 to 707 since 2022.

Plan summary
Net assets, end of year$17,699,326
Participants with balances169
Active participants707
Employer contributions$441,920
Employee contributions$868,005
Employer contribution per active participant$625
Average account balance$104,730
Benefits paid to participants$1,321,283
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.7M · 169 accts · $442K emplr
2023$16.0M · 169 accts · $447K emplr
2022$13.5M · 178 accts · $437K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,765
Investment management$39,671
Total administrative$87,196
The Skyview Cooling Company 401(k) match · 2024
Employer contribution per active participant$625
Median for plans this size$2,416
2024$625 per active participant
2023$801 per active participant
2022$762 per active participant

Skyview Cooling Company's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
JOHN HANCOCK LIFE INSURANCE CO USA · Recordkeeping · Investment management$3,778
EDWARD D. JONES & CO. L.P. · Investment advisory (participants)$36,307
WILSHIRE ASSOCIATES INC (USA) · Investment advisory (participants)$3,364

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$87,196 · 0.52%
2023$88,657 · 0.60%
2022$82,886 · 0.57%
Same employer
Similar plansAgriculture, Forestry & Fishing · Arizona
Kenyon Companies, Inc. AZ$35.7M · 0.24%
Ak-Chin Indian Community AZ$15.2M · 0.18%
Hickmans Egg Ranch, Inc. AZ$11.8M · 0.49%
Pasquinelli Produce Co. AZ$10.3M · 1.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 840600609 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.