Plan Ledger DOL Form 5500 · updated monthly

Skywest, Inc.401(k)

SKYWEST, INC. EMPLOYEES' RETIREMENT PLAN · ST. GEORGE, UT · plan year 2025

Reported admin expense ratio · 2025
0.06%

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

Skywest, Inc. reported $866,413 in plan administrative expenses for 2025: 0.06% of average plan assets, above the peer median. Employer contributions averaged $4,203 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 3 years on file its reported administrative ratio fell from 0.059% to 0.056%. The plan sits in the over $1B size bracket, benchmarked here against 141 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 4th-largest of 848 plans among Utah employers on file, and the 23rd of 2,677 in transportation & warehousing. In 2025, employees put in $1.28 for every $1.00 the employer contributed; active participation has grown from 14,409 to 16,327 since 2022.

Plan summary
Net assets, end of year$1,678,691,066
Participants with balances13,648
Active participants16,327
Employer contributions$68,625,959
Employee contributions$87,651,447
Employer contribution per active participant$4,203
Average account balance$122,999
Benefits paid to participants$98,466,147
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$1.7B · 13,648 accts · $68.6M emplr
2024$1.4B · 12,750 accts · $64.6M emplr
2023$1.2B · 11,968 accts · $59.5M emplr
2022$951.7M · 11,864 accts · $47.0M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$506,949
Investment management$330,590
Audit (IQPA)$28,874
Total administrative$866,413
The Skywest, Inc. 401(k) match · 2025
Employer contribution per active participant$4,203
Median for plans this size$5,084
2025$4,203 per active participant
2024$4,161 per active participant
2023$4,214 per active participant
2022$3,259 per active participant

Skywest, Inc.'s 2025 employer contribution ran below the $5,084 median for plans its size. 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 202512
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$506,682
SOLTIS INVESTMENT ADVISORS · Investment advisory (participants) · Investment management$56,789
FISHER INVESTMENTS · Investment advisory (participants)$49,905
TOWNSQUARE CAPITAL LLC · Investment advisory (participants)$36,694
WEAVER AND TIDWELL LLP · Accounting / audit$28,875
IGNITE PLANNERS LLC · Investment advisory (participants)$28,581
CIOVACCO CAPITAL MANAGEMENT · Investment advisory (participants)$27,383
MOUNTAIN CAPITAL INVESTMENT AD · Investment advisory (participants)$19,810
ELITE WEALTH MANAGEMENT LLC · Investment advisory (participants)$19,762
CHARLES SCHWAB & CO., INC. · Securities brokerage$17,867
ENVESTNET ASSET MANAGEMENT INC · Investment advisory (participants)$16,904
DIVERSIFY WEALTH MANAGEMENT LL · Investment advisory (participants)$10,365

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

Recordkeeper by year3
2025Charles Schwab
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history4
2025$866,413 · 0.06%
2024$732,403 · 0.06%
2023$664,877 · 0.06%
2022$639,214 · 0.06%
Same employer
Similar plansTransportation & Warehousing · Utah
Reyes Holdings, L.L.C. IL$2.1B · 0.09%
Xpo Cnw, Inc. OR$1.9B · 0.02%
Csx Corporation FL$1.5B · 0.09%
Oneok, Inc. OK$1.4B

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Source: U.S. Department of Labor, Form 5500 series, EIN 870292166 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.