Employers › Skywest
Recordkeeping fees per participant · Skywest, Inc. Employees' Retirement Plan · plan year 2024
$37.40
Higher than 57% of the 790 plans over $1B that report it.
= $476,882 / 12,750
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251106093315NAL0012041201001, received 2025-11-06
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251106093315NAL0012041201001, received 2025-11-06
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-11-06.
Administrative expenses excluding investment management, per participant
$39.72
Higher than 41% of the 1,045 plans over $1B that report it.
= $506,439 / 12,750
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251106093315NAL0012041201001, received 2025-11-06
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251106093315NAL0012041201001, received 2025-11-06
Administrative expenses per participant
$57.44
Higher than 39% of the 1,076 plans over $1B that report it.
= $732,403 / 12,750
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251106093315NAL0012041201001, received 2025-11-06
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251106093315NAL0012041201001, received 2025-11-06
Administrative expenses as a share of assets
0.052%
Higher than 56% of the 1,076 plans over $1B that report it.
= $732,403 / $1,420,052,359
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251106093315NAL0012041201001, received 2025-11-06
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251106093315NAL0012041201001, received 2025-11-06
Employer contributions per participant
$5,064
Higher than 69% of the 1,135 plans over $1B that report it.
= $64,560,391 / 12,750
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251106093315NAL0012041201001, received 2025-11-06
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251106093315NAL0012041201001, received 2025-11-06
Employer share of total contributions
44.1%
Higher than 83% of the 1,135 plans over $1B that report it.
= $64,560,391 / $146,531,725
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251106093315NAL0012041201001, received 2025-11-06
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251106093315NAL0012041201001, received 2025-11-06
Employer match
“During 2025, the Company matched 100% of each eligible participant’s salary deferral contribution up to levels ranging from 2% to 12% of compensation, based on position and years of service.”
Form 11-K filed 2026-06-05, for the year ended 2025-12-31 · plan description note, contributions · source document
Vesting
“Participants are immediately vested 100% in their account balances, with the exception of SAPA pilots and SWC first officers hired after October 1, 2022 and mechanics hired after August 26, 2023, who have a three-year service requirement before they are vested in the Company matching contribution.”
Form 11-K filed 2026-06-05, for the year ended 2025-12-31 · plan description note, vesting · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251106093315NAL0012041201001, received 2025-11-06
| Field | Value | Source |
|---|---|---|
| Plan sponsor | SKYWEST, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Plan name | SKYWEST, INC. EMPLOYEES' RETIREMENT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Sponsor EIN / plan number | 87-0292166 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Sponsor location | ST. GEORGE, UT | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Industry (business code) | 481000, Transportation and warehousing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Filing received | 2025-11-06 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Amended filing | yes | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Participants, beginning of year | 17,960 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Active participants | 15,517 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Participants, end of year | 18,854 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Participants with an account balance | 12,750 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Total assets, beginning of year | $1,192,769,515 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Total assets, end of year | $1,420,052,359 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Net assets, end of year | $1,420,052,359 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Total income | $338,953,658 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Net income | $227,282,844 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Employer contributions | $64,560,391 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Participant contributions | $77,037,248 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Other contributions (incl. rollovers) | $4,934,086 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Total contributions | $146,531,725 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Benefit payments | $110,773,485 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Total expenses (incl. benefit payments) | $111,670,814 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Total administrative expenses | $732,403 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Recordkeeping fees | $476,882 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| IQPA audit fees | $29,557 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Investment advisory and management fees | $225,964 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Administrative expenses excluding investment management | $506,439 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Held in common/collective trusts | $634,099,023 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Held in mutual funds | $608,843,092 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251106093315NAL0012041201001, received 2025-11-06 |
| Independent auditor | WEAVER AND TIDWELL LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251106093315NAL0012041201001, received 2025-11-06 |
Position = column in the DOL layout for form year 2024. Filing 20251106093315NAL0012041201001, received 2025-11-06.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INCrecordkeeper | NONE | 15 Recordkeeping and information management; 50 Direct payment from the plan; 64 Recordkeeping fees | $476,703 | no |
| SOLTIS INVESTMENT ADVISORS | NONE | 28 Investment management; 50 Direct payment from the plan | $45,000 | no |
| FISHER INVESTMENTS | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $32,160 | no |
| TANNER LLC | NONE | 10 Accounting (including auditing); 50 Direct payment from the plan | $29,504 | no |
| CIOVACCO CAPITAL MANAGEMENT | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $21,930 | no |
| ELITE WEALTH MANAGEMENT LLC | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $17,861 | no |
| ENVESTNET ASSET MANAGEMENT INC | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $15,774 | no |
| MOUNTAIN CAPITAL INVESTMENT AD | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $12,503 | no |
| CHARLES SCHWAB & CO., INC. | NONE | 33 Securities brokerage; 50 Direct payment from the plan; 62 Float revenue; 71 Securities brokerage commissions and fees; 72 Other investment fees and expenses; 59 Shareholder servicing fees | $11,316 | yes |
| SOLTIS INVESTMENT ADVISORS LLC | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $9,503 | no |
| SAINT FRANCIS CAPITAL LLC | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $7,769 | no |
| TOWNSQUARE CAPITAL LLC | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $7,639 | no |
| DIVERSIFY WEALTH MANAGEMENT LL | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $6,939 | no |
| IGNITE PLANNERS LLC | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $6,606 | no |
| MORNINGSTAR INVESTMENT SERVICE | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $6,322 | no |
| FLEXIBLE PLAN INVESTMENTS LTD | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $5,895 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251106093315NAL0012041201001, received 2025-11-06.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $1,192,769,515 | $1,420,052,359 | 19.1% |
| Participants with a balance | 11,968 | 12,750 | 6.5% |
| Administrative expenses | $664,877 | $732,403 | 10.2% |
| Recordkeeping fees per participant | $40.40 | $37.40 | -7.4% |
| Employer contributions | $59,544,807 | $64,560,391 | 8.4% |
Prior filing 20240617153515NAL0001072307001, received 2024-06-17; the plan years are contiguous.
Sponsor name as filed: SKYWEST, INC.; SEC registrant: SKYWEST INC (CIK 793733, matched by EIN; display name from the Form 11-K cover).