Skanska Usa Civil, Inc. 401(k) Plan: Login, Facts & Contact Information

Skanska Usa Civil, Inc. 401(k) Plan Facts

Plan name
SKANSKA HOURLY 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SKANSKA USA CIVIL, INC.
Participants
818 (260 active employees)
Former employees with a balance
419
Plan assets
$8,789,714 at Dec 31, 2023
Average account balance
$13,399 across 656 accounts
Employer contributions
$477,192 in plan year 2023 (37% of all contributions)
Recordkeeper
The Vanguard Group, Inc.
Plan year
Jan 1, 2023 – Dec 31, 2023
Plan established
Jan 1, 2007
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2023 (Jan 1, 2023 – Dec 31, 2023), filed Oct 10, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2023

  • $1.29 million went into the plan in contributions, $477,192 of it from the employer (37%).
  • $3.51 million was paid out to participants.
  • Investment and other income added $1.38 million.
  • Administrative expenses were $38,903, about $59 per account.

How the Skanska Usa Civil, Inc. 401(k) changed, 2018–2023

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20181,509$8.95 million$1.73 million$2.38 million
20191,705$12.7 million$1.91 million$3.00 million
20201,621$15.6 million$1.82 million$3.79 million
20211,607$15.0 million$1.45 million$6.28 million
20221,281$9.71 million$886,413$5.46 million
2023818$8.79 million$477,192$3.51 million

Skanska Usa Civil, Inc. 401(k) Contact Information

Phone
757-578-4100
Mailing address
2600 MAITLAND CENTER PARKWAY SUITE 250, MAITLAND FL 32771
Plan sponsor
SKANSKA USA CIVIL, INC.
Employer identification number (EIN)
54-0406660
Plan number
003

Questions about the Skanska Usa Civil, Inc. 401(k)

Does Skanska Usa Civil, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $477,192, 37% of all contributions.

Does the Skanska Usa Civil, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Skanska Usa Civil, Inc 401(k) plan?

818 participants at the start of plan year 2023, 260 of them active employees, and 419 former employees who still had money in the plan.

What is the average 401(k) balance at Skanska Usa Civil, Inc?

About $13,399 per account: $8.79 million in plan assets across 656 accounts with a balance at the end of plan year 2023.

Who manages the Skanska Usa Civil, Inc 401(k) accounts?

Vanguard (listed on the filing as THE VANGUARD GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Skanska Usa Civil, Inc. How do I access my 401(k)?

Your account stays with Vanguard after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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