Skywater Technology Foundry, Inc. 401(k) Plan: Login, Facts & Contact Information

Skywater Technology Foundry, Inc. 401(k) Plan Facts

Plan name
SKYWATER TECHNOLOGY FOUNDRY, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SKYWATER TECHNOLOGY FOUNDRY, INC.
Participants
929 (699 active employees)
Former employees with a balance
182
Plan assets
$53,258,125 at Dec 31, 2024
Average account balance
$61,006 across 873 accounts
Employer contributions
$2,035,474 in plan year 2024 (20% of all contributions)
Recordkeeper
T Rowe Price Rps Inc
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Apr 1, 2017
✓ 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 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 13, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $10.4 million went into the plan in contributions, $2.04 million of it from the employer (20%).
  • $5.46 million was paid out to participants.
  • Investment and other income added $5.87 million.
  • Administrative expenses were $157,310, about $180 per account.

How the Skywater Technology Foundry, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019472$10.7 million$928,159$141,682
2020539$19.3 million$1.00 million$621,402
2021564$28.9 million$1.23 million$848,012
2022723$29.2 million$1.54 million$2.29 million
2023844$42.6 million$2.02 million$2.47 million
2024929$53.3 million$2.04 million$5.46 million

Skywater Technology Foundry, Inc. 401(k) Contact Information

Phone
952-851-5200
Mailing address
2401 EAST 86TH STREET, BLOOMINGTON MN 554252704
Plan sponsor
SKYWATER TECHNOLOGY FOUNDRY, INC.
Employer identification number (EIN)
81-4306229
Plan number
001

Questions about the Skywater Technology Foundry, Inc. 401(k)

Does Skywater Technology Foundry, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.04 million, 20% of all contributions.

Does the Skywater Technology Foundry, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Skywater Technology Foundry, Inc 401(k) plan?

929 participants at the start of plan year 2024, 699 of them active employees, and 182 former employees who still had money in the plan.

What is the average 401(k) balance at Skywater Technology Foundry, Inc?

About $61,006 per account: $53.3 million in plan assets across 873 accounts with a balance at the end of plan year 2024.

Who manages the Skywater Technology Foundry, Inc 401(k) accounts?

T. Rowe Price (listed on the filing as T ROWE PRICE RPS INC) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Skywater Technology Foundry, Inc. How do I access my 401(k)?

Your account stays with T. Rowe Price 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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