Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

SWANSON INDUSTRIES, INC. PENSION PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

SWANSON INDUSTRIES, INC.

This Defined Benefit (Pension) plan holds $8M in total assets and serves 75 participants as of 2022. It is sponsored by SWANSON INDUSTRIES, INC. in West Virginia. The plan reported positive net income of $60K for the year.

Total Assets (2023)
$8M
Participants
75
Industry
Manufacturing

What the Filing Says About SWANSON INDUSTRIES, INC. PENSION PLAN

SWANSON INDUSTRIES, INC. PENSION PLAN is a Defined Benefit (Pension) retirement plan sponsored by SWANSON INDUSTRIES, INC., headquartered in West Virginia. As of the 2022 Form 5500 filing, the plan reports $8M in total end-of-year assets and covers 75 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 550770512, and the plan has been effective since 1988-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $8M at the beginning of 2022 to $8M at year-end — a gain of 0.7%. Net assets (after liabilities) closed the year at $8M, with reported net income of $60K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$8M
Total Assets (End of Year)$8M
Net Assets (End of Year)$8M
Net Income$60K
Plan TypeDefined Benefit (Pension)
Employer EIN550770512
Plan Effective Date1988-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (SWANSON INDUSTRIES, INC.)

Year Plans Participants Total Assets
2022 2 210 $26M
2023 2 219 $29M
2024 1 172 $25M

Nearby Defined Benefit (Pension) Plans in West Virginia

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the SWANSON INDUSTRIES, INC. PENSION PLAN?
As of the 2022 Form 5500 filing, SWANSON INDUSTRIES, INC. PENSION PLAN holds $8M in total assets with 75 participants. It is sponsored by SWANSON INDUSTRIES, INC..
What type of plan is SWANSON INDUSTRIES, INC. PENSION PLAN?
SWANSON INDUSTRIES, INC. PENSION PLAN is a Defined Benefit (Pension) plan. It has been effective since 1988-07-01. The plan is filed with the U.S. Department of Labor under EIN 550770512.
Who sponsors the SWANSON INDUSTRIES, INC. PENSION PLAN?
SWANSON INDUSTRIES, INC. PENSION PLAN is sponsored by SWANSON INDUSTRIES, INC., located in West Virginia. The sponsor's EIN is 550770512 and the plan operates in the Manufacturing industry.
How did SWANSON INDUSTRIES, INC. PENSION PLAN perform in 2022?
SWANSON INDUSTRIES, INC. PENSION PLAN grew by 0.7% during 2022, moving from $8M to $8M in total assets. Net income was $60K.
Where can I find official filings for SWANSON INDUSTRIES, INC. PENSION PLAN?
Official Form 5500 filings for SWANSON INDUSTRIES, INC. PENSION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 550770512 or plan name at efast.dol.gov.
How does SWANSON INDUSTRIES, INC. PENSION PLAN compare to other plans?
You can compare SWANSON INDUSTRIES, INC. PENSION PLAN against other Defined Benefit (Pension) plans on the plan type page, or view plans in West Virginia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 550770512.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.