Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

Swm Retirement Savings Plan II

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

Sponsored by Mativ Holdings, Inc. ยท Georgia ยท Management of Enterprises

What the 2023 filing shows

Swm Retirement Savings Plan II holds $486M for 1,073 participants - about $453,142 per participant, up 551.6% over the 2023 plan year.

$486M
total plan assets (2023 EOY)
1,073
covered participants
$453,142
avg assets per participant
+551.6%
assets growth YoY
Total Assets (2023)
$486M
Participants
1,073
State
Industry
Management of Enterprises

What the Filing Says About Swm Retirement Savings Plan II

Swm Retirement Savings Plan II is a Profit Sharing retirement plan sponsored by Mativ Holdings, Inc., headquartered in Georgia. As of the 2023 Form 5500 filing, the plan reports $486M in total end-of-year assets and covers 1,073 participants across the Management of Enterprises industry. The sponsor's EIN on file with the U.S. Department of Labor is 621612879, and the plan has been effective since 1979-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $75M at the beginning of 2023 to $486M at year-end โ€” a gain of 551.6%. Net assets (after liabilities) closed the year at $486M, with reported net income of $6M 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 โ€” 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)$75M
Total Assets (End of Year)$486M
Net Assets (End of Year)$486M
Net Income$6M
Plan TypeProfit Sharing
Employer EIN621612879
Plan Effective Date1979-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mativ Holdings, Inc.)

Year Plans Participants Total Assets
2022 3 1,674 $528M
2023 3 2,458 $843M
2024 2 4,280 $850M

Nearby Profit Sharing Plans in Georgia

Peer Profit Sharing plans โ€” same state, same plan type โ€” ranked by total assets.

Frequently Asked Questions

How much money is in the Swm Retirement Savings Plan II?
As of the 2023 Form 5500 filing, Swm Retirement Savings Plan II holds $486M in total assets with 1,073 participants. It is sponsored by Mativ Holdings, Inc..
What type of plan is Swm Retirement Savings Plan II?
Swm Retirement Savings Plan II is a Profit Sharing plan. It has been effective since 1979-10-01. The plan is filed with the U.S. Department of Labor under EIN 621612879.
Who sponsors the Swm Retirement Savings Plan II?
Swm Retirement Savings Plan II is sponsored by Mativ Holdings, Inc., located in Georgia. The sponsor's EIN is 621612879 and the plan operates in the Management of Enterprises industry.
How did Swm Retirement Savings Plan II perform in 2023?
Swm Retirement Savings Plan II grew by 551.6% during 2023, moving from $75M to $486M in total assets. Net income was $6M.
Where can I find official filings for Swm Retirement Savings Plan II?
Official Form 5500 filings for Swm Retirement Savings Plan II are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 621612879 or plan name at efast.dol.gov.
How does Swm Retirement Savings Plan II compare to other plans?
You can compare Swm Retirement Savings Plan II against other Profit Sharing plans on the plan type page, or view plans in Georgia 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 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) โ€” original filing retrieval by EIN 621612879.

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

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

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.