401(k) · DOL Form 5500 · 2023

Switch, Ltd. 401(k) Plan

Data updated 2026-08-25

$53M
Total assets Below avg plan size
833
Participants Near avg headcount
86th
Percentile by assets National rank
$63,863
Avg per participant Low balance/head
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Official DOL plan name: Switch, Ltd. 401(k) Plan · Sponsored by Switch, Ltd. · Nevada · Information & Media

$53M in assets, 833 participants

Switch, Ltd.'s Switch, Ltd. 401(k) Plan reported $53M in total assets and 833 participants in its 2023 DOL Form 5500 filing, ranking in the 86th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #2,275 in Information & Media (2,818 peers)

Where Switch, Ltd. 401(k) Plan sits by assets

Switch, Ltd. 401(k) Plan sits in the top quartile of all filed plans by assets, $53M for 833 participants (~$63,863/participant), up 30.5% in 2023.

#2,275
in Information & Media (2,818 peers)
+30.5%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Switch, Ltd. 401(k) Plan's outsized position by total assets

Switch, Ltd. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$53,197,838 Top 14% higher than 86% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Switch, Ltd. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Switch, Ltd. 401(k) Plan sits mid-pack in the medium band (833 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Switch, Ltd. 401(k) Plan reported net income rose from $67K in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Switch, Ltd. 401(k) Plan end-of-year assets rose from $41M in the plan year 2022 filing to $53M in the plan year 2023 filing.
  • Switch, Ltd. 401(k) Plan reported participants rose from 823 in the plan year 2022 filing to 833 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 510500225 · Switch, Ltd. PY 2023 · 401(k)

Switch, Ltd. 401(k) Plan · $53M · 833 · 86th

  • PART $53M
  • TYPE 833
  • NET 86th
  • BOOK 401(k)
  • VS-ST near Service Express, LLC 401(k) Plan
  • BOY ind #2275

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Information & Media retirement plans → · Plans in Nevada →

Switch, Ltd. 401(k) Plan in the asset neighbourhood

Switch, Ltd. 401(k) Plan$53MService Express, LLC 401(k) PlanService Express, LLC 401(k) …$53MTrident Maritime Systems Retirement Savings PlanTrident Maritime Systems Ret…$53MKitsap Bank 401(k) Profit Sharing PlanKitsap Bank 401(k) Profit Sh…$53MMy Airline 401(k) Retirement PlanMy Airline 401(k) Retirement…$53M
End-of-year total assets ($M) among Switch, Ltd. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$41M
Net Assets (End of Year)$53M
Net Income$12M
Employer EIN510500225
Plan Effective Date2008-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Switch, Ltd.)

Sponsor-wide plan assets over time

All Switch, Ltd. plans reported in each filing year

Latest sponsor-wide plan assets
$65M 59.595287401506894% vs 2022
2024 filing year
$30M$40M$50M$60M$70M 202220232024 $40.8M $65M ▲ +59.6%
Year Plans Participants Total Assets
2022 1 823 $41M
2023 1 833 $53M
2024 1 903 $65M

Nearby 401(k) Plans in Nevada

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Switch, Ltd. 401(k) Plan vs. nearby 401(k) plans in Nevada, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -0.500.511.522.5 Total assets ($B) Participants Switch, Ltd. 401(k) Plan, Total assets ($B): 0.053197838 · Participants: 833Switch, Ltd. 401(k) PlanThe Mgm Resorts 401(k) Savings Plan, Total assets ($B): 2.01117919 · Participants: 28142The Mgm Resorts 401(k) Savings PlanCaesars Entertainment, Inc 401(k) Plan, Total assets ($B): 1.82487518 · Participants: 29628Caesars Entertainment, Inc 401(k) PlanBarrick Retirement Plan, Total assets ($B): 1.19282548 · Participants: 6964Barrick Retirement PlanNv Energy 401(k) Plan, Total assets ($B): 0.999258908 · Participants: 2475Nv Energy 401(k) PlanEighth District Electrical Pension Fund Annuity Plan, Total assets ($B): 0.98131609 · Participants: 20426Eighth District Electrical Pension Fund Annuity Plan
Switch, Ltd. 401(k) Plan vs. nearby 401(k) plans in Nevada, assets vs. participants
Compare Switch, Ltd. 401(k) Plan side-by-side with 3 peers →

Switch, Ltd. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Nevada, the nearest 401(k) by assets is Service Express, LLC 401(k) Plan in MI ($53M); by covered participants it is Altorfer Retirement Plan in IA (833 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($53M here).

Similar participant headcount

Nearest other-state filings by covered participants (833 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Switch, Ltd. 401(k) Plan assets move in 2023? ▼
Switch, Ltd. 401(k) Plan surged - up 30.5% during 2023, from $41M to $53M. Reported net income was $12M.
How have Switch, Ltd. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Switch, Ltd.'s sponsor-wide assets grew 59.6%, from $41M to $65M.
Where does Switch, Ltd. 401(k) Plan rank by assets among Form 5500 filers? ▼
Switch, Ltd. 401(k) Plan ranks in the 86th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Switch, Ltd. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Service Express, LLC 401(k) Plan in MI ($53M, 681 participants).
Which 401(k) plans cover a similar participant headcount to Switch, Ltd. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Altorfer Retirement Plan in IA (833 participants, $145M in assets).

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) - original filing retrieval by EIN 510500225.

Read our methodology - how this data is sourced, computed, and verified.

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