401(k) · DOL Form 5500 · 2023

Swift - Society for Worldwide Interbank Financial Telecommunication, I 401(k) Plan

Data updated 2026-08-25

$262M
Total assets Near avg plan size
697
Participants Below avg headcount
96th
Percentile by assets National rank
$375,676
Avg per participant High balance/head
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Official DOL plan name: Swift 401(k) Savings Plan · Sponsored by Swift - Society for Worldwide Interbank Financial Telecommunication, I · Virginia · Information & Media

$262M in assets, 697 participants

Swift - Society for Worldwide Interbank Financial Telecommunication, I's Swift 401(k) Savings Plan reported $262M in total assets and 697 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #2,630 in Information & Media (2,818 peers)

Where Swift 401(k) Savings Plan sits by assets

Swift 401(k) Savings Plan sits in the top 5% of all filed plans by assets, $262M for 697 participants (~$375,676/participant), up 15.3% in 2023.

#2,630
in Information & Media (2,818 peers)
+15.3%
assets growth YoY
2.6×
vs typical plan assets (national mean)

Swift 401(k) Savings Plan's outsized position by total assets

Swift 401(k) Savings Plan vs every filed plan by assets

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

$261,846,147 Top 4% higher than 96% 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

Swift 401(k) Savings 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. Swift 401(k) Savings Plan sits mid-pack in the medium band (697 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Swift 401(k) Savings Plan reported net income rose from -$48M in the plan year 2022 filing to $35M in the plan year 2023 filing.
  • Swift 401(k) Savings Plan end-of-year assets rose from $227M in the plan year 2022 filing to $262M in the plan year 2023 filing.
  • Swift 401(k) Savings Plan reported participants fell from 718 in the plan year 2022 filing to 697 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 541106980 · Swift - Society for Worldwide Interbank Financial Telecommunication, I PY 2023 · 401(k)

Swift 401(k) Savings Plan · $262M · 697 · 96th

  • 5500 $262M
  • 5500 697
  • 5500 96th
  • 5500 401(k)
  • 5500 near Pscu Incorporated 401(k) Retirement Plan
  • 5500 ind #2630

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 Virginia →

Swift 401(k) Savings Plan in the asset neighbourhood

Gleason Corporation Retirement Savings PlanGleason Corporation Retireme…$262MSwift 401(k) Savings Plan$262MPscu Incorporated 401(k) Retirement PlanPscu Incorporated 401(k) Ret…$262MDatabricks, Inc. 401(k) Plan & TrustDatabricks, Inc. 401(k) Plan…$262MIlitch Holdings 401(k) Plan$262M
End-of-year total assets ($M) among Swift 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$227M
Net Assets (End of Year)$262M
Net Income$35M
Employer EIN541106980
Plan Effective Date1987-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Swift - Society for Worldwide Interbank Financial Telecommunication, I)

Sponsor-wide plan assets over time

All Swift - Society for Worldwide Interbank Financial Telecommunication, I plans reported in each filing year

Latest sponsor-wide plan assets
$507M 17.872776962787388% vs 2022
2024 filing year
$400M$450M$500M$550M 202220232024 $430M $507M ▲ +17.9%
Year Plans Participants Total Assets
2022 2 952 $430M
2023 2 911 $487M
2024 2 919 $507M

Nearby 401(k) Plans in Virginia

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

Swift 401(k) Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Swift 401(k) Savings Plan, Total assets ($B): 0.261846147 · Participants: 697Swift 401(k) Savings PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Swift 401(k) Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Swift 401(k) Savings Plan side-by-side with 3 peers →

Swift 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Pscu Incorporated 401(k) Retirement Plan in FL ($262M); by covered participants it is Open Arms Care Corporation Retirement Plan in TN (697 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($262M here).

Similar participant headcount

Nearest other-state filings by covered participants (697 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 Swift 401(k) Savings Plan assets move in 2023? ▼
Swift 401(k) Savings Plan grew sharply - up 15.3% during 2023, from $227M to $262M. Reported net income was $35M.
How have Swift - Society for Worldwide Interbank Financial Telecommunication, I plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Swift - Society for Worldwide Interbank Financial Telecommunication, I's sponsor-wide assets grew 17.9%, from $430M to $507M.
Where does Swift 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Swift 401(k) Savings Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Swift 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Pscu Incorporated 401(k) Retirement Plan in FL ($262M, 3,308 participants).
Which 401(k) plans cover a similar participant headcount to Swift 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Open Arms Care Corporation Retirement Plan in TN (697 participants, $8M 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 541106980.

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.