401(k) · DOL Form 5500 · 2023

Swedish Match North America LLC 401(k) Plan

Data updated 2026-08-11

$90M
Total assets
675
Participants
91st
Percentile by assets
$133,229
Avg per participant
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Official DOL plan name: Employee Retirement Savings Plan · Sponsored by Swedish Match North America LLC · Virginia · Manufacturing

$90M in assets, 675 participants

Swedish Match North America LLC's Employee Retirement Savings Plan reported $90M in total assets and 675 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 127,072 plans)
  • #16,064 in Manufacturing (18,722 peers)

Where Employee Retirement Savings Plan sits by assets

Employee Retirement Savings Plan sits in the top 10% of all filed plans by assets, $90M for 675 participants (~$133,229/participant), up 30.0% in 2023.

$90M
total plan assets (2023 EOY)
675
covered participants
91st
percentile by assets (of 127,072 plans)
$133,229
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Employee Retirement Savings Plan reported net income rose from -$6M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Employee Retirement Savings Plan end-of-year assets rose from $69M in the plan year 2022 filing to $90M in the plan year 2023 filing.
  • Employee Retirement Savings Plan reported participants rose from 573 in the plan year 2022 filing to 675 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Employee Retirement Savings Plan vs the 2023 asset distribution

By assets, Employee Retirement Savings Plan outranks 91% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$69M
Net Assets (End of Year)$90M
Net Income$21M
Employer EIN621257378
Plan Effective Date1982-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Swedish Match North America LLC)

$400M$450M$500M$550M 202220232024 $452M $537M ▲ +18.8%
Total plan assets by year, all Swedish Match North America LLC plans on file
Year Plans Participants Total Assets
2022 5 1,983 $452M
2023 5 2,197 $502M
2024 5 2,446 $537M

Nearby 401(k) Plans in Virginia

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

Employee Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Employee Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Employee Retirement …Northrop Grumman Sav…401(k) Pension PlanGeneral Dynamics Cor…Leidos, Inc. Retirem…Bae Systems Employee…
Employee Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Employee Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Employee Retirement Savings Plan assets move in 2023?
Employee Retirement Savings Plan grew sharply - up 30.0% during 2023, from $69M to $90M. Reported net income was $21M.
How have Swedish Match North America LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Swedish Match North America LLC's sponsor-wide assets grew 18.8%, from $452M to $537M.
Where does Employee Retirement Savings Plan rank by assets among Form 5500 filers?
Employee Retirement Savings Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Employee Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Dayton Superior Corporation Savings Plan in OH ($90M, 1,093 participants).

Next read for Employee Retirement Savings Plan

Scale reading

Ways to act on Employee Retirement Savings Plan's numbers.

  • By total assets, Employee Retirement Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Virginia. Compare plans
  • Swedish Match North America LLC's sponsor-wide assets have grown 18.8% since 2022 across 3 plan years on file. More Manufacturing plans