401(k) · DOL Form 5500 · 2023

Swbc Professional Employer Services V, LLC 401(k) Plan

Data updated 2026-08-11

$155M
Total assets
11,002
Participants
94th
Percentile by assets
$14,087
Avg per participant
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Official DOL plan name: Swbc Professional Employer Services 401(k) Plan · Sponsored by Swbc Professional Employer Services V, LLC · Texas · Professional & Technical Services

$155M in assets, 11,002 participants

Swbc Professional Employer Services V, LLC's Swbc Professional Employer Services 401(k) Plan reported $155M in total assets and 11,002 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 127,072 plans)
  • #19,281 in Professional & Technical Services (20,321 peers)

Coverage in Texas

Swbc Professional Employer Services 401(k) Plan covers 11,002 participants in Texas, 16x the typical Texas plan (state average ~688 per filing). Assets: $155M.

$155M
total plan assets (2023 EOY)
11,002
covered participants
94th
percentile by assets (of 127,072 plans)
$14,087
avg assets per participant

Where Swbc Professional Employer Services 401(k) Plan sits by total assets

Swbc Professional Employer Services 401(k) Plan vs every filed plan by assets

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

$154,983,104 Top 6% higher than 94% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Swbc Professional Employer Services 401(k) Plan reported net income rose from -$13M in the plan year 2022 filing to $32M in the plan year 2023 filing.
  • Swbc Professional Employer Services 401(k) Plan end-of-year assets rose from $116M in the plan year 2022 filing to $155M in the plan year 2023 filing.
  • Swbc Professional Employer Services 401(k) Plan reported participants rose from 8,631 in the plan year 2022 filing to 11,002 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Texas
Industry
Professional & Technical Services

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Swbc Professional Employer Services 401(k) Plan reports 11,002 participants - 16x that state average ($155M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$116M
Net Assets (End of Year)$155M
Net Income$32M
Employer EIN273708085
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Swbc Professional Employer Services V, LLC)

$100M$150M$200M$250M 202220232024 $116M $201M ▲ +73.4%
Total plan assets by year, all Swbc Professional Employer Services V, LLC plans on file
Year Plans Participants Total Assets
2022 1 8,631 $116M
2023 1 11,002 $155M
2024 1 13,091 $201M

Nearby 401(k) Plans in Texas

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

Swbc Professional Employer Services 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -1001020304050 Total assets ($B) Participants Swbc Professional Em…, Total assets ($B): 0.154983104 · Participants: 11002Swbc Professional Em…AT&T Retirement Savi…, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savi…Exxonmobil Savings P…, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings P…Caterpillar 401(k) S…, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) S…American Airlines, I…, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, I…Dell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Swbc Professional Employer Services 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Swbc Professional Employer Services 401(… side-by-side with 3 peers →

Scale composition for Swbc Professional Employer Services 401(k) Plan

Swbc Professional Employer Services 401(k) Plan reports $155M in end-of-year assets across 11,002 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $14,087 per participant (10% of the national average assets-per-participant) . Net income for plan year 2023 was $32M.

This plan identity (EIN 273708085, plan #333) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $116M to $201M (+73.4%) while covered participants moved from 8,631 to 13,091 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 8,631 $116M Open filing
2023 11,002 $155M This page
2024 · index core 13,091 $201M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Swbc Professional Employer Services 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Swbc Professional Employer Services 401(k) Plan assets move in 2023? ▼
Swbc Professional Employer Services 401(k) Plan surged - up 33.6% during 2023, from $116M to $155M. Reported net income was $32M.
How have Swbc Professional Employer Services V, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Swbc Professional Employer Services V, LLC's sponsor-wide assets grew 73.4%, from $116M to $201M.
Where does Swbc Professional Employer Services 401(k) Plan rank by assets among Form 5500 filers? ▼
Swbc Professional Employer Services 401(k) Plan ranks in the 94th 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 Swbc Professional Employer Services 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Spiegel & Spiegel PA Money Purchase Pension Plan & 401(k) Profit Sharing Plan in FL ($155M, 15 participants).

Next read for Swbc Professional Employer Services 401(…

Filing takeaways

Ways to act on Swbc Professional Employer Services 401(k) Plan's numbers.

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 273708085.

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.