401(k)
2024 plan-year 401(k) DOL Form 5500

IAERO AIRWAYS 401(K) PLAN

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

SWIFT AIR, LLC DBA IAERO AIRWAYS

This 401(k) plan holds N/A in total assets and serves 683 participants as of 2024. It is sponsored by SWIFT AIR, LLC DBA IAERO AIRWAYS in North Carolina. The plan reported a net loss of $16M for the year.

Total Assets (2023)
N/A
Participants
683
Industry
Transportation & Warehousing

What the Filing Says About IAERO AIRWAYS 401(K) PLAN

IAERO AIRWAYS 401(K) PLAN is a 401(k) retirement plan sponsored by SWIFT AIR, LLC DBA IAERO AIRWAYS, headquartered in North Carolina. As of the 2024 Form 5500 filing, the plan reports N/A in total end-of-year assets and covers 683 participants across the Transportation & Warehousing industry. The sponsor's EIN on file with the U.S. Department of Labor is 831480962, and the plan has been effective since 2016-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $16M at the beginning of 2024 to N/A at year-end. Net assets (after liabilities) closed the year at N/A, with reported net income of $-15,541,790 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.

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 — 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)$16M
Total Assets (End of Year)N/A
Net Assets (End of Year)N/A
Net Income$-15,541,790
Plan Type401(k)
Employer EIN831480962
Plan Effective Date2016-05-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Frequently Asked Questions

How much money is in the IAERO AIRWAYS 401(K) PLAN?
As of the 2024 Form 5500 filing, IAERO AIRWAYS 401(K) PLAN holds N/A in total assets with 683 participants. It is sponsored by SWIFT AIR, LLC DBA IAERO AIRWAYS.
What type of plan is IAERO AIRWAYS 401(K) PLAN?
IAERO AIRWAYS 401(K) PLAN is a 401(k) plan. It has been effective since 2016-05-01. The plan is filed with the U.S. Department of Labor under EIN 831480962.
Who sponsors the IAERO AIRWAYS 401(K) PLAN?
IAERO AIRWAYS 401(K) PLAN is sponsored by SWIFT AIR, LLC DBA IAERO AIRWAYS, located in North Carolina. The sponsor's EIN is 831480962 and the plan operates in the Transportation & Warehousing industry.
How did IAERO AIRWAYS 401(K) PLAN perform in 2024?
IAERO AIRWAYS 401(K) PLAN held N/A in total assets at the end of 2024. Net income was $-15,541,790.
Where can I find official filings for IAERO AIRWAYS 401(K) PLAN?
Official Form 5500 filings for IAERO AIRWAYS 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 831480962 or plan name at efast.dol.gov.
How does IAERO AIRWAYS 401(K) PLAN compare to other plans?
You can compare IAERO AIRWAYS 401(K) PLAN against other 401(k) plans on the plan type page, or view plans in North Carolina 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 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 831480962.

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

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

Data sourced from official public datasets. See our methodology for details.