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

SWIFT 401(K) SAVINGS PLAN

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

SWIFT - SOCIETY FOR WORLDWIDE INTERBANK FINANCIAL TELECOMMUNICATION, I

This 401(k) plan holds $291M in total assets and serves 713 participants as of 2024. It is sponsored by SWIFT - SOCIETY FOR WORLDWIDE INTERBANK FINANCIAL TELECOMMUNICATION, I in Virginia. The plan reported positive net income of $29M for the year.

Total Assets (2023)
$291M
Participants
713
State
Industry
Information & Media

What the Filing Says About SWIFT 401(K) SAVINGS PLAN

SWIFT 401(K) SAVINGS PLAN is a 401(k) retirement plan sponsored by SWIFT - SOCIETY FOR WORLDWIDE INTERBANK FINANCIAL TELECOMMUNICATION, I, headquartered in Virginia. As of the 2024 Form 5500 filing, the plan reports $291M in total end-of-year assets and covers 713 participants across the Information & Media industry. The sponsor's EIN on file with the U.S. Department of Labor is 541106980, and the plan has been effective since 1987-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $262M at the beginning of 2024 to $291M at year-end — a gain of 11.0%. Net assets (after liabilities) closed the year at $291M, with reported net income of $29M 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 and can be compared against 2 prior plan-year filings from the same sponsor shown below.

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)$262M
Total Assets (End of Year)$291M
Net Assets (End of Year)$291M
Net Income$29M
Plan Type401(k)
Employer EIN541106980
Plan Effective Date1987-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (SWIFT - SOCIETY FOR WORLDWIDE INTERBANK FINANCIAL TELECOMMUNICATION, I)

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.

Frequently Asked Questions

How much money is in the SWIFT 401(K) SAVINGS PLAN?
As of the 2024 Form 5500 filing, SWIFT 401(K) SAVINGS PLAN holds $291M in total assets with 713 participants. It is sponsored by SWIFT - SOCIETY FOR WORLDWIDE INTERBANK FINANCIAL TELECOMMUNICATION, I.
What type of plan is SWIFT 401(K) SAVINGS PLAN?
SWIFT 401(K) SAVINGS PLAN is a 401(k) plan. It has been effective since 1987-05-01. The plan is filed with the U.S. Department of Labor under EIN 541106980.
Who sponsors the SWIFT 401(K) SAVINGS PLAN?
SWIFT 401(K) SAVINGS PLAN is sponsored by SWIFT - SOCIETY FOR WORLDWIDE INTERBANK FINANCIAL TELECOMMUNICATION, I, located in Virginia. The sponsor's EIN is 541106980 and the plan operates in the Information & Media industry.
How did SWIFT 401(K) SAVINGS PLAN perform in 2024?
SWIFT 401(K) SAVINGS PLAN grew by 11.0% during 2024, moving from $262M to $291M in total assets. Net income was $29M.
Where can I find official filings for SWIFT 401(K) SAVINGS PLAN?
Official Form 5500 filings for SWIFT 401(K) SAVINGS PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 541106980 or plan name at efast.dol.gov.
How does SWIFT 401(K) SAVINGS PLAN compare to other plans?
You can compare SWIFT 401(K) SAVINGS PLAN against other 401(k) plans on the plan type page, or view plans in Virginia 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 541106980.

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.