Defined Benefit (Pension) · DOL Form 5500 · 2024

Society for Worldwide Interbank Financial Telecommunication, Inc. Pension Plan

Data updated 2026-08-25

$216M
Total assets Near avg plan size
206
Participants Below avg headcount
95th
Percentile by assets National rank
$1.1M
Avg per participant High balance/head
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Official DOL plan name: Swift Pension Plan · Sponsored by Society for Worldwide Interbank Financial Telecommunication, Inc. · Virginia · Professional & Technical Services

$216M in assets, 206 participants

Society for Worldwide Interbank Financial Telecommunication, Inc.'s Swift Pension Plan reported $216M in total assets and 206 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • #19,313 in Professional & Technical Services (20,173 peers)

Coverage in Virginia

Swift Pension Plan covers 206 participants in Virginia, about 26% of the average Virginia filer (state average ~782 per filing). Assets: $216M.

#19,313
in Professional & Technical Services (20,173 peers)
-4.0%
assets change YoY
2.2×
vs typical plan assets (national mean)

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Swift Pension Plan's outsized position by total assets

Swift Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$216,416,917 Top 5% higher than 95% of 123,620 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 2024

Swift Pension Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Swift Pension Plan sits mid-pack in the medium band (206 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Swift Pension Plan reported net income fell from $22M in the plan year 2023 filing to -$9M in the plan year 2024 filing.
  • Swift Pension Plan end-of-year assets fell from $226M in the plan year 2023 filing to $216M in the plan year 2024 filing.
  • Swift Pension Plan reported participants fell from 214 in the plan year 2023 filing to 206 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 541106980 · Society for Worldwide Interbank Financial Telecommunication, Inc. PY 2024 · Defined Benefit (Pension)

Swift Pension Plan · $216M · 206 · 95th

  • TYPE $216M
  • NET 206
  • BOOK 95th
  • VS-ST Defined Benefit (Pension)
  • BOY near Sheppard, Mullin, Richter & Hampton LLP Cash Balance Pension Plan
  • SCH ind #19313

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 Professional & Technical Services retirement plans → · Plans in Virginia →

Swift Pension Plan in the asset neighbourhood

Rubicon LLC Retirement Plan$217MGwinnett Hospital System, Inc. Retirement PlanGwinnett Hospital System, In…$217MHolland & Knight Cash Balance Plan - 2019Holland & Knight Cash Balanc…$217MSheppard, Mullin, Richter & Hampton LLP Cash Balance Pension PlanSheppard, Mullin, Richter & …$216MSwift Pension Plan$216M
End-of-year total assets ($M) among Swift Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$226M
Net Assets (End of Year)$216M
Net Income-$9M
Employer EIN541106980
Plan Effective Date1980-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Society for Worldwide Interbank Financial Telecommunication, Inc.)

Sponsor-wide plan assets over time

All Society for Worldwide Interbank Financial Telecommunication, Inc. 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 Defined Benefit (Pension) Plans in Virginia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Swift Pension Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Swift Pension Plan, Total assets ($B): 0.216416917 · Participants: 206Swift Pension PlanNorthrop Grumman Pension Plan, Total assets ($B): 18.781759216 · Participants: 12678Northrop Grumman Pension PlanRetirement Security Plan, Total assets ($B): 11.481735153 · Participants: 56633Retirement Security PlanSheet Metal Workers' National Pension Fund, Total assets ($B): 8.902237059 · Participants: 63530Sheet Metal Workers' National Pension FundNg Space&mission Systems Corp Salaried Pension Pla, Total assets ($B): 8.398702873 · Participants: 6737Ng Space&mission Systems Corp Salaried Pension PlaDominion Energy Pension Plan, Total assets ($B): 8.332769083 · Participants: 11758Dominion Energy Pension Plan
Swift Pension Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Swift Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Virginia, the nearest Defined Benefit (Pension) by assets is Sheppard, Mullin, Richter & Hampton LLP Cash Balance Pension Plan in CA ($216M); by covered participants it is Robertson-Ceco Corporation Master Pension Plan in TX (206 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (206 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Swift Pension Plan assets move in 2024? ▼
Swift Pension Plan edged down modestly - down 4.0% during 2024, from $226M to $216M. Reported net income was -$9M.
How have Society for Worldwide Interbank Financial Telecommunication, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Society for Worldwide Interbank Financial Telecommunication, Inc.'s sponsor-wide assets grew 17.9%, from $430M to $507M.
Where does Swift Pension Plan rank by assets among Form 5500 filers? ▼
Swift Pension Plan ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Swift Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sheppard, Mullin, Richter & Hampton LLP Cash Balance Pension Plan in CA ($216M, 415 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Swift Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Robertson-Ceco Corporation Master Pension Plan in TX (206 participants, $29M in assets).