Defined Benefit (Pension) · DOL Form 5500 · 2024
Society for Worldwide Interbank Financial Telecommunication, Inc. Pension Plan
Data updated 2026-08-11
- $216M
- Total assets
- 206
- Participants
- 95th
- Percentile by assets
- $1.1M
- Avg per participant
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.
- 95th percentile by assets (of 123,622 plans)
- #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.
- $216M
- total plan assets (2024 EOY)
- 206
- covered participants
- 95th
- percentile by assets (of 123,622 plans)
- $1.1M
- avg assets per participant
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.
Where Swift Pension Plan sits 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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
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.
Participants vs Virginia filers
In Virginia, the average filing covers about 782 participants across 3,655 plans. Swift Pension Plan reports 206 participants - about 26% of that state average ($216M EOY assets).
Virginia filing particulars
| Total Assets (Beginning of Year) | $226M |
|---|---|
| Net Assets (End of Year) | $216M |
| Net Income | -$9M |
| Employer EIN | 541106980 |
| Plan Effective Date | 1980-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Society for Worldwide Interbank Financial Telecommunication, Inc.)
| 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
- Northrop Grumman Pension Plan $18.8B · 12,678
- Retirement Security Plan $11.5B · 56,633
- Sheet Metal Workers' National Pension Fund $8.9B · 63,530
- Ng Space&mission Systems Corp Salaried Pension Pla $8.4B · 6,737
- Dominion Energy Pension Plan $8.3B · 11,758
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Swift Pension Plan by total assets, not by location.
- Sheppard, Mullin, Richter & Hampton LLP Cash Balance Pension Plan (CA) $216M · 415
- Holland & Knight Cash Balance Plan - 2019 (FL) $217M · 840
- Gwinnett Hospital System, Inc. Retirement Plan (GA) $217M · 692
- Rubicon LLC Retirement Plan (LA) $217M · 222
Frequently Asked Questions
How did Swift Pension Plan assets move in 2024? ▼
How have Society for Worldwide Interbank Financial Telecommunication, Inc. plan assets changed over time? ▼
Where does Swift Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Swift Pension Plan? ▼
Next read for Swift Pension Plan
Filing takeaways
Ways to act on Swift Pension Plan's numbers.
- By total assets, Swift Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Virginia. Compare plans
- Society for Worldwide Interbank Financial Telecommunication, Inc.'s sponsor-wide assets have grown 17.9% since 2022 across 3 plan years on file. More Professional & Technical Services plans