401(k) · DOL Form 5500 · 2024

Specialty Welding and Turnarounds, LLC 401(k) Plan

Data updated 2026-08-25

$44M
Total assets Below avg plan size
3,435
Participants Above avg headcount
83rd
Percentile by assets National rank
$12,728
Avg per participant Low balance/head
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Official DOL plan name: Swat 401(k) Plan · Sponsored by Specialty Welding and Turnarounds, LLC · Louisiana · Other Services

$44M in assets, 3,435 participants

Specialty Welding and Turnarounds, LLC's Swat 401(k) Plan reported $44M in total assets and 3,435 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.

  • #7,100 in Other Services (7,719 peers)

Coverage in Louisiana

Swat 401(k) Plan covers 3,435 participants in Louisiana, 6.9x the typical Louisiana plan (state average ~495 per filing). Assets: $44M.

#7,100
in Other Services (7,719 peers)
+17.4%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Swat 401(k) Plan's outsized position by total assets

Swat 401(k) Plan vs every filed plan by assets

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

$43,720,397 Top 17% higher than 83% 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

Swat 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Swat 401(k) Plan lands in the large band (3,435 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Swat 401(k) Plan reported net income fell from $9M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Swat 401(k) Plan end-of-year assets rose from $37M in the plan year 2023 filing to $44M in the plan year 2024 filing.
  • Swat 401(k) Plan reported participants fell from 4,134 in the plan year 2023 filing to 3,435 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 463110540 · Specialty Welding and Turnarounds, LLC PY 2024 · 401(k)

Swat 401(k) Plan · $44M · 3,435 · 83rd

  • 5500 $44M
  • ASSETS 3,435
  • PCT 83rd
  • EIN 401(k)
  • RANK near Incentive Profit Sharing Plan for Employees of Sealing Devices Inc.
  • PHOTO ind #7100

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 Other Services retirement plans → · Plans in Louisiana →

Swat 401(k) Plan in the asset neighbourhood

Bradford White Corporation 401(k) Profit Sharing PlanBradford White Corporation 4…$44MSwat 401(k) Plan$44MIncentive Profit Sharing Plan for Employees of Sealing Devices Inc.Incentive Profit Sharing Pla…$44MBitsight Technologies Retirement TrustBitsight Technologies Retire…$44MThe Enhanced Capital Accumulation Plan for the Employees of Southern Bank and Trust CompanyThe Enhanced Capital Accumul…$44M
End-of-year total assets ($M) among Swat 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Louisiana filing particulars

Total Assets (Beginning of Year)$37M
Net Assets (End of Year)$44M
Net Income$6M
Employer EIN463110540
Plan Effective Date2014-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Specialty Welding and Turnarounds, LLC)

Sponsor-wide plan assets over time

All Specialty Welding and Turnarounds, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$44M 108.65829069367656% vs 2022
2024 filing year
$10M$20M$30M$40M$50M 202220232024 $21M $43.7M ▲ +108.7%
Year Plans Participants Total Assets
2022 1 1,681 $21M
2023 1 4,134 $37M
2024 1 3,435 $44M

Nearby 401(k) Plans in Louisiana

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

Swat 401(k) Plan vs. nearby 401(k) plans in Louisiana, assets vs. participants Scatter plot of 6 data points. 010000200003000040000 -202468 Total assets ($B) Participants Swat 401(k) Plan, Total assets ($B): 0.043720397 · Participants: 3435Swat 401(k) PlanLumen 401(k) Savings Plan, Total assets ($B): 7.295025591 · Participants: 26319Lumen 401(k) Savings PlanSavings Plan of Entergy Corporation and Subsidiaries, Total assets ($B): 4.363805537 · Participants: 9655Savings Plan of Entergy Corporation and SubsidiariesOchsner Clinic Foundation 401(k) Plan, Total assets ($B): 2.6891375 · Participants: 32229Ochsner Clinic Foundation 401(k) PlanLouisiana Children's Medical Center Retirement and Savings Plan, Total assets ($B): 1.01914034 · Participants: 13357Louisiana Children's Medical Center Retirement and Savings PlanAmedisys Holding, LLC 401(k) Plan, Total assets ($B): 0.954895996 · Participants: 18862Amedisys Holding, LLC 401(k) Plan
Swat 401(k) Plan vs. nearby 401(k) plans in Louisiana, assets vs. participants
Compare Swat 401(k) Plan side-by-side with 3 peers →

Swat 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Louisiana, the nearest 401(k) by assets is Incentive Profit Sharing Plan for Employees of Sealing Devices Inc. in NY ($44M); by covered participants it is Transcanada 401(k) and Savings Plan in (3,435 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,435 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 Swat 401(k) Plan assets move in 2024? ▼
Swat 401(k) Plan grew sharply - up 17.4% during 2024, from $37M to $44M. Reported net income was $6M.
How have Specialty Welding and Turnarounds, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Specialty Welding and Turnarounds, LLC's sponsor-wide assets grew 108.7%, from $21M to $44M.
Where does Swat 401(k) Plan rank by assets among Form 5500 filers? ▼
Swat 401(k) Plan ranks in the 83rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Swat 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Incentive Profit Sharing Plan for Employees of Sealing Devices Inc. in NY ($44M, 233 participants).
Which 401(k) plans cover a similar participant headcount to Swat 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Transcanada 401(k) and Savings Plan in (3,435 participants, $1.1B in assets).

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 463110540.

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.