401(k) · DOL Form 5500 · 2024

Swanson Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size
172
Participants Small participant base
74th
Percentile by assets National rank
$146,852
Avg per participant Above avg balance/head
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Official DOL plan name: Swanson Industries, Inc. Profit Sharing 401(k) Plan · Sponsored by Swanson Industries, Inc. · West Virginia · Manufacturing

$25M in assets, 172 participants

Swanson Industries, Inc.'s Swanson Industries, Inc. Profit Sharing 401(k) Plan reported $25M in total assets and 172 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.

  • #11,554 in Manufacturing (17,777 peers)

Coverage in West Virginia

Swanson Industries, Inc. Profit Sharing 401(k) Plan covers 172 participants in West Virginia, about 37% of the average West Virginia filer (state average ~467 per filing). Assets: $25M.

#11,554
in Manufacturing (17,777 peers)
+25.1%
assets growth YoY

Swanson Industries, Inc. Profit Sharing 401(k) Plan's outsized position by total assets

Swanson Industries, Inc. Profit Sharing 401(k) Plan vs every filed plan by assets

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

$25,258,603 Top 26% higher than 74% 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

Swanson Industries, Inc. Profit Sharing 401(k) 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. Swanson Industries, Inc. Profit Sharing 401(k) Plan sits mid-pack in the medium band (172 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Swanson Industries, Inc. Profit Sharing 401(k) Plan end-of-year assets rose from $20M in the plan year 2023 filing to $25M in the plan year 2024 filing.
  • Swanson Industries, Inc. Profit Sharing 401(k) Plan reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Swanson Industries, Inc. Profit Sharing 401(k) Plan reported participants rose from 152 in the plan year 2023 filing to 172 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 550770512 · Swanson Industries, Inc. PY 2024 · 401(k)

Swanson Industries, Inc. Profit Sharing 401(k) Plan · $25M · 172 · 74th

  • VS-ST $25M
  • VS-ST 172
  • VS-ST 74th
  • VS-ST 401(k)
  • VS-ST near Alton Steel, Inc. 401(k) Plan
  • VS-ST ind #11554

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 Manufacturing retirement plans → · Plans in West Virginia →

Swanson Industries, Inc. Profit Sharing 401(k) Plan in the asset neighbourhood

Swanson Industries, Inc. Profit Sharing 401(k) PlanSwanson Industries, Inc. Pro…$25MAlton Steel, Inc. 401(k) Plan$25MYnap 401(k) Savings Plan$25MHighland Associates, Ltd 401(k) PlanHighland Associates, Ltd 401…$25MAdvance Beverage Co., Inc. 401(k) Profit Sharing PlanAdvance Beverage Co., Inc. 4…$25M
End-of-year total assets ($M) among Swanson Industries, Inc. Profit Sharing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

West Virginia filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$25M
Net Income$3M
Employer EIN550770512
Plan Effective Date1989-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Swanson Industries, Inc.)

Sponsor-wide plan assets over time

All Swanson Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$34M 32.25477923833588% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $25.9M $34.2M ▲ +32.3%
Year Plans Participants Total Assets
2022 2 210 $26M
2023 2 219 $29M
2024 2 231 $34M

Nearby 401(k) Plans in West Virginia

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

Swanson Industries, Inc. Profit Sharing 401(k) Plan vs. nearby 401(k) plans in West Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants Swanson Industries, Inc. Profit Sharing 401(k) Plan, Total assets ($B): 0.025258603 · Participants: 172Swanson Industries, Inc. Profit Sharing 401(k) PlanOrrick, Herrington & Sutcliffe LLP Retirement Plan, Total assets ($B): 1.177090773 · Participants: 1845Orrick, Herrington & Sutcliffe LLP Retirement PlanVandalia Health System 401(k) Retirement Savings P, Total assets ($B): 0.852839622 · Participants: 0Vandalia Health System 401(k) Retirement Savings PAmerican Public Education Retirement Plan, Total assets ($B): 0.303164024 · Participants: 5717American Public Education Retirement PlanWest Virginia University Health System 401(k) Plan, Total assets ($B): 0.255427542 · Participants: 4549West Virginia University Health System 401(k) PlanUnited Bankshares, Inc. Savings and Stock Investment Plan, Total assets ($B): 0.2487143 · Participants: 2561United Bankshares, Inc. Savings and Stock Investment Plan
Swanson Industries, Inc. Profit Sharing 401(k) Plan vs. nearby 401(k) plans in West Virginia, assets vs. participants
Compare Swanson Industries, Inc. Profit Sharing 401(k) Plan side-by-side with 3 peers →

Swanson Industries, Inc. Profit Sharing 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside West Virginia, the nearest 401(k) by assets is Alton Steel, Inc. 401(k) Plan in IL ($25M); by covered participants it is Dlmc, Inc. Dba Kamaaina Health Services 401(k) Retirement Plan in HI (172 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($25M here).

Similar participant headcount

Nearest other-state filings by covered participants (172 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 Swanson Industries, Inc. Profit Sharing 401(k) Plan assets move in 2024? ▼
Swanson Industries, Inc. Profit Sharing 401(k) Plan grew sharply - up 25.1% during 2024, from $20M to $25M. Reported net income was $3M.
How have Swanson Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Swanson Industries, Inc.'s sponsor-wide assets grew 32.3%, from $26M to $34M.
Which 401(k) plans are similar in size to Swanson Industries, Inc. Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Alton Steel, Inc. 401(k) Plan in IL ($25M, 235 participants).
Which 401(k) plans cover a similar participant headcount to Swanson Industries, Inc. Profit Sharing 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dlmc, Inc. Dba Kamaaina Health Services 401(k) Retirement Plan in HI (172 participants, $999K 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 550770512.

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.