401(k) · DOL Form 5500 · 2024

Swing Transport Inc 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
163
Participants Small participant base
28th
Percentile by assets National rank
$10,363
Avg per participant Low balance/head
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Official DOL plan name: Swing Transport, Inc. Profit Sharing Plan · Sponsored by Swing Transport Inc · North Carolina · Transportation & Warehousing

$2M in assets, 163 participants

Swing Transport Inc's Swing Transport, Inc. Profit Sharing Plan reported $2M in total assets and 163 participants in its 2024 DOL Form 5500 filing, ranking in the 28th 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.

  • #933 in Transportation & Warehousing (3,299 peers)

Coverage in North Carolina

Swing Transport, Inc. Profit Sharing Plan covers 163 participants in North Carolina, about 20% of the average North Carolina filer (state average ~819 per filing). Assets: $2M.

#933
in Transportation & Warehousing (3,299 peers)
-12.4%
assets change YoY

The plan reported a net loss of $240K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Swing Transport, Inc. Profit Sharing Plan among the smaller filed plans by assets

Swing Transport, Inc. Profit Sharing Plan vs every filed plan by assets

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

$1,689,144 28th percentile higher than 28% 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

Swing Transport, Inc. Profit Sharing 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. Swing Transport, Inc. Profit Sharing Plan sits mid-pack in the medium band (163 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Swing Transport, Inc. Profit Sharing Plan reported net income fell from $203K in the plan year 2023 filing to -$240K in the plan year 2024 filing.
  • Swing Transport, Inc. Profit Sharing Plan end-of-year assets fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Swing Transport, Inc. Profit Sharing Plan reported participants rose from 157 in the plan year 2023 filing to 163 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 561088358 · Swing Transport Inc PY 2024 · 401(k)

Swing Transport, Inc. Profit Sharing Plan · $2M · 163 · 28th

  • PCT $2M
  • PCT 163
  • PCT 28th
  • PCT 401(k)
  • PCT near Martin Medical Center, P.C. Employees' Profit Sharing Plan
  • PCT ind #933

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 Transportation & Warehousing retirement plans → · Plans in North Carolina →

Swing Transport, Inc. Profit Sharing Plan in the asset neighbourhood

Swing Transport, Inc. Profit Sharing PlanSwing Transport, Inc. Profit…$2MMartin Medical Center, P.C. Employees' Profit Sharing PlanMartin Medical Center, P.C. …$2MCadillac Evening News Retirement Savings PlanCadillac Evening News Retire…$2MSmiles Associates LLC 401(k) Profit Sharing Plan & TrustSmiles Associates LLC 401(k)…$2MWelsch Ready Mix Union 401(k) PlanWelsch Ready Mix Union 401(k…$2M
End-of-year total assets ($M) among Swing Transport, Inc. Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$240K
Employer EIN561088358
Plan Effective Date1982-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Swing Transport Inc)

Sponsor-wide plan assets over time

All Swing Transport Inc plans reported in each filing year

Latest sponsor-wide plan assets
$2M 2.1246243070649102% vs 2022
2024 filing year
$1.6M$1.7M$1.8M$1.9M$2M 202220232024 $1.73M $1.69M ▼ -2.3%
Year Plans Participants Total Assets
2022 1 142 $2M
2023 1 157 $2M
2024 1 163 $2M

Nearby 401(k) Plans in North Carolina

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

Swing Transport, Inc. Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Swing Transport, Inc. Profit Sharing Plan, Total assets ($B): 0.001689144 · Participants: 163Swing Transport, Inc. Profit Sharing PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Swing Transport, Inc. Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Swing Transport, Inc. Profit Sharing Plan side-by-side with 3 peers →

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

Outside North Carolina, the nearest 401(k) by assets is Martin Medical Center, P.C. Employees' Profit Sharing Plan in TN ($2M); by covered participants it is Kessler's, Inc. 401(k) Retirement Plan in SD (163 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (163 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 Swing Transport, Inc. Profit Sharing Plan assets move in 2024? ▼
Swing Transport, Inc. Profit Sharing Plan pulled back noticeably - down 12.4% during 2024, from $2M to $2M. Reported net income was -$240K.
How have Swing Transport Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Swing Transport Inc's sponsor-wide assets declined 2.1%, from $2M to $2M.
Which 401(k) plans are similar in size to Swing Transport, Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Martin Medical Center, P.C. Employees' Profit Sharing Plan in TN ($2M, 22 participants).
Which 401(k) plans cover a similar participant headcount to Swing Transport, Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kessler's, Inc. 401(k) Retirement Plan in SD (163 participants, $4M 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 561088358.

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.