Defined Benefit (Pension) · DOL Form 5500 · 2024

Swanson Industries, Inc. Pension Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
59
Participants Small participant base
53rd
Percentile by assets National rank
$152,145
Avg per participant Above avg balance/head
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Official DOL plan name: Swanson Industries, Inc. Pension Plan · Sponsored by Swanson Industries, Inc. · West Virginia · Manufacturing

$9M in assets, 59 participants

Swanson Industries, Inc.'s Swanson Industries, Inc. Pension Plan reported $9M in total assets and 59 participants in its 2024 DOL Form 5500 filing, ranking in the 53rd 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.

  • #6,855 in Manufacturing (17,777 peers)

Swanson Industries, Inc. multi-year trail

Swanson Industries, Inc.'s plans moved +32.3% in assets from 2022 to 2024; this filing shows Swanson Industries, Inc. Pension Plan at $9M / 59 participants.

#6,855
in Manufacturing (17,777 peers)
+6.2%
assets growth YoY

Swanson Industries, Inc. Pension Plan's mid-pack asset rank among Manufacturing and all filers

Swanson Industries, Inc. Pension Plan vs every filed plan by assets

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

$8,976,561 Top 47% higher than 53% 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. Pension Plan among smaller 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. Pension Plan is a small filing (59 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Swanson Industries, Inc. Pension Plan reported net income rose from $361K in the plan year 2023 filing to $517K in the plan year 2024 filing.
  • Swanson Industries, Inc. Pension Plan reported participants fell from 67 in the plan year 2023 filing to 59 in the plan year 2024 filing.
  • Swanson Industries, Inc. Pension Plan end-of-year assets rose from $8M in the plan year 2023 filing to $9M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 550770512 · Swanson Industries, Inc. PY 2024 · Defined Benefit (Pension)

Swanson Industries, Inc. Pension Plan · $9M · 59 · 53rd

  • BOOK $9M
  • BOOK 59
  • BOOK 53rd
  • BOOK Defined Benefit (Pension)
  • BOOK near Lake Sunapee Bank, Fsb Employees' Retirement Plan
  • BOOK ind #6855

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. Pension Plan in the asset neighbourhood

Son T Le Md Defined Benefit Plan and TrustSon T Le Md Defined Benefit …$9MHackettstown Imaging Services, LLC Cash Balance PlanHackettstown Imaging Service…$9MSwanson Industries, Inc. Pension PlanSwanson Industries, Inc. Pen…$9MLake Sunapee Bank, Fsb Employees' Retirement PlanLake Sunapee Bank, Fsb Emplo…$9MNational Audubon Society Cash Balance Pension PlanNational Audubon Society Cas…$9M
End-of-year total assets ($M) among Swanson Industries, Inc. Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Swanson Industries, Inc. multi-year asset trail

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

Swanson Industries, Inc. filing trail (2024)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$517K
Employer EIN550770512
Plan Effective Date1988-07-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in West Virginia

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

Swanson Industries, Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in West Virginia, assets vs. participants Scatter plot of 6 data points. -10000100020003000 -2000200400600 Total assets ($M) Participants Swanson Industries, Inc. Pension Plan, Total assets ($M): 8.976561 · Participants: 59Swanson Industries, Inc. Pension PlanWest Virginia Laborers Pension Trust Fund, Total assets ($M): 569.974961 · Participants: 2390West Virginia Laborers Pension Trust FundI.U.O.E. Local 132 Pension Fund, Total assets ($M): 559.321763 · Participants: 1858I.U.O.E. Local 132 Pension FundUnited Mine Workers of America 1985 Construction Workers Pension Plan, Total assets ($M): 469.568711 · Participants: 197United Mine Workers of America 1985 Construction Workers Pension PlanEmployer - Teamsters Local Nos 175 & 505 Pension Trust Fund, Total assets ($M): 452.81905 · Participants: 1685Employer - Teamsters Local Nos 175 & 505 Pension Trust FundMaryland Electrical Industry Pension Plan, Total assets ($M): 289.43837 · Participants: 1784Maryland Electrical Industry Pension Plan
Swanson Industries, Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in West Virginia, assets vs. participants
Compare Swanson Industries, Inc. Pension Plan side-by-side with 3 peers →

Swanson Industries, Inc. Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside West Virginia, the nearest Defined Benefit (Pension) by assets is Lake Sunapee Bank, Fsb Employees' Retirement Plan in ME ($9M); by covered participants it is Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation in WI (59 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (59 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. Pension Plan assets move in 2024? ▼
Swanson Industries, Inc. Pension Plan grew at a solid clip - up 6.2% during 2024, from $8M to $9M. Reported net income was $517K.
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 Defined Benefit (Pension) plans are similar in size to Swanson Industries, Inc. Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Lake Sunapee Bank, Fsb Employees' Retirement Plan in ME ($9M, 15 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Swanson Industries, Inc. Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Wec Energy Group Retirement Plan for Minnesota Energy Resources Corporation in WI (59 participants, $46M 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.