Plan5500

Swift 401(K) Savings Plan — Form 5500 plan (Swift - Society For Worldwide Interbank Financial Telecommunication, I)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Swift 401(K) Savings Plan is a benefit plan reported by Swift - Society For Worldwide Interbank Financial Telecommunication, I under EIN 54-1106980 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,026 participants and $261,846,147 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Swift - Society For Worldwide Interbank Financial Telecommunication, I
EIN
54-1106980
Plan number
002
Plan type
2
Location
Culpeper, VA
Latest filing year
2023
Participants
1,026
End-of-year plan assets
$261,846,147

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,026H, C20240913134426NAL0009973681001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$261,846,147
Total liabilities (EOY)
$0
Net assets (EOY)
$261,846,147
Net assets (BOY)
$227,177,547

Income & contributions

Employer contributions
$8,002,802
Participant contributions
$9,224,971
Total contributions
$18,242,436
Total income / additions
$54,960,895

Expenses & distributions

Benefits paid
$20,124,562
Administrative expenses
$138,119
Total expenses
$20,292,295
Net increase / (decrease)
$34,668,600

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Advisory Group, LLCINVESTMENT MGMT$85,834not reported in the loaded dataset2023
Empower Annuity Insurance Company ORECORDKEEPER$52,285$02023

Related Form 5500 pages