Swanson Industries, Inc. Pension Plan — Form 5500 plan (Swanson Industries, Inc.)

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, Swanson Industries, Inc. Pension Plan is a benefit plan reported by Swanson Industries, Inc. under EIN 55-0770512 and plan number 001. The latest loaded filing year is 2023. The filing reports 305 participants and $8,453,411 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Swanson Industries, Inc.
EIN
55-0770512
Plan number
001
Plan type
2
Location
Morgantown, WV
Latest filing year
2023
Participants
305
End-of-year plan assets
$8,453,411

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023305H, C20250211070625NAL0009818979001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$8,453,411
Total liabilities (EOY)
$5,245
Net assets (EOY)
$8,448,166
Net assets (BOY)
$8,087,429

Income & contributions

Employer contributions
$159,000
Participant contributions
$0
Total contributions
$159,000
Total income / additions
$1,260,401

Expenses & distributions

Benefits paid
$879,331
Administrative expenses
$20,333
Total expenses
$899,664
Net increase / (decrease)
$360,737

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
United Wealth ManagementNONE$20,333not reported in the loaded dataset2023

Related Form 5500 pages