Swift Pension Plan — Form 5500 plan (Society For Worldwide Interbank Financial Telecommunication, 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, Swift Pension Plan is a benefit plan reported by Society For Worldwide Interbank Financial Telecommunication, Inc. under EIN 54-1106980 and plan number 001. The latest loaded filing year is 2023. The filing reports 562 participants and $225,509,318 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$225.5MPlan net assets, end of year$225,509,318
Participants562Covered participants reported
Assets / participant$401.3KComputed: assets ÷ participants$401,262 (computed)
Provider compensation$21.1K1 Schedule C provider row(s)$21,064
- Plan sponsor
- Society For Worldwide Interbank Financial Telecommunication, Inc.
- EIN
- 54-1106980
- Plan number
- 001
- Plan type
- 2
- Location
- Culpeper, VA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 562 | H, C | 20240919160217NAL0006418769001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$225.5M total assets
Net assets$225.5MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $225,509,318
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $225,509,318
- Net assets (BOY)
- $203,020,436
Income & contributions
- Total contributions
- $0
- Total income / additions
- $29,361,263
Expenses & distributions
- Benefits paid
- $6,851,317
- Administrative expenses
- $21,064
- Total expenses
- $6,872,381
- Net increase / (decrease)
- $22,488,882
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insur Co Of America | NONE | $21,064 | $0 | 2023 |