Plan Snapshot
- Plan Sponsor: Swift - Society For Worldwide Interbank Financial Telecommunication, I
- Sponsor EIN: 541106980
- Sponsor Address: P.O. BOX 2005, CULPEPER, VA, 22701
- Plan Type: 401(k)
- Total Participants: 724
- Total Assets: $290.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 724 | $290.7M | $8.6M | $9.6M |
| 2023 | 704 | $261.8M | $8.0M | $9.2M |
| 2022 | 697 | $227.2M | $7.2M | $8.4M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRICEWATERHOUSECOOPERS | Auditor | $511 | — | $511 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PRICEWATERHOUSECOOPERS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $511
- Estimated Expense Ratio: 0.000% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $151,396 | — | $99,004 | $511 | — |
| 2023 | $138,119 | $85,834 | — | — | — |
| 2022 | $151,331 | $49,952 | $79,933 | — | $20,000 |