Society For Worldwide Interbank Financial Telecommunication, Inc. 401(k) Plan: Login, Facts & Contact Information

Society For Worldwide Interbank Financial Telecommunication, Inc. 401(k) Plan Facts

Plan name
SWIFT 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SWIFT - SOCIETY FOR WORLDWIDE INTERBANK FINANCIAL TELECOMMUNICATION, I
Participants
1,033 (724 active employees)
Former employees with a balance
271
Plan assets
$290,669,392 at Dec 31, 2024
Average account balance
$283,304 across 1,026 accounts
Employer contributions
$8,588,502 in plan year 2024 (43% of all contributions)
Recordkeeper
Empower Annuity Insurance Company O
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
May 1, 1987
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 4, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $20.2 million went into the plan in contributions, $8.59 million of it from the employer (43%).
  • $27.2 million was paid out to participants.
  • Investment and other income added $36.0 million.
  • Administrative expenses were $151,396, about $148 per account.

How the Society For Worldwide Interbank Financial Telecommunication, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019862$202.6 million$5.68 million$11.7 million
2020924$239.0 million$6.09 million$9.10 million
2021956$275.6 million$6.72 million$13.4 million
2022997$227.2 million$7.22 million$17.4 million
20231,026$261.8 million$8.00 million$20.1 million
20241,033$290.7 million$8.59 million$27.2 million

Society For Worldwide Interbank Financial Telecommunication, Inc. 401(k) Contact Information

Phone
540-829-1326
Mailing address
P.O. BOX 2005, CULPEPER VA 22701
Plan sponsor
SWIFT - SOCIETY FOR WORLDWIDE INTERBANK FINANCIAL TELECOMMUNICATION, I
Employer identification number (EIN)
54-1106980
Plan number
002

Questions about the Society For Worldwide Interbank Financial Telecommunication, Inc. 401(k)

Does Society For Worldwide Interbank Financial Telecommunication, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $8.59 million, 43% of all contributions.

Does the Society For Worldwide Interbank Financial Telecommunication, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Society For Worldwide Interbank Financial Telecommunication, Inc 401(k) plan?

1,033 participants at the start of plan year 2024, 724 of them active employees, and 271 former employees who still had money in the plan.

What is the average 401(k) balance at Society For Worldwide Interbank Financial Telecommunication, Inc?

About $283,304 per account: $290.7 million in plan assets across 1,026 accounts with a balance at the end of plan year 2024.

Who manages the Society For Worldwide Interbank Financial Telecommunication, Inc 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY O) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Society For Worldwide Interbank Financial Telecommunication, Inc. How do I access my 401(k)?

Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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