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Company:
Society for Worldwide Interbank Financial Telecommunications, Inc.
Plan:
SWIFT 401k Savings Plan
 

Society for Worldwide Interbank Financial Telecommunications, Inc.

83 Plan: SWIFT 401k Savings Plan

 
 
83
42
69
87
0
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For the average 401k participant, the 4 point difference between this plan's BrightScope Rating (83) and the top rated plan (87) could equate to:
[How is this calculated?]
3 additional years of work
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

SWIFT 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 83, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Participation Rate, Salary Deferral, and Total Plan Cost. SWIFT 401k Savings Plan currently has over 600 active participants and over $78.2M in plan assets.

 

 Retirement Plan Details

Address 1621 Mcdevitt Drive
Culpeper, VA 22701 
Industry Information
Administrator Michael Shepelak
Net Plan Assets $78,200,000
Total Participants 610
Avg Account Balance $130,000

 Top 3 Funds in this 401k

1. AXA Equitable Guaranteed Interest Account 30%
2. American Funds Growth Fund of America 10%
3. JPMorgan Small Cap Equity 7%

  Plan Service Provider

Auditor Ernst & Young

 Comments