SWIFT AIR 401(K) RETIREMENT PLAN

Plan Contact

  • Address: 202 CENTREPORT DRIVE SUITE 400,GREENSBORO,NC
  • Contact person: PEGGY GROEBE
  • Phone: (336) 265-7120

Plan General Information

SWIFT AIR 401(K) RETIREMENT PLAN Total Retirement Plan Assets

At the end of 2020, the total retirement plan assets of SWIFT AIR 401(K) RETIREMENT PLAN is $3,650,165.00.This plan was established in 2016.

SWIFT AIR 401(K) RETIREMENT PLAN Total Number of Retirement Plan Participants

At the end of 2020, the total number of retirement plan participants in SWIFT AIR 401(K) RETIREMENT PLAN is 379

SWIFT AIR 401(K) RETIREMENT PLAN Average Participant Retirement Account Value

In 2020, the average participant retirement account value for SWIFT AIR 401(K) RETIREMENT PLAN is $9,631.00

SWIFT AIR 401(K) RETIREMENT PLAN Estimated Average Employee Contribution Amount

In 2020, the estimated average employee contribution amount per participant for SWIFT AIR 401(K) RETIREMENT PLAN is $7,354.00.

SWIFT AIR 401(K) RETIREMENT PLAN Total Retirement Plan Asset Growth Rate

In 2020, the total retirement plan asset growth rate of SWIFT AIR 401(K) RETIREMENT PLAN is 46.52%.

SWIFT AIR 401(K) RETIREMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2020, the estimated aggregate retirement account investment gain/loss for SWIFT AIR 401(K) RETIREMENT PLAN is 19.58%. This measures the effectiveness of the plan participants' investments in the year.

SWIFT AIR 401(K) RETIREMENT PLAN Expense Ratio

In 2020, the investment and administrative expense ratio of SWIFT AIR 401(K) RETIREMENT PLAN is 0.75%.

Enrollment Features

SWIFT AIR 401(K) RETIREMENT PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.


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