Society for Worldwide Interbank Financial Telecommunication, Inc.
Overview
Society for Worldwide Interbank Financial Telecommunication, Inc. sponsors a self-funded health plan that covered 715 participants in plan year 2025, about the same as the prior year. The plan year starts in January. Alongside medical, its benefits filing reports life insurance, dental, vision, long-term disability, and more.
- Plan type
- ERISA welfare benefit plan, self-funded (benefits paid from employer assets or a trust)
- Participants
- 715 · prior year 727
- Plan year
- Begins January 1 · next renewal January 2027
- Health plans filed
- Swift Health and Welfare Benefits Plan, plan 504 (715 participants); Swift Retiree Medical and Life Insurance Plan, plan 505 (152 participants); Swift Retiree Medical Account, plan 506 (4 participants)
- Broker compensation
- $10K across insured contracts
Insurance carriers
Insured coverage reported on Schedule A. Self-funded medical claims aren't reported there.
| Carrier | Coverage | Covered | Premium | Broker comp |
|---|---|---|---|---|
| Hartford Life and Accident | Life, Long-term disability | 715 | $807K | $10K |
| Eyemed | Vision | 719 | $229K | — |
| Life Insurance Company of North America | Business Travel Accident | 715 | — | — |
Pharmacy benefit estimate
StreamRX estimate for a plan this size. Not based on this plan's claims.
Estimated prescription spend: 715 participants × $2,371 national average per member. Usually higher once dependents are counted.
Typical savings opportunity found in independent reviews of plans this size.
Form 5500 filing details
- Filing
- Form 5500 with Schedule A, plan year 2025
- Plan sponsor
- Society for Worldwide Interbank Financial Telecommunication, Inc.
- Sponsor EIN
- 54-1106980
- Plan numbers
- 504, 505, 506
- Filed with
- U.S. Department of Labor (EBSA) via EFAST2
Verify this filing: search EIN 54-1106980 in the Department of Labor's EFAST2 Form 5500 search.
Retirement plan
- Plan
- Swift 401(k) Savings Plan
- Type
- 401(k) plan
- Participants
- 1,044
About this data
Source: Society for Worldwide Interbank Financial Telecommunication, Inc.'s Form 5500 filing for plan year 2025 and its Schedule A insurance reports, published by the U.S. Department of Labor. "Self-funded" means the filing reports benefits paid from employer assets or a trust, with no medical insurance contract or with a stop-loss contract. Pharmacy figures are StreamRX estimates based on national averages. StreamRX is not affiliated with Society for Worldwide Interbank Financial Telecommunication, Inc..