An axial retainment system for a shaft is provided. The axial retainment system includes a cylindrical body extending from an outboard end to an inboard end thereof, and a swaged ridge extending radially outward from the cylindrical body proximate the outboard end. The swaged ridge has an outboard axial surface facing toward the outboard end and extending radially outward and terminating at a radially outward facing circumferential surface. The swaged ridge has an inboard axial surface facing toward the inboard end and extending radially outward from the cylindrical body and terminating at the radially outward facing circumferential surface. The outboard axial surface of the swaged ridge is recessed axially inward from the outboard end of the shaft. The inboard axial surface of the swaged ridge is swaged against, conforms in shape to, and is compressed against a component to be axially retained on the shaft.