401(k) · DOL Form 5500 · 2022

Facet Wealth, Inc. 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
291
Participants Below avg headcount
71st
Percentile by assets National rank
$46,419
Avg per participant Low balance/head
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Official DOL plan name: Facet Wealth, Inc. 401(k) Plan · Sponsored by Facet Wealth, Inc. · Maryland · Finance & Insurance

$14M in assets, 291 participants

Facet Wealth, Inc.'s Facet Wealth, Inc. 401(k) Plan reported $14M in total assets and 291 participants in its 2022 DOL Form 5500 filing, ranking in the 71st percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #5,093 in Finance & Insurance (9,261 peers)

Coverage in Maryland

Facet Wealth, Inc. 401(k) Plan covers 291 participants in Maryland, about 31% of the average Maryland filer (state average ~929 per filing). Assets: $14M.

#5,093
in Finance & Insurance (9,261 peers)
+14.9%
assets growth YoY

Facet Wealth, Inc. 401(k) Plan's outsized position by total assets

Facet Wealth, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$13,507,922 Top 29% higher than 71% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Facet Wealth, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Facet Wealth, Inc. 401(k) Plan sits mid-pack in the medium band (291 participants).

Form 5500 schedule snapshot

Filing strip 813453207 · Facet Wealth, Inc. PY 2022 · 401(k)

Facet Wealth, Inc. 401(k) Plan · $14M · 291 · 71st

  • BOOK $14M
  • VS-ST 291
  • BOY 71st
  • SCH 401(k)
  • EBSA near Gardner, Inc. 401(k) Profit Sharing Plan
  • PART ind #5093

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Maryland →

Facet Wealth, Inc. 401(k) Plan in the asset neighbourhood

Facet Wealth, Inc. 401(k) PlanFacet Wealth, Inc. 401(k) Pl…$14MGardner, Inc. 401(k) Profit Sharing PlanGardner, Inc. 401(k) Profit …$14MBritannica Home Fashions Inc. 401(k) Savings PlanBritannica Home Fashions Inc…$14MMvc Profit Sharing and 401(k) PlanMvc Profit Sharing and 401(k…$14MHermann Services, Inc. 401(k) Salary Savings PlanHermann Services, Inc. 401(k…$14M
End-of-year total assets ($M) among Facet Wealth, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Maryland filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$14M
Net Income$2M
Employer EIN813453207
Plan Effective Date2018-06-25
Filing StatusFILING RECEIVED

Sponsor Plan History (Facet Wealth, Inc.)

Sponsor-wide plan assets over time

All Facet Wealth, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$21M 55.894955567555094% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $13.5M $21.1M ▲ +55.9%
Year Plans Participants Total Assets
2022 1 291 $14M
2023 1 266 $19M
2024 1 224 $21M

Nearby 401(k) Plans in Maryland

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Facet Wealth, Inc. 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -1001020304050 Total assets ($B) Participants Facet Wealth, Inc. 401(k) Plan, Total assets ($B): 0.013507922 · Participants: 291Facet Wealth, Inc. 401(k) PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 43.624690273 · Participants: 87666Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 8.25929933 · Participants: 82576Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 3.651080244 · Participants: 6107T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.260404321 · Participants: 2819Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 1.938654635 · Participants: 74729Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Facet Wealth, Inc. 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Facet Wealth, Inc. 401(k) Plan side-by-side with 3 peers →

Facet Wealth, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Gardner, Inc. 401(k) Profit Sharing Plan in OH ($14M); by covered participants it is Briggs & Veselka Co. 401(k) Retirement Plan in TX (291 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (291 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Facet Wealth, Inc. 401(k) Plan assets move in 2022? ▼
Facet Wealth, Inc. 401(k) Plan grew at a solid clip - up 14.9% during 2022, from $12M to $14M. Reported net income was $2M.
How have Facet Wealth, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Facet Wealth, Inc.'s sponsor-wide assets grew 55.9%, from $14M to $21M.
Which 401(k) plans are similar in size to Facet Wealth, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Gardner, Inc. 401(k) Profit Sharing Plan in OH ($14M, 406 participants).
Which 401(k) plans cover a similar participant headcount to Facet Wealth, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Briggs & Veselka Co. 401(k) Retirement Plan in TX (291 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 813453207.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.