Fareva US Savings Plan 001
ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.
Sponsored by Fareva Richmond, Inc · Virginia · Manufacturing
What the 2023 filing shows
Fareva US Savings Plan 001 holds $29M for 739 participants — about $39,506 per participant, down 20.0% over the 2022 plan year.
- $29M
- total plan assets (2022 EOY)
- 739
- covered participants
- $39,506
- avg assets per participant
- -20.0%
- assets change YoY
The plan reported a net loss of $7M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.
What the Filing Says About Fareva US Savings Plan 001
Fareva US Savings Plan 001 is a 401(k) retirement plan sponsored by Fareva Richmond, Inc, headquartered in Virginia. As of the 2022 Form 5500 filing, the plan reports $29M in total end-of-year assets and covers 739 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 453125558, and the plan has been effective since 2011-10-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $37M at the beginning of 2022 to $29M at year-end — a decline of 20.0%. Net assets (after liabilities) closed the year at $29M, with reported net income of $-7,314,863 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
Financial Summary (2023)
| Total Assets (Beginning of Year) | $37M |
| Total Assets (End of Year) | $29M |
| Net Assets (End of Year) | $29M |
| Net Income | $-7,314,863 |
| Plan Type | 401(k) |
| Employer EIN | 453125558 |
| Plan Effective Date | 2011-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Fareva Richmond, Inc)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 739 | $29M |
| 2023 | 1 | 744 | $32M |
| 2024 | 1 | 682 | $36M |
Nearby 401(k) Plans in Virginia
Peer 401(k) plans — same state, same plan type — ranked by total assets.
- Northrop Grumman Savings Plan $36.2B · 97,987
- 401(k) Pension Plan $15.0B · 62,467
- General Dynamics Corporation 401(k) Plan 6.0 $11.2B · 48,860
- Leidos, Inc. Retirement Plan $10.6B · 27,043
- Bae Systems Employees' Savings and Investment Plan $9.4B · 31,681
Related Data
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Frequently Asked Questions
How much money is in the Fareva US Savings Plan 001? ▼
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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 453125558.
Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology — how this data is sourced, computed, and verified.