401(k) · DOL Form 5500 · 2022
Faro Technologies, Inc. 401(k) Plan
Data updated 2026-08-25
- $59M
- Total assets Below avg plan size
- 491
- Participants Below avg headcount
- 89th
- Percentile by assets National rank
- $119,448
- Avg per participant Near avg balance/head
Official DOL plan name: Faro 401(k) Plan · Sponsored by Faro Technologies, Inc. · Florida · Manufacturing
$59M in assets, 491 participants
Faro Technologies, Inc.'s Faro 401(k) Plan reported $59M in total assets and 491 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.
- #17,325 in Manufacturing (20,602 peers)
Where Faro 401(k) Plan sits by assets
Faro 401(k) Plan sits in the top quartile of all filed plans by assets, $59M for 491 participants (~$119,448/participant), down 14.4% in 2022.
- #17,325
- in Manufacturing (20,602 peers)
- -14.4%
- assets change YoY
- 0.6×
- vs typical plan assets (national mean)
The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Faro 401(k) Plan's outsized position by total assets
Faro 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$58,649,018 Top 11% higher than 89% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Faro 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. Faro 401(k) Plan sits mid-pack in the medium band (491 participants).
Published 5500 schedule card
Filing strip 593157093 · Faro Technologies, Inc. PY 2022 · 401(k)
Faro 401(k) Plan · $59M · 491 · 89th
- IND $59M
- EOY 491
- 5500 89th
- ASSETS 401(k)
- PCT near Blanchard Machinery Company 401(k) Profit Sharing Plan
- EIN ind #17325
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 Manufacturing retirement plans → · Plans in Florida →
Faro 401(k) Plan in the asset neighbourhood
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $69M |
|---|---|
| Net Assets (End of Year) | $59M |
| Net Income | -$10M |
| Employer EIN | 593157093 |
| Plan Effective Date | 1996-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Faro Technologies, Inc.)
Sponsor-wide plan assets over time
All Faro Technologies, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $74M 26.688509942314802% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 491 | $59M |
| 2023 | 1 | 474 | $65M |
| 2024 | 1 | 402 | $74M |
Nearby 401(k) Plans in Florida
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- L3harris Retirement Savings Plan $12.9B · 41,096
- Savings Plan for Employees and Partners of Pricewatercoopers LLP $9.1B · 50,354
- Adp Totalsource Retirement Savings Plan $6.7B · 287,453
- Publix Super Markets, Inc. 401(k) Smart Plan $6.1B · 176,752
- Nextera Energy, Inc. Employee Retirement Savings Plan $5.4B · 14,889
Faro 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Florida, the nearest 401(k) by assets is Blanchard Machinery Company 401(k) Profit Sharing Plan in SC ($59M); by covered participants it is Nutrien Collectively Bargained 401(k) Retirement Plan in CO (491 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($59M here).
Similar participant headcount
Nearest other-state filings by covered participants (491 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.