401(k) Ā· DOL Form 5500 Ā· 2022

Fairhaven Industries Inc 401(k) Profit Sharing Plan & Trust

Data updated 2026-05-15

$208K
Total assets
483
Participants
11th
Percentile by assets
$431
Avg per participant

Sponsored by Fairhaven Industries Inc Ā· Ohio Ā· Professional & Technical Services

What the 2022 filing shows

Fairhaven Industries Inc 401(k) Profit Sharing Plan & Trust holds $208K for 483 participants - about $431 per participant, among the smaller plans by assets on file, up 3.0% over the 2022 plan year.

$208K
total plan assets (2022 EOY)
483
covered participants
11th
percentile by assets (of 139,258 plans)
$431
avg assets per participant
State
Industry
Professional & Technical Services

401(k) Ā· DOL Form 5500 Ā· 2022

What the Filing Says About Fairhaven Industries Inc 401(k) Profit Sharing Plan & Trust

Fairhaven Industries Inc 401(k) Profit Sharing Plan & Trust is a 401(k) retirement plan sponsored by Fairhaven Industries Inc, headquartered in Ohio. According to the U.S. Department of Labor's 2022 Form 5500 filing, the plan reports $208K in total end-of-year assets and covers 483 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 341023491, and the plan has been effective since 2020-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets edged up modestly from $202K at the beginning of 2022 to $208K at year-end - up 3.0%. Net assets (after liabilities) closed the year at $208K, with reported net income of $6K 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.

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.

How the percentile is calculated: we count every plan that filed a 2022 Form 5500 with a reported end-of-year asset figure (139,258 plans), rank Fairhaven Industries Inc 401(k) Profit Sharing Plan & Trust against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2022)

Total Assets (Beginning of Year)$202K
Total Assets (End of Year)$208K
Net Assets (End of Year)$208K
Net Income$6K
Plan Type401(k)
Employer EIN341023491
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Ohio

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

Frequently Asked Questions

How much money is in the Fairhaven Industries Inc 401(k) Profit Sharing Plan & Trust?
As of the 2022 Form 5500 filing, Fairhaven Industries Inc 401(k) Profit Sharing Plan & Trust holds $208K in total assets with 483 participants. It is sponsored by Fairhaven Industries Inc.
What type of plan is Fairhaven Industries Inc 401(k) Profit Sharing Plan & Trust?
Fairhaven Industries Inc 401(k) Profit Sharing Plan & Trust is a 401(k) plan. It has been effective since 2020-01-01. The plan is filed with the U.S. Department of Labor under EIN 341023491.
Who sponsors the Fairhaven Industries Inc 401(k) Profit Sharing Plan & Trust?
Fairhaven Industries Inc 401(k) Profit Sharing Plan & Trust is sponsored by Fairhaven Industries Inc, located in Ohio. The sponsor's EIN is 341023491 and the plan operates in the Professional & Technical Services industry.
How did Fairhaven Industries Inc 401(k) Profit Sharing Plan & Trust perform in 2022?
Fairhaven Industries Inc 401(k) Profit Sharing Plan & Trust edged up modestly - up 3.0% during 2022, moving from $202K to $208K in total assets. Net income was $6K.

What this filing means

Ways to act on Fairhaven Industries Inc 401(k) Profit Sharing Plan & Trust's numbers.

  • By total assets, Fairhaven Industries Inc 401(k) Profit Sharing Plan & Trust ranks among the smaller plans by assets on file. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Ohio. Compare plans
  • A 401(k) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

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 341023491.

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.

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

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.