401(k) · DOL Form 5500 · 2023

Fareva Richmond, Inc 401(k) Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
744
Participants Near avg headcount
80th
Percentile by assets National rank
$43,109
Avg per participant Low balance/head
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Official DOL plan name: Fareva US Savings Plan 001 · Sponsored by Fareva Richmond, Inc · Virginia · Manufacturing

$32M in assets, 744 participants

Fareva Richmond, Inc's Fareva US Savings Plan 001 reported $32M in total assets and 744 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #13,521 in Manufacturing (18,722 peers)

Where Fareva US Savings Plan 001 sits by assets

Fareva US Savings Plan 001 sits in the top quartile of all filed plans by assets, $32M for 744 participants (~$43,109/participant), up 9.9% in 2023.

#13,521
in Manufacturing (18,722 peers)
+9.9%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Fareva US Savings Plan 001's outsized position by total assets

Fareva US Savings Plan 001 vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$32,073,157 Top 20% higher than 80% of 127,068 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 2023

Fareva US Savings Plan 001 among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Fareva US Savings Plan 001 sits mid-pack in the medium band (744 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Fareva US Savings Plan 001 reported net income rose from -$7M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Fareva US Savings Plan 001 end-of-year assets rose from $29M in the plan year 2022 filing to $32M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 453125558 · Fareva Richmond, Inc PY 2023 · 401(k)

Fareva US Savings Plan 001 · $32M · 744 · 80th

  • VS-ST $32M
  • BOY 744
  • SCH 80th
  • EBSA 401(k)
  • PART near Gelest Holdings 401(k) Plan
  • TYPE ind #13521

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 Virginia →

Fareva US Savings Plan 001 in the asset neighbourhood

Gelest Holdings 401(k) Plan$32MRetirement Savings Plan$32MStrategic Staffing Solutions, Inc. 401(k) Retirement PlanStrategic Staffing Solutions…$32MAphl 401(k) Pension Plan$32MFareva US Savings Plan 001$32M
End-of-year total assets ($M) among Fareva US Savings Plan 001 and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$32M
Net Income$3M
Employer EIN453125558
Plan Effective Date2011-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fareva Richmond, Inc)

Sponsor-wide plan assets over time

All Fareva Richmond, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$36M 22.118983364669777% vs 2022
2024 filing year
$28M$30M$32M$34M$36M$38M 202220232024 $29.2M $35.7M ▲ +22.1%
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.

Fareva US Savings Plan 001 vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Fareva US Savings Plan 001, Total assets ($B): 0.032073157 · Participants: 744Fareva US Savings Plan 001Northrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Fareva US Savings Plan 001 vs. nearby 401(k) plans in Virginia, assets vs. participants

Fareva US Savings Plan 001's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Gelest Holdings 401(k) Plan in PA ($32M); by covered participants it is O'brien Auto Group 401(k) Plan in WA (744 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($32M here).

Similar participant headcount

Nearest other-state filings by covered participants (744 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Fareva US Savings Plan 001 assets move in 2023?
Fareva US Savings Plan 001 grew at a solid clip - up 9.9% during 2023, from $29M to $32M. Reported net income was $3M.
How have Fareva Richmond, Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Fareva Richmond, Inc's sponsor-wide assets grew 22.1%, from $29M to $36M.
Where does Fareva US Savings Plan 001 rank by assets among Form 5500 filers?
Fareva US Savings Plan 001 ranks in the 80th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Fareva US Savings Plan 001?
Among 401(k) plans in other states, the closest by assets is Gelest Holdings 401(k) Plan in PA ($32M, 261 participants).
Which 401(k) plans cover a similar participant headcount to Fareva US Savings Plan 001?
Among 401(k) plans in other states, the closest by covered participants is O'brien Auto Group 401(k) Plan in WA (744 participants, $51M in assets).