401(k)
2023 plan-year 401(k) DOL Form 5500

Fahef, Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Fayetteville Area Health Education Foundation, Inc · North Carolina · Healthcare & Social Assistance

What the 2023 filing shows

Fahef, Inc. 401(k) Plan holds $9M for 129 participants — about $70,768 per participant, up 12.6% over the 2023 plan year.

$9M
total plan assets (2023 EOY)
129
covered participants
$70,768
avg assets per participant
+12.6%
assets growth YoY
Total Assets (2023)
$9M
Participants
129
Industry
Healthcare & Social Assistance

What the Filing Says About Fahef, Inc. 401(k) Plan

Fahef, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Fayetteville Area Health Education Foundation, Inc, headquartered in North Carolina. As of the 2023 Form 5500 filing, the plan reports $9M in total end-of-year assets and covers 129 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 561082675, and the plan has been effective since 1997-08-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $8M at the beginning of 2023 to $9M at year-end — a gain of 12.6%. Net assets (after liabilities) closed the year at $9M, with reported net income of $1M 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)$8M
Total Assets (End of Year)$9M
Net Assets (End of Year)$9M
Net Income$1M
Plan Type401(k)
Employer EIN561082675
Plan Effective Date1997-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fayetteville Area Health Education Foundation, Inc)

Year Plans Participants Total Assets
2022 2 256 $9M
2023 1 129 $9M
2024 1 134 $11M

Nearby 401(k) Plans in North Carolina

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Frequently Asked Questions

How much money is in the Fahef, Inc. 401(k) Plan?
As of the 2023 Form 5500 filing, Fahef, Inc. 401(k) Plan holds $9M in total assets with 129 participants. It is sponsored by Fayetteville Area Health Education Foundation, Inc.
What type of plan is Fahef, Inc. 401(k) Plan?
Fahef, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 1997-08-01. The plan is filed with the U.S. Department of Labor under EIN 561082675.
Who sponsors the Fahef, Inc. 401(k) Plan?
Fahef, Inc. 401(k) Plan is sponsored by Fayetteville Area Health Education Foundation, Inc, located in North Carolina. The sponsor's EIN is 561082675 and the plan operates in the Healthcare & Social Assistance industry.
How did Fahef, Inc. 401(k) Plan perform in 2023?
Fahef, Inc. 401(k) Plan grew by 12.6% during 2023, moving from $8M to $9M in total assets. Net income was $1M.
Where can I find official filings for Fahef, Inc. 401(k) Plan?
Official Form 5500 filings for Fahef, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 561082675 or plan name at efast.dol.gov.
How does Fahef, Inc. 401(k) Plan compare to other plans?
You can compare Fahef, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in North Carolina on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 561082675.

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.