401(k) · DOL Form 5500 · 2023

Faro Services, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
356
Participants Below avg headcount
43rd
Percentile by assets National rank
$12,840
Avg per participant Low balance/head
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Official DOL plan name: Faro Services, Inc. Dba Faro Logistics Solutions, Inc. 401(k) Ps Plan · Sponsored by Faro Services, Inc. · Ohio · Transportation & Warehousing

$5M in assets, 356 participants

Faro Services, Inc.'s Faro Services, Inc. Dba Faro Logistics Solutions, Inc. 401(k) Ps Plan reported $5M in total assets and 356 participants in its 2023 DOL Form 5500 filing, ranking in the 43rd 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.

  • #1,426 in Transportation & Warehousing (3,362 peers)

Coverage in Ohio

Faro Services, Inc. Dba Faro Logistics Solutions, Inc. 401(k) Ps Plan covers 356 participants in Ohio, about 47% of the average Ohio filer (state average ~765 per filing). Assets: $5M.

#1,426
in Transportation & Warehousing (3,362 peers)
+20.1%
assets growth YoY

Faro Services, Inc. Dba Faro Logistics Solutions, Inc. 401(k) Ps Plan's mid-pack asset rank among Transportation & Warehousing and all filers

Faro Services, Inc. Dba Faro Logistics Solutions, Inc. 401(k) Ps Plan vs every filed plan by assets

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

$4,570,940 43rd percentile higher than 43% 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

Faro Services, Inc. Dba Faro Logistics Solutions, Inc. 401(k) Ps Plan 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. Faro Services, Inc. Dba Faro Logistics Solutions, Inc. 401(k) Ps Plan sits mid-pack in the medium band (356 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Faro Services, Inc. Dba Faro Logistics Solutions, Inc. 401(k) Ps Plan reported net income rose from -$615K in the plan year 2022 filing to $826K in the plan year 2023 filing.
  • Faro Services, Inc. Dba Faro Logistics Solutions, Inc. 401(k) Ps Plan end-of-year assets rose from $4M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Faro Services, Inc. Dba Faro Logistics Solutions, Inc. 401(k) Ps Plan reported participants fell from 383 in the plan year 2022 filing to 356 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 311379444 · Faro Services, Inc. PY 2023 · 401(k)

Faro Services, Inc. Dba Faro Logistics Solutions, Inc. 401(k) Ps Plan · $5M · 356 · 43rd

  • SCH $5M
  • EBSA 356
  • PART 43rd
  • TYPE 401(k)
  • NET near Uli Service LLC 401(k) Savings Plan
  • BOOK ind #1426

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 Transportation & Warehousing retirement plans → · Plans in Ohio →

Faro Services, Inc. Dba Faro Logistics Solutions, Inc. 401(k) Ps Plan in the asset neighbourhood

Faro Services, Inc. Dba Faro Logistics Solutions, Inc. 401(k) Ps PlanFaro Services, Inc. Dba Faro…$5MUli Service LLC 401(k) Savings PlanUli Service LLC 401(k) Savin…$5MAuthenticid 401(k) Retirement PlanAuthenticid 401(k) Retiremen…$5MAlliance Recruiting 401(k)) PlanAlliance Recruiting 401(k)) …$5MChild Development Centers, Inc. 401(k) PlanChild Development Centers, I…$5M
End-of-year total assets ($M) among Faro Services, Inc. Dba Faro Logistics Solutions, Inc. 401(k) Ps Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$826K
Employer EIN311379444
Plan Effective Date1993-12-06
Filing StatusFILING RECEIVED

Sponsor Plan History (Faro Services, Inc.)

Sponsor-wide plan assets over time

All Faro Services, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 35.29090219449307% vs 2022
2024 filing year
$3.5M$4M$4.5M$5M$5.5M 202220232024 $3.81M $5.15M ▲ +35.2%
Year Plans Participants Total Assets
2022 1 383 $4M
2023 1 356 $5M
2024 1 330 $5M

Nearby 401(k) Plans in Ohio

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

Faro Services, Inc. Dba Faro Logistics Solutions, Inc. 401(k) Ps Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Faro Services, Inc. Dba Faro Logistics Solutions, Inc. 401(k) Ps Plan, Total assets ($B): 0.00457094 · Participants: 356Faro Services, Inc. Dba Faro Logistics Solutions, Inc. 401(k) Ps PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Faro Services, Inc. Dba Faro Logistics Solutions, Inc. 401(k) Ps Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Faro Services, Inc. Dba Faro Logistics Solutions, Inc. 401(k) Ps Plan side-by-side with 3 peers →

Faro Services, Inc. Dba Faro Logistics Solutions, Inc. 401(k) Ps Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Uli Service LLC 401(k) Savings Plan in WI ($5M); by covered participants it is Winshape Foundation, Inc. 401(k) Plan in GA (356 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5M here).

Similar participant headcount

Nearest other-state filings by covered participants (356 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 Faro Services, Inc. Dba Faro Logistics Solutions, Inc. 401(k) Ps Plan assets move in 2023? ▼
Faro Services, Inc. Dba Faro Logistics Solutions, Inc. 401(k) Ps Plan grew sharply - up 20.1% during 2023, from $4M to $5M. Reported net income was $826K.
How have Faro Services, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Faro Services, Inc.'s sponsor-wide assets grew 35.3%, from $4M to $5M.
Which 401(k) plans are similar in size to Faro Services, Inc. Dba Faro Logistics Solutions, Inc. 401(k) Ps Plan? ▼
Among 401(k) plans in other states, the closest by assets is Uli Service LLC 401(k) Savings Plan in WI ($5M, 108 participants).
Which 401(k) plans cover a similar participant headcount to Faro Services, Inc. Dba Faro Logistics Solutions, Inc. 401(k) Ps Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Winshape Foundation, Inc. 401(k) Plan in GA (356 participants, $32M in assets).

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 311379444.

Read our methodology - how this data is sourced, computed, and verified.

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