401(k) · DOL Form 5500 · 2024

Fareva Richmond, Inc 401(k) Plan

Data updated 2026-08-25

$36M
Total assets Below avg plan size
682
Participants Below avg headcount
80th
Percentile by assets National rank
$52,277
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Fareva US Savings Plan 001 · Sponsored by Fareva Richmond, Inc · Virginia · Manufacturing

$36M in assets, 682 participants

Fareva Richmond, Inc's Fareva US Savings Plan 001 reported $36M in total assets and 682 participants in its 2024 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.

  • #12,803 in Manufacturing (17,777 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, $36M for 682 participants (~$52,277/participant), up 11.2% in 2024.

#12,803
in Manufacturing (17,777 peers)
+11.2%
assets growth YoY
0.4×
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 2024 · DOL Form 5500

$35,652,603 Top 20% higher than 80% of 123,620 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 2024

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

Plan-year 2024 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 (682 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Fareva US Savings Plan 001 reported net income rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Fareva US Savings Plan 001 end-of-year assets rose from $32M in the plan year 2023 filing to $36M in the plan year 2024 filing.
  • Fareva US Savings Plan 001 reported participants fell from 744 in the plan year 2023 filing to 682 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 453125558 · Fareva Richmond, Inc PY 2024 · 401(k)

Fareva US Savings Plan 001 · $36M · 682 · 80th

  • NET $36M
  • NET 682
  • NET 80th
  • NET 401(k)
  • NET near American Neighborhood Mortgage Acceptance Co., LLC 401(k) Plan
  • NET ind #12803

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

Schulte Controlled Group Retirement PlanSchulte Controlled Group Ret…$36ML & N Federal Credit Union 401(k) Plan and TrustL & N Federal Credit Union 4…$36MFareva US Savings Plan 001$36MAmerican Neighborhood Mortgage Acceptance Co., LLC 401(k) PlanAmerican Neighborhood Mortga…$36MPaamco Prisma 401(k) Plan$36M
End-of-year total assets ($M) among Fareva US Savings Plan 001 and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$36M
Net Income$4M
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 -1001020304050 Total assets ($B) Participants Fareva US Savings Plan 001, Total assets ($B): 0.035652603 · Participants: 682Fareva US Savings Plan 001Northrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement 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 American Neighborhood Mortgage Acceptance Co., LLC 401(k) Plan in NJ ($36M); by covered participants it is Curtis Lumber Company, Incorporated Employee Savings & Profit Sharing Plan in NY (682 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (682 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024?
Fareva US Savings Plan 001 grew at a solid clip - up 11.2% during 2024, from $32M to $36M. Reported net income was $4M.
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 123,622 plans that reported assets for plan year 2024 (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 American Neighborhood Mortgage Acceptance Co., LLC 401(k) Plan in NJ ($36M, 697 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 Curtis Lumber Company, Incorporated Employee Savings & Profit Sharing Plan in NY (682 participants, $70M in assets).