401(k) · DOL Form 5500 · 2024

Faithlife, LLC 401(k) Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
269
Participants Below avg headcount
79th
Percentile by assets National rank
$128,667
Avg per participant Near avg balance/head
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Official DOL plan name: Faithlife 401(k) Plan · Sponsored by Faithlife, LLC · Washington · Professional & Technical Services

$35M in assets, 269 participants

Faithlife, LLC's Faithlife 401(k) Plan reported $35M in total assets and 269 participants in its 2024 DOL Form 5500 filing, ranking in the 79th 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.

  • #16,085 in Professional & Technical Services (20,173 peers)

Coverage in Washington

Faithlife 401(k) Plan covers 269 participants in Washington, about 18% of the average Washington filer (state average ~1,476 per filing). Assets: $35M.

#16,085
in Professional & Technical Services (20,173 peers)
+23.4%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Faithlife 401(k) Plan's outsized position by total assets

Faithlife 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$34,611,357 Top 21% higher than 79% 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

Faithlife 401(k) Plan 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. Faithlife 401(k) Plan sits mid-pack in the medium band (269 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Faithlife 401(k) Plan reported net income rose from $4M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Faithlife 401(k) Plan end-of-year assets rose from $28M in the plan year 2023 filing to $35M in the plan year 2024 filing.
  • Faithlife 401(k) Plan reported participants fell from 306 in the plan year 2023 filing to 269 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 223147956 · Faithlife, LLC PY 2024 · 401(k)

Faithlife 401(k) Plan · $35M · 269 · 79th

  • SCH $35M
  • EBSA 269
  • PART 79th
  • TYPE 401(k)
  • NET near Real Floors, Inc. 401(k) Plan
  • BOOK ind #16085

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 Professional & Technical Services retirement plans → · Plans in Washington →

Faithlife 401(k) Plan in the asset neighbourhood

Gentle Giant Employment Company, LLC 401(k) Profit Sharing PlanGentle Giant Employment Comp…$35MFaithlife 401(k) Plan$35MReal Floors, Inc. 401(k) Plan$35MAircastle Advisor LLC 401(k) PlanAircastle Advisor LLC 401(k)…$35MIndustrial Info Resources, Inc. Employee Savings PlanIndustrial Info Resources, I…$35M
End-of-year total assets ($M) among Faithlife 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Washington filing particulars

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$35M
Net Income$7M
Employer EIN223147956
Plan Effective Date1995-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Faithlife, LLC)

Sponsor-wide plan assets over time

All Faithlife, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$35M 44.650863242589125% vs 2022
2024 filing year
$20M$25M$30M$35M$40M 202220232024 $23.9M $34.6M ▲ +44.6%
Year Plans Participants Total Assets
2022 1 385 $24M
2023 1 306 $28M
2024 1 269 $35M

Nearby 401(k) Plans in Washington

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

Faithlife 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -20020406080 Total assets ($B) Participants Faithlife 401(k) Plan, Total assets ($B): 0.034611357 · Participants: 269Faithlife 401(k) PlanThe Boeing Company 401(k) Retirement Plan, Total assets ($B): 73.910477714 · Participants: 139394The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 65.646011638 · Participants: 118818Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 41.017392708 · Participants: 202468Costco 401(k) Retirement PlanAmazon 401(k) Plan, Total assets ($B): 34.593744657 · Participants: 1209303Amazon 401(k) Plan401(k) Savings Plan, Total assets ($B): 10.074085187 · Participants: 86668401(k) Savings Plan
Faithlife 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants
Compare Faithlife 401(k) Plan side-by-side with 3 peers →

Faithlife 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Real Floors, Inc. 401(k) Plan in GA ($35M); by covered participants it is Mcmichael Mills, Inc. 401(k) Savings Plan in NC (269 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (269 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 Faithlife 401(k) Plan assets move in 2024? ▼
Faithlife 401(k) Plan grew sharply - up 23.4% during 2024, from $28M to $35M. Reported net income was $7M.
How have Faithlife, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Faithlife, LLC's sponsor-wide assets grew 44.7%, from $24M to $35M.
Where does Faithlife 401(k) Plan rank by assets among Form 5500 filers? ▼
Faithlife 401(k) Plan ranks in the 79th 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 Faithlife 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Real Floors, Inc. 401(k) Plan in GA ($35M, 832 participants).
Which 401(k) plans cover a similar participant headcount to Faithlife 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mcmichael Mills, Inc. 401(k) Savings Plan in NC (269 participants, $8M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 223147956.

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.