401(k) · DOL Form 5500 · 2024

Fairlife 401(k) Plan

Data updated 2026-05-15

$53M
Total assets
814
Participants
85th
Percentile by assets
$65,088
Avg per participant

Sponsored by Fairlife, LLC · Illinois · Manufacturing

What the 2024 filing shows

Fairlife 401(k) Plan holds $53M for 814 participants - about $65,088 per participant, in the top quartile of all filed plans by assets, up 36.9% over the 2024 plan year.

$53M
total plan assets (2024 EOY)
814
covered participants
85th
percentile by assets (of 116,472 plans)
$65,088
avg assets per participant
State
Industry
Manufacturing

401(k) · DOL Form 5500 · 2024

What the Filing Says About Fairlife 401(k) Plan

Fairlife 401(k) Plan is a 401(k) retirement plan sponsored by Fairlife, LLC, headquartered in Illinois. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $53M in total end-of-year assets and covers 814 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 800864026, and the plan has been effective since 2012-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets surged from $39M at the beginning of 2024 to $53M at year-end - up 36.9%. Net assets (after liabilities) closed the year at $53M, with reported net income of $14M 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.

Across the 3 plan years Fairlife, LLC has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $28M to $53M, a gain of 91.6%, while reported participants moved from 609 to 814 (+33.7%). The strongest year on file by total sponsor assets was 2024 at $53M; the softest was 2022 at $28M. Year-by-year, sponsor-wide filings show: 2022 - $28M in assets across 1 plan covering 609 participants; 2023 - $39M in assets across 1 plan covering 691 participants; 2024 - $53M in assets across 1 plan covering 814 participants.

By assets, Fairlife 401(k) Plan outranks 85% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.5x the national average plan size of $100M and 730 average participants.

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.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank Fairlife 401(k) Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2024)

Total Assets (Beginning of Year)$39M
Total Assets (End of Year)$53M
Net Assets (End of Year)$53M
Net Income$14M
Plan Type401(k)
Employer EIN800864026
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fairlife, LLC)

Year Plans Participants Total Assets
2022 1 609 $28M
2023 1 691 $39M
2024 1 814 $53M

Nearby 401(k) Plans in Illinois

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

Frequently Asked Questions

How much money is in the Fairlife 401(k) Plan?
As of the 2024 Form 5500 filing, Fairlife 401(k) Plan holds $53M in total assets with 814 participants. It is sponsored by Fairlife, LLC.
What type of plan is Fairlife 401(k) Plan?
Fairlife 401(k) Plan is a 401(k) plan. It has been effective since 2012-01-01. The plan is filed with the U.S. Department of Labor under EIN 800864026.
Who sponsors the Fairlife 401(k) Plan?
Fairlife 401(k) Plan is sponsored by Fairlife, LLC, located in Illinois. The sponsor's EIN is 800864026 and the plan operates in the Manufacturing industry.
How did Fairlife 401(k) Plan perform in 2024?
Fairlife 401(k) Plan surged - up 36.9% during 2024, moving from $39M to $53M in total assets. Net income was $14M.

What this filing means

Ways to act on Fairlife 401(k) Plan's numbers.

  • By total assets, Fairlife 401(k) Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Illinois. Compare plans
  • Fairlife, LLC's sponsor-wide assets have grown 91.6% since 2022 across 3 plan years on file. More Manufacturing plans
  • A 401(k) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

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 800864026.

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.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.