Profit Sharing · DOL Form 5500 · 2024

Faith Technologies Incorporated Profit Sharing Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
3,155
Participants Above avg headcount
75th
Percentile by assets National rank
$8,147
Avg per participant Low balance/head
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Official DOL plan name: Faith Technologies Incorporated 401(a) Plan · Sponsored by Faith Technologies Incorporated · Wisconsin · Construction

$26M in assets, 3,155 participants

Faith Technologies Incorporated's Faith Technologies Incorporated 401(a) Plan reported $26M in total assets and 3,155 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • #6,642 in Construction (9,039 peers)

Coverage in Wisconsin

Faith Technologies Incorporated 401(a) Plan covers 3,155 participants in Wisconsin, 5.6x the typical Wisconsin plan (state average ~563 per filing). Assets: $26M.

#6,642
in Construction (9,039 peers)
+152.3%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Faith Technologies Incorporated 401(a) Plan's outsized position by total assets

Faith Technologies Incorporated 401(a) Plan vs every filed plan by assets

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

$25,705,120 Top 25% higher than 75% 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

Faith Technologies Incorporated 401(a) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Faith Technologies Incorporated 401(a) Plan lands in the large band (3,155 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Faith Technologies Incorporated 401(a) Plan reported net income rose from $895K in the plan year 2023 filing to $16M in the plan year 2024 filing.
  • Faith Technologies Incorporated 401(a) Plan end-of-year assets rose from $6M in the plan year 2023 filing to $26M in the plan year 2024 filing.
  • Faith Technologies Incorporated 401(a) Plan reported participants rose from 2,569 in the plan year 2023 filing to 3,155 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 412065665 · Faith Technologies Incorporated PY 2024 · Profit Sharing

Faith Technologies Incorporated 401(a) Plan · $26M · 3,155 · 75th

  • TYPE $26M
  • NET 3,155
  • BOOK 75th
  • VS-ST Profit Sharing
  • BOY near Universal Bearings LLC Profit Sharing Plan & Trust
  • SCH ind #6642

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 Construction retirement plans → · Plans in Wisconsin →

Faith Technologies Incorporated 401(a) Plan in the asset neighbourhood

Baumgartner & Company, LLC Profit Sharing PlanBaumgartner & Company, LLC P…$26MWestern Mutual Insurance Company Profit Sharing / 401(k) PlanWestern Mutual Insurance Com…$26MFaith Technologies Incorporated 401(a) PlanFaith Technologies Incorpora…$26MUniversal Bearings LLC Profit Sharing Plan & TrustUniversal Bearings LLC Profi…$26MConcern for Mental Health, Inc. Retirement PlanConcern for Mental Health, I…$26M
End-of-year total assets ($M) among Faith Technologies Incorporated 401(a) Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Wisconsin filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$26M
Net Income$16M
Employer EIN412065665
Plan Effective Date2019-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Faith Technologies Incorporated)

Sponsor-wide plan assets over time

All Faith Technologies Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$404M 56.143256568619215% vs 2022
2024 filing year
$200M$250M$300M$350M$400M$450M 202220232024 $259M $404M ▲ +56.1%
Year Plans Participants Total Assets
2022 2 5,137 $259M
2023 2 5,194 $314M
2024 2 6,310 $404M

Nearby Profit Sharing Plans in Wisconsin

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Faith Technologies Incorporated 401(a) Plan vs. nearby Profit Sharing plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. 020004000600080001000012000 -0.500.511.5 Total assets ($B) Participants Faith Technologies Incorporated 401(a) Plan, Total assets ($B): 0.02570512 · Participants: 3155Faith Technologies Incorporated 401(a) PlanThe Northwestern Mutual Life Insurance Company Agents Persistency Fee Guarantee Fund, Total assets ($B): 1.423367509 · Participants: 5999The Northwestern Mutual Life Insurance Company Agents Persistency Fee Guarantee FundAspirus, Inc. Retirement Plan, Total assets ($B): 0.89339569 · Participants: 10194Aspirus, Inc. Retirement PlanThedacare Retirement and 403(b) Savings Plan, Total assets ($B): 0.837627767 · Participants: 6180Thedacare Retirement and 403(b) Savings PlanRetirement Plan for Employees Represented by Sheet Metal Workers Local Union 18, Total assets ($B): 0.374033662 · Participants: 1894Retirement Plan for Employees Represented by Sheet Metal Workers Local Union 18Clarios Retirement Savings and Investment Plan, Total assets ($B): 0.3336107 · Participants: 5088Clarios Retirement Savings and Investment Plan
Faith Technologies Incorporated 401(a) Plan vs. nearby Profit Sharing plans in Wisconsin, assets vs. participants

Faith Technologies Incorporated 401(a) Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Wisconsin, the nearest Profit Sharing by assets is Universal Bearings LLC Profit Sharing Plan & Trust in IN ($26M); by covered participants it is Med Center Health Retirement Savings Plan in KY (3,155 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,155 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 Faith Technologies Incorporated 401(a) Plan assets move in 2024?
Faith Technologies Incorporated 401(a) Plan surged - up 152.3% during 2024, from $10M to $26M. Reported net income was $16M.
How have Faith Technologies Incorporated plan assets changed over time?
Across 3 plan years on file (2022-2024), Faith Technologies Incorporated's sponsor-wide assets grew 56.1%, from $259M to $404M.
Where does Faith Technologies Incorporated 401(a) Plan rank by assets among Form 5500 filers?
Faith Technologies Incorporated 401(a) Plan ranks in the 75th 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 Profit Sharing plans are similar in size to Faith Technologies Incorporated 401(a) Plan?
Among Profit Sharing plans in other states, the closest by assets is Universal Bearings LLC Profit Sharing Plan & Trust in IN ($26M, 296 participants).
Which Profit Sharing plans cover a similar participant headcount to Faith Technologies Incorporated 401(a) Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Med Center Health Retirement Savings Plan in KY (3,155 participants, $99M in assets).