Faith Technologies 401(k) match, vesting and fees
What Faith Technologies' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Empower Annuity Insurance Company | Schedule C ↗ |
| Independent auditor | Grant Thornton LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 570 defined-contribution plans in construction with 1,000 to 4,999 participants.
| Faith Technologies: employer contribution per participant | $3,349 | |
| Peer median | $2,900 |
| Faith Technologies: average balance | $86,071 | |
| Peer median | $67,876 |
| Faith Technologies: admin expenses ÷ assets | 0.11% | |
| Peer median | 0.26% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $308M at the end of plan year 2023 to $378M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 4,503 | $378M | $14.7M | $3,349 | 0.11% | Not published | Form 5500 ↗ |
| 2023 | 4,033 | $308M | $7.6M | $1,948 | 0.11% | Not published | Form 5500 ↗ |
Other Faith Technologies plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Faith Technologies Incorporated 401(a) Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Empower Annuity Insurance Company | Schedule C ↗ |
| Independent auditor | Grant Thornton LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Profit-sharing · Active | Form 5500 ↗ |
Common questions
Does Faith Technologies match 401(k) contributions?
The match terms for the Faith Technologies Incorporated 401(k) Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $14.7M in employer contributions, about $3,349 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Faith Technologies 401(k) match vested?
The vesting schedule for the Faith Technologies Incorporated 401(k) Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Faith Technologies 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company. The plan administrator is Faith Technologies Incorporated.
I left Faith Technologies. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Faith Technologies Incorporated, (920) 225-6500) or the recordkeeper, Empower Annuity Insurance Company. The Faith Technologies old 401(k) page lists the contacts from every plan filing. Find an old Faith Technologies 401(k)
Data from the public Form 5500 annual reports Faith Technologies filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Faith Technologies. Not financial advice. Report a correction · Methodology