FARO SERVICES, INC. DBA FARO LOGISTICS SOLUTIONS, INC. 401(K) PS PLAN

Plan Contact

  • Address: 7070 PONTIUS ROAD,GROVEPORT,OH
  • Contact person: NANCY THOMPSON
  • Phone: (614) 497-1700

Plan General Information

FARO SERVICES, INC. DBA FARO LOGISTICS SOLUTIONS, INC. 401(K) PS PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of FARO SERVICES, INC. DBA FARO LOGISTICS SOLUTIONS, INC. 401(K) PS PLAN is $3,806,984.00.This plan was established in 1993.

FARO SERVICES, INC. DBA FARO LOGISTICS SOLUTIONS, INC. 401(K) PS PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in FARO SERVICES, INC. DBA FARO LOGISTICS SOLUTIONS, INC. 401(K) PS PLAN is 365

FARO SERVICES, INC. DBA FARO LOGISTICS SOLUTIONS, INC. 401(K) PS PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for FARO SERVICES, INC. DBA FARO LOGISTICS SOLUTIONS, INC. 401(K) PS PLAN is $10,430.00

FARO SERVICES, INC. DBA FARO LOGISTICS SOLUTIONS, INC. 401(K) PS PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for FARO SERVICES, INC. DBA FARO LOGISTICS SOLUTIONS, INC. 401(K) PS PLAN is $327.00.

FARO SERVICES, INC. DBA FARO LOGISTICS SOLUTIONS, INC. 401(K) PS PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of FARO SERVICES, INC. DBA FARO LOGISTICS SOLUTIONS, INC. 401(K) PS PLAN is -13.75%.

FARO SERVICES, INC. DBA FARO LOGISTICS SOLUTIONS, INC. 401(K) PS PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for FARO SERVICES, INC. DBA FARO LOGISTICS SOLUTIONS, INC. 401(K) PS PLAN is -16.36%. This measures the effectiveness of the plan participants' investments in the year.

FARO SERVICES, INC. DBA FARO LOGISTICS SOLUTIONS, INC. 401(K) PS PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of FARO SERVICES, INC. DBA FARO LOGISTICS SOLUTIONS, INC. 401(K) PS PLAN is 0.02%.

Enrollment Features

FARO SERVICES, INC. DBA FARO LOGISTICS SOLUTIONS, INC. 401(K) PS PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

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