Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Faire Wholesale
Faire Wholesale 401(k)
- Wholesale trade
- San Francisco, CA
- EIN 81-4549038
- 1 plan with Schedule H financials
- Plan year 2024
- Faire Wholesale, Inc.
Total assets, end of year · Faire 401(k) Plan · plan year 2024
$32,740,350
573 participants with a balance. This filing reports no recordkeeping fee and no administrative expenses excluding investment management, so there is no headline cost figure.
Source
Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251021110736NAL0003268114001, received 2025-10-21
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251021110736NAL0003268114001, received 2025-10-21
Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-21.
Cost and contributions
Administrative expenses excluding investment management, per participant
$0.00
Fewer than 50 comparable plans report this figure; no percentile.
Source
= $0 / 573
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251021110736NAL0003268114001, received 2025-10-21
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251021110736NAL0003268114001, received 2025-10-21
Administrative expenses per participant
$240.88
Higher than 60% of the 25,098 plans $10 to 50M that report it.
Source
= $138,026 / 573
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251021110736NAL0003268114001, received 2025-10-21
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251021110736NAL0003268114001, received 2025-10-21
Administrative expenses as a share of assets
0.422%
Higher than 72% of the 25,132 plans $10 to 50M that report it.
Source
= $138,026 / $32,740,350
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251021110736NAL0003268114001, received 2025-10-21
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251021110736NAL0003268114001, received 2025-10-21
Employer contributions per participant
$15
Higher than 1% of the 24,050 plans $10 to 50M that report it.
Source
= $8,490 / 573
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251021110736NAL0003268114001, received 2025-10-21
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251021110736NAL0003268114001, received 2025-10-21
Employer share of total contributions
0.1%
Higher than 1% of the 24,084 plans $10 to 50M that report it.
Source
= $8,490 / $8,599,459
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251021110736NAL0003268114001, received 2025-10-21
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251021110736NAL0003268114001, received 2025-10-21
Plan terms, as stated in Faire Wholesale, Inc.'s SEC filings
Plan terms are not published in public filings.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251021110736NAL0003268114001, received 2025-10-21
Full record, Faire 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | FAIRE WHOLESALE, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251021110736NAL0003268114001, received 2025-10-21 |
| Plan name | FAIRE 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251021110736NAL0003268114001, received 2025-10-21 |
| Sponsor EIN / plan number | 81-4549038 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251021110736NAL0003268114001, received 2025-10-21 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251021110736NAL0003268114001, received 2025-10-21 |
| Sponsor location | SAN FRANCISCO, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251021110736NAL0003268114001, received 2025-10-21 |
| Industry (business code) | 425120, Wholesale trade | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251021110736NAL0003268114001, received 2025-10-21 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251021110736NAL0003268114001, received 2025-10-21 |
| Filing received | 2025-10-21 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251021110736NAL0003268114001, received 2025-10-21 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251021110736NAL0003268114001, received 2025-10-21 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251021110736NAL0003268114001, received 2025-10-21 |
| Participants, beginning of year | 718 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251021110736NAL0003268114001, received 2025-10-21 |
| Active participants | 560 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251021110736NAL0003268114001, received 2025-10-21 |
| Participants, end of year | 697 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251021110736NAL0003268114001, received 2025-10-21 |
| Participants with an account balance | 573 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251021110736NAL0003268114001, received 2025-10-21 |
| Total assets, beginning of year | $24,840,982 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251021110736NAL0003268114001, received 2025-10-21 |
| Total assets, end of year | $32,740,350 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251021110736NAL0003268114001, received 2025-10-21 |
| Net assets, end of year | $32,740,350 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251021110736NAL0003268114001, received 2025-10-21 |
| Total income | $12,593,918 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251021110736NAL0003268114001, received 2025-10-21 |
| Net income | $7,899,368 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251021110736NAL0003268114001, received 2025-10-21 |
| Employer contributions | $8,490 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251021110736NAL0003268114001, received 2025-10-21 |
| Participant contributions | $7,020,483 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251021110736NAL0003268114001, received 2025-10-21 |
| Other contributions (incl. rollovers) | $1,570,486 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251021110736NAL0003268114001, received 2025-10-21 |
| Total contributions | $8,599,459 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251021110736NAL0003268114001, received 2025-10-21 |
| Benefit payments | $4,556,524 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251021110736NAL0003268114001, received 2025-10-21 |
| Total expenses (incl. benefit payments) | $4,694,550 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251021110736NAL0003268114001, received 2025-10-21 |
| Total administrative expenses | $138,026 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251021110736NAL0003268114001, received 2025-10-21 |
| Investment advisory and management fees | $138,026 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251021110736NAL0003268114001, received 2025-10-21 |
| Administrative expenses excluding investment management | $0 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251021110736NAL0003268114001, received 2025-10-21 |
| Held in mutual funds | $32,565,533 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251021110736NAL0003268114001, received 2025-10-21 |
| Independent auditor | BAKER TILLY, US LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251021110736NAL0003268114001, received 2025-10-21 |
Position = column in the DOL layout for form year 2024. Filing 20251021110736NAL0003268114001, received 2025-10-21.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| HUMAN INTEREST ADVISOR LLCrecordkeeper | RECORDKEEPER | 13 Contract administrator; 27 Investment advisory (plan); 51 Investment management fees paid directly by plan; 15 Recordkeeping and information management | $138,027 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251021110736NAL0003268114001, received 2025-10-21.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $24,840,982 | $32,740,350 | 31.8% |
| Participants with a balance | 596 | 573 | -3.9% |
| Administrative expenses | $82,552 | $138,026 | 67.2% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $4,889 | $8,490 | 73.7% |
Prior filing 20241018102848NAL0064691186001, received 2024-10-18; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: FAIRE WHOLESALE, INC.; SEC registrant: Faire Wholesale, Inc. (CIK 1763016, matched by EIN).