Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Faraday And Future Retirement Plan is a benefit plan reported by Faraday Future Intelligent Electric, Inc. under EIN 84-4720320 and plan number 001. The latest loaded filing year is 2023. The filing reports 817 participants and $24,913,088 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $24,913,088
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $24,913,088
- Net assets (BOY)
- $21,189,422
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $4,096,996
- Total contributions
- $4,419,994
- Total income / additions
- $8,670,030
Expenses & distributions
- Benefits paid
- $4,847,033
- Administrative expenses
- $73,410
- Total expenses
- $4,946,364
- Net increase / (decrease)
- $3,723,666