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  2. FARO TECHNOLOGIES, INC.
Sponsor portfolioTH

FARO TECHNOLOGIES, INC.

EIN 59-3157093-mechanical or industrial engineering-Latest filing 2025
Plans
2
Retirement
1
$80.4M assets
Welfare
1
$4.4M premiums
Participants
644
125 TECHNOLOGY PARK - LAKE MARY, FL 32746407-333-9911LinkedIn11-50 employeesmechanical or industrial engineering
Plans on this EIN
2 filings
#001401k-$80.4M - 644 part#501Fully Insured-$4.4M - 1,183 lives

Benefits portfolio analytics

1 plan / $4.4M premiums / 1,183 covered lives

Coverage by line

Premium dollars by benefit type (bundled lines overlap)

  • Health$3.9M
  • Dental$3.9M
  • Vision$3.9M
  • Prescription drug$3.9M
  • Life$168K
  • Short-term disability$115K
  • +2 more
Total $4.4M8 rows

Carrier market share

Premium dollars by Schedule A carrier

Multi-vendor
91%top
  • CIGNA HEALTH AND LIFE INSURANCE COMPANY91%
  • LIFE INSURANCE COMPANY OF NORTH AMERICA8%
  • UNUM LIFE INSURANCE COMPANY OF AMERICA1%
  • UNITEDHEALTHCARE INSURANCE COMPANY0%
  • ARAG INSURANCE COMPANY0%
Total $4.4M5 slices

Broker market share

Schedule A broker compensation

Single broker
100%top
  • MERCER HEALTH AND BENEFITS, LLC100%
Total $250K1 slice

Plan deep-dives

Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.
Retirement#001

FARO 401(K) PLAN

401k

Assets$80.4M
Participants644
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501

FARO TECHNOLOGIES GROUP WELFARE BENEFITS PLAN

Fully Insured - CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES

Premiums$4.4M
Covered lives1,183
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive

Retirement plans1

Plan #NameTypeAssetsParticipantsLatest year
001FARO 401(K) PLAN401k$80.4M6442025

Welfare plans1

Plan #NameFundingCarrierPremiumsCoveredLatest year
501FARO TECHNOLOGIES GROUP WELFARE BENEFITS PLANFully InsuredCIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES$4.4M1,1832025
Retirement plans
Welfare plans
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