401(k) · DOL Form 5500 · 2022

Five Below, Inc. 401(k) Plan

Data updated 2026-08-25

$50M
Total assets Below avg plan size
13,594
Participants Very large workforce
88th
Percentile by assets National rank
$3,702
Avg per participant Low balance/head
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Official DOL plan name: Five Below 401(k) Retirement Savings Plan · Sponsored by Five Below, Inc. · Pennsylvania · Retail Trade

$50M in assets, 13,594 participants

Five Below, Inc.'s Five Below 401(k) Retirement Savings Plan reported $50M in total assets and 13,594 participants in its 2022 DOL Form 5500 filing, ranking in the 88th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #8,906 in Retail Trade (9,519 peers)

Coverage in Pennsylvania

Five Below 401(k) Retirement Savings Plan covers 13,594 participants in Pennsylvania, 17x the typical Pennsylvania plan (state average ~822 per filing). Assets: $50M.

#8,906
in Retail Trade (9,519 peers)
+2.7%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Five Below 401(k) Retirement Savings Plan's outsized position by total assets

Five Below 401(k) Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$50,329,392 Top 12% higher than 88% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Five Below 401(k) Retirement Savings Plan's mega-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Five Below 401(k) Retirement Savings Plan is a mega filing (13,594 participants), the rightmost band on the breakdown.

Form 5500 schedule snapshot

Filing strip 753000378 · Five Below, Inc. PY 2022 · 401(k)

Five Below 401(k) Retirement Savings Plan · $50M · 13,594 · 88th

  • BOY $50M
  • SCH 13,594
  • EBSA 88th
  • PART 401(k)
  • TYPE near Keller Supply Company Profit Sharing 401(k) Plan
  • NET ind #8906

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Retail Trade retirement plans → · Plans in Pennsylvania →

Five Below 401(k) Retirement Savings Plan in the asset neighbourhood

Ruffalo Noel Levitz 401(k) PlanRuffalo Noel Levitz 401(k) P…$50MFive Below 401(k) Retirement Savings PlanFive Below 401(k) Retirement…$50MKeller Supply Company Profit Sharing 401(k) PlanKeller Supply Company Profit…$50MFmi Corporation Retirement Savings 401(k) PlanFmi Corporation Retirement S…$50MNorthern Colorado Anesthesia Professionals, PLLC 401(k) PlanNorthern Colorado Anesthesia…$50M
End-of-year total assets ($M) among Five Below 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$49M
Net Assets (End of Year)$50M
Net Income$1M
Employer EIN753000378
Plan Effective Date2007-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Five Below, Inc.)

Sponsor-wide plan assets over time

All Five Below, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$88M 74.39758262925172% vs 2022
2024 filing year
$40M$60M$80M$100M 202220232024 $50.3M $87.8M ▲ +74.4%
Year Plans Participants Total Assets
2022 1 13,594 $50M
2023 1 12,520 $71M
2024 1 15,588 $88M

Nearby 401(k) Plans in Pennsylvania

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Five Below 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000120000 -505101520 Total assets ($B) Participants Five Below 401(k) Retirement Savings Plan, Total assets ($B): 0.050329392 · Participants: 13594Five Below 401(k) Retirement Savings PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 14.751564896 · Participants: 97769Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 11.46087279 · Participants: 66147Cigna 401(k) PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 8.11713 · Participants: 59451The PNC Financial Services Group, Inc. Incentive Savings PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 8.097254785 · Participants: 17073The Vanguard Retirement and Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 7.823164827 · Participants: 25071The Bank of New York Mellon Corporation 401(k) Savings Plan
Five Below 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Scale composition for Five Below 401(k) Retirement Savings Plan

Five Below 401(k) Retirement Savings Plan reports $50M in end-of-year assets across 13,594 participants (0.000% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.014% of 93,925,755 covered participants) - about $3,702 per participant (3% of the national average assets-per-participant) . Net income for plan year 2022 was $1M.

This plan identity (EIN 753000378, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $50M to $88M (+74.4%) while covered participants moved from 13,594 to 15,588 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 13,594 $50M This page
2023 12,520 $71M Open filing
2024 · index core 15,588 $88M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Five Below 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Keller Supply Company Profit Sharing 401(k) Plan in WA ($50M); by covered participants it is Coca-Cola Consolidated, Inc. 401(k) Plan in NC (13,596 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (13,594 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Five Below 401(k) Retirement Savings Plan assets move in 2022?
Five Below 401(k) Retirement Savings Plan edged up modestly - up 2.7% during 2022, from $49M to $50M. Reported net income was $1M.
How have Five Below, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Five Below, Inc.'s sponsor-wide assets grew 74.4%, from $50M to $88M.
Where does Five Below 401(k) Retirement Savings Plan rank by assets among Form 5500 filers?
Five Below 401(k) Retirement Savings Plan ranks in the 88th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Five Below 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Keller Supply Company Profit Sharing 401(k) Plan in WA ($50M, 1,003 participants).
Which 401(k) plans cover a similar participant headcount to Five Below 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Coca-Cola Consolidated, Inc. 401(k) Plan in NC (13,596 participants, $810M in assets).