401(k) · DOL Form 5500 · 2022

Great Clips, Inc. 401(k) Plan

Data updated 2026-08-25

$38M
Total assets Below avg plan size
226
Participants Below avg headcount
85th
Percentile by assets National rank
$166,629
Avg per participant Above avg balance/head
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Official DOL plan name: Great Clips, Inc. 401(k) Plan · Sponsored by Great Clips, Inc. · Minnesota · Real Estate

$38M in assets, 226 participants

Great Clips, Inc.'s Great Clips, Inc. 401(k) Plan reported $38M in total assets and 226 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.

  • #4,771 in Real Estate (5,057 peers)

Coverage in Minnesota

Great Clips, Inc. 401(k) Plan covers 226 participants in Minnesota, about 20% of the average Minnesota filer (state average ~1,126 per filing). Assets: $38M.

#4,771
in Real Estate (5,057 peers)
-16.2%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Great Clips, Inc. 401(k) Plan's outsized position by total assets

Great Clips, Inc. 401(k) Plan vs every filed plan by assets

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

$37,658,054 Top 15% higher than 85% 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

Great Clips, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Great Clips, Inc. 401(k) Plan sits mid-pack in the medium band (226 participants).

Form 5500 schedule snapshot

Filing strip 411430345 · Great Clips, Inc. PY 2022 · 401(k)

Great Clips, Inc. 401(k) Plan · $38M · 226 · 85th

  • NET $38M
  • NET 226
  • NET 85th
  • NET 401(k)
  • NET near W. S. Darley & Co. Employee's Profit Sharing 401(k) Plan
  • NET ind #4771

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 Real Estate retirement plans → · Plans in Minnesota →

Great Clips, Inc. 401(k) Plan in the asset neighbourhood

Great Clips, Inc. 401(k) Plan$38MW. S. Darley & Co. Employee's Profit Sharing 401(k) PlanW. S. Darley & Co. Employee'…$38MHiggs, Fletcher & Mack 401(k) Profit Sharing PlanHiggs, Fletcher & Mack 401(k…$38MBelz Investco 401(k) Profit Sharing PlanBelz Investco 401(k) Profit …$38MCampbell Companies Bargaining Unit 401(k) PlanCampbell Companies Bargainin…$38M
End-of-year total assets ($M) among Great Clips, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$38M
Net Income-$7M
Employer EIN411430345
Plan Effective Date1989-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Great Clips, Inc.)

Sponsor-wide plan assets over time

All Great Clips, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$56M 47.84354762463296% vs 2022
2024 filing year
$30M$40M$50M$60M 202220232024 $37.7M $55.7M ▲ +47.8%
Year Plans Participants Total Assets
2022 1 226 $38M
2023 1 235 $48M
2024 1 256 $56M

Nearby 401(k) Plans in Minnesota

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

Great Clips, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Great Clips, Inc. 401(k) Plan, Total assets ($B): 0.037658054 · Participants: 226Great Clips, Inc. 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Great Clips, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Great Clips, Inc. 401(k) Plan side-by-side with 3 peers →

Great Clips, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is W. S. Darley & Co. Employee's Profit Sharing 401(k) Plan in IL ($38M); by covered participants it is H&m Trucking, Inc. 401(k) Plan in NE (226 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (226 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 Great Clips, Inc. 401(k) Plan assets move in 2022? ▼
Great Clips, Inc. 401(k) Plan declined sharply - down 16.2% during 2022, from $45M to $38M. Reported net income was -$7M.
How have Great Clips, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Great Clips, Inc.'s sponsor-wide assets grew 47.8%, from $38M to $56M.
Where does Great Clips, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Great Clips, Inc. 401(k) Plan ranks in the 85th 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 Great Clips, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is W. S. Darley & Co. Employee's Profit Sharing 401(k) Plan in IL ($38M, 205 participants).
Which 401(k) plans cover a similar participant headcount to Great Clips, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is H&m Trucking, Inc. 401(k) Plan in NE (226 participants, $13M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 411430345.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.