Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Bj's Wholesale Club, Inc. 401(k) Savings Plan for Salaried Employees

ERISA Form 5500 plan record drawn from DOL EBSA β€” verify with linked source filings below.

Sponsored by Bj's Wholesale Club Inc Β· Massachusetts Β· Retail Trade

What the 2023 filing shows

Bj's Wholesale Club, Inc. 401(k) Savings Plan for Salaried Employees holds $489M for 3,295 participants - about $148,371 per participant, up 41.5% over the 2022 plan year.

$489M
total plan assets (2022 EOY)
3,295
covered participants
$148,371
avg assets per participant
+41.5%
assets growth YoY

The plan reported a net loss of $57M for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$489M
Participants
3,295
Industry
Retail Trade

What the Filing Says About Bj's Wholesale Club, Inc. 401(k) Savings Plan for Salaried Employees

Bj's Wholesale Club, Inc. 401(k) Savings Plan for Salaried Employees is a Profit Sharing retirement plan sponsored by Bj's Wholesale Club Inc, headquartered in Massachusetts. As of the 2022 Form 5500 filing, the plan reports $489M in total end-of-year assets and covers 3,295 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 043360747, and the plan has been effective since 1997-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $346M at the beginning of 2022 to $489M at year-end β€” a gain of 41.5%. Net assets (after liabilities) closed the year at $489M, with reported net income of $-57,464,061 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows β€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$346M
Total Assets (End of Year)$489M
Net Assets (End of Year)$489M
Net Income$-57,464,061
Plan TypeProfit Sharing
Employer EIN043360747
Plan Effective Date1997-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bj's Wholesale Club Inc)

Year Plans Participants Total Assets
2022 2 24,797 $489M
2023 1 4,706 $585M
2024 1 31,034 $661M

Nearby Profit Sharing Plans in Massachusetts

Peer Profit Sharing plans β€” same state, same plan type β€” ranked by total assets.

Frequently Asked Questions

How much money is in the Bj's Wholesale Club, Inc. 401(k) Savings Plan for Salaried Employees?
As of the 2022 Form 5500 filing, Bj's Wholesale Club, Inc. 401(k) Savings Plan for Salaried Employees holds $489M in total assets with 3,295 participants. It is sponsored by Bj's Wholesale Club Inc.
What type of plan is Bj's Wholesale Club, Inc. 401(k) Savings Plan for Salaried Employees?
Bj's Wholesale Club, Inc. 401(k) Savings Plan for Salaried Employees is a Profit Sharing plan. It has been effective since 1997-10-01. The plan is filed with the U.S. Department of Labor under EIN 043360747.
Who sponsors the Bj's Wholesale Club, Inc. 401(k) Savings Plan for Salaried Employees?
Bj's Wholesale Club, Inc. 401(k) Savings Plan for Salaried Employees is sponsored by Bj's Wholesale Club Inc, located in Massachusetts. The sponsor's EIN is 043360747 and the plan operates in the Retail Trade industry.
How did Bj's Wholesale Club, Inc. 401(k) Savings Plan for Salaried Employees perform in 2022?
Bj's Wholesale Club, Inc. 401(k) Savings Plan for Salaried Employees grew by 41.5% during 2022, moving from $346M to $489M in total assets. Net income was $-57,464,061.
Where can I find official filings for Bj's Wholesale Club, Inc. 401(k) Savings Plan for Salaried Employees?
Official Form 5500 filings for Bj's Wholesale Club, Inc. 401(k) Savings Plan for Salaried Employees are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 043360747 or plan name at efast.dol.gov.
How does Bj's Wholesale Club, Inc. 401(k) Savings Plan for Salaried Employees compare to other plans?
You can compare Bj's Wholesale Club, Inc. 401(k) Savings Plan for Salaried Employees against other Profit Sharing plans on the plan type page, or view plans in Massachusetts on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) β€” original filing retrieval by EIN 043360747.

Reference: IRS Publication 560 β€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B β€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

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