401(k)
2022 plan-year 401(k) DOL Form 5500

Destination Xl Group, Inc. 401(k) Savings Plan

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

Sponsored by Destination Xl Group, Inc. · Massachusetts · Retail Trade

What the 2023 filing shows

Destination Xl Group, Inc. 401(k) Savings Plan holds $80M for 1,084 participants — about $73,348 per participant, down 14.0% over the 2022 plan year.

$80M
total plan assets (2022 EOY)
1,084
covered participants
$73,348
avg assets per participant
-14.0%
assets change YoY

The plan reported a net loss of $13M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$80M
Participants
1,084
Industry
Retail Trade

What the Filing Says About Destination Xl Group, Inc. 401(k) Savings Plan

Destination Xl Group, Inc. 401(k) Savings Plan is a 401(k) retirement plan sponsored by Destination Xl Group, Inc., headquartered in Massachusetts. As of the 2022 Form 5500 filing, the plan reports $80M in total end-of-year assets and covers 1,084 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 042623104, and the plan has been effective since 2003-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $92M at the beginning of 2022 to $80M at year-end — a decline of 14.0%. Net assets (after liabilities) closed the year at $80M, with reported net income of $-12,965,118 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 — 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)$92M
Total Assets (End of Year)$80M
Net Assets (End of Year)$80M
Net Income$-12,965,118
Plan Type401(k)
Employer EIN042623104
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Destination Xl Group, Inc.)

Year Plans Participants Total Assets
2022 2 1,116 $91M
2023 2 1,211 $94M
2024 1 1,256 $107M

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Frequently Asked Questions

How much money is in the Destination Xl Group, Inc. 401(k) Savings Plan?
As of the 2022 Form 5500 filing, Destination Xl Group, Inc. 401(k) Savings Plan holds $80M in total assets with 1,084 participants. It is sponsored by Destination Xl Group, Inc..
What type of plan is Destination Xl Group, Inc. 401(k) Savings Plan?
Destination Xl Group, Inc. 401(k) Savings Plan is a 401(k) plan. It has been effective since 2003-01-01. The plan is filed with the U.S. Department of Labor under EIN 042623104.
Who sponsors the Destination Xl Group, Inc. 401(k) Savings Plan?
Destination Xl Group, Inc. 401(k) Savings Plan is sponsored by Destination Xl Group, Inc., located in Massachusetts. The sponsor's EIN is 042623104 and the plan operates in the Retail Trade industry.
How did Destination Xl Group, Inc. 401(k) Savings Plan perform in 2022?
Destination Xl Group, Inc. 401(k) Savings Plan declined by 14.0% during 2022, moving from $92M to $80M in total assets. Net income was $-12,965,118.
Where can I find official filings for Destination Xl Group, Inc. 401(k) Savings Plan?
Official Form 5500 filings for Destination Xl Group, Inc. 401(k) Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 042623104 or plan name at efast.dol.gov.
How does Destination Xl Group, Inc. 401(k) Savings Plan compare to other plans?
You can compare Destination Xl Group, Inc. 401(k) Savings Plan against other 401(k) 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) — original filing retrieval by EIN 042623104.

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

Reference: IRS Publication 590-B — 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.