401(k) · DOL Form 5500 · 2022

Jersey Mikes Franchise Systems, Inc. 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
318
Participants Below avg headcount
80th
Percentile by assets National rank
$74,435
Avg per participant Below avg balance/head
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Official DOL plan name: Jersey Mike's 401(k) Profit Sharing Plan · Sponsored by Jersey Mikes Franchise Systems, Inc. · New Jersey · Real Estate

$24M in assets, 318 participants

Jersey Mikes Franchise Systems, Inc.'s Jersey Mike's 401(k) Profit Sharing Plan reported $24M in total assets and 318 participants in its 2022 DOL Form 5500 filing, ranking in the 80th 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.

  • #4,598 in Real Estate (5,057 peers)

Coverage in New Jersey

Jersey Mike's 401(k) Profit Sharing Plan covers 318 participants in New Jersey, about 38% of the average New Jersey filer (state average ~844 per filing). Assets: $24M.

#4,598
in Real Estate (5,057 peers)
-6.3%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Jersey Mike's 401(k) Profit Sharing Plan's outsized position by total assets

Jersey Mike's 401(k) Profit Sharing Plan vs every filed plan by assets

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

$23,670,237 Top 20% higher than 80% 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

Jersey Mike's 401(k) Profit Sharing 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. Jersey Mike's 401(k) Profit Sharing Plan sits mid-pack in the medium band (318 participants).

EBSA filing schedule strip

Filing strip 222815245 · Jersey Mikes Franchise Systems, Inc. PY 2022 · 401(k)

Jersey Mike's 401(k) Profit Sharing Plan · $24M · 318 · 80th

  • EBSA $24M
  • PART 318
  • TYPE 80th
  • NET 401(k)
  • BOOK near Southwest Health Center, Inc. 403(b) Tsa Plan
  • VS-ST ind #4598

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 New Jersey →

Jersey Mike's 401(k) Profit Sharing Plan in the asset neighbourhood

Jersey Mike's 401(k) Profit Sharing PlanJersey Mike's 401(k) Profit …$24MSouthwest Health Center, Inc. 403(b) Tsa PlanSouthwest Health Center, Inc…$24MClark & Enersen, Inc. Retirement PlanClark & Enersen, Inc. Retire…$24MAdvanced Dermatology Associates, Ltd. 401(k) PlanAdvanced Dermatology Associa…$24MWisconsin Reinsurance Corporation Profit Sharing PlanWisconsin Reinsurance Corpor…$24M
End-of-year total assets ($M) among Jersey Mike's 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

New Jersey filing particulars

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$24M
Net Income-$2M
Employer EIN222815245
Plan Effective Date1997-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Jersey Mikes Franchise Systems, Inc.)

Sponsor-wide plan assets over time

All Jersey Mikes Franchise Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$39M 65.22704863495875% vs 2022
2024 filing year
$20M$25M$30M$35M$40M$45M 202220232024 $23.7M $39.1M ▲ +65.2%
Year Plans Participants Total Assets
2022 1 318 $24M
2023 1 310 $32M
2024 1 492 $39M

Nearby 401(k) Plans in New Jersey

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

Jersey Mike's 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Jersey Mike's 401(k) Profit Sharing Plan, Total assets ($B): 0.023670237 · Participants: 318Jersey Mike's 401(k) Profit Sharing PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 36.787229834 · Participants: 168280JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 25.16607858 · Participants: 76788Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 21.189900271 · Participants: 43271Johnson and Johnson Savings PlanPfizer Savings Plan, Total assets ($B): 17.828820505 · Participants: 27796Pfizer Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 12.40459021 · Participants: 52975Ernst & Young Retirement Savings Plan
Jersey Mike's 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Jersey Mike's 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Southwest Health Center, Inc. 403(b) Tsa Plan in WI ($24M); by covered participants it is The Homeaides LLC 401(k) Profit Sharing Plan & Trust in CT (318 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (318 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 Jersey Mike's 401(k) Profit Sharing Plan assets move in 2022?
Jersey Mike's 401(k) Profit Sharing Plan pulled back noticeably - down 6.3% during 2022, from $25M to $24M. Reported net income was -$2M.
How have Jersey Mikes Franchise Systems, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Jersey Mikes Franchise Systems, Inc.'s sponsor-wide assets grew 65.2%, from $24M to $39M.
Where does Jersey Mike's 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Jersey Mike's 401(k) Profit Sharing Plan ranks in the 80th 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 Jersey Mike's 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Southwest Health Center, Inc. 403(b) Tsa Plan in WI ($24M, 517 participants).
Which 401(k) plans cover a similar participant headcount to Jersey Mike's 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is The Homeaides LLC 401(k) Profit Sharing Plan & Trust in CT (318 participants, $160K in assets).