401(k) · DOL Form 5500 · 2022

Penney Opco, LLC 401(k) Plan

Data updated 2026-08-11

$1.9B
Total assets
45,500
Participants
99th
Percentile by assets
$41,129
Avg per participant
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Official DOL plan name: J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan · Sponsored by Penney Opco, LLC · Texas · Retail Trade

$1.9B in assets, 45,500 participants

Penney Opco, LLC's J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan reported $1.9B in total assets and 45,500 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 139,126 plans)
  • #9,482 in Retail Trade (9,519 peers)

Coverage in Texas

J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan covers 45,500 participants in Texas, 66x the typical Texas plan (state average ~688 per filing). Assets: $1.9B.

$1.9B
total plan assets (2022 EOY)
45,500
covered participants
99th
percentile by assets (of 139,126 plans)
$41,129
avg assets per participant

The plan reported a net loss of $383M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Texas
Industry
Retail Trade

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan reports 45,500 participants - 66x that state average ($1.9B EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$2.3B
Net Assets (End of Year)$1.9B
Net Income-$383M
Employer EIN853718114
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Penney Opco, LLC)

$1.8B$1.9B$2B$2.1B$2.2B$2.3B 202220232024 $1.87B $2.18B ▲ +16.6%
Total plan assets by year, all Penney Opco, LLC plans on file
Year Plans Participants Total Assets
2022 1 45,500 $1.9B
2023 1 45,716 $2.1B
2024 1 44,782 $2.2B

Nearby 401(k) Plans in Texas

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

J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000 010203040 Total assets ($B) Participants J. C. Penney Corpora…AT&T Retirement Savi…Exxonmobil Savings P…Caterpillar 401(k) S…American Airlines, I…Dell Inc. 401(k) Plan
J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare J. C. Penney Corporation, Inc. Safe Harb… side-by-side with 3 peers →

Scale composition for J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan

J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan reports $1.9B in end-of-year assets across 45,500 participants (0.015% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.048% of 93,925,755 covered participants) - about $41,129 per participant (30% of the national average assets-per-participant) . Net income for plan year 2022 was -$383M.

This plan identity (EIN 853718114, plan #006) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.9B to $2.2B (+16.3%) while covered participants moved from 45,500 to 44,782 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 45,500 $1.9B This page
2023 45,716 $2.1B Open filing
2024 · index core 44,782 $2.2B Open filing

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

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan assets move in 2022? ▼
J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan declined sharply - down 17.0% during 2022, from $2.3B to $1.9B. Reported net income was -$383M.
How have Penney Opco, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Penney Opco, LLC's sponsor-wide assets grew 16.3%, from $1.9B to $2.2B.
Where does J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is American Financial Group 401(k) Retirement and Savings Plan in OH ($1.9B, 6,642 participants).

Next read for J. C. Penney Corporation, Inc. Safe Harb…

Filing takeaways

Ways to act on J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan's numbers.

  • By total assets, J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Texas. Compare plans
  • Penney Opco, LLC's sponsor-wide assets have grown 16.3% since 2022 across 3 plan years on file. More Retail Trade plans

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 853718114.

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.