401(k) · DOL Form 5500 · 2022

Bag Makers, Inc. 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
281
Participants Below avg headcount
69th
Percentile by assets National rank
$43,066
Avg per participant Low balance/head
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Official DOL plan name: Bag Makers, Inc. 401(k)/Profit Sharing Plan · Sponsored by Bag Makers, Inc. · Illinois · Manufacturing

$12M in assets, 281 participants

Bag Makers, Inc.'s Bag Makers, Inc. 401(k)/Profit Sharing Plan reported $12M in total assets and 281 participants in its 2022 DOL Form 5500 filing, ranking in the 69th 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.

  • #11,739 in Manufacturing (20,602 peers)

Coverage in Illinois

Bag Makers, Inc. 401(k)/Profit Sharing Plan covers 281 participants in Illinois, about 36% of the average Illinois filer (state average ~779 per filing). Assets: $12M.

#11,739
in Manufacturing (20,602 peers)
-10.1%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Bag Makers, Inc. 401(k)/Profit Sharing Plan's outsized position by total assets

Bag Makers, Inc. 401(k)/Profit Sharing Plan vs every filed plan by assets

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

$12,101,437 Top 31% higher than 69% 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

Bag Makers, Inc. 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. Bag Makers, Inc. 401(k)/Profit Sharing Plan sits mid-pack in the medium band (281 participants).

Form 5500 schedule snapshot

Filing strip 363160284 · Bag Makers, Inc. PY 2022 · 401(k)

Bag Makers, Inc. 401(k)/Profit Sharing Plan · $12M · 281 · 69th

  • RANK $12M
  • RANK 281
  • RANK 69th
  • RANK 401(k)
  • RANK near Murex Management, Inc. Retirement Savings Plan
  • RANK ind #11739

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 Manufacturing retirement plans → · Plans in Illinois →

Bag Makers, Inc. 401(k)/Profit Sharing Plan in the asset neighbourhood

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End-of-year total assets ($M) among Bag Makers, Inc. 401(k)/Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$12M
Net Income-$1M
Employer EIN363160284
Plan Effective Date1991-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bag Makers, Inc.)

Sponsor-wide plan assets over time

All Bag Makers, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$17M 37.59407250560409% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $12.1M $16.7M ▲ +37.6%
Year Plans Participants Total Assets
2022 1 281 $12M
2023 1 292 $15M
2024 1 334 $17M

Nearby 401(k) Plans in Illinois

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

Bag Makers, Inc. 401(k)/Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Bag Makers, Inc. 401(k)/Profit Sharing Plan, Total assets ($B): 0.012101437 · Participants: 281Bag Makers, Inc. 401(k)/Profit Sharing PlanState Farm 401(k) Savings Plan, Total assets ($B): 14.651519685 · Participants: 53616State Farm 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 14.283954811 · Participants: 66653Accenture United States 401(k) Match and Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 13.333286 · Participants: 36136Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 11.816542826 · Participants: 13437United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 11.682551768 · Participants: 238072Walgreens Retirement Savings Plan
Bag Makers, Inc. 401(k)/Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Bag Makers, Inc. 401(k)/Profit Sharing Plan side-by-side with 3 peers →

Bag Makers, Inc. 401(k)/Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Murex Management, Inc. Retirement Savings Plan in TX ($12M); by covered participants it is Bnccorp, Inc. 401(k) Savings Plan in ND (281 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (281 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 Bag Makers, Inc. 401(k)/Profit Sharing Plan assets move in 2022? ▼
Bag Makers, Inc. 401(k)/Profit Sharing Plan pulled back noticeably - down 10.1% during 2022, from $13M to $12M. Reported net income was -$1M.
How have Bag Makers, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bag Makers, Inc.'s sponsor-wide assets grew 37.6%, from $12M to $17M.
Which 401(k) plans are similar in size to Bag Makers, Inc. 401(k)/Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Murex Management, Inc. Retirement Savings Plan in TX ($12M, 40 participants).
Which 401(k) plans cover a similar participant headcount to Bag Makers, Inc. 401(k)/Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Bnccorp, Inc. 401(k) Savings Plan in ND (281 participants, $38M 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 363160284.

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.