401(k) · DOL Form 5500 · 2022

Unifirst Corporation 401(k) Plan

Data updated 2026-08-11

$452M
Total assets
10,533
Participants
98th
Percentile by assets
$42,939
Avg per participant
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Official DOL plan name: Unifirst Retirement Savings Plan · Sponsored by Unifirst Corporation · Massachusetts · Other Services

$452M in assets, 10,533 participants

Unifirst Corporation's Unifirst Retirement Savings Plan reported $452M in total assets and 10,533 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #8,350 in Other Services (8,398 peers)

Coverage in Massachusetts

Unifirst Retirement Savings Plan covers 10,533 participants in Massachusetts, 16x the typical Massachusetts plan (state average ~659 per filing). Assets: $452M.

$452M
total plan assets (2022 EOY)
10,533
covered participants
98th
percentile by assets (of 139,126 plans)
$42,939
avg assets per participant

The plan reported a net loss of $92M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Industry

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Unifirst Retirement Savings Plan reports 10,533 participants - 16x that state average ($452M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$544M
Net Assets (End of Year)$451M
Net Income-$92M
Employer EIN042103460
Plan Effective Date1959-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Unifirst Corporation)

$400M$450M$500M$550M$600M 202220232024 $455M $557M ▲ +22.2%
Total plan assets by year, all Unifirst Corporation plans on file
Year Plans Participants Total Assets
2022 2 10,586 $455M
2023 2 11,532 $514M
2024 2 11,854 $557M

Nearby 401(k) Plans in Massachusetts

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

Unifirst Retirement Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Unifirst Retirement Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 0100002000030000400005000060000 -50510152025 Total assets ($B) Participants Unifirst Retirement …Fidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Philips North Americ…Boston Scientific Co…
Unifirst Retirement Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Scale composition for Unifirst Retirement Savings Plan

Unifirst Retirement Savings Plan reports $452M in end-of-year assets across 10,533 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.011% of 93,925,755 covered participants) - about $42,939 per participant (31% of the national average assets-per-participant) . Net income for plan year 2022 was -$92M.

This plan identity (EIN 042103460, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $452M to $554M (+22.5%) while covered participants moved from 10,533 to 11,814 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 10,533 $452M This page
2023 11,487 $511M Open filing
2024 · index core 11,814 $554M 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 Unifirst Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Unifirst Retirement Savings Plan assets move in 2022?
Unifirst Retirement Savings Plan declined sharply - down 16.8% during 2022, from $544M to $452M. Reported net income was -$92M.
How have Unifirst Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Unifirst Corporation's sponsor-wide assets grew 22.2%, from $455M to $557M.
Where does Unifirst Retirement Savings Plan rank by assets among Form 5500 filers?
Unifirst Retirement Savings Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Unifirst Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Intelsat 401(k) Retirement Savings Plan in VA ($453M, 1,569 participants).

Next read for Unifirst Retirement Savings Plan

Filing takeaways

Ways to act on Unifirst Retirement Savings Plan's numbers.