401(k) · DOL Form 5500 · 2023

Unifirst Corporation 401(k) Plan

Data updated 2026-08-25

$511M
Total assets Above avg plan size
11,487
Participants Very large workforce
97th
Percentile by assets National rank
$44,461
Avg per participant Low balance/head
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Official DOL plan name: Unifirst Retirement Savings Plan · Sponsored by Unifirst Corporation · Massachusetts · Other Services

$511M in assets, 11,487 participants

Unifirst Corporation's Unifirst Retirement Savings Plan reported $511M in total assets and 11,487 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #7,812 in Other Services (7,857 peers)

Coverage in Massachusetts

Unifirst Retirement Savings Plan covers 11,487 participants in Massachusetts, 17x the typical Massachusetts plan (state average ~659 per filing). Assets: $511M.

#7,812
in Other Services (7,857 peers)
+12.9%
assets growth YoY
5.1×
vs typical plan assets (national mean)

Unifirst Retirement Savings Plan's outsized position by total assets

Unifirst Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$510,723,081 Top 3% higher than 97% of 127,068 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 2023

Unifirst Retirement Savings Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Unifirst Retirement Savings Plan is a mega filing (11,487 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Unifirst Retirement Savings Plan reported net income rose from -$92M in the plan year 2022 filing to $58M in the plan year 2023 filing.
  • Unifirst Retirement Savings Plan end-of-year assets rose from $452M in the plan year 2022 filing to $511M in the plan year 2023 filing.
  • Unifirst Retirement Savings Plan reported participants rose from 10,533 in the plan year 2022 filing to 11,487 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 042103460 · Unifirst Corporation PY 2023 · 401(k)

Unifirst Retirement Savings Plan · $511M · 11,487 · 97th

  • BOY $511M
  • BOY 11,487
  • BOY 97th
  • BOY 401(k)
  • BOY near Zeta Associates Incorporated Savings Plan
  • BOY ind #7812

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 Other Services retirement plans → · Plans in Massachusetts →

Unifirst Retirement Savings Plan in the asset neighbourhood

Sound Physicians 401(k) Plan$511MAaa Club Alliance Inc. 401(k) Retirement Savings PlanAaa Club Alliance Inc. 401(k…$511MMacmillan Retirement Savings PlanMacmillan Retirement Savings…$511MUnifirst Retirement Savings PlanUnifirst Retirement Savings …$511MZeta Associates Incorporated Savings PlanZeta Associates Incorporated…$511M
End-of-year total assets ($M) among Unifirst Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$452M
Net Assets (End of Year)$510M
Net Income$58M
Employer EIN042103460
Plan Effective Date1959-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Unifirst Corporation)

Sponsor-wide plan assets over time

All Unifirst Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$557M 22.23738557035972% vs 2022
2024 filing year
$400M$450M$500M$550M$600M 202220232024 $455M $557M ▲ +22.2%
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 Scatter plot of 6 data points. 020000400006000080000 -10010203040 Total assets ($B) Participants Unifirst Retirement Savings Plan, Total assets ($B): 0.510723081 · Participants: 11487Unifirst Retirement Savings PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Unifirst Retirement Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Unifirst Retirement Savings Plan side-by-side with 3 peers →

Scale composition for Unifirst Retirement Savings Plan

Unifirst Retirement Savings Plan reports $511M in end-of-year assets across 11,487 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $44,461 per participant (32% of the national average assets-per-participant) . Net income for plan year 2023 was $58M.

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 Open filing
2023 11,487 $511M This page
2024 · index core 11,814 $554M Open filing

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

Unifirst Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Zeta Associates Incorporated Savings Plan in VA ($511M); by covered participants it is Taylor Fresh Foods, Inc. 401(k) Plan in CA (11,487 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($511M here).

Similar participant headcount

Nearest other-state filings by covered participants (11,487 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Unifirst Retirement Savings Plan assets move in 2023? ▼
Unifirst Retirement Savings Plan grew at a solid clip - up 12.9% during 2023, from $452M to $511M. Reported net income was $58M.
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 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (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 Zeta Associates Incorporated Savings Plan in VA ($511M, 488 participants).
Which 401(k) plans cover a similar participant headcount to Unifirst Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Taylor Fresh Foods, Inc. 401(k) Plan in CA (11,487 participants, $281M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 042103460.

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.