401(k) · DOL Form 5500 · 2023

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

Data updated 2026-08-25

$32M
Total assets Below avg plan size
310
Participants Below avg headcount
80th
Percentile by assets National rank
$101,908
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

$32M in assets, 310 participants

Jersey Mikes Franchise Systems, Inc.'s Jersey Mike's 401(k) Profit Sharing Plan reported $32M in total assets and 310 participants in its 2023 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.

  • #4,315 in Real Estate (4,727 peers)

Coverage in New Jersey

Jersey Mike's 401(k) Profit Sharing Plan covers 310 participants in New Jersey, about 37% of the average New Jersey filer (state average ~844 per filing). Assets: $32M.

#4,315
in Real Estate (4,727 peers)
+33.5%
assets growth YoY
0.3×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$31,591,328 Top 20% higher than 80% 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

Jersey Mike's 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2023 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 (310 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Jersey Mike's 401(k) Profit Sharing Plan reported net income rose from -$2M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Jersey Mike's 401(k) Profit Sharing Plan end-of-year assets rose from $24M in the plan year 2022 filing to $32M in the plan year 2023 filing.
  • Jersey Mike's 401(k) Profit Sharing Plan reported participants fell from 318 in the plan year 2022 filing to 310 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 222815245 · Jersey Mikes Franchise Systems, Inc. PY 2023 · 401(k)

Jersey Mike's 401(k) Profit Sharing Plan · $32M · 310 · 80th

  • RANK $32M
  • RANK 310
  • RANK 80th
  • RANK 401(k)
  • RANK near Gavin De Becker & Associates, L.P 401(k) Plan
  • RANK ind #4315

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

Schaumburg Toyota, Inc. Profit Sharing and 401(k) PlanSchaumburg Toyota, Inc. Prof…$32MAtlas Roofing Corporation 401(k) Profit Sharing Plan for Bargaining Unit EmployeesAtlas Roofing Corporation 40…$32MJersey Mike's 401(k) Profit Sharing PlanJersey Mike's 401(k) Profit …$32MGavin De Becker & Associates, L.P 401(k) PlanGavin De Becker & Associates…$32MMid America Physician Services, LLC 401(k) PlanMid America Physician Servic…$32M
End-of-year total assets ($M) among Jersey Mike's 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$31M
Net Income$8M
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 -1001020304050 Total assets ($B) Participants Jersey Mike's 401(k) Profit Sharing Plan, Total assets ($B): 0.031591328 · Participants: 310Jersey Mike's 401(k) Profit Sharing PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Jersey Mike's 401(k) Profit Sharing Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Jersey Mike's 401(k) Profit Sharing Plan side-by-side with 3 peers →

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 Gavin De Becker & Associates, L.P 401(k) Plan in CA ($32M); by covered participants it is Murphy Employee Profit Sharing and 401(k) Plan in MO (310 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (310 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 Jersey Mike's 401(k) Profit Sharing Plan assets move in 2023? ▼
Jersey Mike's 401(k) Profit Sharing Plan surged - up 33.5% during 2023, from $24M to $32M. Reported net income was $8M.
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 127,072 plans that reported assets for plan year 2023 (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 Gavin De Becker & Associates, L.P 401(k) Plan in CA ($32M, 572 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 Murphy Employee Profit Sharing and 401(k) Plan in MO (310 participants, $67M 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 222815245.

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.