401(k) · DOL Form 5500 · 2023

Penney Opco, LLC 401(k) Plan

Data updated 2026-08-25

$2.1B
Total assets Very large vs avg
45,716
Participants Very large workforce
99th
Percentile by assets National rank
$44,956
Avg per participant Low balance/head
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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

$2.1B in assets, 45,716 participants

Penney Opco, LLC's J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan reported $2.1B in total assets and 45,716 participants in its 2023 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.

  • #8,378 in Retail Trade (8,414 peers)

Coverage in Texas

J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan covers 45,716 participants in Texas, 66x the typical Texas plan (state average ~688 per filing). Assets: $2.1B.

#8,378
in Retail Trade (8,414 peers)
+9.8%
assets growth YoY
21×
vs typical plan assets (national mean)

J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan's outsized position by total assets

J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan vs every filed plan by assets

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

$2,055,193,000 Top 1% higher than 99% 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

J. C. Penney Corporation, Inc. Safe Harbor 401(k) 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. J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan is a mega filing (45,716 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan reported net income rose from -$383M in the plan year 2022 filing to $184M in the plan year 2023 filing.
  • J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan end-of-year assets rose from $1.9B in the plan year 2022 filing to $2.1B in the plan year 2023 filing.
  • J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan reported participants rose from 45,500 in the plan year 2022 filing to 45,716 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 853718114 · Penney Opco, LLC PY 2023 · 401(k)

J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan · $2.1B · 45,716 · 99th

  • IND $2.1B
  • EOY 45,716
  • 5500 99th
  • ASSETS 401(k)
  • PCT near Wolters Kluwer 401(k) Plan
  • EIN ind #8378

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 Retail Trade retirement plans → · Plans in Texas →

J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan in the asset neighbourhood

J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings PlanJ. C. Penney Corporation, In…$2.1BCgi Technologies and Solutions, Inc. 401(k) Savings PlanCgi Technologies and Solutio…$2.1BWolters Kluwer 401(k) Plan$2.1BGlobal Payments Inc. 401(k) PlanGlobal Payments Inc. 401(k) …$2.1BNrg Affiliates Employee Savings PlanNrg Affiliates Employee Savi…$2.0B
End-of-year total assets ($B) among J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$1.9B
Net Assets (End of Year)$2.1B
Net Income$184M
Employer EIN853718114
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Penney Opco, LLC)

Sponsor-wide plan assets over time

All Penney Opco, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$2.2B 16.288490887871443% vs 2022
2024 filing year
$1.8B$1.9B$2B$2.1B$2.2B$2.3B 202220232024 $1.87B $2.18B ▲ +16.6%
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 Scatter plot of 6 data points. 050000100000150000 01020304050 Total assets ($B) Participants J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan, Total assets ($B): 2.055193 · Participants: 45716J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell 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 Harbor 401(k) Savings Plan 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 $2.1B in end-of-year assets across 45,716 participants (0.017% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.049% of 93,925,755 covered participants) - about $44,956 per participant (33% of the national average assets-per-participant) . Net income for plan year 2023 was $184M.

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 Open filing
2023 45,716 $2.1B This page
2024 · index core 44,782 $2.2B Open filing

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

J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Wolters Kluwer 401(k) Plan in IL ($2.1B); by covered participants it is Humana Retirement Savings Plan in KY (45,938 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.1B here).

Similar participant headcount

Nearest other-state filings by covered participants (45,716 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 J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan assets move in 2023? ▼
J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan grew at a solid clip - up 9.8% during 2023, from $1.9B to $2.1B. Reported net income was $184M.
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 127,072 plans that reported assets for plan year 2023 (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 Wolters Kluwer 401(k) Plan in IL ($2.1B, 8,597 participants).
Which 401(k) plans cover a similar participant headcount to J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Humana Retirement Savings Plan in KY (45,938 participants, $7.4B 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 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.