401(k) · DOL Form 5500 · 2023
Penney Opco, LLC 401(k) Plan
Data updated 2026-08-11
- $2.1B
- Total assets
- 45,716
- Participants
- 99th
- Percentile by assets
- $44,956
- Avg per participant
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.
- 99th percentile by assets (of 127,072 plans)
- #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.
- $2.1B
- total plan assets (2023 EOY)
- 45,716
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $44,956
- avg assets per participant
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.
Participants vs Texas filers
In Texas, the average filing covers about 688 participants across 10,116 plans. J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan reports 45,716 participants - 66x that state average ($2.1B EOY assets).
Texas filing particulars
| Total Assets (Beginning of Year) | $1.9B |
|---|---|
| Net Assets (End of Year) | $2.1B |
| Net Income | $184M |
| Employer EIN | 853718114 |
| Plan Effective Date | 2017-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Penney Opco, LLC)
| 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
- AT&T Retirement Savings Plan $40.0B · 119,854
- Exxonmobil Savings Plan $21.9B · 23,477
- Caterpillar 401(k) Savings Plan $16.5B · 41,679
- American Airlines, Inc. 401(k) Plan $14.7B · 88,792
- Dell Inc. 401(k) Plan $13.5B · 45,686
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 (401(k), $2.2B, 44,782 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan by total assets, not by location.
- Wolters Kluwer 401(k) Plan (IL) $2.1B · 8,597
- Global Payments Inc. 401(k) Plan (GA) $2.1B · 14,501
- Cgi Technologies and Solutions, Inc. 401(k) Savings Plan (VA) $2.1B · 12,065
- Nrg Affiliates Employee Savings Plan (NJ) $2.0B · 6,623
Frequently Asked Questions
How did J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan assets move in 2023? ▼
How have Penney Opco, LLC plan assets changed over time? ▼
Where does J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan's numbers.
- By total assets, J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Texas. Compare plans
- Penney Opco, LLC's sponsor-wide assets have grown 16.3% since 2022 across 3 plan years on file. More Retail Trade plans