401(k) · DOL Form 5500 · 2023

Jims Formal Wear LLC 401(k) Plan

Data updated 2026-08-25

$29M
Total assets Below avg plan size
379
Participants Below avg headcount
79th
Percentile by assets National rank
$76,187
Avg per participant Below avg balance/head
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Official DOL plan name: Jim's Formal Wear LLC 401(k) Profit Sharing Plan · Sponsored by Jims Formal Wear LLC · Illinois · Real Estate

$29M in assets, 379 participants

Jims Formal Wear LLC's Jim's Formal Wear LLC 401(k) Profit Sharing Plan reported $29M in total assets and 379 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #4,282 in Real Estate (4,727 peers)

Coverage in Illinois

Jim's Formal Wear LLC 401(k) Profit Sharing Plan covers 379 participants in Illinois, about 49% of the average Illinois filer (state average ~779 per filing). Assets: $29M.

#4,282
in Real Estate (4,727 peers)
+6.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Jim's Formal Wear LLC 401(k) Profit Sharing Plan's outsized position by total assets

Jim's Formal Wear LLC 401(k) Profit Sharing Plan vs every filed plan by assets

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

$28,874,739 Top 21% higher than 79% 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

Jim's Formal Wear LLC 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. Jim's Formal Wear LLC 401(k) Profit Sharing Plan sits mid-pack in the medium band (379 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Jim's Formal Wear LLC 401(k) Profit Sharing Plan reported net income rose from -$8M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Jim's Formal Wear LLC 401(k) Profit Sharing Plan reported participants rose from 337 in the plan year 2022 filing to 379 in the plan year 2023 filing.
  • Jim's Formal Wear LLC 401(k) Profit Sharing Plan end-of-year assets rose from $27M in the plan year 2022 filing to $29M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 461233026 · Jims Formal Wear LLC PY 2023 · 401(k)

Jim's Formal Wear LLC 401(k) Profit Sharing Plan · $29M · 379 · 79th

  • IND $29M
  • IND 379
  • IND 79th
  • IND 401(k)
  • IND near Sioux Falls Specialty Hospital 401(k) Retirement Plan
  • IND ind #4282

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 Illinois →

Jim's Formal Wear LLC 401(k) Profit Sharing Plan in the asset neighbourhood

Sioux Falls Specialty Hospital 401(k) Retirement PlanSioux Falls Specialty Hospit…$29MJupiter I, L.L.C. 401(k) Plan$29MJim's Formal Wear LLC 401(k) Profit Sharing PlanJim's Formal Wear LLC 401(k)…$29MGrace LLC 401(k) Plan$29MDavid Zwirner Inc 401(k) Profit Sharing Plan & TrustDavid Zwirner Inc 401(k) Pro…$29M
End-of-year total assets ($M) among Jim's Formal Wear LLC 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$29M
Net Income$2M
Employer EIN461233026
Plan Effective Date1972-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Jims Formal Wear LLC)

Sponsor-wide plan assets over time

All Jims Formal Wear LLC plans reported in each filing year

Latest sponsor-wide plan assets
$33M 21.595068058899667% vs 2022
2024 filing year
$26M$28M$30M$32M$34M 202220232024 $27.3M $33.1M ▲ +21.6%
Year Plans Participants Total Assets
2022 1 337 $27M
2023 1 379 $29M
2024 2 831 $33M

Nearby 401(k) Plans in Illinois

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

Jim's Formal Wear LLC 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Jim's Formal Wear LLC 401(k) Profit Sharing Plan, Total assets ($B): 0.028874739 · Participants: 379Jim's Formal Wear LLC 401(k) Profit Sharing PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Jim's Formal Wear LLC 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Jim's Formal Wear LLC 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Sioux Falls Specialty Hospital 401(k) Retirement Plan in SD ($29M); by covered participants it is Excelsior Defense Inc Retirement Plan in FL (379 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($29M here).

Similar participant headcount

Nearest other-state filings by covered participants (379 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 Jim's Formal Wear LLC 401(k) Profit Sharing Plan assets move in 2023?
Jim's Formal Wear LLC 401(k) Profit Sharing Plan grew at a solid clip - up 6.0% during 2023, from $27M to $29M. Reported net income was $2M.
How have Jims Formal Wear LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Jims Formal Wear LLC's sponsor-wide assets grew 21.6%, from $27M to $33M.
Where does Jim's Formal Wear LLC 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Jim's Formal Wear LLC 401(k) Profit Sharing Plan ranks in the 79th 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 Jim's Formal Wear LLC 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Sioux Falls Specialty Hospital 401(k) Retirement Plan in SD ($29M, 352 participants).
Which 401(k) plans cover a similar participant headcount to Jim's Formal Wear LLC 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Excelsior Defense Inc Retirement Plan in FL (379 participants, $2M in assets).