401(k) · DOL Form 5500 · 2023

Bag Makers, Inc. 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
292
Participants Below avg headcount
67th
Percentile by assets National rank
$50,569
Avg per participant Low balance/head
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Official DOL plan name: Bag Makers, Inc. 401(k)/Profit Sharing Plan · Sponsored by Bag Makers, Inc. · Illinois · Manufacturing

$15M in assets, 292 participants

Bag Makers, Inc.'s Bag Makers, Inc. 401(k)/Profit Sharing Plan reported $15M in total assets and 292 participants in its 2023 DOL Form 5500 filing, ranking in the 67th 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.

  • #10,346 in Manufacturing (18,722 peers)

Coverage in Illinois

Bag Makers, Inc. 401(k)/Profit Sharing Plan covers 292 participants in Illinois, about 37% of the average Illinois filer (state average ~779 per filing). Assets: $15M.

#10,346
in Manufacturing (18,722 peers)
+22.0%
assets growth YoY

Bag Makers, Inc. 401(k)/Profit Sharing Plan's outsized position by total assets

Bag Makers, Inc. 401(k)/Profit Sharing Plan vs every filed plan by assets

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

$14,766,290 Top 33% higher than 67% 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

Bag Makers, Inc. 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. Bag Makers, Inc. 401(k)/Profit Sharing Plan sits mid-pack in the medium band (292 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bag Makers, Inc. 401(k)/Profit Sharing Plan reported net income rose from -$1M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Bag Makers, Inc. 401(k)/Profit Sharing Plan end-of-year assets rose from $12M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • Bag Makers, Inc. 401(k)/Profit Sharing Plan reported participants rose from 281 in the plan year 2022 filing to 292 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 363160284 · Bag Makers, Inc. PY 2023 · 401(k)

Bag Makers, Inc. 401(k)/Profit Sharing Plan · $15M · 292 · 67th

  • BOY $15M
  • SCH 292
  • EBSA 67th
  • PART 401(k)
  • TYPE near Larson-Danielson Construction Co., Inc. Profit Sharing Plan and Trust
  • NET ind #10346

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 Manufacturing retirement plans → · Plans in Illinois →

Bag Makers, Inc. 401(k)/Profit Sharing Plan in the asset neighbourhood

Bag Makers, Inc. 401(k)/Profit Sharing PlanBag Makers, Inc. 401(k)/Prof…$15MLarson-Danielson Construction Co., Inc. Profit Sharing Plan and TrustLarson-Danielson Constructio…$15MSupherb Farms 401(k) Plan$15MUnited Footwear Group Profit Sharing PlanUnited Footwear Group Profit…$15MJrt Mechanical, Inc. Retirement Savings PlanJrt Mechanical, Inc. Retirem…$15M
End-of-year total assets ($M) among Bag Makers, Inc. 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)$12M
Net Assets (End of Year)$15M
Net Income$3M
Employer EIN363160284
Plan Effective Date1991-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bag Makers, Inc.)

Sponsor-wide plan assets over time

All Bag Makers, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$17M 37.59407250560409% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $12.1M $16.7M ▲ +37.6%
Year Plans Participants Total Assets
2022 1 281 $12M
2023 1 292 $15M
2024 1 334 $17M

Nearby 401(k) Plans in Illinois

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

Bag Makers, Inc. 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 ($B) Participants Bag Makers, Inc. 401(k)/Profit Sharing Plan, Total assets ($B): 0.01476629 · Participants: 292Bag Makers, Inc. 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
Bag Makers, Inc. 401(k)/Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Bag Makers, Inc. 401(k)/Profit Sharing Plan side-by-side with 3 peers →

Bag Makers, Inc. 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 Larson-Danielson Construction Co., Inc. Profit Sharing Plan and Trust in IN ($15M); by covered participants it is Hawthorn Bancshares, Inc. Profit Sharing 401(k) Plan in MO (292 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (292 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 Bag Makers, Inc. 401(k)/Profit Sharing Plan assets move in 2023? ▼
Bag Makers, Inc. 401(k)/Profit Sharing Plan grew sharply - up 22.0% during 2023, from $12M to $15M. Reported net income was $3M.
How have Bag Makers, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bag Makers, Inc.'s sponsor-wide assets grew 37.6%, from $12M to $17M.
Which 401(k) plans are similar in size to Bag Makers, Inc. 401(k)/Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Larson-Danielson Construction Co., Inc. Profit Sharing Plan and Trust in IN ($15M, 42 participants).
Which 401(k) plans cover a similar participant headcount to Bag Makers, Inc. 401(k)/Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hawthorn Bancshares, Inc. Profit Sharing 401(k) Plan in MO (292 participants, $45M 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 363160284.

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.