401(k) · DOL Form 5500 · 2023

Transform Midco LLC 401(k) Plan

Data updated 2026-08-25

$200M
Total assets Near avg plan size
6,155
Participants Above avg headcount
95th
Percentile by assets National rank
$32,552
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Transform 401(k) Savings Plan · Sponsored by Transform Midco LLC · Illinois · Retail Trade

$200M in assets, 6,155 participants

Transform Midco LLC's Transform 401(k) Savings Plan reported $200M in total assets and 6,155 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #8,164 in Retail Trade (8,414 peers)

Coverage in Illinois

Transform 401(k) Savings Plan covers 6,155 participants in Illinois, 7.9x the typical Illinois plan (state average ~779 per filing). Assets: $200M.

#8,164
in Retail Trade (8,414 peers)
+6.3%
assets growth YoY
2.0×
vs typical plan assets (national mean)

Transform 401(k) Savings Plan's outsized position by total assets

Transform 401(k) Savings Plan vs every filed plan by assets

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

$200,355,465 Top 5% higher than 95% 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

Transform 401(k) Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Transform 401(k) Savings Plan lands in the large band (6,155 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Transform 401(k) Savings Plan reported net income rose from -$53M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Transform 401(k) Savings Plan reported participants fell from 7,655 in the plan year 2022 filing to 6,155 in the plan year 2023 filing.
  • Transform 401(k) Savings Plan end-of-year assets rose from $189M in the plan year 2022 filing to $200M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 833374195 · Transform Midco LLC PY 2023 · 401(k)

Transform 401(k) Savings Plan · $200M · 6,155 · 95th

  • PCT $200M
  • PCT 6,155
  • PCT 95th
  • PCT 401(k)
  • PCT near Rosebud Mining Company 401(k) Plan
  • PCT ind #8164

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 Illinois →

Transform 401(k) Savings Plan in the asset neighbourhood

International Association of Sheet Metal, Air,Rail and Transportation Workers (Smart) Local Union No.International Association of…$200MRosebud Mining Company 401(k) PlanRosebud Mining Company 401(k…$200MTransform 401(k) Savings Plan$200MBlue Cross of Idaho Health Service, Inc. 401(k) PlanBlue Cross of Idaho Health S…$200MDaugherty Systems, Inc. 401(k) PlanDaugherty Systems, Inc. 401(…$200M
End-of-year total assets ($M) among Transform 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$189M
Net Assets (End of Year)$200M
Net Income$12M
Employer EIN833374195
Plan Effective Date2019-06-03
Filing StatusFILING RECEIVED

Sponsor Plan History (Transform Midco LLC)

Sponsor-wide plan assets over time

All Transform Midco LLC plans reported in each filing year

Latest sponsor-wide plan assets
$887M 133.6266775457704% vs 2022
2024 filing year
$200M$400M$600M$800M$1,000M 202220232024 $380M $887M ▲ +133.6%
Year Plans Participants Total Assets
2022 3 15,593 $379M
2023 2 12,310 $401M
2024 4 82,368 $887M

Nearby 401(k) Plans in Illinois

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

Transform 401(k) Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Transform 401(k) Savings Plan, Total assets ($B): 0.200355465 · Participants: 6155Transform 401(k) Savings 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
Transform 401(k) Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Transform 401(k) Savings Plan side-by-side with 3 peers →

Scale composition for Transform 401(k) Savings Plan

Transform 401(k) Savings Plan reports $200M in end-of-year assets across 6,155 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $32,552 per participant (24% of the national average assets-per-participant) . Net income for plan year 2023 was $12M.

This plan identity (EIN 833374195, plan #002) has 2 Form 5500 filings on file from 2022 to 2023 , with end-of-year assets moving from $189M to $200M (+6.3%) while covered participants moved from 7,655 to 6,155 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,655 $189M Open filing
2023 · index core 6,155 $200M This page

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

Transform 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Rosebud Mining Company 401(k) Plan in PA ($200M); by covered participants it is Spring Education Group 401(k) Retirement Plan in PA (6,155 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (6,155 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 Transform 401(k) Savings Plan assets move in 2023? ▼
Transform 401(k) Savings Plan grew at a solid clip - up 6.3% during 2023, from $189M to $200M. Reported net income was $12M.
How have Transform Midco LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Transform Midco LLC's sponsor-wide assets grew 133.6%, from $379M to $887M.
Where does Transform 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Transform 401(k) Savings Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Transform 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Rosebud Mining Company 401(k) Plan in PA ($200M, 902 participants).
Which 401(k) plans cover a similar participant headcount to Transform 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Spring Education Group 401(k) Retirement Plan in PA (6,155 participants, $182M 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 833374195.

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.