401(k) · DOL Form 5500 · 2023
Transform Midco LLC 401(k) Plan
Data updated 2026-08-11
- $200M
- Total assets
- 6,155
- Participants
- 95th
- Percentile by assets
- $32,552
- Avg per participant
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.
- 95th percentile by assets (of 127,072 plans)
- #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.
- $200M
- total plan assets (2023 EOY)
- 6,155
- covered participants
- 95th
- percentile by assets (of 127,072 plans)
- $32,552
- avg assets per participant
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.
Participants vs Illinois filers
In Illinois, the average filing covers about 779 participants across 5,745 plans. Transform 401(k) Savings Plan reports 6,155 participants - 7.9x that state average ($200M EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $189M |
|---|---|
| Net Assets (End of Year) | $200M |
| Net Income | $12M |
| Employer EIN | 833374195 |
| Plan Effective Date | 2019-06-03 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Transform Midco LLC)
| 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
- Accenture United States 401(k) Match Savings Plan $17.6B · 69,974
- State Farm 401(k) Savings Plan $16.9B · 60,246
- Abbott Laboratories Stock Retirement Plan $14.5B · 38,012
- United Airlines Pilot Retirement Account Plan $14.4B · 14,959
- Walgreens Retirement Savings Plan $13.4B · 235,331
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 #001) has 6 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $189M to $212M (+12.5%) while covered participants moved from 7,655 to 5,777 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,655 | $189M | Open filing |
| 2023 | 6,155 | $200M | This page |
| 2024 | 35,732 | $201M | Open filing |
| 2024 | 29,148 | $232M | Open filing |
| 2024 | 11,711 | $242M | Open filing |
| 2024 · index core | 5,777 | $212M | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Transform 401(k) Savings Plan (401(k), $212M, 5,777 participants)
- Transform 401(k) Savings Plan (401(k), $200M, 6,155 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Transform 401(k) Savings Plan by total assets, not by location.
Frequently Asked Questions
How did Transform 401(k) Savings Plan assets move in 2023? ▼
How have Transform Midco LLC plan assets changed over time? ▼
Where does Transform 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Transform 401(k) Savings Plan? ▼
Next read for Transform 401(k) Savings Plan
Filing takeaways
Ways to act on Transform 401(k) Savings Plan's numbers.
- By total assets, Transform 401(k) Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Illinois. Compare plans
- Transform Midco LLC's sponsor-wide assets have grown 133.6% since 2022 across 3 plan years on file. More Retail Trade plans