401(k) · DOL Form 5500 · 2023

Sheetz, Inc 401(k) Plan

Data updated 2026-08-11

$670M
Total assets: 15,866
Participants: 98th
Percentile by assets: $42,199
Avg per participant

Official DOL plan name: Sheetz, Inc. 401(k) Retirement Plan · Sponsored by Sheetz, Inc · Pennsylvania · Retail Trade

$670M in assets, 15,866 participants

Sheetz, Inc's Sheetz, Inc. 401(k) Retirement Plan reported $670M in total assets and 15,866 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

98th percentile by assets (of 127,072 plans)
#8,301 in Retail Trade (8,414 peers)

Coverage in Pennsylvania

Sheetz, Inc. 401(k) Retirement Plan covers 15,866 participants in Pennsylvania, 19x the typical Pennsylvania plan (state average ~822 per filing). Assets: $670M.

$670M
total plan assets (2023 EOY): 15,866
covered participants: 98th
percentile by assets (of 127,072 plans): $42,199
avg assets per participant

Sheetz, Inc. 401(k) Retirement Plan reported net income rose from $84M in the plan year 2022 filing to $161M in the plan year 2023 filing.
Sheetz, Inc. 401(k) Retirement Plan end-of-year assets rose from $507M in the plan year 2022 filing to $670M in the plan year 2023 filing.
Sheetz, Inc. 401(k) Retirement Plan reported participants rose from 14,875 in the plan year 2022 filing to 15,866 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Pennsylvania

Industry

Retail Trade

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Sheetz, Inc. 401(k) Retirement Plan reports 15,866 participants - 19x that state average ($670M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)	$507M
Net Assets (End of Year)	$670M
Net Income	$161M
Employer EIN	251202108
Plan Effective Date	1983-10-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Sheetz, Inc)

Total plan assets by year, all Sheetz, Inc plans on file

Year	Plans	Participants	Total Assets
2022	2	27,722	$1.0B
2023	2	29,724	$1.4B
2024	2	32,398	$1.5B

Nearby 401(k) Plans in Pennsylvania

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

Sheetz, Inc. 401(k) Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Comcast Corporation Retirement - Investment Plan $17.4B · 93,136
Cigna 401(k) Plan $13.0B · 66,760
The Vanguard Retirement and Savings Plan $9.8B · 18,200
The PNC Financial Services Group, Inc. Incentive Savings Plan $9.3B · 61,697
The Bank of New York Mellon Corporation 401(k) Savings Plan $9.0B · 25,184

Compare Sheetz, Inc. 401(k) Retirement Plan side-by-side with 3 peers →

Scale composition for Sheetz, Inc. 401(k) Retirement Plan

Sheetz, Inc. 401(k) Retirement Plan reports $670M in end-of-year assets across 15,866 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.017% of 93,925,755 covered participants) - about $42,199 per participant (31% of the national average assets-per-participant) . Net income for plan year 2023 was $161M.

This plan identity (EIN 251202108, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $507M to $778M (+53.4%) while covered participants moved from 14,875 to 17,459 . Single-year sparse filers cannot show that trail.

Plan year	Participants	EOY assets	Filing
2022	14,875	$507M	Open filing
2023	15,866	$670M	This page
2024 · index core	17,459	$778M	Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Sheetz, Inc. 401(k) Retirement Plan (401(k), $778M, 17,459 participants)
Sheetz, Inc. Employee Stock Ownership Plan (ESOP, $721M, 14,939 participants)

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Sheetz, Inc. 401(k) Retirement Plan by total assets, not by location.

Hanford Contractors Multi-Employer Savings Plan for Hamtc Represented Employees (WA) $670M · 3,750
University of Wisconsin Medical Foundation, Inc Employees 401(k)/Profit Sharing Plan (WI) $669M · 3,093
Legrand North America 401(k) Plan (CT) $668M · 3,351
Federated Mutual Insurance Company 401(k) Plan (MN) $671M · 2,776

Frequently Asked Questions

How did Sheetz, Inc. 401(k) Retirement Plan assets move in 2023? ▼

Sheetz, Inc. 401(k) Retirement Plan surged - up 32.0% during 2023, from $507M to $670M. Reported net income was $161M.

How have Sheetz, Inc plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Sheetz, Inc's sponsor-wide assets grew 44.0%, from $1.0B to $1.5B.

Where does Sheetz, Inc. 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼

Sheetz, Inc. 401(k) Retirement Plan ranks in the 98th 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 Sheetz, Inc. 401(k) Retirement Plan? ▼

Among 401(k) plans in other states, the closest by assets is Hanford Contractors Multi-Employer Savings Plan for Hamtc Represented Employees in WA ($670M, 3,750 participants).

Next read for Sheetz, Inc. 401(k) Retirement Plan

Filing takeaways

Ways to act on Sheetz, Inc. 401(k) Retirement Plan's numbers.

By total assets, Sheetz, Inc. 401(k) Retirement 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 Pennsylvania. Compare plans
Sheetz, Inc's sponsor-wide assets have grown 44.0% since 2022 across 3 plan years on file. More Retail Trade plans

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 251202108.