401(k) · DOL Form 5500 · 2024

Five Below, Inc. 401(k) Plan

Data updated 2026-08-25

$88M
Total assets Below avg plan size
15,588
Participants Very large workforce
89th
Percentile by assets National rank
$5,631
Avg per participant Low balance/head
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Official DOL plan name: Five Below 401(k) Retirement Savings Plan · Sponsored by Five Below, Inc. · Pennsylvania · Retail Trade

$88M in assets, 15,588 participants

Five Below, Inc.'s Five Below 401(k) Retirement Savings Plan reported $88M in total assets and 15,588 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,575 in Retail Trade (8,048 peers)

Coverage in Pennsylvania

Five Below 401(k) Retirement Savings Plan covers 15,588 participants in Pennsylvania, 19x the typical Pennsylvania plan (state average ~822 per filing). Assets: $88M.

#7,575
in Retail Trade (8,048 peers)
+23.7%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Five Below 401(k) Retirement Savings Plan's outsized position by total assets

Five Below 401(k) Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$87,773,243 Top 11% higher than 89% of 123,620 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 2024

Five Below 401(k) Retirement Savings Plan's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Five Below 401(k) Retirement Savings Plan is a mega filing (15,588 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Five Below 401(k) Retirement Savings Plan reported participants rose from 12,520 in the plan year 2023 filing to 15,588 in the plan year 2024 filing.
  • Five Below 401(k) Retirement Savings Plan end-of-year assets rose from $71M in the plan year 2023 filing to $88M in the plan year 2024 filing.
  • Five Below 401(k) Retirement Savings Plan reported net income fell from $21M in the plan year 2023 filing to $17M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 753000378 · Five Below, Inc. PY 2024 · 401(k)

Five Below 401(k) Retirement Savings Plan · $88M · 15,588 · 89th

  • BOOK $88M
  • VS-ST 15,588
  • BOY 89th
  • SCH 401(k)
  • EBSA near Tpusa 401(k) Plan
  • PART ind #7575

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 Pennsylvania →

Five Below 401(k) Retirement Savings Plan in the asset neighbourhood

Ironwood Pharmaceuticals, Inc. 401(k) Savings PlanIronwood Pharmaceuticals, In…$88MFive Below 401(k) Retirement Savings PlanFive Below 401(k) Retirement…$88MTpusa 401(k) Plan$88MDavis Selected Advisers, L.P. 401(k) PlanDavis Selected Advisers, L.P…$88MStrada Education Foundation, Inc. Savings Investment PlanStrada Education Foundation,…$88M
End-of-year total assets ($M) among Five Below 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$71M
Net Assets (End of Year)$88M
Net Income$17M
Employer EIN753000378
Plan Effective Date2007-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Five Below, Inc.)

Sponsor-wide plan assets over time

All Five Below, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$88M 74.39758262925172% vs 2022
2024 filing year
$40M$60M$80M$100M 202220232024 $50.3M $87.8M ▲ +74.4%
Year Plans Participants Total Assets
2022 1 13,594 $50M
2023 1 12,520 $71M
2024 1 15,588 $88M

Nearby 401(k) Plans in Pennsylvania

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

Five Below 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 -50510152025 Total assets ($B) Participants Five Below 401(k) Retirement Savings Plan, Total assets ($B): 0.087773243 · Participants: 15588Five Below 401(k) Retirement Savings PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 19.687957793 · Participants: 90495Comcast Corporation Retirement - Investment PlanThe Cigna Group 401(k) Plan, Total assets ($B): 14.20308608 · Participants: 63634The Cigna Group 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 11.084818612 · Participants: 18066The Vanguard Retirement and Savings PlanThermo Fisher Scientific Inc. 401(k) Retirement Plan, Total assets ($B): 10.263366209 · Participants: 36150Thermo Fisher Scientific Inc. 401(k) Retirement PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 10.189629 · Participants: 54604The PNC Financial Services Group, Inc. Incentive Savings Plan
Five Below 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Scale composition for Five Below 401(k) Retirement Savings Plan

Five Below 401(k) Retirement Savings Plan reports $88M in end-of-year assets across 15,588 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.017% of 93,925,755 covered participants) - about $5,631 per participant (4% of the national average assets-per-participant) . Net income for plan year 2024 was $17M.

This plan identity (EIN 753000378, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $50M to $88M (+74.4%) while covered participants moved from 13,594 to 15,588 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 13,594 $50M Open filing
2023 12,520 $71M Open filing
2024 · index core 15,588 $88M This page

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

Outside Pennsylvania, the nearest 401(k) by assets is Tpusa 401(k) Plan in UT ($88M); by covered participants it is Coca-Cola Consolidated, Inc. 401(k) Plan in NC (15,589 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($88M here).

Similar participant headcount

Nearest other-state filings by covered participants (15,588 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Five Below 401(k) Retirement Savings Plan assets move in 2024?
Five Below 401(k) Retirement Savings Plan grew sharply - up 23.7% during 2024, from $71M to $88M. Reported net income was $17M.
How have Five Below, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Five Below, Inc.'s sponsor-wide assets grew 74.4%, from $50M to $88M.
Where does Five Below 401(k) Retirement Savings Plan rank by assets among Form 5500 filers?
Five Below 401(k) Retirement Savings Plan ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Five Below 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Tpusa 401(k) Plan in UT ($88M, 21,058 participants).
Which 401(k) plans cover a similar participant headcount to Five Below 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Coca-Cola Consolidated, Inc. 401(k) Plan in NC (15,589 participants, $1.1B in assets).