401(k) · DOL Form 5500 · 2024

Jims Formal Wear Inc 401(k) Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
425
Participants Below avg headcount
79th
Percentile by assets National rank
$76,655
Avg per participant Below avg balance/head
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Official DOL plan name: Jim's Formal Wear Inc 401(k) Profit Sharing Plan · Sponsored by Jims Formal Wear Inc · Illinois · Real Estate

$33M in assets, 425 participants

Jims Formal Wear Inc's Jim's Formal Wear Inc 401(k) Profit Sharing Plan reported $33M in total assets and 425 participants in its 2024 DOL Form 5500 filing, ranking in the 79th 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.

  • #4,158 in Real Estate (4,605 peers)

Where Jim's Formal Wear Inc 401(k) Profit Sharing Plan sits by assets

Jim's Formal Wear Inc 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $33M for 425 participants (~$76,655/participant), up 12.8% in 2024.

#4,158
in Real Estate (4,605 peers)
+12.8%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Jim's Formal Wear Inc 401(k) Profit Sharing Plan's outsized position by total assets

Jim's Formal Wear Inc 401(k) Profit Sharing Plan vs every filed plan by assets

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

$32,578,538 Top 21% higher than 79% 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

Jim's Formal Wear Inc 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Jim's Formal Wear Inc 401(k) Profit Sharing Plan sits mid-pack in the medium band (425 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Jim's Formal Wear Inc 401(k) Profit Sharing Plan reported net income rose from $2M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Jim's Formal Wear Inc 401(k) Profit Sharing Plan end-of-year assets rose from $29M in the plan year 2023 filing to $33M in the plan year 2024 filing.
  • Jim's Formal Wear Inc 401(k) Profit Sharing Plan reported participants rose from 379 in the plan year 2023 filing to 425 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 461233026 · Jims Formal Wear Inc PY 2024 · 401(k)

Jim's Formal Wear Inc 401(k) Profit Sharing Plan · $33M · 425 · 79th

  • PHOTO $33M
  • PHOTO 425
  • PHOTO 79th
  • PHOTO 401(k)
  • PHOTO near Mid-Hudson Valley Federal Credit Union 401(k) Plan
  • PHOTO ind #4158

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 Real Estate retirement plans → · Plans in Illinois →

Jim's Formal Wear Inc 401(k) Profit Sharing Plan in the asset neighbourhood

Jim's Formal Wear Inc 401(k) Profit Sharing PlanJim's Formal Wear Inc 401(k)…$33MMid-Hudson Valley Federal Credit Union 401(k) PlanMid-Hudson Valley Federal Cr…$33MCorsa Coal Napp Division 401(k) Retirement Savings PlanCorsa Coal Napp Division 401…$33MStone Coast Fund Services LLC 401(k) PlanStone Coast Fund Services LL…$33MMattson & Co. 401(k) Savings PlanMattson & Co. 401(k) Savings…$33M
End-of-year total assets ($M) among Jim's Formal Wear Inc 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$33M
Net Income$4M
Employer EIN461233026
Plan Effective Date1972-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Jims Formal Wear Inc)

Sponsor-wide plan assets over time

All Jims Formal Wear Inc plans reported in each filing year

Latest sponsor-wide plan assets
$33M 21.595068058899667% vs 2022
2024 filing year
$26M$28M$30M$32M$34M 202220232024 $27.3M $33.1M ▲ +21.6%
Year Plans Participants Total Assets
2022 1 337 $27M
2023 1 379 $29M
2024 2 831 $33M

Nearby 401(k) Plans in Illinois

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

Jim's Formal Wear Inc 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Jim's Formal Wear Inc 401(k) Profit Sharing Plan, Total assets ($B): 0.032578538 · Participants: 425Jim's Formal Wear Inc 401(k) Profit Sharing PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 21.302643276 · Participants: 66965Accenture United States 401(k) Match and Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 19.010099056 · Participants: 63297State Farm 401(k) Savings PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 16.835964452 · Participants: 16659United Airlines Pilot Retirement Account PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 15.755668 · Participants: 38229Abbott Laboratories Stock Retirement PlanWalgreens Retirement Savings Plan, Total assets ($B): 14.535873337 · Participants: 233635Walgreens Retirement Savings Plan
Jim's Formal Wear Inc 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Jim's Formal Wear Inc 401(k) Profit Sharing Plan side-by-side with 3 peers →

Jim's Formal Wear 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 Mid-Hudson Valley Federal Credit Union 401(k) Plan in NY ($33M); by covered participants it is Mikuni Restaurant Group, Inc. 401(k) Plan in CA (425 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (425 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 Jim's Formal Wear Inc 401(k) Profit Sharing Plan assets move in 2024? ▼
Jim's Formal Wear Inc 401(k) Profit Sharing Plan grew at a solid clip - up 12.8% during 2024, from $29M to $33M. Reported net income was $4M.
How have Jims Formal Wear Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Jims Formal Wear Inc's sponsor-wide assets grew 21.6%, from $27M to $33M.
Where does Jim's Formal Wear Inc 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Jim's Formal Wear Inc 401(k) Profit Sharing Plan ranks in the 79th 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 Jim's Formal Wear Inc 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mid-Hudson Valley Federal Credit Union 401(k) Plan in NY ($33M, 271 participants).
Which 401(k) plans cover a similar participant headcount to Jim's Formal Wear Inc 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mikuni Restaurant Group, Inc. 401(k) Plan in CA (425 participants, $2M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 461233026.

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.