401(k) · DOL Form 5500 · 2024

Penney Opco, LLC 401(k) Plan

Data updated 2026-08-25

$2.2B
Total assets Very large vs avg
44,782
Participants Very large workforce
99th
Percentile by assets National rank
$48,595
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan · Sponsored by Penney Opco, LLC · Texas · Retail Trade

$2.2B in assets, 44,782 participants

Penney Opco, LLC's J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan reported $2.2B in total assets and 44,782 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • #8,011 in Retail Trade (8,048 peers)

Coverage in Texas

J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan covers 44,782 participants in Texas, 65x the typical Texas plan (state average ~688 per filing). Assets: $2.2B.

#8,011
in Retail Trade (8,048 peers)
+5.9%
assets growth YoY
22×
vs typical plan assets (national mean)

J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan's outsized position by total assets

J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan vs every filed plan by assets

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

$2,176,167,000 Top 1% higher than 99% 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

J. C. Penney Corporation, Inc. Safe Harbor 401(k) 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. J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan is a mega filing (44,782 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan reported net income fell from $184M in the plan year 2023 filing to $115M in the plan year 2024 filing.
  • J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan end-of-year assets rose from $2.1B in the plan year 2023 filing to $2.2B in the plan year 2024 filing.
  • J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan reported participants fell from 45,716 in the plan year 2023 filing to 44,782 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 853718114 · Penney Opco, LLC PY 2024 · 401(k)

J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan · $2.2B · 44,782 · 99th

  • 5500 $2.2B
  • ASSETS 44,782
  • PCT 99th
  • EIN 401(k)
  • RANK near Bnp Paribas 401(k) Savings Plan
  • PHOTO ind #8011

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 Texas →

J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan in the asset neighbourhood

J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings PlanJ. C. Penney Corporation, In…$2.2BBnp Paribas 401(k) Savings PlanBnp Paribas 401(k) Savings P…$2.2BPublic Service Enterprise Group Inc. Employee Savings PlanPublic Service Enterprise Gr…$2.2BHntb Ownership Plan$2.2BGarmin International, Inc. Retirement PlanGarmin International, Inc. R…$2.2B
End-of-year total assets ($B) among J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$2.1B
Net Assets (End of Year)$2.2B
Net Income$115M
Employer EIN853718114
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Penney Opco, LLC)

Sponsor-wide plan assets over time

All Penney Opco, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$2.2B 16.288490887871443% vs 2022
2024 filing year
$1.8B$1.9B$2B$2.1B$2.2B$2.3B 202220232024 $1.87B $2.18B ▲ +16.6%
Year Plans Participants Total Assets
2022 1 45,500 $1.9B
2023 1 45,716 $2.1B
2024 1 44,782 $2.2B

Nearby 401(k) Plans in Texas

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

J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000120000 01020304050 Total assets ($B) Participants J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan, Total assets ($B): 2.176167 · Participants: 44782J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan side-by-side with 3 peers →

Scale composition for J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan

J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan reports $2.2B in end-of-year assets across 44,782 participants (0.018% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.048% of 93,925,755 covered participants) - about $48,595 per participant (35% of the national average assets-per-participant) . Net income for plan year 2024 was $115M.

This plan identity (EIN 853718114, plan #006) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.9B to $2.2B (+16.3%) while covered participants moved from 45,500 to 44,782 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 45,500 $1.9B Open filing
2023 45,716 $2.1B Open filing
2024 · index core 44,782 $2.2B This page

J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Bnp Paribas 401(k) Savings Plan in NY ($2.2B); by covered participants it is Capital One Financial Corporation Associate Savings Plan in VA (44,933 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (44,782 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 J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan assets move in 2024? ▼
J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan grew at a solid clip - up 5.9% during 2024, from $2.1B to $2.2B. Reported net income was $115M.
How have Penney Opco, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Penney Opco, LLC's sponsor-wide assets grew 16.3%, from $1.9B to $2.2B.
Where does J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bnp Paribas 401(k) Savings Plan in NY ($2.2B, 3,617 participants).
Which 401(k) plans cover a similar participant headcount to J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Capital One Financial Corporation Associate Savings Plan in VA (44,933 participants, $12.0B 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 853718114.

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.