401(k) · DOL Form 5500 · 2024

Penney Opco, LLC 401(k) Plan

Data updated 2026-08-06

$2.2B
Total assets
44,782
Participants
99th
Percentile by assets
$48,595
Avg per participant
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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.

  • 99th percentile by assets (of 116,472 plans)
  • #7,586 in Retail Trade (7,620 peers)

Coverage in Texas

J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan covers 44,782 participants in Texas, 64x the typical Texas plan (state average ~704 per filing). Assets: $2.2B.

$2.2B
total plan assets (2024 EOY)
44,782
covered participants
99th
percentile by assets (of 116,472 plans)
$48,595
avg assets per participant

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 →

State
Industry

Participants vs Texas filers

In Texas, the average filing covers about 704 participants across 9,718 plans. J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan reports 44,782 participants - 64x that state average ($2.2B EOY assets).

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)

$1.8B$1.9B$2B$2.1B$2.2B$2.3B 202220232024 $1.87B $2.18B ▲ +16.6%
Total plan assets by year, all Penney Opco, LLC plans on file
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

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 Corpora…AT&T Retirement Savi…Exxonmobil Savings P…Chevron Employee Sav…Caterpillar 401(k) S…Southwest Airlines C…
J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

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 (0.019% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.050% of 89,805,449 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

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan by total assets, not by location.

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 116,472 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).

Next read for J. C. Penney Corporation, Inc. Safe Harb…

Filing takeaways

Ways to act on J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan's numbers.

  • By total assets, J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Texas. Compare plans
  • Penney Opco, LLC's sponsor-wide assets have grown 16.3% since 2022 across 3 plan years on file. More Retail Trade plans