401(k) · DOL Form 5500 · 2024

Unifirst Corporation 401(k) Plan

Data updated 2026-08-11

$554M
Total assets
11,814
Participants
97th
Percentile by assets
$46,906
Avg per participant
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Official DOL plan name: Unifirst Retirement Savings Plan · Sponsored by Unifirst Corporation · Massachusetts · Other Services

$554M in assets, 11,814 participants

Unifirst Corporation's Unifirst Retirement Savings Plan reported $554M in total assets and 11,814 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 123,622 plans)
  • #7,673 in Other Services (7,719 peers)

Coverage in Massachusetts

Unifirst Retirement Savings Plan covers 11,814 participants in Massachusetts, 18x the typical Massachusetts plan (state average ~659 per filing). Assets: $554M.

$554M
total plan assets (2024 EOY)
11,814
covered participants
97th
percentile by assets (of 123,622 plans)
$46,906
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Unifirst Retirement Savings Plan reported net income fell from $58M in the plan year 2023 filing to $44M in the plan year 2024 filing.
  • Unifirst Retirement Savings Plan end-of-year assets rose from $511M in the plan year 2023 filing to $554M in the plan year 2024 filing.
  • Unifirst Retirement Savings Plan reported participants rose from 11,487 in the plan year 2023 filing to 11,814 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Industry

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Unifirst Retirement Savings Plan reports 11,814 participants - 18x that state average ($554M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$511M
Net Assets (End of Year)$554M
Net Income$44M
Employer EIN042103460
Plan Effective Date1959-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Unifirst Corporation)

$400M$450M$500M$550M$600M 202220232024 $455M $557M ▲ +22.2%
Total plan assets by year, all Unifirst Corporation plans on file
Year Plans Participants Total Assets
2022 2 10,586 $455M
2023 2 11,532 $514M
2024 2 11,854 $557M

Nearby 401(k) Plans in Massachusetts

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

Unifirst Retirement Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Unifirst Retirement Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -10010203040 Total assets ($B) Participants Unifirst Retirement …Fidelity Retirement …Liberty Mutual 401(k…Massachusetts Instit…Boston Scientific Co…State Street Salary …
Unifirst Retirement Savings Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Scale composition for Unifirst Retirement Savings Plan

Unifirst Retirement Savings Plan reports $554M in end-of-year assets across 11,814 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $46,906 per participant (34% of the national average assets-per-participant) . Net income for plan year 2024 was $44M.

This plan identity (EIN 042103460, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $452M to $554M (+22.5%) while covered participants moved from 10,533 to 11,814 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 10,533 $452M Open filing
2023 11,487 $511M Open filing
2024 · index core 11,814 $554M This page

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Unifirst Retirement Savings Plan assets move in 2024?
Unifirst Retirement Savings Plan grew at a solid clip - up 8.5% during 2024, from $511M to $554M. Reported net income was $44M.
How have Unifirst Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Unifirst Corporation's sponsor-wide assets grew 22.2%, from $455M to $557M.
Where does Unifirst Retirement Savings Plan rank by assets among Form 5500 filers?
Unifirst Retirement Savings Plan ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Unifirst Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Lord Abbett 401(k) Retirement Plan in NJ ($554M, 789 participants).

Next read for Unifirst Retirement Savings Plan

Filing takeaways

Ways to act on Unifirst Retirement Savings Plan's numbers.