ESOP · DOL Form 5500 · 2024
Jim's Formal Wear LLC ESOP
Data updated 2026-08-25
- $559K
- Total assets Small plan by assets
- 406
- Participants Below avg headcount
- 19th
- Percentile by assets National rank
- $1,378
- Avg per participant Low balance/head
Official DOL plan name: Jim's Formal Wear Employee Stock Ownership Plan · Sponsored by Jim's Formal Wear LLC · Illinois · Real Estate
$559K in assets, 406 participants
Jim's Formal Wear LLC's Jim's Formal Wear Employee Stock Ownership Plan reported $559K in total assets and 406 participants in its 2024 DOL Form 5500 filing, ranking in the 19th 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.
- #1,465 in Real Estate (4,605 peers)
Jim's Formal Wear LLC multi-year trail
Jim's Formal Wear LLC's plans moved +21.6% in assets from 2022 to 2024; this filing shows Jim's Formal Wear Employee Stock Ownership Plan at $559K / 406 participants.
- #1,465
- in Real Estate (4,605 peers)
- -$4M
- reported net income
The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Jim's Formal Wear Employee Stock Ownership Plan among the smaller filed plans by assets
Jim's Formal Wear Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$559,423 19th percentile higher than 19% of 123,620 filed plans
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 Employee Stock Ownership 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 Employee Stock Ownership Plan sits mid-pack in the medium band (406 participants).
Plan-year Form 5500 strip
Filing strip 461233026 · Jim's Formal Wear LLC PY 2024 · ESOP
Jim's Formal Wear Employee Stock Ownership Plan · $559K · 406 · 19th
- VS-ST $559K
- VS-ST 406
- VS-ST 19th
- VS-ST ESOP
- VS-ST near Ritta & Associates, Inc. Employees Stock Ownership Plan & Trust
- VS-ST ind #1465
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 What is an ESOP? → · Plans in Illinois →
Jim's Formal Wear Employee Stock Ownership Plan in the asset neighbourhood
Jim's Formal Wear LLC multi-year asset trail
Sponsor-wide plan assets over time
All Jim's Formal Wear LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $33M 21.595068058899667% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 337 | $27M |
| 2023 | 1 | 379 | $29M |
| 2024 | 2 | 831 | $33M |
Jim's Formal Wear LLC filing trail (2024)
| Total Assets (Beginning of Year) | N/A |
|---|---|
| Net Assets (End of Year) | -$4M |
| Net Income | -$4M |
| Employer EIN | 461233026 |
| Plan Effective Date | 2024-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Illinois
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Amsted Industries Incorporated Employees' Stock Ownership Plan $3.7B · 4,909
- Kehe Distributors, Inc. Employee Stock Ownership Plan $2.2B · 4,815
- Scot Forge Company Employee Stock Ownership Plan $1.4B · 491
- Bdo USA Employee Stock Ownership Plan $1.1B · 9,258
- Shorr Paper Products, Inc. Employee Stock Ownership Plan $430M · 543
Jim's Formal Wear Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Illinois, the nearest ESOP by assets is Ritta & Associates, Inc. Employees Stock Ownership Plan & Trust in NJ ($560K); by covered participants it is Besser Company Employee Stock Ownership Plan in MI (406 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($559K here).
Similar participant headcount
Nearest other-state filings by covered participants (406 participants); asset peers above are excluded.
- Besser Company Employee Stock Ownership Plan (MI) 406 · 0 off
- Iecp Employee Stock Ownership Plan (CA) 406 · 0 off
- Small Mine Development Employee Stock Ownership Plan (ID) 405 · 1 off
- Porterville Citrus, Inc. Employee Stock Ownership Plan (CA) 405 · 1 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.