401(k) · DOL Form 5500 · 2024

Bag Makers, Inc. 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
334
Participants Below avg headcount
67th
Percentile by assets National rank
$49,853
Avg per participant Low balance/head
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Official DOL plan name: Bag Makers, Inc. 401(k)/Profit Sharing Plan · Sponsored by Bag Makers, Inc. · Illinois · Manufacturing

$17M in assets, 334 participants

Bag Makers, Inc.'s Bag Makers, Inc. 401(k)/Profit Sharing Plan reported $17M in total assets and 334 participants in its 2024 DOL Form 5500 filing, ranking in the 67th 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.

  • #9,809 in Manufacturing (17,777 peers)

Coverage in Illinois

Bag Makers, Inc. 401(k)/Profit Sharing Plan covers 334 participants in Illinois, about 43% of the average Illinois filer (state average ~779 per filing). Assets: $17M.

#9,809
in Manufacturing (17,777 peers)
+12.8%
assets growth YoY

Bag Makers, Inc. 401(k)/Profit Sharing Plan's outsized position by total assets

Bag Makers, Inc. 401(k)/Profit Sharing Plan vs every filed plan by assets

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

$16,650,860 Top 33% higher than 67% 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

Bag Makers, 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. Bag Makers, Inc. 401(k)/Profit Sharing Plan sits mid-pack in the medium band (334 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bag Makers, Inc. 401(k)/Profit Sharing Plan reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Bag Makers, Inc. 401(k)/Profit Sharing Plan reported participants rose from 292 in the plan year 2023 filing to 334 in the plan year 2024 filing.
  • Bag Makers, Inc. 401(k)/Profit Sharing Plan end-of-year assets rose from $15M in the plan year 2023 filing to $17M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 363160284 · Bag Makers, Inc. PY 2024 · 401(k)

Bag Makers, Inc. 401(k)/Profit Sharing Plan · $17M · 334 · 67th

  • EIN $17M
  • RANK 334
  • PHOTO 67th
  • IND 401(k)
  • EOY near Chiesa Shahinian & Giantomasi PC Salary Savings Plan (I)
  • 5500 ind #9809

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 Manufacturing retirement plans → · Plans in Illinois →

Bag Makers, Inc. 401(k)/Profit Sharing Plan in the asset neighbourhood

Bag Makers, Inc. 401(k)/Profit Sharing PlanBag Makers, Inc. 401(k)/Prof…$17MChiesa Shahinian & Giantomasi PC Salary Savings Plan (I)Chiesa Shahinian & Giantomas…$17MWilson Lumber Company, Inc. 401(k) Profit Sharing PlanWilson Lumber Company, Inc. …$17MPro-Tech Design & Manufacturing, Inc. 401(k) PlanPro-Tech Design & Manufactur…$17MAncon Construction Co., Inc. Employee Stock Ownership and Salary Deferral PlanAncon Construction Co., Inc.…$17M
End-of-year total assets ($M) among Bag Makers, Inc. 401(k)/Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$17M
Net Income$2M
Employer EIN363160284
Plan Effective Date1991-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bag Makers, Inc.)

Sponsor-wide plan assets over time

All Bag Makers, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$17M 37.59407250560409% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $12.1M $16.7M ▲ +37.6%
Year Plans Participants Total Assets
2022 1 281 $12M
2023 1 292 $15M
2024 1 334 $17M

Nearby 401(k) Plans in Illinois

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

Bag Makers, 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 ($B) Participants Bag Makers, Inc. 401(k)/Profit Sharing Plan, Total assets ($B): 0.01665086 · Participants: 334Bag Makers, 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
Bag Makers, Inc. 401(k)/Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Bag Makers, Inc. 401(k)/Profit Sharing Plan side-by-side with 3 peers →

Bag Makers, 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 Chiesa Shahinian & Giantomasi PC Salary Savings Plan (I) in NJ ($17M); by covered participants it is Bb&e 401(k) Plan in MI (334 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (334 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 Bag Makers, Inc. 401(k)/Profit Sharing Plan assets move in 2024? ▼
Bag Makers, Inc. 401(k)/Profit Sharing Plan grew at a solid clip - up 12.8% during 2024, from $15M to $17M. Reported net income was $2M.
How have Bag Makers, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bag Makers, Inc.'s sponsor-wide assets grew 37.6%, from $12M to $17M.
Which 401(k) plans are similar in size to Bag Makers, Inc. 401(k)/Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Chiesa Shahinian & Giantomasi PC Salary Savings Plan (I) in NJ ($17M, 104 participants).
Which 401(k) plans cover a similar participant headcount to Bag Makers, Inc. 401(k)/Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Bb&e 401(k) Plan in MI (334 participants, $18M 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 363160284.

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.