Industry · Form 5500 business code 448140
Family Clothing Stores: retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. The business code is chosen by the filer from the list in the Form 5500 instructions.
For plan year 2024, 38 retirement plans in family clothing stores with 100 or more participants filed Form 5500: 35 defined contribution and 3 defined benefit. They reported 599,437 participant records and $11.0B in net assets, counting every plan on the form.
The median defined contribution plan held $16,719 per participant, well below the national median of $53,031, and its employer put in $630 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $33.42 per participant against $123 nationally.
Employers contributed $248M and participants $552M during the year, and the plans paid out $950M in benefits.
In 2009 the same group numbered 50 plans with $2.69B; by 2024 it was 38 plans (down 24%) and $11.0B (up 309%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $16,719 | $53,031 | $37,652 | $86,234 |
| Employer contributions per active participant | $630 | $2,174 | $12 | $10,244 |
| Schedule C compensation per participant | $33.42 | $123 | $223 | $344 |
| Schedule C compensation, share of net assets | 0.22% | 0.26% | 1.7% | 0.42% |
| Administrative expenses per participant | $33.26 | $116 | $357 | $527 |
Medians across plans with 100 or more participants (34 DC and 3 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $11,625 | $16,719 | $25,202 | 34 |
| Employer contributions per active participant | $228 | $630 | $972 | 32 |
| Schedule C compensation per participant | $11.12 | $33.42 | $79.92 | 33 |
| Administrative expenses per participant | $12.44 | $33.26 | $51.35 | 32 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2024 | 38 | 599,437 | $11.0B | $248M | $552M | $16,719 | $33.42 |
| 2023 | 42 | 575,376 | $9.88B | $230M | $511M | $15,011 | $24.97 |
| 2022 | 47 | 351,222 | $8.50B | $212M | $477M | $15,616 | $35.39 |
| 2021 | 47 | 330,084 | $9.96B | $169M | $416M | $18,492 | $37.88 |
| 2020 | 46 | 326,017 | $8.88B | $156M | $371M | $16,958 | $29.51 |
| 2019 | 48 | 345,440 | $7.89B | $266M | $375M | $14,058 | $20.27 |
| 2018 | 43 | 287,128 | $5.83B | $249M | $311M | $11,426 | $18.20 |
| 2017 | 44 | 359,927 | $6.64B | $238M | $310M | $12,707 | $19.59 |
| 2016 | 49 | 374,010 | $5.62B | $199M | $287M | $10,305 | $15.12 |
| 2015 | 47 | 379,234 | $5.19B | $182M | $277M | $8,870 | $13.90 |
| 2014 | 49 | 369,968 | $5.19B | $267M | $262M | $7,413 | $12.03 |
| 2013 | 51 | 361,970 | $4.70B | $143M | $241M | $6,307 | $7.77 |
| 2012 | 51 | 343,797 | $3.90B | $185M | $211M | $5,499 | $7.32 |
| 2011 | 53 | 328,093 | $3.25B | $164M | $190M | $5,188 | $10.29 |
| 2010 | 48 | 254,053 | $2.96B | $183M | $171M | $5,855 | $14.50 |
| 2009 | 50 | 307,909 | $2.69B | $155M | $174M | $5,108 | $11.35 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 38 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 38 largest by participants of 38 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| The TJX Companies, Inc. 401(k) Savings Plan | The TJX Companies, Inc. | MA | DC | 311,623 | $3.66B | $11,747 | $376 | $3.21 |
| Gapshare 401(k) Plan | Gap Inc. | CA | DC | 83,515 | $2.61B | $31,279 | $695 | $16.92 |
| Ross Stores, Inc. 401(k) Savings Plan | Ross Stores, Inc. | CA | DC | 66,413 | $1.18B | $17,801 | $479 | $10.29 |
| American Eagle Outfitters, Inc. Profit Sharing and 401(k) Plan | American Eagle Outfitters, Inc. | PA | DC | 21,668 | $538M | $24,833 | $949 | $41.34 |
| The TJX Companies, Inc. Retirement Plan | The TJX Companies, Inc. | MA | DB | 19,564 | $1.43B | $73,094 | $12 | $223 |
| The Sparc Group LLC 401(k) Investment and Savings Plan | Sparc Group LLC | NJ | DC | 19,111 | $342M | $17,887 | $777 | $33.42 |
| J.crew Group, LLC. 401(k) Savings Plan | J.crew Group, LLC | NY | DC | 15,298 | $339M | $22,168 | $570 | — |
| Beall's Employees' Savings Trust | Beall's Inc. | FL | DC | 11,225 | $118M | $10,532 | $207 | $43.72 |
| H&M Employee Stock Ownership Plan | H&M Fashion USA, Inc. | NJ | DC | 8,898 | $4.7M | $526 | $235 | $53.24 |
| Boscov's 401(k) Defined Contribution Plan | Boscov's, Inc. | PA | DC | 7,275 | $147M | $20,228 | $161 | $31.06 |
| Citi Trends, Inc. 401(k) Profit Sharing Plan | Citi Trends, Inc. | GA | DC | 6,067 | $18.9M | $3,121 | $84 | $6.03 |
| United Fashions of Texas 401(k) Plan | United Fashions of Texas LLC | TX | DC | 4,841 | $9.9M | $2,055 | $43 | $10.96 |
| Zara USA & Related Companies 401(k) Plan | Zara USA, Inc. | NY | DC | 4,397 | $52.8M | $11,997 | $924 | $58.42 |
| The TJX Companies, Inc. Puerto Rico Savings Plan | The TJX Companies, Inc. | MA | DC | 3,911 | $20.6M | $5,257 | $303 | $2.78 |
| Buckle 401(k) Plan | The Buckle, Inc. | NE | DC | 3,454 | $201M | $58,236 | $1,007 | $121 |
| H&M Hennes & Mauritz 401(k) Plan | H&M Fashion USA, Inc. | NJ | DC | 3,190 | $142M | $44,384 | $2,487 | $96.46 |
| Cavender's Boot City 401(k) Retirement Plan | Cavender Stores, L.P. | TX | DC | 2,004 | $48.5M | $24,209 | $960 | $10.94 |
| Primark US 401(k) Plan | Primark US Corp. | MA | DC | 1,873 | $22.7M | $12,115 | $1,394 | $50.71 |
| 403(b) Thrift Plan for Goodwill Industries of Orange County, Ca | Goodwill Industries of Orange County, California | CA | DC | 1,799 | $31.6M | $17,592 | $438 | $83.74 |
| Prada USA Corp. & Affiliates Retirement Savings Plan | Prada USA Corp. | NY | DC | 1,431 | $95.2M | $66,550 | $2,238 | $8.39 |
| J. McLaughlin 401(k) Plan | Georgia Pine Clothiers, LLC | NY | DC | 893 | $10.6M | $11,869 | $744 | $11.84 |
| Spiraledge, Inc. 401(k) Plan | Spiraledge, Inc. | OH | DC | 812 | $9.0M | $11,079 | $354 | $25.85 |
| Moncler USA 401(k) Profit Sharing Sharing Plan and Trust | Moncler USA, Inc. | NY | DC | 705 | $11.6M | $16,411 | $1,755 | $91.19 |
| Hamricks Corporation 401(k) Retirement Plan | Hamricks, Inc. | SC | DC | 702 | $12.7M | $18,073 | — | $45.50 |
| Sdi Stores, LLC 401(k) Plan | Sdi Stores, LLC | CT | DC | 658 | $25.0M | $37,920 | — | $270 |
| Gapshare Puerto Rico Plan | Gap Inc. | CA | DC | 611 | $7.3M | $12,010 | $396 | $16.65 |
| 401(k) Profit Sharing Plan for Employees of Factory Connection, LLC | Factory Connection, LLC | AL | DC | 535 | $7.0M | $13,116 | $72 | $4.30 |
| The Wakefield's, Inc. Profit Sharing and 401(k) Savings Plan | Wakefield's, Inc. | AL | DC | 526 | — | — | — | — |
| Faherty 401(k) Plan | Faherty Brand LLC | NY | DC | 503 | $2.1M | $4,223 | $990 | $13.91 |
| Diesel USA, Inc. 401(k) Savings Plan | Diesel USA, Inc. | NY | DC | 498 | $15.2M | $30,480 | $732 | $108 |
| Marine Layer 401(k) Plan | Marine Layer PBC | CA | DC | 486 | $6.3M | $13,027 | $1,931 | $36.81 |
| Huck Finn Clothes, Inc. 401(k) Plan | Huck Finn Clothes, Inc. | NY | DC | 296 | $1.4M | $4,885 | — | $21.28 |
| Friar Tux Shop 401(k) Plan | Friar Tux Shop | CA | DC | 294 | $4.1M | $13,888 | $0 | $87.88 |
| Syms Pension Plan | Syms Corp. | NY | DB | 293 | $11.0M | $37,652 | — | $642 |
| Thom Browne, Inc. 401(k) Plan | Thom Browne Inc. | NY | DC | 229 | $6.2M | $26,960 | $3,417 | $79.92 |
| The Glik Company 401(k) Plan | The Glik Company | IL | DC | 194 | $10.6M | $54,603 | $690 | $196 |
| 401(k) Profit Sharing Plan for Employees of Alko Distributors, Inc. | Alko Distributors, Inc. | MD | DC | 156 | $4.0M | $25,325 | $0 | $7.19 |
| UFCW Union Local 1049 Retirement Fund | UFCW Union Local 1049 Retirement Fund | NJ | DB | 140 | $85K | $606 | — | $171 |
By plan size
By state
Questions and answers
How many retirement plans are there in family clothing stores?
38 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 64 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in family clothing stores?
The median defined contribution plan reported $16,719 in net assets per participant (middle half of plans: $11,625 to $25,202); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in family clothing stores?
The median defined contribution plan received $630 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in family clothing stores?
Among defined contribution plans that report any Schedule C compensation, the median was $33.42 per participant and 0.22% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.