Industry · Form 5500 business code 812112
Beauty Salons: 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, 48 retirement plans in beauty salons with 100 or more participants filed Form 5500: 47 defined contribution and 1 defined benefit. They reported 26,427 participant records and $638M in net assets, counting every plan on the form.
The median defined contribution plan held $25,599 per participant, well below the national median of $53,031, and its employer put in $370 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $111 per participant against $123 nationally.
Employers contributed $8.7M and participants $40.6M during the year, and the plans paid out $58.5M in benefits.
In 2009 the same group numbered 66 plans with $392M; by 2024 it was 48 plans (down 27%) and $638M (up 63%). 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 | $25,599 | $53,031 | $76,202 | $86,234 |
| Employer contributions per active participant | $370 | $2,174 | $16,851 | $10,244 |
| Schedule C compensation per participant | $111 | $123 | $367 | $344 |
| Schedule C compensation, share of net assets | 0.46% | 0.26% | 0.48% | 0.42% |
| Administrative expenses per participant | $126 | $116 | $367 | $527 |
Medians across plans with 100 or more participants (43 DC and 1 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 | $9,066 | $25,599 | $54,278 | 43 |
| Employer contributions per active participant | $162 | $370 | $1,128 | 31 |
| Schedule C compensation per participant | $36.72 | $111 | $200 | 39 |
| Administrative expenses per participant | $33.74 | $126 | $198 | 43 |
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 | 48 | 26,427 | $638M | $8.7M | $40.6M | $25,599 | $111 |
| 2023 | 46 | 26,236 | $574M | $7.3M | $37.3M | $24,823 | $86.48 |
| 2022 | 68 | 33,429 | $556M | $8.0M | $39.0M | $16,693 | $70.59 |
| 2021 | 68 | 28,552 | $646M | $7.1M | $27.3M | $18,730 | $60.75 |
| 2020 | 72 | 29,519 | $637M | $6.4M | $23.4M | $19,779 | $61.35 |
| 2019 | 82 | 42,432 | $613M | $7.5M | $31.8M | $14,669 | $62.91 |
| 2018 | 79 | 76,357 | $668M | $7.3M | $42.8M | $13,156 | $52.63 |
| 2017 | 71 | 74,387 | $689M | $5.9M | $39.8M | $16,246 | $42.24 |
| 2016 | 65 | 85,147 | $609M | $5.6M | $37.9M | $14,264 | $36.41 |
| 2015 | 61 | 77,718 | $550M | $4.7M | $35.2M | $14,025 | $26.87 |
| 2014 | 59 | 83,798 | $560M | $4.8M | $33.4M | $15,685 | $18.27 |
| 2013 | 60 | 79,316 | $533M | $4.6M | $32.4M | $14,741 | $17.84 |
| 2012 | 60 | 79,381 | $436M | $6.2M | $31.2M | $11,454 | $22.09 |
| 2011 | 63 | 81,766 | $448M | $6.4M | $32.2M | $10,979 | $31.32 |
| 2010 | 64 | 96,907 | $452M | $10.7M | $31.1M | $9,555 | $38.36 |
| 2009 | 66 | 100,681 | $392M | $11.5M | $30.8M | $8,565 | $37.25 |
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 48 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 48 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| HC Salon Holdings 401(k) Plan | HC Salon Holdings, Inc. | VA | DC | 6,042 | $51.4M | $8,509 | — | $77.71 |
| Super C Group, LLC Employee 401(k) Plan | Super C Group, LLC | MI | DC | 1,724 | $3.4M | $1,996 | — | $5.38 |
| Mario Tricoci 401(k) Savings Plan | Mario Tricoci Hair Salon and Day Spas, LLC | IL | DC | 1,099 | $54.8M | $49,822 | $258 | $163 |
| Regis Retirement Savings Plan | Regis Corporation | MN | DC | 1,004 | $57.4M | $57,135 | — | $172 |
| Progress Foundation 403(b) Retirement Plan | Progress Foundation | CA | DC | 647 | $11.9M | $18,441 | $680 | $108 |
| HK Enterprises, Inc. 401(k) Profit Sharing Plan | HK Enterprises, Inc. | CA | DC | 596 | $14.6M | $24,431 | $355 | $31.19 |
| Rlo Inc. 401(k) Profit Sharing Plan & Trust | Rlo Inc. | OH | DC | 590 | $6.1M | $10,316 | $679 | $69.35 |
| Gene Juarez Salons & Spas 401(k) Plan | Transom Highlights Holdings Corporation | WA | DC | 586 | $34.9M | $59,535 | $223 | $291 |
| Visible Changes 401(k) and Profit Sharing Plan | Visible Changes, Inc. | TX | DC | 577 | $76.5M | $132,551 | $1,731 | $33.04 |
| Gateway Management Group, LLC 401(k) Plan | Gateway Management Group, LLC | MO | DC | 447 | $5.6M | $12,532 | $154 | $8.55 |
| Juut Salonspa 401(k) Retirement Plan | Juut Holdings, Inc. | MN | DC | 447 | $25.3M | $56,564 | $279 | $101 |
| Rally for Retirement 401(k) Plan | Great Salons of Knoxville, Inc. | TN | DC | 443 | $2.3M | $5,092 | $166 | $102 |
| Douglas J. Management, LLC 401(k) Plan | Douglas J. Management, LLC | MI | DC | 439 | $11.5M | $26,267 | $392 | $136 |
| Van Michael Salon, Inc. 401(k) Profit Sharing Plan | Van Michael Salon, Inc. | GA | DC | 395 | $28.0M | $70,869 | $370 | $10.60 |
| LJ Clippers LLC 401(k) Profit Sharing Plan & Trust | LJ Clippers LLC | PA | DC | 378 | $215K | $569 | $0 | — |
| Charles Penzone, Inc. 401(k) Plan and Trust | Charles Penzone, Inc. | OH | DC | 361 | $14.6M | $40,397 | — | $186 |
| Hancock Salon, Inc.dba Dellaria Salons/laclique Salons 401(k) Plan | Hancock Salon, Inc. d/b/a Dellaria Salons/laclique Salons | MA | DC | 354 | $19.0M | $53,560 | — | $165 |
| Headwaters Salons, LLC 401(k) Plan | Headwaters Salons, LLC | MT | DC | 350 | $3.4M | $9,622 | $1,188 | $126 |
| S3T 401(k) Plan | SR Salons LLC | CA | DC | 311 | $121K | $389 | — | $0.69 |
| Coles Salon, Inc. 401(k) Plan | Coles Salon, Inc. | MN | DC | 301 | $49.5M | $164,397 | — | — |
| Sawyer Business Group 401(k) Plan | Sawyer Business Group Inc. | GA | DC | 297 | $402K | $1,353 | — | $36.29 |
| Mario Badescu Skin Care Profit Sharing 401(k) Plan | Mario Badescu Skin Care, Inc. | NJ | DC | 290 | $27.0M | $92,967 | $7,245 | $349 |
| Edgeless Beauty Group 401(k) Retirement Plan | The Skin Institute & Day Spa, Inc. | WI | DC | 284 | $7.3M | $25,599 | $130 | $111 |
| PHD, Inc. Profit Sharing Plan | Partners Hair Design Group, Inc. | VA | DC | 273 | $14.8M | $54,230 | $320 | $227 |
| Ewc 401(k) Plan | Ewc Corporate, LLC | TX | DC | 268 | $9.2M | $34,185 | $2,778 | $37.14 |
| About Faces 401(k) Plan | Faces Enterprises Towson Ltd. | MD | DC | 265 | $8.8M | $33,190 | $1 | $210 |
| Vguru LLC 401(k) Plan | Vguru, LLC | NV | DC | 263 | $83K | $315 | $101 | $0.25 |
| Moroccanoil, Inc. 401(k) Plan | Moroccanoil, Inc. | NY | DC | 246 | $12.9M | $52,404 | $3,228 | $79.91 |
| TSP Institute, Inc. 401(k) Plan | TSP Institute, Inc. | FL | DC | 231 | $3.5M | $15,236 | $613 | $308 |
| Rochelle Leigh Group LLC 401(k) Profit Sharing Plan & Trust | Rochelle Leigh Group LLC | WI | DC | 219 | $2.1M | $9,801 | $1,067 | $88.06 |
| Cole's Employee Stock Ownership Plan & Trust Agreement | Coles Salon, Inc. | MN | DC | 218 | $7.6M | $34,785 | $582 | $174 |
| Ladies & Gentlemen Hair Stylists, Inc. 401(k) Plan | Ladies & Gentlemen Hair Stylists, Inc. | OH | DC | 205 | $5.0M | $24,182 | $0 | $191 |
| Keystone Clippers, LLC 401(k) Plan | Keystone Clippers, LLC | PA | DC | 196 | $1.6M | $8,326 | $1,056 | $131 |
| Rizzieri Management Co. , Inc. Employees' 401(k) Plan | Rizzieri Management Co. , Inc. | NJ | DC | 194 | $8.2M | $42,174 | — | $340 |
| Teca, Inc. Employee Stock Ownership Plan | Teca, Inc. | KY | DC | 178 | $1.1M | $6,337 | $5,609 | — |
| Sarjnt Inc. Retirement Plan | Sarjnt Inc. | IL | DC | 173 | — | — | — | — |
| Tangerine Salons 401(k) Plan | Brandon Hensley Enterprises, Inc. | TX | DC | 161 | $1.1M | $7,071 | — | $37.65 |
| Jean Madeline, Inc. 401(k) Plan | Jean Madeline, Inc. | PA | DC | 155 | $11.4M | $73,238 | $0 | $75.70 |
| The Mario Badescu Skin Care, Inc. Variable Cash Balance Plan | Mario Badescu Skin Care, Inc. | NJ | DB | 153 | $11.7M | $76,202 | $16,851 | $367 |
| Spoke & Weal 401(k) Plan | Weal Management LLC | CA | DC | 150 | $2.1M | $13,922 | $3,159 | — |
By plan size
By state
Questions and answers
How many retirement plans are there in beauty salons?
48 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 469 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 beauty salons?
The median defined contribution plan reported $25,599 in net assets per participant (middle half of plans: $9,066 to $54,278); 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 beauty salons?
The median defined contribution plan received $370 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 beauty salons?
Among defined contribution plans that report any Schedule C compensation, the median was $111 per participant and 0.46% 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.