Industry · Form 5500 business code 812320
Drycleaning & Laundry Services (except Coin-Operated): 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.
31 retirement plans in drycleaning & laundry services (except coin-operated) with 100 or more participants filed Form 5500 for plan year 2024 (27 defined contribution, 4 defined benefit). All Form 5500 pension filers in the group reported 23,681 participant records and $539M in net assets.
The median defined contribution plan held $23,389 per participant, well below the national median of $53,031, and its employer put in $971 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $84.29 per participant against $123 nationally.
Employers contributed $11.3M and participants $20.0M during the year, and the plans paid out $43.0M in benefits.
In 2009 the same group numbered 44 plans with $246M; by 2024 it was 31 plans (down 30%) and $539M (up 119%). 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 | $23,389 | $53,031 | $12,429 | $86,234 |
| Employer contributions per active participant | $971 | $2,174 | $2,492 | $10,244 |
| Schedule C compensation per participant | $84.29 | $123 | $172 | $344 |
| Schedule C compensation, share of net assets | 0.37% | 0.26% | 8.5% | 0.42% |
| Administrative expenses per participant | $66.72 | $116 | $260 | $527 |
Medians across plans with 100 or more participants (25 DC and 4 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 | $10,862 | $23,389 | $51,188 | 25 |
| Employer contributions per active participant | $341 | $971 | $1,468 | 25 |
| Schedule C compensation per participant | $35.95 | $84.29 | $201 | 23 |
| Administrative expenses per participant | $22.34 | $66.72 | $224 | 25 |
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 | 31 | 23,681 | $539M | $11.3M | $20.0M | $23,389 | $84.29 |
| 2023 | 28 | 22,919 | $495M | $10.0M | $18.2M | $30,000 | $52.05 |
| 2022 | 35 | 23,603 | $466M | $9.6M | $17.9M | $22,056 | $60.25 |
| 2021 | 37 | 22,371 | $546M | $9.2M | $16.7M | $25,916 | $89.40 |
| 2020 | 34 | 22,996 | $453M | $7.1M | $13.6M | $25,111 | $46.29 |
| 2019 | 38 | 24,321 | $418M | $9.1M | $14.4M | $21,140 | $48.02 |
| 2018 | 39 | 26,884 | $377M | $9.2M | $13.9M | $17,776 | $47.25 |
| 2017 | 37 | 22,019 | $386M | $9.5M | $12.1M | $21,245 | $45.36 |
| 2016 | 36 | 23,972 | $347M | $8.6M | $10.7M | $20,286 | $31.74 |
| 2015 | 36 | 23,586 | $344M | $10.2M | $10.5M | $17,358 | $23.59 |
| 2014 | 36 | 23,759 | $333M | $8.3M | $8.5M | $18,433 | $26.99 |
| 2013 | 37 | 23,052 | $324M | $8.2M | $8.2M | $18,557 | $23.86 |
| 2012 | 39 | 23,037 | $285M | $7.4M | $7.9M | $14,577 | $30.07 |
| 2011 | 38 | 13,082 | $142M | $5.1M | $7.2M | $11,640 | $16.10 |
| 2010 | 38 | 14,169 | $145M | $4.8M | $7.3M | $10,835 | $28.02 |
| 2009 | 44 | 25,105 | $246M | $6.5M | $7.0M | $12,965 | $33.57 |
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 31 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 31 largest by participants of 31 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| Laundry, Dry Cleaning Workers & Allied Industries Retirement Fund, Workers United | Trustees of the Laundry,dry Cleaning Wo Rkers and Allied Industries Re | NY | DB | 9,243 | $193M | $20,875 | $1,086 | $187 |
| The Mastercorp, Inc. 401(k) Retirement Savings Plan | Mastercorp, Inc. | FL | DC | 3,675 | $18.9M | $5,138 | $326 | $13.17 |
| United Migrant Opportunity Services / Umos, Inc. 401(k) and Retirement Plan | United Migrant Opportunity Services Umos, Inc. | WI | DC | 1,326 | $18.2M | $13,739 | $1,701 | $3.95 |
| Crown Health Care Laundry Services 401(k) Plan | Crown Health Care Laundry Servic | FL | DC | 886 | $11.0M | $12,359 | $807 | $82.62 |
| Textile Processors Service Trades Health Care Professional and Technical Employees International Union Local No 1 Pension Fund | Board of Trustees, Textile Processors Service Trades Health Care | OH | DB | 682 | $138K | $202 | — | $32.66 |
| Servpro Industries, LLC 401(k) Plan | Servpro Industries, LLC | TN | DC | 604 | $56.2M | $93,031 | $1,683 | $119 |
| Hospital Central Services Cooperative, Inc. Retirement Savings Plan | Hospital Central Services Cooperative, Inc. | PA | DC | 572 | $3.9M | $6,802 | $341 | $27.14 |
| Itu Absorbtech Retirement Plan | Itu Absorbtech, Inc. | WI | DC | 565 | $49.3M | $87,268 | $1,258 | $140 |
| Crown Linen, LLC 401(k) Plan | Crown Linen, LLC | FL | DC | 486 | $1.5M | $3,121 | $0 | — |
| Century Linen & Uniform, Inc. 401(k) Plan | Century Linen & Uniform, Inc. | NY | DC | 426 | $4.6M | $10,862 | $542 | $63.73 |
| Unitex Textile Services LLC 401(k) Plan | Unitex Textile Services LLC | NY | DC | 389 | $44.5M | $114,452 | $1,272 | $42.55 |
| Crown/loyal 401(k) Plan | Crown Linen Service, Inc. | NH | DC | 334 | $20.0M | $59,830 | $1,542 | $146 |
| 2ULAUNDRY 401(k) Plan | 2U Laundry, Inc. | NC | DC | 304 | $614K | $2,019 | $0 | — |
| Coit Services, Inc. Employee Savings & Retirement Plan | Coit Services, Inc. | CA | DC | 298 | $12.5M | $41,944 | $214 | $358 |
| Handcraft Cleaners & Launderers, Inc. 401(k) Plan | Handcraft Cleaners & Launderers, Inc. | VA | DC | 286 | $9.9M | $34,771 | $1,542 | $7.69 |
| Woodard Cleaning & Restoration, Inc. 401(k) Plan & Trust | Woodard Cleaning & Restoration, Inc. | MO | DC | 260 | $8.9M | $34,385 | $1,121 | $224 |
| Local No. 171 Pension Plan | Local No. 171 Pension Plan | NJ | DB | 255 | $1.0M | $3,983 | — | $698 |
| Shared Hospital Services 401(k) Retirement Plan | Tidewater Area Central Hospital Laundry, Inc. T/a Shared Hospital Serv | VA | DC | 216 | $4.9M | $22,760 | $1,191 | $94.26 |
| Huebsch Laundry Co. 401(k) Profit Sharing Plan | Huebsch Laundry Company | WI | DC | 212 | $6.2M | $29,098 | $1,618 | $361 |
| Anton's Cleaners 401(k) Plan | Anton's Cleaners, Inc. | MA | DC | 211 | $11.9M | $56,369 | $177 | $164 |
| Portland Hospital Service Corporation Employees' Retirement Plan | Portland Hospital Service Corporation | OR | DB | 203 | $5.4M | $26,745 | $3,897 | $158 |
| HCSC Enterprises, Inc. Retirement Savings Plan | HCSC Enterprises, Inc. | PA | DC | 199 | $25.3M | $127,230 | $4,332 | $578 |
| Texas Medical Center Hospital Laundry Cooperative Association 401(k) | Texas Medical Center Hospital Laundry Co-Op | TX | DC | 195 | $2.9M | $14,741 | $537 | $25.43 |
| City Laundering Co. 401(k) Plan | City Laundering Co. | IA | DC | 188 | $4.2M | $22,436 | $971 | $83.56 |
| Fazio, Incorporated 401(k) Plan | Fazio, Incorporated | CA | DC | 187 | — | — | — | — |
| Lacarte Enterprises Inc. 401(k) Profit Sharing Plan & Trust | Lacarte Enterprises Inc. | PA | DC | 186 | $13.2M | $70,755 | $1,418 | $178 |
| A to Z Drying, Inc. Profit Sharing Plan | A to Z Drying, Inc. | IA | DC | 154 | $12.4M | $80,780 | $692 | $358 |
| Best Companies 401(k) Plan | Best Companies | NY | DC | 154 | $1.5M | $9,703 | $760 | $89.04 |
| Lechner and Sons, Inc. 401(k) Retirement Savings Plan | Lechner & Sons, Inc. | IL | DC | 130 | — | — | — | — |
| Quality Textile Services, Inc. 401(k) Plan | Quality Textile Services, Inc. | NC | DC | 129 | $3.5M | $26,992 | $1,546 | $247 |
| Cleancare Laundry Workers SEIU Local 141 401(k) | Clean Textile Systems, Inc. | PA | DC | 117 | $161K | $1,377 | $301 | $2.62 |
By plan size
By state
Questions and answers
How many retirement plans are there in drycleaning & laundry services (except coin-operated)?
31 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 117 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 drycleaning & laundry services (except coin-operated)?
The median defined contribution plan reported $23,389 in net assets per participant (middle half of plans: $10,862 to $51,188); 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 drycleaning & laundry services (except coin-operated)?
The median defined contribution plan received $971 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 drycleaning & laundry services (except coin-operated)?
Among defined contribution plans that report any Schedule C compensation, the median was $84.29 per participant and 0.37% 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.