2023 Form 5500 filing — J. C. Penney Corporation, Inc. Safe Harbor 401(K) Savings Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241011044328NAL0037817392001) for J. C. Penney Corporation, Inc. Safe Harbor 401(K) Savings Plan, reported by Penney Opco, LLC under EIN 85-3718114 and plan number 006. It reports 66,094 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011044328NAL0037817392001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Penney Opco, LLC
- EIN
- 85-3718114
- Plan number
- 006
- Location
- Plano, TX
- Participants
- 66,094
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $2,055,193,000
- Total liabilities (EOY)
- $162,000
- Net assets (EOY)
- $2,055,031,000
- Employer contributions
- $32,448,000
- Participant contributions
- $57,162,000
- Total income / additions
- $373,408,000
- Benefits paid
- $188,385,000
- Administrative expenses
- $1,165,000
- Total expenses
- $189,550,000
- Net increase / (decrease)
- $183,858,000
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Alight Financial Advisors, LLC | NONE | $1,165,000 | not reported in the loaded dataset |
| Pershing LLC | NONE | $0 | $17,101 |