401(k) · DOL Form 5500 · 2022
Target Corporation 401(k) Plan
Data updated 2026-08-25
- $11.2B
- Total assets Mega-plan scale
- 400,422
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $28,013
- Avg per participant Low balance/head
Official DOL plan name: Target Corporation 401(k) Plan · Sponsored by Target Corporation · Minnesota · Retail Trade
$11.2B in assets, 400,422 participants
Target Corporation's Target Corporation 401(k) Plan reported $11.2B in total assets and 400,422 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.
- #9,514 in Retail Trade (9,519 peers)
Coverage in Minnesota
Target Corporation 401(k) Plan covers 400,422 participants in Minnesota, 356x the typical Minnesota plan (state average ~1,126 per filing). Assets: $11.2B.
- #9,514
- in Retail Trade (9,519 peers)
- -19.5%
- assets change YoY
- 113×
- vs typical plan assets (national mean)
The plan reported a net loss of $2.7B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Target Corporation 401(k) Plan's outsized position by total assets
Target Corporation 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$11,216,824,857 Highest reported value at or above every one of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Target Corporation 401(k) Plan's mega-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Target Corporation 401(k) Plan is a mega filing (400,422 participants), the rightmost band on the breakdown.
Published 5500 schedule card
Filing strip 410215170 · Target Corporation PY 2022 · 401(k)
Target Corporation 401(k) Plan · $11.2B · 400,422 · 100th
- TYPE $11.2B
- NET 400,422
- BOOK 100th
- VS-ST 401(k)
- BOY near UPS 401 (K) Savings Plan
- SCH ind #9514
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 Retail Trade retirement plans → · Plans in Minnesota →
Target Corporation 401(k) Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $13.9B |
|---|---|
| Net Assets (End of Year) | $11.2B |
| Net Income | -$2.7B |
| Employer EIN | 410215170 |
| Plan Effective Date | 1967-02-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Target Corporation)
Sponsor-wide plan assets over time
All Target Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $17.7B 21.771231214917268% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 450,937 | $14.6B |
| 2023 | 3 | 478,341 | $16.6B |
| 2024 | 3 | 451,375 | $17.7B |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Unitedhealth Group 401(k) Savings Plan $18.6B · 176,886
- Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan) $12.2B · 38,825
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $11.1B · 37,159
- U.S. Bank 401(k) Savings Plan $8.3B · 67,646
- The Travelers 401(k) Savings Plan $8.0B · 27,710
Scale composition for Target Corporation 401(k) Plan
Target Corporation 401(k) Plan reports $11.2B in end-of-year assets across 400,422 participants (0.091% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.43% of 93,925,755 covered participants) - about $28,013 per participant (20% of the national average assets-per-participant) . Net income for plan year 2022 was -$2.7B.
This plan identity (EIN 410215170, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $11.2B to $14.4B (+28.6%) while covered participants moved from 400,422 to 409,649 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 400,422 | $11.2B | This page |
| 2023 | 432,617 | $13.0B | Open filing |
| 2024 · index core | 409,649 | $14.4B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Target Corporation 401(k) Plan (401(k), $14.4B, 409,649 participants)
- Target Corporation Pension Plan (Defined Benefit (Pension), $3.3B, 41,726 participants)
Target Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is UPS 401 (K) Savings Plan in GA ($11.3B); by covered participants it is Paychex Pooled Employer 401(k) Plan in NY (299,256 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($11.2B here).
- UPS 401 (K) Savings Plan (GA) $11.3B · 107,310
- Cigna 401(k) Plan (PA) $11.5B · 66,147
- Deloitte 401(k) Plan (NY) $11.0B · 74,687
- Delta 401(k) Retirement Plan for Pilots (GA) $11.5B · 12,193
Similar participant headcount
Nearest other-state filings by covered participants (400,422 participants); asset peers above are excluded.
- Paychex Pooled Employer 401(k) Plan (NY) 299,256 · 101,166 off
- Adp Totalsource Retirement Savings Plan (FL) 287,453 · 112,969 off
- Lowes 401(k) Plan (NC) 284,864 · 115,558 off
- Hca 401(k) Plan (TN) 280,576 · 119,846 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.