Defined Benefit (Pension) · DOL Form 5500 · 2022
Target Corporation Pension Plan
Data updated 2026-08-25
- $3.3B
- Total assets Very large vs avg
- 50,515
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $66,290
- Avg per participant Below avg balance/head
Official DOL plan name: Target Corporation Pension Plan · Sponsored by Target Corporation · Minnesota · Retail Trade
$3.3B in assets, 50,515 participants
Target Corporation's Target Corporation Pension Plan reported $3.3B in total assets and 50,515 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.
- #9,499 in Retail Trade (9,519 peers)
Coverage in Minnesota
Target Corporation Pension Plan covers 50,515 participants in Minnesota, 45x the typical Minnesota plan (state average ~1,126 per filing). Assets: $3.3B.
- #9,499
- in Retail Trade (9,519 peers)
- -28.0%
- assets change YoY
- 34×
- vs typical plan assets (national mean)
The plan reported a net loss of $1.3B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Target Corporation Pension Plan's outsized position by total assets
Target Corporation Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$3,348,662,968 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 Pension 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 Pension Plan is a mega filing (50,515 participants), the rightmost band on the breakdown.
Plan-year Form 5500 strip
Filing strip 410215170 · Target Corporation PY 2022 · Defined Benefit (Pension)
Target Corporation Pension Plan · $3.3B · 50,515 · 100th
- PHOTO $3.3B
- IND 50,515
- EOY 100th
- 5500 Defined Benefit (Pension)
- ASSETS near New England Teamsters Pension Fund
- PCT ind #9499
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 Pension Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $4.7B |
|---|---|
| Net Assets (End of Year) | $3.3B |
| Net Income | -$1.3B |
| Employer EIN | 410215170 |
| Plan Effective Date | 1944-01-25 |
| 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 Defined Benefit (Pension) Plans in Minnesota
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- 3M Employee Retirement Income Plan $14.0B · 12,160
- Mayo Pension Plan $10.3B · 66,434
- The Travelers Pension Plan $3.9B · 25,144
- U.S. Bank Pension Plan $3.7B · 55,836
- U.S. Bank Legacy Pension Plan $2.9B · 1,398
Scale composition for Target Corporation Pension Plan
Target Corporation Pension Plan reports $3.3B in end-of-year assets across 50,515 participants (0.027% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.054% of 93,925,755 covered participants) - about $66,290 per participant (48% of the national average assets-per-participant) . Net income for plan year 2022 was -$1.3B.
This plan identity (EIN 410215170, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.3B to $3.3B (-0.9%) while covered participants moved from 50,515 to 41,726 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 50,515 | $3.3B | This page |
| 2023 | 45,724 | $3.5B | Open filing |
| 2024 · index core | 41,726 | $3.3B | 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 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Minnesota, the nearest Defined Benefit (Pension) by assets is New England Teamsters Pension Fund in MA ($3.3B); by covered participants it is Ufcw - Northern California Employers Joint Pension in CA (50,493 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($3.3B here).
- New England Teamsters Pension Fund (MA) $3.3B · 21,757
- Co-Op Retirement Plan (MO) $3.4B · 15,460
- Hii Newport News Shipbuilding, Inc. Retirement Plan (VA) $3.3B · 5,995
- Ohio Operating Engineers Pension Plan (OH) $3.4B · 9,749
Similar participant headcount
Nearest other-state filings by covered participants (50,515 participants); asset peers above are excluded.
- Ufcw - Northern California Employers Joint Pension (CA) 50,493 · 22 off
- Central States, Southeast & Southwest Areas Pension Plan (IL) 50,096 · 419 off
- International Painters and Allied Trades Industry Pension Plan (MD) 50,952 · 437 off
- State Farm Insurance Companies Retirement Plan for United States Employees (IL) 49,052 · 1,463 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.