401(k) · DOL Form 5500 · 2022

Belk Stores Services, LLC 401(k) Plan

Data updated 2026-08-25

$342M
Total assets Above avg plan size
21,340
Participants Very large workforce
97th
Percentile by assets National rank
$16,040
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Belk 401(k) Savings Plan · Sponsored by Belk Stores Services, LLC · North Carolina · Retail Trade

$342M in assets, 21,340 participants

Belk Stores Services, LLC's Belk 401(k) Savings Plan reported $342M in total assets and 21,340 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • #9,361 in Retail Trade (9,519 peers)

Coverage in North Carolina

Belk 401(k) Savings Plan covers 21,340 participants in North Carolina, 26x the typical North Carolina plan (state average ~819 per filing). Assets: $342M.

#9,361
in Retail Trade (9,519 peers)
-18.0%
assets change YoY
3.4×
vs typical plan assets (national mean)

The plan reported a net loss of $75M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Belk 401(k) Savings Plan's outsized position by total assets

Belk 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$342,302,260 Top 3% higher than 97% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Belk 401(k) Savings 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. Belk 401(k) Savings Plan is a mega filing (21,340 participants), the rightmost band on the breakdown.

EBSA filing schedule strip

Filing strip 560616731 · Belk Stores Services, LLC PY 2022 · 401(k)

Belk 401(k) Savings Plan · $342M · 21,340 · 97th

  • PHOTO $342M
  • PHOTO 21,340
  • PHOTO 97th
  • PHOTO 401(k)
  • PHOTO near Communications Workers of America Savings and Retirement Trust
  • PHOTO ind #9361

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 North Carolina →

Belk 401(k) Savings Plan in the asset neighbourhood

Eversheds Sutherland (US) LLP Retirement Plan aEversheds Sutherland (US) LL…$343MStericycle, Inc. 401(k) Retirement PlanStericycle, Inc. 401(k) Reti…$343MCommunications Workers of America Savings and Retirement TrustCommunications Workers of Am…$342MBelk 401(k) Savings Plan$342MDocusign, Inc. 401(k) Plan$342M
End-of-year total assets ($M) among Belk 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$417M
Net Assets (End of Year)$342M
Net Income-$75M
Employer EIN560616731
Plan Effective Date1942-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Belk Stores Services, LLC)

Sponsor-wide plan assets over time

All Belk Stores Services, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$710M 22.554837807013428% vs 2022
2024 filing year
$550M$600M$650M$700M$750M 202220232024 $580M $710M ▲ +22.6%
Year Plans Participants Total Assets
2022 2 22,245 $580M
2023 2 22,344 $651M
2024 2 20,934 $710M

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Belk 401(k) Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. 0100000200000300000 -200204060 Total assets ($B) Participants Belk 401(k) Savings Plan, Total assets ($B): 0.34230226 · Participants: 21340Belk 401(k) Savings PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Belk 401(k) Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Belk 401(k) Savings Plan side-by-side with 3 peers →

Scale composition for Belk 401(k) Savings Plan

Belk 401(k) Savings Plan reports $342M in end-of-year assets across 21,340 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.023% of 93,925,755 covered participants) - about $16,040 per participant (12% of the national average assets-per-participant) . Net income for plan year 2022 was -$75M.

This plan identity (EIN 560616731, plan #333) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $342M to $401M (+17.0%) while covered participants moved from 21,340 to 20,210 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 21,340 $342M This page
2023 21,534 $379M Open filing
2024 · index core 20,210 $401M Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Belk 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Communications Workers of America Savings and Retirement Trust in DC ($342M); by covered participants it is Williams-Sonoma, Inc. 401(k) Plan in CA (21,334 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($342M here).

Similar participant headcount

Nearest other-state filings by covered participants (21,340 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Belk 401(k) Savings Plan assets move in 2022? ▼
Belk 401(k) Savings Plan declined sharply - down 18.0% during 2022, from $417M to $342M. Reported net income was -$75M.
How have Belk Stores Services, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Belk Stores Services, LLC's sponsor-wide assets grew 22.6%, from $580M to $710M.
Where does Belk 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Belk 401(k) Savings Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Belk 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Communications Workers of America Savings and Retirement Trust in DC ($342M, 9,380 participants).
Which 401(k) plans cover a similar participant headcount to Belk 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Williams-Sonoma, Inc. 401(k) Plan in CA (21,334 participants, $485M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 560616731.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.