401(k) · DOL Form 5500 · 2022
Belk Stores Services, LLC 401(k) Plan
Data updated 2026-08-11
- $342M
- Total assets
- 21,340
- Participants
- 97th
- Percentile by assets
- $16,040
- Avg per participant
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.
- 97th percentile by assets (of 139,126 plans)
- #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.
- $342M
- total plan assets (2022 EOY)
- 21,340
- covered participants
- 97th
- percentile by assets (of 139,126 plans)
- $16,040
- avg assets per participant
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.
Participants vs North Carolina filers
In North Carolina, the average filing covers about 819 participants across 3,515 plans. Belk 401(k) Savings Plan reports 21,340 participants - 26x that state average ($342M EOY assets).
North Carolina filing particulars
| Total Assets (Beginning of Year) | $417M |
|---|---|
| Net Assets (End of Year) | $342M |
| Net Income | -$75M |
| Employer EIN | 560616731 |
| Plan Effective Date | 1942-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Belk Stores Services, LLC)
| 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
- The Bank of America 401(k) Plan $47.1B · 169,036
- Honeywell 401(k) Plan $14.6B · 39,007
- Duke Energy Retirement Savings Plan $9.4B · 27,731
- Truist Financial Corporation 401(k) Savings Plan $9.0B · 51,871
- Lowes 401(k) Plan $7.4B · 284,864
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 (401(k), $401M, 20,210 participants)
- Belk Pension Plan (Defined Benefit (Pension), $310M, 724 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Belk 401(k) Savings Plan by total assets, not by location.
- Communications Workers of America Savings and Retirement Trust (DC) $342M · 9,380
- Stericycle, Inc. 401(k) Retirement Plan (IL) $343M · 9,392
- Docusign, Inc. 401(k) Plan (CA) $342M · 4,475
- Eversheds Sutherland (US) LLP Retirement Plan a (DC) $343M · 744
Frequently Asked Questions
How did Belk 401(k) Savings Plan assets move in 2022? ▼
How have Belk Stores Services, LLC plan assets changed over time? ▼
Where does Belk 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Belk 401(k) Savings Plan? ▼
Next read for Belk 401(k) Savings Plan
Filing takeaways
Ways to act on Belk 401(k) Savings Plan's numbers.
- By total assets, Belk 401(k) Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in North Carolina. Compare plans
- Belk Stores Services, LLC's sponsor-wide assets have grown 22.6% since 2022 across 3 plan years on file. More Retail Trade plans