Defined Benefit (Pension) · DOL Form 5500 · 2022
Belk Stores Services, LLC Pension Plan
Data updated 2026-08-11
- $237M
- Total assets
- 905
- Participants
- 96th
- Percentile by assets
- $262,290
- Avg per participant
Official DOL plan name: Belk Pension Plan · Sponsored by Belk Stores Services, LLC · North Carolina · Retail Trade
$237M in assets, 905 participants
Belk Stores Services, LLC's Belk Pension Plan reported $237M in total assets and 905 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 139,126 plans)
- #9,315 in Retail Trade (9,519 peers)
Where Belk Pension Plan sits by assets
Belk Pension Plan sits in the top 5% of all filed plans by assets, $237M for 905 participants (~$262,290/participant), down 30.6% in 2022.
- $237M
- total plan assets (2022 EOY)
- 905
- covered participants
- 96th
- percentile by assets (of 139,126 plans)
- $262,290
- avg assets per participant
The plan reported a net loss of $80M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Belk Pension Plan vs the 2022 asset distribution
By assets, Belk Pension Plan outranks 96% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.4x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $342M |
|---|---|
| Net Assets (End of Year) | $217M |
| Net Income | -$80M |
| Employer EIN | 560616731 |
| Plan Effective Date | 1969-01-01 |
| 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 Defined Benefit (Pension) Plans in North Carolina
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Belk Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
- Honeywell Retirement Earnings Plan $17.0B · 12,452
- Truist Financial Corporation Pension Plan $12.5B · 37,931
- Duke Energy Legacy Pension Plan $4.0B · 346
- Duke Energy Retirement Cash Balance Plan $3.2B · 16,132
- Time Warner Cable Pension Plan $2.6B · 18,624
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Belk Pension Plan by total assets, not by location.
- Texas Iron Workers' Pension Plan (TX) $237M · 1,602
- The Metropolitan Museum of Art Retirement Plan for Covered Union Employees (NY) $238M · 596
- United Food & Commercial Workers Union Local 152 Retail Meat Pension Plan (NJ) $238M · 1,535
- Presbyterian Healthcare Services Employees' Pension Plan II (NM) $237M · 940
Frequently Asked Questions
How did Belk Pension Plan assets move in 2022? ▼
How have Belk Stores Services, LLC plan assets changed over time? ▼
Where does Belk Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Belk Pension Plan? ▼
Next read for Belk Pension Plan
Scale reading
Ways to act on Belk Pension Plan's numbers.
- By total assets, Belk Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) 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