401(k) · DOL Form 5500 · 2023

Designer Brands Inc. 401(k) Plan

Data updated 2026-08-25

$227M
Total assets Near avg plan size
7,474
Participants Very large workforce
95th
Percentile by assets National rank
$30,406
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Designer Brands Inc. 401(k) Plan · Sponsored by Designer Brands Inc. · Ohio · Retail Trade

$227M in assets, 7,474 participants

Designer Brands Inc.'s Designer Brands Inc. 401(k) Plan reported $227M in total assets and 7,474 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #8,186 in Retail Trade (8,414 peers)

Coverage in Ohio

Designer Brands Inc. 401(k) Plan covers 7,474 participants in Ohio, 9.8x the typical Ohio plan (state average ~765 per filing). Assets: $227M.

#8,186
in Retail Trade (8,414 peers)
+21.6%
assets growth YoY
2.3×
vs typical plan assets (national mean)

Designer Brands Inc. 401(k) Plan's outsized position by total assets

Designer Brands Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$227,255,209 Top 5% higher than 95% of 127,068 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 2023

Designer Brands Inc. 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Designer Brands Inc. 401(k) Plan lands in the large band (7,474 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Designer Brands Inc. 401(k) Plan reported net income rose from -$38M in the plan year 2022 filing to $40M in the plan year 2023 filing.
  • Designer Brands Inc. 401(k) Plan end-of-year assets rose from $187M in the plan year 2022 filing to $227M in the plan year 2023 filing.
  • Designer Brands Inc. 401(k) Plan reported participants rose from 6,215 in the plan year 2022 filing to 7,474 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 310746639 · Designer Brands Inc. PY 2023 · 401(k)

Designer Brands Inc. 401(k) Plan · $227M · 7,474 · 95th

  • ASSETS $227M
  • PCT 7,474
  • EIN 95th
  • RANK 401(k)
  • PHOTO near The Nordam Group LLC 401(k) Retirement Plan
  • IND ind #8186

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 Ohio →

Designer Brands Inc. 401(k) Plan in the asset neighbourhood

The Nordam Group LLC 401(k) Retirement PlanThe Nordam Group LLC 401(k) …$227MDesigner Brands Inc. 401(k) PlanDesigner Brands Inc. 401(k) …$227MInx International Retirement Savings PlanInx International Retirement…$227MSotheby's, Inc. Retirement Savings PlanSotheby's, Inc. Retirement S…$227MFacey Medical Group, a Medical Corporation Retirement Savings PlanFacey Medical Group, a Medic…$227M
End-of-year total assets ($M) among Designer Brands Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$187M
Net Assets (End of Year)$227M
Net Income$40M
Employer EIN310746639
Plan Effective Date2008-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Designer Brands Inc.)

Sponsor-wide plan assets over time

All Designer Brands Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$242M 29.42255848551529% vs 2022
2024 filing year
$180M$200M$220M$240M$260M 202220232024 $187M $242M ▲ +29.4%
Year Plans Participants Total Assets
2022 1 6,215 $187M
2023 1 7,474 $227M
2024 1 7,189 $242M

Nearby 401(k) Plans in Ohio

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

Designer Brands Inc. 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -50510152025 Total assets ($B) Participants Designer Brands Inc. 401(k) Plan, Total assets ($B): 0.227255209 · Participants: 7474Designer Brands Inc. 401(k) PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Designer Brands Inc. 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Scale composition for Designer Brands Inc. 401(k) Plan

Designer Brands Inc. 401(k) Plan reports $227M in end-of-year assets across 7,474 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $30,406 per participant (22% of the national average assets-per-participant) . Net income for plan year 2023 was $40M.

This plan identity (EIN 310746639, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $187M to $242M (+29.4%) while covered participants moved from 6,215 to 7,189 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,215 $187M Open filing
2023 7,474 $227M This page
2024 · index core 7,189 $242M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Designer Brands Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is The Nordam Group LLC 401(k) Retirement Plan in OK ($227M); by covered participants it is Bytedance 401(k) Plan in CA (7,471 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (7,474 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Designer Brands Inc. 401(k) Plan assets move in 2023? ▼
Designer Brands Inc. 401(k) Plan grew sharply - up 21.6% during 2023, from $187M to $227M. Reported net income was $40M.
How have Designer Brands Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Designer Brands Inc.'s sponsor-wide assets grew 29.4%, from $187M to $242M.
Where does Designer Brands Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Designer Brands Inc. 401(k) Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Designer Brands Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Nordam Group LLC 401(k) Retirement Plan in OK ($227M, 1,365 participants).
Which 401(k) plans cover a similar participant headcount to Designer Brands Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Bytedance 401(k) Plan in CA (7,471 participants, $506M in assets).