401(k) · DOL Form 5500 · 2023

Designer Brands Inc. 401(k) Plan

Data updated 2026-08-11

$227M
Total assets
7,474
Participants
95th
Percentile by assets
$30,406
Avg per participant
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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.

  • 95th percentile by assets (of 127,072 plans)
  • #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.

$227M
total plan assets (2023 EOY)
7,474
covered participants
95th
percentile by assets (of 127,072 plans)
$30,406
avg assets per participant

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 →

State
Industry

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Designer Brands Inc. 401(k) Plan reports 7,474 participants - 9.8x that state average ($227M EOY assets).

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.)

$180M$200M$220M$240M$260M 202220232024 $187M $242M ▲ +29.4%
Total plan assets by year, all Designer Brands Inc. plans on file
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

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.…GE Retirement Saving…The Sherwin-Williams…The Progressive 401(…The Kroger Co. 401(k…Nationwide Savings P…
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:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Designer Brands Inc. 401(k) Plan by total assets, not by location.

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).

Next read for Designer Brands Inc. 401(k) Plan

Filing takeaways

Ways to act on Designer Brands Inc. 401(k) Plan's numbers.