Defined Benefit (Pension)
2023 plan-year Defined Benefit (Pension) DOL Form 5500

TARGET CORPORATION PENSION PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

TARGET CORPORATION

This Defined Benefit (Pension) plan holds $3.5B in total assets and serves 45,724 participants as of 2023. It is sponsored by TARGET CORPORATION in Minnesota. The plan reported positive net income of $192M for the year.

Total Assets (2023)
$3.5B
Participants
45,724
State
Industry
Retail Trade

What the Filing Says About TARGET CORPORATION PENSION PLAN

TARGET CORPORATION PENSION PLAN is a Defined Benefit (Pension) retirement plan sponsored by TARGET CORPORATION, headquartered in Minnesota. As of the 2023 Form 5500 filing, the plan reports $3.5B in total end-of-year assets and covers 45,724 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 410215170, and the plan has been effective since 1944-01-25. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $3.3B at the beginning of 2023 to $3.5B at year-end — a gain of 6.0%. Net assets (after liabilities) closed the year at $3.5B, with reported net income of $192M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$3.3B
Total Assets (End of Year)$3.5B
Net Assets (End of Year)$3.5B
Net Income$192M
Plan TypeDefined Benefit (Pension)
Employer EIN410215170
Plan Effective Date1944-01-25
Filing StatusFILING RECEIVED

Sponsor Plan History (TARGET CORPORATION)

Year Plans Participants Total Assets
2022 3 450,937 $14.6B
2023 3 478,341 $16.6B
2024 3 451,375 $17.7B

Nearby Defined Benefit (Pension) Plans in Minnesota

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the TARGET CORPORATION PENSION PLAN?
As of the 2023 Form 5500 filing, TARGET CORPORATION PENSION PLAN holds $3.5B in total assets with 45,724 participants. It is sponsored by TARGET CORPORATION.
What type of plan is TARGET CORPORATION PENSION PLAN?
TARGET CORPORATION PENSION PLAN is a Defined Benefit (Pension) plan. It has been effective since 1944-01-25. The plan is filed with the U.S. Department of Labor under EIN 410215170.
Who sponsors the TARGET CORPORATION PENSION PLAN?
TARGET CORPORATION PENSION PLAN is sponsored by TARGET CORPORATION, located in Minnesota. The sponsor's EIN is 410215170 and the plan operates in the Retail Trade industry.
How did TARGET CORPORATION PENSION PLAN perform in 2023?
TARGET CORPORATION PENSION PLAN grew by 6.0% during 2023, moving from $3.3B to $3.5B in total assets. Net income was $192M.
Where can I find official filings for TARGET CORPORATION PENSION PLAN?
Official Form 5500 filings for TARGET CORPORATION PENSION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 410215170 or plan name at efast.dol.gov.
How does TARGET CORPORATION PENSION PLAN compare to other plans?
You can compare TARGET CORPORATION PENSION PLAN against other Defined Benefit (Pension) plans on the plan type page, or view plans in Minnesota on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 410215170.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.