Defined Benefit (Pension) · DOL Form 5500 · 2023

Saks & Company LLC Pension Plan

Data updated 2026-08-25

$64M
Total assets Below avg plan size
543
Participants Below avg headcount
88th
Percentile by assets National rank
$117,633
Avg per participant Below avg balance/head
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Official DOL plan name: Saks Fifth Avenue Pension Plan · Sponsored by Saks & Company LLC · New York · Retail Trade

$64M in assets, 543 participants

Saks & Company LLC's Saks Fifth Avenue Pension Plan reported $64M in total assets and 543 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #7,843 in Retail Trade (8,414 peers)

Where Saks Fifth Avenue Pension Plan sits by assets

Saks Fifth Avenue Pension Plan sits in the top quartile of all filed plans by assets, $64M for 543 participants (~$117,633/participant), down 1.5% in 2023.

#7,843
in Retail Trade (8,414 peers)
-1.5%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $977K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Saks Fifth Avenue Pension Plan's outsized position by total assets

Saks Fifth Avenue Pension Plan vs every filed plan by assets

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

$63,874,863 Top 12% higher than 88% 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

Saks Fifth Avenue Pension Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Saks Fifth Avenue Pension Plan sits mid-pack in the medium band (543 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Saks Fifth Avenue Pension Plan reported net income rose from -$20M in the plan year 2022 filing to -$977K in the plan year 2023 filing.
  • Saks Fifth Avenue Pension Plan reported participants fell from 614 in the plan year 2022 filing to 543 in the plan year 2023 filing.
  • Saks Fifth Avenue Pension Plan end-of-year assets fell from $65M in the plan year 2022 filing to $64M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 131256625 · Saks & Company LLC PY 2023 · Defined Benefit (Pension)

Saks Fifth Avenue Pension Plan · $64M · 543 · 88th

  • ASSETS $64M
  • PCT 543
  • EIN 88th
  • RANK Defined Benefit (Pension)
  • PHOTO near International Union of Elevator Constructors Officers and Employees Pension Plan
  • IND ind #7843

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 New York →

Saks Fifth Avenue Pension Plan in the asset neighbourhood

International Union of Elevator Constructors Officers and Employees Pension PlanInternational Union of Eleva…$64MSaks Fifth Avenue Pension PlanSaks Fifth Avenue Pension Pl…$64MPension Fund of Local 11, IatsePension Fund of Local 11, Ia…$64MCape Regional Health System, Inc. Pension PlanCape Regional Health System,…$64MThe Retirement Plan for Employees of Thomaston Savings BankThe Retirement Plan for Empl…$64M
End-of-year total assets ($M) among Saks Fifth Avenue Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$65M
Net Assets (End of Year)$64M
Net Income-$977K
Employer EIN131256625
Plan Effective Date1990-07-02
Filing StatusFILING RECEIVED

Sponsor Plan History (Saks & Company LLC)

Sponsor-wide plan assets over time

All Saks & Company LLC plans reported in each filing year

Latest sponsor-wide plan assets
$61M 6.042976584828895% vs 2022
2024 filing year
$60M$62M$64M$66M 202220232024 $64.9M $61M ▼ -6.0%
Year Plans Participants Total Assets
2022 1 614 $65M
2023 1 543 $64M
2024 1 482 $61M

Nearby Defined Benefit (Pension) Plans in New York

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

Saks Fifth Avenue Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Saks Fifth Avenue Pension Plan, Total assets ($B): 0.063874863 · Participants: 543Saks Fifth Avenue Pension PlanIBM Personal Pension Plan, Total assets ($B): 24.955758896 · Participants: 14881IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 16.184377155 · Participants: 10779Consolidated Edison Retirement Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.16620463 · Participants: 1075821199seiu Health Care Employees Pension FundPfizer Consolidated Pension Plan, Total assets ($B): 10.955262618 · Participants: 9616Pfizer Consolidated Pension PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.599669 · Participants: 12289Pepsico Employees Retirement Plan I
Saks Fifth Avenue Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Saks Fifth Avenue Pension Plan side-by-side with 3 peers →

Saks Fifth Avenue Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is International Union of Elevator Constructors Officers and Employees Pension Plan in MD ($64M); by covered participants it is Driv Employees Retirement Plan in MI (544 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (543 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 Saks Fifth Avenue Pension Plan assets move in 2023? ▼
Saks Fifth Avenue Pension Plan edged down modestly - down 1.5% during 2023, from $65M to $64M. Reported net income was -$977K.
How have Saks & Company LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Saks & Company LLC's sponsor-wide assets declined 6.0%, from $65M to $61M.
Where does Saks Fifth Avenue Pension Plan rank by assets among Form 5500 filers? ▼
Saks Fifth Avenue Pension Plan ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Saks Fifth Avenue Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is International Union of Elevator Constructors Officers and Employees Pension Plan in MD ($64M, 36 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Saks Fifth Avenue Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Driv Employees Retirement Plan in MI (544 participants, $194M in assets).

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 131256625.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.