401(k) · DOL Form 5500 · 2023

Macys, Inc. 401(k) Plan

Data updated 2026-08-06

$4.3B
Total assets
120,254
Participants
100th
Percentile by assets
$35,428
Avg per participant
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Official DOL plan name: Macys Inc 401(k) Retirement Investment Plan · Sponsored by Macys, Inc. · Ohio · Retail Trade

$4.3B in assets, 120,254 participants

Macys, Inc.'s Macys Inc 401(k) Retirement Investment Plan reported $4.3B in total assets and 120,254 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

  • 100th percentile by assets (of 126,618 plans)
  • #8,356 in Retail Trade (8,373 peers)

Coverage in Ohio

Macys Inc 401(k) Retirement Investment Plan covers 120,254 participants in Ohio, 153x the typical Ohio plan (state average ~787 per filing). Assets: $4.3B.

$4.3B
total plan assets (2023 EOY)
120,254
covered participants
100th
percentile by assets (of 126,618 plans)
$35,428
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Macys Inc 401(k) Retirement Investment Plan reported net income rose from -$691M in the plan year 2022 filing to $539M in the plan year 2023 filing.
  • Macys Inc 401(k) Retirement Investment Plan end-of-year assets rose from $3.7B in the plan year 2022 filing to $4.3B in the plan year 2023 filing.
  • Macys Inc 401(k) Retirement Investment Plan reported participants rose from 117,463 in the plan year 2022 filing to 120,254 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Ohio filers

In Ohio, the average filing covers about 787 participants across 4,840 plans. Macys Inc 401(k) Retirement Investment Plan reports 120,254 participants - 153x that state average ($4.3B EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$3.7B
Net Assets (End of Year)$4.3B
Net Income$539M
Employer EIN133324058
Plan Effective Date1953-01-25
Filing StatusFILING RECEIVED

Sponsor Plan History (Macys, Inc.)

$5.8B$6B$6.2B$6.4B$6.6B 202220232024 $6.02B $6.51B ▲ +8.1%
Total plan assets by year, all Macys, Inc. plans on file
Year Plans Participants Total Assets
2022 2 138,105 $6.0B
2023 2 139,005 $6.3B
2024 2 126,713 $6.5B

Nearby 401(k) Plans in Ohio

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

Macys Inc 401(k) Retirement Investment Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Macys Inc 401(k) Retirement Investment Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. 050000100000150000 0510152025 Total assets ($B) Participants Macys Inc 401(k) Ret…GE Retirement Saving…The Sherwin-Williams…The Progressive 401(…The Kroger Co. 401(k…Nationwide Savings P…
Macys Inc 401(k) Retirement Investment Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Scale composition for Macys Inc 401(k) Retirement Investment Plan

Macys Inc 401(k) Retirement Investment Plan reports $4.3B in end-of-year assets across 120,254 participants (0.037% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.13% of 89,805,449 covered participants) - about $35,428 per participant (26% of the national average assets-per-participant) . Net income for plan year 2023 was $539M.

This plan identity (EIN 133324058, plan #013) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.7B to $4.6B (+24.5%) while covered participants moved from 117,463 to 109,553 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 117,463 $3.7B Open filing
2023 120,254 $4.3B This page
2024 · index core 109,553 $4.6B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Macys Inc 401(k) Retirement Investment Plan by total assets, not by location.

Frequently Asked Questions

How did Macys Inc 401(k) Retirement Investment Plan assets move in 2023?
Macys Inc 401(k) Retirement Investment Plan grew at a solid clip - up 14.5% during 2023, from $3.7B to $4.3B. Reported net income was $539M.
How have Macys, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Macys, Inc.'s sponsor-wide assets grew 8.2%, from $6.0B to $6.5B.
Where does Macys Inc 401(k) Retirement Investment Plan rank by assets among Form 5500 filers?
Macys Inc 401(k) Retirement Investment Plan ranks in the 100th percentile by end-of-year assets among 126,618 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Macys Inc 401(k) Retirement Investment Plan?
Among 401(k) plans in other states, the closest by assets is The Savings and Investment Plan in NY ($4.3B, 20,919 participants).

Next read for Macys Inc 401(k) Retirement Investment P…

Filing takeaways

Ways to act on Macys Inc 401(k) Retirement Investment Plan's numbers.