401(k) · DOL Form 5500 · 2023
Belk Stores Services, LLC 401(k) Plan
Data updated 2026-08-25
- $379M
- Total assets Above avg plan size
- 21,534
- Participants Very large workforce
- 97th
- Percentile by assets National rank
- $17,623
- Avg per participant Low balance/head
Official DOL plan name: Belk 401(k) Savings Plan · Sponsored by Belk Stores Services, LLC · North Carolina · Retail Trade
$379M in assets, 21,534 participants
Belk Stores Services, LLC's Belk 401(k) Savings Plan reported $379M in total assets and 21,534 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.
- #8,252 in Retail Trade (8,414 peers)
Coverage in North Carolina
Belk 401(k) Savings Plan covers 21,534 participants in North Carolina, 26x the typical North Carolina plan (state average ~819 per filing). Assets: $379M.
- #8,252
- in Retail Trade (8,414 peers)
- +10.9%
- assets growth YoY
- 3.8×
- vs typical plan assets (national mean)
Belk 401(k) Savings Plan's outsized position by total assets
Belk 401(k) Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$379,499,965 Top 3% higher than 97% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Belk 401(k) Savings Plan's mega-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Belk 401(k) Savings Plan is a mega filing (21,534 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Belk 401(k) Savings Plan reported net income rose from -$75M in the plan year 2022 filing to $37M in the plan year 2023 filing.
- Belk 401(k) Savings Plan end-of-year assets rose from $342M in the plan year 2022 filing to $379M in the plan year 2023 filing.
- Belk 401(k) Savings Plan reported participants rose from 21,340 in the plan year 2022 filing to 21,534 in the plan year 2023 filing.
DOL schedule card
Filing strip 560616731 · Belk Stores Services, LLC PY 2023 · 401(k)
Belk 401(k) Savings Plan · $379M · 21,534 · 97th
- TYPE $379M
- TYPE 21,534
- TYPE 97th
- TYPE 401(k)
- TYPE near St. Luke's Hospital of Duluth Savings Plan
- TYPE ind #8252
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 North Carolina →
Belk 401(k) Savings Plan in the asset neighbourhood
North Carolina filing particulars
| Total Assets (Beginning of Year) | $342M |
|---|---|
| Net Assets (End of Year) | $379M |
| Net Income | $37M |
| Employer EIN | 560616731 |
| Plan Effective Date | 1942-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Belk Stores Services, LLC)
Sponsor-wide plan assets over time
All Belk Stores Services, LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $710M 22.554837807013428% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 22,245 | $580M |
| 2023 | 2 | 22,344 | $651M |
| 2024 | 2 | 20,934 | $710M |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Bank of America 401(k) Plan $54.8B · 173,899
- Honeywell 401(k) Plan $15.4B · 40,004
- Duke Energy Retirement Savings Plan $10.4B · 28,121
- Truist Financial Corporation 401(k) Savings Plan $10.1B · 55,480
- Nucor Corporation Profit Sharing and Retirement Savings Plan $8.5B · 24,174
Scale composition for Belk 401(k) Savings Plan
Belk 401(k) Savings Plan reports $379M in end-of-year assets across 21,534 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.023% of 93,925,755 covered participants) - about $17,623 per participant (13% of the national average assets-per-participant) . Net income for plan year 2023 was $37M.
This plan identity (EIN 560616731, plan #333) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $342M to $401M (+17.0%) while covered participants moved from 21,340 to 20,210 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 21,340 | $342M | Open filing |
| 2023 | 21,534 | $379M | This page |
| 2024 · index core | 20,210 | $401M | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Belk 401(k) Savings Plan (401(k), $401M, 20,210 participants)
- Belk Pension Plan (Defined Benefit (Pension), $310M, 724 participants)
Belk 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is St. Luke's Hospital of Duluth Savings Plan in MN ($380M); by covered participants it is Acadia Healthcare Company, Inc. 401(k) Plan in TN (21,547 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($379M here).
- St. Luke's Hospital of Duluth Savings Plan (MN) $380M · 2,797
- Idemia Retirement Savings Plan (VA) $379M · 2,662
- Oregon Anesthesiology Group, P.C. 401(k) Profit Sharing Plan (OR) $379M · 263
- Hmshost 401(k) Retirement Savings Plan and Trust (MD) $380M · 15,836
Similar participant headcount
Nearest other-state filings by covered participants (21,534 participants); asset peers above are excluded.
- Acadia Healthcare Company, Inc. 401(k) Plan (TN) 21,547 · 13 off
- Ubs 401(k) Plan Trust (NJ) 21,579 · 45 off
- Yum Brands 401(k) Plan (KY) 21,365 · 169 off
- McDonald's Corporation 401(k) Plan (IL) 21,332 · 202 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.