Defined Benefit (Pension) · DOL Form 5500 · 2023

Belk Stores Services, LLC Pension Plan

Data updated 2026-08-11

$271M
Total assets
810
Participants
96th
Percentile by assets
$335,135
Avg per participant
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Official DOL plan name: Belk Pension Plan · Sponsored by Belk Stores Services, LLC · North Carolina · Retail Trade

$271M in assets, 810 participants

Belk Stores Services, LLC's Belk Pension Plan reported $271M in total assets and 810 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 127,072 plans)
  • #8,210 in Retail Trade (8,414 peers)

Where Belk Pension Plan sits by assets

Belk Pension Plan sits in the top 5% of all filed plans by assets, $271M for 810 participants (~$335,135/participant), up 14.4% in 2023.

$271M
total plan assets (2023 EOY)
810
covered participants
96th
percentile by assets (of 127,072 plans)
$335,135
avg assets per participant

Where Belk Pension Plan sits by total assets

Belk Pension Plan vs every filed plan by assets

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

$271,459,406 Top 4% higher than 96% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Belk Pension Plan reported net income rose from -$80M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Belk Pension Plan end-of-year assets rose from $237M in the plan year 2022 filing to $271M in the plan year 2023 filing.
  • Belk Pension Plan reported participants fell from 905 in the plan year 2022 filing to 810 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
North Carolina
Industry
Retail Trade

Belk Pension Plan vs the 2023 asset distribution

By assets, Belk Pension Plan outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$237M
Net Assets (End of Year)$227M
Net Income$10M
Employer EIN560616731
Plan Effective Date1969-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Belk Stores Services, LLC)

$550M$600M$650M$700M$750M 202220232024 $580M $710M ▲ +22.6%
Total plan assets by year, all Belk Stores Services, LLC plans on file
Year Plans Participants Total Assets
2022 2 22,245 $580M
2023 2 22,344 $651M
2024 2 20,934 $710M

Nearby Defined Benefit (Pension) Plans in North Carolina

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

Belk Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -505101520 Total assets ($B) Participants Belk Pension Plan, Total assets ($B): 0.271459406 · Participants: 810Belk Pension PlanHoneywell Retirement…, Total assets ($B): 16.613752395 · Participants: 11145Honeywell Retirement…Truist Financial Cor…, Total assets ($B): 14.582387965 · Participants: 45818Truist Financial Cor…Duke Energy Retireme…, Total assets ($B): 4.0264 · Participants: 14485Duke Energy Retireme…Duke Energy Legacy P…, Total assets ($B): 3.3721 · Participants: 371Duke Energy Legacy P…Employees' Retiremen…, Total assets ($B): 2.616859519 · Participants: 21020Employees' Retiremen…
Belk Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
Compare Belk Pension Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Belk Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Belk Pension Plan assets move in 2023? ▼
Belk Pension Plan grew at a solid clip - up 14.4% during 2023, from $237M to $271M. Reported net income was $10M.
How have Belk Stores Services, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Belk Stores Services, LLC's sponsor-wide assets grew 22.6%, from $580M to $710M.
Where does Belk Pension Plan rank by assets among Form 5500 filers? ▼
Belk Pension Plan ranks in the 96th 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 Defined Benefit (Pension) plans are similar in size to Belk Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Teleflex Incorporated Retirement Income Plan in PA ($271M, 162 participants).

Next read for Belk Pension Plan

Scale reading

Ways to act on Belk Pension Plan's numbers.

  • By total assets, Belk Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in North Carolina. Compare plans
  • Belk Stores Services, LLC's sponsor-wide assets have grown 22.6% since 2022 across 3 plan years on file. More Retail Trade plans

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 560616731.

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.