Defined Benefit (Pension) · DOL Form 5500 · 2023

Belk Stores Services, LLC Pension Plan

Data updated 2026-08-25

$271M
Total assets Near avg plan size
810
Participants Near avg headcount
96th
Percentile by assets National rank
$335,135
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#8,210
in Retail Trade (8,414 peers)
+14.4%
assets growth YoY
2.7×
vs typical plan assets (national mean)

Belk Pension Plan's outsized position 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 $2,050,000,000 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

Belk 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. Belk Pension Plan sits mid-pack in the medium band (810 participants).

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 →

DOL schedule card

Filing strip 560616731 · Belk Stores Services, LLC PY 2023 · Defined Benefit (Pension)

Belk Pension Plan · $271M · 810 · 96th

  • 5500 $271M
  • ASSETS 810
  • PCT 96th
  • EIN Defined Benefit (Pension)
  • RANK near Teleflex Incorporated Retirement Income Plan
  • PHOTO ind #8210

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 Pension Plan in the asset neighbourhood

Retirement Plan for Great Dane LLCRetirement Plan for Great Da…$272MEmory Healthcare, Inc. Retirement Plan 2Emory Healthcare, Inc. Retir…$272MTeleflex Incorporated Retirement Income PlanTeleflex Incorporated Retire…$271MBelk Pension Plan$271MU.a. Plumbers & Steamfitters Local 22 Pension FundU.a. Plumbers & Steamfitters…$271M
End-of-year total assets ($M) among Belk 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)$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)

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
$550M$600M$650M$700M$750M 202220232024 $580M $710M ▲ +22.6%
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 Earnings Plan, Total assets ($B): 16.613752395 · Participants: 11145Honeywell Retirement Earnings PlanTruist Financial Corporation Pension Plan, Total assets ($B): 14.582387965 · Participants: 45818Truist Financial Corporation Pension PlanDuke Energy Retirement Cash Balance Plan, Total assets ($B): 4.0264 · Participants: 14485Duke Energy Retirement Cash Balance PlanDuke Energy Legacy Pension Plan, Total assets ($B): 3.3721 · Participants: 371Duke Energy Legacy Pension PlanEmployees' Retirement Plan of Duke University, Total assets ($B): 2.616859519 · Participants: 21020Employees' Retirement Plan of Duke University
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 →

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

Outside North Carolina, the nearest Defined Benefit (Pension) by assets is Teleflex Incorporated Retirement Income Plan in PA ($271M); by covered participants it is Agri-Mark Inc. Pension Plan in MA (809 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($271M here).

Similar participant headcount

Nearest other-state filings by covered participants (810 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 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Belk Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Agri-Mark Inc. Pension Plan in MA (809 participants, $131M 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 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.