Defined Benefit (Pension) · DOL Form 5500 · 2024

Target Corporation Pension Plan

Data updated 2026-08-25

$3.3B
Total assets Very large vs avg
41,726
Participants Very large workforce
100th
Percentile by assets National rank
$79,498
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Target Corporation Pension Plan · Sponsored by Target Corporation · Minnesota · Retail Trade

$3.3B in assets, 41,726 participants

Target Corporation's Target Corporation Pension Plan reported $3.3B in total assets and 41,726 participants in its 2024 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.

  • #8,024 in Retail Trade (8,048 peers)

Coverage in Minnesota

Target Corporation Pension Plan covers 41,726 participants in Minnesota, 37x the typical Minnesota plan (state average ~1,126 per filing). Assets: $3.3B.

#8,024
in Retail Trade (8,048 peers)
-6.6%
assets change YoY
33×
vs typical plan assets (national mean)

The plan reported a net loss of $227M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Target Corporation Pension Plan's outsized position by total assets

Target Corporation Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$3,317,142,178 Highest reported value at or above every one of 123,620 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 2024

Target Corporation Pension Plan's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Target Corporation Pension Plan is a mega filing (41,726 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Target Corporation Pension Plan reported net income fell from $192M in the plan year 2023 filing to -$227M in the plan year 2024 filing.
  • Target Corporation Pension Plan reported participants fell from 45,724 in the plan year 2023 filing to 41,726 in the plan year 2024 filing.
  • Target Corporation Pension Plan end-of-year assets fell from $3.5B in the plan year 2023 filing to $3.3B in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 410215170 · Target Corporation PY 2024 · Defined Benefit (Pension)

Target Corporation Pension Plan · $3.3B · 41,726 · 100th

  • PCT $3.3B
  • PCT 41,726
  • PCT 100th
  • PCT Defined Benefit (Pension)
  • PCT near Locals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan
  • PCT ind #8024

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 Minnesota →

Target Corporation Pension Plan in the asset neighbourhood

Locals 302 & 612 of the Iuoe - Employers Construction Industry Retirement PlanLocals 302 & 612 of the Iuoe…$3.3BTarget Corporation Pension PlanTarget Corporation Pension P…$3.3BHonda Retirement Plan$3.3BEmerson Electric Company Retirement PlanEmerson Electric Company Ret…$3.3BHsbc - North America (U.S.) Pension PlanHsbc - North America (U.S.) …$3.3B
End-of-year total assets ($B) among Target Corporation Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$3.5B
Net Assets (End of Year)$3.3B
Net Income-$227M
Employer EIN410215170
Plan Effective Date1944-01-25
Filing StatusFILING RECEIVED

Sponsor Plan History (Target Corporation)

Sponsor-wide plan assets over time

All Target Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$17.7B 21.771231214917268% vs 2022
2024 filing year
$14B$15B$16B$17B$18B$19B 202220232024 $14.6B $17.7B ▲ +21.8%
Year Plans Participants Total Assets
2022 3 450,937 $14.6B
2023 3 478,341 $16.6B
2024 3 451,375 $17.7B

Nearby Defined Benefit (Pension) Plans in Minnesota

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

Target Corporation Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 2468101214 Total assets ($B) Participants Target Corporation Pension Plan, Total assets ($B): 3.317142178 · Participants: 41726Target Corporation Pension PlanMayo Pension Plan, Total assets ($B): 11.816211651 · Participants: 71743Mayo Pension Plan3M Employee Retirement Income Plan, Total assets ($B): 8.87866493 · Participants: 91323M Employee Retirement Income PlanWells Fargo & Company Cash Balance Plan, Total assets ($B): 8.278776602 · Participants: 46875Wells Fargo & Company Cash Balance PlanU.S. Bank Pension Plan, Total assets ($B): 4.38225088 · Participants: 62822U.S. Bank Pension PlanThe Travelers Pension Plan, Total assets ($B): 4.23694343 · Participants: 27237The Travelers Pension Plan
Target Corporation Pension Plan vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
Compare Target Corporation Pension Plan side-by-side with 3 peers →

Scale composition for Target Corporation Pension Plan

Target Corporation Pension Plan reports $3.3B in end-of-year assets across 41,726 participants (0.027% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.044% of 93,925,755 covered participants) - about $79,498 per participant (58% of the national average assets-per-participant) . Net income for plan year 2024 was -$227M.

This plan identity (EIN 410215170, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.3B to $3.3B (-0.9%) while covered participants moved from 50,515 to 41,726 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 50,515 $3.3B Open filing
2023 45,724 $3.5B Open filing
2024 · index core 41,726 $3.3B This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

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

Outside Minnesota, the nearest Defined Benefit (Pension) by assets is Locals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan in WA ($3.3B); by covered participants it is Ufcw International Union-Industry Variable Annuity Pension Plan in IL (41,671 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3.3B here).

Similar participant headcount

Nearest other-state filings by covered participants (41,726 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Target Corporation Pension Plan assets move in 2024? ▼
Target Corporation Pension Plan pulled back noticeably - down 6.6% during 2024, from $3.5B to $3.3B. Reported net income was -$227M.
How have Target Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Target Corporation's sponsor-wide assets grew 21.8%, from $14.6B to $17.7B.
Where does Target Corporation Pension Plan rank by assets among Form 5500 filers? ▼
Target Corporation Pension Plan ranks in the 100th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Target Corporation Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Locals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan in WA ($3.3B, 8,695 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Target Corporation Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ufcw International Union-Industry Variable Annuity Pension Plan in IL (41,671 participants, $300M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 410215170.

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.