Defined Benefit (Pension) · DOL Form 5500 · 2024
Target Corporation Pension Plan
Data updated 2026-07-24
- $3.3B
- Total assets
- 41,726
- Participants
- 100th
- Percentile by assets
- $79,498
- Avg per participant
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.
- 100th percentile by assets (of 116,472 plans)
Coverage in Minnesota
Target Corporation Pension Plan covers 41,726 participants in Minnesota, 36x the typical Minnesota plan (state average ~1,161 per filing). Assets: $3.3B.
- $3.3B
- total plan assets (2024 EOY)
- 41,726
- covered participants
- 100th
- percentile by assets (of 116,472 plans)
- $79,498
- avg assets per participant
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.
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.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,161 participants across 2,725 plans. Target Corporation Pension Plan reports 41,726 participants - 36x that state average ($3.3B EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $3.5B |
|---|---|
| Net Assets (End of Year) | $3.3B |
| Net Income | -$227M |
| Employer EIN | 410215170 |
| Plan Effective Date | 1944-01-25 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Target Corporation)
| 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
- Mayo Pension Plan $11.8B · 71,743
- 3M Employee Retirement Income Plan $8.9B · 9,132
- Wells Fargo & Company Cash Balance Plan $8.3B · 46,875
- U.S. Bank Pension Plan $4.4B · 62,822
- The Travelers Pension Plan $4.2B · 27,237
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Target Corporation Pension Plan by total assets, not by location.
- Locals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan (WA) $3.3B · 8,695
- Honda Retirement Plan (CA) $3.3B · 8,401
- Hsbc - North America (U.S.) Pension Plan (IL) $3.3B · 2,447
- Schlumberger Technology Corporation Pension Plan (TX) $3.4B · 1,633
Frequently Asked Questions
How did Target Corporation Pension Plan assets move in 2024? ▼
How have Target Corporation plan assets changed over time? ▼
Where does Target Corporation Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Target Corporation Pension Plan? ▼
Next read for Target Corporation Pension Plan
Filing takeaways
Ways to act on Target Corporation Pension Plan's numbers.
- By total assets, Target Corporation Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Minnesota. Compare plans
- Target Corporation's sponsor-wide assets have grown 21.8% 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 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.