401(k) · DOL Form 5500 · 2024
Target Corporation 401(k) Plan
Data updated 2026-08-25
- $14.4B
- Total assets Mega-plan scale
- 409,649
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $35,200
- Avg per participant Low balance/head
Official DOL plan name: Target Corporation 401(k) Plan · Sponsored by Target Corporation · Minnesota · Retail Trade
$14.4B in assets, 409,649 participants
Target Corporation's Target Corporation 401(k) Plan reported $14.4B in total assets and 409,649 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.
- #8,044 in Retail Trade (8,048 peers)
Coverage in Minnesota
Target Corporation 401(k) Plan covers 409,649 participants in Minnesota, 364x the typical Minnesota plan (state average ~1,126 per filing). Assets: $14.4B.
- #8,044
- in Retail Trade (8,048 peers)
- +10.8%
- assets growth YoY
- 145×
- vs typical plan assets (national mean)
Target Corporation 401(k) Plan's outsized position by total assets
Target Corporation 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$14,419,645,154 Highest reported value at or above every one of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Target Corporation 401(k) 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 401(k) Plan is a mega filing (409,649 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Target Corporation 401(k) Plan reported net income fell from $1.8B in the plan year 2023 filing to $1.4B in the plan year 2024 filing.
- Target Corporation 401(k) Plan end-of-year assets rose from $13.0B in the plan year 2023 filing to $14.4B in the plan year 2024 filing.
- Target Corporation 401(k) Plan reported participants fell from 432,617 in the plan year 2023 filing to 409,649 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 410215170 · Target Corporation PY 2024 · 401(k)
Target Corporation 401(k) Plan · $14.4B · 409,649 · 100th
- EIN $14.4B
- EIN 409,649
- EIN 100th
- EIN 401(k)
- EIN near U.S. Roche 401(k) Savings Plan
- EIN ind #8044
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 401(k) Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $13.0B |
|---|---|
| Net Assets (End of Year) | $14.4B |
| Net Income | $1.4B |
| Employer EIN | 410215170 |
| Plan Effective Date | 1967-02-01 |
| Filing Status | FILING 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
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 450,937 | $14.6B |
| 2023 | 3 | 478,341 | $16.6B |
| 2024 | 3 | 451,375 | $17.7B |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Wells Fargo & Company 401(k) Plan $57.9B · 179,076
- Unitedhealth Group 401(k) Savings Plan $26.6B · 205,460
- Medtronic Savings and Investment Plan $13.7B · 38,480
- U.S. Bank 401(k) Savings Plan $11.4B · 73,109
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $10.6B · 32,964
Scale composition for Target Corporation 401(k) Plan
Target Corporation 401(k) Plan reports $14.4B in end-of-year assets across 409,649 participants (0.12% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.44% of 93,925,755 covered participants) - about $35,200 per participant (25% of the national average assets-per-participant) . Net income for plan year 2024 was $1.4B.
This plan identity (EIN 410215170, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $11.2B to $14.4B (+28.6%) while covered participants moved from 400,422 to 409,649 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 400,422 | $11.2B | Open filing |
| 2023 | 432,617 | $13.0B | Open filing |
| 2024 · index core | 409,649 | $14.4B | This page |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Target Corporation Pension Plan (Defined Benefit (Pension), $3.3B, 41,726 participants)
Target Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is U.S. Roche 401(k) Savings Plan in CA ($14.3B); by covered participants it is The Teamster - UPS National 401(k) Tax Deferred Savings Plan in GA (452,126 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($14.4B here).
- U.S. Roche 401(k) Savings Plan (CA) $14.3B · 22,986
- Walgreens Retirement Savings Plan (IL) $14.5B · 233,635
- The Cigna Group 401(k) Plan (PA) $14.2B · 63,634
- UPS 401(k) Savings Plan (GA) $14.2B · 95,250
Similar participant headcount
Nearest other-state filings by covered participants (409,649 participants); asset peers above are excluded.
- The Teamster - UPS National 401(k) Tax Deferred Savings Plan (GA) 452,126 · 42,477 off
- Express Employment Professionals 401(k) Retirement Savings Plan (OK) 464,310 · 54,661 off
- Adp Totalsource Retirement Savings Plan (FL) 310,261 · 99,388 off
- Hca 401(k) Plan (TN) 307,086 · 102,563 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.