Defined Benefit (Pension) · DOL Form 5500 · 2024

Belk Stores Services, LLC Pension Plan

Data updated 2026-08-25

$310M
Total assets Above avg plan size
724
Participants Near avg headcount
96th
Percentile by assets National rank
$427,871
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

$310M in assets, 724 participants

Belk Stores Services, LLC's Belk Pension Plan reported $310M in total assets and 724 participants in its 2024 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.

  • #7,846 in Retail Trade (8,048 peers)

Where Belk Pension Plan sits by assets

Belk Pension Plan sits in the top 5% of all filed plans by assets, $310M for 724 participants (~$427,871/participant), up 14.1% in 2024.

#7,846
in Retail Trade (8,048 peers)
+14.1%
assets growth YoY
3.1×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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 2024 · DOL Form 5500

$309,778,664 Top 4% higher than 96% 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

Belk Pension Plan among mid-size filed plans by headcount

Plan-year 2024 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 (724 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Belk Pension Plan reported net income fell from $10M in the plan year 2023 filing to -$4M in the plan year 2024 filing.
  • Belk Pension Plan end-of-year assets rose from $271M in the plan year 2023 filing to $310M in the plan year 2024 filing.
  • Belk Pension Plan reported participants fell from 810 in the plan year 2023 filing to 724 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 560616731 · Belk Stores Services, LLC PY 2024 · Defined Benefit (Pension)

Belk Pension Plan · $310M · 724 · 96th

  • EIN $310M
  • EIN 724
  • EIN 96th
  • EIN Defined Benefit (Pension)
  • EIN near Pennsylvania State Education Association Pension Plan
  • EIN ind #7846

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

Belk Pension Plan$310MPennsylvania State Education Association Pension PlanPennsylvania State Education…$310MKing & Spalding LLP Cash Balance Pension PlanKing & Spalding LLP Cash Bal…$309MNational Life Group Pension Plan for EmployeesNational Life Group Pension …$309MAkin Gump Strauss Hauer & Feld Partners' Retirement PlanAkin Gump Strauss Hauer & Fe…$309M
End-of-year total assets ($M) among Belk Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$271M
Net Assets (End of Year)$223M
Net Income-$4M
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): 0.309778664 · Participants: 724Belk Pension PlanHoneywell Retirement Earnings Plan, Total assets ($B): 16.577892612 · Participants: 9923Honeywell Retirement Earnings PlanTruist Financial Corporation Pension Plan, Total assets ($B): 14.698665729 · Participants: 38548Truist Financial Corporation Pension PlanDuke Energy Retirement Cash Balance Plan, Total assets ($B): 4.678 · Participants: 13576Duke Energy Retirement Cash Balance PlanEmployees' Retirement Plan of Duke University, Total assets ($B): 2.784844379 · Participants: 22655Employees' Retirement Plan of Duke UniversityThe Hearst Corporation Retirement Plan, Total assets ($B): 2.397551709 · Participants: 1745The Hearst Corporation Retirement Plan
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 Pennsylvania State Education Association Pension Plan in PA ($310M); by covered participants it is Atlanta Ironworkers Local #387 Pension Plan in TN (723 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (724 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 Belk Pension Plan assets move in 2024? ▼
Belk Pension Plan grew at a solid clip - up 14.1% during 2024, from $271M to $310M. Reported net income was -$4M.
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 123,622 plans that reported assets for plan year 2024 (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 Pennsylvania State Education Association Pension Plan in PA ($310M, 257 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 Atlanta Ironworkers Local #387 Pension Plan in TN (723 participants, $136M 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 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.