Defined Benefit (Pension) · DOL Form 5500 · 2024

Saks & Company LLC Pension Plan

Data updated 2026-08-11

$61M
Total assets
482
Participants
86th
Percentile by assets
$126,447
Avg per participant
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Official DOL plan name: Saks Fifth Avenue Pension Plan · Sponsored by Saks & Company LLC · New York · Retail Trade

$61M in assets, 482 participants

Saks & Company LLC's Saks Fifth Avenue Pension Plan reported $61M in total assets and 482 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • 86th percentile by assets (of 123,622 plans)
  • #7,426 in Retail Trade (8,048 peers)

Where Saks Fifth Avenue Pension Plan sits by assets

Saks Fifth Avenue Pension Plan sits in the top quartile of all filed plans by assets, $61M for 482 participants (~$126,447/participant), down 4.6% in 2024.

$61M
total plan assets (2024 EOY)
482
covered participants
86th
percentile by assets (of 123,622 plans)
$126,447
avg assets per participant

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Saks Fifth Avenue Pension Plan sits by total assets

Saks Fifth Avenue Pension Plan vs every filed plan by assets

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

$60,947,668 Top 14% higher than 86% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Saks Fifth Avenue Pension Plan reported net income fell from -$977K in the plan year 2023 filing to -$3M in the plan year 2024 filing.
  • Saks Fifth Avenue Pension Plan reported participants fell from 543 in the plan year 2023 filing to 482 in the plan year 2024 filing.
  • Saks Fifth Avenue Pension Plan end-of-year assets fell from $64M in the plan year 2023 filing to $61M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
New York
Industry
Retail Trade

Saks Fifth Avenue Pension Plan vs the 2024 asset distribution

By assets, Saks Fifth Avenue Pension Plan outranks 86% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$64M
Net Assets (End of Year)$61M
Net Income-$3M
Employer EIN131256625
Plan Effective Date1990-07-02
Filing StatusFILING RECEIVED

Sponsor Plan History (Saks & Company LLC)

$60M$62M$64M$66M 202220232024 $64.9M $61M ▼ -6.0%
Total plan assets by year, all Saks & Company LLC plans on file
Year Plans Participants Total Assets
2022 1 614 $65M
2023 1 543 $64M
2024 1 482 $61M

Nearby Defined Benefit (Pension) Plans in New York

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

Saks Fifth Avenue Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Saks Fifth Avenue Pe…, Total assets ($B): 0.060947668 · Participants: 482Saks Fifth Avenue Pe…IBM Personal Pension…, Total assets ($B): 17.919858993 · Participants: 48014IBM Personal Pension…1199seiu Health Care…, Total assets ($B): 16.913316696 · Participants: 1118331199seiu Health Care…Consolidated Edison …, Total assets ($B): 15.588456377 · Participants: 10608Consolidated Edison …Pfizer Consolidated …, Total assets ($B): 9.970337119 · Participants: 8876Pfizer Consolidated …GE Energy Pension Plan, Total assets ($B): 8.92290143 · Participants: 5829GE Energy Pension Plan
Saks Fifth Avenue Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Saks Fifth Avenue Pension Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Saks Fifth Avenue Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Saks Fifth Avenue Pension Plan assets move in 2024? ▼
Saks Fifth Avenue Pension Plan edged down modestly - down 4.6% during 2024, from $64M to $61M. Reported net income was -$3M.
How have Saks & Company LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Saks & Company LLC's sponsor-wide assets declined 6.0%, from $65M to $61M.
Where does Saks Fifth Avenue Pension Plan rank by assets among Form 5500 filers? ▼
Saks Fifth Avenue Pension Plan ranks in the 86th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Saks Fifth Avenue Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Employees of Pearl River Valley Electric Power Association in MS ($61M, 121 participants).

Next read for Saks Fifth Avenue Pension Plan

Scale reading

Ways to act on Saks Fifth Avenue Pension Plan's numbers.

  • By total assets, Saks Fifth Avenue Pension Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New York. Compare plans
  • Saks & Company LLC's sponsor-wide assets have declined 6.0% 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 131256625.

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.