Defined Benefit (Pension) · DOL Form 5500 · 2024

Saks & Company LLC Pension Plan

Data updated 2026-08-25

$61M
Total assets Below avg plan size
482
Participants Below avg headcount
86th
Percentile by assets National rank
$126,447
Avg per participant Near avg balance/head
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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.

  • #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.

#7,426
in Retail Trade (8,048 peers)
-4.6%
assets change YoY
0.6×
vs typical plan assets (national mean)

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.

Saks Fifth Avenue Pension Plan's outsized position 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 $2,050,000,000 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

Saks Fifth Avenue 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. Saks Fifth Avenue Pension Plan sits mid-pack in the medium band (482 participants).

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 →

Published 5500 schedule card

Filing strip 131256625 · Saks & Company LLC PY 2024 · Defined Benefit (Pension)

Saks Fifth Avenue Pension Plan · $61M · 482 · 86th

  • TYPE $61M
  • NET 482
  • BOOK 86th
  • VS-ST Defined Benefit (Pension)
  • BOY near Retirement Plan for Employees of Pearl River Valley Electric Power Association
  • SCH ind #7426

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 New York →

Saks Fifth Avenue Pension Plan in the asset neighbourhood

Chapman and Cutler LLP Cash Balance PlanChapman and Cutler LLP Cash …$61MSaks Fifth Avenue Pension PlanSaks Fifth Avenue Pension Pl…$61MRetirement Plan for Employees of Pearl River Valley Electric Power AssociationRetirement Plan for Employee…$61MThe Tenacre Foundation Pension PlanThe Tenacre Foundation Pensi…$61MUfcw Int'l Union-Albertsons Variable Annuity Pension FundUfcw Int'l Union-Albertsons …$61M
End-of-year total assets ($M) among Saks Fifth Avenue 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)$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)

Sponsor-wide plan assets over time

All Saks & Company LLC plans reported in each filing year

Latest sponsor-wide plan assets
$61M 6.042976584828895% vs 2022
2024 filing year
$60M$62M$64M$66M 202220232024 $64.9M $61M ▼ -6.0%
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 ($B) Participants Saks Fifth Avenue Pension Plan, Total assets ($B): 0.060947668 · Participants: 482Saks Fifth Avenue Pension PlanIBM Personal Pension Plan, Total assets ($B): 17.919858993 · Participants: 48014IBM Personal Pension Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.913316696 · Participants: 1118331199seiu Health Care Employees Pension FundConsolidated Edison Retirement Plan, Total assets ($B): 15.588456377 · Participants: 10608Consolidated Edison Retirement PlanPfizer Consolidated Pension Plan, Total assets ($B): 9.970337119 · Participants: 8876Pfizer Consolidated Pension PlanGE 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 →

Saks Fifth Avenue Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Retirement Plan for Employees of Pearl River Valley Electric Power Association in MS ($61M); by covered participants it is Southern California Plastering Institute Pension Trust Fund in CA (482 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (482 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 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).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Saks Fifth Avenue Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Southern California Plastering Institute Pension Trust Fund in CA (482 participants, $100M 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 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.