401(k)
2024 plan-year 401(k) DOL Form 5500

HBC 401(K) RETIREMENT SAVINGS PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

SAKS GLOBAL ENTERPRISES LLC

This 401(k) plan holds $535M in total assets and serves 6,367 participants as of 2024. It is sponsored by SAKS GLOBAL ENTERPRISES LLC in New York. The plan reported positive net income of $8M for the year.

Total Assets (2023)
$535M
Participants
6,367
State
Industry
Retail Trade

What the Filing Says About HBC 401(K) RETIREMENT SAVINGS PLAN

HBC 401(K) RETIREMENT SAVINGS PLAN is a 401(k) retirement plan sponsored by SAKS GLOBAL ENTERPRISES LLC, headquartered in New York. As of the 2024 Form 5500 filing, the plan reports $535M in total end-of-year assets and covers 6,367 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 990372181, and the plan has been effective since 2018-09-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $527M at the beginning of 2024 to $535M at year-end — a gain of 1.5%. Net assets (after liabilities) closed the year at $535M, with reported net income of $8M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$527M
Total Assets (End of Year)$535M
Net Assets (End of Year)$535M
Net Income$8M
Plan Type401(k)
Employer EIN990372181
Plan Effective Date2018-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (SAKS GLOBAL ENTERPRISES LLC)

Year Plans Participants Total Assets
2022 1 9,166 $498M
2023 1 7,317 $527M
2024 1 6,367 $535M

Nearby 401(k) Plans in New York

Peer 401(k) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the HBC 401(K) RETIREMENT SAVINGS PLAN?
As of the 2024 Form 5500 filing, HBC 401(K) RETIREMENT SAVINGS PLAN holds $535M in total assets with 6,367 participants. It is sponsored by SAKS GLOBAL ENTERPRISES LLC.
What type of plan is HBC 401(K) RETIREMENT SAVINGS PLAN?
HBC 401(K) RETIREMENT SAVINGS PLAN is a 401(k) plan. It has been effective since 2018-09-01. The plan is filed with the U.S. Department of Labor under EIN 990372181.
Who sponsors the HBC 401(K) RETIREMENT SAVINGS PLAN?
HBC 401(K) RETIREMENT SAVINGS PLAN is sponsored by SAKS GLOBAL ENTERPRISES LLC, located in New York. The sponsor's EIN is 990372181 and the plan operates in the Retail Trade industry.
How did HBC 401(K) RETIREMENT SAVINGS PLAN perform in 2024?
HBC 401(K) RETIREMENT SAVINGS PLAN grew by 1.5% during 2024, moving from $527M to $535M in total assets. Net income was $8M.
Where can I find official filings for HBC 401(K) RETIREMENT SAVINGS PLAN?
Official Form 5500 filings for HBC 401(K) RETIREMENT SAVINGS PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 990372181 or plan name at efast.dol.gov.
How does HBC 401(K) RETIREMENT SAVINGS PLAN compare to other plans?
You can compare HBC 401(K) RETIREMENT SAVINGS PLAN against other 401(k) plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 990372181.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.