401(k) · DOL Form 5500 · 2024
Belk Stores Services, LLC 401(k) Plan
Data updated 2026-08-25
- $401M
- Total assets Above avg plan size
- 20,210
- Participants Very large workforce
- 97th
- Percentile by assets National rank
- $19,824
- Avg per participant Low balance/head
Official DOL plan name: Belk 401(k) Savings Plan · Sponsored by Belk Stores Services, LLC · North Carolina · Retail Trade
$401M in assets, 20,210 participants
Belk Stores Services, LLC's Belk 401(k) Savings Plan reported $401M in total assets and 20,210 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.
- #7,883 in Retail Trade (8,048 peers)
Coverage in North Carolina
Belk 401(k) Savings Plan covers 20,210 participants in North Carolina, 25x the typical North Carolina plan (state average ~819 per filing). Assets: $401M.
- #7,883
- in Retail Trade (8,048 peers)
- +5.6%
- assets growth YoY
- 4.0×
- vs typical plan assets (national mean)
Belk 401(k) Savings Plan's outsized position by total assets
Belk 401(k) Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$400,640,907 Top 3% higher than 97% 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
Belk 401(k) Savings 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. Belk 401(k) Savings Plan is a mega filing (20,210 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Belk 401(k) Savings Plan reported net income fell from $37M in the plan year 2023 filing to $21M in the plan year 2024 filing.
- Belk 401(k) Savings Plan reported participants fell from 21,534 in the plan year 2023 filing to 20,210 in the plan year 2024 filing.
- Belk 401(k) Savings Plan end-of-year assets rose from $379M in the plan year 2023 filing to $401M in the plan year 2024 filing.
DOL schedule card
Filing strip 560616731 · Belk Stores Services, LLC PY 2024 · 401(k)
Belk 401(k) Savings Plan · $401M · 20,210 · 97th
- TYPE $401M
- TYPE 20,210
- TYPE 97th
- TYPE 401(k)
- TYPE near Resmed U S 401(k) Plan
- TYPE ind #7883
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 401(k) Savings Plan in the asset neighbourhood
North Carolina filing particulars
| Total Assets (Beginning of Year) | $379M |
|---|---|
| Net Assets (End of Year) | $401M |
| Net Income | $21M |
| Employer EIN | 560616731 |
| Plan Effective Date | 1942-01-01 |
| Filing Status | FILING 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
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 22,245 | $580M |
| 2023 | 2 | 22,344 | $651M |
| 2024 | 2 | 20,934 | $710M |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Bank of America 401(k) Plan $62.9B · 168,963
- Honeywell 401(k) Plan $16.3B · 39,468
- Duke Energy Retirement Savings Plan $11.3B · 27,341
- Nucor Corporation Profit Sharing and Retirement Savings Plan $9.3B · 27,070
- Truist Financial Corporation 401(k) Savings Plan $9.2B · 52,699
Scale composition for Belk 401(k) Savings Plan
Belk 401(k) Savings Plan reports $401M in end-of-year assets across 20,210 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.022% of 93,925,755 covered participants) - about $19,824 per participant (14% of the national average assets-per-participant) . Net income for plan year 2024 was $21M.
This plan identity (EIN 560616731, plan #333) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $342M to $401M (+17.0%) while covered participants moved from 21,340 to 20,210 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 21,340 | $342M | Open filing |
| 2023 | 21,534 | $379M | Open filing |
| 2024 · index core | 20,210 | $401M | This page |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Belk Pension Plan (Defined Benefit (Pension), $310M, 724 participants)
Belk 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is Resmed U S 401(k) Plan in CA ($401M); by covered participants it is Learning Care Group Retirement Savings Plan in MI (20,213 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($401M here).
- Resmed U S 401(k) Plan (CA) $401M · 2,807
- Central Bancompany Tax Reduction Thrift 401(k) Plan (MO) $401M · 2,984
- The Nebraska Furniture Mart, Inc. Profit Sharing Plan (NE) $400M · 4,880
- Coca Cola Beverages Northeast, Inc. Incentive Savings Plan (NH) $400M · 2,821
Similar participant headcount
Nearest other-state filings by covered participants (20,210 participants); asset peers above are excluded.
- Learning Care Group Retirement Savings Plan (MI) 20,213 · 3 off
- Adt Security Corporation Retirement Savings and Investment Plan (FL) 20,206 · 4 off
- Marsh & Mclennan Companies 401(k) Savings and Investment Plan (NY) 20,222 · 12 off
- Adams Keegan Retirement Savings Plan (TN) 20,248 · 38 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.