Plan Ledger DOL Form 5500 · updated monthly

Dillard's, Inc.401(k) + ESOP (KSOP)

DILLARD'S, INC. INVESTMENT & EMPLOYEE STOCK OWNERSHIP PLAN · LITTLE ROCK, AR · plan year 2024

Reported admin expense ratio · 2024
0.08%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Dillard's, Inc. reported $2,369,185 in plan administrative expenses for 2024: 0.08% of average plan assets, higher than ~75% of peers. Employer contributions averaged $850 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.07% to 0.08%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other retail trade employers. By assets it is the 3rd-largest of 456 plans among Arkansas employers on file, and the 25th of 5,215 in retail trade. In 2024, employees put in $2.29 for every $1.00 the employer contributed; active participation has shrunk from 30,034 to 26,070 since 2022.

Plan summary
Net assets, end of year$3,003,951,988
Participants with balances36,958
Active participants26,070
Employer contributions$22,164,150
Employee contributions$50,771,035
Employer contribution per active participant$850
Average account balance$81,280
Benefits paid to participants$273,883,620
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.0B · 36,958 accts · $22.2M emplr
2023$2.9B · 35,881 accts · $22.2M emplr
2022$2.4B · 34,679 accts · $19.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,900,218
Investment management$106,832
Audit (IQPA)$73,500
Trustee / custodial$200,000
Total administrative$2,369,185
The Dillard's, Inc. 401(k) match · 2024
Employer contribution per active participant$850
Median for plans this size$5,259
2024$850 per active participant
2023$738 per active participant
2022$642 per active participant

Dillard's, Inc.'s 2024 employer contribution ran below the $5,259 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20247
MILLIMAN · Recordkeeping · Loan processing$1,900,218
NEWPORT TRUST COMPANY · Trustee$200,000
NEWPORT GROUP SECURITIES · Investment advisory (plan)$106,832
GRANT THORNTON · Accounting / audit$52,500
TOPPAN MERRILL LLC · Participant communication$46,342
FRIDAY ELDREDGE & CLARK, LLP · Legal$42,293
BDO USA, P.C. · Accounting / audit$21,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Milliman
2023Milliman

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$2,369,185 · 0.08%
2023$1,746,303 · 0.07%
2022$1,515,923 · 0.07%
Same employer
Similar plansRetail Trade · Arkansas
Walmart Inc. AR$50.7B · 0.09%
Wegmans Food Markets Inc. NY$3.4B · 0.01%
Rite Aid Corporation PA$3.3B · 0.07%
Trader Joe's Company CA$3.2B · 0.02%
Hy-Vee, Inc. IA$3.1B · 0.11%
Gap Inc. CA$2.6B · 0.06%
Whole Foods Market, Inc. TX$2.4B · 0.19%
Cdw LLC IL$2.3B · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710388071 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.