Target Corporation401(k) + ESOP (KSOP)
TARGET CORPORATION 401(K) PLAN · BROOKLYN PARK, MN · plan year 2024
Target Corporation's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $14,411,303,076 across 219,259 participant accounts, with employer contributions averaging $894 per active participant. See methodology for what Form 5500 does and doesn't capture.
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 1,918 plans among Minnesota employers on file, and the 6th of 5,215 in retail trade. In 2024, employees put in $1.65 for every $1.00 the employer contributed.
Target Corporation'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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 410215170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.