Belk Stores Services 401(k) match, vesting and fees
What Belk Stores Services' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Schwab Retirement Plan Services Inc | Schedule C ↗ |
| Independent auditor | Forvis Mazars, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 77 defined-contribution plans in retail trade with 5,000 to 9,999 participants.
| Belk Stores Services: employer contribution per participant | $1,489 | |
| Peer median | $1,272 |
| Belk Stores Services: average balance | $60,265 | |
| Peer median | $49,447 |
| Belk Stores Services: admin expenses ÷ assets | 0.11% | |
| Peer median | 0.15% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $379M at the end of plan year 2023 to $401M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 21,400 | $401M | $9.9M | $1,489 | 0.11% | Not published | Form 5500 ↗ |
| 2023 | 22,118 | $379M | $9.7M | $1,403 | 0.12% | Not published | Form 5500 ↗ |
Other Belk Stores Services plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Belk Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Condent HR | Schedule C ↗ |
| Independent auditor | Forvis Mazars, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Common questions
Does Belk Stores Services match 401(k) contributions?
The match terms for the Belk 401k Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $9.9M in employer contributions, about $1,489 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Belk Stores Services 401(k) match vested?
The vesting schedule for the Belk 401k Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Belk Stores Services 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Schwab Retirement Plan Services Inc. The plan administrator is Belk Stores Services, LLC.
I left Belk Stores Services. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Belk Stores Services, LLC, (704) 357-1000) or the recordkeeper, Schwab Retirement Plan Services Inc. The Belk Stores Services old 401(k) page lists the contacts from every plan filing. Find an old Belk Stores Services 401(k)
Data from the public Form 5500 annual reports Belk Stores Services filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Belk Stores Services. Not financial advice. Report a correction · Methodology