Dollar Tree 401(k) match, vesting and fees
What Dollar Tree's 401(k) plan says about matching contributions
The Company may match employee contributions at its discretion. In 2024, the Company matched employee contributions at a rate of 100% up to a maximum of 5% of the participant’s annual compensation.
Quoted directly from the filing. Plan terms may have changed; check your current Summary Plan Description.
Plan features
Indented passages are quoted word for word from the audit report; plan terms may have changed since, so check your current Summary Plan Description.
| Employer match | Quoted from the filing above | Audit report, p. 32 ↗ |
| Roth contributions | Employee contributions are made through payroll deductions on a pre-tax basis or on an after-tax basis under the Roth 401(k) investment option. | Audit report, p. 32 ↗ |
| Loans | Under the terms of the Plan, a participant may borrow up to a maximum of $50,000, or 50% of his or her vested account balance, whichever is less, subject to certain plan restrictions. The minimum amount of any loan is $1,000. The loans bear interest at the prime rate plus 1.00% (prevailing note receivable rates were between 7.50% and 8.50% in 2024) and must be repaid within five years. If the loan is made for the purchase of a participant’s residence, the loan may be repaid over a reasonable period of time that may be no longer than 10 years. | Audit report, p. 33 ↗ |
| Recordkeeper | Empower Annuity Insurance Company O | Schedule C ↗ |
| Independent auditor | KPMG (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
All rows are from the plan year 2024 filing; plan features from its audit report.
How the plan compares
Plan year 2024 medians for 87 defined-contribution plans in retail trade with 10,000 to 49,999 participants.
| Dollar Tree: employer contribution per participant | $1,305 | |
| Peer median | $1,215 |
| Dollar Tree: average balance | $33,764 | |
| Peer median | $48,539 |
| Dollar Tree: admin expenses ÷ assets | 0.15% | |
| Peer median | 0.12% |
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 $891M at the end of plan year 2023 to $979M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 105,623 | $979M | $37.8M | $1,305 | 0.15% | Quoted in the audit report, p. 32 ↗ | Form 5500 ↗ |
| 2023 | 81,110 | $891M | $35.4M | $1,062 | 0.22% | Not published | Form 5500 ↗ |
Common questions
Does Dollar Tree match 401(k) contributions?
The audit report attached to the Dollar Tree Retirement Savings Plan's plan year 2024 Form 5500, page 32 says: “The Company may match employee contributions at its discretion. In 2024, the Company matched employee contributions at a rate of 100% up to a maximum of 5% of the participant’s annual compensation.” Plan terms may have changed; check your current Summary Plan Description.
When is the Dollar Tree 401(k) match vested?
The vesting schedule for the Dollar Tree Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Dollar Tree 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company O. The plan administrator is Dollar Tree, Inc..
I left Dollar Tree. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Dollar Tree, Inc., (757) 321-5000) or the recordkeeper, Empower Annuity Insurance Company O. The Dollar Tree old 401(k) page lists the contacts from every plan filing. Find an old Dollar Tree 401(k)
Data from the public Form 5500 annual reports Dollar Tree 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 Dollar Tree. Not financial advice. Report a correction · Methodology