Macys 401(k) match, vesting and fees
What Macys' 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 | Merrill Lynch Pierce Fenner & Smith | Schedule C ↗ |
| Independent auditor | Clark Schaefer Hackett & Co. (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 22 defined-contribution plans in retail trade with 50,000 or more participants.
| Macys: employer contribution per participant | $708 | |
| Peer median | $1,179 |
| Macys: average balance | $37,153 | |
| Peer median | $58,043 |
| Macys: admin expenses ÷ assets | 0.08% | |
| Peer median | 0.09% |
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 $4.3B at the end of plan year 2023 to $4.6B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 163,125 | $4.6B | $88.3M | $708 | 0.08% | Not published | Form 5500 ↗ |
| 2023 | 170,858 | $4.3B | $84.3M | $655 | 0.09% | Not published | Form 5500 ↗ |
Other Macys plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Macys Inc Cash Account 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 | Merrill Lynch,pierce,fenner & Smith | Schedule C ↗ |
| Independent auditor | Clark Schaefer Hackett & Co. (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Macys match 401(k) contributions?
The match terms for the Macys Inc 401(k) Retirement Investment Plan have not been published from its filing yet. The plan year 2024 filing reports $88.3M in employer contributions, about $708 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Macys 401(k) match vested?
The vesting schedule for the Macys Inc 401(k) Retirement Investment Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Macys 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Merrill Lynch Pierce Fenner & Smith. The plan administrator is Macys Inc Pension & P/S Admin Comm.
I left Macys. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Macys Inc Pension & P/S Admin Comm, (513) 782-1200) or the recordkeeper, Merrill Lynch Pierce Fenner & Smith. The Macys old 401(k) page lists the contacts from every plan filing. Find an old Macys 401(k)
Data from the public Form 5500 annual reports Macys 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 Macys. Not financial advice. Report a correction · Methodology