Plan Snapshot
- Plan Sponsor: Macys, INC
- Sponsor EIN: 133324058
- Sponsor Address: 145 PROGRESS PLACE, SPRINGDALE, OH, 45246
- Plan Type: 401(k)
- Plan Number: 014
- Total Participants: 0
- Total Assets: $4.5B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $4.5B | $0 | $0 |
| 2023 | 0 | $4.1B | $0 | $0 |
| 2022 | 0 | $3.6B | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| VANGUARD | Other Service Provider | $975,486 | — | $975,486 |
| METLIFE MANAGEMENT | Other Service Provider | $679,469 | — | $679,469 |
| GOLDMAN SACHS TRUST COMPANY, N.A. | Investment Advisor | — | $462,175 | $462,175 |
| JP MORGAN INVESTOR SERVICES | Recordkeeper | $290,000 | — | $290,000 |
| LINCOLN PREMIER LIFE INSURANCE | Recordkeeper | $185,919 | — | $185,919 |
| PAYDEN & RYGEL INVESTMENT MGMT | Other Service Provider | $173,547 | — | $173,547 |
| VOYA RETIREMENT ISURANCE & ANNUITY | Other Service Provider | $129,410 | — | $129,410 |
| NEWPORT TRUST | Other Service Provider | $125,000 | — | $125,000 |
| PRUDENTIAL LIFE | Recordkeeper | $117,426 | — | $117,426 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GOLDMAN SACHS TRUST COMPANY, N.A. — Investment Advisor
- JP MORGAN INVESTOR SERVICES — Recordkeeper
- LINCOLN PREMIER LIFE INSURANCE — Recordkeeper
- PRUDENTIAL LIFE — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,138,432
- Estimated Expense Ratio: 0.070% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $3,247,000 | $1,845,000 | $1,112,000 | — | — |
| 2023 | $3,119,000 | $1,522,000 | $1,307,000 | — | — |
| 2022 | $3,598,000 | $3,308,000 | — | — | $290,000 |