Plan Snapshot
- Plan Sponsor: Penney Opco, LLC
- Sponsor EIN: 043227926
- Sponsor Address: BENEFITS DEPARTMENT, PLANO, TX, 75024
- Plan Type: 401(k)
- Plan Number: 005
- Total Participants: 0
- Total Assets: $2.1B
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 | $2.1B | $0 | $0 |
| 2023 | 0 | $2.0B | $0 | $0 |
| 2022 | 0 | $1.8B | $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 |
|---|---|---|---|---|
| ALIGHT SOLUTIONS LLC | Recordkeeper | $1,870,000 | — | $1,870,000 |
| STATE STREET BANK AND TRUST COMPANY | Other Service Provider | $529,000 | — | $529,000 |
| RUSSELL ANALYTICAL | Investment Advisor | $125,000 | — | $125,000 |
| STATE STREET GLOBAL ADVISORS | Other Service Provider | $101,000 | — | $101,000 |
| BAKER TILLY US, LLP | Auditor | $97,000 | — | $97,000 |
| T. ROWE PRICE | Other Service Provider | $48,000 | — | $48,000 |
| FINSTON FRIEDMAN FISHER LAW GROUP | Other Service Provider | $12,000 | — | $12,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS LLC — Recordkeeper
- RUSSELL ANALYTICAL — Investment Advisor
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,782,000
- Estimated Expense Ratio: 0.132% 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 | $2,782,000 | $149,000 | $125,000 | $97,000 | — |
| 2023 | $3,185,000 | $332,000 | $125,000 | $92,000 | — |
| 2022 | $398,000 | $398,000 | — | — | — |