Plan Snapshot
- Plan Sponsor: Target Corporation
- Sponsor EIN: 410215170
- Sponsor Address: 7000 TARGET PARKWAY, BROOKLYN PARK, MN, 55445
- Plan Type: 401(k)
- Plan Number: 005
- Total Participants: 0
- Total Assets: $14.2B
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 | $14.2B | $0 | $0 |
| 2023 | 0 | $12.8B | $0 | $0 |
| 2022 | 0 | $11.0B | $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 FINANCIAL ADVISORS, LLC | Investment Advisor | $8,651,442 | — | $8,651,442 |
| ALIGHT SOLUTIONS LLC | Recordkeeper | $7,185,054 | — | $7,185,054 |
| BLACKROCK INSTITUTIONAL TRUST CO. | Investment Advisor | $3,156,297 | — | $3,156,297 |
| STATE STREET BANK AND TRUST COMPANY | Custodian / Trustee | $1,148,446 | — | $1,148,446 |
| STATE STREET GLOBAL ADVISORS TRUST | Investment Advisor | $824,778 | — | $824,778 |
| ED DESIGN | Other Service Provider | $224,952 | — | $224,952 |
| HERRON PALMER | Other Service Provider | $47,880 | — | $47,880 |
| ERNST & YOUNG LLP | Auditor | $42,000 | — | $42,000 |
| CALLAN LLC | Other Service Provider | $18,750 | — | $18,750 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT FINANCIAL ADVISORS, LLC — Investment Advisor
- ALIGHT SOLUTIONS LLC — Recordkeeper
- ERNST & YOUNG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,299,599
- Estimated Expense Ratio: 0.150% 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 | $21,299,599 | $12,632,517 | $7,251,684 | $42,000 | — |
| 2023 | $11,629,228 | $3,406,257 | $6,863,349 | $42,000 | — |
| 2022 | $12,203,208 | $4,475,336 | — | — | $7,427,243 |