Plan Snapshot
- Plan Sponsor: Target Corporation
- Sponsor EIN: 410215170
- Sponsor Address: 7000 TARGET PARKWAY, BROOKLYN PARK, MN, 55445
- Plan Type: DB
- Total Participants: 38,299
- Total Assets: $3.3B
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 | 38,299 | $3.3B | $0 | $0 |
| 2023 | 41,726 | $3.5B | $150.0M | $0 |
| 2022 | 45,700 | $3.3B | $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 |
|---|---|---|---|---|
| ERNST & YOUNG LLP | Auditor | $42,000 | — | $42,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ERNST & YOUNG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $42,000
- Estimated Expense Ratio: 0.001% 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 | $20,384,812 | $3,990,433 | $5,405,189 | $42,000 | — |
| 2023 | $20,792,585 | $4,012,461 | $5,280,969 | $42,000 | — |
| 2022 | $20,684,333 | $4,201,834 | — | — | $7,001,787 |