# Target Corporation DB Plan
Source: https://planprovider.pro/companies/target-corporation-plan-001

> Target Corporation's DB plan: 38,299 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

| ALIGHT SOLUTIONS LLC|CONTRACT ADMINISTRATOR|$5,157,589|—|$5,157,589|

| NISA INVESTMENT ADVISORS, LLC|INVESTMENT MANAGEMENT|$1,464,535|—|$1,464,535|

| JP MORGAN INVESTMENT MANAGEMENT INC|INVESTMENT MANAGEMENT|$613,317|—|$613,317|

| STATE STREET BANK & TRUST COMPANY|DIRECTED TRUSTEE|$601,909|—|$601,909|

| SCHRODER INVESTMENT MANAGEMENT NA|INVESTMENT MANAGEMENT|$493,702|—|$493,702|

| AON CONSULTING|ACTUARY|$462,591|—|$462,591|

| GOLDMAN SACHS ASSET MANAGEMENT, LP|INVESTMENT MANAGEMENT|$407,028|—|$407,028|

| BLACKROCK FINANCIAL MANAGEMENT, INC|INVESTMENT MANAGEMENT|$323,100|—|$323,100|

| BLACKROCK INSTITUTIONAL TRUST CO.|INVESTMENT MANAGEMENT|$235,149|—|$235,149|

| PUGH CAPITAL MANAGEMENT, INC.|INVESTMENT MANAGEMENT|$213,945|—|$213,945|

| CALLAN LLC|CONSULTANT|$175,000|—|$175,000|

| STATE STREET GLOBAL ADVISORS TRUST|INVESTMENT MANAGEMENT|$139,657|—|$139,657|

| PARAMETRIC PORTFOLIO ASSOCIATES LLC|INVESTMENT MANAGEMENT|$100,000|—|$100,000|

| HERRON PALMER|CONSULTANT|$47,600|—|$47,600|

| ERNST & YOUNG LLP|AUDITOR|$42,000|—|$42,000|

| K.H. HUELER, INC.|CONSULTANT|$25,000|—|$25,000|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [ALIGHT SOLUTIONS LLC](https://planprovider.pro/provider/alight-solutions) — CONTRACT ADMINISTRATOR

- [JP MORGAN INVESTMENT MANAGEMENT INC](https://planprovider.pro/provider/jp-morgan-asset-management) — INVESTMENT MANAGEMENT

- [AON CONSULTING](https://planprovider.pro/provider/alight-solutions) — ACTUARY

- [GOLDMAN SACHS ASSET MANAGEMENT, LP](https://planprovider.pro/provider/goldman-sachs) — INVESTMENT MANAGEMENT

- [ERNST & YOUNG LLP](https://planprovider.pro/provider/ernst-and-young-llp) — AUDITOR

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $10,502,122

- **Estimated Expense Ratio:** 0.317% 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|

## Similar Plans

- [Target Corporation](https://planprovider.pro/companies/target-corporation-401k-plan-002) — 427,999 participants

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