Belk Pension Plan — Form 5500 plan (Belk Stores Services, LLC)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Belk Pension Plan is a benefit plan reported by Belk Stores Services, LLC under EIN 56-0616731 and plan number 334. The latest loaded filing year is 2023. The filing reports 2,995 participants and $271,459,406 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Belk Stores Services, LLC
EIN
56-0616731
Plan number
334
Plan type
2
Location
Charlotte, NC
Latest filing year
2023
Participants
2,995
End-of-year plan assets
$271,459,406

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,995H, C20241014143231NAL0053975266002

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$271,459,406
Total liabilities (EOY)
$44,340,380
Net assets (EOY)
$227,119,026
Net assets (BOY)
$217,292,548

Income & contributions

Total income / additions
$24,327,309

Expenses & distributions

Benefits paid
$12,867,960
Administrative expenses
$1,632,871
Total expenses
$14,500,831
Net increase / (decrease)
$9,826,478

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Buck Global, LLCNONE$287,940not reported in the loaded dataset2023
Towers WatsonACTUARY$264,296not reported in the loaded dataset2023
PimcoINVESTMENT MANAGER$204,080not reported in the loaded dataset2023
Income Research And ManagementINVESTMENT MANAGER$164,601not reported in the loaded dataset2023
State Street Bank & Trust CompanyINVESTMENT MANAGER$113,394not reported in the loaded dataset2023
Belk Store ServicesPLAN SPONSER$111,492not reported in the loaded dataset2023
Condent HrRECORDKEEPER/CONSULTING$42,000not reported in the loaded dataset2023
Forvis Mazars, LlpACCOUNTANT/AUDITOR$22,750not reported in the loaded dataset2023
BlackrockINVESTMENT MANAGER$18,524not reported in the loaded dataset2023
Susan ReisnerATTORNEY$8,761not reported in the loaded dataset2023

Related Form 5500 pages