Belk Stores Services, Inc.
50
Plan:
Belk 401k Savings Plan
37
55
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 34 point difference between this plan's BrightScope Rating (50) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
16 additional years of work Up to $212,800 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
Belk 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 50. This plan is in the top 15% of plans for Total Plan Cost. Belk 401k Savings Plan currently has over 23,800 active participants and over $321.1M in plan assets.
Retirement Plan Details
| Address |
2801 West Tyvola Rd.
Charlotte, NC 28217 |
| Industry | Retail Trade |
| Administrator | Ned Weavil |
| Net Plan Assets | $321,000,000 |
| Total Participants | 24,000 |
| Avg Account Balance | $13,000 |
Compare Other Companies in Peer Group
| Dillards | 61.3 |
| Saks | 52.2 |
| The Bon-Ton Stores | 52.0 |
| Barneys | 51.9 |
| Lord & Taylor LLC | 51.5 |
| Ammar's | 37.4 |
Comments