Department of Labor filing
Spot something wrong?Target 401(k) plan
TARGET CORPORATION 401(K) PLAN · For the plan year ended Dec 31, 2024
Legal plan sponsor: TARGET CORPORATION
Latest public filing 2024 · received Oct 2, 2025Current benefit source Target Corporation — fiscal 2025 Form 10-K · dated Jan 31, 2026
Plan summary
Start with the match, vesting, and fees
Strong
This looks strong based on public filing history. We have 3 of 7 key current terms documented. Keep checking the source links because plan rules can change.
Why: The employer match is one of the plan's stronger features. Vesting is not confirmed yet. The latest filing also shows more employer money than most similar plans.
84Plan health
from public filings
from public filings
3/7Useful current-term coverage
documented
documented
See what drives the plan health score
Published only when at least four measures and half of the model weight are available. Missing information is excluded rather than scored as zero.
Target matches 100% of each team member’s contribution up to 5% of eligible earnings—a maximum employer match equal to 5% of eligible pay.
Check the source ↓Assumes you contribute enough to earn the full match (5% of pay). Eligibility and annual limits can change the amount.
Vesting decides how much employer money you keep if you leave before staying long enough.
The key document is the participant fee disclosure, especially fund expense ratios and account charges.
Participants direct contributions among the plan’s investment choices.
The Target 401(k) Plan is available to team members after 90 days of employment.
Automatic enrollment and auto-increase features usually help more employees save consistently.
Roth availability matters if you want after-tax contributions inside the workplace plan.
Up 10.3% over the filing history shown.
Participation up 0.1% · assets up 28.6% · loans 1.4% of assets
How this is calculated →See score distributions →Current terms to confirm: vesting, employee fees, automatic enrollment, Roth availability
These details are often kept in employee-only plan documents. We show them when there is a dated source clear enough to trust.
Before you enroll: confirm the match, vesting schedule, waiting period, and fees in the current plan documents. The filing history shows how the plan itself has changed.
Keep in mind: public filings do not show your personal investment returns. Missing information does not count against the plan. The documents supporting the current terms are linked below.
Need the raw filing detail?
The key takeaways are above. Open the full record when you want every number and source note.
Personalized estimate
What could Target's contribution mean for you?
This uses the reviewed employer formula shown on this profile—not the plan-wide Form 5500 contribution average.
Estimated employer money$4,250/year
- Your annual contribution
- $4,250
- Possible maximum
- $4,250
- Potentially unclaimed
- $0
Contributing about 5% of eligible pay captures the documented maximum under this simplified estimate.
Estimate only. Compensation limits, eligibility, true-ups, contribution timing, employee groups, and plan amendments can change the result. Confirm the current formula in your plan documents.
Filing comparison · 2024—There is not enough comparable filing data to calculate this yet.
How this filing compares
Reported employer contributions78th percentileTypical peer $525 · based on 23 comparable plans
Lower reported administrative expenseNot enough dataTypical peer $23 · based on 20 comparable plans
This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.
Peer-group method: industry size. Limitations: administrative_cost_measure_unavailable_or_zero
The short version
What employees should know
For the year ended Dec 31, 2024, TARGET CORPORATION reported $382,473,638 in employer contributions across this plan, or $894 per active participant. This is the best company-wide filing average available—not a promise of what any one employee receives.
Up 0.1% across the filing years shown. The filing does not report every employee who was eligible.
Change in employer contributions per active participant.
Change in reported administrative cost per participant. Fund expenses may be separate.
A fair peer score is not available yet.
Money and scale
Contributions, assets, and expenses
These are plan-wide totals. They are not individual account balances.
- Employer contributions
- $382,473,638 $894 per active participant
- Participant contributions
- $631,153,718
- Other contributions
- $30,196,690 Amounts not classified as employer or participant contributions
- Employer share of contributions
- 37.7%
- Active participants
- 427,999 Very large plan
- Total participants
- 495,482 475,573 at the beginning of the year
- Ending assets
- $14,419,645,154 $29,102 per participant
- Net-asset change
- Up 28.6% Not the same as investment performance
- Beginning net assets
- $13,000,394,400
- Ending net assets
- $14,411,303,076
- Beginning liabilities
- $7,871,457
- Ending liabilities
- $8,342,078
- Total income
- $2,585,203,658
- Total expenses
- $1,174,294,982
- Administrative expenses
- $0 $0 per active participant
- Participant loans
- $196,217,319 1.4% of plan assets
Three-year filing history
How the reported figures changed
Each chart uses the selected public filing for that year. Missing values remain blank rather than becoming zero.
2022
$810
2023
$885
2024
$894
2022
$0
2023
$0
2024
$0
2022
427,640
2023
402,673
2024
427,999
2022
$11,216,824,857
2023
$13,008,265,857
2024
$14,419,645,154
2022
1.4%
2023
1.4%
2024
1.4%
| Plan year | Employer money per active participant | Active participants | Plan assets |
|---|---|---|---|
| 2024 | $894 | 427,999 | 14.4B |
| 2023 | $885 | 402,673 | 13B |
| 2022 | $810 | 427,640 | 11.2B |
Changes in plan assets are not the same as investment performance.
Plan health
Loans, late deposits, and other filing disclosures
- Participant loans as a share of plan assets
- 1.4%
- Independent accountant’s opinion
- Unqualified opinion Code 1
- Late participant contributions reported
- Not reportedA “yes” needs context and is not, by itself, proof of wrongdoing.
- Loan defaults reported
- 0
- Lease defaults reported
- 0Only a small number of filings report these events.
- Nonexempt transactions reported
- 0
- Public plan identifier
- 410215170-002
Insurance and supporting schedules
Additional arrangements reported
These disclosures add context. They should not be read as a score or a judgment on their own.
- Pooled investment entities
- 1$14,169,927,224 reported at year end
Reported plan details
Identity and filing status
- Plan type
- Retirement plan
- Employer arrangement
- Single-employer plan
- Plan effective date
- Feb 1, 1967
- Industry
- Industry group 452
- Amended filing
- No
- Final filing for this plan
- No
- Short plan year
- No
- 401(k) feature reported
- Yes
Show DOL characteristic codes
2E2F2G2I2J2K2O2T3F3H
Current plan terms
What the source documents say
Each item below comes from the dated source linked in this section. Anything the source does not establish is left blank.
- Employer contribution
- Target matches 100% of each team member’s contribution up to 5% of eligible earnings—a maximum employer match equal to 5% of eligible pay.
- Eligibility
- The Target 401(k) Plan is available to team members after 90 days of employment.
- Investment information
- Participants direct contributions among the plan’s investment choices. Target says matching contributions cannot be invested in Target common stock.
Not covered by the source: 4 items
vesting, automatic enrollment, roth contributions, participant fees. Check the latest summary plan description or enrollment materials for these details.
Source: Target Corporation — fiscal 2025 Form 10-K ↗ · dated Jan 31, 2026
Supporting source: Target Corporation — 2026 proxy statement ↗ · dated Apr 26, 2026
Filing evidence
Open the selected public records
We use the latest valid received filing for each year after resolving amendments and duplicate records. Open the source to check the original filing.
Quick answers
Target 401(k) questions
What is Target's 401(k) match?
The reviewed current source says: Target matches 100% of each team member’s contribution up to 5% of eligible earnings—a maximum employer match equal to 5% of eligible pay.
How much employer money did Target report adding?
For 2024, the selected filing reports $382,473,638 in employer contributions, or $894 per active participant. This is a plan-level historical figure, not a personal match quote.
What is Target's 401(k) vesting schedule?
We have not verified the current vesting schedule yet. Ask for the latest SPD or benefits guide before counting employer money as fully yours.
What are Target's 401(k) fees?
The 2024 filing reports $0 in administrative cost per active participant. Fund expenses and employee-level charges may require a current fee disclosure.
Can I use this page to compare Target with another job offer?
Yes, as a starting point. Compare the documented match, vesting, eligibility, fees, investments, and the filing history, then confirm the current terms before assigning a dollar value to an offer.
Source evidence
What recent SEC filings may add
These snippets come from official SEC filings connected to the employer. They are useful clues, but we keep them separate from fully reviewed current plan terms.
Match
Target reported $386 million of 401(k) matching-contribution expense for 2025; the 10-K does not state the current match formula.
Filing ACK_ID20251002093904NAL0000210707001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗