Industry · Form 5500 business code 452300
General Merchandise Stores, incl. Warehouse Clubs & Supercenters: retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. The business code is chosen by the filer from the list in the Form 5500 instructions.
42 retirement plans in general merchandise stores, incl. warehouse clubs & supercenters with 100 or more participants filed Form 5500 for plan year 2024 (41 defined contribution, 1 defined benefit). All Form 5500 pension filers in the group reported 2,647,322 participant records and $95.7B in net assets.
The median defined contribution plan held $19,786 per participant, well below the national median of $53,031, and its employer put in $717 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $52.80 per participant against $123 nationally.
Employers contributed $2.64B and participants $3.91B during the year, and the plans paid out $7.53B in benefits.
In 2018 the same group numbered 40 plans with $47.8B; by 2024 it was 42 plans (up 5%) and $95.7B (up 100%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $19,786 | $53,031 | $39,085 | $86,234 |
| Employer contributions per active participant | $717 | $2,174 | $435 | $10,244 |
| Schedule C compensation per participant | $52.80 | $123 | $120 | $344 |
| Schedule C compensation, share of net assets | 0.26% | 0.26% | 0.31% | 0.42% |
| Administrative expenses per participant | $44.21 | $116 | $323 | $527 |
Medians across plans with 100 or more participants (41 DC and 1 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $10,451 | $19,786 | $48,280 | 41 |
| Employer contributions per active participant | $358 | $717 | $1,318 | 37 |
| Schedule C compensation per participant | $23.31 | $52.80 | $103 | 36 |
| Administrative expenses per participant | $22.20 | $44.21 | $127 | 40 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2024 | 42 | 2,647,322 | $95.7B | $2.64B | $3.91B | $19,786 | $52.80 |
| 2023 | 41 | 2,591,427 | $78.6B | $2.35B | $3.49B | $19,482 | $35.60 |
| 2022 | 46 | 2,540,240 | $65.8B | $2.18B | $3.26B | $16,057 | $33.43 |
| 2021 | 45 | 2,591,962 | $73.4B | $2.06B | $3.07B | $23,160 | $44.14 |
| 2020 | 43 | 2,436,557 | $62.4B | $1.87B | $2.69B | $18,273 | $34.36 |
| 2019 | 45 | 2,291,624 | $56.8B | $1.73B | $2.42B | $15,364 | $31.49 |
| 2018 | 40 | 2,228,853 | $47.8B | $1.66B | $2.31B | $17,232 | $33.23 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 42 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 42 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| Walmart 401(k) Plan | Walmart Inc. | AR | DC | 1,970,230 | $50.7B | $25,757 | $1,092 | $20.94 |
| Costco 401(k) Retirement Plan | Costco Wholesale Corporation | WA | DC | 279,798 | $41.5B | $148,406 | $3,384 | $20.12 |
| Dollar General Corp. 401(k) Savings and Retirement Plan | Dollar General Corporation | TN | DC | 201,691 | $825M | $4,088 | $195 | $9.67 |
| Dollar Tree Retirement Savings Plan | Dollar Tree, Inc. | VA | DC | 105,623 | $979M | $9,270 | $380 | $13.65 |
| Urban Outfitters, Inc. 401(k) Savings Plan | Urban Outfitters, Inc. | PA | DC | 27,598 | $513M | $18,597 | $415 | $20.98 |
| Five Below 401(k) Retirement Savings Plan | Five Below, Inc. | PA | DC | 13,125 | $110M | $8,365 | $496 | $27.38 |
| Walmart Puerto Rico 401(k) Plan | Walmart Inc. | AR | DC | 12,657 | $180M | $14,193 | $807 | $18.12 |
| Aaron's 401(k) Retirement Plan | Aaron's, LLC | GA | DC | 8,615 | $186M | $21,596 | $769 | $36.86 |
| Ollie's Bargain Outlet, Inc. 401(k) Retirement Plan | Ollie's Bargain Outlet, Inc. | PA | DC | 7,660 | $36.9M | $4,811 | $260 | $10.75 |
| Fleet Farm 401(K)PLAN | Fleet Farm Wholesale Supply Company, LLC | WI | DC | 6,428 | $144M | $22,459 | $310 | $51.87 |
| Transform 401(k) Savings Plan | Transform Midco LLC | IL | DC | 5,404 | $212M | $39,242 | $258 | — |
| Bi-Mart Corporation Defined Contribution Retirement Plan | Bi-Mart Corporation | OR | DC | 3,385 | $107M | $31,617 | $0 | $41.78 |
| Bomgaars Supply, Inc. Profit Sharing and Savings Plan | Bomgaars Supply, Inc. | IA | DC | 2,873 | $52.7M | $18,328 | $990 | $77.62 |
| Ranch and Home Supply, LLC 401(k) Plan | Ranch and Home Supply, LLC | MT | DC | 2,539 | $49.1M | $19,337 | $809 | $122 |
| Southern California General Sales Employers and United Food and Commercial Workers Unions Pension Fund | Board of Trustees, Southern California General Sales Employers | CA | DB | 2,173 | $84.9M | $39,085 | $435 | $120 |
| Worldwide Golf Shops LLC 401(k) Plan | Worldwide Golf Shops LLC | CA | DC | 2,151 | $38.1M | $17,720 | $358 | $135 |
| T.R. Nelson, Inc. Profit Sharing Plan | T.R. Nelson, Inc. | WI | DC | 1,978 | $20.7M | $10,451 | $740 | $66.73 |
| Costco Puerto Rico Retirement Plan | Costco Wholesale Corporation | WA | DC | 1,490 | $154M | $103,374 | $4,196 | $27.93 |
| The North West Company (International), Inc. Employee Savings Plan | The North West Company International, Inc. | AK | DC | 1,432 | $28.3M | $19,786 | $693 | $70.66 |
| Theisen's Associates 401(k) Plan | Theisen Supply, Inc. | IA | DC | 1,076 | $17.9M | $16,672 | $278 | $53.73 |
| Cigarette Store 401(k) Plan | The Cigarette Store LLC | CO | DC | 907 | $12.1M | $13,313 | $668 | $0.83 |
| L & M Supply Retirement Savings Plan | L & M Supply, Inc. | MN | DC | 836 | $40.4M | $48,280 | $2,838 | $240 |
| The Food Pantry Profit Sharing Investment Plan | Food Pantry, Ltd. | HI | DC | 663 | $32.4M | $48,832 | $599 | $53.83 |
| The Vermont Country Store, Inc. Profit Sharing Plan | The Vermont Country Store, Inc. | VT | DC | 572 | $38.8M | $67,781 | $2,462 | $188 |
| Minted, LLC 401(k) Plan | Minted, LLC | CA | DC | 528 | $26.3M | $49,834 | $12 | $44.69 |
| Goodwill Industries of New Mexico 403(b) Plan | Goodwill Industries of New Mexico | NM | DC | 487 | $2.4M | $4,938 | $101 | $71.05 |
| Rmc/cargo Largo 401(k) Plan | Recovery Management Corporation | MO | DC | 462 | $8.4M | $18,189 | $717 | $195 |
| Jet.com Retirement Trust | Walmart Inc. | AR | DC | 429 | $4.3M | $10,009 | — | — |
| Winston Brands, Inc. 401(k) Plan | Winston Brands, Inc. | IL | DC | 396 | $18.6M | $46,987 | $741 | $94.36 |
| Jax Inc. 401(k) Profit Sharing Plan and Trust | Jax Inc. | CO | DC | 381 | $3.8M | $10,047 | — | $80.20 |
| Rockingham Cooperative 401(k) Plan | Rockingham Cooperative Farm Bureau, Inc. | VA | DC | 369 | $21.1M | $57,145 | $1,766 | $210 |
| The Norman's Gift Shops, Inc. Employee Stock Ownership Plan | Norman's Gift Shops, Inc. | PA | DC | 321 | $34.8M | $108,424 | $1,403 | $199 |
| Palmetto Moon 401(k) Plan | Palmetto Moon, LLC | SC | DC | 318 | $2.8M | $8,902 | $801 | $140 |
| The Coffee Pacific Profit Sharing Investment Plan | Coffee Pacific, LLC | HI | DC | 305 | $1.6M | $5,142 | $49 | $23.67 |
| Ron Jon Savings and Investment Plan | Ron Jon Surf Shop of Fla., Inc. | FL | DC | 290 | $19.8M | $68,282 | $1,318 | $24.43 |
| Bowlin Travel Centers, Inc. 401(k) Profit Sharing Plan | Bowlin Travel Centers, Inc. | NM | DC | 204 | $3.9M | $19,320 | $555 | — |
| Showroom Inc. 401(k) Plan | Showroom Inc. | CA | DC | 203 | $1.4M | $6,823 | — | $46.18 |
| GTM Wholesale Liquidators, Inc. 401(k) Plan | GTM Wholesale Liquidators, Inc. | CA | DC | 171 | $5.4M | $31,544 | $704 | $92.45 |
| Purdy Enterprises 401(k) Plan | Purdy Enterprises, Inc. | ID | DC | 167 | $4.4M | $26,243 | $3,936 | — |
| The Restated Farm King Supply, Inc. Profit Sharing Plan and Trust | Farm King Supply, Inc. | IL | DC | 166 | $8.6M | $51,694 | — | $346 |
By plan size
By state
Questions and answers
How many retirement plans are there in general merchandise stores, incl. warehouse clubs & supercenters?
42 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 74 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in general merchandise stores, incl. warehouse clubs & supercenters?
The median defined contribution plan reported $19,786 in net assets per participant (middle half of plans: $10,451 to $48,280); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in general merchandise stores, incl. warehouse clubs & supercenters?
The median defined contribution plan received $717 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in general merchandise stores, incl. warehouse clubs & supercenters?
Among defined contribution plans that report any Schedule C compensation, the median was $52.80 per participant and 0.26% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.