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Original filing (PDF)20251010112252NAL0018373186004
BELK STORES SERVICES, LLC
Form 5500
FILING_RECEIVED
BELK PENSION PLAN
Defined-benefit pension plan
Signals · 2
27% in single holding10 service providers
Active participants
641
Accounts w/ balance
—
Plan assets (EOY)
$309.8M
Net assets (EOY)
$223.4M
How this plan invests
This plan
1 pooled trust
Schedule D
26 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
85
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
87
Total plan cost
65
Vendor stack
63
Participation health
100
Knocking points off
- Top holding "LONG DURATION CORP BD PORTFOLI MUTUAL FUNDS 4,657,289.207" is 27% of plan.
- 41 bps in Schedule C fees — 310% above peer band of 10 bps.
- Highly fragmented vendor stack (10 disclosed providers, 5 categories).
- Plan is frozen (1I) — no new benefit accrual.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for BELK STORES SERVICES, LLC.
Plan sponsor
Name
BELK STORES SERVICES, LLC
EIN
56-0616731
Address
2801 WEST TYVOLA ROAD · CHARLOTTE, NC · 282174525
Phone
(704) 357-1000
Industry
Retail Tradesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
334
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-10
Pension benefit codes
1A · Pay-related DB formula
1C · Cash balance or similar hybrid DB
1I · Frozen plan — no new benefit accrual
Audit & trust (Schedule H)
Auditor
FORVIS MAZARS, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
10 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CONDENT HR | — | DALLAS, TX | RECORDKEEPER/CONSULTING | $42K | — |
Advisor / Consultant
4| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PIMCO | 33-0629048 | — | INVESTMENT MANAGER | $221K | — |
| INCOME RESEARCH AND MANAGEMENT | 04-2955404 | — | INVESTMENT MANAGER | $169K | — |
| STATE STREET BANK & TRUST COMPANY | 56-6113694 | — | INVESTMENT MANAGER | $152K | — |
| BLACKROCK | 26-4299518 | — | INVESTMENT MANAGER | $19K | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FORVIS MAZARS, LLP | 44-0160260 | — | ACCOUNTANT/AUDITOR | $23K | — |
Actuary
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| TOWERS WATSON | 52-1868818 | — | ACTUARY | $220K | — |
Other
3| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| BUCK GLOBAL, LLC | 83-1116912 | NEW YORK, NY | NONE | $278K | — |
| BELK STORE SERVICES | 56-0616731 | — | PLAN SPONSER | $136K | — |
| IMAGE GROUP | — | — | NONE | $9K | — |
Investments
26 direct securities · 1 pooled fund· $193.2M(62% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$160.9M
26 holdings
Common Collective Trust
$32.3M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| LONG DURATION CORP BD PORTFOLI MUTUAL FUNDS 4,657,289.207 | — | — | $45.3M | $42.9M | 13.8% | |
| RUSSELL 3000 INDX NON-LENDABLE FUND BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 26-4299518 / PN 001 | Common Collective Trust | — | — | $32.3M | 10.4% | |
| BLACKROCK R3000 FUND BLACKROCK R3000 FUND 305,322.058 | — | — | $10.4M | $32.3M | 10.4% | |
| CORP. DEBT INSTR. - PREFERRED | — | — | $32.5M | $27.6M | 8.9% | |
| CORP. DEBT INSTR. - ALL OTHER | — | — | $27.9M | $24.9M | 8.1% | |
| INTEREST BEARING CASH | — | — | $16.3M | $16.3M | 5.3% | |
| MFS INSTITUTIONAL TRUST MFS IN MFS INTERNATIONAL EQUITY R6 275,323.478 | — | — | $5.2M | $9.3M | 3.0% | |
| ABBOTT CAPITAL PRIVATE EQUITY FUND VI LP 54,914.016 | — | — | $55K | $2.1M | 0.7% | |
| PIMCO FDS SHORT TERM FLTG NAV MUTUAL FUND 190,649.200 | — | — | $1.9M | $1.9M | 0.6% | |
| LOANS SECURED BY MTGES-COM'L | — | — | $1.8M | $1.6M | 0.5% | |
| LOANS SECURED BY MTGES-RESID. | — | — | $1.8M | $1.6M | 0.5% | |
| POUND STERLING 40,148.33 | — | — | $51K | $50K | <0.1% | |
| IR2F GBP | — | — | $51K | $50K | <0.1% | |
| JAPANESE YEN 7,091,406.00 | — | — | $47K | $45K | <0.1% | |
| IR2F JPY | — | — | $47K | $45K | <0.1% | |
| AUSTRALIAN DOLLAR 62,236.44 | — | — | $40K | $39K | <0.1% | |
| IR2F AUD | — | — | $40K | $39K | <0.1% | |
| IR2F EUR | — | — | $36K | $37K | <0.1% | |
| EURO CURRENCY 35,509.92 | — | — | $36K | $37K | <0.1% | |
| IR2F MXN | — | — | — | $14K | <0.1% | |
| IR2F NOK | — | — | — | $6K | <0.1% | |
| IR2F TRY | — | — | $2K | $2K | <0.1% | |
| TURKISH LIRA 85,335.65 | — | — | $2K | $2K | <0.1% | |
| DANISH KRONE 14,780.53 | — | — | $2K | $2K | <0.1% | |
| IR2F DKK | — | — | $2K | $2K | <0.1% | |
| IR2F HUF | — | — | $1K | $1K | <0.1% | |
| HUNGARIAN FORINT 434,900.00 | — | — | $1K | $1K | <0.1% |