Retail 401(k) plans

Name: Median plan-paid 401(k) administrative cost per participant, retail
Creator: 401(k) Monitor
License: https://401kmonitor.com/licence/

The median 401(k) plan in retail paid $93.99 per participant per year in plan-paid administrative fees, computed from 2,177 of the 2,305 retail plans published here, form year 2024.

Computed from DOL EFAST2 Form 5500 bulk data, not surveys. The 57,824 plans published so far are a subset of the 57,824 large plans in the form-year-2024 data, so this median describes the published subset, not the whole industry.

$93.99

Median plan-paid administrative cost per participant per year among 2,177 retail plans with usable fee data, form year 2024.

$28.18 below the $122.17 median across all published plans.

How do retail 401(k) fees compare?

Retail median$93.99

All published plans$122.17

Plan size drives fees more than industry does: bigger plans pay less per head. See median fees by plan size before reading an industry gap as an industry effect.

192 of the biggest retail 401(k) plans

The retail plans this site submits to search engines come first, then the rest; each group is ranked by active participants. Assets are Schedule H total assets at end of plan year. Fee is plan-paid admin cost per participant. Amounts in USD.
Plan	Sponsor	Active participants	Assets	Fee ($)
Walmart 401(k) Plan	Walmart Inc.	1,670,732	$50.8B	21.48
Target Corporation 401(k) Plan	Target Corporation	427,999	$14.4B	n/a
The Home Depot FutureBuilder	The Home Depot, Inc.	391,522	$14.1B	44.92
The Kroger Co. 401(k) Retirement Savings Account Plan	The Kroger Co.	380,891	$11.8B	20.22
CVS Health Future Fund 401(k) Plan	CVS Health Corporation	313,966	$30.1B	142.85
The TJX Companies, Inc. 401(k) Savings Plan	The TJX Companies, Inc.	294,348	$3.7B	12.40
Lowes 401(k) Plan	Lowe's Companies, Inc.	263,650	$8.6B	3.57
Starbucks Corporation 401(k) Plan	Starbucks Corporation	220,791	$4.9B	11.75
Albertsons Companies 401(k) Plan	Albertsons Companies, Inc.	215,654	$8.0B	23.74
Walgreens Retirement Savings Plan	Walgreen Co.	215,583	$14.5B	14.47
Costco 401(k) Retirement Plan	Costco Wholesale Corporation	212,976	$41.0B	23.38
Publix Super Markets, Inc. 401(k) Smart Plan	Publix Super Markets, Inc.	209,120	$8.1B	10.97
Dollar General Corp 401(k) Savings And Retirement Plan	Dollar General Corporation	194,837	$824.5M	8.65
H-E-B Savings & Retirement Plan	H.E.Butt Grocery Company	113,055	$4.3B	33.71
Macys Inc. 401(k) Retirement Investment Plan	Macys, Inc.	103,247	$4.6B	20.37
Dollar Tree Retirement Savings Plan	Dollar Tree, Inc.	99,632	$979.1M	17.32
Whole Foods Market Growing Your Future 401(k) Plan	Whole Foods Market, Inc.	95,856	$2.4B	33.90
Best Buy Retirement Savings Plan	Best Buy Enterprise Services, Inc.	83,696	$3.1B	44.06
Food Lion 401(k) Plan	Food Lion, LLC	81,798	$1.3B	16.12
Ahold USA, Inc. 401(k) Savings Plan For Union Associates	Ahold USA, Inc.	76,517	$910.2M	12.31
Circle K Retirement Plan	The Circle K Retirement Plan	73,210	$505.9M	16.18
GapShare 401(k) Plan	Gap Inc.	68,283	$2.6B	16.55
Ulta Salon Cosmetics & Fragrance 401(k) Retirement Plan	Ulta Salon Cosmetics & Fragrance, Inc.	67,118	$542.0M	12.85
7-Eleven, Inc. 401(k) Plan	7-Eleven, Inc.	66,965	$1.0B	26.63
Trader Joe's Company Retirement Plan	Trader Joe's Company	64,951	$3.2B	8.18
Nordstrom 401(k) Plan	Nordstrom, Inc.	58,257	$4.3B	101.96
Ross Stores, Inc. 401(k) Savings Plan	Ross Stores, Inc.	56,638	$1.0B	8.90
The Hy-Vee And Affiliates 401(k) Plan	Hy-Vee, Inc.	55,933	$3.1B	45.43
Tractor Supply Company 401(k) Retirement Savings Plan	Tractor Supply Company	55,849	$559.7M	23.15
The Wegmans Retirement Plans	Wegmans Food Markets Inc.	55,056	$3.4B	6.92
Menard, Inc. 401(k) Plan	Menard, Inc.	53,467	$283.1M	12.44
Dick's Sporting Goods, Inc. Smart Savings 401(k) Plan	Dick's Sporting Goods, Inc.	53,323	$883.7M	11.54
Aldi Inc. Retirement Savings Plan	Aldi Inc.	52,764	$2.1B	34.15
Kohl's Inc. Savings Plan	Kohl's Inc.	51,956	$2.3B	n/a
PetSmart, Inc. SaveSmart 401(k) Plan	PetSmart, LLC	46,794	$667.2M	18.79
J. C. Penney Corporation, Inc. Safe Harbor 401(k) Savings Plan	Penney Opco, LLC	43,488	$2.2B	19.81
Abercrombie & Fitch Co. Savings And Retirement Plan	Abercrombie & Fitch Co.	43,145	$487.8M	9.29
Meijer 401(k) Retirement Plan II	Meijer, Inc.	40,728	$660.1M	n/a
The Giant Company 401(k) Plan	The Giant Company LLC	37,097	$991.5M	16.31
Casey's General Stores 401(k) Plan	Casey's General Stores Inc.	36,804	$514.4M	17.88
Sprouts Farmers Markets Holdings, LLC Employee 401(k) Savings Plan	Sprouts Farmers Markets Holdings, LLC	35,946	$264.6M	15.62
Harris Teeter Supermarkets, Inc. Retirement And Savings Plan	Harris Teeter Supermarkets, Inc.	35,407	$1.4B	30.77
BJ's Wholesale Club, Inc. 401(k) Savings Plan	BJ's Wholesale Club Inc.	34,191	$661.1M	23.95
Savings Incentive And Profit Sharing Plan For Employees Of The Hobby Lobby Group	Hobby Lobby Stores, Inc.	31,651	$563.8M	11.91
Meijer 401(k) Retirement Plan I	Meijer, Inc.	31,231	$1.6B	n/a
Pilot Travel Centers LLC 401(k) Plan	Pilot Travel Centers LLC	29,888	$506.9M	30.21
Hannaford Bros. Co. 401(k) Plan	Hannaford Bros. Co., LLC	28,962	$1.1B	15.10
Michaels Stores, Inc. Employees 401(k) Plan	Michaels Stores, Inc.	27,613	$337.2M	133.17
Kwik Trip Profit Sharing 401(k) Plan	Kwik Trip, Inc.	27,129	$1.1B	50.71
Dillard's, Inc. Investment & Employee Stock Ownership Plan	Dillard's, Inc.	26,070	$3.0B	49.54
Sephora Retirement Plan	Sephora USA Inc.	25,709	$600.1M	47.97
Hibbett, Inc. 401(k) Profit Sharing Plan	Hibbett, Inc.	24,562	$59.0M	15.70
Winco Foods 401(k) Plan	Winco Holdings, Inc.	24,430	$289.6M	7.07
Urban Outfitters, Inc. 401(k) Savings Plan	Urban Outfitters, Inc.	24,239	$419.8M	22.75
Signet Jewelers Retirement Savings Plan	Sterling Jewelers Inc.	24,148	$742.1M	37.53
Academy, Ltd. 401(k) Profit Sharing Plan	Academy Sports & Outdoors	23,635	$364.8M	22.38
Petco Animal Supplies Stores, Inc. 401(k) Plan	Petco Animal Supplies Stores, Inc.	22,324	$370.1M	6.78
Southeastern Grocers 401(k) Savings Plan	Southeastern Grocers LLC	21,770	$941.2M	28.02
Harbor Freight Tools Retirement Savings Plan	Hft Holdings, Inc.	21,476	$368.5M	25.83
Weis Markets, Inc. Retirement Savings Plan	Weis Markets, Inc.	21,014	$304.0M	84.54
Big Lots Savings Plan	Big Lots, Inc.	19,448	$313.1M	23.63
The Finish Line, Inc. Profit Sharing And 401(k) Plan	The Finish Line, Inc.	19,264	$100.9M	20.62
Jo-Ann Stores, LLC 401(k) Savings Plan	Jo-Ann Stores, LLC	19,186	$182.5M	11.66
Wawa, Inc. 401(k) Plan	Wawa, Inc.	18,984	$1.1B	80.92
Belk 401(k) Savings Plan	Belk Stores Services, LLC	18,856	$400.6M	19.02
Bath & Body Works, Inc. 401(k) Savings And Retirement Plan	L Brands Service Company LLC	18,826	$1.2B	43.05
UFCW Local 152 Savings Plan	Board Of Trustees, UFCW Local 152 Saving	18,762	$32.8M	21.32
Sally Beauty 401(k) And Profit Sharing Plan	Sally Beauty Holdings, Inc.	18,644	$294.1M	13.07
Sheetz, Inc. 401(k) Retirement Plan	Sheetz, Inc.	18,452	$778.4M	46.85
Williams-Sonoma, Inc. 401(k) Plan	Williams-Sonoma, Inc.	18,337	$797.6M	25.81
American Eagle Outfitters, Inc. Profit Sharing And 401(k) Plan	American Eagle Outfitters, Inc.	18,133	$538.1M	69.74
Ingles Markets, Incorporated Investment/Profit Sharing Plan	Ingles Markets, Incorporated	18,006	$196.8M	13.45
Fastenal Company & Subsidiaries 401(k) And Employee Stock Ownership Plan	Fastenal Company & Subsidiaries	17,820	$1.1B	26.59
Northeast Grocery 401(k) Plan	Northeast Grocery, Inc.	17,703	$552.7M	24.79
Raley's 401(k) Retirement Savings Plan	Raley's	17,670	$639.7M	33.64
The Rite Aid 401(k) Plan	Rite Aid Corporation	16,944	$3.2B	54.89
The Odp Corporation Retirement Savings Plan	Odp International, LLC	16,819	$1.3B	48.57
Eg America Employee Savings Plan	Eg Retail (America) LLC	16,690	$337.9M	32.33
SAP America, Inc. 401(k) Plan	SAP America, Inc.	16,587	$8.1B	159.91
Ikea Retirement And Savings Plan	Ikea North America Services, LLC	16,565	$1.1B	55.02
Lululemon Savings Plan	Lululemon Athletica Inc.	16,468	$219.2M	30.77
Murphy USA Inc. Savings Plan	Murphy USA Inc.	16,166	$358.3M	61.12
Victoria's Secret & Co. 401(k) Savings And Retirement Plan	Vs Service Company, LLC	15,828	$894.9M	68.03
Giant Eagle, Inc. Employee Savings Plan	Giant Eagle, Inc.	15,282	$845.1M	51.95
Ta Operating LLC 401(k) Savings Plan	Ta Operating LLC	15,096	$183.5M	37.99
K-Va-T 401(k) Plan	K-Va-T-Food Stores, Inc.	14,576	$191.3M	21.97
Guitar Center, Inc. 401(k) Plan	Guitar Center, Inc.	14,078	$182.4M	5.05
Recreational Equipment, Inc. Retirement And Profit Sharing Plan	Recreational Equipment, Inc.	13,880	$1.0B	39.66
Quiktrip Corporation Retirement Plan	Quiktrip Corporation	13,644	$4.8B	n/a
Foot Locker 401(k) Plan	Foot Locker, Inc.	13,384	$449.5M	36.34
J.Crew Group, LLC. 401(k) Savings Plan	J.Crew Group, LLC	13,372	$339.1M	n/a
Franchise Group, Inc. 401(k) Plan	Franchise Group, Inc.	13,300	$149.3M	26.39
FedEx Office And Print Services, Inc. 401(k) Retirement Savings Plan	FedEx Office And Print Services, Inc.	13,295	$1.4B	25.68
Gpm Investments 401(k) Plan	Gpm Investments, LLC	13,134	$39.2M	15.71
Barnes & Noble 401(k) Plan	Barnes & Noble, Inc.	13,045	$789.9M	28.17
Nutrien 401(k) Retirement Plan	Nutrien US LLC	13,017	$2.0B	108.46
Boot Barn 401(k) Plan	Boot Barn, Inc.	13,011	$46.2M	18.92
Schnucks Pay Deferral Plan-30	Schnuck Markets, Inc.	12,661	$150.1M	16.56
Red Robin International, Inc. 401(k) Savings Plan	Red Robin International, Inc.	12,597	$68.8M	19.76
National Vision, Inc. 401(k) Retirement Savings Plan	National Vision, Inc.	12,384	$234.8M	72.22
Savers 401(k) Plan	Tvi, Inc.	12,141	$127.7M	41.55
Tapestry, Inc. 401(k) Savings Plan	Tapestry, Inc.	11,856	$659.1M	40.21
Save Mart Companies Retirement Savings Plan	The Save Mart Companies	11,855	$993.0M	70.33
The Sparc Group LLC 401(k) Investment And Savings Plan	Sparc Group LLC	11,662	$341.8M	40.37
Cdw Coworkers' Profit Sharing Plan	Cdw LLC	11,353	$2.3B	48.64
Applegreen US Retirement Plan	Applegreen Companies	11,315	$20.3M	27.06
Visionworks Of America, Inc. 401(k) Savings Plan	Visionworks Of America, Inc.	11,301	$159.9M	28.96
Staples, Inc. Employees' 401(k) Savings Plan	Staples, Inc.	11,200	$1.5B	46.88
Walmart Puerto Rico 401(k) Plan	Walmart Inc.	11,133	$180.2M	27.74
Staples US Retail 401(k) Retirement Plan	Usr Parent Inc.	10,925	$404.6M	38.98
Genesco Salary Deferral Plan	Genesco Inc.	10,894	$190.2M	2.71
Five Below 401(k) Retirement Savings Plan	Five Below, Inc.	10,753	$87.8M	17.52
Brookshire's Employee Stock Ownership And 401(k) Plan	Brookshire Holdings, Inc.	10,628	$381.2M	53.23
Chico's Fas, Inc. 401(k) Elective Deferral Plan	Chico's Fas, Inc.	10,481	$195.0M	33.39
Adapthealth 401(k) Profit Sharing Plan And Trust	Adapthealth, LLC	10,416	$159.0M	36.83
Designer Brands Inc. 401(k) Plan	Designer Brands Inc.	10,332	$241.8M	35.97
Big Y Foods, Inc. 401(k) Retirement Savings Plan	Big Y Foods, Inc.	10,329	$573.8M	64.93
Variety Wholesalers, Inc. Retirement Savings 401(k) Plan	Variety Wholesalers, Inc.	10,269	$31.2M	9.62
Beall's Employees' Savings Trust	Beall's Inc.	10,138	$118.2M	41.92
Total Wine & More 401(k) Plan	Retail Services & Systems, Inc.	10,110	$162.0M	26.52
Installed Building Products, LLC 401(k) Savings Plan And Trust	Installed Building Products, LLC	10,000	$137.7M	25.00
Floor And Decor Outlets Of America, Inc. 401(k) Retirement Plan	Floor And Decor Outlets Of America, Inc.	9,962	$157.2M	49.52
Smart & Final 401(k) Savings Plan	Smart & Final LLC	9,837	$386.5M	53.18
R.T.G. Furniture Corp. & Affiliates 401(k) Plan	R.T.G. Furniture Corp. & Affiliates	9,789	$319.8M	25.64
Claire's Stores Inc. 401(k) Savings And Retirement Plan	Claire's Stores, Inc.	9,741	$52.6M	1.89
UFCW Local One 401(k) Savings Plan	Brd Of Ttees UFCW Local One 401(k) Savings Plan	9,699	$154.2M	81.89
The Neiman Marcus Group LLC Retirement Savings Plan	The Neiman Marcus Group LLC	9,666	$1.4B	50.42
Racetrac, Inc. 401(k) Plan	Racetrac, Inc.	9,590	$156.8M	26.91
Adusa Supply Chain Services 401(k) Plan	Adusa Supply Chain Services LLC	9,366	$357.0M	24.27
Amended And Restated Savings Fund Plan For Employees Of 84 Lumber Company	84 Lumber Company, L.P.	9,227	$779.5M	47.39
Bodega Latina 401(k) Retirement And Savings Plan	Bodega Latina Corporation	9,200	$8.3M	2.87
Krispy Kreme Doughnut Corporation Retirement Savings Plan	Krispy Kreme Doughnut Corporation	9,101	$68.1M	25.43
Hellofresh 401(k) Retirement Savings Plan	Grocery Delivery E-Services, Inc.	8,838	$105.6M	57.24
Tailored Brands 401(k) Savings Plan	Tailored Shared Services, LLC	8,462	$265.3M	51.79
Clark Associates Multiple Employer 401(k) Plan	Clark Core Services, LLC	8,318	$258.2M	115.61
Scheels All Sports, Inc. 401(k) Plan	Scheels All Sports, Inc.	8,298	$33.5M	14.83
Victra 401(k) Plan	ABC Phones Of North Carolina, Inc.	8,133	$49.8M	27.47
Aaron's 401(k) Retirement Plan	Aaron's, LLC	7,969	$186.0M	34.18
Papa John's International, Inc. 401(k) Plan	Papa John's International, Inc.	7,954	$115.3M	42.23
Mattress Firm, Inc. 401(k) Plan	Mattress Firm, Inc.	7,916	$279.1M	77.91
Northgate Gonzalez Markets, Inc. 401(k) Retirement Savings Plan	Northgate Gonzalez Markets, Inc.	7,889	$125.8M	62.14
Cell Phone Company Employee 401(k) Savings Plan	Prime Communications, L.P.	7,860	$46.0M	40.41
Firstcash 401(k) Profit Sharing Plan	Firstcash Holdings, Inc.	7,817	$212.2M	75.09
Eyecare Partners 401(k) Plan	Clarkson Eyecare, Inc.	7,775	$511.8M	71.30
David's Bridal 401(k) Retirement Plan	Davids Bridal, Inc.	7,765	$66.1M	30.00
Tawa Supermarket, Inc. 401(k) Plan	Tawa Supermarket, Inc.	7,581	$193.4M	48.05
Paradies Lagardere 401(k) Plan	The Paradies Shops, LLC	7,459	$66.7M	9.52
The Fresh Market, Inc. Employees 401(k) Savings Plan	The Fresh Market, Inc.	7,390	$78.8M	44.75
Ollie's Bargain Outlet, Inc. 401(k) Retirement Plan	Ollie's Bargain Outlet, Inc.	7,389	$36.9M	11.81
Crate & Barrel Holdings, Inc. Retirement Savings Plan	Euromarket Designs, Inc. D.B.A. Crate & Barrel, Cb2, And Hudson Grace	7,357	$343.4M	101.05
The Children's Place 401(k) Savings Plan	The Children's Place, Inc.	7,321	$129.9M	29.49
UFCW Local Union 1189 And St. Paul Food Employers Defined Contribution Plan	Trustees Of UFCW Local Union 1189 And St. Paul Food Employers Def Cont	7,276	$226.4M	82.02
Tillys 401(k) Plan	Tillys	7,242	$46.9M	14.78
Coborn's Incorporated Employees Profit Sharing 401(k) Plan	Coborn's Incorporated	7,095	$162.1M	60.17
L.L. Bean 401(k) Retirement Savings Plan	Ll Bean Inc.	7,076	$803.5M	52.92
Ebay Inc. 401(k) Savings Plan	Ebay Inc.	7,067	$2.0B	20.65
Boscov's 401(k) Defined Contribution Plan	Boscov's, Inc.	6,826	$147.2M	29.57
Super Center Concepts, Inc. 401(k) Plan	Super Center Concepts, Inc. D/B/A Superior Super W	6,788	$39.0M	12.47
Bob's Discount Furniture 401(k) Profit Sharing Plan	Bob's Discount Furniture LLC	6,781	$227.8M	42.87
Gamestop, Corp. Employees' Savings Plan	Gamestop, Corp.	6,663	$153.8M	49.60
Fiesta Mart, L.L.C. 401(k) Retirement And Savings Plan	Fiesta Mart, L.L.C.	6,641	$100.2M	17.00
Insight Enterprises, Inc. 401(k) Plan	Insight Enterprises, Inc.	6,347	$941.5M	69.59
Company Savings Plan	Buc-Ee's, Ltd.	6,149	$70.8M	51.45
World Market 401(k) Plan	World Market, LLC	6,138	$78.7M	29.35
Torrid 401(k) Plan	Torrid LLC	6,113	$29.3M	2.95
Giant Eagle, Inc. And Affiliates 401(k) Plan For Union Represented Employees	Giant Eagle, Inc.	6,083	$212.5M	11.83
Rainbow Apparel 401(k) Savings Plan	Aijj Enterprises, Inc.	6,004	$81.8M	47.83
Party City Holdings Inc. 401(k) Plan	Party City Holdings Inc.	5,991	$221.0M	60.15
Kodiak BP 401(k) Plan	Kodiak Gypsum Mountain States LLC	5,941	$193.5M	73.32
Fareway Stores, Inc. 401(k) Profit Sharing Plan	Fareway Stores, Inc.	5,926	$401.4M	69.90
Hot Topic 401(k) Plan	Hot Topic, Inc.	5,926	$41.9M	35.27
Citi Trends, Inc. 401(k) Profit Sharing Plan	Citi Trends, Inc.	5,924	$18.9M	12.75
Qurate Retail Group 401(k) Retirement Savings Plan For Qvc And Hsn	Qvc, Inc.	5,820	$1.1B	74.15
Hbc 401(k) Retirement Savings Plan	Saks Global Enterprises LLC	5,627	$534.7M	72.65
The Rh 401(k) Plan	Restoration Hardware, Inc.	5,469	$190.7M	40.31
Jako Enterprises, LLC 401(k) Profit Sharing Plan	Jako Enterprises, LLC	5,428	$15.5M	9.20
At Home 401(k) Savings Plan	At Home Stores LLC	5,371	$54.5M	9.56
Crocs, Inc. 401(k) Plan	Crocs, Inc.	5,330	$105.3M	30.99
Raymours Furniture Company, Inc. 401(k) And Profit Sharing Plan	Raymours Furniture Company, Inc.	5,288	$266.5M	n/a
Tiffany & Company Employee P/S & Retirement Savings Plan	Tiffany And Company	5,277	$966.1M	58.59
Fujifilm Long Term Savings Plan	Fujifilm North America Corporation	5,191	$1.5B	84.28
Rite Aid Corporation 401(k) For Collectively Bargained Associates	Rite Aid Corporation	5,165	$68.8M	26.67
Foundation Building Materials 401(k) Profit Sharing Plan And Trust	Foundation Building Materials, LLC	4,938	$241.9M	68.03
Fleet Farm 401(k) Plan	Fleet Farm Wholesale Supply Company, LLC	4,937	$144.4M	47.01
Cardenas Markets LLC 401(k) Plan	Cardenas Markets LLC	4,881	$12.6M	15.90
The Talbots Retirement Savings 401(k) Plan	The Talbots LLC	4,829	$236.6M	96.02
United Fashions Of Texas 401(k) Plan	United Fashions Of Texas LLC	4,796	$9.9M	108.28
Kirkland's, Inc. Retirement Plan	Kirkland's Inc.	4,791	$35.2M	27.97
Lidl US, LLC 401(k) Plan	Lidl US, LLC	4,762	$120.1M	63.14
Lakeshore Learning Materials 401(k) Plan	Lakeshore Learning Materials, LLC	4,674	$199.6M	53.84
Discount Drug Mart, Inc. 401(k) Profit Sharing Plan	Discount Drug Mart, Inc.	4,662	$169.4M	35.27
The Nebraska Furniture Mart, Inc. Profit Sharing Plan	Nebraska Furniture Mart, Inc.	4,640	$400.2M	85.03

All 2,305 retail plans on file are listed below by size, and every one of them is searchable from the home page.

Every Retail plan, by size

The table above is the top of the list. These 11 pages hold all 2,305 plans on file in retail, split by how many people are in them, each ranked by active participants.

100 to 499 participants · 1,364 plans
Pages1 2 3 4 5 6
500 to 999 participants · 365 plans
Pages1 2
1,000 to 4,999 participants · 364 plans
Pages1 2
5,000 or more participants · 212 plans

Which retail companies disclose their 401(k) match?

For these 6 employers we also read the SEC Form 11-K and extracted the match terms, matched to this industry by the plan’s EIN.

Best Buy Co., Inc.
100% (dollar-for-dollar) of the first 3% of pay, then 50% of the next 2% of pay
Caleres, Inc.
50% of the first 6% of pay
CVS Health Corporation
100% (dollar-for-dollar) of the first 5% of pay
Lowe's Companies, Inc.
100% (dollar-for-dollar) of the first 3% of pay, then 50% of the next 2% of pay, then 25% of the next 1% of pay
The Kroger Co.
100% (dollar-for-dollar) of the first 5% of pay
Walmart Inc.
100% (dollar-for-dollar) of the first 6% of pay

Which employers count as retail here?

Retail trade (codes 442000 to 459999), excluding auto dealers, which have their own page. Sponsors here include Wegmans, CVS Health and Dollar General.

The code is the IRS principal business activity code the sponsor itself puts on Form 5500, line 2d. Medians count only plans whose Schedule H shows a positive plan-paid administrative expense (2,177 of 2,305 plans here). Plan-paid expenses exclude fund expense ratios and employer-paid bills, so every figure is a floor, not the all-in cost. Latest filing in this group received by the DOL July 25, 2026; source dataset last refreshed July 28, 2026. Full methodology

Cite this page

401(k) Monitor, “Retail 401(k) plans: median plan-paid administrative cost per participant”, computed from DOL EFAST2 Form 5500 bulk data, form year 2024.