Target Corporation 401(k) Plan: Login, Facts & Contact Information

Target Corporation 401(k) Plan Facts

Plan name
TARGET CORPORATION 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing with a company-stock (ESOP) component
Plan sponsor
TARGET CORPORATION
Participants
475,573 (427,999 active employees)
Former employees with a balance
64,472
Plan assets
$14,419,645,154 at Dec 31, 2024
Average account balance
$65,765 across 219,259 accounts
Employer contributions
$382,473,638 in plan year 2024 (37% of all contributions)
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Feb 1, 1967
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing✓ Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 2, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.04 billion went into the plan in contributions, $382.5 million of it from the employer (37%).
  • $1.15 billion was paid out to participants.
  • Investment and other income added $1.54 billion.

How the Target Corporation 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019339,616$9.94 billion$239.1 million$755.5 million
2020356,847$11.8 billion$274.3 million$793.5 million
2021399,134$13.9 billion$312.6 million$890.3 million
2022460,507$11.2 billion$346.4 million$820.2 million
2023496,792$13.0 billion$356.5 million$851.0 million
2024475,573$14.4 billion$382.5 million$1.15 billion

Target Corporation 401(k) Contact Information

Phone
612-307-5037
Mailing address
7000 TARGET PARKWAY NORTH NCB-201, BROOKLYN PARK MN 55445
Plan sponsor
TARGET CORPORATION
Employer identification number (EIN)
41-0215170
Plan number
002

Questions about the Target Corporation 401(k)

Does Target Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $382.5 million, 37% of all contributions.

Does the Target Corporation 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Target Corporation 401(k) plan?

475,573 participants at the start of plan year 2024, 427,999 of them active employees, and 64,472 former employees who still had money in the plan.

What is the average 401(k) balance at Target Corporation?

About $65,765 per account: $14.4 billion in plan assets across 219,259 accounts with a balance at the end of plan year 2024.

Who manages the Target Corporation 401(k) accounts?

Alight is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Target Corporation. How do I access my 401(k)?

Your account stays with Alight after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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