Dollar Tree 401(k) Plan

The Dollar Tree Retirement Savings Plan is a defined contribution 401(k) plan sponsored by Dollar Tree, Inc. that covered 105,623 total participants and held 979,131,703 dollars in net plan assets at the end of the 2024 plan year. Empower Retirement, LLC serves as the plan's recordkeeper and Empower Trust Company, LLC serves as trustee under a participant-directed investment arrangement. The plan offers a discretionary employer match along with a Roth contribution option and a profit-sharing feature. The investment menu combines Vanguard target-date collective trusts, index and active mutual funds, a stable value fund, and several pooled separate accounts.

Participants: 83,276 Plan assets: $979,131,703 Plan number: 001 Form 5500 plan year: 2024 Last verified: May 28, 2026 View Form 5500
Employer match
100% match on the first 5% of eligible pay
Investment options
22
funds in the lineup
Auto-enrollment
Not specified

By Zac Murphy, CFA charterholder and CFP professional. Published May 28, 2026. Verified against Form 5500 plan year 2024.

Build your allocation
Need some help investing your 401(k)?

Answer 13 quick questions to find your risk profile and see which of five sample allocations fits.

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Fund lineup

Fund Asset Class Type
Putnam Stable Value Fund Stable Value Other
Vanguard Target Retirement Income Trust I Target-date Index
Vanguard Target Retirement 2020 Trust I Target-date Index
Vanguard Target Retirement 2025 Trust I Target-date Index
Vanguard Target Retirement 2030 Trust I Target-date Index
Vanguard Target Retirement 2035 Trust I Target-date Index
Vanguard Target Retirement 2040 Trust I Target-date Index
Vanguard Target Retirement 2045 Trust I Target-date Index
Vanguard Target Retirement 2050 Trust I Target-date Index
Vanguard Target Retirement 2055 Trust I Target-date Index
Vanguard Target Retirement 2060 Trust I Target-date Index
Vanguard Target Retirement 2065 Trust I Target-date Index
Victory Integrity Small/Mid-Cap Value CF C US Mid Cap Active
Fidelity 500 Index Fund US Large Cap Index
MFS Value Fund Class R6 US Large Cap Active
Vanguard Explorer Fund Admiral Shares US Small Cap Active
Vanguard Extended Market Index Fund Admiral Shares US Mid Cap Index
Vanguard Total Bond Market Index Fund Admiral Shares US Bonds Index
Vanguard Total International Stock Index Fund Admiral Shares International Equity Index
Capital Group EuroPacific Growth Fund International Equity Active
MetWest Core Plus Bond US Bonds Active
Winslow Capital U.S. Large Cap Growth Fund US Large Cap Active

Why our allocations use only index funds

The actively managed funds in this plan cost more per year than the plan's index funds, which run roughly 0.02% to 0.06%. Decades of research on long-term active fund performance do not support reliable outperformance net of fees, which is why the allocation ideas below may consider using only the low-cost index options.

Employer match

Match summary
100% match on the first 5% of eligible pay
Match cap 100% of pay
Effective match rate 5%
Vesting Participants are immediately 100% vested in their own and employer matching contributions, while profit-sharing contributions vest on a graded schedule reaching 100% after 5 years of service.
Waiting period Eligible immediately upon hire if at least 18 years of age and employed full-time.
$
Contribute this much to capture the full match
100% of your eligible pay, every paycheck.

100% match on the first 5% of eligible pay Contributing less than 100% of your eligible pay leaves part of Dollar Tree, Inc.'s match unclaimed.

What the match is worth at your pay After 1 year of service, contributing 100%
Annual pay Your contribution Employer match Total to 401(k)

Estimates assume a constant salary and the match formula shown above. Your actual match depends on your plan's exact terms.

The cost of contributing only --%

On a $60,000 salary, contributing just half the match threshold would leave about -- in employer match unclaimed each year. Invested over 20 years at a hypothetical 7% annual return, that forgone match could have grown to roughly -- (a hypothetical illustration, not a projection). The match is the highest-return contribution you will make all year.

Sources

  • Plan metadata (employer, participants, assets, plan year): Form 5500 annual return/report, plan year 2024 -- view filing
  • Summary Plan Description (SPD) and fee disclosure (404a-5), where available from the plan administrator.

This page is for educational purposes only and does not constitute investment, tax, or legal advice, nor a recommendation to buy or sell any security. Information is drawn from public Form 5500 filings and plan documents and may be incomplete or out of date. You may consider consulting a qualified professional and confirming all details with your plan administrator before making decisions. Waterfall Planning is not affiliated with Dollar Tree, Inc..

Find your risk profile

Answer 13 questions to see which allocation fits your situation.

Question 1 of 13

Risk assessment methodology based on Grable, J. E., & Lytton, R. H. (1999). Financial risk tolerance revisited: The development of a risk assessment instrument. Financial Services Review, 8, 163-181.

Allocation ideas

Five sample mixes built from this plan's funds, from conservative to growth. Take the assessment above to see which one fits your risk profile.

Recommended for you (based on your risk profile)
Conservative
Conservative

Capital preservation with minimal market exposure, built from bonds and stable value.

US equity   International   Bonds   Stable value
Vanguard Total Bond Market Index Fund Admiral Shares 70%
Putnam Stable Value Fund 30%
0% stocks / 100% bonds
Recommended for you (based on your risk profile)
Income & A Little Growth
Income & A Little Growth

Mostly bonds with a small stock sleeve for modest growth.

US equity   International   Bonds   Stable value
Vanguard Total Bond Market Index Fund Admiral Shares 49%
Putnam Stable Value Fund 21%
Fidelity 500 Index Fund 19%
Vanguard Total International Stock Index Fund Admiral Shares 8%
Vanguard Extended Market Index Fund Admiral Shares 3%
30% stocks / 70% bonds
Recommended for you (based on your risk profile)
Balanced
Balanced

A classic 60/40 split of stocks and bonds.

US equity   International   Bonds   Stable value
Fidelity 500 Index Fund 39%
Vanguard Total Bond Market Index Fund Admiral Shares 28%
Vanguard Total International Stock Index Fund Admiral Shares 15%
Putnam Stable Value Fund 12%
Vanguard Extended Market Index Fund Admiral Shares 6%
60% stocks / 40% bonds
Recommended for you (based on your risk profile)
Growth & Income
Growth & Income

Stock-heavy with a bond cushion for a long horizon.

US equity   International   Bonds   Stable value
Fidelity 500 Index Fund 52%
Vanguard Total International Stock Index Fund Admiral Shares 20%
Vanguard Total Bond Market Index Fund Admiral Shares 14%
Vanguard Extended Market Index Fund Admiral Shares 8%
Putnam Stable Value Fund 6%
80% stocks / 20% bonds
Recommended for you (based on your risk profile)
Growth
Growth

All stocks for maximum long-term growth potential, with higher short-term volatility.

US equity   International   Bonds   Stable value
Fidelity 500 Index Fund 65%
Vanguard Total International Stock Index Fund Admiral Shares 25%
Vanguard Extended Market Index Fund Admiral Shares 10%
100% stocks / 0% bonds
Stay on track

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  • What your match is really worth
  • How to keep costs low with index funds
  • Plan updates when your filing changes

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These allocation ideas are educational illustrations built from this plan's available funds and a standard risk-tolerance assessment. They are not personalized investment advice or a recommendation, and risk tolerance is only one factor in an investment decision. You may consider consulting a qualified professional before making changes to your account.