You Own Wall Street › Employer plans › Foot Locker
Foot Locker 401(k) retirement plan: the investment options
Does your 401(k) vote the way you would? $428m of the $449m in the Foot Locker plan votes in secret. Fidelity 500 Index Fund, the most common fund in the plans we track, publishes every vote: answer 3 of its ballots, then see your result.
The question on the ballot
As filed
Foot Locker 401(k) match and balances, from the filing
- Company money in
- about $900 per active participant
- $12m in plan year 2024
- Employees saved
- about $2,170 each
- $29m in plan year 2024
- Average balance
- $31,100
- 14,448 people with a balance
- In the plan
- $450m
- at the end of plan year 2024
Company money is the match plus any other employer contributions, averaged over all 13,384 active participants, including anyone who did not contribute. The filing reports dollars, not the match formula; the plan’s summary plan description states the formula.
SourceThe plan’s annual report to the Department of Labor — Form 5500, Schedule H, plan year 2024 · filed by FOOT LOCKER, INC. as “FOOT LOCKER 401(K) PLAN” · EIN 133513936, plan number 003 · search the filings
The Foot Locker 401(k) holds $449m. Of the $428m we could identify from the plan’s own filing, every dollar sits in a fund that publishes no record of how it voted your shares — collective trusts, which unlike a mutual fund file no Form N-PX and leave no public trace of a single vote.
SourceFoot Locker’s own annual retirement-plan filing with the SEC (Form 11-K, Schedule of Assets) · open the filing
| What the plan holds | Vehicle | Voting record | Value |
|---|---|---|---|
| Northern Trustlisted as “Northern Trust S&P 500 Index Fund- DC - Non-Lending units” | Collective trust or separate account | NONE | $53m |
| State Streetlisted as “SSGA TargetRetirement 2050 NL Series W units” | Collective trust or separate account | NONE | $46m |
| State Streetlisted as “SSGA TargetRetirement 2045 NL Series W units” | Collective trust or separate account | NONE | $44m |
| State Streetlisted as “SSGA TargetRetirement 2055 NL Series W units” | Collective trust or separate account | NONE | $41m |
| Nuveenlisted as “Winslow Large Cap Growth C Fund units” | Collective trust or separate account | NONE | $37m |
| State Streetlisted as “SSGA TargetRetirement 2060 NL Series W units” | Collective trust or separate account | NONE | $31m |
| State Streetlisted as “SSGA TargetRetirement 2040 NL Series W units” | Collective trust or separate account | NONE | $26m |
| Dodge & Coxlisted as “Dodge & Cox Stock Fund units” | Collective trust or separate account | NONE | $25m |
| State Streetlisted as “SSGA TargetRetirement 2035 NL Series W units” | Collective trust or separate account | NONE | $24m |
| Galliardlisted as “Galliard Stable Return Fund N units” | Collective trust or separate account | NONE | $17m |
| State Streetlisted as “SSGA TargetRetirement 2065 NL Series W units” | Collective trust or separate account | NONE | $16m |
| State Streetlisted as “SSGA TargetRetirement 2030 NL Series W units” | Collective trust or separate account | NONE | $15m |
The 12 largest holdings in the plan. “Vehicle” is the description the filing itself gives each investment.
Why there is nothing to show
A mutual fund has to file Form N-PX every year listing every vote it cast on your behalf. A collective investment trust does not. It is a bank-run vehicle sold only inside retirement plans, it is cheaper, and it is now where most 401(k) default money sits — including most target-date funds, which is where savers who never chose anything are put.
So the shares bought with Foot Locker employees’ retirement savings are voted every proxy season — on executive pay, on board seats, on climate and workforce proposals — and there is no public document anywhere recording how. This is not an oversight by Foot Locker; it is what the disclosure rules currently require, which is to say: nothing.
What you can do
Check whether your plan offers any registered fund as an alternative — those publish their records, and you can read them here. If it does not, the menu itself is the thing that has to change, and that is a decision made by the plan’s fiduciary committee, not by you alone.
See how funds that do publish voted →
CoverageWe classified 100% of this plan’s assets from the filing. The figure above is the share of the money we could classify; anything we could not identify is excluded from it rather than assumed either way.
Other employer plans
The largest employer plans on the site, and a few more. Each page shows what the plan’s funds did with the shares its savers paid for.