PlanOptica
Retirement plan

CVS HEALTH PUERTO RICO SAVINGS PLAN

CVS HEALTH CORPORATIONEIN 05-0494040Plan #024PY 2023
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ATTN HR RETIREMENT - MC1110, ONE CVS DRIVE - WOONSOCKET, RI 02895888-694-7287cvshealth.comLinkedIn10001+ employeeshospital & health care
Other plans on this EIN
1 filing
#017Retirement-$27.59B assets
Prospect flagsLow participation

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(888) 694-7287
Plan administrator signer
ROBERTA F. JOHNNENE
Signed 09/27/2024
How to read this page

Summary metrics

Total assets (EOY)
$14.3M
-24.9% from 2016
Total participants
750
-2.7% from 2016
Average account balance
$28,982
-16.8% from 2016
Annual return
19.25%
-8.70 pp from 2016

Benchmarks

See 1,316 peers
Peer group
Industry44 - Retail Trade
Plan typeDefined contribution
Participants250-999
Cohort1,316 peers
Snapshot2023
Participant deferral / active EE
$1,907
median $3,006
Employer contribution / active EE
$1,260
median $776
Participation rate
63.0%
median 71.7%
Avg account balance
$28,982
median $41,389
Admin fee / account holder
$61
median $155
Annual return
19.25%
median 17.37%
Overall peer rank
52nd percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$10.96M
Average account balance
Total assets / participants with a balance (line 6g)
$58K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
190
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
28.7%
Contributions (total)
Employer and participant dollars contributed each year
$881K
Contributions per participant
Average employer and participant contribution per enrolled participant
$4K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+12.54%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$120
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 2 by compensation
ProviderService typeCompensation
THE VANGUARD GROUP, INC.5 years
Service code 15 · EIN 23-1945930
Recordkeeping
$19,358
VANGUARD ADVISERS, INC.3 years
Service code 26 · EIN 23-2811930
Advisory (Participants)
$15,446

Plan features & details

Pension benefit codes2E2G2T3C
Plan features
  • 2E
    Profit-sharing
    Profit-sharing plan.
  • 2G
    Total participant-directed account plan
    Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • 2T
    Default investment account
    Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
  • 3C
    Plan not intended to be qualified
    A plan not intended to be qualified under Code sections 401 403 or 408.

Opportunity flags

1 tripped
  • OpportunityLow participation

    Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II
Admin total
$30K
$44 / participant
  • Recordkeeping$15K48.9%
  • Investment mgmt$15K51.1%
% of EOY assets
0.212%
all-in expense ratio
Categories reported
2 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
MOSS ADAMS LLP
Auditor EIN
910189318
Audit fees
(not subdivided)
Opinion code
Unqualified