401(k) Retirement Plan · Active
WALMART 401(K) PLAN
WALMART INC.·EIN 710415188
508 SW 8TH STREET · BENTONVILLE, AR 727160295
Plan year
2024
Plan #
003
Industry
Filing ACK
202410171309…
Prospect flagsNo flags tripped
Summary metrics
Total assets (EOY)
$41538.8M
$38,118 per participant
Active participants
1,921,006
85.9% participation
Participation rate
85.9%
94th percentile
Annual return
11.95%
25th percentile
Admin expense
0.09%
% of assets
Flag timeline
Issue history by plan year
Tripped years: 0Watched years: 0
2022
Clean
2023
Clean
2024
Clean
2025
Clean
CleanWatchedTripped (shade = count)
Section 02
How this plan compares
Peer groupIndustry45, Assets>$1B, Participants>=10,000, Snapshot2024
- Participant contribution$1,3656th pctile
- Employer contribution$97031st pctile
- Participation rate85.9%94th pctile
- Assets per participant$38,1186th pctile
- Expense efficiency$2088th pctile
- Annual return11.95%25th pctile
Overall peer rank
- Bottom quartile
- Mid
- Top quartile
Averaged across 6 normalized metrics within the selected peer group.
Fee trend
Return trend
Section 03
10-year trajectory2022 - 2025
How plan year 2024 played out
Asset flow
+$4.79B
Start of year to end of year
Section 04
Asset composition
End-of-year allocation
Cash drag vs peers
Plan cash
0.1%
Peer average
0.7%
In line with peersPeer marker at 0.7%
Section 04
Service providers
Top 10 of 13 by compensation
| Provider | Service type | Compensation |
|---|---|---|
MERRILL LYNCH PIERCE FENNER SMITH I Service code 13 | Contract Administrator | $21,215,161 |
BLACKROCK INSTITUTIONAL TRUST CO NA Service code 28 | Investment Management | $3,238,728 |
LOOMIS SAYLES Service code 28 | Investment Management | $1,870,243 |
VAUGHAN NELSON INVESTMENT MGMT Service code 28 | Investment Management | $1,572,233 |
NUVEEN ASSET MANAGEMENT Service code 28 | Investment Management | $1,387,005 |
D.F. DENT AND COMPANY, INC. Service code 28 | Investment Management | $1,284,214 |
RICE HALL JAMES & ASSOCIATES, LLC Service code 28 | Investment Management | $954,368 |
NORTHERN TRUST COMPANY Service code 21 | Bank Trustee | $849,359 |
JP MORGAN INVESTMENT MANAGEMENT INC Service code 28 | Investment Management | $358,880 |
WELLINGTON TRUST COMPANY, N.A. Service code 28 | Investment Management | $353,929 |
Section 05Plan features & details
ShowHide features, contributions, expenses, fidelity bond & compliancePension benefit codes2E2F2G2J2K2T3H2O
Section 05
Plan features & details
ShowHide features, contributions, expenses, fidelity bond & compliance
Pension benefit codes2E2F2G2J2K2T3H2O
Plan features
- 2EProfit-sharingProfit-sharing plan.
- 2FERISA section 404(c) planThis plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
- 2GTotal participant-directed account planParticipants 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.
- 2JCode section 401(k) featureCash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
- 2KCode section 401(m) arrangementEmployee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
- 2TDefault investment accountTotal or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
- 2OESOP other than a leveraged ESOPEmployee stock ownership plan that is not leveraged.
Contributions
Employer total$1,586,359,465
Participant total$2,232,685,240
Employer / P$970
Participant / P$1,365
Expenses
Admin expenses$33,503,939
Per participant$20.48
% of assets0.08%
Fidelity bond
Coverage amount$100,000,000
% of assets0.24%Below ERISA §412 10% minimum
Section 06
Other plans under this sponsor
Same EIN ·710415188