Retirement plan

WALMART PUERTO RICO 401(K) PLAN

Name: WALMART INC. - WALMART PUERTO RICO 401(K) PLAN (2018) Form 5500
Creator: WALMART INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WALMART PUERTO RICO 401(K) PLAN, WALMART INC.

WALMART INC.EIN 71-0415188Plan #004PY 2018

508 SW 8TH STREET - BENTONVILLE, AR 727160295800-421-1362walmart.comLinkedIn10001+ employeesretail

Other plans on this EIN

3 filings

#003Retirement-$30.16B assets #006Retirement-$5.4M assets #005Retirement--

Prospect flagsLow assets / participantLow participant contribution

Top hat statement on fileNQDC

Filed February 24, 2012 (most recent of 3 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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How to read this page

Total assets (EOY)

$146.8M

-15.6% from 2017

Total participants

13,787

+1.6% from 2017

Average account balance

$14,201

-14.6% from 2017

Annual return

25.55%

-21.97 pp from 2017

Benchmarks

See 42 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants>=10,000

Cohort42 peers

Snapshot2018

Participant deferral / active EE

$524

median $941

Employer contribution / active EE

$480

median $429

Participation rate

73.2%

median 44.2%

Avg account balance

$14,201

median $31,756

Admin fee / account holder

$47

median $51

Annual return

25.55%

median -4.30%

Overall peer rank

50of 100

50th percentileavg across 6 metrics

Analytics

2016 - 2025

Total assets (EOY)

Plan-year ending balance

$180.20M

Average account balance

Total assets / participants with a balance (line 6g)

$19K

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

9,532

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

71.9%

Contributions (total)

Employer and participant dollars contributed each year

$19.03M

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+21.05%

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$36

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Mutual / pooled
Stocks
Bonds
Cash
Real estate
Loans

Service providers

Top 8 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH2 years Filed as: MERRILL LYNCH PIERCE FENNER SMITH Service code 13 · EIN 13-5674085	Contract Administrator	$274,248
BANCO POPULAR DE PUERTO RICO3+ years Service code 21 · EIN 66-0561870	Bank Trustee	$74,597
BLACKROCK3+ years Filed as: BLACKROCK INSTITUTIONAL TRUST CO NA Service code 27 · EIN 94-3112180	Advisory (Plan)	$33,560
WESTWOOD TRUST2 years Filed as: WESTWOOD MANAGEMENT CORP. Service code 28 · EIN 13-3160186	Investment Management	$23,037
INVESCO3+ years Filed as: INVESCO CAPITAL MANAGEMENT Service code 28 · EIN 58-1707262	Investment Management	$20,941
WELLINGTON TRUST COMPANY1 year Filed as: WELLINGTON TRUST COMPANY, N.A. Service code 28 · EIN 04-2755549	Investment Management	$18,985
ELK CREEK PARTNERS, LLC3+ years Service code 28 · EIN 27-5463196	Investment Management	$18,142
NORTHERN TRUST COMPANY1 year Filed as: THE NORTHERN TRUST COMPANY Service code 18 · EIN 36-1561860	Trustee (directed); Custodial (securi...	$15,731

Plan features & details

Pension benefit codes2E2F2G2J2K2O2T3C3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
2J
Code section 401(k) feature
Cash 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.
2K
Code section 401(m) arrangement
Employee 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.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$489K

$38 / participant

Investment mgmt$124K25.4%
Contract admin$274K56.1%
Other / not subdivided$90K18.5%

% of EOY assets

0.333%

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: ERNST & YOUNG, LLP
Auditor EIN: 346565596
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$14,201

$38,509-63.1%

$90,657-84.3%

$73,367-80.6%

Participation rate

73.2%

45.9%+27.3pp

74.0%-0.8pp

69.5%+3.7pp

Annual return

25.55%

2.07%+23.5pp

1.89%+23.7pp

173.45%-147.9pp

Employer contribution / active EE

$480

$754-36.3%

$2,532-81.1%

$2,499-80.8%

Participant deferral / active EE

$524

$1,495-65.0%

$3,424-84.7%

$4,033-87.0%

Admin fee / account holder

$47

$48-2.1%

$4,994-99.1%

$68-30.9%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH2 years

Filed as: MERRILL LYNCH PIERCE FENNER SMITH

Service code 13 · EIN 13-5674085

Contract Administrator

$274,248

BANCO POPULAR DE PUERTO RICO3+ years

Service code 21 · EIN 66-0561870

Bank Trustee

$74,597

BLACKROCK3+ years

Filed as: BLACKROCK INSTITUTIONAL TRUST CO NA

Service code 27 · EIN 94-3112180

Advisory (Plan)

$33,560

WESTWOOD TRUST2 years

Filed as: WESTWOOD MANAGEMENT CORP.

Service code 28 · EIN 13-3160186

Investment Management

$23,037

INVESCO3+ years

Filed as: INVESCO CAPITAL MANAGEMENT

Service code 28 · EIN 58-1707262

Investment Management

$20,941

WELLINGTON TRUST COMPANY1 year

Filed as: WELLINGTON TRUST COMPANY, N.A.

Service code 28 · EIN 04-2755549

Investment Management

$18,985

ELK CREEK PARTNERS, LLC3+ years

Service code 28 · EIN 27-5463196

Investment Management

$18,142

NORTHERN TRUST COMPANY1 year

Filed as: THE NORTHERN TRUST COMPANY

Service code 18 · EIN 36-1561860

Trustee (directed); Custodial (securi...

$15,731

WALMART PUERTO RICO 401(K) PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WALMART PUERTO RICO 401(K) PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion