Plan Snapshot
- Plan Sponsor: Mckesson Corporation
- Sponsor EIN: 943207296
- Sponsor Address: 6555 STATE HIGHWAY 161, IRVING, TX, 75039
- Plan Type: 401(k)
- Total Participants: 26,640
- Total Assets: $5.7B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 26,640 | $5.7B | $0 | $0 |
| 2024 | 25,981 | $5.6B | $0 | $0 |
| 2023 | 26,345 | $4.6B | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CARR, RIGGS, & INGRAM LLC | Auditor | $22,000 | — | $22,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,000
- Estimated Expense Ratio: 0.000% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $1,145,827 | $10,336 | — | $22,000 | — |
| 2024 | $1,272,878 | $210,300 | $1,800 | — | — |
| 2023 | $1,351,431 | — | — | — | — |