Plan Snapshot
- Plan Sponsor: Walmart INC.
- Sponsor EIN: 710415188
- Sponsor Address: 1 CUSTOMER DRIVE, BENTONVILLE, AR, 72712
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,650,312
- Total Assets: $902.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,650,312 | $902.6M | $5.2B | $2.0B |
| 2023 | 1,644,160 | $890.1M | $4.8B | $1.9B |
| 2022 | 2,076,632 | $859.2M | $4.5B | $1.9B |
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 |
|---|---|---|---|---|
| ARKANSAS BLUE CROSS AND BLUE SHIELD | Other Service Provider | $221,873,044 | — | $221,873,044 |
| AETNA | Other Service Provider | $33,999,310 | — | $33,999,310 |
| SEDGWICK | Other Service Provider | $32,811,898 | — | $32,811,898 |
| UMR | Other Service Provider | $26,874,858 | — | $26,874,858 |
| OPTUMRX | Other Service Provider | $25,399,171 | — | $25,399,171 |
| DELTA DENTAL OF AR | Other Service Provider | $10,565,779 | — | $10,565,779 |
| HEALTH DESIGN PLUS | Other Service Provider | $8,254,975 | — | $8,254,975 |
| INTELLIVO | Other Service Provider | $2,991,540 | — | $2,991,540 |
| MCS LIFE INSURANCE CO | Other Service Provider | $2,871,126 | — | $2,871,126 |
| HEALTHCARE HORIZONS | Other Service Provider | $2,751,370 | — | $2,751,370 |
| CONEXIS BENEFIT ADMINISTRATORS | Other Service Provider | $1,946,322 | — | $1,946,322 |
| VCG CONSULTANTS | Other Service Provider | $1,917,379 | — | $1,917,379 |
| VERISK HEALTH | Other Service Provider | $1,020,000 | — | $1,020,000 |
| MC-21 LLC | Other Service Provider | $296,208 | — | $296,208 |
| DENTAL PR | Other Service Provider | $104,822 | — | $104,822 |
| JPMORGAN BANK | Recordkeeper | $47,940 | — | $47,940 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JPMORGAN BANK — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $373,725,742
- Estimated Expense Ratio: 41.406% 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 |
|---|---|---|---|---|---|
| 2024 | $373,725,742 | — | $1,917,379 | — | — |
| 2023 | $360,661,999 | — | $1,864,964 | — | — |
| 2022 | $339,174,172 | — | — | — | — |