Employer · plans filed under one EIN
CVS Health Corporation
Woonsocket, RI · Retail trade
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
CVS Health Corporation, based in Woonsocket, Rhode Island, sponsors 2 retirement plans with 100 or more participants: 2 defined contribution. Together they reported 386,281 participant records and $30.1B in net assets.
The largest is CVS Health Future Fund 401(k) Plan, an ESOP with a 401(k) feature with 385,927 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $559M and participant contributions $1.10B in the latest plan years; benefits paid were $2.55B. Schedule C compensation reported to service provider organisations totalled $44.1M.
Combined net assets moved from $4.19B in 2009 to $30.1B in 2024 (up 617%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| CVS Health Future Fund 401(k) Plan | ESOP with a 401(k) feature | 2024 | 385,927 | $30.1B | $77,896 | $1,778 | $44.1M |
| CVS Health Puerto Rico Savings Plan | profit-sharing plan | 2024 | 354 | $11.0M | $30,957 | $1,458 | $24K |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 2 | 386,281 | $30.1B | $559M | $1.10B |
| 2023 | 2 | 307,818 | $27.6B | $567M | $1.09B |
| 2022 | 2 | 330,573 | $24.2B | $541M | $1.04B |
| 2021 | 2 | 332,533 | $28.7B | $542M | $1.00B |
| 2020 | 2 | 378,724 | $25.0B | $512M | $894M |
| 2019 | 2 | 237,922 | $12.7B | $311M | $551M |
| 2018 | 2 | 198,721 | $10.3B | $291M | $511M |
| 2017 | 2 | 201,696 | $10.9B | $288M | $484M |
| 2016 | 2 | 184,717 | $9.44B | $264M | $436M |
| 2015 | 2 | 173,133 | $8.42B | $237M | $397M |
| 2014 | 2 | 168,748 | $8.33B | $219M | $368M |
| 2013 | 2 | 163,240 | $7.61B | $206M | $342M |
| 2012 | 2 | 143,897 | $6.19B | $166M | $274M |
| 2011 | 2 | 140,627 | $4.85B | $156M | $258M |
| 2010 | 1 | 141,340 | $4.78B | $156M | $260M |
| 2009 | 1 | 141,202 | $4.19B | $156M | $253M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Vanguard Advisers Inc. | Investment advisory (participants) | 2 | $15,970,369 |
| The Vanguard Group, Inc. | Recordkeeping and information management; Consulting (general); Participant loan processing | 2 | $5,439,621 |
| MFS Institutional Advisors, Inc. | Investment management | 1 | $3,108,605 |
| Columbia Management Investment Advi | Investment management | 1 | $2,750,323 |
| T. Rowe Price | Investment management | 1 | $2,686,542 |
| Wellington Management | Investment management | 1 | $2,481,639 |
| Barrow Hanley Global Investors | Investment management | 1 | $1,978,364 |
| The Bank of New York Mellon | Trustee (bank, trust company, or similar financial institution); Trustee (directed); Named fiduciary | 1 | $1,526,366 |
| Loomis, Sayles & Company, L.P. | Investment management | 1 | $1,405,760 |
| Snyder Capital Management, L.P. | Investment management | 1 | $1,209,270 |
| Earnest Partners, LLC | Investment management | 1 | $1,056,004 |
| Baron Capital Management, Inc. | Investment management | 1 | $1,053,035 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does CVS Health Corporation have?
2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: CVS Health Future Fund 401(k) Plan and CVS Health Puerto Rico Savings Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does CVS Health Corporation contribute to its plans?
$558,644,155 in employer contributions across these plans in their latest plan years, about $1,778 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Vanguard Advisers Inc., The Vanguard Group, Inc., MFS Institutional Advisors, Inc. and Columbia Management Investment Advi and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.