Employer · plans filed under one EIN
Walmart Inc.
Bentonville, AR · 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.
Walmart Inc., based in Bentonville, Arkansas, sponsors 3 retirement plans with 100 or more participants: 3 defined contribution. Together they reported 1,983,316 participant records and $50.9B in net assets.
The largest is Walmart 401(k) Plan, an ESOP with a 401(k) feature with 1,970,230 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 $1.83B and participant contributions $2.58B in the latest plan years; benefits paid were $4.04B. Schedule C compensation reported to service provider organisations totalled $41.5M.
Combined net assets moved from $12.8B in 2009 to $50.9B in 2024 (up 297%). 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 |
|---|---|---|---|---|---|---|---|
| Walmart 401(k) Plan | ESOP with a 401(k) feature | 2024 | 1,970,230 | $50.7B | $25,757 | $1,092 | $41.3M |
| Walmart Puerto Rico 401(k) Plan | ESOP with a 401(k) feature | 2024 | 12,657 | $180M | $14,193 | $807 | $229K |
| Jet.com Retirement Trust | 401(k) plan | 2024 | 429 | $4.3M | $10,009 | — | $0 |
| 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 | 3 | 1,983,316 | $50.9B | $1.83B | $2.58B |
| 2023 | 3 | 1,933,885 | $41.6B | $1.60B | $2.24B |
| 2022 | 3 | 1,894,599 | $36.8B | $1.49B | $2.11B |
| 2021 | 3 | 1,960,144 | $38.5B | $1.44B | $2.00B |
| 2020 | 3 | 1,873,743 | $35.1B | $1.29B | $1.76B |
| 2019 | 3 | 1,704,307 | $32.8B | $1.19B | $1.60B |
| 2018 | 3 | 1,679,337 | $28.8B | $1.16B | $1.54B |
| 2017 | 2 | 1,668,818 | $30.3B | $1.12B | $1.53B |
| 2016 | 2 | 1,680,455 | $24.3B | $1.06B | $1.52B |
| 2015 | 2 | 1,617,707 | $20.9B | $968M | $1.39B |
| 2014 | 2 | 1,500,012 | $22.5B | $899M | $1.15B |
| 2013 | 2 | 1,181,015 | $20.8B | $891M | $1.10B |
| 2012 | 2 | 1,198,464 | $18.3B | $851M | $1.06B |
| 2011 | 2 | 1,222,149 | $15.7B | $764M | $934M |
| 2010 | 2 | 1,228,420 | $15.0B | $1.12B | $705M |
| 2009 | 2 | 1,261,612 | $12.8B | $1.10B | $626M |
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 |
|---|---|---|---|
| Merrill Lynch Pierce Fenner Smith I | Recordkeeping and information management; Contract Administrator; Participant loan processing; Participant communication | 2 | $24,203,320 |
| BlackRock Institutional Trust Co. NA | Investment management | 1 | $3,799,185 |
| Vaughan Nelson Investment MGMT | Investment management | 1 | $2,961,377 |
| Loomis Sayles | Investment management | 1 | $2,207,467 |
| D.F. Dent and Company, Inc. | Investment management | 1 | $1,990,575 |
| Rice Hall James & Associates, LLC | Investment management | 1 | $1,487,633 |
| Wellington Trust Company, N.A. | Investment management | 1 | $1,006,403 |
| Nuveen Asset Management | Investment management | 1 | $979,352 |
| Northern Trust Company | Trustee (bank, trust company, or similar financial institution) | 1 | $968,611 |
| Systematic Financial Management | Investment management | 1 | $698,530 |
| Driehaus Capital Management LLC | Investment management | 1 | $504,794 |
| JP Morgan Investment Management Inc. | Investment management | 1 | $302,335 |
| Banco Popular de Puerto Rico | Trustee (bank, trust company, or similar financial institution) | 1 | $61,256 |
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 Walmart Inc. have?
3 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Walmart 401(k) Plan, Walmart Puerto Rico 401(k) Plan and Jet.com Retirement Trust. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Walmart Inc. contribute to its plans?
$1,834,127,042 in employer contributions across these plans in their latest plan years, about $1,090 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 Merrill Lynch Pierce Fenner Smith I, BlackRock Institutional Trust Co. NA, Vaughan Nelson Investment MGMT and Loomis Sayles 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.