401(k) · DOL Form 5500 · 2022

CVS Health Corporation 401(k) Plan

Data updated 2026-08-25

$24.2B
Total assets Mega-plan scale
273,274
Participants Very large workforce
100th
Percentile by assets National rank
$88,692
Avg per participant Below avg balance/head
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Official DOL plan name: CVS Health Future Fund 401(k) Plan · Sponsored by CVS Health Corporation · Rhode Island · Retail Trade

$24.2B in assets, 273,274 participants

CVS Health Corporation's CVS Health Future Fund 401(k) Plan reported $24.2B in total assets and 273,274 participants in its 2022 DOL Form 5500 filing, ranking in the 100th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #9,517 in Retail Trade (9,519 peers)

Coverage in Rhode Island

CVS Health Future Fund 401(k) Plan covers 273,274 participants in Rhode Island, 189x the typical Rhode Island plan (state average ~1,449 per filing). Assets: $24.2B.

#9,517
in Retail Trade (9,519 peers)
-15.9%
assets change YoY
243×
vs typical plan assets (national mean)

The plan reported a net loss of $4.5B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

CVS Health Future Fund 401(k) Plan's outsized position by total assets

CVS Health Future Fund 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$24,237,200,876 Highest reported value at or above every one of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

CVS Health Future Fund 401(k) Plan's mega-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. CVS Health Future Fund 401(k) Plan is a mega filing (273,274 participants), the rightmost band on the breakdown.

DOL schedule card

Filing strip 050494040 · CVS Health Corporation PY 2022 · 401(k)

CVS Health Future Fund 401(k) Plan · $24.2B · 273,274 · 100th

  • PHOTO $24.2B
  • PHOTO 273,274
  • PHOTO 100th
  • PHOTO 401(k)
  • PHOTO near GE Retirement Savings Plan
  • PHOTO ind #9517

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Retail Trade retirement plans → · Plans in Rhode Island →

CVS Health Future Fund 401(k) Plan in the asset neighbourhood

Costco 401(k) Retirement Plan$25.9BVerizon Savings Plan for Management EmployeesVerizon Savings Plan for Man…$25.2BGE Retirement Savings Plan$24.8BCVS Health Future Fund 401(k) PlanCVS Health Future Fund 401(k…$24.2BFidelity Retirement Savings PlanFidelity Retirement Savings …$23.0B
End-of-year total assets ($B) among CVS Health Future Fund 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Rhode Island filing particulars

Total Assets (Beginning of Year)$28.8B
Net Assets (End of Year)$24.2B
Net Income-$4.5B
Employer EIN050494040
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (CVS Health Corporation)

Sponsor-wide plan assets over time

All CVS Health Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$30.1B 24.124614675754636% vs 2022
2024 filing year
$22B$24B$26B$28B$30B$32B 202220232024 $24.3B $30.1B ▲ +24.1%
Year Plans Participants Total Assets
2022 2 274,022 $24.2B
2023 2 266,473 $27.6B
2024 2 241,187 $30.1B

Nearby 401(k) Plans in Rhode Island

Peer 401(k) plans, same state, same plan type, ranked by total assets.

CVS Health Future Fund 401(k) Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -100102030 Total assets ($B) Participants CVS Health Future Fund 401(k) Plan, Total assets ($B): 24.237200876 · Participants: 273274CVS Health Future Fund 401(k) PlanTextron Savings Plan, Total assets ($B): 4.980267873 · Participants: 25353Textron Savings PlanCfg Retirement Savings Plan, Total assets ($B): 2.504448168 · Participants: 17454Cfg Retirement Savings PlanUnfi 401(k) Plan, Total assets ($B): 2.458736828 · Participants: 24670Unfi 401(k) PlanFm Global 401(k) Savings Plan, Total assets ($B): 1.429728934 · Participants: 3865Fm Global 401(k) Savings PlanIgt 401(k) Retirement Savings Plan, Total assets ($B): 1.026875377 · Participants: 5633Igt 401(k) Retirement Savings Plan
CVS Health Future Fund 401(k) Plan vs. nearby 401(k) plans in Rhode Island, assets vs. participants

Scale composition for CVS Health Future Fund 401(k) Plan

CVS Health Future Fund 401(k) Plan reports $24.2B in end-of-year assets across 273,274 participants (0.20% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.29% of 93,925,755 covered participants) - about $88,692 per participant (64% of the national average assets-per-participant) . Net income for plan year 2022 was -$4.5B.

This plan identity (EIN 050494040, plan #017) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $24.2B to $30.1B (+24.1%) while covered participants moved from 273,274 to 240,493 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 273,274 $24.2B This page
2023 265,760 $27.6B Open filing
2024 · index core 240,493 $30.1B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

CVS Health Future Fund 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Rhode Island, the nearest 401(k) by assets is GE Retirement Savings Plan in CT ($24.8B); by covered participants it is Hca 401(k) Plan in TN (280,576 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($24.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (273,274 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did CVS Health Future Fund 401(k) Plan assets move in 2022?
CVS Health Future Fund 401(k) Plan declined sharply - down 15.9% during 2022, from $28.8B to $24.2B. Reported net income was -$4.5B.
How have CVS Health Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), CVS Health Corporation's sponsor-wide assets grew 24.1%, from $24.2B to $30.1B.
Where does CVS Health Future Fund 401(k) Plan rank by assets among Form 5500 filers?
CVS Health Future Fund 401(k) Plan ranks in the 100th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to CVS Health Future Fund 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is GE Retirement Savings Plan in CT ($24.8B, 57,522 participants).
Which 401(k) plans cover a similar participant headcount to CVS Health Future Fund 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Hca 401(k) Plan in TN (280,576 participants, $18.7B in assets).