401(k) · DOL Form 5500 · 2022

McKesson Corporation 401(k) Plan

Data updated 2026-08-25

$4.6B
Total assets Very large vs avg
26,812
Participants Very large workforce
100th
Percentile by assets National rank
$173,395
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: McKesson Corporation 401(k) Retirement Savings Plan · Sponsored by McKesson Corporation · Texas · Wholesale Trade

$4.6B in assets, 26,812 participants

McKesson Corporation's McKesson Corporation 401(k) Retirement Savings Plan reported $4.6B in total assets and 26,812 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.

  • #6,839 in Wholesale Trade (6,843 peers)

Coverage in Texas

McKesson Corporation 401(k) Retirement Savings Plan covers 26,812 participants in Texas, 39x the typical Texas plan (state average ~688 per filing). Assets: $4.6B.

#6,839
in Wholesale Trade (6,843 peers)
-7.1%
assets change YoY
47×
vs typical plan assets (national mean)

The plan reported a net loss of $352M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

McKesson Corporation 401(k) Retirement Savings Plan's outsized position by total assets

McKesson Corporation 401(k) Retirement Savings Plan vs every filed plan by assets

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

$4,649,064,622 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

McKesson Corporation 401(k) Retirement Savings 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. McKesson Corporation 401(k) Retirement Savings Plan is a mega filing (26,812 participants), the rightmost band on the breakdown.

Published 5500 schedule card

Filing strip 943207296 · McKesson Corporation PY 2022 · 401(k)

McKesson Corporation 401(k) Retirement Savings Plan · $4.6B · 26,812 · 100th

  • EOY $4.6B
  • 5500 26,812
  • ASSETS 100th
  • PCT 401(k)
  • EIN near Bd 401(k) Plan
  • RANK ind #6839

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 Wholesale Trade retirement plans → · Plans in Texas →

McKesson Corporation 401(k) Retirement Savings Plan in the asset neighbourhood

Aep Retirement Savings 401(k) PlanAep Retirement Savings 401(k…$4.7BDeseret 401(k) Plan$4.7BMcKesson Corporation 401(k) Retirement Savings PlanMcKesson Corporation 401(k) …$4.6BBd 401(k) Plan$4.7BConstellation Employee Savings PlanConstellation Employee Savin…$4.6B
End-of-year total assets ($B) among McKesson Corporation 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Texas filing particulars

Total Assets (Beginning of Year)$5.0B
Net Assets (End of Year)$4.6B
Net Income-$352M
Employer EIN943207296
Plan Effective Date1972-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (McKesson Corporation)

Sponsor-wide plan assets over time

All McKesson Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$5.7B 22.295080263997242% vs 2022
2024 filing year
$4.5B$5B$5.5B$6B 202220232024 $4.65B $5.69B ▲ +22.4%
Year Plans Participants Total Assets
2022 1 26,812 $4.6B
2023 1 26,345 $5.6B
2024 1 25,981 $5.7B

Nearby 401(k) Plans in Texas

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

McKesson Corporation 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000 010203040 Total assets ($B) Participants McKesson Corporation 401(k) Retirement Savings Plan, Total assets ($B): 4.649064622 · Participants: 26812McKesson Corporation 401(k) Retirement Savings PlanAT&T Retirement Savings Plan, Total assets ($B): 37.578871 · Participants: 144503AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.266 · Participants: 23619Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 13.794958016 · Participants: 38538Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 12.806443202 · Participants: 85577American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 11.969059 · Participants: 47532Dell Inc. 401(k) Plan
McKesson Corporation 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Scale composition for McKesson Corporation 401(k) Retirement Savings Plan

McKesson Corporation 401(k) Retirement Savings Plan reports $4.6B in end-of-year assets across 26,812 participants (0.038% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.029% of 93,925,755 covered participants) - about $173,395 per participant (1.3x the national average assets-per-participant) . Net income for plan year 2022 was -$352M.

This plan identity (EIN 943207296, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $4.6B to $5.7B (+22.3%) while covered participants moved from 26,812 to 25,981 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 26,812 $4.6B This page
2023 26,345 $5.6B Open filing
2024 · index core 25,981 $5.7B Open filing

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

McKesson Corporation 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Bd 401(k) Plan in NJ ($4.7B); by covered participants it is Td 401(k) Retirement Plan in ME (26,725 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4.6B here).

Similar participant headcount

Nearest other-state filings by covered participants (26,812 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 McKesson Corporation 401(k) Retirement Savings Plan assets move in 2022?
McKesson Corporation 401(k) Retirement Savings Plan pulled back noticeably - down 7.1% during 2022, from $5.0B to $4.6B. Reported net income was -$352M.
How have McKesson Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), McKesson Corporation's sponsor-wide assets grew 22.3%, from $4.6B to $5.7B.
Where does McKesson Corporation 401(k) Retirement Savings Plan rank by assets among Form 5500 filers?
McKesson Corporation 401(k) Retirement Savings 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 McKesson Corporation 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Bd 401(k) Plan in NJ ($4.7B, 24,483 participants).
Which 401(k) plans cover a similar participant headcount to McKesson Corporation 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Td 401(k) Retirement Plan in ME (26,725 participants, $4.1B in assets).