401(k) · DOL Form 5500 · 2023
CVS Health Corporation 401(k) Plan
Data updated 2026-08-25
- $27.6B
- Total assets Mega-plan scale
- 265,760
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $103,811
- Avg per participant Below avg balance/head
Official DOL plan name: CVS Health Future Fund 401(k) Plan · Sponsored by CVS Health Corporation · Rhode Island · Retail Trade
$27.6B in assets, 265,760 participants
CVS Health Corporation's CVS Health Future Fund 401(k) Plan reported $27.6B in total assets and 265,760 participants in its 2023 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.
- #8,412 in Retail Trade (8,414 peers)
Coverage in Rhode Island
CVS Health Future Fund 401(k) Plan covers 265,760 participants in Rhode Island, 183x the typical Rhode Island plan (state average ~1,449 per filing). Assets: $27.6B.
- #8,412
- in Retail Trade (8,414 peers)
- +13.8%
- assets growth YoY
- 277×
- vs typical plan assets (national mean)
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 2023 · DOL Form 5500
$27,588,812,025 Highest reported value at or above every one of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
CVS Health Future Fund 401(k) Plan's mega-plan peer group by participant headcount
Plan-year 2023 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 (265,760 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- CVS Health Future Fund 401(k) Plan reported net income rose from -$4.5B in the plan year 2022 filing to $3.3B in the plan year 2023 filing.
- CVS Health Future Fund 401(k) Plan end-of-year assets rose from $24.2B in the plan year 2022 filing to $27.6B in the plan year 2023 filing.
- CVS Health Future Fund 401(k) Plan reported participants fell from 273,274 in the plan year 2022 filing to 265,760 in the plan year 2023 filing.
DOL schedule card
Filing strip 050494040 · CVS Health Corporation PY 2023 · 401(k)
CVS Health Future Fund 401(k) Plan · $27.6B · 265,760 · 100th
- PART $27.6B
- PART 265,760
- PART 100th
- PART 401(k)
- PART near Verizon Savings Plan for Management Employees
- PART ind #8412
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
Rhode Island filing particulars
| Total Assets (Beginning of Year) | $24.2B |
|---|---|
| Net Assets (End of Year) | $27.6B |
| Net Income | $3.3B |
| Employer EIN | 050494040 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING 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
| 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.
- Textron Savings Plan $5.7B · 26,580
- Cfg Retirement Savings Plan $2.9B · 19,047
- Unfi 401(k) Plan $2.7B · 25,475
- Fm Global 401(k) Savings Plan $1.7B · 4,295
- Igt 401(k) Retirement Savings Plan $1.2B · 5,645
Scale composition for CVS Health Future Fund 401(k) Plan
CVS Health Future Fund 401(k) Plan reports $27.6B in end-of-year assets across 265,760 participants (0.22% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.28% of 93,925,755 covered participants) - about $103,811 per participant (75% of the national average assets-per-participant) . Net income for plan year 2023 was $3.3B.
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 | Open filing |
| 2023 | 265,760 | $27.6B | This page |
| 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 (401(k), $30.1B, 240,493 participants)
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 Verizon Savings Plan for Management Employees in NJ ($27.8B); by covered participants it is Starbucks Corporation 401(k) Plan in WA (260,701 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($27.6B here).
- Verizon Savings Plan for Management Employees (NJ) $27.8B · 78,072
- Fidelity Retirement Savings Plan (MA) $28.6B · 62,289
- Oracle Corporation 401(k) Savings and Investment Plan (CA) $26.3B · 63,105
- Fedex Corporation Retirement Savings Plan (TN) $23.9B · 127,010
Similar participant headcount
Nearest other-state filings by covered participants (265,760 participants); asset peers above are excluded.
- Starbucks Corporation 401(k) Plan (WA) 260,701 · 5,059 off
- Allied Universal 401(k) Plan (PA) 258,001 · 7,759 off
- Hca 401(k) Plan (TN) 291,649 · 25,889 off
- The Kroger Co. Savings Plan (OH) 236,780 · 28,980 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.