401(k) · DOL Form 5500 · 2023

Walgreen Co. 401(k) Plan

Data updated 2026-08-25

$13.4B
Total assets Mega-plan scale
235,331
Participants Very large workforce
100th
Percentile by assets National rank
$57,130
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Walgreens Retirement Savings Plan · Sponsored by Walgreen Co. · Illinois · Retail Trade

$13.4B in assets, 235,331 participants

Walgreen Co.'s Walgreens Retirement Savings Plan reported $13.4B in total assets and 235,331 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.

  • #8,411 in Retail Trade (8,414 peers)

Coverage in Illinois

Walgreens Retirement Savings Plan covers 235,331 participants in Illinois, 302x the typical Illinois plan (state average ~779 per filing). Assets: $13.4B.

#8,411
in Retail Trade (8,414 peers)
+15.1%
assets growth YoY
135×
vs typical plan assets (national mean)

Walgreens Retirement Savings Plan's outsized position by total assets

Walgreens Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$13,444,551,767 Highest reported value at or above every one of 127,068 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 2023

Walgreens Retirement Savings 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. Walgreens Retirement Savings Plan is a mega filing (235,331 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Walgreens Retirement Savings Plan reported net income rose from -$2.8B in the plan year 2022 filing to $1.6B in the plan year 2023 filing.
  • Walgreens Retirement Savings Plan end-of-year assets rose from $11.7B in the plan year 2022 filing to $13.4B in the plan year 2023 filing.
  • Walgreens Retirement Savings Plan reported participants fell from 238,072 in the plan year 2022 filing to 235,331 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 361924025 · Walgreen Co. PY 2023 · 401(k)

Walgreens Retirement Savings Plan · $13.4B · 235,331 · 100th

  • BOOK $13.4B
  • BOOK 235,331
  • BOOK 100th
  • BOOK 401(k)
  • BOOK near Merck US Savings Plan
  • BOOK ind #8411

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 Illinois →

Walgreens Retirement Savings Plan in the asset neighbourhood

Delta 401(k) Retirement Plan for PilotsDelta 401(k) Retirement Plan…$13.7BThe Pepsico Savings Plan$13.7BDell Inc. 401(k) Plan$13.5BWalgreens Retirement Savings PlanWalgreens Retirement Savings…$13.4BMerck US Savings Plan$13.4B
End-of-year total assets ($B) among Walgreens Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$11.7B
Net Assets (End of Year)$13.4B
Net Income$1.6B
Employer EIN361924025
Plan Effective Date1940-12-17
Filing StatusFILING RECEIVED

Sponsor Plan History (Walgreen Co.)

Sponsor-wide plan assets over time

All Walgreen Co. plans reported in each filing year

Latest sponsor-wide plan assets
$14.7B 24.454579745100734% vs 2022
2024 filing year
$11B$12B$13B$14B$15B 202220232024 $11.8B $14.7B ▲ +24.5%
Year Plans Participants Total Assets
2022 2 242,506 $11.8B
2023 2 239,776 $13.6B
2024 2 237,960 $14.7B

Nearby 401(k) Plans in Illinois

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

Walgreens Retirement Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000250000 1012141618 Total assets ($B) Participants Walgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanAbbvie Savings Plan, Total assets ($B): 11.727403345 · Participants: 26300Abbvie Savings Plan
Walgreens Retirement Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Scale composition for Walgreens Retirement Savings Plan

Walgreens Retirement Savings Plan reports $13.4B in end-of-year assets across 235,331 participants (0.11% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.25% of 93,925,755 covered participants) - about $57,130 per participant (41% of the national average assets-per-participant) . Net income for plan year 2023 was $1.6B.

This plan identity (EIN 361924025, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $11.7B to $14.5B (+24.4%) while covered participants moved from 238,072 to 233,635 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 238,072 $11.7B Open filing
2023 235,331 $13.4B This page
2024 · index core 233,635 $14.5B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

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

Outside Illinois, the nearest 401(k) by assets is Merck US Savings Plan in NJ ($13.4B); by covered participants it is The Kroger Co. Savings Plan in OH (236,780 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13.4B here).

Similar participant headcount

Nearest other-state filings by covered participants (235,331 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Walgreens Retirement Savings Plan assets move in 2023?
Walgreens Retirement Savings Plan grew sharply - up 15.1% during 2023, from $11.7B to $13.4B. Reported net income was $1.6B.
How have Walgreen Co. plan assets changed over time?
Across 3 plan years on file (2022-2024), Walgreen Co.'s sponsor-wide assets grew 24.5%, from $11.8B to $14.7B.
Where does Walgreens Retirement Savings Plan rank by assets among Form 5500 filers?
Walgreens Retirement Savings Plan ranks in the 100th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Walgreens Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Merck US Savings Plan in NJ ($13.4B, 26,850 participants).
Which 401(k) plans cover a similar participant headcount to Walgreens Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is The Kroger Co. Savings Plan in OH (236,780 participants, $2.3B in assets).