401(k) · DOL Form 5500 · 2023

Walmart Inc. 401(k) Plan

Data updated 2026-08-25

$41.5B
Total assets Mega-plan scale
1,611,202
Participants Very large workforce
100th
Percentile by assets National rank
$25,781
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Walmart 401(k) Plan · Sponsored by Walmart Inc. · Arkansas · Retail Trade

$41.5B in assets, 1,611,202 participants

Walmart Inc.'s Walmart 401(k) Plan reported $41.5B in total assets and 1,611,202 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.

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

Coverage in Arkansas

Walmart 401(k) Plan covers 1,611,202 participants in Arkansas, 579x the typical Arkansas plan (state average ~2,784 per filing). Assets: $41.5B.

#8,414
in Retail Trade (8,414 peers)
+13.0%
assets growth YoY
417×
vs typical plan assets (national mean)

Walmart 401(k) Plan's outsized position by total assets

Walmart 401(k) Plan vs every filed plan by assets

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

$41,538,754,799 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

Walmart 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. Walmart 401(k) Plan is a mega filing (1,611,202 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Walmart 401(k) Plan reported net income rose from -$1.7B in the plan year 2022 filing to $4.8B in the plan year 2023 filing.
  • Walmart 401(k) Plan end-of-year assets rose from $36.7B in the plan year 2022 filing to $41.5B in the plan year 2023 filing.
  • Walmart 401(k) Plan reported participants fell from 1,687,830 in the plan year 2022 filing to 1,611,202 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 710415188 · Walmart Inc. PY 2023 · 401(k)

Walmart 401(k) Plan · $41.5B · 1,611,202 · 100th

  • BOY $41.5B
  • BOY 1,611,202
  • BOY 100th
  • BOY 401(k)
  • BOY near AT&T Retirement Savings Plan
  • BOY ind #8414

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 Arkansas →

Walmart 401(k) Plan in the asset neighbourhood

JPMorgan Chase 401(k) Savings PlanJPMorgan Chase 401(k) Saving…$44.6BWalmart 401(k) Plan$41.5BAT&T Retirement Savings Plan$40.0BGoogle LLC 401(k) Savings PlanGoogle LLC 401(k) Savings Pl…$39.0BNorthrop Grumman Savings Plan$36.2B
End-of-year total assets ($B) among Walmart 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Arkansas filing particulars

Total Assets (Beginning of Year)$36.7B
Net Assets (End of Year)$41.5B
Net Income$4.8B
Employer EIN710415188
Plan Effective Date1997-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Walmart Inc.)

Sponsor-wide plan assets over time

All Walmart Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$51.0B 38.27859845408385% vs 2022
2024 filing year
$35B$40B$45B$50B$55B 202220232024 $36.9B $51B ▲ +38.3%
Year Plans Participants Total Assets
2022 3 1,699,758 $36.9B
2023 3 1,622,263 $41.7B
2024 3 1,647,043 $51.0B

Nearby 401(k) Plans in Arkansas

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

Walmart 401(k) Plan vs. nearby 401(k) plans in Arkansas, assets vs. participants Scatter plot of 6 data points. -5000000500000100000015000002000000 -1001020304050 Total assets ($B) Participants Walmart 401(k) Plan, Total assets ($B): 41.538754799 · Participants: 1611202Walmart 401(k) PlanTyson Foods, Inc. Retirement Savings Plan, Total assets ($B): 3.539529752 · Participants: 113806Tyson Foods, Inc. Retirement Savings PlanDillard's, Inc. Investment & Employee Stock Ownership Plan, Total assets ($B): 2.853974665 · Participants: 30034Dillard's, Inc. Investment & Employee Stock Ownership PlanJ.B. Hunt Transport Services, Inc. Employee Retirement Plan, Total assets ($B): 1.318138116 · Participants: 39077J.B. Hunt Transport Services, Inc. Employee Retirement PlanWindstream 401(k) Plan, Total assets ($B): 1.230072939 · Participants: 10991Windstream 401(k) PlanArvest Bank 401(k) & Profit Sharing Retirement Plan, Total assets ($B): 0.800074379 · Participants: 6636Arvest Bank 401(k) & Profit Sharing Retirement Plan
Walmart 401(k) Plan vs. nearby 401(k) plans in Arkansas, assets vs. participants
Compare Walmart 401(k) Plan side-by-side with 3 peers →

Scale composition for Walmart 401(k) Plan

Walmart 401(k) Plan reports $41.5B in end-of-year assets across 1,611,202 participants (0.34% of the $12.3T held by all Form 5500 filers in the national rollup , and 1.72% of 93,925,755 covered participants) - about $25,781 per participant (19% of the national average assets-per-participant) . Net income for plan year 2023 was $4.8B.

This plan identity (EIN 710415188, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $36.7B to $50.8B (+38.2%) while covered participants moved from 1,687,830 to 1,635,899 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 1,687,830 $36.7B Open filing
2023 1,611,202 $41.5B This page
2024 · index core 1,635,899 $50.8B Open filing

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

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

Outside Arkansas, the nearest 401(k) by assets is AT&T Retirement Savings Plan in TX ($40.0B); by covered participants it is Express Employment Professionals 401(k) Retirement Savings Plan in OK (548,852 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($41.5B here).

Similar participant headcount

Nearest other-state filings by covered participants (1,611,202 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 Walmart 401(k) Plan assets move in 2023? ▼
Walmart 401(k) Plan grew at a solid clip - up 13.0% during 2023, from $36.7B to $41.5B. Reported net income was $4.8B.
How have Walmart Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Walmart Inc.'s sponsor-wide assets grew 38.3%, from $36.9B to $51.0B.
Where does Walmart 401(k) Plan rank by assets among Form 5500 filers? ▼
Walmart 401(k) 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 Walmart 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is AT&T Retirement Savings Plan in TX ($40.0B, 119,854 participants).
Which 401(k) plans cover a similar participant headcount to Walmart 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Express Employment Professionals 401(k) Retirement Savings Plan in OK (548,852 participants, $2M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 710415188.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.