401(k) · DOL Form 5500 · 2024

Walmart Inc. 401(k) Plan

Data updated 2026-08-25

$50.8B
Total assets Mega-plan scale
1,635,899
Participants Very large workforce
100th
Percentile by assets National rank
$31,047
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

$50.8B in assets, 1,635,899 participants

Walmart Inc.'s Walmart 401(k) Plan reported $50.8B in total assets and 1,635,899 participants in its 2024 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.

  • #8,048 in Retail Trade (8,048 peers)

Coverage in Arkansas

Walmart 401(k) Plan covers 1,635,899 participants in Arkansas, 588x the typical Arkansas plan (state average ~2,784 per filing). Assets: $50.8B.

#8,048
in Retail Trade (8,048 peers)
+22.3%
assets growth YoY
510×
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 2024 · DOL Form 5500

$50,790,179,678 Highest reported value at or above every one of 123,620 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 2024

Walmart 401(k) Plan's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Walmart 401(k) Plan is a mega filing (1,635,899 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Walmart 401(k) Plan reported net income rose from $4.8B in the plan year 2023 filing to $9.2B in the plan year 2024 filing.
  • Walmart 401(k) Plan end-of-year assets rose from $41.5B in the plan year 2023 filing to $50.8B in the plan year 2024 filing.
  • Walmart 401(k) Plan reported participants rose from 1,611,202 in the plan year 2023 filing to 1,635,899 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 710415188 · Walmart Inc. PY 2024 · 401(k)

Walmart 401(k) Plan · $50.8B · 1,635,899 · 100th

  • 5500 $50.8B
  • 5500 1,635,899
  • 5500 100th
  • 5500 401(k)
  • 5500 near Lockheed Martin Corporation Salaried Savings Plan
  • 5500 ind #8048

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

Wells Fargo & Company 401(k) PlanWells Fargo & Company 401(k)…$57.9BJPMorgan Chase 401(k) Savings PlanJPMorgan Chase 401(k) Saving…$52.9BLockheed Martin Corporation Salaried Savings PlanLockheed Martin Corporation …$51.4BWalmart 401(k) Plan$50.8BGoogle LLC 401(k) Savings PlanGoogle LLC 401(k) Savings Pl…$48.7B
End-of-year total assets ($B) among Walmart 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Arkansas filing particulars

Total Assets (Beginning of Year)$41.5B
Net Assets (End of Year)$50.7B
Net Income$9.2B
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 -200204060 Total assets ($B) Participants Walmart 401(k) Plan, Total assets ($B): 50.790179678 · Participants: 1635899Walmart 401(k) PlanTyson Foods, Inc. Retirement Savings Plan, Total assets ($B): 3.735357745 · Participants: 118403Tyson Foods, Inc. Retirement Savings PlanDillard's, Inc. Investment & Employee Stock Ownership Plan, Total assets ($B): 3.00399706 · Participants: 30070Dillard's, Inc. Investment & Employee Stock Ownership PlanJ.B. Hunt Transport Services, Inc. Employee Retirement Plan, Total assets ($B): 1.407976159 · Participants: 35023J.B. Hunt Transport Services, Inc. Employee Retirement PlanWindstream 401(k) Plan, Total assets ($B): 1.291584763 · Participants: 9409Windstream 401(k) PlanArvest Bank 401(k) & Profit Sharing Retirement Plan, Total assets ($B): 0.925751555 · Participants: 6430Arvest Bank 401(k) & Profit Sharing Retirement Plan
Walmart 401(k) Plan vs. nearby 401(k) plans in Arkansas, assets vs. participants

Scale composition for Walmart 401(k) Plan

Walmart 401(k) Plan reports $50.8B in end-of-year assets across 1,635,899 participants (0.41% of the $12.3T held by all Form 5500 filers in the national rollup , and 1.74% of 93,925,755 covered participants) - about $31,047 per participant (22% of the national average assets-per-participant) . Net income for plan year 2024 was $9.2B.

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 Open filing
2024 · index core 1,635,899 $50.8B This page

The same sponsor also keeps 1 other index-core plan 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 Lockheed Martin Corporation Salaried Savings Plan in MD ($51.4B); by covered participants it is Amazon 401(k) Plan in WA (1,209,303 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($50.8B here).

Similar participant headcount

Nearest other-state filings by covered participants (1,635,899 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024?
Walmart 401(k) Plan grew sharply - up 22.3% during 2024, from $41.5B to $50.8B. Reported net income was $9.2B.
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 123,622 plans that reported assets for plan year 2024 (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 Lockheed Martin Corporation Salaried Savings Plan in MD ($51.4B, 96,812 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 Amazon 401(k) Plan in WA (1,209,303 participants, $34.6B in assets).