401(k) · DOL Form 5500 · 2024
McKesson Corporation 401(k) Plan
Data updated 2026-08-25
- $5.7B
- Total assets Very large vs avg
- 25,981
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $218,836
- Avg per participant Above avg balance/head
Official DOL plan name: McKesson Corporation 401(k) Retirement Savings Plan · Sponsored by McKesson Corporation · Texas · Wholesale Trade
$5.7B in assets, 25,981 participants
McKesson Corporation's McKesson Corporation 401(k) Retirement Savings Plan reported $5.7B in total assets and 25,981 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.
- #6,076 in Wholesale Trade (6,080 peers)
Coverage in Texas
McKesson Corporation 401(k) Retirement Savings Plan covers 25,981 participants in Texas, 38x the typical Texas plan (state average ~688 per filing). Assets: $5.7B.
- #6,076
- in Wholesale Trade (6,080 peers)
- +2.3%
- assets growth YoY
- 57×
- vs typical plan assets (national mean)
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 2024 · DOL Form 5500
$5,685,577,311 Highest reported value at or above every one of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
McKesson Corporation 401(k) Retirement Savings 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. McKesson Corporation 401(k) Retirement Savings Plan is a mega filing (25,981 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- McKesson Corporation 401(k) Retirement Savings Plan reported net income fell from $900M in the plan year 2023 filing to $127M in the plan year 2024 filing.
- McKesson Corporation 401(k) Retirement Savings Plan end-of-year assets rose from $5.6B in the plan year 2023 filing to $5.7B in the plan year 2024 filing.
- McKesson Corporation 401(k) Retirement Savings Plan reported participants fell from 26,345 in the plan year 2023 filing to 25,981 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 943207296 · McKesson Corporation PY 2024 · 401(k)
McKesson Corporation 401(k) Retirement Savings Plan · $5.7B · 25,981 · 100th
- PHOTO $5.7B
- IND 25,981
- EOY 100th
- 5500 401(k)
- ASSETS near Bloomberg L.P. 401(k) Plan
- PCT ind #6076
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
Texas filing particulars
| Total Assets (Beginning of Year) | $5.6B |
|---|---|
| Net Assets (End of Year) | $5.7B |
| Net Income | $127M |
| Employer EIN | 943207296 |
| Plan Effective Date | 1972-10-01 |
| Filing Status | FILING 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
| 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.
- AT&T Retirement Savings Plan $43.1B · 109,889
- Exxonmobil Savings Plan $23.7B · 21,990
- Chevron Employee Savings Investment Plan $20.4B · 21,505
- Caterpillar 401(k) Savings Plan $18.8B · 43,873
- Southwest Airlines Co. Retirement Savings Plan $17.0B · 67,820
Scale composition for McKesson Corporation 401(k) Retirement Savings Plan
McKesson Corporation 401(k) Retirement Savings Plan reports $5.7B in end-of-year assets across 25,981 participants (0.046% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.028% of 93,925,755 covered participants) - about $218,836 per participant (1.6x the national average assets-per-participant) . Net income for plan year 2024 was $127M.
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 | Open filing |
| 2023 | 26,345 | $5.6B | Open filing |
| 2024 · index core | 25,981 | $5.7B | This page |
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 Bloomberg L.P. 401(k) Plan in NY ($5.7B); by covered participants it is Omnicom Group Retirement Savings Plan in NY (25,936 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($5.7B here).
- Bloomberg L.P. 401(k) Plan (NY) $5.7B · 14,760
- The 401(k) Savings and Profit Sharing Plan of S&p Global Inc. and Its Subsidiaries (NY) $5.7B · 10,615
- Verizon Savings & Security Plan for New York and New England Associates (NJ) $5.8B · 12,658
- The Quest Diagnostics Profit Sharing Plan (NJ) $5.6B · 47,668
Similar participant headcount
Nearest other-state filings by covered participants (25,981 participants); asset peers above are excluded.
- Omnicom Group Retirement Savings Plan (NY) 25,936 · 45 off
- Sedgwick 401(k) Savings Plan (TN) 25,842 · 139 off
- Parker Retirement Savings Plan (OH) 26,315 · 334 off
- Lumen 401(k) Savings Plan (LA) 26,319 · 338 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.