CVS HEALTH FUTURE FUND 401(K) PLAN · WOONSOCKET, RI · plan year 2024
Reported admin expense ratio · 2024
0.15%
Peer grade: D· admin costs + employer contributions vs same-size plans · how grading works
CVS Health Corporation reported $43,865,252 in plan administrative expenses for 2024: 0.15% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,778 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 2 years on file its reported administrative ratio rose from 0.14% to 0.15%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other retail trade employers. By assets it is the 1st-largest of 286 plans among Rhode Island employers on file, and the 3rd of 5,215 in retail trade. In 2024, employees put in $1.98 for every $1.00 the employer contributed; active participation has grown from 265,760 to 313,966 since 2022.
Plan summary
Net assets, end of year$30,062,340,595
Participants with balances230,636
Active participants313,966
Employer contributions$558,308,804
Employee contributions$1,104,297,150
Employer contribution per active participant$1,778
Employer contribution per active participant$1,778
Median for plans this size$5,259
2024$1,778 per active participant
2023$2,353 per active participant
2022$2,034 per active participant
CVS Health Corporation's 2024 employer contribution ran below the $5,259 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
What these fees cost you
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Source: U.S. Department of Labor, Form 5500 series, EIN 050494040 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.