Plan Ledger DOL Form 5500 · updated monthly

Walgreen Co.401(k)

WALGREENS RETIREMENT SAVINGS PLAN · DEERFIELD, IL · plan year 2024

Reported admin expense ratio · 2024
0.03%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Walgreen Co. reported $3,942,869 in plan administrative expenses for 2024: 0.03% of average plan assets, below the peer median. Employer contributions averaged $1,067 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 fell from 0.04% to 0.03%. 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 5th-largest of 3,702 plans among Illinois employers on file, and the 5th of 5,215 in retail trade. In 2024, employees put in $2.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,535,873,337
Participants with balances133,452
Active participants215,583
Employer contributions$229,994,708
Employee contributions$480,386,320
Employer contribution per active participant$1,067
Average account balance$108,922
Benefits paid to participants$1,521,633,766
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.5B · 133,452 accts · $230.0M emplr
2023$13.4B · 138,183 accts · $227.1M emplr
2022$11.7B · 137,531 accts · $229.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,864,420
Audit (IQPA)$78,449
Total administrative$3,942,869
The Walgreen Co. 401(k) match · 2024
Employer contribution per active participant$1,067
Median for plans this size$5,259
2024$1,067 per active participant
2023$972 per active participant
2022$975 per active participant

Walgreen Co.'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.

Service providers · 20242
FID INV INST OPS CO · Recordkeeping · Loan processing$3,864,420
DELOITTE & TOUCHE LLP · Accounting / audit$78,449

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Fidelity
2023Fidelity

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$3,942,869 · 0.03%
2023$4,170,353 · 0.03%
2022$5,209,123 · 0.04%
All plans at this employer2
WALGREENS RETIREMENT SAVINGS PLAN401(k)
WALGREENS PUERTO RICO RETIREMENT SAVINGS PLAN401(k)
Same employer
Similar plansRetail Trade · Illinois
Walmart Inc. AR$50.7B · 0.09%
CVS Health Corporation RI$30.1B · 0.15%
The Home Depot, Inc. GA$15.7B · 0.14%
The Kroger Co. OH$11.8B · 0.03%
Sap America, Inc. PA$9.2B · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 361924025 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.