Walmart 401(k) Plan

- Walmart 401(k) Plan
  
  At the end of 2021, the Walmart 401(k) Plan had 1,051,450 participants with account balances and $37.4 billion in assets.
- Walmart Vesting
  
  Contributions, rollover contributions and matching contributions are 100% vested at all times. For company-funded Profit Sharing Account, contributions are subject to a 6-year vesting schedule.
- Your Contributions
  
  Employees may contribute up to 50% of their eligible compensation subject to prescribed annual IRS limits.
- Walmart’s Contribution
  
  Walmart makes matching contributions in an amount equal to 100% of the first 6% of compensation.
- Walmart 401(k) Investment Options
  
  Walmart’s 401(k) plan has ~22 investment options to select from. Plus, a Company Stock Fund (i.e., WMT shares) is an option for profit sharing contributions. The plan is administered by Merrill Lynch.

- $
  
  23000
  
  How much can I contribute?
  
  The IRS limits the total amount you can contribute each year to a 401(k) plan. Limit is $23,000 for 2024.
- $
  
  7500
  
  What are “catch-up” contributions?
  
  For those over 50 years old, you can make additional “catch-up” contributions to your 401(k) plan. Limit is $7,500 for 2024.

Investments Available
Individual Funds/Trusts

Equity/Stock
- BlackRock International Equity Index Trust
- BlackRock Russell 1000 Index Trust
- BlackRock Russell 2000 Index Trust
- International Equity Fund
- Large Cap Equity Fund
- Real Assets Fund
- Small Mid Cap Equity Fund
Fixed Income/Bond
- BlackRock Bond Index Trust
- BlackRock Money Market Trust
- Bond Fund
- JPMorgan Short Term Bond Trust
Walmart Target Date Retirement Funds
- myRetirement 2025 Fund
- myRetirement 2030 Fund
- myRetirement 2035 Fund
- myRetirement 2040 Fund
- myRetirement 2045 Fund
- myRetirement 2050 Fund
- myRetirement 2055 Fund
- myRetirement 2060 Fund
- myRetirement 2065 Fund
As of November 2022, the myRetirement Funds contained a mix of the following:
- US equity allocation: BlackRock Russell 1000 Index Trust, the Large Cap Equity Fund, and the Small-Mid Cap Equity Fund
- International equity allocation: International Equity Fund and BlackRock International Equity Index Trust
- Real assets allocation: PIMCO All Asset Fund (and the underlying investment vehicles of the Real Assets Fund)
- Fixed income allocation: JPMorgan Short Term Bond Trust, Blackrock Intermediate Government Bond Index Trust, BlackRock Long Term Government Bond Index Trust, the PGIM (Prudential) Long Duration Credit Trust, and the Bond Fund
Disclaimer: links provided are to representative funds and not necessarily the funds used within the myRetirement Funds. Wealth45 is not affiliated with Walmart or their 401(k) plan.

Walmart 401(k) Plan

Walmart Vesting

Your Contributions

Walmart’s Contribution

Walmart 401(k) Investment Options

How much can I contribute?

What are “catch-up” contributions?

Investments Available

Disclaimer: links provided are to representative funds and not necessarily the funds used within the myRetirement Funds. Wealth45 is not affiliated with Walmart or their 401(k) plan.

Walmart 401(k) Resources

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