Walgreen Co. 401(k) Review & Grade
Walgreens Puerto Rico Retirement Savings Plan
Deerfield, ILRetail Trade4,191 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,078Employer $ per active participant
$2,018Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$165.6MNet plan assets, end of year
$46,313Average balance per account
Score breakdown
- Employer generosity34.9 / 5070th percentile for employer $ per participant
- Low cost13.1 / 2552th percentile for low admin cost vs. same-size plans
- Employee saving7.5 / 1550th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score56 / 100 · Grade C
This plan vs. peers
Peers: Retail Trade plans with 2,500–9,999 active participants (183 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 70th |
| Lower admin cost | 52th |
| Employee saving | 50th |
| Peers that auto-enroll | 42% |
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Red flags from the filing
Corrective distributions: the plan refunded $111,181 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Walgreen put in about $1,078 per active participant, more than the typical peer ($650). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $4,516,232 |
| Participant (employee) contributions | $8,457,823 |
| Other contributions (incl. rollovers in) | $13,453 |
| Administrative expenses paid from the plan | $181,718 |
| Benefits paid out | $11,688,874 |
| Net assets, start / end of year | $150.3M / $165.6M |
| Active participants, start / end of year | 4,325 / 4,057 |
| Participants with account balances | 3,575 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Grant Thornton LLP |
Largest service providers (Schedule C)
| Fid Inv Inst Ops Co | $181,718 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251007085414NAL0004344097001, received 2025-10-07, EIN 36-1924025, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.