Walmart Inc. 401(k): best low-cost funds
Walmart 401(k) Plan · Plan #003 · Bentonville, AR
Suggested simple Boglehead mix
- US stocks (~60%): BlackRock Russell 1000 Index Non-Lendable Fund
- International stocks (~20-30%): BlackRock MSCI ACWI ex-U.S. IMI Index Non-Lendable Fund
- Bonds (~10-20%): BlackRock U.S. Debt Index Non-Lendable Fund
Fund names from the plan's public SEC Form 11-K for plan year 2024 (Schedule H, line 4i schedule of assets / fund list). Confirm they are on your current menu and check expense ratios. Adjust the bond share for your age and risk tolerance.
Know this plan's fund menu? Submit it and we'll add a fund-by-fund pick list.
Pooled funds named in the filing (Schedule D)
These are collective trusts and similar pooled funds the plan reported holding. Names that look like index funds are tagged index by keyword, so check them yourself. Mutual funds are not listed by name in the free data.
| Fund | Manager | Type | Plan's holding |
|---|---|---|---|
| Russell 1000 Index Non-lendable FUN index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $13.6B |
| Msci Acwi EX US IMI Index Non-lenda index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $2.9B |
| The Collective LSV International | Reliance Trust Company | Common/collective trust | $1.8B |
| US Debt Index Non-lendable Fund F index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $1.5B |
| Prudential Core Plus Bond Fund | Prudential Trust Company | Common/collective trust | $1.4B |
| Russell 2500 Index Non-lendable FUN index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $1.4B |
| Fiera Asset Management USA Collecti | SEI Trust Company | Common/collective trust | $1.4B |
| Msci USA Momentum Index RSL Fund F index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $1.4B |
| Msci USA Value Weighted Index RSL F index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $1.4B |
| Msci USA Quality Index RSL Fund F index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $1.4B |
| Msci USA Minimum Volatility Index F index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $1.4B |
| GQC Partners International Equity C | The Northern Trust Company | Common/collective trust | $1.4B |
| Prudential Long Duration Credit FUN | Prudential Trust Company | Common/collective trust | $1.1B |
| Altrinsic International Equity Coll | Global Trust Company | Common/collective trust | $912.8M |
| Government Short-term Investment FU | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $762.1M |
| Russell 2000 Index Non-lendable FUN index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $639.0M |
| Global Real Estate Securities Fund | Principal Global Investors Trust CO | Common/collective trust | $491.4M |
| AEW Global Properties Trust Fund CL | SEI Trust Company | Common/collective trust | $490.2M |
| AQR Emerging Equities Collective IN | Global Trust Company | Common/collective trust | $450.9M |
| Driehaus Emerging Markets Growth CI | Reliance Trust Company | Common/collective trust | $439.7M |
| Intermediate Government Bond Index index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $423.1M |
| The Presima Global Real Estate Conc | The Northern Trust Company | Common/collective trust | $420.6M |
| Victory MID CAP Value Collective FU | Global Trust Company | Common/collective trust | $411.9M |
| Jpmcb Short Duration Bond Fund | JP Morgan Chase Bank, N.a. | Common/collective trust | $365.9M |
| US Treasury Inflation Protected SE | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $295.0M |
| Long Term Government Bond Index NON index | Blackrock Institutional Trust Company, N.a. | Common/collective trust | $267.1M |
| First Sentier Global Listed Infa FD | The Northern Trust Company | Common/collective trust | $234.3M |
| Nuveen Global Infrastructure Fund | SEI Trust Company | Common/collective trust | $232.7M |
| Wellington Trust Company, NA CIF II | Wellington Trust Company, NA | Common/collective trust | $127.8M |
| Corecommodity Management Diversifie | SEI Trust Company | Common/collective trust | $127.7M |
| Cohen & Steers Global Listed Infra | SEI Trust Company | Common/collective trust | $114.5M |
| Collective Government Short Term IN | The Northern Trust Company | Common/collective trust | $61.4M |
| Jackson Square Smid-cap Growth CIT | SEI Trust Company | Common/collective trust | $0 |
How plan assets are invested
| Category (Schedule H) | Amount | Share |
|---|---|---|
| Registered investment companies (mutual funds) | $1.0B | 2.0% |
| Common/collective trusts | $39.3B | 77.5% |
| Employer securities (company stock) | $5.7B | 11.3% |
| Common stock (direct) | $1.8B | 3.5% |
| Participant loans | $1.4B | 2.7% |
| Other investments | $183.3M | 0.4% |
Fees paid from plan assets
| Contract administrator fees | $24.0M |
| Investment advisory & management fees | $16.3M |
| Total administrative expenses | $41.3M |
Reported administrative expenses were about 0.089% of average plan assets, or about $36 per participant with a balance. This usually excludes fund expense ratios netted inside mutual funds and trusts.
Source: DOL EFAST2 Form 5500 & Schedules H/D, filing ID 20250814105617NAL0005370979001. EIN 710415188.
FAQ
What are the best low-cost funds in the Walmart Inc. 401(k)?
Based on public filings, index options include BlackRock Russell 1000 Index Non-Lendable Fund (US stocks), BlackRock MSCI ACWI ex-U.S. IMI Index Non-Lendable Fund (international stocks) and BlackRock U.S. Debt Index Non-Lendable Fund (bonds). Confirm them against your current plan menu and fee disclosure.
Can I build a three-fund portfolio in the Walmart Inc. 401(k)?
It appears so: the filing lists a US stock index fund, an international index fund and a bond index fund. The split between them depends on your own goals and risk tolerance.
How big is the Walmart Inc. 401(k) plan?
The plan reported about $50.7B in net assets and 1,161,254 participants with balances for plan year 2024, according to its DOL Form 5500 filing.
Where does this data come from?
From public U.S. Department of Labor Form 5500 filings (EFAST2) and, where noted, the plan's SEC Form 11-K. Data can be outdated or incomplete, and this page is not financial advice.
Other retail employers
- Costco Wholesale Corporation
- CVS Health Corporation
- Best BUY Enterprise Services, Inc.
- Dillard's, Inc.
- Walgreen CO.
- Target Corporation