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Company:
McKesson Corporation
Plan:
McKesson Corporation Profit-Sharing Investment Plan
 

McKesson Corporation

71 Plan: McKesson Corporation Profit-Sharing Investment Plan

 
 
71
27
63
87
0
10
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100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (71) and the top rated plan (87) could equate to:
[How is this calculated?]
10 additional years of work
Up to $41,100 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

 Comments

Retirement Plan Description

McKesson Corporation Profit-Sharing Investment Plan is a defined contribution plan with a profit-sharing component, 401k feature, and leveraged ESOP component. This plan has a BrightScope Rating of 71. This plan is in the top 15% of plans for Salary Deferral and Total Plan Cost. McKesson Corporation Profit-Sharing Investment Plan currently has over 37,000 active participants and over $2.0B in plan assets.

 Retirement Plan Details

Address One Post Street, 30th Floor
San Francisco, CA 94104 
Industry Drugs and Druggists' Sundries Merchant Wholesalers
Administrator Jerry Warren
Net Plan Assets $1,970,000,000
Total Participants 37,000
Avg Account Balance $55,000

 Top 3 Funds in this 401k

1. McKesson Corporation Common Stock 26%
2. SSgA S&P 500 Index 13%
3. BNY Mellon Stable Value Fund 10%

  Plan Service Providers

Insurance Carrier MetLife
Insurance Carrier New York Life
Auditor Deloitte & Touche, LLP
Recordkeeper Fidelity

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