Mckesson Corporation 401(k) Plan: Login, Facts & Contact Information
Mckesson Corporation 401(k) Login
14,924 former Mckesson Corporation employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Mckesson Corporation 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Apr 1, 2024 – Mar 31, 2025), filed Jan 15, 2026. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $359.6 million went into the plan in contributions, $101.1 million of it from the employer (28%).
- $732.1 million was paid out to participants.
- Investment and other income added $500.4 million.
- Administrative expenses were $1.15 million, about $29 per account.
How the Mckesson Corporation 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 36,649 | $3.41 billion | $75.2 million | $438.6 million |
| 2020 | 37,127 | $4.71 billion | $64.8 million | $491.6 million |
| 2021 | 38,140 | $5.00 billion | $79.1 million | $458.7 million |
| 2022 | 41,452 | $4.65 billion | $88.8 million | $381.8 million |
| 2023 | 41,233 | $5.56 billion | $97.9 million | $509.1 million |
| 2024 | 41,104 | $5.69 billion | $101.1 million | $732.1 million |
Mckesson Corporation 401(k) Contact Information
Questions about the Mckesson Corporation 401(k)
Does Mckesson Corporation contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $101.1 million, 28% of all contributions.
Does the Mckesson Corporation 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Mckesson Corporation 401(k) plan?
41,104 participants at the start of plan year 2024, 26,640 of them active employees, and 14,924 former employees who still had money in the plan.
What is the average 401(k) balance at Mckesson Corporation?
About $141,513 per account: $5.69 billion in plan assets across 40,177 accounts with a balance at the end of plan year 2024.
Who manages the Mckesson Corporation 401(k) accounts?
Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Mckesson Corporation. How do I access my 401(k)?
Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.