MCKESSON CORPORATION PROFIT-SHARING INVESTMENT PLAN
Plan Contact
- Address: ONE POST STREET, 30TH FLOOR,SAN FRANCISCO,CA
- Contact person: KEVIN CLOSE
- Phone: (415) 983-8300
Plan General Information
MCKESSON CORPORATION PROFIT-SHARING INVESTMENT PLAN Total Retirement Plan Assets
At the end of 2017, the total retirement plan assets of MCKESSON CORPORATION PROFIT-SHARING INVESTMENT PLAN is $3,885,493,000.00.This plan was established in 1972.
MCKESSON CORPORATION PROFIT-SHARING INVESTMENT PLAN Total Number of Retirement Plan Participants
At the end of 2017, the total number of retirement plan participants in MCKESSON CORPORATION PROFIT-SHARING INVESTMENT PLAN is 39365
MCKESSON CORPORATION PROFIT-SHARING INVESTMENT PLAN Average Participant Retirement Account Value
In 2017, the average participant retirement account value for MCKESSON CORPORATION PROFIT-SHARING INVESTMENT PLAN is $98,704.00
MCKESSON CORPORATION PROFIT-SHARING INVESTMENT PLAN Estimated Average Employee Contribution Amount
In 2017, the estimated average employee contribution amount per participant for MCKESSON CORPORATION PROFIT-SHARING INVESTMENT PLAN is $9,089.00.
MCKESSON CORPORATION PROFIT-SHARING INVESTMENT PLAN Estimated Average Employer Match
In 2017, the estimated average employer match for an employee in MCKESSON CORPORATION PROFIT-SHARING INVESTMENT PLAN is approximately $2,007.00
Investing in this additonal $2,007.00 for 20 years would give you extra $128,497.00, assuming a 10% annual return.
Investing in this additonal $2,007.00 for 20 years would give you extra $128,497.00, assuming a 10% annual return.
MCKESSON CORPORATION PROFIT-SHARING INVESTMENT PLAN Total Employer Contribution and Match Rate
In 2017, MCKESSON CORPORATION PROFIT-SHARING INVESTMENT PLAN allocates $79,036,000.00 to match its employees' contributions, providing an employer match rate of 44.18% of their contributions
MCKESSON CORPORATION PROFIT-SHARING INVESTMENT PLAN Total Retirement Plan Asset Growth Rate
In 2017, the total retirement plan asset growth rate of MCKESSON CORPORATION PROFIT-SHARING INVESTMENT PLAN is 5.40%.
MCKESSON CORPORATION PROFIT-SHARING INVESTMENT PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2017, the estimated aggregate retirement account investment gain/loss for MCKESSON CORPORATION PROFIT-SHARING INVESTMENT PLAN is 10.90%. This measures the effectiveness of the plan participants' investments in the year.
MCKESSON CORPORATION PROFIT-SHARING INVESTMENT PLAN Expense Ratio
In 2017, the investment and administrative expense ratio of MCKESSON CORPORATION PROFIT-SHARING INVESTMENT PLAN is 0.05%.
Enrollment Features
MCKESSON CORPORATION PROFIT-SHARING INVESTMENT PLAN has the following features:Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.
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