Walgreens Boots Alliance Inc. is a health and wellness retail and wholesale company based in Deerfield, Illinois. It offers a variety of pharmacy products, beauty and personal care items, and health services through well-known brands like Walgreens, Duane Reade, and Boots.
The company operates globally, but it is more dominant in the Americas and Europe. Walgreens Boots Alliance has 206,000 employees. One of the benefits that Walgreens employees get is a company-sponsored 401k plan.
Here is the information about the 401k plan:
| Walgreens 401k Provider | Fidelity Investments |
| Walgreens 401k Plan Name | WALGREEN PROFIT-SHARING RETIREMENT PLAN |
| Walgreens 401k Login | https://nb.fidelity.com/public/nb/default/home |
| Walgreens 401k Phone Number | 800-835-5095 |
| Walgreens 401k Provider Address | PO Box 770002, Cincinnati, OH, 45277-0090 |
| Walgreens 401k Plan Administrator Address & Phone | 102 WILMOT ROAD, DEERFIELD, IL, 60015Phone: 800-825-5467 |
About Walgreens Boots Alliance
Walgreens Boots Alliance, Inc. is a leading American multinational holding company headquartered in Deerfield, Illinois.
Formed in 2014 when Walgreens acquired the remaining stake in Alliance Boots, the company has significantly expanded its global footprint. Walgreens Boots Alliance operates a vast network of retail pharmacy chains, including Walgreens in the U.S. and Boots in the UK, alongside various pharmaceutical manufacturing and distribution operations.
With over 13,000 locations across the U.S., Europe, and Latin America, it plays a crucial role in providing accessible health services and products to millions of customers. Walgreens Boots Alliance is also known for its inclusive workplace practices and has received accolades for fostering a diverse work environment.
However, it faces challenges in the retail landscape; recent announcements indicate plans to close more than 2,000 U.S. locations due to profitability concerns. This reflects the ongoing adjustments the company is making to adapt to changing market conditions while striving to maintain its position as a leader in the healthcare sector.
What other benefits do Walgreens employees get?
Walgreens offers a comprehensive benefits package designed to support the well-being and financial security of its employees. Here are some of the key benefits available to Walgreens team members:
Health and Wellness Benefits
Walgreens provides a range of health insurance options, including medical, dental, and vision coverage. Employees can choose from multiple plan levels, including virtual healthcare options and Health Savings Accounts (HSAs).
The company also offers an Employee Assistance Program (EAP) called Life 365, which provides mental health support and resources for employees and their families. Additionally, Walgreens promotes wellness through programs like the 365 Get Healthy Here initiative, which encourages healthy living and provides access to wellness resources.
Financial Benefits
Employees can participate in a 401(k) retirement savings plan with a company match of up to 4% of eligible contributions. The company also offers an Employee Stock Purchase Plan, allowing employees to buy company stock at a discounted rate.
For those pursuing education, Walgreens provides tuition reimbursement up to $5,000 per year for eligible courses, along with adoption and surrogacy reimbursement programs.
Time Off and Additional Perks
Walgreens offers paid time off (PTO), flexible time off for certain roles, and paid parental leave. Employees also benefit from discounts on store products—25% off Walgreens-owned brands and 15% off national brands.
Other perks include transportation benefits, flexible spending accounts (FSAs), and discounts on auto, home, and pet insurance through the Added Benefits Program. These offerings reflect Walgreens’ commitment to fostering a supportive work environment that prioritizes employee health, financial stability, and overall well-being.